For sale

$16,500,000

131 Cape Florida Dr, Key Biscayne, FL 33149

6beds

7,103sqft

$120,584/mo

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Single Family Residence

Built in 2022

0.34 Acres Lot

$15,239,400 Zestimate^®

$2,323/sqft

$-- HOA

What's special

Private dockResort-style poolOversized islandComplete summer kitchenCovered terraceGlass stone and lightCustom ernesto meda kitchen

Brand-new construction on a 14,900 SF lot with 100 feet of water frontage on Cape Florida Drive, one of Key Biscayne's most coveted addresses. Over 7,000 SF under air is organized around a central living volume where glass, stone and light do the work — soaring ceilings, no wasted space, no borrowed style. The custom Ernesto Meda kitchen pairs Italian craftsmanship with fully integrated appliances and an oversized island, while a complete summer kitchen anchors the covered terrace and is built for how the island actually entertains. Smart-home integration runs lighting, climate, shades, audio, security and cameras from a single interface. Resort-style pool, expansive entertaining terrace and a private dock. Impact glass throughout. Minutes to the Village, Crandon Park, tennis and the beach.

35 days
1,174
139

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 7
Full bathrooms: 6
1/2 bathrooms: 1

Rooms

Room types: Family Room, Great Room, Media Room

Heating

Central, Electric

Cooling

Central Air, Electric

Appliances

Included: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Oven, Washer
Laundry: Laundry Room

Features

Storage
Flooring: Wood
Doors: High Impact Doors

Interior area

Total structure area: 8,589
Total interior livable area: 7,103 sqft

Video & virtual tour

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Property

Parking

Total spaces: 3
Parking features: Additional Spaces Available, Garage Door Opener, Converted Garage
Attached garage spaces: 3

Features

Stories: 2
Entry location: First Floor Entry
Patio & porch: Deck, Open Porch
Exterior features: Barbecue, Built-in Barbecue, Balcony
Has private pool: Yes
Pool features: Above Ground
Has view: Yes
View description: Canal, Lagoon
Has water view: Yes
Water view: Canal,Lagoon
Waterfront features: Ocean Access, Canal Front, WF/Pool/Ocean Access
Frontage length: 100

Lot

Size: 0.34 Acres
Features: Less Than 1/4 Acre Lot

Details

Parcel number: 2452050240190
Zoning: 2000

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Block
Roof: Aluminum,Concrete,Other

Condition

Year built: 2022

Utilities & green energy

Sewer: Public Sewer
Water: Municipal Water

Community & HOA

Community

Features: Additional Amenities
Security: Fire Alarm
Subdivision: Cape Florida Sub Sec 3

HOA

Has HOA: No

Location

Region: Key Biscayne

Financial & listing details

Price per square foot: $2,323/sqft
Tax assessed value: $7,097,750
Annual tax amount: $123,000
Date on market: 9/7/2026
Listing terms: All Cash,Conventional
Ownership: Limited Partnership

Estimated market value

$15,239,400

$14.48M - $16.00M

Not available

Price history

Date	Event	Price
9/7/2026	Listed for sale	$16,500,000-17.5%$2,323/sqft
Source: MIAMI #A12082460 Report a problem
4/3/2023	Listing removed	--
Source: MIAMI #A11255213 Report a problem
11/2/2022	Listing removed	$20,000,000$2,816/sqft
Source: MIAMI #A11255213 Report a problem
8/15/2022	Listed for sale	$20,000,000+177.8%$2,816/sqft
Source: MIAMI #A11255213 Report a problem
7/26/2021	Sold	$7,200,000$1,014/sqft
Source: MIAMI #A11036197 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$106,923 +13.4%	$6,496,490 +10%
2024	$94,318 -11.6%	$5,905,900 -10.4%
2023	$106,719 +8.2%	$6,592,840 +7.5%
2022	$98,631 +248.2%	$6,132,171 +262.2%
2021	$28,323 +5%	$1,692,983 +1.4%
2020	$26,971 +2.1%	$1,669,609 +2.3%
2019	$26,411 +5.4%	$1,632,072 +1.9%
2018	$25,062	$1,601,641 +2.1%
2017	$25,062 +1.2%	$1,568,699 +2.1%
2016	$24,762 -1.6%	$1,536,434 +0.7%
2015	$25,173 -1.5%	$1,525,754 +0.8%
2014	$25,560 +3.2%	$1,513,645 +1.5%
2013	$24,774 +0%	$1,491,276 +1.7%
2012	$24,774 +2.3%	$1,466,349 +3%
2011	$24,216 -5.5%	$1,423,640 +1.5%
2010	$25,627 +8%	$1,402,601 +2.7%
2009	$23,727 +4.3%	$1,365,727 +5.1%
2007	$22,752 -6.8%	$1,299,125
2006	$24,402	--
2005	$24,402 +1.2%	--
2004	$24,110 +3.5%	--
2003	$23,299 +3%	--
2002	$22,621	--
2001	$22,621	--