Daniel De La Torre Roffe
Residential Financing Specialist
Residential Financing
By phone(786) 981-7200
By emailloan@danieldelatorre.com
MLS #R10987657··For Sale
55 Ocean Lane Drive, 4022, Key Biscayne, FL 33149Grand Bay, FL
4 Bedrooms4 Bathrooms3,800 sq ft
Asking
$5,400,000
— About this home
Key Biscayne oceanfront, direct beach access. Recently renovated, new chef's kitchen, two parking spaces, building has full beach service and concierge.
— Overview
- Status
- For Sale
- Type
- Condominium
- Bedrooms
- 4
- Bathrooms
- 4
- Living area
- 3,800 sq ft
- Year built
- 2009
- MLS
- #R10987657
- Listed
- Mar 22, 2026
- HOA
- $3,100/yr
— Features & Amenities
Highlights
- Beach access
- Pool
Area & Lot
- Architecture: Contemporary
- View: Ocean
— Location
Grand Bay55 Ocean Lane Drive, 4022, Key Biscayne, FL 33149
— Mortgage Estimator
Estimate your monthly cost.
For a personalized quote or pre-approval, we'll connect you with one of our trusted lending partners.
Home priceUSD
Enter as digits, with commas, or shorthand: 1.9M · 1900K · 1,895,000
ZIP codeMiami-Dade
Miami-Dade County (exact match).
Payment typeFinanced
Conventional or jumbo loan, depending on size.
Down payment20% · $1,080,000
%
$4,320,000 financed· Jumbo loan
Loan termyears
Base rate% (760+ band)
Loading current market rate...
Your rate at 740-759:6.995%(base + 0.12%)
Loan exceeds the conforming limit. Jumbo rates from portfolio lenders typically run 0.25–0.75% below the 30-yr fixed shown here.
Primary residenceNo
No homestead exemption — full property tax applies.
Credit score banddrives rate
Lenders price LLPA adjustments by credit band. See impact panel for monthly + lifetime deltas.
Your finances — optional, for DTI
Gross annual income
$
Other monthly debts
$
Household combined pre-tax income and the sum of your monthly debt-service payments (auto loans, student loans, credit-card minimums). We don't count groceries, utilities, or insurance — those don't factor into lender DTI.
— Estimated monthly
$45,435
Per month, all-in
Monthly breakdown
- Principal & interest$28,72763%
- Property taxes$5,65212%
- Insurance$7,95618%
- HOA$3,1007%
Tax: Miami-Dade County effective rate (1.26%). Source: FL Department of Revenue.
Insurance: Barrier island or Florida Keys — Citizens-territory rates apply. Estimate; private-market quotes commonly run 50–100% above this baseline.
Cash & qualification
- Cash at closing
- $1,290,282
- Income to qualify
- $1,948,000/yr
Credit-score impact
Improving from 740-759 to 760+ would save $348/mo and $125,006 over the life of this loan.
Over the life of the loan
- Total paid
- $10,341,563
- Total interest
- $6,021,563
- Paid off
- 2056
— Preferred lender
Talk numbers with someone who knows the market.
Vera Vita is not a lender and does not earn a referral fee on lender introductions. Rates, terms, and approval remain between you and your lender of choice.
