Live Listing

501 Bay Lane

Key Biscayne, FL 33149 TROPICAL ISLE HOMES SUB 3

List Price $5,990,000
PROPERTY DESCRIPTION

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

PROPERTY DETAILS

Property Details

Listing Information

MLS ID
A12074814
Listing Status
Active
Property Type
Single Family Residence
Bedrooms
5
Bathrooms
4.5
Living Area
4,759 sq ft
Lot Size
10,000 sq ft
Year Built
1995
Community
TROPICAL ISLE HOMES SUB 3
County
Miami-Dade

Property Features

Interior Features
Built-in Features, Walk-In Closet(s)
Appliances
Electric Water Heater, Dryer, Dishwasher, Electric Range, Microwave, Oven, Refrigerator, Washer
Cooling
Electric
Heating
Electric
Parking
Circular Driveway, Covered, Driveway, Garage Door Opener
Waterfront
False
View
Garden
Property Tax
$24,587 (2025)
Evelyn Yang South Florida Real Estate
Evelyn Yang 561.972.3158
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