by Global Lifestyle Properties

Check Availability
$12,485,000
↓ $1.5M (10.8%)
● House - For Sale

420 Island Dr

Key Biscayne, FL 33149
bedrooms
6 Beds
bathrooms
6 Baths, 2 Half Baths
square feet
6,405 Ft²
$68,699
Est. Monthly
0.87%
Cap Rate

About This Property

Spectacular and impeccably appointed modern residence situated on a 13,651 SF lot on prestigious Island Drive-one of Key Biscayne's most elevated streets. Boasting a total of 8,011 SF, this 6-bedroom, 6 full bath + 2 half bath home is open, bright, and flooded with natural light throughout. Enjoy breathtaking water views and private access to the water in a setting that blends refined luxury with ultimate privacy. This residence showcases exquisitely curated, high-end designer finishes, a dramatic wine cellar, two expansive family rooms, and a closed 2-car garage. The outdoor living area is equally impressive, featuring a sleek summer kitchen and lush, professionally designed landscaping-ideal for elegant island living and entertaining. Per approved plans 6,405 SF under AC -8,682 SF Total
Unit Size
6,405 Ft²
Days on Market
490 days
Land Size
0.31 acres
Price per sqft
$1,949
Property Type
House
Property Taxes
$7,396
HOA Dues
-
Year Built
2017

Listed By

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Cap Rate Calculator

Last updated: 22 days ago (Miami MLS #A11812864)

Price History

Date / Event Date Event Price
Sep 11, 2026 Price Decreased $12,485,000
↓ $2M (10.8%)
Price Decreased
May 30, 2025 Listed by BHHS EWM Realty $14,000,000
Listed by BHHS EWM Realty
Jun 5, 2014 Sold
Sold

Property Highlights

Parking Available
Air Conditioning
Parking Details
Parking Features: Covered, Golf Cart Garage
Interior Details
Half Bathrooms: 2
Full Bathrooms: 6
Interior Features: Built-in Features, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Other, First Floor Entry, Cooking Island, Custom Mirrors, Laundry Tub, Chandelier To Be Replaced, Split Bedroom, Volume Ceilings
Appliances: Electric Water Heater, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Washer, Wall Oven
Flooring Type: Marble
Laundry Features: Laundry Tub
Exterior Details
Square Footage: 6405
Architectural Style: Detached, Two Story
Year Built: 2017
Waterfront Features: Ocean Access, Canal Front
Building Name: CAPE FLORIDA SUB SEC 1
Building Area Total: 8682
Building Area Units: Square Feet
Construction Materials: CBS Construction
Pool Features: In Ground, Fenced
Lot Features: 1/4 To Less Than 1/2 Acre Lot
Lot Size Area: 13651
Lot Size Units: Square Feet
Lot Size Acres: 0.313
Lot Size Square Feet: 13651
Water Source: Municipal Water
Financial Details
Tax Annual Amount: $88,746
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 4
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 0
  • Roof Shape Type: 13
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 13,651
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 900
  • Total Building Area: 8,011
  • Gross Building Area: 8,011
  • Building Area: 6,311
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 6,311
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CAPE FLORIDA SUB
  • Land Acres: 0000000313
  • Standard Land Use Code: 1001
  • County Land Use Code: 0101
  • State Land Use Code: 001
  • Legal Description 1: 5 55 42 PB 68-81 CAPE FLORIDA SUB SEC 1 LOT 27 & PROP INT IN & TO ADJ WATER OR WATERWAYS BLK 2 LOT SIZE 13651 SQ FT OR 15712-0901 1192 1 COC 22247-3625 10 2003 4

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: 24-5205-010-0590
  • Block: 2
  • Lot: 27
  • Meridian: SEC 05 TWN 55S RNG 42E
  • Municipality: KEY BISCAYNE
  • Latitude: 25.6853
  • Longitude: -80.1693

    Address

  • Full Address: 420 Island Dr
  • Address - House Number: 420
  • Address - Street Name: Island
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Key Biscayne
  • Carrier Code: C071
  • 4-Digit Zip Code: 2416
  • Zip Code: 33149

Valuation

    Tax

  • Total Area: 6,608
  • Tax Year: 2023
  • Tax Amount: $8,551,914
  • Tax Rate Code Area: 2400

    Appraisal Valuation

  • Standard Deviation: 0.1354
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 84
  • Final Value: 6,636,446
  • High Value: 7,535,578
  • Low Value: 5,737,314

    Market Valuation

  • Market Total Value: $4,798,932
  • Market Land Value: $3,070,247
  • Market Improvement Value: $1,728,685

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,798,932
  • Assessed Land Value: $3,070,247
  • Assessed Improvements Value: $1,728,685

    Sales

  • Current Sale Contract Date: Jun 03, 2014
  • Current Sale Recording Date: Jun 05, 2014
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2014R0402800
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


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Frequently Asked Questions

When was property at 420 Island Drive built and last sold?
The property at 420 Island Drive was built in 2017 and last sold on Jun 3, 2014 for $3,825,000.
How much is this home worth?
The estimated value of the home located at 420 Island Drive is $12,609,850.
What are some comparable homes to 420 Island Drive?
There are currently no comparable homes to 420 Island Drive.