TROPICAL ISLE HOMES SUB 3
315 Palmwood Ln, Key Biscayne FL 33149
5 beds · 5 baths · 3,230 ft²
$4,600,000
Est. Payment $24,483/mo
5
Bedrooms
5
Bathrooms
3,230
Sq. Ft.
1995
Year Built
2
Garage
30
Days on Market
Description
Elevated, 3,626sf adjusted area, fully rebuilt, renovated 5 beds/5 baths home in 2021. It was stripped to its core, leaving only select structural walls. All plumbing, electrical systems, roofing, flooring, ceilings, impact doors and windows, façade, and infrastructure were completely replaced—creating a virtually NEW HOME. This smart home features all-new 2021 appliances, dual Nest AC controls, a gas water heater, an electronic lock, Ring, 7 exterior cameras, interior motion sensors, and door/window alarms—all managed via mobile apps. A whole-house audio/video system. Italian ceramic flooring throughout. Italian kitchen with Miele appliances, gas cooktop, an oversized refrigerator and freezer, custom cabinetry, and pantry storage. Enclosed TV room with 5.1 home theater, adjacent full bath; separate office; guest bedroom with full bath; and laundry room with XXL LG gas washer/dryer. The second floor offers three bedrooms with independent A/C control, a spacious primary suite with multiple custom closets, a primary bath with European finishes and a Toto electric toilet, plus a second full bath. Exterior features include a new saltwater pool, a covered terrace with a BBQ, artificial turf, solar lighting, an irrigation system, enclosed 2-car garage, service quarters with a full bath, side pool access, a perimeter wall, a gas tank, storage, and a Wi-Fi repeater. A rare, fully modernized Key Biscayne home combining privacy, technology, hurricane protection and European finishes.
Facts
- MLS#
- A11947798
- Subdivision
- TROPICAL ISLE HOMES SUB 3
- Property Type
- Residential
- Property Sub Type
- Single Family Residence
- Year Built
- 1995
- Lot Size
- 7,500 ft²
- Sq. Ft.
- 3,230 ft²
- Sq. Mt.
- 300 m²
- Price per sq. ft.
- $1,424/ft²
- Price per sq. mt.
- $15,333/m²
- Stories
- —
- Garage
- 2 spaces
- Pool
- —
- Days on Market
- 30 days
- Listed
- Jan 19, 2026
- Last Updated
- Apr 8, 2026
- Price/Lot Sq.Ft.
- $613/ft²
Comparable homes
Same ZIP, similar price + bedrooms.
SOLD$4,375,000
5 bd · 5 ba · 3,596 sqft
235 Cranwood Dr, Key Biscayne FL 33149
SOLD$4,850,000
5 bd · 6 ba · 4,089 sqft
220 Cypress Dr, Key Biscayne FL 33149
SOLD$4,545,000
6 bd · 6 ba · 3,436 sqft
285 W Enid Dr, Key Biscayne FL 33149

$5,200,000
5 bd · 5 ba · —
164 W Mashta Dr, Key Biscayne FL 33149
SOLD$3,997,000
5 bd · 5 ba · 3,962 sqft
200 W Mcintyre St, Key Biscayne FL 33149

$3,795,000
5 bd · 5 ba · 3,186 sqft
Key Biscayne, FL 33149

$4,450,000
4 bd · 4 ba · 2,604 sqft
201 Crandon Blvd # 175, Key Biscayne FL 33149

$3,980,000
5 bd · 4 ba · 2,821 sqft
269 Cranwood Dr, Key Biscayne FL 33149
Market insights for Key Biscayne
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
May 2026
45
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).
| 4/8/2026 | Sold | $4,600,000 |
| 1/19/2026 | Listed for sale | $4,600,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Harbordale Elementary SchoolPK,KG,1,2,3,4,5 · public · 0.2 mi
Inspirations Academy8,9,10,11,12 · private · 0.3 mi
Charter School Of ExcellenceKG,1,2,3,4,5 · charter · 0.4 mi
Bethany Christian SchoolPK,KG,1,2,3,4,5,6,7,8 · private · 0.4 mi
Sunset Sudbury SchoolKG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.5 mi
Trinity Lutheran Learning CenterPK,KG · private · 0.7 mi
Murl-Windsor Academy at HollywoodKG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.7 mi
Trinity Lutheran Academy -FTLKG,1,2,3,4,5,6,7,8 · private · 0.7 mi
Trinity Lutheran SchoolKG,1,2,3,4,5,6,7,8 · private · 0.7 mi
BROWARD COUNTY ACCELERATION ACADEMIES8,9,10,11,12 · public · 0.7 mi
Estimated Monthly Payment
$28,466/mo
Principal & Interest
$24,483
Property Tax
$3,833
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
Similar listings nearby
More homes in Key Biscayne around $4,600,000.

201 Crandon Blvd # 174, Key Biscayne FL 33149

200 Ocean Lane Dr # 401, Key Biscayne FL 33149

524 Warren Ln, Key Biscayne FL 33149

301 Hampton Ln, Key Biscayne FL 33149

789 Crandon Blvd # 1805, Key Biscayne FL 33149

255 Ridgewood Rd, Key Biscayne FL 33149
