FLORIDA LUXReal Estate

501 Bay Lane, Key Biscayne, FL 33149

$5,990,0005 Beds5 Baths4,759 Sq. Ft.$1,259 / sq. ft.

Key Biscayne, FL 33149 · TROPICAL ISLE HOMES SUB 3

Status
Active
Type
Single Family Residence
Year Built
1995
Days on Market
0
Lot Size
10,000 sqft
MLS #
A12074814
County
Miami-Dade County

Description of 501 Bay Lane, Key Biscayne, FL 33149

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 for 501 Bay Lane, Key Biscayne, FL 33149

Bathrooms Full
4
Bathrooms Half
1
Interior Features
First Floor Entry, Built-in Features, Walk-In Closet(s), Den/Library/Office, Family Room
Appliances
Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Wall Oven, Washer
Flooring
Ceramic Floor, Tile
Heating
Electric
Cooling
Electric
Furnished
Unfurnished
Architectural Style
Attached, Two Story
Garage Spaces
2
Parking Features
Circular Driveway, Covered, Driveway
Pool Features
In Ground
Pool Private
No
Year Built Details
Resale
Direction Faces
North

Building Information for 501 Bay Lane, Key Biscayne, FL 33149

Building Name
TROPICAL ISLE HOMES SUB 3
Building Area Total
6298
Building Area Units
Square Feet
Association
No

Property Information for 501 Bay Lane, Key Biscayne, FL 33149

Lot Features
Less Than 1/4 Acre Lot
Lot Size Square Feet
10,000
Waterfront
No
View
Garden
Construction Materials
CBS Construction
Roof
Curved/S-Tile Roof
Sewer
Public Sewer
Water Source
Municipal Water
New Construction
No

Public Records for 501 Bay Lane, Key Biscayne, FL 33149

Parcel Number
24-42-32-005-0730
Tax Annual Amount
$24,587
Tax Year
2,025
Tax Legal Description
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
Zoning
2000
County Or Parish
Miami-Dade County

Schools Near 501 Bay Lane, Key Biscayne, FL 33149

Elementary School
Keybiscayne
Middle School
Ponce De Leon
High School
Coral Gables

School assignments are provided by the listing and should be independently verified.

Location

501 Bay Lane, Key Biscayne, FL 33149 · See all Key Biscayne homes for sale

Courtesy of One Sotheby's International Realty

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More information about 501 Bay Lane, Key Biscayne, FL 33149

501 Bay Lane is a single family home for sale in Key Biscayne, FL 33149. This property was listed for sale on August 24, 2026 by One Sotheby's International Realty, it's currently listed at $5,990,000. This listing's school district is Miami-Dade County Public Schools. Nearby schools include Keybiscayne, Ponce De Leon and Coral Gables. 501 Bay Lane is a 5-bed, 5-bath, 4,759 sqft single family home built in 1995.