199 OCEAN LANE DR 412, Key Biscayne, FL 33149

Parcel: 2442320140550 · Residential · Condominium - Residential · Zoning: 5000

Assessed Value (2025)
$636,883

Property Details

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

Sales History

1
N/Anon-market transfer
1997-07-01
2
$440,000
2011-06-21
MARIA M PALACIOGEORGE SAND LLC
3
$575,000+31%
2019-09-24
GEORGE SAND LLCMARBELLA INVESTMENTS CORP

Tax Assessment History

$636,883
Assessed (2025)
$766,700
Market Value
$636,883
Taxable Value
$12,966
Annual Tax
2024
$578,985
$902,000
2025
$636,883
$766,700
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $636,883 $766,700 $636,883 $12,966
2024 $578,985 $902,000 $578,985 $11,788

About 199 OCEAN LANE DR 412, Key Biscayne, FL 33149

199 OCEAN LANE DR 412, 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 MARBELLA INVESTMENTS CORP, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2019-09-24 for $575,000, when GEORGE SAND LLC sold to MARBELLA INVESTMENTS CORP. The property has appreciated $135,000 (31%) since the prior sale of $440,000 on 2011-06-21. There are 3 recorded sales for this property.

The 2025 assessed value is $636,883 with a market value of $766,700. The assessed value increased 10% from $578,985 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.

199 OCEAN LANE DR 412, 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 1997 to 2019, with 3 recorded transactions in the public record.

The current assessed value represents 111% of the most recent sale price. Based on the most recent sale, this property traded at $456 per square foot — a key metric for comparing value across Key Biscayne's real estate market..

Current Owner

MARBELLA INVESTMENTS CORP
1390 BRICKELL AVE #200, MIAMI, FL, 33131
Since: 2026-03-29
View owner profile →

People Behind This Entity

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$6,768 — $12,263
Flood $400 — $800
Property/Wind $6,368 — $11,463

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 →
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