199 Ocean Ln Dr · Key Biscayne, FL 33149

Part of Commodore Club · 3 buildings

Commodore Club South

12-story mid-rise, completed 1974, 180 residences in Key Biscayne. 5 for sale and 4 for rent on Nov 2, 2026.

Tell me your unit and I'll prepare its value myself, from Commodore Club South's closed sales and what is listed now. Then we talk it through.

Phone or email. One is enough.

Thinking about

Goes to Enrique only. No mailing list.

When a unit at Commodore Club South lists or sells, I'll let you know. I send these myself, not a robot.

Phone or email. One is enough.

Alerts for

Goes to Enrique only. No mailing list.

WhatsApp Enrique

At a glance Commodore Club South (199 Ocean Ln Dr, Key Biscayne) is a 12-story, 180-unit building completed in 1974. As of Nov 2, 2026, 5 units are for sale and 4 are for rent; the median closed price was $868 per square foot over 8 sales in the last 12 months. FEMA flood zone AE. Source: Miami Assoc. of REALTORS® MLS via Bridge IDX, Miami-Dade Property Appraiser records and the FEMA flood map.

6 photos from my condo archive

For sale
5
For rent
4
Median $/SF
$8688 sales · 12 mo
Sold
8last 12 months
Part of
Commodore Club
Built
1974
Floors
12
Residences
180county
Flood zone
AEFEMA
Owner-occupied
44%

MLS via Bridge IDX · as of Nov 2, 2026 · How these numbers are made

On the market at Commodore Club South.

The weekly MLS snapshot, newest asks first. Each unit opens its full listing: photos, taxes, history. Or check the live feed for today's inventory.

Snapshot as of Nov 2, 2026.

Listings matched to this building's recorded addresses. I don't have to be the listing agent to show you any unit or to negotiate for you. Search condos in 33149

Commodore Club South, floor by floor.

Every unit the MLS has recorded here, placed by its unit number: floors up, lines across, each column as wide as the units in it. Amber is for sale today (a unit listed both for sale and for rent is amber). Hover or tap a unit to read its record.

71 units seen · MLS via Bridge IDX · as of Nov 2, 2026
  • For sale 5
  • Under contract 3
  • For rent 4
  • Sold or leased, last 12 months 19
  • Seen in the MLS before that 40
  • No MLS record seen 109
0001020304050607080910111213151211050001020405060708091011121315121105

Tap a unit to read its record here. Amber and white units open their listing page.

Units seen71of 180 residences on record
Floors with units12floors 1 to 12
Lines15stacks of units, by number

Closed $/SF by height sales in the 24 months to Nov 2, 2026

Upper floorsfloors 9 to 12$952/SF · 3 sales
Middle floorsfloors 5 to 8$921/SF · 6 sales
Lower floorsfloors 1 to 4$887/SF · 3 sales

Closed $/SF figures use the 12 recorded sales of these units in the 24 months to Nov 2, 2026; a median needs three. Floor, line and size are the record's. Views and orientation are not in it and are not shown.

Line 13 closed highest per square foot: a median $905/SF over 3 sales in 24 months. The largest typical unit is line 00, a median 1,930 sf over 3 units seen, recorded with 3 bedrooms.

The lines what the MLS record holds for each stack of units
LineUnits seenTypical sizeBedsOn the marketClosed $/SF · 24 mo
Line 0031,930 sf3––
Line 0161,930 sf321 sale, too few
Line 022895 sf11–
Line 034895 sf11–
Line 0431,260 sf21–
Line 0541,708 sf311 sale, too few
Line 0681,260 sf211 sale, too few
Line 0761,260 sf211 sale, too few
Line 0831,260 sf2––
Line 0941,260 sf21–
Line 1061,260 sf21–
Line 1151,260 sf212 sales, too few
Line 1271,260 sf2–1 sale, too few
Line 1361,260 sf21$905 3 sales
Line 1541,350 sf2–2 sales, too few

2 units in the record sit outside this grid (200-202, 1114): penthouse, townhouse or ground-level numbers, or lines seen only once or twice.

How this is drawn: a unit's floor and line come from its MLS unit number alone (5614 is floor 56, line 14). A cell exists only where the MLS has recorded a listing, a closing or a lease; a blank means no record was seen, not that no unit exists. Column widths follow each line's median recorded living area. Pre-construction towers and buildings with a thin record have no drawing.

Floor and line from the MLS unit number; a blank cell means no record was seen. How these numbers are made

The read on Commodore Club South.

