Home in 501 Bay Lane, Key Biscayne, FL 33149 for sale with MLS# A12074814
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
501 Bay Lane, Key Biscayne, FL 33149
- Price:
- $5,990,000.00
- Original List Price:
- $5,990,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $1,258.66
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential
- Property Type:
- Single Family House
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- August 24, 2026 4:00 am
- Other Special Conditions:
- Sold As-is, Flood Zone
- Bedrooms:
- 5
- Bathrooms Total:
- 5
- Full Bath:
- 4
- Half Bath:
- 1
- Room Type:
- Family Room, Den
- Master Bedroom Bath:
- Bidet, Master Bdrm - Upstairs, Separate Shower, Dual Sinks, Master Bdrm - Ground, Separate Tub, Combo Tub/shower
- Dining Area:
- Formal Dining
- Living Area:
- 4,759 Sqft
- Built-Up Area:
- 6,298 Sqft
- Lot Size Acres:
- 0.23
- View from the Property:
- Garden
- Waterfront:
- No
- Private Pool
- Swimming Pool Features:
- In Ground
- Furnished:
- Unfurnished
- Appliances:
- Dryer, Dishwasher, Microwave, Refrigerator, Washer, Electric Range, Electric Water Heater, Oven
- Interior:
- Walk-In Closet(s), Built-in Features
- Patio and Porch:
- Patio, Porch, Porch - Open
- Windows:
- Blinds, Drapes, Rods
- Air Conditioning
- Air Conditioning System:
- Electric
- Heating
- Heating System:
- Electric
- Property Entrance Faces:
- North
- Storm Protection Accordian Shutters:
- Complete
- Year Built:
- 1995
- Roof:
- Spanish Tile
- Levels:
- Two
- Entry Level (floor):
- 1
- Construction Materials:
- CBS
- Flooring:
- Tile, Ceramic Tile
- Number of stories:
- 2
- Road Frontage Type:
- Public Road
- Flood Zone Code:
- AE
- Property Condition:
- Resale
- Tax Annual Amount:
- $24,587.00
- Tax Year:
- 2025
- Garage
- Garage Spaces:
- 2
- Covered Spaces:
- 2
- Parking Features:
- Driveway, Garage Door Opener, Covered, Circular Driveway
- Sewer:
- Public Sewer
- Water Source:
- Public
- Pets Allowed?
- Amenities Provided by the Homeowner's Association (HOA):
- Pool, Fitness Center
- Subdivision Name:
- TROPICAL ISLE HOMES SUB 3
- Senior Community:
- Yes
- Leasing Permitted
- Leasing Permitted Details:
- Okay To Lease
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Negotiable
- Tax Legal Description:
- 32 54 42 5-6 55 42 PB 50-83 TROPICAL ISLE HOMES SUB 3RD ADDN LOT 2 BLK 16 LOT SIZE 10000.00 SQ FT OR 16566-3945 1094 1
- Real Estate Folio Number (Parcel Number):
- 2442320050730
- Zoning:
- 2000
- Elementary School:
- Lamarque Elementary
- High School:
- Coral Gables
- Middle Or Junior School:
- Ponce De Leon
- Active on the market since:
- August 24, 2026
- Listing Agreement executed on:
- August 24, 2026
- Listing Status Last Changed On:
- August 24, 2026 4:00 am
- Photos updated on:
- August 24, 2026 5:46 pm
- Last Modified:
- August 24, 2026 6:49 pm
- Courtesy of:
- One Sotheby's International Realty
- Attribution:
- Not provided
- Street Name:
- Bay
- Street Number:
- 501
- City:
- Key Biscayne
- State:
- Florida
- Zip Code:
- 33149
- County:
- Miami-Dade
- Latitude:
- N25° 41' 32.1''
- Longitude:
- W81° 49' 37.6''
- Street Suffix:
- Lane

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Neighborhood Stats
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