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161 Cape Florida Drive, Key Biscayne FL 33149

House For Sale
$14,990,000

BTC: 234.21875000

ETH: 7,878.52667872

14 days
Waterfront
4 bds
4 ba
6,661 sqft

Overview

Best-priced waterfront residence on Key Biscayne, offering an exceptional 100 feet of water frontage and a true boater's paradise. Tucked away on one of Paradise Island's most private and exclusive streets, this extraordinary residence is where contemporary design meets the serenity and exclusivity of life on the water. Thoughtfully and completely remodeled, including a brand-new roof, the home is bathed in natural light, enhanced by soaring ceilings, and showcases a sophisticated open-concept floor plan designed for both effortless everyday living and exceptional entertaining. Expansive social spaces flow seamlessly to a spectacular outdoor oasis featuring a resort-style pool, generous sun-drenched terraces, and a fully equipped summer kitchen…creating the perfect backdrop for unforgettable gatherings. Designed with both luxury and versatility in mind, the residence offers four spacious ensuite bedrooms, four full bathrooms, a powder room, and a cabana bath. A private office and a dedicated gym provide exceptional flexibility and can easily be transformed into a fifth bedroom, guest suite, media room, or additional living space to suit your family's lifestyle. Situated on a wonderful 14,500 SF lot, this remarkable property offers an extraordinary sense of privacy. Modern, refined, and impeccably appointed, this is more than just a home…it is a private waterfront sanctuary where timeless architecture, elegant interiors, and the beauty of island living come together as one.

Location

Details

Type:
Residential
Parking:
Attached Carport / Circular Driveway / Covered / Driveway / Electric Vehicle Charging Station(s)
Year Built:
1983
Lot:
14500 Square Feet
Heating:
None
Price/sqft:
$2,250
Cooling:
Electric
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$10,440,000
$2.3M – $13.5M
Confidence Low
List vs. estimate
$4.5M above estimate
List $14,990,000 · +43.6%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$2,250
+15.4% vs. city median $1,949
Based on
5 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $1.9M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$148,596
2025
Pool
In Ground
View
Canal
Waterfront
Ocean Access, Canal Front
All facts and features
  • Flooring

    • Ceramic Floor

    • Other

    • Tile

    Heating

    • None

    Cooling

    • Electric

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Microwave

    • Other Equipment/Appliances

    • Refrigerator

    • Wall Oven

    • Washer

    Other interior features

    • First Floor Entry

    • Built-in Features

    • Closet Cabinetry

    • Other

    • Pantry

    • Skylight

    • Volume Ceilings

    • Walk-In Closet(s)

    • Den/Library/Office

    • Family Room

    • Media Room

    • Storage

    • Utility/Laundry In Garage

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Bathrooms: 2

    • Full bathrooms: 4

  • Parking

    • Attached Carport

    • Circular Driveway

    • Covered

    • Driveway

    • Electric Vehicle Charging Station(s)

    Property

    • Exterior Features: Barbeque / Lighting / Open Balcony / Other

    Lot

    • Lot: 14500 Square Feet

    Other Property Information

    • Parcel Number: 24-52-05-024-0220

    • Zoning: 2000

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Other financial information

    • Annual tax amount: $148,596

  • Source details

    • MLS ID: A12051668

    Other facts

    • Construction Materials: CBS Construction

    • Laundry Features: In Garage

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot

    • Patio And Porch Features: Deck / Open Balcony / Patio

    • Pool Features: In Ground / Heated

    • Window Features: Skylight / Blinds

    • Direction Faces: South

    • Architectural Style: Attached / Two Story / Modern/Contemporary

    • Waterfront: Yes

    • Living Area: 6661

    • Water Source: Municipal Water

    • Subdivision Name: CAPE FLORIDA SUB SEC 3

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: One Sotheby's International Realty