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$ 5,990,000

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501 Bay Lane Key Biscayne, FL 33149

5 Beds

5 Baths

4,759 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 4,759 sqft

Price per Sqft $1,258

Subdivision Tropical Isle Homes Sub 3

MLS Listing ID A12074814

Style Two Story

Bedrooms 5

Full Baths 4

Half Baths 1

HOA Y/N No

Year Built 1995

Annual Tax Amount $24,587

Tax Year 2025

Lot Size 10,000 Sqft

Property Sub-Type Single Family Residence

Property 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

Location

State FL

County Miami-dade

Community Tropical Isle Homes Sub 3

Area 42

Zoning 2000

Interior

Interior Features Bidet, Built-in Features, Bedroom on Main Level, Bathtub, Dining Area, Separate/Formal Dining Room, Dual Sinks, First Floor Entry, Separate Shower, Tub Shower, Upper Level Primary, Walk-In Closet(s)

Heating Electric

Cooling Electric

Flooring Ceramic Tile, Tile

Furnishings Unfurnished

Window Features Blinds,Drapes

Appliance Built-In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer

Exterior

Exterior Feature Porch, Patio, Storm/Security Shutters

Garage Spaces 2.0

Pool In Ground, Pool, Community

Community Features Fitness, Pool

View Garden

Roof Type Spanish Tile

Porch Open, Patio, Porch

Garage Yes

Building

Lot Description < 1/4 Acre

Faces North

Story 2

Sewer Public Sewer

Water Public

Architectural Style Two Story

Level or Stories Two

Structure Type Block

Schools

Elementary Schools Keybiscayne

Middle Schools Ponce De Leon

High Schools Coral Gables

Others

Pets Allowed Cats OK, Dogs OK, Yes

Senior Community No

Restrictions OK To Lease

Tax ID 24-42-32-005-0730

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Listed As-Is

Pets Allowed Cats OK, Dogs OK, Yes

Miami Association of Realtors (SEFMIAMI MLS)

Listed by One Sotheby's International Realty

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501 Bay Lane Key Biscayne, FL 33149

Key Details

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Interior

Exterior

Building

Schools

Others

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501 Bay Lane