Condo in 55 Ocean Lane Drive 1031, Key Biscayne, FL 33149 for sale with MLS# A11981705

Fully Renovated 3-Bedroom, 2-Bathroom Lanai Unit in Key Biscayne's Ocean VillageThis beautifully updated split-level unit, renovated in 2017, offers an open floor plan with a modern, fully integrated kitchen, Italian porcelain tiles, and renovated bathrooms. Enjoy impact windows, custom closets, and a large ground-floor screened terrace perfect for entertaining. With generous bedrooms and 2 assigned parking spaces, this home combines style and convenience.About Ocean Village:A secure, gated community with 2 pools, a hot tub, gym, recreation room, and lush tropical landscaping. Experience island living at its finest with 24/7 security and resort-style amenities.

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55 Ocean Lane Drive 1031, Key Biscayne, FL 33149

Price
Price:
$1,400,000.00
Original List Price:
$1,400,000.00
More Listings Same Building:
Ocean Village in 55 Ocean Lane Dr Key Biscayne
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential
Property Type:
Condominium
Description of Last Important Update:
New Listing
Last Major Update on:
March 13, 2026 4:00 am
Other Special Conditions:
Sold As-is, Foreign Seller
Rooms Distribution
Bedrooms:
3
Bathrooms Total:
2
Full Bath:
2
Master Bedroom Bath:
Separate Shower, Master Bdrm - Ground
Measures
Living Area:
1,734 Sqft
Built-Up Area:
1,734 Sqft
Property Features
View from the Property:
Garden
Waterfront:
No
Security:
Smoke Detector(s), Security Guard, Security Fence, Security Patrol
Appliances:
Dryer, Dishwasher, Microwave, Refrigerator, Washer, Electric Range, Oven
Patio and Porch:
Porch, Porch - Screened
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Storm Protection Impact Glass:
Complete
Construction
Year Built:
1982
Architectural Style:
Split Level
Levels:
Two
Entry Level (floor):
1
Construction Materials:
Block
Flooring:
Tile
Number of stories:
4
Road Frontage Type:
East of US-1
Flood Zone Code:
AE
Property Condition:
Resale, Updated/remodeled
Taxes and Expenses
Tax Annual Amount:
$13,433.00
Tax Year:
2025
Association Fee:
$6,589.00
Association Fee Frequency:
Quarterly
Property Tax Details:
Tax Reflects No Exemptions
Parking
Garage
Garage Spaces:
2
Covered Spaces:
2
Utilities
Utilities Available:
Cable Available
Community
Association
Special Assessment
Application Required
Application Fee:
$150.00
Application Information:
3-4 Weeks Approval
Association Type:
Condominium
Pets Allowed?:
No, Pet Restrictions Possible
Lease Number Times per Year Allowed:
2
Amenities Provided by the Homeowner's Association (HOA):
Heated Pool, Pool, Community Room, Cabana, Elevator(s), Fitness Center
Subdivision Name:
OCEAN VILLAGE CONDO
Association Fee Includes:
Hvac Maintenance
Senior Community:
No
Restrictions:
Auto Parking On
Minimum Days per Lease:
180
Leasing Permitted
Leasing Permitted Details:
Okay To Lease
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable
Zoning and Legal
Tax Legal Description:
OCEAN VILLAGE CONDO UNIT 1031 UNDIV .873% INT IN COMMON ELEMENTS OFF REC 11681-1949 OR 14173-97 0789 5
Real Estate Folio Number (Parcel Number):
2442320231210
Public Schools Assigned
Elementary School:
Key Biscayne K-8
High School:
Coral Gables
Middle Or Junior School:
Ponce De Leon
Listing History
Active on the market since:
March 13, 2026
Listing Agreement executed on:
March 13, 2026
Listing Status Last Changed On:
March 13, 2026 4:00 am
Photos updated on:
March 17, 2026 12:01 am
Last Modified:
July 6, 2026 11:03 pm
Additional Information
Courtesy of:
Compass Florida, LLC
Attribution:
Not provided
Location
Floor Number:
1
Street Name:
Ocean Lane
Street Number:
55
Unit Number:
1031
City:
Key Biscayne
State:
Florida
Zip Code:
33149
County:
Miami-Dade
Latitude:
N25° 41' 58.9''
Longitude:
W81° 50' 21.7''
Street Suffix:
Drive
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $171,982
Median Home Value $1,231,500
Median Rent $3,501/mo
Median Age 43
Population 14,628

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 70 Moderate
☀️ O3 25 Good
🫁 PM2.5 70 Moderate

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Association of REALTORS®
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