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501 Bay Lane, Key Biscayne FL 33149

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501 Bay Lane501 Bay Lane501 Bay Lane501 Bay Lane
Active · For Sale
$5,990,000
501 Bay Lane, Key Biscayne FL 33149
Data via Miami Association of REALTORS® (MiamiRE)
5
Beds
4.5
Baths
4 full + 1 half
4,759
Sq Ft
$1,259
Per Sq Ft
10,000
Lot Sq Ft

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

MLS #:A12074814
Status:Active
Property Type:Residential · Single Family Residence
Year Built:1995
Living Area:4,759 sq ft
Lot Size:10,000 sq ft
Bathrooms:4.5 (4 full + 1 half; half baths count as ½)
HOA:None
Annual Taxes:$24,587 (2025)
Days on Market (per MLS):16
Waterfront:No
View:Garden
Parking:2-car garage
Furnished:Unfurnished
Cooling:Electric
Construction:CBS Construction
Zoning:2000
Subdivision (per MLS):TROPICAL ISLE HOMES SUB 3
City:Key Biscayne
ZIP:33149
County:Miami-Dade
MLS record last modified:September 9, 2026
Map showing the location of 501 Bay Lane, Key Biscayne FL 33149
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