170 Ocean Lane Dr Apt 310
Key Biscayne, FL 33149 · condos · For Sale · 180 days on market
Asking price$769,900
2 beds 2 baths 1,335 sqft
Listed by Melinda Foley · All Florida Prop. Group
Typecondos
Built1981
Price / sqft$577
Est. value (own analysis)$1,064,115
Rent estimate (own analysis)$6,900/mo
HOA$1,929/mo
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Statusfor_sale
Listed date2026-03-06
Removed date—
MLSMiamiMLS #A11975988
Coordinates25.69886, -80.15901
Address170 Ocean Lane Dr Apt 310
CityKey Biscayne
StateFL
Zip33149
Listing ID6188688558
Sourceus-real-estate-listings, cached 2026-08-31
ZIP market snapshot (33149)
Typical home value (ZHVI)$1,692,135
Typical rent (ZORI)$7,910/mo
Zillow Research's ZHVI (home value index) and ZORI (rent index) for this ZIP, as of 2026-07 — free published data, refreshed monthly, no RentCast quota spent. "Typical value/rent" is a smoothed index, not a literal median of active listings.
Underwriting (buy-and-hold, default assumptions)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $769,900 |
| Down payment (20.0%) | $153,980 |
| Loan amount | $615,920 |
| Closing costs (5.0%) | $38,495 |
| Total cash to close | $192,475 |
| Income | |
| Rent (comp-derived) | $6,900$82,800 |
| Vacancy loss (8.0%) | |
| Effective gross income | $6,348$76,176 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,219$14,628 |
| Insurance (placeholder 0.8% of price) | $513$6,159 |
| HOA dues | $1,929$23,148 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $345$4,140 |
| Total operating expenses | $4,006$48,075 |
| Net operating income (NOI) | |
| Debt service & reserves | |
| Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing) | |
| CapEx reserve (5.0% of GSR) | $345$4,140 |
| Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%) | $0$0 |
| Cash flow |
Cap rate
Cash-on-cash
DSCR
Rent-to-price (1% rule)
Gross rent multiplier
Operating expense ratio
Break-even occupancy
Comparables
Same ZIP. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| apartment | 2 | 2 | 1,109 | $3,950 | 2025-06-02 | — | |
| condos | 2 | 2 | 1,532 | $5,000 | 2026-08-10 | — | |
| condos | 2 | 2 | 1,260 | $4,500 | 2026-06-29 | — | |
| condos | 2 | 2 | 1,496 | $10,000 | 2026-08-26 | — | |
| condos | 2 | 2 | 1,400 | $5,250 | 2026-07-20 | — | |
| condos | 2 | 2 | 875 | $4,000 | 2026-08-05 | — | |
| condos | 2 | 2 | 1,090 | $4,600 | 2026-07-21 | — | |
| condos | 2 | 2 | 1,109 | $3,400 | 2026-08-24 | — | |
| condos | 2 | 2 | 875 | $4,450 | 2026-08-24 | — | |
| condos | 2 | 2 | 1,454 | $6,000 | 2026-05-22 | — | |
| condos | 2 | 2 | 1,450 | $9,500 | 2026-08-28 | — | |
| condos | 2 | 2 | 1,460 | $5,450 | 2026-08-06 | — | |
