199 OCEAN LANE DR 1112, Key Biscayne, FL 33149

199 OCEAN LANE DR 1112, 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 CASCAVEL INC % MARGARET B THOMPSON, 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 1975-09-01 for $94,500. The 2025 assessed value is $688,127 with a market value of $828,316. The assessed value increased 10% from $625,570 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 1112, 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 current assessed value represents 728% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $75 per square foot — a key metric for comparing value across Key Biscayne's real estate market..