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501 Bay Lane, Key Biscayne, FL 33149 - Photo 1
501 Bay Lane, Key Biscayne, FL 33149 - Photo 2
501 Bay Lane, Key Biscayne, FL 33149 - Photo 3
501 Bay Lane, Key Biscayne, FL 33149 - Photo 4
501 Bay Lane, Key Biscayne, FL 33149 - Photo 5
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$5,990,000

501 Bay Lane, Key Biscayne, FL 33149

Tropical Isle Homes Sub 3

Beds

5 Beds

Baths

4.5 Baths

Living Area

4,759 Sq Ft

Lot

0.23 acres

Built

1995

Days Listed

0

Pool

Price Per Sq Ft

$1,259/sqft

Listed

Aug 24, 2026

Garage

2 spaces

Property Type

Single Family Residence

Property Overview

This 5-bedroom single family residence at 501 Bay Lane, Key Biscayne, FL 33149 in the Tropical Isle Homes Sub 3 community on 0.23 acres with 4,759 square feet of living area, built in 1995 is listed for $5,990,000. Notable MLS signals include Pool.

MLS Public Remarks

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

Key Biscayne Property Snapshot

Property Type

Residential

Sub Type

Single Family Residence

Stories

2

Total Baths

4.5

Building Area

6,298 sq ft

Lot Size

10,000 sq ft

Condition

Resale

MLS #

A12074814

Waterfront, Boating & Outdoor

Private Pool

Yes

Pool Features

In Ground

View

Garden

Patio / Porch

Porch - Open, Patio, Porch

Interior & Construction

Interior Features

Built-in Features, Walk-In Closet(s)

Primary Bedroom

Bidet, Combo Tub/Shower, Dual Sinks, Master Bdrm - Ground, Master Bdrm - Upstairs, Separate Shower, Separate Tub

Rooms

Den, Family Room

Appliances

Electric Water Heater, Dryer, Dishwasher, Electric Range, Microwave, Oven, Refrigerator, Washer

Flooring

Ceramic Tile, Tile

Construction

CBS

Heating

Electric

Cooling

Electric

Furnished

Unfurnished

Parking, HOA & Rules

Garage Spaces

2

Parking Features

Circular Driveway, Covered, Driveway, Garage Door Opener

Community / Access

Fitness Center, Pool

Pets Allowed

Yes

Taxes, Utilities & MLS

Annual Taxes

$24,587

Tax Year

2025

Parcel Number

2442320050730

Zoning

2000

County

Miami-Dade

MLS Area

2520

Sewer

Public Sewer

Water Source

Public

Photos

41

Listing courtesy of One Sotheby's International Realty

Listing Agent: Brigitte Nachtigall

BeachesMLS

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of the BeachesMLS. Real estate listings held by brokerage firms other than Levin Investments, Inc are marked with the IDX logo and detailed information about them includes the name of the listing broker. Data provided is deemed reliable but is not guaranteed. All information is subject to change and should be independently verified.

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