Home » Properties » 31 Island Dr, Key Biscayne FL 33149

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Stunning Modern Estate at 31 Island Dr, Key Biscayne

Spacious 6-bed, 6.5-bath modern home on 19,000+ sqft lot with pool, wine cellar, and office in Key Biscayne.

$9,800,000

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MLS #A11782945

Listing Updated: 2026-07-10 06:39:53

Listed By: Gimeza A Real Estate Corp.

Overview

This exceptional residence at 31 Island Dr in Key Biscayne offers a rare opportunity to own a modern estate on a generous lot exceeding 19,000 sqft. Built in 2004, the home features six bedrooms and six and a half bathrooms, including a dedicated office space perfect for remote work or study. The interior boasts high ceilings and luxurious finishes that create a bright and open atmosphere. Outdoor living is enhanced by a large backyard, built-in grill, and pool, ideal for entertaining or relaxing in privacy. The property includes a two-car garage and a circular driveway, blending convenience with style in a quiet neighborhood setting.

Property Highlights

6 bedrooms, 6.5 bathrooms, 5826 sqft, built-in grill, pool, wine cellar, office, 2-car garage, circular driveway, modern design, quiet street

Property Details

City: Key Biscayne

State: FL

Zip Code: 33149

Address: 31 Island Dr, Key Biscayne FL 33149

Year Built: 2004

Property Type: Residential

Property Sub Type: Single Family Residence

Listing Office Name: Gimeza A Real Estate Corp.

County: Miami-Dade County

Garage Spaces: 2

Parking Features: Circular Driveway, Other

Interior Features: First Floor Entry, Closet Cabinetry, Other, Den/Library/Office

Exterior Features: Built-In Grill, Open Balcony, Other

Waterfront: No

Pool: No

HOA Fee: $0

Annual Tax: $59,203

Days On Market: 472 Days

Original Listing Description

Exceptional Estate in Key Biscayne. Discover an extraordinary opportunity to own a stunning modern residence on over 19,000 sq ft lot—an exceptional find in the heart of Key Biscayne. This expansive property offers a generous backyard, perfect for outdoor living, entertaining, or creating a private oasis where kids can play freely. The home features 6 bedrooms, 6.5 bathrooms, a dedicated office, and high ceilings that enhance the bright, open ambiance. Designed with a sleek, modern aesthetic, the interior boasts luxurious finishes and thoughtful amenities, including a wine cellar, pool, and a 2-car garage. Located on a quiet street, this residence blends privacy with convenience. Experience the best of island living with unparalleled space and style.

Property Location

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

31 Island Dr, Key Biscayne FL 33149

About This Neighborhood

Key Biscayne is known for its tranquil island atmosphere combined with convenient access to Miami. The neighborhood offers a peaceful residential environment with upscale homes and quiet streets. Residents enjoy proximity to beaches, parks, and local shops, making it a sought-after area for those wanting a balanced lifestyle. The community’s blend of privacy and accessibility appeals to families and individuals alike, providing a welcoming setting for long-term living.

Walkability & Lifestyle

Residents benefit from easy access to local amenities including restaurants, boutique shops, and recreational areas. The area’s walkability supports a lifestyle that combines outdoor enjoyment with daily convenience. Nearby beaches and waterfront parks offer opportunities for leisure and exercise, while local dining and shopping options contribute to a vibrant community atmosphere.

Things To Do Nearby

Key Biscayne offers a variety of recreational activities including boating, golf, and beach outings. The community features parks and marinas that cater to outdoor enthusiasts. Dining options range from casual eateries to fine dining, enhancing the local lifestyle. Cultural and social events are accessible nearby, providing residents with diverse entertainment choices.

Nearby Schools

The neighborhood offers access to reputable schools within reasonable commuting distance, providing families with convenient educational options. The community’s residential nature supports a family-friendly environment, with schools that emphasize quality education and extracurricular activities. Proximity to local schools enhances the property’s appeal for buyers prioritizing educational access.

Why Buyers Like This Area

Buyers appreciate Key Biscayne for its unique island setting that balances privacy with accessibility to Miami’s urban center. The neighborhood’s quiet streets, upscale homes, and outdoor amenities appeal to those seeking a refined lifestyle. This property’s modern design, spacious layout, and outdoor features align well with the preferences of families and professionals looking for comfort and style.

Investment Potential

This Key Biscayne property offers strong appeal due to its size, modern design, and desirable location. Its spacious layout and amenities attract a wide range of potential buyers and renters, including families and professionals. The large lot and private outdoor space enhance its usability for various lifestyles. Seasonal demand in Key Biscayne supports interest from tenants and buyers looking for a premium residential experience. While no income guarantees are made, the property’s features and location contribute to its attractiveness in the market.

Market Trends

The Key Biscayne real estate market maintains steady interest due to its limited inventory and desirable location. Buyers are drawn to the area’s unique island setting and quality of life. Properties with modern amenities and spacious lots tend to perform well, reflecting ongoing demand for premium homes. The market favors well-maintained residences that offer both privacy and convenience, with buyers appreciating the balance between outdoor space and proximity to urban amenities.

Rental Income Potential

Key Biscayne’s appeal as a residential destination supports consistent tenant interest, especially for larger homes with modern features and outdoor amenities. This property’s size and design make it suitable for families or professionals seeking a comfortable living environment. Seasonal fluctuations in demand are common, with higher interest during peak months. While rental income cannot be guaranteed, the home’s location and features provide a competitive edge in attracting quality tenants.