170 Ocean Lane Dr APT 305, Key Biscayne, FL, 33149

About This Home

Three bedrooms on Key Biscayne! If you know, you know how hard that is to find. Families who've fallen in love with this island — the beach, the K-8 school, the bike paths, the community — keep running into the same wall: there are almost no 3-bedroom condos available at a price that makes sense. This is one of them. 170 Ocean Lane Dr, Unit 305 is a 3-bedroom, 2-bathroom condo at Ocean Lane Plaza with a remodeled kitchen, and something nearly impossible to find: a luminous ground floor outdoor patio with a tropical garden view. Step through sliding glass doors onto your own shaded terrace — space for morning coffee, dinners outside, a place that actually feels like home. For families: You're a short walk from Key Biscayne K-8, a few feet from the beach, tennis and pickleball courts two blocks away, and the cycling paths that make this island one of Miami's most kid-friendly addresses. The building has a resort-style pool and hot tub, grilling area, fitness center, elevator, 24-hour security, and one covered parking space. For investors: The unit is currently leased at $6,300/month through June 30, 2026 — immediate cash flow from day one. Zillow's Rent Zestimate for this unit is $7,360/month. The below-market lease expires this summer, giving a new owner the opportunity to relist at full market rate. Inside: Fully remodeled kitchen with modern cabinetry, premium appliances, and a breakfast bar. New tile porcelain flooring throughout. In-unit Samsung washer/dryer. The primary suite has garden views, its own door patio access, a workspace nook, and an ensuite with soaking tub, walk-in shower, and bidet. The second bedroom is bright with garden windows and patio access. The third bedroom functions as a true legal third bedroom, not a den, with bright sunlight and full A/C, making it genuinely livable as a kids' room, home office, in-laws or guest room. HOA context: covers water, internet service, access to a game room for parties or work, building insurance, amenities, and reserves — all-inclusive island living. The numbers: Listing price reduced at $1,350,000. For context, 3-bedroom condos in 33149 have sold between $1,100,000 and $1,600,000 over the past year depending on size and building — this unit sits in the middle of that range with a private patio and remodeled finishes few can match at this price. Showings are available, just contact the owner. Floor plan and video walkthrough available on request.