TROPICAL ISLE HOMES SUB 3

315 Palmwood Ln, Key Biscayne FL 33149

5 beds · 5 baths · 3,230 ft²

Closed

$4,600,000

Est. Payment $24,483/mo

MLS Sheet Video

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.

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

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).

4/8/2026Sold$4,600,000
1/19/2026Listed 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

315 Palmwood Ln, 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

$28,466/mo

Principal & Interest

$24,483

Property Tax

$3,833

Insurance

$150

HOA

$0

20% ($920,000)
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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