
MIAMI REALTORS® MLS501 Bay Lane, Key Biscayne, FL 33149
- Beds
- 5
- Baths
- 5
- Sqft
- 4,759
- Home type
- Single Family Residence
- Year built
- 1995
- Lot size
- 10,019 sqft
- Price / sqft
- $1,259
- HOA
- $0/mo
- Community
- TROPICAL ISLE HOMES SUB 3
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
Listing activity
- Days on market
- 61
- Listed
- Aug 24, 2026
- MLS listing updated
- Sep 9, 2026
- Feed last checked
- 3 minutes ago
Listed by Brigitte Nachtigall · One Sotheby's International Realty
Map
Map location is based on MLS-supplied coordinates. Verify the location before relying on it.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms
- 5
- Bathrooms
- 5
- Bathrooms (decimal)
- 4.5
- Full bathrooms
- 4
- Half bathrooms
- 1
Rooms & features
- Rooms
- 2
- Interior features
- Built-in Features, Walk-In Closet(s)
- Flooring
- Ceramic Tile, Tile
- Appliances
- Electric Water Heater, Dishwasher, Dryer, Electric Range, Microwave, Oven, Refrigerator, Washer
- Furnished
- Unfurnished
- Window features
- Blinds, Drapes, Rods
Heating & cooling
- Heating
- Electric
- Cooling
- Electric
Property
Parking
- Garage spaces
- 2
- Garage
- Yes
- Covered spaces
- 2
- Parking features
- Circular Driveway, Covered, Driveway, Garage Door Opener
- Attached garage
- No
Exterior
- Stories
- 2
- Building area
- 6,298 sqft
- Entry level
- 1
- Patio & porch
- Porch - Open, Porch, Patio
- Pool
- Yes
- Pool features
- In Ground
- View
- Garden
- Waterfront property
- No
Lot
- Lot size
- 10,019 sqft
- Lot size (acres)
- 0.23 acres
- Zoning
- 2000
- Road frontage
- Public Road
Construction
Type & style
- Home type
- Single Family Residence
- Year built
- 1995
- New construction
- No
Materials
- Construction
- CBS
- Roof
- Spanish Tile
- Property condition
- Resale
- Levels
- Two
- Faces
- North
Utilities & green energy
Utilities
- Sewer
- Public Sewer
- Water
- Public
Community & HOA
Community
- Subdivision
- TROPICAL ISLE HOMES SUB 3
- MLS area
- 2520
- Pets allowed
- Yes
- 55+ community
- Yes
Association
- Has association
- No
- Estimated monthly dues
- $0
- Amenities
- Pool, Fitness Center
Lease details
Not reported by the listing source.
Location
Area details
- City
- Key Biscayne
- County
- Miami-Dade
- ZIP code
- 33149
Manufactured home details
Not reported by the listing source.
Financial & listing details
Listing
- MLS number
- A12074814
- Possession
- Negotiable
- Original list price
- $5,990,000
- Parcel number
- 2442320050730
- Annual property tax
- $24,587
- Tax year
- 2025
- 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
Additional MLS details
Reported by the listing source
- Association Amenities
- Pool, Fitness Center
- Association
- No
- Bathrooms Total Decimal
- 4.5
- Bathrooms Total Integer
- 5
- Building Area Total
- 6298
- Construction Materials
- CBS
- County Or Parish
- Miami-Dade
- Days On Market
- 61
- Direction Faces
- North
- Elementary School
- Key Biscayne K-8
- High School
- Coral Gables
- List Price
- 5990000
- Listing Contract Date
- 2026-08-24
- Living Area
- 4759
- Lot Size Acres
- 0.23
- Lot Size Area
- 10000
- MLSArea Major
- 2520
- Middle Or Junior School
- Ponce De Leon
- Mls Status
- Active
- On Market Date
- 2026-08-24
- Patio And Porch Features
- Porch - Open, Porch, Patio
- Photos Count
- 41
- Postal Code
- 33149
- Property Sub Type
- Single Family Residence
- Property Type
- Residential
- Road Frontage Type
- Public Road
- Rooms Total
- 2
- Senior Community
- Yes
- Standard Status
- Active
- State Or Province
- FL
- Status Change Timestamp
- 2026-08-24T04:00:00Z
- Stories Total
- 2
- Subdivision Name
- TROPICAL ISLE HOMES SUB 3
- Water Source
- Public
- Tax Annual Amount
- 24587
- Bathrooms Full
- 4
- Pool Private
- Yes
- Bedrooms Total
- 5
- Waterfront
- No
- Bathrooms Half
- 1
- General Property Information: Senior Community
- Yes
Market value
Price history
| Date | Event | Price |
|---|---|---|
| Aug 24, 2026 | ListedMIAMI REALTORS® MLS | $5,990,000$1,259/sqft |
Public tax history
| Year | Property taxes | Assessment |
|---|---|---|
| 2025 | $24,587 | — |
Payment calculator
- Principal & interest
- $31,081
- Property taxes
- $2,049
- Insurance
- $2,995
- Association dues
- $0
Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.
Neighborhood
Area
TROPICAL ISLE HOMES SUB 3Key Biscayne · Miami-Dade County · 33149
Climate risk
—No licensed climate-risk source is connected.
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