$12,485,000
420 Island Drive
Key Biscayne, FL 33149
CAPE FLORIDA SUB SEC 1
Explore the area: Key Biscayne homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $12,485,000
- Price per sq ft
- $1,949
- Original price
- $14,000,000
- Days on market
- 481
This 6-bedroom single-family home in ZIP 33149 is listed at $12,485,000, or $1,949 per square foot. The asking price has come down 10.8% from its original $14,000,000. It has been on the market for 481 days.
Estimated monthly payment
$65,614 /mo
Principal and interest only, based on $2,497,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $12,485,000
- Days on Site
- 481 Days
- Bedrooms
- 6
- Total Baths
- 8
- Full Baths
- 6
- Partial Baths
- 2
- Living Area
- 6,405 sqft
- Total Sq Ft
- 8,682 sqft
- Lot Size
- 0.31 Acres
- Year Built
- 2017
- Property Type
- Single Family
- MLS #
- A11812864
- Property Tax
- $88,746 (2024)
- Subdivision
- CAPE FLORIDA SUB SEC 1
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
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
Virtual TourGeneral Features
- Property Type
- Single Family
- Status
- Active
- Year Built
- 2017
- Property Condition
- Resale
- Number of Stories
- 2
- Levels
- Two
- Garage Spaces
- 0
- Parking
- Covered / Garage / Golf Cart Garage / Garage Door Opener
- Direction Faces
- West
- Lot Size (Acres)
- 0.31
- Living Sq Ft
- 6,405
- Total Sq Ft
- 8,682
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 2000
Interior Features
- Appliances
- Electric Water Heater / Ice Maker / Microwave / Oven / Refrigerator / Washer
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Marble
- Interior Features
- Bidet / Built In Features / Bathtub / Dual Sinks / High Ceilings / Kitchen Island / Custom Mirrors / Main Level Primary / Pantry / Sitting Area In Primary / Split Bedrooms / Soaking Tub / Separate Shower / Vaulted Ceilings / Walk In Closets
- Laundry
- Laundry Tub
Exterior Features
- Construction
- Block
- Roof
- Aluminum / Other
- Exterior Features
- Other
- Private Pool
- Yes
- Pool Features
- In Ground
- Lot Features
- Quarter To Half Acre Lot
- Waterfront
- Yes
- Waterfront Features
- Canal Front
- Frontage
- Waterfront
- Frontage Length
- 27.00 ft
- View
- Canal
Community & HOA
- Association Amenities
- None / Boat Dock
- Financing Terms
- Cash / Conventional
- Restrictions
- Other Restrictions
- MLS Area
- 2520
Schools
- Elementary School
- Key Biscayne K-8
- Middle School
- Ponce De Leon
- High School
- Coral Gables
About the Area
Browse Key Biscayne homes for sale across every neighborhood and price point in Miami-Dade. Available homes span single-family, townhome, and condo segments throughout the city. Key Biscayne includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Miami-Dade, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Miami-Dade market data, see Florida Realtors' monthly statistics. Browse the latest Key Biscayne listings below. Then connect with a Pure Equity agent to schedule a private showing.
- Homes for Sale
- 186
- Median List Price
- $2,490,000
- Median $/Sq Ft
- $1,151
- Avg Days on Market
- 130
Frequently Asked Questions
- How do I schedule a tour of 420 Island Drive, Key Biscayne, FL 33149?
- Use the Tour button on this listing to request a showing of 420 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 420 Island Drive, Key Biscayne, FL 33149 still available?
- 420 Island Drive, Key Biscayne, FL 33149 is currently listed as Active, and has been on the market 481 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 420 Island Drive, Key Biscayne, FL 33149?
- With 20% down ($2,497,000) on the $12,485,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 420 Island Drive, Key Biscayne, FL 33149 is about $65,614/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 420 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 420 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 420 Island Drive, Key Biscayne, FL 33149?
- 420 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 420 Island Drive, Key Biscayne, FL 33149?
- Often, yes. The right offer on 420 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 BHHS EWM Realty
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.
$12,485,000
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Listed by Elena Chacon, BHHS EWM Realty
Map & Location
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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.
