by Global Lifestyle Properties

Check Availability
$14,990,000
● House - For Sale

161 Cape Florida Drive

Key Biscayne, FL 33149
bedrooms
4 Beds
bathrooms
4 Baths, 2 Half Baths
square feet
6,661 Ft²
$85,987
Est. Monthly

About This Property

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.
Unit Size
6,661 Ft²
Days on Market
64 days
Land Size
0.33 acres
Price per sqft
$2,250
Property Type
House
Property Taxes
$12,383
HOA Dues
-
Year Built
1983

Listed By

Brigitte Nachtigall
Great Properties International LLC
Cassio Galiza PA
Podium Realty Group INC

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Last updated: 26 days ago (Miami MLS #A12051668)

Price History

Date / Event Date Event Price
Aug 3, 2026 Listed by One Sotheby's International Realty $14,990,000
Listed by One Sotheby's International Realty
Jan 12, 2026 Price Decreased $15,390,000
↓ $400K (2.5%)
Price Decreased
Aug 26, 2025 Price Decreased $15,790,000
↓ $200K (1.3%)
Price Decreased
Mar 9, 2025 Relisted $15,990,000
Relisted
Feb 27, 2025 In contract -
In contract
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Property Highlights

Parking Available
Garage
Parking Details
Has Carport
Has Open Parking
Parking Features: Attached Carport, Circular Driveway, Covered, Driveway, Electric Vehicle Charging Station(s)
Interior Details
Half Bathrooms: 2
Full Bathrooms: 4
Interior Features: Built-in Features, Other, Pantry, Walk-In Closet(s), Storage, First Floor Entry, Closet Cabinetry, Skylight, Volume Ceilings, Den/Library/Office, Family Room, Media Room, Utility/Laundry In Garage
Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Other, Refrigerator, Washer, Wall Oven
Flooring Type: Other, Tile, Ceramic Floor
Laundry Features: In Garage
Exterior Details
Square Footage: 6661
Security Features: Smoke Detector(s)
Architectural Style: Contemporary, Attached, Two Story
Year Built: 1983
Waterfront Features: Ocean Access, Canal Front
Building Name: CAPE FLORIDA SUB SEC 3
Building Area Total: 8079
Building Area Units: Square Feet
Window Features: Skylight(s), Blinds
Construction Materials: CBS Construction
Patio and Porch Features: Deck, Patio, Open Balcony
Pool Features: In Ground, Heated
Lot Features: 1/4 To Less Than 1/2 Acre Lot
Lot Size Area: 14500
Lot Size Units: Square Feet
Lot Size Acres: 0.333
Lot Size Square Feet: 14500
Water Source: Municipal Water
Financial Details
Tax Annual Amount: $148,596
Utilities Details
Cooling Type: Electric
Heating Type: None
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 2010
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 4
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 323
  • Parking Space Count: 0
  • Patio Type: 25
  • Porch Type: 36
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 14,500
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 8,079
  • Gross Building Area: 8,079
  • Building Area: 6,661
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 6,661
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CAPE FLORIDA SUB
  • Land Acres: 0000000333
  • Standard Land Use Code: 1001
  • County Land Use Code: 0101
  • State Land Use Code: 001
  • Legal Description 1: CAPE FLORIDA SUB SEC 3 PB 79-64 LOT 7 BLK 8 LOT SIZE 100 X 145 OR 19199-399 07 2000 1

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: KEY BISCAYNE
  • Census Tract: 004602

Zoning

  • Zoning: 2000

Geography

  • Assessors Map Reference: 325
  • District: 24
  • Parcel: 24-5205-024-0220
  • Block: 8
  • Lot: 7
  • Meridian: SEC 05 TWN 55S RNG 42E
  • Municipality: KEY BISCAYNE
  • Latitude: 25.6836
  • Longitude: -80.1635

    Address

  • Full Address: 161 Cape Florida Dr
  • Address - House Number: 161
  • Address - Street Name: Cape Florida
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Key Biscayne
  • Carrier Code: C079
  • 4-Digit Zip Code: 2708
  • Zip Code: 33149

Valuation

    Tax

  • Total Area: 6,542
  • Tax Year: 2023
  • Tax Amount: $12,829,409
  • Tax Rate Code Area: 2400

    Market Valuation

  • Market Total Value: $7,964,388
  • Market Land Value: $5,176,500
  • Market Improvement Value: $2,787,888

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $7,964,388
  • Assessed Land Value: $5,176,500
  • Assessed Improvements Value: $2,787,888

    Sales

  • Current Sale Contract Date: Aug 05, 2021
  • Current Sale Recording Date: Aug 25, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021R0628512
  • Previous Sale Recording Date: Feb 22, 2016
  • Previous Sale Contract Date: Feb 12, 2016
  • Previous Sale Amount: $7,000,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Key Biscayne


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 200 Galen Drive, Key Biscayne, FL, 33149

$3,800 /mo

  • 1 Bed
  • 1 Bath
  • 690 ft²
200 Galen Drive #308, Key Biscayne, FL, 33149 Listing by Cliff Glansen


Frequently Asked Questions

When was property at 161 Cape Florida Drive built and last sold?
The property at 161 Cape Florida Drive was built in 1983 and last sold on Aug 5, 2021 for $9,100,000.
How much is this home worth?
The estimated value of the home located at 161 Cape Florida Drive is $14,931,009.
What are some comparable homes to 161 Cape Florida Drive?
There are currently no comparable homes to 161 Cape Florida Drive.