161 Cape Florida Drive, Key Biscayne, FL 33149

$14,490,000 — Active

Property Features

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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.

▼ Price Reduced — originally listed at $14,990,000

Property Details

  • Listing ID: A12051668
  • Status: Active
  • Listing Date: 2026-08-03
  • Property Type: Single Family Residence
  • Subdivision: CAPE FLORIDA SUB SEC 3
  • County: Miami-Dade
  • MLS Area: 2520
  • Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Living Area Sq Ft: 6,661
  • Year Built: 1983

Financial

  • List Price: $14,490,000
  • Original List Price: $14,990,000
  • HOA Fee: None
  • Taxes: $148,596/yr

Features & Amenities

  • View: Canal
  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Parking: Attached Carport, Circular Driveway, Covered, Driveway, Electric Vehicle Charging Station(s), Carpor
  • Cooling: Electric
  • Heating: None
  • Flooring: Ceramic Tile, Other, Tile
  • Construction: CBS
  • Roof: Other
  • Interior Features: Built-in Features, High Ceilings, Other, Pantry, Walk-In Closet(s), Closet Cabinetry, Storage
  • Exterior Features: Barbecue, Lighting, Other, Balcony
  • Community Amenities: Fitness Center, Pool

Courtesy of One Sotheby's International Realty
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© 2026 Starfish Real Estate. Listing data is derived from the Broker Reciprocity Program of the Realtor Association of Indian River County (RAIRC) and BeachsMLS. Properties listed by brokers other than Starfish Real Estate are identified with the applicable MLS logo and include the listing broker's name. Not all properties available through either MLS may be displayed. All MLS data is the copyrighted property of the respective MLS and its participants. Data is deemed reliable but is not guaranteed accurate and should be independently verified prior to entering into any transaction.