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The Roebling Index · Miami
Published by The Roebling Team at Compass · Corey Cohen, NY Licensed Associate Real Estate Broker
Miami·Key Biscayne·Condominium

The Pyramids @ Key Biscayne

50 Ocean Lane Drive, Key Biscayne, FL 33149

Folio 2442320250001

At a glance
Year built
1991
Residences
30
Building area
45,240 sq ft
Median residence
1,360 sq ft
FEMA flood zone
Zone AE · BFE 9 ft
Latest arms-length sale
$965,000 · Mar 2026
Median sale (10 yr)
$950,000
Recorded transfers
171
Own an apartment at The Pyramids @ Key Biscayne?
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The Pyramids @ Key Biscayne is a 30-residence condominium building at 50 Ocean Lane Drive, on Key Biscayne. County records list 1991 as the year built. It has a median residence of 1,360 square feet.

The recorded market runs to 106 arms-length sales since 1991, an annual turnover rate of 5 percent of the building over the past decade, and a median of $221 per square foot. Across 76 same-unit resales, 67 percent sold above their prior recorded price, with a median gain of 19 percent over a median hold of 4.3 years. The 6 sales since 2023 carry a median of $720 per square foot, against a record that opens in 1991 and spans several market cycles.

Selling, buying or moving?

Own a residence at The Pyramids @ Key Biscayne? See what it would sell for.

Choose what fits: a property-specific pricing review informed by local transaction records and market research, a conversation about buying in this market, or help planning a move between markets. Local representation is coordinated where appropriate.

Prefer to speak directly? Schedule a consultation →
Corey Cohen, Licensed Associate Real Estate Broker · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com

At a glance

Common name: The Pyramids

Building type: Boutique condominium, six stories with penthouses on the top floor

Construction: Concrete block

Unit sizes: Mostly three- and four-bedroom plans

Amenities: Pool, clubhouse, barbecue area, elevators, grounds maintenance and beach access

Access: Secured elevator and phone entry

Policies: Pet, leasing and resale rules are set by the association; confirm at offer stage.

Source: The Roebling Research Desk.

Why The Pyramids @ Key Biscayne matters

The Pyramids is a 30-unit, six-story building on Key Biscayne, built in 1991. Beach access is among the amenities; ask what rights attach to each unit.

Key Biscayne

Key Biscayne is an island village reached by the Rickenbacker Causeway and Crandon Boulevard. It was incorporated as a village in 1991, the year this building was completed. Crandon Park, with its beach, and Bill Baggs Cape Florida State Park, with its lighthouse and trails, occupy the northern and southern ends of the island. The village center between them has the island's shops, restaurants and services.

Brickell and Downtown Miami are about 20 minutes away by car in normal traffic, and the causeway carries a toll.

Architecture and unit composition

The building is concrete block construction, six stories, with elevators and penthouses on the sixth floor. Plans are three and four bedrooms. Ask for the association's size schedule and a plan for any unit you consider.

The pool, clubhouse and barbecue area are the shared amenities.

Building operations

The building has a secured elevator and phone entry. Ask who manages the building and what the monthly charge covers.

For any purchase, request the current budget, financial statements, reserve funding and insurance summary. Florida's milestone inspection and structural integrity reserve study rules apply to condominium buildings of three or more stories; ask for the inspection report, the reserve study and any assessment history. Ask about special assessments, past and planned.

The parcel is in flood zone AE. Ask for the master policy, windstorm and flood coverage, and the deductibles.

Policy framework

Policies, fees and applications, including pet, rental and minimum-lease rules, guest rules and any resale approval, are set by the association and should be confirmed at offer stage. Confirm the rental rule before you buy for investment.

Sales context

One recorded sale, March 2026, at $965,000. It is one sale, not a building price. Median assessed value is about $869,000; that is a tax assessment, not a price.

Floor, view, size and condition all affect price. Compare a unit with trades in the same floor range and plan.

Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.

What to know if you're buying at The Pyramids

Confirm the rental rules. They bear on what the unit is worth to an investor.

Read the reserve documents. With 30 owners, one large project spreads across few shares.

