Skip to content
Slice RealtyPropiedad Futura

$5,990,000

5 bd · 5 ba · 4,759 sq ft · Single Family Residence

501 Bay Lane, Key Biscayne FL 33149

For Sale · Active listing

Est. payment $30,289/mo · Mortgage calculator

Listed by One Sotheby's International Realty / Brigitte Nachtigall

Contact: 305-710-9664 (listing contact).

Shown through Slice Realty. Requests from this page reach Slice Realty / Propiedad Futura, not the listing agent.

About this home

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

Facts
MLS #
A12074814
Subdivision
TROPICAL ISLE HOMES SUB 3
Property type
Residential
Property subtype
Single Family Residence
Sq. ft.
4,759
Price per sq. ft.
$1,259 / sq ft
Year built
1995
Days on market
16
County
Miami-Dade County
Date listed
Aug 24, 2026
Last updated
Sep 9, 2026
Financial considerations
Taxes
$24,587 (2025)
Exterior features
Waterfront
No
View
Garden
Construction
CBS Construction
Roof
Curved/S-Tile Roof
Interior features
Furnished
Unfurnished
Heating
Electric
Cooling
Electric
Appliances
Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Wall Oven, Washer
Window features
Complete Accordian Shutters, Blinds, Drapes
Additional features
First Floor Entry, Built-in Features, Walk-In Closet(s), Den/Library/Office, Family Room
Additional features
Community
Pool, Exercise Room, Public Road

Mortgage calculator

Includes principal and interest, taxes and insurance.

Rate shown is a default estimate. Confirm with your lender.

Loan amount$4,792,000
Total cost of mortgage$10,903,932
Monthly payment$30,289

Local context (our analysis)

Area stats are available for our covered neighborhoods. See neighborhoods.

Source: Southeast Florida MLS (SEFMLS). Last updated Sep 9, 2026, 11:58 AM ET

Listing data is deemed reliable but is not guaranteed accurate by the MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.