Activity as of Nov 2, 2026
  • One of the 3 buildings of Commodore Club. Its own condominium, 180 residences at this address (Miami-Dade Property Appraiser). The complex page adds up the sales and listings of every building.
  • Resale +95%. The median closed price moved from $446/SF in 2020 (8 sales) to $868/SF in 2026 (6 sales), the first and last years with three or more recorded sales.
  • Gross rental yield 6.5%. A year of rent at the median $4.72/SF/mo (16 leases) against the median $868/SF sale (8 sales), both over 12 months, before HOA, taxes and vacancy.
  • Asks run +14% against closings. Sellers ask a median $991/SF (5 listings) against $868/SF closed (8 sales, 12 months). That gap is negotiation room. Bring the comps.
  • Sells in a median 89 days. Days on market across the 8 sales closed in the last 12 months.
  • A renters' building. Leases outnumbered sales 2 to 1 over the last 12 months (16 leases, 8 sales), at a median $5,800 a month.

Where it ranks citywide, condo buildings in 17 Miami neighborhoods

  • #57 of 360 · closest to asking price96% of asking, median · n 11 · Oct 2024 to Sep 2026
  • #67 of 345 · biggest $/sf change since 2021+43.9% median $/SF since 2021 ($622 to $896) · n 22 · Calendar 2021 vs Oct 2025 to Sep 2026

See the full rankings · How rankings are made

Read the full record 4 paragraphs and 12 facts, every figure from the MLS and county record

Built in 1974, Commodore Club South is a 12-story mid-rise at 199 Ocean Ln Dr in Key Biscayne. The Miami-Dade Property Appraiser lists 180 residential units, averaging 1,353 SF of living area. The condo archive records it as waterfront (ocean).

On November 2, 2026, five units were listed for sale, asking $1.1M to $4.5M (median ask $991/SF across 5 listings). One more was under contract. Eight sales closed between November 2, 2025 and November 2, 2026, from $1M to $2.8M, a median $868/SF, after a median 89 days on the market. In the 12 months before that, four sales closed at a median $972/SF, so the median fell 11%. The MLS holds 42 closed sales here going back to 2019; among years with three or more sales, 2025 set the high at a median $972/SF. That 12-month median ranks 15th of the 23 Key Biscayne buildings with at least three sales in the same window. Two-bedrooms made up nine of the 12 sales in the last 24 months, at a median $1,140,000.

Four units were offered for rent at $5,000 to $19,000 a month. 16 leases were signed over the same 12 months, at a median $5,800 a month (range $4,500 to $12,000). Leases outnumbered sales 2 to 1 over that year, so renters are a large share of who lives here.

About 44% of the residences are owner-occupied according to county records.

Sources: Miami Assoc. of REALTORS® MLS via Bridge IDX (activity as of November 2, 2026), Miami-Dade Property Appraiser records and my condo archive. Blanks mean the record doesn't state it; nothing here is estimated.

The record

Address
199 Ocean Ln Dr, Key Biscayne 33149
Neighborhood
Key Biscayne
Year built
1974
Floors
12
Residences (county-verified)
180
Owner-occupied
44% of residences
Avg. unit size
1,353 sq ft
Total living area
243,535 sq ft
County condo folios
180
Waterfront
Yes / Ocean
Recorded MLS listings
139
Also recorded as
199 Ocean Ln

The numbers at Commodore Club South.

Every sale and lease the MLS has recorded at this address, sales first.

MLS via Bridge IDX · as of Nov 2, 2026

Median $/SF by year closed

Every recorded sale at this address, 2019 to 2026. Count in the tooltip.

$486$972$4332019$4462020$6222021$8752022$9232023$6832024$9722025$8682026$486$972$433'19'20$622'21'22$923'23'24$972'25'26

Pale bars: fewer than three sales that year, so the bar is the sale itself or the average of two, too few for a median.

Year by year, every recorded closing
YearSalesMedian $/SFLeasesMedian rent
2026 (to date)6$86815$5,700/mo
20256$97215$5,850/mo
20241$683*11$5,375/mo
20234$92313$5,300/mo
20224$87512$5,600/mo
202112$6228$5,450/mo
20208$4468$3,400/mo
20191$433*––

* Fewer than three closings that year: the figure is the closing itself or the average of two, too few for a median.

Own here? See how the building moved since you bought.

Median closed $/SF in 2020: $446 (8 sales). In the last 12 months: $868 (8 sales). Change: +95%.

This is the building's movement, not your unit's value. Floor, view, line and condition move a unit's price more than the building does. Only years with three or more recorded sales are listed.

