$5,990,000
 $32,156 est/mo Sourced by Back At You

501 Bay Lane,Key Biscayne, FL 33149

Key Biscayne, FL 33149

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Description

Prime location on one of Key Biscayne’s most exclusive residential streets, surrounded by some of the island’s most prestigious waterfront estates. An exceptional opportunity to own a substantial residence in the heart of Miami’s island paradise. Situated on a generous 10,000 SF lot, this light-filled home offers 4,759 SF of living space, five bedrooms, four full bathrooms and one half bathroom, providing wonderful space, privacy, and flexibility for today’s lifestyle. High ceilings and abundant natural light enhance the home’s generous proportions, while well-defined living, dining, and family areas create a comfortable and functional floor plan for both everyday living and entertaining. The interior spaces open to an expansive covered terrace, creating a natural connection to the outdoors and allowing for year-round enjoyment of South Florida living. Surrounded by lush, mature landscaping, the private backyard features a beautiful swimming pool and generous areas for outdoor dining, entertaining, and spending time with family and friends. Built in 1995 and complete with a garage, the residence can be enjoyed as it is today while offering endless possibilities to personalize and enhance over time. A rare opportunity to make this home your own while enjoying an exceptional address, privacy, and the extraordinary lifestyle that make Key Biscayne one of South Florida’s most desirable places to call home

Details

MLS #A12074814
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1995
Days On Site11
Listing Provided ByOne Sotheby's International Realty | Brigitte Nachtigall

Features

Bed(s)5
Bath(s) 5 Total
SQ Feet4,759
Garage2
PoolYes
Story(s)2
Zoning2000
Acreage10000.00
Property ViewGarden

Exterior

Lot FeaturesLess Than Quarter Acre

Parking

Garage Yes / NoYes
Parking FeaturesCircular Driveway, Covered, Driveway, Garage Door Opener

Taxes

Tax Annual Amount24587

Location

Community FeaturesFitness, Pool

Area Information

StateFL
CountyMiami Dade
CityKey Biscayne
Zip Code33149
Area42
Community NameTROPICAL ISLE HOMES SUB 3
Listing VS Median (in TROPICAL ISLE HOMES SUB 3)
Price:
$5,990,000
low | high
Med:
$3,005,750
99.820534223706% of Average
sqft:
4,759
low | high
Med:
4,196
61.830216432024% of Average
$ / sqft:
$1,259
low | high
Med:
$632
99.764911194775% of Average
On site:
11
low | high
Med:
58.5
18.803418803419% of Average
Sourced by Back At You

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Learn More About This Property

StateFL
CountyMiami Dade
CityKey Biscayne
Zip Code33149
Area42
Community NameTROPICAL ISLE HOMES SUB 3
Listing VS Median (in TROPICAL ISLE HOMES SUB 3)
Price:
$5,990,000
low | high
Med:
$3,005,750
99.820534223706% of Average
sqft:
4,759
low | high
Med:
4,196
61.830216432024% of Average
$ / sqft:
$1,259
low | high
Med:
$632
99.764911194775% of Average
On site:
11
low | high
Med:
58.5
18.803418803419% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $4.492M - $7.487M
sqft: 3,500 - 5,500
Listing Updated: August 24, 2026 at 1:12:00 PM PDT