| condos | 2 | 2 | 1,532 | $6,500 | 2026-07-30 | — | |
| condos | 2 | 2 | 1,496 | $9,000 | 2026-05-28 | — | |
| condos | 2 | 2 | 1,611 | $8,500 | 2026-08-21 | — | |
| condos | 2 | 2 | 1,531 | $6,750 | 2026-08-21 | — | |
| condos | 2 | 1 | 962 | $3,200 | 2026-08-07 | — | |
| condos | 2 | 2 | 1,335 | $4,350 | 2026-04-29 | — | |
| condos | 2 | 2 | 1,260 | $5,000 | 2026-08-25 | — | |
| condos | 2 | 2 | 1,330 | $5,950 | 2026-08-27 | — | |
| condos | 2 | 2 | 1,109 | $3,600 | 2026-08-18 | — | |
| condos | 2 | 2 | 1,532 | $8,500 | 2026-08-26 | — | |
| condos | 2 | 2 | 1,036 | $4,200 | 2026-08-11 | — | |
| condos | 2 | 2 | 1,310 | $8,100 | 2026-08-17 | — | |
| condos | 2 | 3 | 1,703 | $22,500 | 2026-08-26 | — | |
| condos | 2 | 2 | 1,409 | $7,000 | 2026-08-17 | — | |
| condos | 2 | 1 | 886 | $3,600 | 2026-02-12 | — | |
| condos | 2 | 2 | 1,068 | $3,500 | 2026-05-20 | — | |
| condos | 2 | 2 | 1,541 | $6,500 | 2025-09-10 | — | |
| condos | 2 | 2 | 1,170 | $3,800 | 2026-05-21 | — | |
| condos | 2 | 2 | 1,600 | $5,700 | 2026-07-21 | — | |
| condos | 2 | 2 | 925 | $4,200 | 2026-06-05 | — | |
| condos | 2 | 2 | 875 | $3,750 | 2026-05-01 | — | |
| condos | 2 | 2 | 1,310 | $9,500 | 2025-02-20 | — | |
| condos | 2 | 2 | 1,260 | $5,900 | 2026-07-28 | — | |
| condos | 2 | 2 | 1,335 | $4,200 | 2026-06-05 | — | |
| condos | 2 | 2 | 1,330 | $5,100 | 2026-08-13 | — | |
| condos | 2 | 2 | 1,546 | $6,500 | 2026-06-09 | — | |
| condos | 2 | 2 | 1,330 | $4,500 | 2026-05-08 | — | |
| condos | 2 | 2 | 1,260 | $5,500 | 2025-11-17 | — | |
| condos | 2 | 2 | 1,409 | $7,500 | 2024-09-03 | — | |
| condos | 2 | 2 | 1,782 | $10,000 | 2026-05-15 | — | |
| condos | 2 | 2 | 1,036 | $4,450 | 2026-04-15 | — | |
| condos | 2 | 2 | 1,670 | $7,100 | 2026-04-23 | — | |
| condos | 2 | 2 | 1,330 | $4,500 | 2026-06-22 | — | |
| condos | 2 | 2 | 1,409 | $8,250 | 2026-08-03 | — | |
| condos | 2 | 2 | 1,547 | $6,500 | 2026-07-29 | — | |
| condos | 2 | 2 | 1,409 | $8,500 | 2026-05-22 | — | |
| condos | 2 | 2 | 1,546 | $8,300 | 2026-08-05 | — | |
| condos | 2 | 2 | 1,335 | $4,800 | 2026-07-22 | — | |
| condos | 2 | 2 | 1,546 | $10,000 | 2026-08-14 | — | |
| condos | 2 | 3 | 1,703 | $22,500 | 2026-07-27 | — | |
| condos | 2 | 2 | 1,058 | $4,100 | 2026-07-26 | — | |
| condos | 2 | 4 | 1,703 | $20,000 | 2026-08-14 | — | |
| condos | 2 | 2 | 1,532 | $7,000 | 2026-07-31 | — | |
| condos | 2 | 1 | 1,011 | $3,800 | 2026-01-24 | — | |
| condos | 2 | 2 | 1,547 | $7,900 | 2026-07-01 | — | |
| condos | 2 | 4 | 1,703 | $25,500 | 2026-08-14 | — | |
| condos | 2 | 2 | 1,260 | $6,300 | 2026-04-24 | — | |
| condos | 2 | 2 | 1,260 | $6,500 | 2026-07-22 | — | |
| condos | 2 | 2 | 1,532 | $6,000 | 2026-07-03 | — | |
