200 Ocean Lane Dr

Key Biscayne, FL 33149

$3,850,000

$2,048/ft²

4Beds

4Baths

1,880Sq ft

1961Year built

Co-opType

About this home

Wake up to the sound of the waves and endless horizon views in this breathtaking direct oceanfront Key Biscayne sanctuary. Located in the highly sought-after Island House, this rare 3-bedroom-plus-den, 4-bath home spans nearly 2,400 square feet of seamless, open-concept design. Every room is kissed by natural light, with floor-to-ceiling windows that serve as a living canvas of the Atlantic. Pour a glass of wine and step onto your private balcony to watch the sunset, or take the elevator directly down to your quiet, pristine beach. Complete with a heated oceanfront pool, fitness center, elegant secure lobby, and covered parking, this is more than a home — it is a daily vacation.

Features

Waterfront

Property details

Listing

MLS #: A12049547
Status: For sale
Listed on: Jul 7, 2026
Days on market: 33 days
Listing data updated: Aug 6, 2026

Interior

Beds: 4
Baths: 4
Living area: 1,880 ft²
Price per ft²: $2,048/ft²
Unit: 501

Building & community

Type: Co-op
Year built: 1961
HOA fee: $150/mo
County: Miami-Dade

Lot & exterior

Waterfront: Yes

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest): $19,468
Property taxes (est.): $3,529
Home insurance (est.): $600
Flood insurance (est.): —
HOA fee: $150

Estimated total$23,747*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?

Building structural health (SIRS)

No filing record found

We couldn't find a SIRS filing record for this building in Florida's public DBPR database. That is not a red flag by itself: buildings under three stories are exempt, recent or mailed-in filings may not appear yet, and the name or address on file may differ from this listing.

Questions about this

What is a SIRS and why does it matter?

Since the Surfside collapse, Florida requires condo and co-op buildings three stories or taller to complete a Structural Integrity Reserve Study: an inspection-based plan that forces the association to fund structural repairs (roof, load-bearing walls, plumbing, electrical) instead of deferring them. It matters because underfunded buildings are the ones that surprise owners with large special assessments.

Has this building filed its SIRS?

We didn't find a filing record for this building in the DBPR's public database. Absence of a record does not mean the building is out of compliance — it may be exempt (under three stories), the filing may be recent or on paper, or the recorded name/address may differ. It IS the right question to ask before offering.

What is a special assessment?

A one-off charge the association levies on every owner when reserves don't cover a needed repair — in older coastal buildings they have ranged from a few thousand to over $100,000 per unit. The SIRS exists precisely to make these predictable and funded in advance. Always review the building's budget, reserves and meeting minutes before buying.

What should I check before buying in this building?

Florida law gives buyers the right to review the association's SIRS, milestone inspection reports, budget and reserves — the full study is available from the association by written request. Nilyan requests and walks through these documents with her buyers as part of the offer process.

Source: Florida DBPR public SIRS reporting database. Filing status is self-reported by the association; this is not an audit, inspection or safety certification, and absence of a record does not mean non-compliance. Data as of July 30, 2026.

Want the full structural picture of this building before you offer?