This listing is no longer active

The MLS feed no longer includes this property — it may have sold, gone under contract, or been withdrawn. Last seen on October 5, 2026. The details below are the last snapshot we captured. Contact Rangely for a similar property or current status.

CAPE FLORIDA SUB SEC 3

161 Cape Florida Drive, Key Biscayne FL 33149

4 beds · 4.5 baths · 6,661 ft²

For Sale · Active Listing

$14,990,000

Est. Payment $79,783/mo

MLS Sheet

4

Bedrooms

4.5

Bathrooms

6,661

Sq. Ft.

1983

Year Built

0

Days on Market

Description

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.

Facts

MLS#
A12051668
Subdivision
CAPE FLORIDA SUB SEC 3
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
1983
Lot Size
14,500 ft²
Sq. Ft.
6,661 ft²
Sq. Mt.
619 m²
Price per sq. ft.
$2,250/ft²
Price per sq. mt.
$24,216/m²
Stories
—
Garage
—
Pool
—
Days on Market
—
Listed
Aug 3, 2026
Last Updated
Aug 3, 2026
Price/Lot Sq.Ft.
$1,034/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

October 2026

100/100
Buyers marketSellers market

59

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).

8/3/2026Listed for sale$14,990,000

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

Location

161 Cape Florida Drive, Key Biscayne FL 33149Directions

Estimated Monthly Payment

$92,425/mo

Principal & Interest

$79,783

Property Tax

$12,492

Insurance

$150

HOA

$0

20% ($2,998,000)
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

Hablo Español

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