| condos | 2 | 4 | 1,542 | $18,000 | 2026-06-18 | — | |
| condos | 2 | 2 | 1,782 | $9,500 | 2026-07-21 | — | |
| condos | 2 | 2 | 1,260 | $7,000 | 2026-02-26 | — | |
| condos | 2 | 2 | 1,546 | $9,500 | 2026-05-28 | — | |
| condos | 2 | 2 | 1,532 | $7,800 | 2026-07-30 | — | |
| condos | 2 | 2 | 1,547 | $12,000 | 2026-08-05 | — | |
| condos | 2 | 2 | 1,782 | $7,750 | 2026-01-03 | — | |
| condos | 2 | 2 | 1,531 | $8,500 | 2026-06-22 | — | |
| condos | 2 | 2 | 1,310 | $7,900 | 2026-05-06 | — | |
| condos | 2 | 3 | 1,042 | $6,000 | 2026-07-30 | — | |
| condos | 2 | 2 | 1,532 | $7,500 | 2026-08-06 | — | |
| condos | 2 | 2 | 1,009 | $7,000 | 2026-08-03 | — | |
| condos | 2 | 2 | 1,123 | $4,200 | 2026-05-05 | — | |
| condos | 2 | 2 | 1,260 | $6,350 | 2026-07-15 | — | |
| condos | 2 | 2 | 1,532 | $7,400 | 2026-07-29 | — | |
| condos | 2 | 2 | 1,260 | $7,500 | 2026-08-05 | — | |
| condos | 2 | 2 | 1,600 | $6,800 | 2026-06-10 | — | |
| condos | 2 | 2 | 1,464 | $6,900 | 2026-04-25 | — | |
| condos | 2 | 2 | 1,260 | $6,600 | 2026-07-31 | — | |
| condos | 2 | 3 | 1,541 | $12,000 | 2026-05-21 | — | |
| condos | 2 | 2 | 1,531 | $9,500 | 2026-05-29 | — | |
| condos | 2 | 2 | 1,600 | $7,500 | 2024-11-21 | — | |
| condos | 2 | 2 | 1,546 | $11,000 | 2026-01-28 | — | |
| condos | 2 | 2 | 1,260 | $7,500 | 2026-01-30 | — | |
| condos | 2 | 2 | 1,450 | $7,800 | 2026-05-12 | — | |
| condos | 2 | 2 | 1,684 | $9,200 | 2026-04-20 | — | |
| condos | 2 | 3 | 1,703 | $20,000 | 2024-04-22 | — | |
| condos | 2 | 2 | 1,260 | $6,900 | 2026-07-21 | — | |
| condos | 2 | 2 | 1,350 | $8,000 | 2025-11-13 | — | |
| condos | 2 | 2 | 1,790 | $12,990 | 2022-02-25 | — | |
| condos | 2 | 3 | 1,542 | $19,000 | 2025-09-02 | — | |
| condos | 2 | 2 | 1,109 | $3,400 | — | — | |
| condos | 2 | 2 | 1,584 | $7,500 | 2026-07-07 | — | |
| condos | 2 | 2 | 1,260 | $7,500 | — | — | |
| apartment | 2 | 2 | 1,108 | $4,000 | 2021-12-20 | — | |
| condos | 2 | 2 | 1,330 | $5,500 | 2026-08-31 | — | |
| condos | 2 | 2 | 1,409 | $7,200 | 2026-08-31 | — | |
| condos | 2 | 2 | 1,409 | $7,500 | 2026-09-01 | — |
Same ZIP & bedroom count. Closed sales from Realtor.com over the last 12 months, matched to this property's type — real transaction prices, not asking prices. Falls back to Miami-Dade County public records (property appraiser tax roll) when Realtor.com has no sales on file for the area.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 600 Grapetree Dr Apt 9GN | condos | 2 | 2 | 1,670 | $1,400,000 | 2026-08-21 |
| 1111 Crandon Blvd Apt B1108 | condos | 2 | 2 | 1,782 | $2,700,000 | 2026-08-14 |
| 1121 Crandon Blvd Apt D404 | condos | 2 | 2 | 1,409 | $1,066,687 | 2026-08-14 |
