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Island Breakers Condo

150 Ocean Ln Dr, Key Biscayne, FL, 33149
$835K – $849K+
VALUE RANGE
2
FOR SALE

Island Breakers is a 10-story, 72-residence condominium at 150 Ocean Lane Drive in the Village of Key Biscayne, completed in 1970. The boutique building offers a swimming pool, fitness center, sauna, party room, and bike and additional storage, along with secure intercom/fob entry and on-site management. Residences include two- and three-bedroom layouts with private balconies overlooking Biscayne Bay, the Miami skyline, or the surrounding tropical canopy. Island Breakers sits roughly a five-minute walk from the beach and is close to Crandon Park, placing it within easy reach of the shops, restaurants, and village center that define Key Biscayne's low-key, upscale island lifestyle.

Available Residences at Island Breakers Condo

2 Bedroom Condos · 2 units

UnitAsking PriceBed(s)/Bath(s)Living SizePrice/Sq.Ft.Days on Market
2A$849,0002 / 21,370$62058
7C$835,0002 / 21,335$6250
Neighborhood
Key Biscayne

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ANALYTICS

All analytics are based on closed sales from the last 36 months.

CURRENT INVENTORY

2
Active Listings
▲ 0% vs last month
Avg List Price
$842K
Avg Days on Market
58

INVENTORY BY BEDROOM

  • 2 Bed (2) 100%
Building vs. Market
47% discount to Key Biscayne
Trades at a 47% discount to the Key Biscayne average ($581 vs $1,086/sqft) — potential relative value for buyers.

INVENTORY TREND (ALL UNITS)

210Sep '25Jan '26May '26
2
New Listings
last 3 months
$581
Avg Sale $/SqFt
last 36 months
24
Months of Supply
1
Sold
last 12 months

Market & Community Report

As of August 12, 2026, Island Breakers Condo carries 2 active listings at an average asking price of $842K, with an average time on market of 58 days. Closed sales over the preceding 36 months averaged $581 per sq ft, and 1 transaction closed in the past 12 months — implying 24 months of supply against the current pace of absorption.

Zip code 33149 (Key Biscayne) is home to 14,628 residents with a median age of 43.2. Per-capita income stands at $106,219; 77.1% hold a bachelor's degree or higher. 69.4% of units are owner-occupied; 34.6% of residents work from home.

Data current as of August 12, 2026. Market metrics derived from MLS closed sales; community data from U.S. Census ACS.

Frequently Asked Questions — Island Breakers Condo

How many condos are for sale at Island Breakers Condo?

As of August 12, 2026, 2 residences are actively listed for sale at Island Breakers Condo. Current asking prices range from $835K to $849K. Inventory updates daily from the MLS.

How much do condos at Island Breakers Condo cost?

Condos at Island Breakers Condo are currently asking from $835K to $849K. Over the past 36 months, closed sales have averaged $581 per square foot. Final pricing varies by floor, line, square footage, finishes, and view.

What is the average price per square foot at Island Breakers Condo?

Based on MLS closed sales over the preceding 36 months, the average sale price at Island Breakers Condo is $581 per square foot. Use this as a benchmark when comparing active listings in the building.

Where is Island Breakers Condo located?

Island Breakers Condo is located at 150 Ocean Ln Dr, Key Biscayne, FL, 33149, in the Key Biscayne area.

What neighborhood is Island Breakers Condo in?

Island Breakers Condo is in Key Biscayne, Key Biscayne. You can compare every condo building, home inventory, and price trend across Key Biscayne on its neighborhood guide.

What amenities does Island Breakers Condo offer?

Island Breakers Condo amenities include Swimming pool, Fitness center/gym, Sauna, Party room, Bike storage, Additional storage units, 24-hour/controlled security access, Intercom and fob entry.

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