Home » Properties » 161 Cape Florida Dr, Key Biscayne FL 33149

cf256ce4fa373890f9ea8f059f8601c9_cf256ce4fa373890f9ea8f059f8601c9-m3_7d8df13de0c6a3d928de7994ad3d81e7-6dd28e9b

cf256ce4fa373890f9ea8f059f8601c9_cf256ce4fa373890f9ea8f059f8601c9-m4_3c07a7d7cfa9a0a2e5b9bfd26e77df5b-f3b61b38

cf256ce4fa373890f9ea8f059f8601c9_cf256ce4fa373890f9ea8f059f8601c9-m5_008decdb091b1b51b4048b06d02b5ccd-84b12bae

cf256ce4fa373890f9ea8f059f8601c9_cf256ce4fa373890f9ea8f059f8601c9-m6_6928b43574ccdf377923c349383e3b53-1db87a14

161 Cape Florida Dr, Key Biscayne FL 33149 - Waterfront Luxury Home

Stunning 4-bedroom, 4-bathroom waterfront home in Key Biscayne with 6661 sqft, renovated with modern amenities and breathtaking canal views.

$14,590,000

Interested in this property?

Contact our team to schedule a private tour or request additional information about this property.

Schedule a Tour Contact Agent

$ Mortgage Calculator ● WhatsApp

Florida Local Time --:--

MLS #A11621943

Listing Updated: 2026-07-04 18:30:16

Listed By: One Sotheby's International Realty

Overview

This exceptional waterfront residence in Key Biscayne offers 4 spacious en-suite bedrooms, a gym convertible to a fifth bedroom, and a home theater, all within 6661 sqft of meticulously renovated living space. Built in 1983 and recently updated with premium finishes, the home features soaring ceilings, floor-to-ceiling sliding glass doors, and custom lighting that enhance the contemporary design. The outdoor area includes a summer kitchen, covered lounge, boat lift, and open balcony, perfect for enjoying canal views. Additional features include a family room, maid/in-law quarters, pantry, walk-in closets, and a two-car garage with electric vehicle charging stations. This property combines luxury, comfort, and privacy in a highly desirable location.

Property Highlights

4 en-suite bedrooms, gym/5th bedroom option, home theater, summer kitchen, boat lift, renovated with high-end finishes, 2-car garage with EV charging, canal views

Property Details

City: Key Biscayne

State: FL

Zip Code: 33149

Address: 161 Cape Florida Dr, Key Biscayne FL 33149

Year Built: 1983

Property Type: Residential

Property Sub Type: Single Family Residence

Listing Office Name: One Sotheby's International Realty

County: Miami-Dade County

Garage Spaces: 2

Parking Features: Circular Driveway, Covered, Driveway, Electric Vehicle Charging Station(s), Other

Interior Features: First Floor Entry, Built-in Features, Cooking Island, Fire Sprinklers, Other, Pantry, Walk-In Closet(s), Family Room, Maid/In-Law Quarters, Media Room

Exterior Features: Lighting, Open Balcony, Other

Waterfront: Yes

Pool: No

HOA Fee: $0

Annual Tax: $128,294

Days On Market: 691 Days

Original Listing Description

MAJOR PRICE IMPROVEMENT!! Experience luxury living at its finest in this stunning Key Biscayne waterfront home!. Recently renovated to the highest standard, no expense was spared in creating this masterpiece with new bedrooms, bathrooms, flooring, plumbing, electrical, outdoor deck, kitchen, and appliances. Enjoy the spacious, contemporary design with a private oasis and breathtaking canal views. Natural light streams through soaring ceilings and floor-to-ceiling sliding glass doors, while custom lighting adds a touch of sophistication. The home features 4 generous en-suite bedrooms, a gym (convertible to a 5th bedroom), a gorgeous home theater, powder room, cabana bath, and an outdoor summer kitchen with covered lounge space and boat lift. Additional conveniences include 2 service bedrooms!

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

161 Cape Florida Dr, Key Biscayne FL 33149

About This Neighborhood

Key Biscayne is a sought-after community known for its tranquil environment, waterfront access, and proximity to Miami. The neighborhood offers a blend of natural beauty and urban convenience, with parks, beaches, and local shops nearby. Residents enjoy a peaceful atmosphere while remaining connected to city amenities. The area’s well-maintained streets and exclusive homes contribute to its reputation as a premier residential destination.

Walkability & Lifestyle

The neighborhood provides a pleasant walking experience with nearby parks, waterfront paths, and local dining options. Residents can enjoy leisurely strolls to beaches, marinas, and community amenities. The walkability enhances daily convenience and supports an active, outdoor-oriented lifestyle.

Things To Do Nearby

Key Biscayne offers diverse recreational activities including boating, fishing, beach outings, and golf. The community’s waterfront setting encourages water sports and outdoor entertainment. Nearby cultural venues and dining establishments add to the vibrant lifestyle, making it an attractive place for residents seeking both relaxation and activity.

Nearby Schools

Key Biscayne offers access to reputable schools within a reasonable distance, providing convenient educational options for families. The community's family-friendly environment complements the availability of quality schooling, making it a practical choice for residents prioritizing education alongside lifestyle benefits.

Why Buyers Like This Area

Buyers appreciate Key Biscayne for its blend of privacy, natural beauty, and accessibility to Miami. The community’s upscale homes and waterfront lifestyle appeal to those seeking a serene yet connected living environment. Modern renovations and spacious layouts further enhance the desirability of properties here, meeting the needs of diverse buyers.

Investment Potential

This waterfront home in Key Biscayne offers strong appeal due to its prime location and luxury features. Its spacious layout and modern upgrades attract buyers seeking a high-quality residence with privacy and scenic views. The property's boat lift and outdoor amenities enhance its desirability for seasonal residents and year-round occupants alike. While market fluctuations are natural, homes in this area maintain consistent interest thanks to the community's reputation and lifestyle benefits.

Market Trends

The Key Biscayne real estate market remains attractive due to limited inventory and steady demand for waterfront properties. Buyers value the combination of privacy, scenic views, and access to outdoor activities. Renovated homes with modern features tend to perform well, reflecting buyer preferences for move-in-ready residences. Long-term interest in this market is supported by the area's lifestyle and location advantages.

Rental Income Potential

Properties in Key Biscayne often attract tenants looking for seasonal or long-term rentals, especially those seeking waterfront living and luxury amenities. The location’s appeal to vacationers and professionals supports consistent tenant interest. While rental income varies, homes with unique features such as boat lifts and outdoor kitchens tend to have higher usability and desirability in the rental market.