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For sale

161 Cape Florida Drive

Key Biscayne, FL 33149

$14,990,000

$2,250/ft²

4Beds
5Baths
6,661Sq ft
1983Year built
Single-family homeType

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

  • Waterfront

Property details

Listing

MLS #
A12051668
Status
For sale
Listed on
Aug 3, 2026
Days on market
7 days
Listing data updated
Aug 3, 2026

Interior

Beds
4
Baths
5
Living area
6,661 ft²
Price per ft²
$2,250/ft²

Building & community

Type
Single-family home
Year built
1983
County
Miami-Dade

Lot & exterior

Lot size
14,500 ft²
Waterfront
Yes

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest)
$75,798
Property taxes (est.)
$13,741
Home insurance (est.)
$600
Flood insurance (est.)

Estimated total$90,139*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?

Location

Mortgage calculator

$75,798/moEstimated principal & interest. Taxes, insurance, and HOA are not included. This is an estimate, not a quote or financial advice.

Equal Housing Opportunity

This listing is courtesy of One Sotheby's International Realty.

Brigitte Nachtigall · 305-710-9664 · Brigitte@bnachtigall.com · 305-365-2811

Data deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.

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