Cays Realty
31 Island Dr, Key Biscayne, FL 33149 — MLS photo

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31 Island Dr, Key Biscayne, FL 33149

Active · SingleFamilyResidence

$9,800,000

31 Island Dr, Key Biscayne, FL 33149

Beds
6
Baths
7
Living area
5,826 sq ft
$ / sq ft
$1,682/sq ft
Year built
2004
Lot size
19,236 sq ft
HOA fee
—
Annual tax
$59,203

About this property

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.

Property location

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31 Island Dr, Key Biscayne, FL 33149

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Facts & features

Interior

Bedrooms
6
Bathrooms
7
Living area
5,826 sq ft
Flooring
Ceramic Tile, Hardwood, Marble, Tile, Wood
Appliances
Dishwasher, Electric Water Heater, Disposal, Gas Range, Microwave, Other, Refrigerator
Cooling
Central Air, Ceiling Fans, Gas, Other
Heating
Other
Interior features
Bedroom On Main Level, Closet Cabinetry, First Floor Entry, Handicap Access, Living Dining Room, Other, Sitting Area In Primary, Separate Shower, Upper Level Primary
Furnished
Negotiable

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2004
Lot size
19,236 sq ft
Architectural style
Contemporary Modern, Two Story
Roof
Other
Construction
Block
Exterior features
Balcony, Fence, Security High Impact Doors, Outdoor Grill, Other
Pool
In Ground, Pool
View
Garden, Pool

Parking

Garage spaces
2
Covered spaces
2
Parking features
Attached, Circular Driveway, Garage, Other

HOA, Community & Financials

Pets allowed
Yes
Annual tax
$59,203
Subdivision
CAPE FLORIDA SUB SEC 3
County
Miami-Dade
Days on market
536
MLS listing ID
A11782945
Listing status
Active

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Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$23,414

Cap rate
2.8%
Net yield
2.8%
Cash-on-cash return
-10.2%
Gross yield
4.6%
Mortgage payment
$46,457/mo
Down payment
$2,450,000
Loan amount
$7,350,000
Annual NOI
$276,517

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.