Map

For SaleSingle Family ResidenceActive

501 Bay Lane

Key Biscayne, FL 33149

$5,990,000

81 Days On Site

  • 5Beds
  • 5Baths4 full, 1 half
  • 4,759Sq Ft
  • $1,259Per Sq Ft
  • 0.2296Acres
  • 1995Built
Subdivision
Tropical Isle Homes Sub 3
County
Miami-Dade
MLS®
A12074814

Overview

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

Listing Snapshot

Price
$5,990,000
Days On Site
81 Days
Bedrooms
5
Inside Area (SqFt)
4,759 sqft
Total Baths
5
Full Baths
4
Partial Baths
1
Lot Size
0.2296 Acres
Year Built
1995
MLS® Number
A12074814
Status
Active
Property Tax
$24,587 (2025)
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A

Property Details

General Features

13 items
Direction Faces
North
Disclosures
Flood Plain Disclosure
Garage
Yes
Garage Spaces
2
Levels
Two
Parking
Circular Driveway, Covered, Driveway, Garage Door Opener
Pets
Cats OK, Dogs OK, Yes
Property Sub Type
Single Family Residence
Sewer
Public Sewer
SqFt Total
6,298
Style
TwoStory
Water Source
Public
Zoning
2000

Interior Features

7 items
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer, Oven
Cooling
Electric
Flooring
Ceramic Tile, Tile
Furnished
Unfurnished
Heating
Electric
Interior
Bidet, Built-in Features, Walk-In Closet(s), Master Downstairs
Window Features
Blinds, Drapes

Exterior Features

9 items
Construction Details
Block
Patio And Porch
Patio, Porch
Pool Features
In Ground, Community, Private
Private Pool
Yes
Road Frontage
City Street
Roof
Spanish Tile
View
Garden
Waterview
Garden
Windows/Doors
Blinds, Drapes

Community Features

3 items
Community Features
Pool, Fitness Center
MLS Area
52
Financing Terms Available
Cash, Conventional

Location

501 Bay Lane, Key Biscayne, FL 33149 · 52

Neighborhood & Commute

ZIP Code 33149

Median household income
$152,895
Income per person
$72,459
Households
5,812
Average household size
2.75
Median age
41.6

Source: Walk Score.

Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.

Schools

Elementary School
Keybiscayne
Middle School
Ponce De Leon
High School
Coral Gables

Price & Status History

  1. Listing updated with changes from the MLS®
  2. Listing first seen on site
  3. Status changed to Active
  4. Price changed to $5,990,000

Friends & Family

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Listing courtesy of One Sotheby's International Realty (305) 710-9664

Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.

Last checked: 2026-11-14 01:35 AM EST

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