199 OCEAN LANE DR 515, Key Biscayne, FL 33149
Parcel: 2442320140740 · Residential · Condominium - Residential · Zoning: 5000
Assessed Value (2025)
$691,514
Property Details
Beds
2
Baths
2
Living Sqft
1,350
Year Built
1974
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL
Sales History
1
$545,000
2012-02-29
LOUISE A WALLACE &H JOHN → ALEXANDRA STEFANOVIC
2
$635,000+17%
2019-04-01
ALEXANDRA STEFANOVIC → DORIS VALLE
3
N/Anon-market transfer
2020-03-12
DORIS VALLE → NOELLE PALLAIS
Tax Assessment History
$691,514
Assessed (2025)
$950,470
Market Value
$640,792
Taxable Value
$13,046
Annual Tax
2024
$672,026
$1,118,200
2025
$691,514
$950,470
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $691,514 | $950,470 | $640,792 | $13,046 | $0 | $0 |
| 2024 | $672,026 | $1,118,200 | $622,026 | $12,664 | $0 | $0 |
About 199 OCEAN LANE DR 515, Key Biscayne, FL 33149
199 OCEAN LANE DR 515, Key Biscayne, FL 33149 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1974 with 1,350 square feet of living space. The property is currently owned by NOELLE PALLAIS C/O FOX HORAN & CAMERINI LLP, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.
There are 3 recorded sales for this property. The 2025 assessed value is $691,514 with a market value of $950,470. The assessed value increased 3% from $672,026 in 2024.
The property has the following tax exemptions: homestead. 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 515, 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 2012 to 2020, with 3 recorded transactions in the public record..
Current Owner
NOELLE PALLAIS C/O FOX HORAN & CAMERINI LLP
199 OCEAN LAND DR #515, KEY BISCAYNE, FL, 33149
Since: 2026-04-19
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Flood Zone
Zone AE
Special Flood Hazard Area
Est. Annual Insurance
$7,315 — $13,247
Flood $400 — $800
Property/Wind $6,915 — $12,447
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
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