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685 Harbor Ln
About This Property
The generous lot allows for a spacious backyard with pool and abundant green space, ideal for outdoor living and entertaining. Double balconies and covered terraces create a seamless indoor-outdoor flow throughout the home.
This 5-bedroom residence offers bright interiors and a chefs kitchen with island, Sub-Zero refrigerator, wine cooler, double ovens, and two dishwashers. The primary suite includes a private terrace, oversized walk-in closet with safe, and dual baths with sauna. Also includes maids quarters and hurricane code construction.
Minutes from the beach, parks, and top schools - a rare opportunity to own a well-designed home with an exceptional lot on one of Key Biscayne's most desirable streets.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 16, 2026 | Listed by Avanti Way Realty LLC | $6,950,000 | |
| Listed by Avanti Way Realty LLC | |||
| Jun 6, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017