CAPE FLORIDA SUB SEC 3

50 Island Dr, Key Biscayne FL 33149

5 beds · 4.5 baths · 5,338 ft²

Closed

$11,200,000

Est. Payment $59,611/mo

MLS Sheet Video

5

Bedrooms

4.5

Bathrooms

5,338

Sq. Ft.

1967

Year Built

2

Garage

27

Days on Market

Description

Location is everything, as this home proves it! Besides being located on the quiet end of Island Dr. this gorgeous designer waterfront home looks down the length of the canal (not directly into the home on the opposite side). Minutes to open Bay for marvelous boating. Exquisite Sunsets lending to fabulous entertainment venues. Enter through the walled sanctuary fountain garden. The 2nd floor is exclusive for the Primary Bedroom Suite. Pool & canal views from the majority of the home. 2 car garage plus circular driveway. 2,020 Sq ft of house built in 1967 but the majority, of an additional 3,946 sq ft, was built in 1991 & has had continual updates (Impact Glass/Sky Lights/New metal roof in 2020 etc.) Tranquil waterfront Key Biscayne gem. A pleasure to show.

Facts

MLS#
A11678801
Subdivision
CAPE FLORIDA SUB SEC 3
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
1967
Lot Size
15,000 ft²
Sq. Ft.
5,338 ft²
Sq. Mt.
496 m²
Price per sq. ft.
$2,098/ft²
Price per sq. mt.
$22,581/m²
Stories
Garage
2 spaces
Pool
Days on Market
27 days
Listed
Dec 3, 2024
Last Updated
Feb 13, 2025
Price/Lot Sq.Ft.
$747/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Key Biscayne

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100
Buyers marketSellers market

77

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

2/13/2025Sold$11,200,000
12/3/2024Listed for sale$11,200,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

50 Island Dr, Key Biscayne FL 33149Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$69,094/mo

Principal & Interest

$59,611

Property Tax

$9,333

Insurance

$150

HOA

$0

20% ($2,240,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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