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VIM Realty Group LLC
Active

$5,990,000

501 Bay Lane, Key Biscayne FL 33149, TROPICAL ISLE HOMES SUB 3, Key Biscayne

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Overview

5 bd · 5 ba · 4,759 sq ft

Prime location on one of Key Biscayne’s most exclusive residential streets, surrounded by some of the island’s most prestigious waterfront estates. An exceptional opportunity to own a substantial residence in the heart of Miami’s island paradise. Situated on a generous 10,000 SF lot, this light-filled home offers 4,759 SF of living space, five bedrooms, four full bathrooms and one half bathroom, providing wonderful space, privacy, and flexibility for today’s lifestyle. High ceilings and abundant natural light enhance the home’s generous proportions, while well-defined living, dining, and family areas create a comfortable and functional floor plan for both everyday living and entertaining. The interior spaces open to an expansive covered terrace, creating a natural connection to the outdoors and allowing for year-round enjoyment of South Florida living. Surrounded by lush, mature landscaping, the private backyard features a beautiful swimming pool and generous areas for outdoor dining, entertaining, and spending time with family and friends. Built in 1995 and complete with a garage, the residence can be enjoyed as it is today while offering endless possibilities to personalize and enhance over time. A rare opportunity to make this home your own while enjoying an exceptional address, privacy, and the extraordinary lifestyle that make Key Biscayne one of South Florida’s most desirable places to call home

Amenities & features

Interior

  • First Floor Entry
  • Built-in Features
  • Walk-In Closet(s)
  • Den/Library/Office
  • Family Room

Pool

  • In Ground

Views

  • Garden

Appliances

  • Dishwasher
  • Dryer
  • Electric Range
  • Electric Water Heater
  • Microwave
  • Refrigerator
  • Wall Oven
  • Washer

Flooring

  • Ceramic Floor
  • Tile

Parking

  • Circular Driveway
  • Covered
  • Driveway

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Property data on this website comes in part from the Southeast Florida Multiple Listing Service of MIAMI Association of REALTORS®. Listings held by brokerages other than VIM Realty Group LLC are identified by the listing brokerage or IDX mark. The information is for consumers’ personal, non-commercial use to identify properties of interest. It is considered reliable but is not guaranteed. All measurements, including square footage, are approximate and should be verified independently. © 2026 MIAMI Association of REALTORS®. Equal Housing Opportunity.

This website is not the MLS.