550 Harbor Dr, Key Biscayne, FL 33149 — MLS photo

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550 Harbor Dr, Key Biscayne, FL 33149

Active · SingleFamilyResidence

$19,450,000

550 Harbor Dr, Key Biscayne, FL 33149

Beds
7
Baths
8
Living area
6,497 sq ft
$ / sq ft
$2,994/sq ft
Year built
2003
Lot size
22,975 sq ft
HOA fee
—
Annual tax
—

About this property

Situated on the exclusive island of Key Biscayne, this extraordinary 7,000sqft waterfront estate sits on a rare double lot located on Hurricane Harbor overlooking tranquil Manatee Lagoon. The property offers an unparalleled sanctuary of luxury and seclusion with features including a 4 car garage ideal for collectors, professionally landscaped yard well suited for outdoor entertaining, 7 bedrooms and 7.5 baths including live-in staff quarters. Expansive living areas flow seamlessly to large outdoor, covered porches becoming your al fresco living room for outdoor dining or relaxing and soaking in the beauty of the natural environment. As the sun hits the horizon, Sunsets light up the sky illuminating the clouds in a breathtaking array of tropical colors. Text listing agent. 24hr notice

Property location

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550 Harbor Dr, Key Biscayne, FL 33149

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Facts & features

Interior

Bedrooms
7
Bathrooms
8
Living area
6,497 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2003
Lot size
22,975 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Miami-Dade
MLS listing ID
A11912105
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

-$75,681

Cap rate
1.0%
Net yield
1.0%
Cash-on-cash return
-16.7%
Gross yield
4.0%
Mortgage payment
$92,203/mo
Down payment
$4,862,500
Loan amount
$14,587,500
Annual NOI
$198,266

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