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Current MLS Property Details

501 Bay Lane, Key Biscayne, FL 33149

Key Biscayne, FL, 33149
501 Bay Lane, Key Biscayne, FL 33149

About This Property

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

Property Details

Property Type Single Family Residence
Subdivision TROPICAL ISLE HOMES SUB 3
Development TROPICAL ISLE HOMES SUB 3
County Miami-Dade
Waterfront No
Private Pool Yes
Original List Price $5,990,000
MLS ID A12074814
Updated Aug 24, 2026
Quick Payment Estimate

What might this home cost each month?

Starting rate: 6.66% 30 year fixed national average · updated Aug. 27, 2026
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%
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$ /mo
Estimated principal & interest $0/mo
P&I + HOA / condo $0/mo
Taxes, insurance, flood coverage and PMI are not included here. Rate is editable and is not a lender quote.
Listing Office: One Sotheby's International Realty • 305-365-2811
Listing Agent: Brigitte Nachtigall • 305-710-9664
MLS ID: A12074814
Property information is displayed from the site's BeachesMLS IDX data feed. Information is subject to change and should be independently verified.
Property Location

Where is this property?

501 Bay Lane, Key Biscayne, FL 33149 · Key Biscayne, FL, 33149
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