Home » Properties » 199 Ocean Lane Dr # 901, Key Biscayne FL 33149

Spacious 3-Bed Condo with Ocean Views in Key Biscayne

Luxurious 3-bedroom, 2.5-bath condo with direct ocean views, wrap-around terrace, marble floors, and gourmet kitchen in Key Biscayne.

$13,000

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MLS #A11850208

Listing Updated: 2026-07-16 18:42:06

Listed By: Coldwell Banker Realty

Overview

This spacious corner condominium in the coveted Commodore Club South offers stunning direct ocean views and a wrap-around terrace perfect for entertaining. Featuring three large bedrooms and two and a half bathrooms, the unit boasts marble floors and a white gourmet quartz kitchen, blending elegance with functionality. Built in 1974 and meticulously maintained, this fully furnished rental includes one garage space and convenient first-floor entry. The building has been remodeled and is recognized as one of the best in Key Biscayne, offering a premium coastal living experience. Available for lease with flexible terms, this residence is ideal for those seeking a refined oceanfront lifestyle.

Property Highlights

Direct ocean views, wrap-around terrace, 3 bedrooms, 2.5 bathrooms, marble floors, gourmet quartz kitchen, fully furnished, remodeled building, 1 garage space, first-floor entry.

Property Details

City: Key Biscayne

State: FL

Zip Code: 33149

Address: 199 Ocean Lane Dr # 901, Key Biscayne FL 33149

Year Built: 1974

Property Type: Residential Lease

Property Sub Type: Condominium

Listing Office Name: Coldwell Banker Realty

County: Miami-Dade County

Garage Spaces: 1

Parking Features: 1 Space, No Rv/Boats, No Trucks/Trailers

Interior Features: First Floor Entry, Closet Cabinetry

Exterior Features: Lighting, Open Balcony, Other

Waterfront: Yes

Pool: No

HOA Fee: $0

Annual Tax: $0

Days On Market: 310 Days

Original Listing Description

DIRECT OCEAN VIEWS FR THIS UBER LUXURIOUS RENTAL UNIT IN COVETED COMMODORE CLUB SOUTH IN KEY BISCAYNE. SPACIOUS CORNER UNIT BOASTING 3 LARGE BEDROOM, 2/5 BATHS, WRAP AROUND TERRACE DIRECTLY IN FRONT OF THE OCEAN. GREAT FOR ENTERTAINING! MARBLE FLOORS & WHITE GOURMET QUARZT KITCHEN. NO EXPENSE SPARRED! VERY WELL KEPT (USE AS SECOND HOME). FULLY FURNISHED. COULD BE RENTED FOR LESS THAN A YEAR. BUILDING HAS BEEN REMOLEDED AND IS CONSIDERED ONE OF THE BEST IN KEY BISCAYNE. AVAILABLE NOW! PRICE VARIES BASED ON LENGHT OF STAY: $13,000 FOR 1 YEAR, $15,000 FOR 6 MONTHS, $17,000 FOR 3 MONTH

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

199 Ocean Lane Dr # 901, Key Biscayne FL 33149

About This Neighborhood

Located in Key Biscayne, this property benefits from a tranquil island community known for its scenic oceanfront and upscale residential character. The Commodore Club South is a well-regarded building within the area, offering residents a peaceful environment while remaining close to Miami’s vibrant amenities. The neighborhood provides easy access to beaches, parks, and local dining, making it a favored spot for those seeking a balanced coastal lifestyle with convenient urban connections.

Walkability & Lifestyle

Residents enjoy a walkable environment with access to local shops, restaurants, and waterfront areas. The proximity to beaches and parks encourages an active outdoor lifestyle, while nearby marinas offer boating opportunities. Daily conveniences are within easy reach, making this location practical for those who appreciate coastal living combined with urban amenities. The neighborhood’s layout supports leisurely strolls and easy access to key points of interest.

Things To Do Nearby

Key Biscayne offers a variety of recreational activities including beach outings, boating, and golfing. The waterfront location invites residents to enjoy water sports and scenic walks along the coast. Local dining options and cultural attractions provide entertainment and relaxation. Outdoor enthusiasts benefit from parks and nature trails, while the community’s vibrant social scene adds to the overall appeal of living in this desirable area.

Nearby Schools

Key Biscayne offers access to reputable educational institutions within reasonable distance, providing families with convenient schooling options. The community’s residential nature supports a family-friendly environment, complemented by nearby parks and recreational facilities. While specific school names are not listed, the area’s overall educational access is considered favorable for residents seeking quality schooling options.

Why Buyers Like This Area

Buyers appreciate this area for its serene oceanfront setting combined with convenient access to Miami’s amenities. The community’s reputation for safety, quality buildings, and scenic views makes it a preferred choice. The spacious condominium layout with upscale finishes meets the needs of those seeking comfort and style. Its location within Commodore Club South offers a blend of privacy and social opportunities, appealing to a diverse range of residents.

Investment Potential

This Key Biscayne condominium appeals to renters seeking a premium oceanfront lifestyle, making it a desirable rental option. Its spacious layout, direct ocean views, and upscale finishes enhance tenant interest. Seasonal demand in this sought-after coastal location supports steady occupancy potential. Flexible lease terms accommodate various rental durations, increasing usability for different tenant needs. The building's reputation and recent remodeling further contribute to its attractiveness in the rental market.

Market Trends

Key Biscayne's real estate market remains attractive due to its limited inventory and high demand for oceanfront properties. Buyers and renters alike value the combination of exclusive location, quality construction, and lifestyle amenities. The market reflects steady interest from those seeking second homes or long-term residences with premium views. Renovated buildings like Commodore Club South maintain strong appeal, contributing to sustained market stability in this coastal community.

Rental Income Potential

The rental appeal of this condominium is enhanced by its oceanfront location and spacious design, attracting tenants interested in luxury coastal living. Seasonal demand peaks during winter months, supporting favorable occupancy rates. The flexible lease options allow for short or long-term rentals, catering to diverse tenant preferences. Its fully furnished condition and premium amenities further increase its attractiveness to renters seeking convenience and style in Key Biscayne.