501 Bay Lane
Key Biscayne, FL 33149
5
Bed
5
Bath
4,759Sqft
10,000Sqft(Lot)
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 outdoor
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 5Bathroom Information
Total Baths: 5 Full Baths: 4 Half Baths: 1Room Information
Rooms Total: 2Roofing Information
SpanishTileFlooring Information
CeramicTile, Tile -
Interior Features
Bidet, BuiltInFeatures, Bathtub, DiningArea, SeparateFormalDiningRoom, DualSinks, MainLevelPrimary, SoakingTub, SeparateShower, TubShower, UpperLevelPrimary, WalkInClosetsRoof: SpanishTileAppliances: Dryer, Dishwasher, ElectricRange, ElectricWaterHeater, Microwave, Oven, Refrigerator, WasherWindow Features: Blinds, Drapes, Rods -
Heating & Cooling
Has Heating: Yes Heating: Electric Has Cooling: Yes Cooling: Electric
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Building Information
Year Built: 1995Building Area Total: 6298Construction Materials: BlockStories: 2Patio And Porch Features: Patio, PorchPool Features: InGround, AssociationPrivate Pool: YesView: Garden -
Exterior Features
Exterior Features: OutdoorLivingArea
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Lot Information
Main Square Feet: 10000 Lot Size Acres: 0.23Property Information
Subdivision: TROPICAL ISLE HOMES SUB 3 Source Property Type: Residential Postal Code Plus 4: 1750 Property SubType: Single Family Residence Direction Faces: North Levels: Two Property Age: 31
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Listing Price Information
Listing Price: $5990000Cash, Conventional
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Tax Information
Parcel Number: 2442320050730 Tax Year: 2025 Annual Tax: $24587 Tax Legal Desc: 32 54 42 5-6 55 42 PB 50-83 TROPICAL ISLE HOMES SUB 3RD ADDN LOT 2 BLK 16 LOT SIZE 10000.00 SQ FT OR 16566-3945 1094 1
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Virtual Tour
Parking Information
CircularDriveway, Covered, Driveway, Garage, GarageDoorOpenerGarage Information
Has Garage: Yes Garage Space: 2 Pets Allowed: YesHomeowners Association Information
Association Amenities: FitnessCenter, Pool
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School Information
Elementary School: Key Biscayne K-8 Junior High School: Ponce De Leon Senior High School: Coral Gables -
Location Information
WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 640 S Mashta Dr, Key Biscayne, FL, 33149 | $16,800,000 | 4 | 4 | 3,620 | 3,620 SqFt |
| 241 Cape Florida Dr, Key Biscayne, FL, 33149 | $27,900,000 | 8 | 9 | 9,159 | 9,159 SqFt |
| 631 N Mashta Drive, Key Biscayne, FL, 33149 | $18,500,000 | 4 | 5 | 2,255 | 2,255 SqFt |
| 24 Grand Bay Estates Ci.., Key Biscayne, FL, 33149 | $4,950,000 | 5 | 6 | 4,220 | 4,220 SqFt |
| 685 Harbor Ln, Key Biscayne, FL, 33149 | $6,950,000 | 5 | 6 | 5,421 | 5,421 SqFt |
| 200 Ocean Lane Drive #409, Key Biscayne, FL, 33149 | $1,499,000 | 2 | 2 | 1,610 | 1,610 SqFt |
| 200 Ocean Lane Drive #401, Key Biscayne, FL, 33149 | $3,600,000 | 3 | 3 | 2,412 | 2,412 SqFt |
| 200 Ocean Lane Drive #501, Key Biscayne, FL, 33149 | $3,850,000 | 4 | 4 | 1,880 | 1,880 SqFt |
| 200 Ocean Lane Drive #PB4, Key Biscayne, FL, 33149 | $1,400,000 | 1 | 1 | 1,217 | 1,217 SqFt |
| 200 Ocean Lane Drive #407, Key Biscayne, FL, 33149 | $1,220,000 | 2 | 2 | 1,580 | 1,580 SqFt |
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ByOwner last updated this listing 08/29/2026 @ 03:26
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