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199 Ocean Lane Dr, Unit 311
+33 more
$1.1M

Commodore Club South Cond Unit 311

199 Ocean Lane Dr, Unit 311 • Key Biscayne, FL 33149

at Commodore Club South Cond

Beds
2
Baths
2
Living Area
1,260 SF
Price / SF
$873
HOA / Quarterly
$3,895
Days on Market
60

About This Unit

Welcome to coastal living at its finest, located in the heart of Key Biscayne. This beautifully updated residence was thoughtfully designed with clean, modern finishes that feel both elevated and timeless. Recently updated bathrooms plus washer and dryer (2025) providing everyday convenience—an invaluable upgrade for island living. Set within a secure, gated community, residents enjoy an exceptional lifestyle with direct beach access, complete with beach chairs, tennis courts, and a fully equipped gym. With safety and security, - whether as a full-time residence or a refined beach retreat. 40 year recertification completed in 2022. No current special assessments and low maintenance fees. Just steps from the sand and moments from top-rated schools, parks, and local dining, this home offers the perfect balance of comfort, community, and coastal elegance—a rare opportunity to own in one of Key Biscayne’s most desirable enclaves.

Pricing at Commodore Club South Cond — $873/sqft
Commodore Club South Cond Unit 311 is listed at $873/sqft.
Building-level comparison data is thin for this bedroom count — see Recent Comparable Sales below.
Based on live MIAMIRE active & closed listings at Commodore Club South Cond.
Time on Market — 60 days
Commodore Club South Cond Unit 311 has been on the market for 60 days.
Building-level pace data is thin for this bedroom count.
Price History
Originally listed at $1,150,000. Reduced to $1,100,000 on Apr 21, 2026 (after 61 days on market) — -4.3% (−$50,000).
Estimated Monthly Cost
Mortgage (P&I)
$5,973
HOA
$1,298
Property Tax
$314
Total / mo
$7,585
Assumes 7.20% rate on 20% down (30-year fixed). Tax effective rate 0.34%. HOA $1.03/sqft · All-in $6.02/sqft / month. Excludes wind / flood / contents insurance — verify your actual rate with a lender.

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What to Verify
Flood Zone: This unit is in flood zone AE. High-risk flood zone (Special Flood Hazard Area). Federal flood insurance required for federally-backed mortgages.
Building Age: Built in 1974 (52 years old) — past Florida's 40-year recertification trigger; verify milestone status.
Verify all of the above with the HOA before closing.
Unit: 311
Year Built: 1974
Stories: 12
City: Key Biscayne
Postal Code: 33149
HOA Fee: $3,895 / Quarterly
View: Garden View
Waterfront: Yes
Private Pool: No
Heating: Central
Cooling: Central Air
Days on Market: 60
Listed: February 20, 2026
MLS #: A11968179

Location

Tour with Ricky

Schedule your private showing. Get pricing history, negotiation strategy, and the things the listing won't tell you.

Text or Call (305) 33-RICKY
That's (305) 337-4259
Email About This Unit
Ricky Garcia
Ricky Garcia
Ricky J. Garcia LLC
Licensed with Global Luxury Realty
Listing courtesy of: One Sotheby's International Realty
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11968179 • Updated Apr 21, 2026 • Photos uploaded 66 days ago.