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.
For sale
Price cut: $400K (4/29)
$9,800,000
31 Island Dr, Key Biscayne, FL 33149
6beds
5,826sqft
Single Family Residence
Built in 2004
0.44 Acres Lot
$-- Zestimate®
$1,682/sqft
$-- HOA
What's special
- 449 days |
- 193 |
- 13 |
Zillow last checked:
Listing updated:
Listed by:
Fernando Gimenez 786-252-4552,
Gimeza A Real Estate Corp.,
Claudio Nieto 305-898-7109,
Gimeza A Real Estate Corp.
Source: MIAMI,MLS#: A11782945
Originating MLS: A-Miami Association of REALTORS
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 7
- Full bathrooms: 6
- 1/2 bathrooms: 1
Rooms
- Room types: Den/Library/Office
Heating
- Other
Cooling
- Ceiling Fan(s), Central Air, Gas, Other
Appliances
- Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Other, Gas Range, Refrigerator
- Laundry: Washer/Dryer Hook-Up
Features
- Closet Cabinetry, Other
- Flooring: Ceramic Tile, Marble, Tile, Wood
- Doors: High Impact Doors
Interior area
- Total structure area: 6,762
- Total interior livable area: 5,826 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Circular Driveway, Other
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible
Features
- Stories: 2
- Entry location: First Floor Entry
- Exterior features: Built-in Barbecue, Balcony, Other
- Has private pool: Yes
- Pool features: In Ground, Pool Only
- Fencing: Fenced
- Has view: Yes
- View description: Garden, Pool
Lot
- Size: 0.44 Acres
- Features: 1/4 To Less Than 1/2 Acre Lot
Details
- Parcel number: 2452050240060
- Zoning: 2000
- Other equipment: Other
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Modern/Contemporary
- Property subtype: Single Family Residence
Materials
- Concrete Block Construction
- Roof: Other
Condition
- Year built: 2004
Utilities & green energy
- Sewer: Public Sewer
- Water: Municipal Water
Community & HOA
Community
- Subdivision: Cape Florida Sub Sec 3
HOA
- Has HOA: No
Location
- Region: Key Biscayne
Financial & listing details
- Price per square foot: $1,682/sqft
- Tax assessed value: $6,381,294
- Annual tax amount: $59,203
- Date on market: 4/12/2025
- Listing terms: All Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/29/2026 | Price change | $9,800,000-3.9%$1,682/sqft |
Source: | ||
| 1/11/2026 | Price change | $10,200,000-7.3%$1,751/sqft |
Source: | ||
| 4/12/2025 | Listed for sale | $11,000,000$1,888/sqft |
Source: | ||
| 3/22/2025 | Listing removed | $11,000,000$1,888/sqft |
Source: | ||
| 3/6/2025 | Listed for sale | $11,000,000+24344.4%$1,888/sqft |
Source: | ||
| 7/15/2014 | Sold | $45,000-99.1%$8/sqft |
Source: Public Record Report a problem | ||
| 2/23/2014 | Price change | $4,870,000-2%$836/sqft |
Source: Great Properties International LLC #A1775828 Report a problem | ||
| 5/24/2013 | Price change | $4,970,000-3.9%$853/sqft |
Source: Great Properties International #A1775828 Report a problem | ||
| 4/20/2013 | Listed for sale | $5,170,000+124.8%$887/sqft |
Source: Great Properties International #A1775828 Report a problem | ||
| 3/8/2011 | Listing removed | $2,300,000$395/sqft |
Source: Fortune International Realty Report a problem | ||
| 1/30/2011 | Listed for sale | $2,300,000-18.7%$395/sqft |
Source: Fortune International Realty Report a problem | ||
| 8/4/2004 | Sold | $2,830,000+152.7%$486/sqft |
Source: Public Record Report a problem | ||
| 8/13/2001 | Sold | $1,120,000$192/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $60,558 +2.3% | $3,813,157 +2.9% |
| 2024 | $59,203 +1.3% | $3,705,692 +3% |
| 2023 | $58,426 +4.2% | $3,597,760 +3% |
| 2022 | $56,066 -0.4% | $3,492,971 +3% |
| 2021 | $56,281 +3% | $3,391,234 +1.4% |
| 2020 | $54,635 -11.2% | $3,344,413 -10.9% |
| 2019 | $61,556 +3% | $3,754,684 -0.3% |
| 2018 | $59,761 | $3,767,491 -8.3% |
| 2017 | $59,761 -9.2% | $4,110,029 +2.1% |
| 2016 | $65,827 -1.7% | $4,025,494 +0.7% |
| 2015 | $66,958 +39.6% | $3,997,512 +42.3% |
| 2014 | $47,978 +3.1% | $2,809,223 +1.5% |
| 2013 | $46,527 0% | $2,767,708 +1.7% |
| 2012 | $46,527 +2.3% | $2,721,444 +3% |
| 2011 | $45,487 -7.2% | $2,642,179 -0.2% |
| 2010 | $49,002 -9.3% | $2,647,651 -13.5% |
| 2009 | $54,041 -18% | $3,062,475 -18.7% |
| 2007 | $65,914 +53% | $3,768,443 |
| 2006 | $43,085 | -- |
| 2005 | $43,085 +106.4% | -- |
| 2004 | $20,878 +8.6% | -- |
| 2003 | $19,218 +50.3% | -- |
| 2002 | $12,790 | -- |
| 2001 | $12,790 | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 33149
Nearby schools
GreatSchools rating
- 8/10Key Biscayne K-8 CenterGrades: PK-8Distance: 0.6 mi
- 5/10Coral Gables Senior High SchoolGrades: PK,9-12Distance: 7.2 mi
- 6/10Ponce De Leon Middle SchoolGrades: 6-8Distance: 7.3 mi
Schools provided by the listing agent
- Elementary: Keybiscayne
- High: Mast Academy
Source: MIAMI. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Miami-Dade County
- Key Biscayne
- 33149
- 31 Island Dr






