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Buildings/Key Biscayne/OCEAN VILLAGE CONDO

Premium

OCEAN VILLAGE CONDO

55 OCEAN LANE, Key Biscayne 33149

1982

Year Built

Units

For Sale

$1.0M

Avg Price

$545

Sale $/SF

For Rent

$3,425

Avg Rent

$3.55

Rent $/SF

+0.2%

YoY

For Sale

For Rent

Investor-Owned

51%

Avg HOA

$1,063.67/mo

Building Details

Address

55 OCEAN LANE, Key Biscayne, 33149

Neighborhood

Key Biscayne

Year Built

1982

Total Units

Avg Unit Sqft

1,359 SF

Tier

Premium

Avg $/SF

$545.27

Avg Rent

$3,425/mo

Rent $/SF

$3.55/SF

HOA Range

$1,063.67 – $1,063.67

Neighborhood Rank

Top 19%

Avg Unit Value

$590K

Total Sales (All-Time)

313

Investment Analysis

Yield Metrics

Rental Yield (annualized)7.5%

YoY Appreciation+0.2%

Total Yield108.6%

YoY Sale $/SF Change+11.4%

Liquidity & Demand

Closed Sales (120d)1

Days on Market161 days

Months of Inventory16.0

Sale-to-List Ratio0.9%

Price Reduction Rate100%

Investor-Owned51%

For Sale4

For Rent5

Top 19%

Neighborhood percentile

Market Data

Sale Price Trend ($/SF)

$545

-3.6%

Rental Price Trend ($/SF)

$4.04

+3.3%

Building Activity

Days on Market

161

Sales & Listings

Active Listings

For Sale (4)

$595K

Unit 3030

1 bd2 ba972 sf

$612/SF

$819K

2 bd2 ba1,450 sf

$1.2M

3 bd2 ba1,734 sf

$1.4M

3 bd2 ba1,734 sf

For Rent (5)

$3K

Unit 3030

1 bd2 ba972 sf

$3/SF

$3K

Unit 3030

1 bd2 ba972 sf

$3/SF

$4K

Unit 1030

1 bd2 ba972 sf

$6K

Unit 1028

2 bd2 ba1,450 sf

$4/SF9 DOM

$7K

3 bd2 ba1,734 sf

Recent Sales

Date	Price	$/SF	Bed/Bath	SF
Oct 30, 2025	$550K	$565.84	1/1	972
Mar 3, 2025	$710K	$489.66	2/2	1,450
Oct 25, 2024	$590K	$607	1/1	972
Sep 26, 2024	$850K	$586.21	2/2	1,450
Jul 5, 2024	$520K

Units & Ownership

Total Units

Avg Sqft

1,359 SF

Avg Assessed

$486K

Owner-Occupied

49%

Tax & Ownership

Investor-Owned

51%

Owner-Occupied

49%

Avg Assessed Value

$486K

Avg Taxable Value

$461K

Effective Year Built

1982

Zoning

3900

Unit Mix

1 BR25

Avg 972 SF

2 BR23

Avg 1,388 SF

3 BR24

Avg 1,734 SF

Unit Directory

Showing 10 of 72 units

Unit	Beds	Baths	SF	Assessed	Owner	Last Sale	$/SF	Sale Date
1018	1	1	972	$406K	✓	$430K	$442	Jan 2022
1019	3	2	1,734	$720K	—	$600K	$346	Apr 2013
1020	2	2	1,450	$556K	—	$390K	$269	Jun 2010
1021	2	2	1,450	$427K	✓	$475K	$328	Jul 2019
1022	3	2	1,734	$547K	✓	$790K	$456	Mar 2017
1023	2	2	1,450	$556K	—	$560K	$386	Mar 2014
1024	2	2	1,450	$556K	—	$585K	$403	May 2019
1025	3	2	1,734	$720K	—	$204K	$118	Jul 1986
1026	1	1	972	$346K	—	$550K	$566	Oct 2025
1027	1	1	972	$346K	—	$225K	$231	Dec 2003