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.
For sale
Price cut: $500K (10/12)
$14,490,000
161 Cape Florida Dr, Key Biscayne, FL 33149
4beds
6,661sqft
Single Family Residence
Built in 1983
0.33 Acres Lot
$13,723,300 Zestimate®
$2,175/sqft
$-- HOA
What's special
Resort-style poolPrivate officeGenerous sun-drenched terracesThoughtfully and completely remodeledBrand-new roofBathed in natural lightElegant interiors
- 71 days
- 504
- 28
Zillow last checked:
Listing updated:
Listed by:
Brigitte Nachtigall MLS@onesothebysrealty.com,
One Sotheby's International Realty,
Cassio Galiza PA 305-319-2777,
One Sotheby's International Realty
Source: MIAMI,MLS#: A12051668
Originating MLS: A-Miami Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 6
- Full bathrooms: 4
- 1/2 bathrooms: 2
Rooms
- Room types: Den/Library/Office, Family Room, Media Room
Heating
- None
Cooling
- Electric
Appliances
- Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Other, Refrigerator, Oven, Washer
- Laundry: In Garage
Features
- Built-in Features, Closet Cabinetry, Other, Pantry, Volume Ceilings, Walk-In Closet(s), Storage
- Flooring: Ceramic Tile, Other, Tile
- Windows: Skylight(s), Blinds
Interior area
- Total structure area: 8,079
- Total interior livable area: 6,661 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached Carport, Circular Driveway, Covered, Driveway, Electric Vehicle Charging Station(s)
- Carport spaces: 2
- Has uncovered spaces: Yes
Features
- Stories: 2
- Entry location: First Floor Entry
- Patio & porch: Deck, Patio
- Exterior features: Barbecue, Lighting, Balcony, Other
- Has private pool: Yes
- Pool features: In Ground, Heated, Community
- Has view: Yes
- View description: Canal
- Has water view: Yes
- Water view: Canal
- Waterfront features: Ocean Access, Canal Front, WF/Pool/Ocean Access
- Frontage length: 100
Lot
- Size: 0.33 Acres
- Features: 1/4 To Less Than 1/2 Acre Lot
Details
- Parcel number: 2452050240220
- Zoning: 2000
- Other equipment: Other
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Modern/Contemporary
- Property subtype: Single Family Residence
Materials
- CBS Construction
- Roof: Other
Condition
- Year built: 1983
Utilities & green energy
- Sewer: Public Sewer
- Water: Municipal Water
Community & HOA
Community
- Features: Fitness Center, Pool, Exercise Room
- Security: Smoke Detector
- Subdivision: Cape Florida Sub Sec 3
HOA
- Has HOA: No
Location
- Region: Key Biscayne
Financial & listing details
- Price per square foot: $2,175/sqft
- Tax assessed value: $9,615,311
- Annual tax amount: $148,596
- Date on market: 8/3/2026
- Listing terms: All Cash,Conventional
Estimated market value
$13,723,300
$13.04M - $14.41M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/12/2026 | Price change | $14,490,000-3.3%$2,175/sqft |
Source: | ||
| 8/3/2026 | Listed for sale | $14,990,000+2.7%$2,250/sqft |
Source: | ||
| 7/8/2026 | Listing removed | $14,590,000$2,190/sqft |
Source: | ||
| 4/7/2026 | Price change | $14,590,000-2.7%$2,190/sqft |
Source: | ||
| 2/2/2026 | Price change | $14,990,000-2.6%$2,250/sqft |
Source: | ||
| 1/12/2026 | Price change | $15,390,000-2.5%$2,310/sqft |
Source: | ||
| 8/25/2025 | Listed for sale | $15,790,000-1.3%$2,371/sqft |
Source: | ||
| 1/7/2025 | Price change | $15,990,000-5.9%$2,401/sqft |
Source: | ||
| 12/11/2024 | Price change | $16,990,000-2.9%$2,551/sqft |
Source: | ||
| 7/11/2024 | Listed for sale | $17,490,000-7.5%$2,626/sqft |
Source: | ||
| 6/29/2024 | Listing removed | $18,900,000$2,837/sqft |
Source: | ||
| 12/12/2023 | Listing removed | $18,900,000$2,837/sqft |
Source: | ||
| 12/12/2023 | Listed for sale | $18,900,000-13.7%$2,837/sqft |
Source: | ||
| 11/30/2023 | Listing removed | -- |
Source: | ||
| 10/30/2023 | Price change | $21,900,000-8.4%$3,288/sqft |
Source: | ||
| 5/9/2023 | Listed for sale | $23,900,000+162.6%$3,588/sqft |
Source: | ||
| 8/17/2021 | Sold | $9,100,000-12.8%$1,366/sqft |
Source: | ||
| 7/7/2021 | Pending sale | $10,440,000$1,567/sqft |
Source: | ||
| 6/15/2021 | Contingent | $10,440,000$1,567/sqft |
Source: | ||
| 1/26/2021 | Price change | $10,440,000-2.4%$1,567/sqft |
Source: | ||
| 12/2/2020 | Listed for sale | $10,700,000+52.9%$1,606/sqft |
Source: | ||
| 2/22/2016 | Sold | $7,000,000-20.4%$1,051/sqft |
Source: Public Record Report a problem | ||
| 6/6/2015 | Listing removed | $35,000$5/sqft |
Source: Miami Association of Realtors #A2109510 Report a problem | ||
| 6/5/2015 | Listing removed | $8,795,000+282.4%$1,320/sqft |
Source: Fortune International Realty #A1953483 Report a problem | ||
| 5/27/2015 | Listed for rent | $35,000$5/sqft |
Source: Fortune International Realty #A2109510 Report a problem | ||
| 7/18/2000 | Sold | $2,300,000+76.9%$345/sqft |
Source: Public Record Report a problem | ||
| 12/17/1998 | Sold | $1,300,000$195/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $148,597 +10.5% | $9,333,883 +10% |
| 2024 | $134,421 +4.8% | $8,485,349 +6.5% |
| 2023 | $128,294 +6.2% | $7,964,388 +5.8% |
| 2022 | $120,850 +45.7% | $7,530,427 +51.4% |
| 2021 | $82,961 +0.6% | $4,973,490 -0.3% |
| 2020 | $82,454 -0.6% | $4,990,445 -0.3% |
| 2019 | $82,935 -1.5% | $5,007,398 -4.7% |
| 2018 | $84,234 | $5,256,353 -0.3% |
| 2017 | $84,234 -1.2% | $5,273,310 -3.5% |
| 2016 | $85,248 -0.6% | $5,465,310 +7.8% |
| 2015 | $85,763 +2.1% | $5,071,736 +8.2% |
| 2014 | $83,962 +20% | $4,688,092 +10% |
| 2013 | $69,969 +10% | $4,261,902 +17% |
| 2011 | $63,604 +3.9% | $3,642,396 +11.8% |
| 2010 | $61,201 -13.8% | $3,258,946 -18% |
| 2009 | $71,035 -6.7% | $3,975,451 -8.6% |
| 2007 | $76,101 +27.6% | $4,351,493 |
| 2006 | $59,651 | -- |
| 2005 | $59,651 +24.9% | -- |
| 2004 | $47,777 +8.4% | -- |
| 2003 | $44,060 +29.7% | -- |
| 2002 | $33,965 | -- |
| 2001 | $33,965 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 33149
Nearby schools
Schools provided by the listing agent
- Elementary: Keybiscayne
- Middle: Ponce De Leon
- High: Coral Gables
Source: MIAMI. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







