For sale Home

Listed Aug 24, 2026

$5,990,000 Est. $39,618/mo

501 Bay Lane

  • 5

    Beds

  • 5

    Baths

  • 4,759

    Sq ft

The story

  • Pool

Prime location on one of Key Biscayne’s most exclusive residential streets, surrounded by some of the island’s most prestigious waterfront estates. An exceptional opportunity to own a substantial residence in the heart of Miami’s island paradise. Situated on a generous 10,000 SF lot, this light-filled home offers 4,759 SF of living space, five bedrooms, four full bathrooms and one half bathroom, providing wonderful space, privacy, and flexibility for today’s lifestyle. High ceilings and abundant natural light enhance the home’s generous proportions, while well-defined living, dining, and family areas create a comfortable and functional floor plan for both everyday living and entertaining. The interior spaces open to an expansive covered terrace, creating a natural connection to the outdoors and allowing for year-round enjoyment of South Florida living. Surrounded by lush, mature landscaping, the private backyard features a beautiful swimming pool and generous areas for outdoor dining, entertaining, and spending time with family and friends. Built in 1995 and complete with a garage, the residence can be enjoyed as it is today while offering endless possibilities to personalize and enhance over time. A rare opportunity to make this home your own while enjoying an exceptional address, privacy, and the extraordinary lifestyle that make Key Biscayne one of South Florida’s most desirable places to call home

Facts & features

Home type

Home

Year built

1995

Floors

2

Price per sq ft

$1,259

Parking

2-car garage

Included features

  • Pool

    Yes

  • Cooling

    Electric

  • Heating

    Electric

  • Appliances

    Built In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer

  • Flooring

    Ceramic Tile, Tile

  • Roof

    Spanish Tile

  • Lot Information

    Less Than Quarter Acre

  • Exterior

    Porch, Patio, Storm Security Shutters

  • Water Source

    Public

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$39,618 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $31,881
  • Property tax $5,990
  • Insurance $1,747

Includes principal, interest, taxes & insurance.

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Listing Broker

One Sotheby's International Realty

Broker Name

One Sotheby's International Realty

Agent

Brigitte Nachtigall

Location

Key Biscayne FL 33149