501 Bay Lane, Key Biscayne, FL 33149

$5,990,000
5
BD
5
BA
4,759
SqFt

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List Price
$5,990,000
Status
ACTIVE
MLS#
A12074814
Year Built
1995
Levels
Two
Bedrooms
5
Bathrooms
5
Acres
0.23
Living Area
4,759
Subdivision
Tropical Isle Homes Sub 3

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

Additional Information

Days on Market
28
Taxes
$24,587
Pets
Yes
Interior Features
Bidet, Built-in Features, Bathtub, Dining Area, Separate/Formal Dining Room, Dual Sinks, Main Level Primary, Soaking Tub, Separate Shower, Tub Shower, Upper Level Primary, Walk-In Closet(s)
Flooring
Ceramic Tile, Tile
Heating
Electric
Cooling System Type
Electric
Sewer
Public Sewer
Water Source
Public
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Oven, Refrigerator, Washer
Exterior Features
Outdoor Living Area
Garage Spaces
2
Elementary School
Key Biscayne K-8
Middle School
Ponce De Leon
High School
Coral Gables

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Listing courtesy of One Sotheby's International Realty. Contact: