199 OCEAN LANE DR 108, Key Biscayne, FL 33149

Parcel: 2442320140050 · Residential · Condominium - Residential · Zoning: 5000

Assessed Value (2025)
$658,845

Property Details

Beds
2
Baths
2
Living Sqft
1,260
Year Built
1974
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$250,000
1991-11-01
2
$100non-market transfer
2018-09-11
ESPERANZA CAMPOARTURO E ALCANTARA TRS
3
$555,000
2020-07-17
ARTURO E ALCANTARA TRSSALVADOR MARIA CORREA FARRELL

Tax Assessment History

$658,845
Assessed (2025)
$720,970
Market Value
$658,845
Taxable Value
$13,414
Annual Tax
2024
$598,950
$848,200
2025
$658,845
$720,970
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $658,845 $720,970 $658,845 $13,414
2024 $598,950 $848,200 $598,950 $12,194

About 199 OCEAN LANE DR 108, Key Biscayne, FL 33149

199 OCEAN LANE DR 108, Key Biscayne, FL 33149 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1974 with 1,260 square feet of living space. The property is currently owned by SALVADOR MARIA CORREA FARRELL SILVINA MARIA DIBAR, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2020-07-17 for $555,000, when ARTURO E ALCANTARA TRS sold to SALVADOR MARIA CORREA FARRELL . The property has appreciated $554,900 (554900%) since the prior sale of $100 on 2018-09-11. There are 3 recorded sales for this property.

The 2025 assessed value is $658,845 with a market value of $720,970. The assessed value increased 10% from $598,950 in 2024. This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain).

Flood insurance is typically required by lenders for properties in this zone. The median household income in this area is $146,719, and the median home value is $799,300. The population density is 30,655 people per square mile.

There are active mortgage liens totaling $205,882 recorded against this property. 199 OCEAN LANE DR 108, Key Biscayne, FL 33149 is located in Key Biscayne, Florida. Property records, tax assessments, sales history, and ownership information for this Key Biscayne property are sourced from miami_dade County public records.

The complete ownership history of this property spans from 1991 to 2020, with 3 recorded transactions in the public record. The current assessed value represents 119% of the most recent sale price. Based on the most recent sale, this property traded at $440 per square foot — a key metric for comparing value across Key Biscayne's real estate market..

Current Owner

SALVADOR MARIA CORREA FARRELL SILVINA MARIA DIBAR
199 OCEAN LANE DR #108, KEY BISCAYNE, FL, 33149
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$6,988 — $12,659
Flood $400 — $800
Property/Wind $6,588 — $11,859

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$146,719
Median Home Value$799,300
Pop. Density30,655/sq mi

Neighborhood 33149

34.2%
Owner-Occ
65.8%
Investor
119
Flips (4yr)
3,025
New Biz (3yr)
Distress Risk
MODERATE
36
View full risk analysis →

Mortgages

ACTIVE
$222,000
~$205,882 bal.
PARAMOUNT RESIDENTIAL MORTGAGE GROUP INC · 2020-07-28
Est. Total Balance $205,882
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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