$14,490,000

161 Cape Florida Drive, Key Biscayne FL 33149

89 days on marketPrice reduced $500,000 on Oct 12, 2026

Bedrooms
4
Bathrooms
5
Living area
6,661 sqft
Price per sqft
$2,175
Type
Single Family Residence
Year built
1983
Taxes
$148,596/yr
Waterfront
Yes
MLS #
A12051668

About this home

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.

Estimated subtotal

$12,383/mo

Principal and interestThe current market rate is not available right now. Enter the rate your lender quoted.
Not included
Property taxMLS 2025 annual tax, shown monthly
$12,383
HOANot in the MLS record
Not included

The current market rate is not available right now. Enter the rate your lender quoted.

Estimate. Jumbo and investor loans are often priced differently; verify with your lender. Property tax is the seller's current bill and may be reassessed after purchase. Items marked Not included are not in this total.

Is this the right price?

We send written comps, the full cost of owning it and an offer strategy before you tour or offer.

Get the numbers on this home

The neighborhood

Key Biscayne, 33149

Listing courtesy of One Sotheby's International Realty

Listing data provided by the Miami Association of Realtors MLS, deemed reliable but not guaranteed.

Property check

Send the home. Within one business day a licensed agent sends what it is worth, what it costs to own and what to verify.