Check insurance and flood exposure. Ask for the master policy and deductibles before the offer.

What to know if you're selling at The Pyramids

Price by floor and plan. Use trades in your floor range, not a building average.

Have the documents ready. Budget, reserve study and insurance summary shorten diligence.

Comparable buildings

  • Oceana Key Biscayne — an oceanfront condominium on Key Biscayne.
  • Key Colony — a Key Biscayne condominium community.
  • Ocean Club Key Biscayne — an oceanfront Key Biscayne condominium.

Compared with

The neighborhood

For the full neighborhood — its buildings and recorded pricing — read The Roebling Index guide to Key Biscayne.

Run the numbers

Related guides

Recorded sales history

Recorded transfers for this building in Miami-Dade County public records, back to Feb 1991. Prices reflect the recorded consideration; transfers the Property Appraiser does not qualify as arms-length are shown unmarked. Nominal-consideration paper transfers (deeds into trusts and LLCs, estate and family transfers, corrective deeds) are part of the record but not sales, and are omitted from this table. Recording lags closing, so the newest sales can take several weeks to appear.

DateResidenceSizePriceArms-length
Mar 20261081,360 sf$965,000✓
Aug 20242011,730 sf$1,050,000✓
Aug 20242071,730 sf$1,265,000✓
Aug 20233031,360 sf$1,000,000✓
Jun 20231061,360 sf$950,000✓
Feb 20231011,360 sf$1,030,000✓
Dec 2021PH6041,730 sf$995,000✓
Nov 2021PH6021,730 sf$1,100,000✓
May 20212041,360 sf$660,000✓
Oct 20191031,360 sf$679,000✓
May 20194031,360 sf$650,000
Mar 20191031,360 sf$520,000✓
Mar 20192051,360 sf$450,000
Dec 20173041,360 sf$700,000✓
Nov 20174031,360 sf$700,000✓
Jun 20171061,360 sf$710,000✓
Dec 2016PH6031,730 sf$745,500
Oct 20163021,360 sf$724,000✓
Sep 2016PH6031,730 sf$751,200
Jun 20154031,360 sf$772,500✓
Jun 20141021,360 sf$665,000✓
Jun 20131031,360 sf$510,000✓
Feb 20131071,360 sf$440,000✓
Oct 20121031,360 sf$482,000✓
Oct 20114041,360 sf$392,200✓
Jul 20111031,360 sf$365,000✓
Jun 20112081,730 sf$650,000✓
Apr 20111061,360 sf$360,000✓
Feb 20112061,360 sf$240,000✓
Nov 20102061,360 sf$352,500
Jun 20103021,360 sf$380,000✓
May 20081011,360 sf$528,000✓
Oct 20072011,730 sf$650,000✓
Mar 20064051,730 sf$800,000✓
Sep 20053031,360 sf$675,000✓
Mar 20051041,360 sf$430,000✓
Nov 20042081,730 sf$625,000✓
Jun 20042051,360 sf$365,000✓
May 2004PH6041,730 sf$552,500✓
Apr 20042071,730 sf$525,000✓
Mar 2004PH6011,730 sf$575,000✓
Mar 20041071,360 sf$375,000✓
Mar 20041061,360 sf$355,000✓
Oct 20021031,360 sf$325,000✓
Aug 20022051,360 sf$350,000✓
Feb 20024041,360 sf$288,000✓
Oct 2001PH6021,730 sf$515,000✓
Sep 20013031,360 sf$302,000✓
Dec 20001021,360 sf$252,000✓
Nov 20002081,730 sf$380,000✓
Jul 20001031,360 sf$217,000✓
Apr 20001041,360 sf$220,000✓
Nov 19992071,730 sf$299,000✓
Aug 19991051,360 sf$170,000✓
Jul 19993031,360 sf$223,300✓
Mar 19992051,360 sf$185,000✓
Feb 19992061,360 sf$210,000✓
Sep 19981021,360 sf$184,500✓
Aug 19981071,360 sf$185,000✓
Jul 1998PH6021,730 sf$302,500✓
Jul 19983031,360 sf$190,000✓
Jul 19983021,360 sf$224,300✓
Jun 19982021,730 sf$285,000✓
Apr 19983011,360 sf$160,000✓
Apr 19982041,360 sf$180,000✓
Feb 19982081,730 sf$275,000✓
Jan 19981061,360 sf$187,000✓
Jan 19981031,360 sf$180,000✓
Dec 19974031,360 sf$175,000✓
Dec 19973021,360 sf$170,000✓
Dec 19972031,360 sf$170,000✓
Jun 19971081,360 sf$145,000✓
Apr 1997PH6031,730 sf$260,000✓
Apr 19971041,360 sf$171,000✓
Feb 19971051,360 sf$170,000✓
Oct 19964061,730 sf$279,000✓
Jul 19963041,360 sf$168,300✓
Dec 1995PH6031,730 sf$365,000✓
Apr 19951071,360 sf$310,000✓
Dec 19942061,360 sf$217,500✓
Nov 19942051,360 sf$310,000✓
Nov 19941021,360 sf$310,000✓
Nov 19941011,360 sf$310,000✓
Aug 19942051,360 sf$900,000✓
Aug 19942031,360 sf$300,000✓
Aug 19941071,360 sf$300,000✓
Aug 19941021,360 sf$900,000✓
Aug 19941011,360 sf$900,000✓
Jul 1994PH6041,730 sf$450,000✓
Jun 1994PH6011,730 sf$425,000✓
Jun 19943041,360 sf$300,000✓
Jun 19941081,360 sf$300,000✓
Jun 19941031,360 sf$300,000✓
Mar 19943031,360 sf$300,000✓
Mar 19943011,360 sf$300,000✓
Feb 19942041,360 sf$300,000✓
Feb 19941061,360 sf$300,000✓
Feb 19941051,360 sf$300,000✓
Feb 19941041,360 sf$300,000✓
Jan 19942071,730 sf$330,000✓
Oct 19934031,360 sf$259,000✓
Oct 19933021,360 sf$250,000✓
Oct 19932061,360 sf$250,000✓
Jun 19934041,360 sf$309,000✓
Apr 19934061,730 sf$315,000✓
Jan 19932081,730 sf$359,000✓
Aug 19922071,730 sf$289,000✓
Jul 19922021,730 sf$310,000✓
Feb 1992PH6021,730 sf$365,000✓
Feb 19922011,730 sf$320,000✓
Apr 1991PH6031,730 sf$350,000✓
Mar 19914051,730 sf$294,000✓
Feb 19914061,730 sf$294,000✓
Feb 19914021,730 sf$294,000✓
Feb 19914011,730 sf$294,000✓

