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Listed
Enjoying an exceptional 270ft of L-shaped water frontage facing 185-ft-wide Pines Canal and the natural beauty of Bill Baggs Cape Florida State Park, this elegant island-coastal estate is tailored to a boating lifestyle. Offering calm and naturally sheltered harbor, concrete seawall, boat lift, dockside kitchen and side-dock boat storage that preserves unobstructed water views, the property provides a sense of openness, privacy, and tranquility. Clean architectural lines, an internal garden courtyard, and generous covered terraces fill the residence with natural light and create a seamless connection to the surrounding water and landscape. This elevated home offers 4 bedrooms plus staff quarters, 5 bathrooms, and 4 half-baths within 8,240 sqft of living space on a 16,500-sqft lot. Architectural tray ceilings, refined millwork, custom wall paneling, and thoughtfully designed built-ins with abundant storage add depth and craftsmanship while maintaining a light, contemporary coastal aesthetic. Formal living and dining rooms with elegant millwork provide an ideal setting for entertaining. The kitchen is appointed with Calacatta Gold marble countertops, gas cooking, Sub-Zero and Viking appliances, and a butler’s pantry. Additional highlights include 2 family rooms, fitness center with water views, 2 garages accommodating 7+ cars/golf carts, temperature-controlled wine cellar for 1,400+ bottles, elevator, retractable screen doors, generator and saltwater heated pool.
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 4-bed rentals in Key Biscayne, from 5 active listings; the middle half ask $15,500–$18,900.That is what landlords ask, not what units let for — edit it if you know better.
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
Illustration only — not a loan offer, quote, or commitment. We are not a lender and neither offer nor arrange financing. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
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