| 155 Ocean Lane Dr Apt 614 | condos | 2 | 2 | 1,350 | $1,380,000 | 2026-08-10 |
| 6222973225 | condos | 2 | 2 | 1,782 | $1,950,000 | 2026-08-07 |
| 201 Crandon Blvd Apt 424 | condos | 2 | 2 | 1,531 | $1,300,000 | 2026-08-06 |
| 101 Ocean Lane Dr Apt 1013 | condos | 2 | 2 | 1,450 | $875,000 | 2026-08-04 |
| 1121 Crandon Blvd Apt F1203 | condos | 2 | 2 | 1,597 | $1,500,000 | 2026-08-02 |
| 151 Crandon Blvd Apt 702 | condos | 2 | 2 | 1,506 | $1,250,000 | 2026-07-31 |
| 200 Ocean Lane Dr Apt 1102 | condos | 2 | 2 | 1,320 | $1,870,000 | 2026-07-17 |
| 181 Crandon Blvd Apt 106 | condos | 2 | 2 | 1,600 | $1,110,000 | 2026-07-17 |
| 575 Crandon Blvd Apt 707 | condos | 2 | 2 | 1,311 | $789,000 | 2026-07-13 |
| 181 Crandon Blvd Apt 405 | condos | 2 | 2 | 1,600 | $1,080,000 | 2026-07-13 |
| 199 Ocean Lane Dr Apt 512 | condos | 2 | 2 | 1,260 | $1,040,000 | 2026-07-13 |
| 151 Crandon Blvd Apt 602 | condos | 2 | 2 | 1,469 | $1,060,000 | 2026-07-07 |
| 881 Ocean Dr Apt 18F | condos | 2 | 2 | 1,875 | $2,450,000 | 2026-07-06 |
| 251 Crandon Blvd Apt 133 | condos | 2 | 2 | 1,537 | $1,120,000 | 2026-06-29 |
| 1121 Crandon Blvd Apt E803 | condos | 2 | 2 | 1,409 | $990,000 | 2026-06-29 |
| 151 Crandon Blvd Apt 1002 | condos | 2 | 2 | 1,506 | $1,705,000 | 2026-06-26 |
| 170 Ocean Lane Dr Apt 403 | condos | 2 | 2 | 1,435 | $1,020,000 | 2026-06-26 |
| 1121 Crandon Blvd Apt E501 | condos | 2 | 2 | 1,782 | $1,525,000 | 2026-06-25 |
| 151 Crandon Blvd Apt 600 | condos | 2 | 2 | 1,506 | $1,140,000 | 2026-06-23 |
| 177 Ocean Lane Dr Apt 106 | condos | 2 | 2 | 1,260 | $970,200 | 2026-06-19 |
| 789 Crandon Blvd Apt 1805 | condos | 2 | 3 | 2,100 | $3,200,000 | 2026-06-16 |
| 155 Ocean Lane Dr Apt 205 | condos | 2 | 2 | 1,260 | $1,025,000 | 2026-06-16 |
| 1121 Crandon Blvd Apt D1202 | condos | 2 | 2 | 1,782 | $1,842,500 | 2026-06-15 |
| 609 Ocean Dr Apt 5H | condos | 2 | 2 | 1,496 | $1,550,000 | 2026-05-07 |
| 550 Ocean Dr Apt 8B | condos | 2 | 2 | 1,325 | $825,000 | 2026-04-30 |
| 255 Galen Dr Apt 4A | condos | 2 | 2 | 1,036 | $720,000 | 2026-04-22 |
| 151 Crandon Blvd Apt 136 | condos | 2 | 2 | 1,532 | $1,400,000 | 2026-04-10 |
| 155 Ocean Lane Dr Apt 1113 | condos | 2 | 2 | 1,260 | $1,050,000 | 2026-04-10 |
| 251 Crandon Blvd Apt 625 | condos | 2 | 2 | 1,532 | $1,125,000 | 2026-04-07 |
| 575 Crandon Blvd Apt 306 | condos | 2 | 2 | 1,311 | $720,000 | 2026-03-31 |
| 251 Galen Dr Unit 204E | condos | 2 | 2 | 1,109 | $520,000 | 2026-03-30 |
| 151 Crandon Blvd Apt 928 | condos | 2 | 2 | 1,532 | $1,250,000 | 2026-03-30 |
| 251 Crandon Blvd Apt 237 | condos | 2 | 2 | 1,532 | $995,000 | 2026-03-19 |
| 733 Crandon Blvd Apt 405 | condos | 2 | 3 | 2,060 | $1,810,000 | 2026-03-16 |
