$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.
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.