Get your unit's value →
Show all closings 42 sales · 82 leases on record since 2019

Closed sales Nov 2, 2024 to Nov 2, 2026 · 12

UnitBDBASFAskedClosed$/SFClose dateDOM
80132.51,930$2,990,000$2,775,000$1,438Oct 27, 202683
512221,260$1,150,000$1,040,000$825Jul 13, 202613
311221,260$1,100,000$1,050,000$833Jun 30, 202695
115321,350$1,250,000$1,197,000$887Mar 2, 2026102
313221,260$1,140,000$1,140,000$905Feb 6, 202628
613221,260$1,150,000$1,070,000$849Jan 8, 2026397
611221,260$1,140,000$1,020,000$810Dec 15, 2025508
607221,260$1,260,000$1,260,000$1,000Dec 5, 20252
706221,260$1,295,000$1,250,000$992Oct 24, 2025152
100533.52,155$2,250,000$2,250,000$1,044Oct 22, 20253
1015221,350$1,295,000$1,275,000$944Oct 9, 202544
1213221,260$1,250,000$1,200,000$952Jun 3, 2025149

Leases signed Nov 2, 2025 to Nov 2, 2026 · 16

UnitBDBASFAsked/moLeased/mo$/SF/moLease dateDOM
1206221,260$6,500/mo$6,150/mo$4.88Sep 18, 202659
113221,260$4,500/mo$4,500/mo$3.57Sep 3, 202660
1112221,260$7,500/mo$8,000/mo$6.35Aug 17, 2026956
311221,260$6,350/mo$6,350/mo$5.04Aug 15, 202616
1006221,260$5,100/mo$5,100/mo$4.05Aug 6, 202620
1210442,520$13,000/mo$12,000/mo$4.76Aug 6, 202619
60211.5895$5,000/mo$5,000/mo$5.59Jul 31, 202612
515221,350$6,500/mo$6,600/mo$4.89Jul 1, 202613
1209221,260$6,000/mo$5,900/mo$4.68Jun 8, 202621
811221,260$5,500/mo$5,500/mo$4.37Jun 1, 20263
1114221,350$5,900/mo$5,700/mo$4.22Apr 17, 2026227
115321,350$7,250/mo$7,000/mo$5.19Apr 15, 20267
807221,260$5,500/mo$5,350/mo$4.25Apr 1, 202630
707221,260$5,300/mo$5,000/mo$3.97Feb 13, 2026137
611221,260$5,300/mo$5,200/mo$4.13Jan 7, 202619

The 15 most recent of 16.

Data: Miami Assoc. of REALTORS® MLS via Bridge IDX, as of Nov 2, 2026. Listings matched to this building's recorded addresses; pending includes under-contract. Closed listings shown as records only, no photos. Blanks mean the record doesn't state it. How these numbers are made

The file on Commodore Club South.

The rules on record, the documents in my files, the two Florida checks every buyer should run, and the buildings around it. Each card opens.

FEMA flood zone

AE

Inside FEMA's Special Flood Hazard Area. A federally backed mortgage requires flood insurance here.

What the zone means
  • The 1% annual chance ("100-year") flood area, with a base flood elevation set.
  • Base flood elevation 8 ft (NGVD29).
  • The zone is a map line, not a premium. Ask the association for its master flood policy, and get a flood quote for the specific unit before you commit.

FEMA National Flood Hazard Layer, checked at the building's mapped location on Oct 12, 2026. Open the official map ↗

Milestone structural inspection

Turned 30 in 2004

The statute's first deadline for a building this age was December 31, 2024, then every 10 years.

What the deadline means
  • Based on year built 1974 (county record). The statute counts from the certificate of occupancy date, which can differ.
  • The association must give every owner the inspector's summary. Ask for it, and for the structural integrity reserve study, before you commit.

Fla. Stat. § 553.899(3) ↗ and Miami-Dade recertification ↗, read Oct 9, 2026. What the deadline means for buyers

Nearby

Around Commodore Club South

5 more nearby

Compare with the two nearest →Every Key Biscayne building →Distances are straight-line. Building data from Miami Assoc. of REALTORS® MLS records via Bridge IDX.

Own here, or looking here

Owners: tell me your unit and I'll prepare its value myself. Buyers and renters: I'll tell you when a unit here lists or sells. Either way it starts a conversation with me, not a mailing list.

Own here?

Get your unit's value

Tell me your unit and I'll prepare its value myself, from Commodore Club South's closed sales and what is listed now. Then we talk it through.

Phone or email. One is enough.

Thinking about

Goes to Enrique only. No mailing list.

Looking here?

Get alerts when a unit lists or sells

When a unit at Commodore Club South lists or sells, I'll let you know. I send these myself, not a robot.

Phone or email. One is enough.

Alerts for

Goes to Enrique only. No mailing list.

Enrique Ponte Ojeda on a balcony overlooking the water in Miami
I read the building before you buy or sell a unit in it.Closed history, the association's rules, what is really for sale and what it should trade at. Then we talk.
Enrique Ponte Ojeda
Licensed Florida Real Estate Agent · Carmona Realty Group

Or reach me directly

iMessage
Call / Text786-578-6900 Emaileponteojeda@gmail.com