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ActiveFor sale

55 Ocean Lane Dr # 1031, Key Biscayne FL 33149, Key Biscayne

$1,400,000

Key Biscayne, FL, 33149

55 Ocean Lane Dr # 1031, Key Biscayne FL 33149 — photo 1
55 Ocean Lane Dr # 1031, Key Biscayne FL 33149 — photo 255 Ocean Lane Dr # 1031, Key Biscayne FL 33149 — photo 355 Ocean Lane Dr # 1031, Key Biscayne FL 33149 — photo 455 Ocean Lane Dr # 1031, Key Biscayne FL 33149 — photo 555 Ocean Lane Dr # 1031, Key Biscayne FL 33149 — photo 655 Ocean Lane Dr # 1031, Key Biscayne FL 33149 — photo 755 Ocean Lane Dr # 1031, Key Biscayne FL 33149 — photo 855 Ocean Lane Dr # 1031, Key Biscayne FL 33149 — photo 955 Ocean Lane Dr # 1031, Key Biscayne FL 33149 — photo 1055 Ocean Lane Dr # 1031, Key Biscayne FL 33149 — photo 1155 Ocean Lane Dr # 1031, Key Biscayne FL 33149 — photo 12

Property details

Bedrooms
3
Bathrooms
2
Living area
1,734 sqft
Year built
1982
Type
Condominium
Association fee
$6,589 / quarterly
Days on market
85
MLS #
A11981705

Listing courtesy of Compass Florida, LLC · 305-851-2820. Listing agent: Ignacio Villanueva. MLS data last updated 2026-03-17.

Description

Fully Renovated 3-Bedroom, 2-Bathroom Lanai Unit in Key Biscayne's Ocean Village This 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.

55 Ocean Lane Dr # 1031, Key Biscayne FL 33149, Key Biscaynefor sale, listed for $1,400,000 (3 bed, 2 bath, 1,734 sqft).

$807/sqft · 10% percentile · based on 39 3-bed listings for sale in 33149 (median $1,152/sqft).

Availability in OCEAN VILLAGE CONDO

4 listings are currently active in this building across 3 distinct units (3 × 1-bed, 1 × 3-bed).

n=4 · 2026-07-28 · Methodology

Asking price vs the market

Compared with the other 39 3-bed listings for sale in 33149, this home asks $807/sqft — the group median is $1,152/sqft.

That places it below the market midpoint (10% percentile).

n=39 · 2026-07-28 · Methodology

Are sellers cutting prices here?

25% of the 40 active 3-bed listings for sale in 33149 have reduced their asking price at least once — a direct read on seller flexibility in this segment.

n=40 · 2026-07-28 · Methodology

Market trend (our weekly archive)

Our weekly snapshot archive tracks the median for 3-bed listings for sale in 33149: $1,154/sqft in 2026-W30 to $1,154/sqft in 2026-W31.

This history is computed from our own recorded market snapshots, not backfilled estimates.

n=41 · 2026-07-28 · Methodology

Run the numbers

Browse this price segment

n=51 · 2026-07-28 · Methodology

Association fee context

The $2,196 association fee compares with a $2,419 median across 36 3-bed listings for sale in 33149 that report fees.

n=36 · 2026-07-28 · Methodology

Current market segment

Right now: 40 active 3-bed listings for sale in 33149, median asking price $2,590,000, median $1,152/sqft.

n=40 · 2026-07-28 · Methodology

Time on market

This listing has been on the market 85 days; the median across 40 3-bed listings for sale in 33149 is 47 days.

n=40 · 2026-07-28 · Methodology

Market intelligence recomputed weekly from the full live MLS feed · 2026-07-28 · Methodology

The data relating to real estate listings on this website comes in part from the participating MLS via Bridge API. Information is deemed reliable but not guaranteed and should be independently verified. Listings are provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties.