Skip main navigation
Off market
  • $10,372,500

    40 Island Dr, Key Biscayne, FL 33149

    6beds
    4,108sqft
    SingleFamily
    Built in 1969
    0.34 Acres Lot
    $10,372,500 Zestimate®
    $2,525/sqft
    $45,060 Estimated rent

    Home value

    $10,372,500

    $9.13M - $11.82M

    $45,060/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $45,060/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $45,060/mo

    Rent Zestimate®

    Refinance and save

    $70,984/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $70,984/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Stunning, magazine quality waterfront home on the exclusive & idyllic island of Key Biscayne. Enjoy water views from light-filled living spaces w/ soaring, vaulted wood-beamed ceilings, a striking white color palette & a modern vibe throughout. Updates include new: limestone flooring, spa-like baths, impact glass, interior & exterior Sonos sound system, new dock w/adjoining floating dock and new stone terrace & pool deck. European-style kitchen features black granite countertops, Viking appliances & breakfast area. Lush, tropical garden surrounds the resort-like outdoor space that offers an expansive covered terrace, pool & gazebo w/ spectacular wide basin and sunset views. Protected, private dock will accommodate up to 60 boat and no bridges to the bay w/direct ocean access.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 7
    • Full bathrooms: 6
    • 1/2 bathrooms: 1
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
    Features
    • First Floor Entry, French Doors, Walk-In Closets, Vaulted Ceilings, Foyer Entry, Roman Tub, Closet Cabinetry
    • Flooring: Other
    Interior area
    • Total interior livable area: 4,108 sqft

    Property

    Parking
    • Parking features: Off-street
    Features
    • Exterior features: Other
    Lot
    • Size: 0.34 Acres
    Details
    • Parcel number: 2452050240120

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • concrete
    • Roof: Other
    Condition
    • Year built: 1969

    Community & neighborhood

    Location
    • Region: Key Biscayne

    Other

    Other facts
    • Construction Type: CBS Construction
    • Cooling Description: Central Cooling, Electric Cooling, Ceiling Fans
    • Equipment Appliances: Dishwasher, Electric Range, Refrigerator, Electric Water Heater, Dryer, Wall Oven, Microwave, Washer, Owned Burglar Alarm, Circuit Breaker
    • Bedroom Description: Other
    • Design: Detached
    • Front Exposure: East
    • Heating Description: Central Heat, Electric Heat
    • Housing Older Persons Act: No HOPA
    • Listing Type: Exclusive Right to Sell/Rent
    • Exterior Features: Exterior Lighting, Fence, Open Porch, Deck, High Impact Doors, Open Balcony, Outdoor Shower
    • Membership Purch Rqd YN: 0
    • Pets Allowed YN: 1
    • Lot Description: 1/4 To Less Than 1/2 Acre Lot
    • Interior Features: First Floor Entry, French Doors, Walk-In Closets, Vaulted Ceilings, Foyer Entry, Roman Tub, Closet Cabinetry
    • Pool YN: 1
    • Parking Description: Driveway, Pavers
    • Property Type: Single Family
    • Restrictions: Other Restrictions
    • Roof Description: Barrel Roof
    • Rooms Description: Family Room, Utility Room/Laundry, Den/Library/Office
    • Special Information: As Is, Disclosure, Completely Renovated
    • Sewer Description: Municipal Sewer
    • Terms Considered: All Cash, Conventional
    • Typeof Property: Single
    • Water Description: Municipal Water
    • Year Built Description: Resale
    • Dining Description: Formal Dining, Snack Bar/Counter, Breakfast Area
    • Master Bathroom Description: Dual Sinks
    • Tax Information: Tax Reflects City & County Tax
    • Pool Description: Below Ground Pool
    • Subdivision Information: Public Road
    • Sprinkler Description: Auto Sprinkler
    • Style: WF/Pool/Ocean Access
    • Floor Description: Other Floors
    • Design Description: Substantially Remodeled, Two Story
    • View: Canal, Water View
    • Water Access: Private Dock
    • Windows Treatment: Impact Glass, High Impact Windows
    • Waterfront Description: No Fixed Bridges, Ocean Access, Canal Front
    • Waterfront Property YN: 1
    • Typeof Contingencies: No Contingencies
    • Section: 5
    • Garage Description: Attached
    • For Lease YN: 0
    • Storm Protection: Complete Impact Glass
    • Boat Services: Private Dock
    • Status: Active With Contract

    Price history

    DateEventPrice
    12/3/2020Sold$5,918,220-10.3%$1,441/sqft
    Source: MIAMI #A10759872 Report a problem
    6/17/2020Price change$6,600,000-5.6%$1,607/sqft
    Source: BHHS EWM Realty #A10759872 Report a problem
    10/21/2019Listed for sale$6,995,000+143.3%$1,703/sqft
    Source: BHHS EWM Realty #A10759872 Report a problem
    4/1/2011Listing removed$15,000$4/sqft
    Source: ONE Sotheby's International Realty #M1423048 Report a problem
    1/7/2011Listed for rent$15,000$4/sqft
    Source: ONE Sotheby's International Realty #M1423048 Report a problem
    10/4/2004Sold$2,875,000+59.7%$700/sqft
    Source: Public Record Report a problem
    2/7/2003Sold$1,800,000$438/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$71,625 +2.3%$4,524,248 +2.9%
    2024$70,032 +1.3%$4,396,743 +3%
    2023$69,108 +4.1%$4,268,683 +3%
    2022$66,412 -0.4%$4,144,353 +3%
    2021$66,684 +62.4%$4,023,644 +59.5%
    2020$41,072 +2.1%$2,523,224 +2.3%
    2019$40,230 +5.4%$2,466,495 +1.9%
    2018$38,185 $2,420,506 +2.1%
    2017$38,185 +1.2%$2,370,721 +2.1%
    2016$37,726 -1.7%$2,321,960 +0.7%
    2015$38,364 -1.5%$2,305,820 +0.8%
    2014$38,952 +3.1%$2,287,520 +1.5%
    2013$37,769 0%$2,253,715 +1.7%
    2012$37,769 -15.9%$2,216,043 +3%
    2011$44,890 -5.6%$2,151,499 -16.3%
    2010$47,536 -14.3%$2,569,704 -18.3%
    2009$55,494 +4.9%$3,143,996 +4%
    2007$52,906 +18.7%$3,024,375
    2006$44,556 --
    2005$44,556 +27.8%--
    2004$34,858 +98.2%--
    2003$17,590 +3%--
    2002$17,070 --
    2001$17,070 --

    Find assessor info on the county website

    Neighborhood: 33149

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $10,372,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $10,372,500