How much is 501 Bay Lane?

501 Bay Lane is listed at $5,990,000, which is about $1,259 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 501 Bay Lane?

The listing reports annual property taxes of $24,587 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 501 Bay Lane built?

501 Bay Lane was built in 1995 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 501 Bay Lane been on the market?

501 Bay Lane has been listed for 76 days. Days on market and price changes are the first signals of how much room there is to negotiate.

Which schools serve 501 Bay Lane?

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 501 Bay Lane?

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.

501 Bay Lane, Key Biscayne, FL 33149

$5,990,000 · Active

5 beds
4.5 baths
4,759 sq ft
76 days on market
Single Family Residence
Built 1995
Lot 10,018.8 sq ft
6,298 sq ft total
2 garage spaces
Miami-Dade County
MLS# A12074814
Tropical Isle Homes Sub 3

About this home

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

Features

Built-in Features
Walk-In Closet(s)
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 501 Bay Lane.

Before You Make an Offer

Buying in a 55 plus community

How buying a home in South Florida works

Your Buyer May Already Be Working With BreakThru Realty

Buyers come to BreakThru Realty searching for homes like this one, and many have shared their exact requirements with us: the neighborhood, the price, the bedrooms, the pool, the timing. If you own a home nearby and are weighing a sale, a broker can check it against those requirements before you list, and if no buyer on file fits, show you how we would reach the rest of the market.

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 501 Bay Lane

How much is 501 Bay Lane?: 501 Bay Lane is listed at $5,990,000, which is about $1,259 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 501 Bay Lane?: The listing reports annual property taxes of $24,587 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 501 Bay Lane built?: 501 Bay Lane was built in 1995 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 501 Bay Lane been on the market?: 501 Bay Lane has been listed for 76 days. Days on market and price changes are the first signals of how much room there is to negotiate.
Which schools serve 501 Bay Lane?: 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 501 Bay Lane?: 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.

Explore

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760 Woodcrest Road, Key Biscayne, FL 33149 · Sold $5,790,000 · 5 bd · 5.5 ba · 4,003 sq ft
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The 7 bedroom home at 425 Harbor Drive, Key Biscayne, FL 33149 is comparable and listed for sale at $7,450,000. Another comparable home, 760 Woodcrest Road, Key Biscayne, FL 33149, sold for $5,790,000 in October 2026. Other Key Biscayne neighborhoods include Ocean Club and Biscayne Key Estates. Nearby ZIP codes include 33131 and 33129. This property also neighbors Brickell, Coconut Grove, and Miami. Compare it with the Key Biscayne housing market report.