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CAPE FLORIDA SUB SEC 3 · · MLS A12051668
Listed by One Sotheby's International Realty · MLS@onesothebysrealty.com
Best-priced waterfront residence on Key Biscayne, offering an exceptional 100 feet of water frontage and a true boater's paradise. Tucked away on one of Paradise Island's most private and exclusive streets, this extraordinary residence is where contemporary design meets the serenity and exclusivity of life on the water.
Thoughtfully and completely remodeled, including a brand-new roof, the home is bathed in natural light, enhanced by soaring ceilings, and showcases a sophisticated open-concept floor plan designed for both effortless everyday living and exceptional entertaining. Expansive social spaces flow seamlessly to a spectacular outdoor oasis featuring a resort-style pool, generous sun-drenched terraces, and a fully equipped summer kitchen…creating the perfect backdrop for unforgettable gatherings. Designed with both luxury and versatility in mind, the residence offers four spacious ensuite bedrooms, four full bathrooms, a powder room, and a cabana bath. A private office and a dedicated gym provide exceptional flexibility and can easily be transformed into a fifth bedroom, guest suite, media room, or additional living space to suit your family's lifestyle. Situated on a wonderful 14,500 SF lot, this remarkable property offers an extraordinary sense of privacy. Modern, refined, and impeccably appointed, this is more than just a home…it is a private waterfront sanctuary where timeless architecture, elegant interiors, and the beauty of island living come together as one.
The propertyAs the MLS records it
$91,382 per month
30-year fixed, 7.24% interest
The calculator opens on the national average rate for a 30-year fixed-rate loan: 7.24% for the week of October 29, 2026. Source: Freddie Mac, Primary Mortgage Market Survey ↗
For illustration only: an estimate, not a loan offer or a quote. The tax is the last annual bill the MLS records for this property; in Florida a property is reassessed when it is sold, so a buyer's tax will differ. Insurance is not estimated: it is included only when you enter your own quote. The rate is a national weekly average, not the rate a lender will offer you: change it to the one you are quoted.
REQUEST A TOUR
Showings of 161 Cape Florida Drive, Key Biscayne, FL 33149 are by appointment. Send the request here, call or write on WhatsApp: Julian Acosta, real estate advisor with Compass, answers within one business day to confirm a day and a time.
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| Year | Median price per SF | Closed sales |
|---|---|---|
| 2020 | $803 | 54 |
| 2021 | $964 | 109 |
| 2022 | $1,220 | 60 |
| 2023 | $1,249 | 30 |
| 2024 | $1,321 |
Homes of the same kind on the market nearby, the nearest in price first.
LIVE · MLS · AS OF NOV 1, 2026
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1 / 38The information on this page is supplied by the Southeast Florida Multiple Listing Service of the MIAMI Association of REALTORS®. It is deemed reliable but is not guaranteed accurate by the MLS, and it may have changed since the date above. It is provided for your personal, non-commercial use and may not be used for any purpose other than to identify properties you may be interested in purchasing. This listing is held by One Sotheby's International Realty. Julian Acosta is a real estate advisor with Compass.
A listing shown here may be held by a brokerage other than Compass. To report an error in this listing's information, write to julian.acosta@compass.com.










































42 PHOTOGRAPHS
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| 2025 | $1,404 | 38 |
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| 2026 to date | $1,498 | 37 |
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These figures are the market's closed sales as the MLS records them: this building's for a unit, a gated community's for a home inside one, and otherwise the sales of this kind of property in the home's market — for a home at $2,000,000 or more, only that market's sales from that price up. Which of these it is, is said above the figures. No snapshot is drawn from fewer than 5 sales of the last twelve months, and a median price per SF is stated only from 3 sales that state a living area. They are not sales by Julian Acosta, they are not an appraisal, and they say nothing of this home's price.
These are the public schools whose attendance zone holds this listing's location, as Miami-Dade County publishes the zones. A zone is not a guarantee of enrollment, the district can change it, and a listing's point on the map can sit a few meters from its lot: confirm the school with Miami-Dade County Public Schools before you rely on it. Distances are straight lines. The page states no rating of any school.
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