199 OCEAN LANE DR 1115, Key Biscayne, FL 33149

Parcel: 2442320141700 · Residential · Condominium - Residential · Zoning: 5000

Assessed Value (2025)
$944,344

Property Details

Beds
2
Baths
2
Living Sqft
1,350
Year Built
1974
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
N/Anon-market transfer
2015-03-10
JORGE TORRE TRSJORGE TORRE
2
$815,000
2015-03-13
JORGE TORRECOMMODORE KEY 1115 INC
3
$800,000-2%
2018-12-11
COMMODORE KEY 1115 INCEMERALD PORT INVESTMENTS LLC

Tax Assessment History

$944,344
Assessed (2025)
$996,795
Market Value
$944,344
Taxable Value
$19,226
Annual Tax
2024
$858,495
$1,172,700
2025
$944,344
$996,795
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $944,344 $996,795 $944,344 $19,226
2024 $858,495 $1,172,700 $858,495 $17,478

About 199 OCEAN LANE DR 1115, Key Biscayne, FL 33149

199 OCEAN LANE DR 1115, 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 EMERALD PORT INVESTMENTS LLC, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2018-12-11 for $800,000, when COMMODORE KEY 1115 INC sold to EMERALD PORT INVESTMENTS LLC. The property sold for $15,000 less than the prior sale of $815,000 on 2015-03-13. There are 3 recorded sales for this property.

The 2025 assessed value is $944,344 with a market value of $996,795. The assessed value increased 10% from $858,495 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 1115, 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 2015 to 2018, with 3 recorded transactions in the public record.

The current assessed value represents 118% of the most recent sale price. Based on the most recent sale, this property traded at $593 per square foot — a key metric for comparing value across Key Biscayne's real estate market..

Current Owner

EMERALD PORT INVESTMENTS LLC
199 OCEAN LANE DR 1115, KEY BISCAYNE, FL, 33149
Since: 2026-03-29
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People Behind This Entity

Registered Agent: CESAR GOMEZ P.A.
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Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$9,843 — $17,798
Flood $400 — $800
Property/Wind $9,443 — $16,998

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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