101 OCEAN LANE DR 1017, Key Biscayne, FL 33149

Parcel: 2442320230650 · Residential · Condominium - Residential · Zoning: 3900

Assessed Value (2025)
$414,599

Property Details

Beds
3
Baths
2
Living Sqft
1,734
Year Built
1982
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$220,000
1997-12-01
2
$100non-market transfer
2013-06-12
WILFREDO BORROTOWILFREDO BORROTO
3
$1,150,000
2026-01-15
WILFREDO BORROTOCHIMBAS 2 LLC
4
$1,150,000
2026-01-29

Tax Assessment History

$414,599
Assessed (2025)
$719,780
Market Value
$313,877
Taxable Value
$6,390
Annual Tax
2024
$402,915
$846,800
2025
$414,599
$719,780
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $414,599 $719,780 $313,877 $6,390
2024 $402,915 $846,800 $302,915 $6,167

About 101 OCEAN LANE DR 1017, Key Biscayne, FL 33149

101 OCEAN LANE DR 1017, Key Biscayne, FL 33149 is a 3-bedroom, 2-bathroom residential - total value : condominium - residential built in 1982 with 1,734 square feet of living space. The property is currently owned by CHIMBAS 2 LLC, 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 2026-01-29 for $1,150,000. There are 4 recorded sales for this property. The 2025 assessed value is $414,599 with a market value of $719,780.

The assessed value increased 3% from $402,915 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.

101 OCEAN LANE DR 1017, 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 2026, with 4 recorded transactions in the public record.

The current assessed value represents 36% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $663 per square foot — a key metric for comparing value across Key Biscayne's real estate market..

Current Owner

CHIMBAS 2 LLC
2600 S DOUGLAS RD STE 1008, CORAL GABLES, FL, 33134
Since: 2026-03-29
View owner profile →

People Behind This Entity

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$4,545 — $8,262
Flood $400 — $800
Property/Wind $4,145 — $7,462

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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