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31 Island Drive
Key Biscayne, FL 33149
Explore the area: Key Biscayne homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $9,800,000
- Price per sq ft
- $1,682
- Original price
- $11,000,000
- Days on market
- 537
This 6-bedroom single-family home in ZIP 33149 is listed at $9,800,000, or $1,682 per square foot. The asking price has come down 10.9% from its original $11,000,000. It has been on the market for 537 days.
Estimated monthly payment
$51,503 /mo
Principal and interest only, based on $1,960,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $9,800,000
- Days on Site
- 537 Days
- Bedrooms
- 6
- Total Baths
- 7
- Full Baths
- 6
- Partial Baths
- 1
- Living Area
- 5,826 sqft
- Total Sq Ft
- 6,762 sqft
- Lot Size
- 0.44 Acres
- Year Built
- 2004
- Property Type
- Single Family
- MLS #
- A11782945
- Property Tax
- $59,203 (2024)
- Subdivision
- CAPE FLORIDA SUB SEC 3
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
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.
Virtual TourGeneral Features
- Property Type
- Single Family
- Status
- Active
- Year Built
- 2004
- Property Condition
- Resale
- Number of Stories
- 2
- Levels
- Two
- Garage Spaces
- 2
- Attached Garage
- Yes
- Parking
- Attached / Circular Driveway / Garage
- Direction Faces
- Southwest
- Lot Size (Acres)
- 0.44
- Living Sq Ft
- 5,826
- Total Sq Ft
- 6,762
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 2000
Interior Features
- Appliances
- Dishwasher / Electric Water Heater / Disposal / Gas Range / Microwave / Refrigerator
- Cooling
- Central Air / Ceiling Fans / Gas / Other
- Heating
- Other
- Flooring
- Ceramic Tile / Marble / Tile / Wood
- Interior Features
- Bathtub / Closet Cabinetry / Living Dining Room / Main Level Primary / Other / Sitting Area In Primary / Soaking Tub / Separate Shower / Upper Level Primary
- Laundry
- Washer Hookup / Dryer Hookup
- Total Rooms
- 2
Exterior Features
- Construction
- Block
- Roof
- Other
- Exterior Features
- Built In Barbecue / Balcony / Barbecue / Outdoor Living Area / Other
- Architectural Style
- Contemporary
- Private Pool
- Yes
- Pool Features
- In Ground
- Patio & Porch
- Open / Balcony
- Lot Features
- Quarter To Half Acre Lot
- View
- Garden / Pool
Community & HOA
- Pets Allowed
- Yes
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- No Restrictions / Ok To Lease
- MLS Area
- 2520
Schools
- Elementary School
- Key Biscayne K-8
- Middle School
- Ponce De Leon
- High School
- Coral Gables
About the Community
- Homes for Sale
- 7
- Median List Price
- $16,500,000
- Median $/Sq Ft
- $2,323
- Avg Days on Market
- 263
Frequently Asked Questions
- How do I schedule a tour of 31 Island Drive, Key Biscayne, FL 33149?
- Use the Tour button on this listing to request a showing of 31 Island Drive, Key Biscayne, FL 33149. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 31 Island Drive, Key Biscayne, FL 33149 still available?
- 31 Island Drive, Key Biscayne, FL 33149 is currently listed as Active, and has been on the market 537 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 31 Island Drive, Key Biscayne, FL 33149?
- With 20% down ($1,960,000) on the $9,800,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 31 Island Drive, Key Biscayne, FL 33149 is about $51,503/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 31 Island Drive, Key Biscayne, FL 33149?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 31 Island Drive, Key Biscayne, FL 33149. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 31 Island Drive, Key Biscayne, FL 33149?
- 31 Island Drive, Key Biscayne, FL 33149 is zoned for Key Biscayne K-8 (elementary), Ponce De Leon (middle), Coral Gables (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 31 Island Drive, Key Biscayne, FL 33149?
- Often, yes. The right offer on 31 Island Drive, Key Biscayne, FL 33149 depends on how it's priced against comparable single family sales in Key Biscayne, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Gimeza A Real Estate Corp.
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$9,800,000
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Contact us to schedule a showing or ask a question.
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Listed by Fernando Gimenez, Gimeza A Real Estate Corp.
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Recent Sales
Recently sold homes in ZIP 33149
These are the last 6 recorded closings in ZIP 33149, with the price each home actually sold for rather than what it was listed at. They closed at a median of $1,110 per square foot. The most recent closed on September 30, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$1,660,000
Sold · September 30, 2026
613 Ocean Drive 5D
2 bed · 2 bath · 1,496 sqft · $1,110/sqft
$110,000 under the asking price
Sold$2,800,000
Sold · September 28, 2026
738 Fernwood Road
3 bed · 2 bath · 1,312 sqft · $2,134/sqft
$75,000 under the asking price
Sold$1,115,000
Sold · September 25, 2026
181 Crandon Boulevard 308
3 bed · 2 bath · 1,720 sqft · $648/sqft
$35,000 under the asking price
Sold$1,600,000
Sold · September 25, 2026
425 Grapetree Drive 211
2 bed · 3 bath · 1,404 sqft · $1,140/sqft
$145,000 under the asking price
Sold$650,000
Sold · September 25, 2026
300 Galen Drive 306
2 bed · 2 bath · 1,068 sqft · $609/sqft
$70,000 under the asking price
Sold$1,700,000
Sold · September 24, 2026
155 Ocean Lane Drive 300
3 bed · 2 bath · 1,930 sqft · $881/sqft
$400,000 under the asking price
See every recorded sale in ZIP 33149 or find out what your ZIP 33149 home is worth.









