How much is 161 Cape Florida Drive?

161 Cape Florida Drive is listed at $14,490,000, which is about $2,175 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.

What are the property taxes on 161 Cape Florida Drive?

The listing reports annual property taxes of $148,596 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.

When was 161 Cape Florida Drive built?

161 Cape Florida Drive was built in 1983 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.

How long has 161 Cape Florida Drive been on the market?

161 Cape Florida Drive has been listed for 97 days, and the asking price has been reduced from $14,990,000. Days on market and price changes are the first signals of how much room there is to negotiate.

Is 161 Cape Florida Drive waterfront?

Yes. The listing describes the water as canal front. For a home with dockage, confirm the water depth at low tide, the seawall condition and whether the route to the inlet passes under any fixed bridges before you offer.

Which schools serve 161 Cape Florida Drive?

The MLS lists Key Biscayne K-8 (elementary), Ponce De Leon (middle), Coral Gables (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.

How do I see 161 Cape Florida Drive?

Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

161 Cape Florida Drive, Key Biscayne, FL 33149

$14,490,000 · Active

4 beds
5 baths
6,661 sq ft
97 days on market
Single Family Residence
Built 1983
Lot 14,374.8 sq ft
8,079 sq ft total
Miami-Dade County
MLS# A12051668
Cape Florida Sub Sec 3

Photo 1 at 161 Cape Florida Drive, Key Biscayne

Photo 2 at 161 Cape Florida Drive, Key Biscayne

Photo 3 at 161 Cape Florida Drive, Key Biscayne

Photo 4 at 161 Cape Florida Drive, Key Biscayne

Photo 5 at 161 Cape Florida Drive, Key Biscayne

Photo 6 at 161 Cape Florida Drive, Key Biscayne

Photo 7 at 161 Cape Florida Drive, Key Biscayne

Photo 8 at 161 Cape Florida Drive, Key Biscayne

About this home

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.

Features

Built-in Features
High Ceilings
Other
Pantry
Walk-In Closet(s)
Closet Cabinetry
Storage
Barbecue
Lighting
Other
Balcony
Canal Front
Heated
In Ground

Schools

Elementary: Key Biscayne K-8
Middle: Ponce De Leon
High: Coral Gables

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

One Sotheby's International Realty · MLS@onesothebysrealty.com · Listing agent: Brigitte Nachtigall

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 161 Cape Florida Drive.

Before You Make an Offer

Buying a waterfront home: ocean access, bridges and docks

How buying a home in South Florida works

Your Waterfront Buyer May Already Be Working With Us

BreakThru Realty works with buyers searching for waterfront homes with ocean access, no fixed bridges, deep water, private docks and Intracoastal frontage. Boaters know the vessel they need to keep behind the house, and they tell us. If you own a waterfront home, a broker can compare its frontage, dock and route to the ocean with those requirements and discuss a potential buyer match before you list.

BreakThru Realty works with hundreds of prequalified buyers searching for properties. Before you list, a broker reviews what you own, the market around it and whether an existing buyer's requirements match. If none does, you see how we would position it to reach other qualified buyers.

Find Out If We Have Your Buyer · Discuss Selling With BreakThru Realty

A potential match is a conversation, not an offer, until the buyer sees your property and makes one. No buyer is named and nothing about your property or business is shared until you decide to proceed.

Questions About 161 Cape Florida Drive

How much is 161 Cape Florida Drive?: 161 Cape Florida Drive is listed at $14,490,000, which is about $2,175 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the property taxes on 161 Cape Florida Drive?: The listing reports annual property taxes of $148,596 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 161 Cape Florida Drive built?: 161 Cape Florida Drive was built in 1983 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 161 Cape Florida Drive been on the market?: 161 Cape Florida Drive has been listed for 97 days, and the asking price has been reduced from $14,990,000. Days on market and price changes are the first signals of how much room there is to negotiate.
Is 161 Cape Florida Drive waterfront?: Yes. The listing describes the water as canal front. For a home with dockage, confirm the water depth at low tide, the seawall condition and whether the route to the inlet passes under any fixed bridges before you offer.
Which schools serve 161 Cape Florida Drive?: The MLS lists Key Biscayne K-8 (elementary), Ponce De Leon (middle), Coral Gables (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
How do I see 161 Cape Florida Drive?: Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.
To request a tour, call (786) 914-1017 or email sales@breakthrurealty.com.

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The 6 bedroom home at 131 Cape Florida Drive, Key Biscayne, FL 33149 is comparable and listed for sale at $16,500,000. Another comparable home, 591 N Mashta Drive, Key Biscayne, FL 33149, sold for $14,000,000 in August 2026. Other Key Biscayne neighborhoods include Tropical Isle Homes and Key Colony. Nearby ZIP codes include 33131 and 33129. This property also neighbors Brickell, Fisher Island, and Miami. Compare it with the Key Biscayne housing market report.