420 Island Dr, Key Biscayne, FL 33149 — MLS photo

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420 Island Dr, Key Biscayne, FL 33149

Active · SingleFamilyResidence

$12,485,000

420 Island Dr, Key Biscayne, FL 33149

Beds
6
Baths
8
Living area
6,405 sq ft
$ / sq ft
$1,949/sq ft
Year built
2017
Lot size
13,651 sq ft
HOA fee
—
Annual tax
—

About this property

Spectacular and impeccably appointed modern residence situated on a 13,651 SF lot on prestigious Island Drive—one of Key Biscayne’s most elevated streets. Boasting a total of 8,011 SF, this 6-bedroom, 6 full bath + 2 half bath home is open, bright, and flooded with natural light throughout. Enjoy breathtaking water views and private access to the water in a setting that blends refined luxury with ultimate privacy. This residence showcases exquisitely curated, high-end designer finishes, a dramatic wine cellar, two expansive family rooms, and a closed 2-car garage. The outdoor living area is equally impressive, featuring a sleek summer kitchen and lush, professionally designed landscaping—ideal for elegant island living and entertaining. Per approved plans 6,405 SF under AC -8,682 SF Total

Property location

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420 Island Dr, Key Biscayne, FL 33149

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Facts & features

Interior

Bedrooms
6
Bathrooms
8
Living area
6,405 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2017
Lot size
13,651 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Miami-Dade
MLS listing ID
A11812864
Listing status
Active

Investment intelligence

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

-$44,959

Cap rate
1.4%
Net yield
1.4%
Cash-on-cash return
-15.4%
Gross yield
4.4%
Mortgage payment
$59,185/mo
Down payment
$3,121,250
Loan amount
$9,363,750
Annual NOI
$170,710

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