House for Sale
$237,000,000
5 bd · 9 ba · 11,528 sqft
485 W Matheson Dr, Key Biscayne, FL 33149
TROPICAL ISLE HOMES RESUB
Bedrooms
Bathrooms

House for Sale
$237,000,000
5 bd · 9 ba · 11,528 sqft
TROPICAL ISLE HOMES RESUB

House for Sale
$27,900,000
8 bd · 9 ba · 9,159 sqft
CAPE FLORIDA SUB SEC 3

House for Sale
$25,900,000
4 bd · 4 ba · 2,566 sqft
TROPICAL ISLE HOMES SUB 4

House for Sale
$19,950,000
6 bd · 7 ba · 6,208 sqft
CAPE FLA SUB SEC 2

House for Sale
$19,900,000
5 bd · 4 ba · 3,085 sqft
MASHTA ISLAND A REPLAT OF

House for Sale
$19,800,000
4 bd · 9 ba · 8,240 sqft
CAPE FLORIDA SUB SEC 3

House for Sale
$18,500,000
4 bd · 4.5 ba · 2,255 sqft

House for Sale
$16,800,000
4 bd · 4 ba · 3,620 sqft
MASHTA ISLAND

House for Sale
$16,500,000
6 bd · 7 ba · 7,103 sqft
CAPE FLORIDA SUB SEC 3

House for Sale
$14,990,000
4 bd · 6 ba · 6,661 sqft
CAPE FLORIDA SUB SEC 3

House for Sale
$12,485,000
6 bd · 8 ba · 6,405 sqft
CAPE FLORIDA SUB SEC 1

House for Sale
$9,800,000
6 bd · 7 ba · 5,826 sqft
CAPE FLORIDA SUB SEC 3

House for Sale
$9,200,000
5 bd · 6 ba · 4,416 sqft
BISCAYNE KEY ESTATES

House for Sale
$8,500,000
6 bd · 7 ba · 4,190 sqft
TROPICAL ISLE HOMES SUB 4

House for Sale
$8,000,000
6 bd · 6 ba · 1,044 sqft
TROPICAL ISLE HOMES SUB

House for Sale
$7,950,000
5 bd · 5 ba · 4,166 sqft
TROPICAL ISLE HOMES SUB 2N

House for Sale
$7,490,000
5 bd · 7 ba · 3,768 sqft
TROPICAL ISLE HOMES SUB

House for Sale
$7,450,000
7 bd · 9 ba · 4,565 sqft
TROPICAL ISLE HOMES SUB 3

House for Sale
$7,390,000
6 bd · 7 ba · 4,043 sqft
BISCAYNE KEY ESTATES

House for Sale
$6,950,000
5 bd · 6 ba · 5,421 sqft
BISCAYNE KEY ESTATES

House for Sale
$6,900,000
6 bd · 7 ba · 3,550 sqft
TROPICAL ISLE HOMES SUB 4

House for Sale
$6,350,000
4 bd · 3 ba · 2,761 sqft
MASHTA ISLAND A REPLAT OF

House for Sale
$5,990,000
5 bd · 5 ba · 4,759 sqft
TROPICAL ISLE HOMES SUB 3

House for Sale
$5,785,000
5 bd · 6 ba · 3,495 sqft
BISCAYNE KEY ESTATES
Tell us what you're after — we'll send matching homes, off-market options and recent sales, and set up private showings.

Live MLS inventory in Key Biscayne, updated continuously. Florida Lux Real Estate currently tracks 34 active listings here. MLS inventory updated October 11, 2026.
Beyond the Rickenbacker tollgate, tucked between two state parks, Key Biscayne functions as Miami's island village — a K-8 school and streets where children pedal to the beach. Ordinance limits the condo count and no new building has opened since 2014, which means the scarcity driving prices here is entirely real.
Buying a single-family home in Key Biscayne means owning the land under it — no shared walls, no tower bylaws, and the freedom to renovate or expand within what local zoning permits. In a market shaped by a family island village between two state parks, fifteen minutes from Brickell, detached houses hold a scarcity premium that tends to carry value through the ups and downs of a cycle, because a good lot is the one thing new construction can't manufacture.
Plenty don't. Outside gated and master-planned communities, a Key Biscayne house frequently carries no association dues at all, and where one exists the fee is usually light next to a condo's — there's no building to insure or staff. Every listing on this page shows the association cost, if any.
Insurance is a genuine budget line in Florida, and it tracks roof age, build year and flood zone far more than sale price. A newer roof and newer-code construction quote noticeably better. We pull the insurance picture on any house you're serious about before you write an offer.
Each listing on this page carries an inquiry form that goes straight to our brokerage — or reach us at +1 786-370-8570. We schedule private tours to fit your calendar and run live video walkthroughs for buyers relocating from out of state, with no obligation attached.