199 OCEAN LANE DR 501, Key Biscayne, FL 33149

Parcel: 2442320140600 · Residential · Condominium - Residential · Zoning: 5000

Assessed Value (2025)
$1,482,400

Property Details

Beds
3
Baths
2.5
Living Sqft
1,930
Year Built
1974
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$155,000
1975-06-01
2
$300,000+94%
1984-05-01
3
$100non-market transfer
2016-04-29
EDITH CUBASEDITH P CUBAS TRS

Tax Assessment History

$1,482,400
Assessed (2025)
$1,599,135
Market Value
$1,482,400
Taxable Value
$30,180
Annual Tax
2024
$1,347,637
$1,683,300
2025
$1,482,400
$1,599,135
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,482,400 $1,599,135 $1,482,400 $30,180
2024 $1,347,637 $1,683,300 $1,347,637 $27,437

About 199 OCEAN LANE DR 501, Key Biscayne, FL 33149

199 OCEAN LANE DR 501, Key Biscayne, FL 33149 is a 3-bedroom, 2.5-bathroom residential - total value : condominium - residential built in 1974 with 1,930 square feet of living space. The property is currently owned by EDITH P CUBAS TRS EDITH CUBAS LIVING TRUST, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2016-04-29 for $100, when EDITH CUBAS sold to EDITH P CUBAS TRS. The property sold for $299,900 less than the prior sale of $300,000 on 1984-05-01. There are 3 recorded sales for this property.

The 2025 assessed value is $1,482,400 with a market value of $1,599,135. The assessed value increased 10% from $1,347,637 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 501, 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 1975 to 2016, with 3 recorded transactions in the public record..

Current Owner

EDITH P CUBAS TRS EDITH CUBAS LIVING TRUST
5225 ALHAMBRA CIR, CORAL GABLES, FL, 33146
Since: 2026-04-19
View owner profile →

People Behind This Entity

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$15,224 — $27,483
Flood $400 — $800
Property/Wind $14,824 — $26,683

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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