$4,400,000
Sold · April 8, 2026
315 Palmwood Lane
Key Biscayne, FL 33149
Explore the area: Key Biscayne homes for sale · Miami Dade County real estate
Sale Summary
What this home sold for
- Sold price
- $4,400,000
- Vs. list price
- 4.3% under
- Days on market
- 30
- Price per sq ft
- $1,362
This 5-bedroom single-family home in Tropical Isle Homes Sub 3 sold for $4,400,000 on April 8, 2026. That was 4.3% below its final list price of $4,600,000. It spent 30 days on the market. At $1,362 per square foot, it closed 32.2% below the $2,009 median of the 6 other single-family home sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $4,400,000
- Sold On
- April 8, 2026
- Days on Site
- 30 Days
- Bedrooms
- 5
- Total Baths
- 5
- Full Baths
- 5
- Partial Baths
- 0
- Living Area
- 3,230 sqft
- Total Sq Ft
- 4,312 sqft
- Lot Size
- 0.17 Acres
- Year Built
- 1995
- Property Type
- Single Family
- MLS #
- A11947798
- Property Tax
- $26,768 (2025)
- Subdivision
- TROPICAL ISLE HOMES SUB 3
- County
- Miami Dade
- Status
- Sold
- Special Conditions
- Listed As Is
About This Property
Elevated, 3,626sf adjusted area, fully rebuilt, renovated 5 beds/5 baths home in 2021. It was stripped to its core, leaving only select structural walls. All plumbing, electrical systems, roofing, flooring, ceilings, impact doors and windows, façade, and infrastructure were completely replaced—creating a virtually NEW HOME. This smart home features all-new 2021 appliances, dual Nest AC controls, a gas water heater, an electronic lock, Ring, 7 exterior cameras, interior motion sensors, and door/window alarms—all managed via mobile apps. A whole-house audio/video system. Italian ceramic flooring throughout. Italian kitchen with Miele appliances, gas cooktop, an oversized refrigerator and freezer, custom cabinetry, and pantry storage. Enclosed TV room with 5.1 home theater, adjacent full bath; separate office; guest bedroom with full bath; and laundry room with XXL LG gas washer/dryer. The second floor offers three bedrooms with independent A/C control, a spacious primary suite with multiple custom closets, a primary bath with European finishes and a Toto electric toilet, plus a second full bath. Exterior features include a new saltwater pool, a covered terrace with a BBQ, artificial turf, solar lighting, an irrigation system, enclosed 2-car garage, service quarters with a full bath, side pool access, a perimeter wall, a gas tank, storage, and a Wi-Fi repeater. A rare, fully modernized Key Biscayne home combining privacy, technology, hurricane protection and European finishes.
MLS media linkGeneral Features
- Property Type
- Single Family
- Status
- Sold
- Year Built
- 1995
- Property Condition
- New Construction / Resale / Updated Remodeled
- New Construction
- Yes
- Number of Stories
- 2
- Levels
- Two
- Garage Spaces
- 2
- Attached Garage
- Yes
- Parking
- Attached / Covered / Garage / Golf Cart Garage / Garage Door Opener
- Direction Faces
- South
- Lot Size (Acres)
- 0.17
- Living Sq Ft
- 3,230
- Total Sq Ft
- 4,312
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 0100
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Water Heater / Disposal / Gas Range / Gas Water Heater / Microwave / Refrigerator / Washer
- Cooling
- Central Air / Ceiling Fans
- Heating
- Natural Gas
- Flooring
- Ceramic Tile
- Interior Features
- Breakfast Bar / Breakfast Area / Closet Cabinetry / Dual Sinks / Kitchen Island / Living Dining Room / Main Level Primary / Pantry / Split Bedrooms / Separate Shower / Upper Level Primary / Walk In Closets
- Windows
- Blinds
- Furnished
- Unfurnished
Exterior Features
- Construction
- Block
- Roof
- Built Up
- Exterior Features
- Built In Barbecue / Barbecue / Outdoor Living Area
- Private Pool
- Yes
- Pool Features
- Pool Equipment
- Patio & Porch
- Deck / Porch
- Lot Features
- Sprinklers Automatic
- View
- Garden / Pool
Community & HOA
- Association Amenities
- Gated
- Security
- Smoke Detectors
- Utilities
- Cable Available
- Pets Allowed
- Size Limit / Yes
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional / Va Loan
- 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
- 10
- Under Contract
- 2
- Median List Price
- $6,445,000
- Median $/Sq Ft
- $1,791
- Avg Days on Market
- 172
Frequently Asked Questions
- How do I schedule a tour of 315 Palmwood Lane, Key Biscayne, FL 33149?
- Use the Tour button on this listing to request a showing of 315 Palmwood Lane, 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 315 Palmwood Lane, Key Biscayne, FL 33149 still available?
- 315 Palmwood Lane, Key Biscayne, FL 33149 is currently listed as Sold, and has been on the market 30 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 315 Palmwood Lane, Key Biscayne, FL 33149?
- With 20% down ($920,000) on the $4,600,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 315 Palmwood Lane, Key Biscayne, FL 33149 is about $24,175/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 315 Palmwood Lane, Key Biscayne, FL 33149?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 315 Palmwood Lane, 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 315 Palmwood Lane, Key Biscayne, FL 33149?
- 315 Palmwood Lane, 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 315 Palmwood Lane, Key Biscayne, FL 33149?
- Often, yes. The right offer on 315 Palmwood Lane, 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 The Keyes Company
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 July 1, 2026.
$4,400,000
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Listed by Marina Beatriz Velazquez Valiente, The Keyes Company
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Recent Sales
Recently sold homes in Tropical Isle Homes Sub 3
These are the last 6 recorded closings in Tropical Isle Homes Sub 3, with the price each home actually sold for rather than what it was listed at. They closed at a median of $2,022 per square foot. The most recent closed on October 5, 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$7,767,500
Sold · October 5, 2026
165 Hampton Lane
6 bed · 8.5 bath · 3,842 sqft · $2,022/sqft
$482,500 under the asking price
Sold$3,100,000
Sold · August 24, 2026
301 Hampton Lane
4 bed · 3 bath · 2,068 sqft · $1,499/sqft
$100,000 under the asking price
Sold$17,500,000
Sold · July 8, 2026
230 Harbor Drive
7 bed · 7.5 bath · 6,240 sqft · $2,804/sqft
$4,300,000 under the asking price
Sold$2,800,000
Sold · June 30, 2026
355 Redwood Lane
3 bed · 2 bath · 1,403 sqft · $1,996/sqft
$175,000 under the asking price
Sold$2,600,000
Sold · June 29, 2026
301 Redwood Lane
3 bed · 2 bath · 1,333 sqft · $1,950/sqft
$400,000 under the asking price
Sold$3,000,000
Sold · May 6, 2026
310 Greenwood Drive
3 bed · 2 bath · 1,304 sqft · $2,301/sqft
$400,000 under the asking price
See every recorded sale in Tropical Isle Homes Sub 3 or find out what your Tropical Isle Homes Sub 3 home is worth.