| 251 Crandon Blvd Apt 441 | condos | 2 | 2 | 1,532 | $1,084,460 | 2026-03-03 |
| 265 Grapetree Dr Apt 110 | condos | 2 | 3 | 1,404 | $1,075,000 | 2026-02-27 |
| 881 Ocean Dr Apt 13C | condos | 2 | 2 | 1,875 | $1,910,000 | 2026-02-24 |
| 1121 Crandon Blvd Apt E504 | condos | 2 | 2 | 1,409 | $1,060,000 | 2026-02-23 |
| 177 Ocean Lane Dr Apt 212 | condos | 2 | 2 | 1,260 | $980,000 | 2026-02-11 |
| 199 Ocean Lane Dr Apt 313 | condos | 2 | 2 | 1,260 | $1,140,000 | 2026-02-06 |
| 445 Grand Bay Dr Apt 802 | condos | 2 | 3 | 2,950 | $2,730,000 | 2026-02-06 |
| 201 Galen Dr Apt 104 | condos | 2 | 2 | 1,109 | $535,000 | 2026-02-03 |
| 1121 Crandon Blvd Apt E304 | condos | 2 | 2 | 1,409 | $820,000 | 2026-01-30 |
| 1121 Crandon Blvd Apt D706 | condos | 2 | 2 | 1,409 | $1,300,000 | 2026-01-16 |
| 151 Crandon Blvd Apt 206 | condos | 2 | 2 | 1,547 | $990,000 | 2026-01-16 |
| 1121 Crandon Blvd Apt D604 | condos | 2 | 2 | 1,409 | $1,100,000 | 2026-01-14 |
| 360 Ocean Dr Unit 704S | condos | 2 | 4 | 1,703 | $4,600,000 | 2025-12-19 |
Same ZIP. Other properties currently for sale nearby — asking prices, not closed sale prices. Not a price comp; see Sold comps for actual transaction history.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 881 Ocean Dr Apt 16F | condos | 2 | 2 | 1,875 | $2,400,000 | — |
| 737 Crandon Blvd Ph 1 | condos | 2 | 3 | 2,060 | $2,250,000 | — |
| 177 Ocean Lane Dr Apt 208 | condos | 2 | 2 | 1,260 | $1,125,000 | — |
| 201 Crandon Blvd Apt 707 | condos | 2 | 2 | 1,880 | $2,100,000 | — |
| 101 Crandon Blvd Apt 265 | condos | 2 | 2 | 1,790 | $1,495,000 | — |
| 613 Ocean Dr Apt 5D | condos | 2 | 2 | 1,496 | $1,770,000 | — |
| 1111 Crandon Blvd Apt B506 | condos | 2 | 2 | 1,409 | $1,350,000 | — |
| 77 Crandon Blvd Apt 5C | condos | 2 | 2 | 1,105 | $770,000 | — |
10-year hold projection
IRR2.2%
Equity multiple1.36x
Total return (10yr)$169,786
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $792,997 | $28,101 | -$23,536 | $609,242 | $183,755 |
| 2 | $816,787 | $29,184 | -$22,556 | $602,105 | $214,681 |
| 3 | $841,291 | $30,306 | -$21,540 | $594,479 | $246,812 |
| 4 | $866,529 | $31,468 | -$20,487 | $586,329 | $280,201 |
| 5 | $892,525 | $32,671 | -$19,396 | $577,618 | $314,907 |
| 6 | $919,301 | $33,916 | -$18,265 | $568,310 | $350,991 |
| 7 | $946,880 | $35,206 | -$17,092 | $558,363 | $388,517 |
| 8 | $975,286 | $36,540 | -$15,878 | $547,732 | $427,554 |
| 9 | $1,004,545 | $37,922 | -$14,619 | $536,372 | $468,173 |
| 10 | $1,034,681 | $39,353 | -$13,314 | $524,231 | $510,450 |
Assumes 3.0% annual rent growth, 2.5% expense growth, 3.0% appreciation, and a 6.0% selling cost at exit — all placeholder assumptions, not market-derived.