✓ = qualified arms-length per the Miami-Dade Property Appraiser. 56 nominal-consideration paper transfers omitted.

This page reflects publicly available information compiled by The Roebling Research Desk. Specific building details should be confirmed with the association during due diligence; the recorded Declaration of Condominium, the current building budget, the current tax bill, the structural integrity reserve study and milestone-inspection status should be reviewed for any specific transaction. © 2026 The Roebling Team at Compass.

Considering a move at The Pyramids @ Key Biscayne?

Request a private building brief with the relevant recorded sales, current and off-market availability, and an apartment-specific view of value.

Prefer to speak directly? Schedule a consultation →
Corey Cohen, Licensed Associate Real Estate Broker · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com

Building facts and sales records are compiled from Miami-Dade County public records (Property Appraiser) and reviewed against recognized architectural references. Figures are reported as recorded and may be updated as the county updates its records. This page is informational and is not an offer or solicitation. Apartment estimates are automated, from public records, and are not appraisals.

A note on representation

The Roebling Team at Compass is led by Corey Cohen, a New York licensed associate real estate broker. For a purchase or sale in Miami, we introduce you to a licensed Compass agent there by referral and handle the New York side of your move ourselves. This page and its calculators are research, not an offer of representation.

To plan a move between Manhattan and Miami, schedule a consultation; where appropriate we’ll introduce you to a vetted Compass agent in the local market.