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Buildings/Key Biscayne/COMMODORE CLUB SOUTH

Luxury

COMMODORE CLUB SOUTH

199 OCEAN LANE, Key Biscayne 33149

1974

Year Built

180

Units

CI Score

Moderate

For Sale

$1.2M

Avg Price

$849

Sale $/SF

For Rent

$6,250

Avg Rent

$5.84

Rent $/SF

+1.8%

YoY

For Sale

For Rent

Investor-Owned

73%

Avg HOA

$1,298.33/mo

Building Details

Address

199 OCEAN LANE, Key Biscayne, 33149

Neighborhood

Key Biscayne

Year Built

1974

Total Units

180

Avg Unit Sqft

1,353 SF

Tier

Luxury

Avg $/SF

$849.21

Avg Rent

$6,250/mo

Rent $/SF

$5.84/SF

HOA Range

$1,298 – $1,298.33

Neighborhood Rank

Top 5%

Avg Unit Value

$933K

Total Sales (All-Time)

748

Investment Analysis

Yield Metrics

Rental Yield (annualized)8.8%

YoY Appreciation+1.8%

Total Yield124.3%

Liquidity & Demand

Closed Sales (120d)1

Days on Market397 days

Months of Inventory20.0

Sale-to-List Ratio0.9%

Price Reduction Rate100%

Investor-Owned73%

For Sale5

For Rent6

Top 5%

Neighborhood percentile

Market Data

Sale Price Trend ($/SF)

$849

-10.8%

Rental Price Trend ($/SF)

$4.70

+9.6%

Building Activity

Days on Market

397

days

Sales & Listings

Active Listings

For Sale (5)

$1.1M

Unit 113

2 bd2 ba1,260 sf

$853/SF6 DOM

$1.1M

Unit 512

2 bd2 ba1,260 sf

$913/SF2 DOM

$1.2M

Unit 413

2 bd2 ba1,260 sf

$933/SF7 DOM

$1.4M

Unit 1009

2 bd2 ba1,260 sf

$1071/SF60 DOM

$4.5M

Unit 401

4 bd4 ba2,825 sf

$1593/SF6 DOM

For Rent (6)

$4K

895 sf

$5K

Unit 602

1 bd2 ba895 sf

$6/SF35 DOM

$6K

2 bd2 ba1,260 sf

$4/SF126 DOM

$6K

Unit 811

2 bd2 ba1,260 sf

$4/SF3 DOM

$6K

Unit 811

2 bd2 ba1,260 sf

$4/SF42 DOM

$6K

Unit 1207

2 bd2 ba1,260 sf

$5/SF47 DOM

Recent Sales

Date	Price	$/SF	Bed/Bath	SF
Jan 8, 2026	$1.1M	$849.21	2/2	1,260
Dec 15, 2025	$1.0M	$809.52	2/2	1,260
Oct 22, 2025	$2.3M	$1,044.08	3/3	2,155
Oct 9, 2025	$1.3M	$944.44	2/2	1,350
May 29, 2025	$1.2M

Units & Ownership

Total Units

180

Avg Sqft

1,353 SF

Avg Assessed

$768K

Owner-Occupied

27%

Tax & Ownership

Investor-Owned

73%

Owner-Occupied

27%

Avg Assessed Value

$768K

Avg Taxable Value

$752K

Effective Year Built

1974

Zoning

5000

Unit Mix

1 BR21

Avg 987 SF

2 BR131

Avg 1,276 SF

3 BR26

Avg 1,948 SF

4 BR2

Avg 2,520 SF

Unit Directory

Showing 10 of 180 units

Unit	Beds	Baths	SF	Assessed	Owner	Last Sale	$/SF	Sale Date
100	3	2	1,930	$574K	✓	$350K	$181	Dec 2002
102	1	1	895	$461K	—	$190K	$212	Dec 2000
104	2	2	1,260	$615K	—	$170K	$135	Dec 1981
106	2	2	1,260	$693K	—	$950K	$754	Apr 2023
108	2	2	1,260	$659K	—	$555K	$440	Jul 2020
110	2	2	1,260	$793K	—	$1.1M	$905	Feb 2022
112	2	2	1,260	$753K	—	$592K	$470	May 2021
113	2	2	1,260	$615K	—	$125K	$99	Dec 1984
114	2	2	1,350	$798K	—	$215K	$159	Jun 1995
115	2	2	1,350	$842K	✓	$490K	$363	Mar 2021