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Waterfront · Stock Cooperative
$1,499,000$931 / sqft
200 Ocean Lane Drive # 409, Key Biscayne FL 33149
Listed
2
Bedrooms
2
Bathrooms
1,610 sqft
Interior
1961
Year built
$3,177 / mo
HOA
Stock Cooperative
Type
About this home
Filled with exceptional natural light from 11 windows and doors, including both bathrooms, this thoughtfully remodeled double-corner residence showcases timeless elegance through a carefully curated selection of materials, finishes, and soft neutral tones. At its center is a beautifully designed open kitchen, accessible from three sides and seamlessly connected to the living and dining areas—an inviting focal point for everyday living and effortless entertaining. Marble floors, generous terraces and a gracious L-shaped living and dining area enhance the sense of space and flow throughout. The split floor plan offers exceptional privacy with two separate bedroom suites, each with direct terrace access. Direct ocean and beach views from the living room, dining room, and primary bedroom are complemented by lush tropical greenery, creating a bright and welcoming coastal setting. The double-corner exposure captures natural light throughout the day and reinforces the residence's unique connection to the shoreline. Located in a boutique oceanfront community known for its intimate scale, direct beach access and remarkable proximity to the shoreline, allowing residents to enjoy an authentic beachfront lifestyle with the ocean at their doorstep. Key Biscayne is a unique island community known for its privacy, security & natural beauty (Ocean, parks, marinas, scenic bike paths) while Brickell, Coconut Grove, Downtown Miami & Miami International Airport remain conveniently accessible
Features
- First Floor Entry
- Cooking Island
- Split Bedroom
- East Of Us1
- Open Balcony
- Garden View
- Ocean View
- Direct Ocean
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 2-bed rentals in Key Biscayne, from 86 active listings; the middle half ask $5,500–$9,500.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.