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Single Family Residence at 260 Cape Florida Dr, Key Biscayne FL 33149Active
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Waterfront · Single Family Residence
$29,500,000$2,691 / sqft

260 Cape Florida Dr, Key Biscayne FL 33149

9
Bedrooms
10
Bathrooms
10,964 sqft
Interior
2004
Year built
None
HOA
Single Family Residence
Type

About this home

Private and prestigious waterfront estate featuring Panoramic views of Biscayne Bay and Pines canal. A dream property for the Yacht set, with 346 ft of water frontage & direct ocean access. The gated estate is one of the island’s largest, set on a lush 32,300 Sq.Ft lot, perfect for entertaining. Designed with the finest attention to detail, the home is extremely spacious "16,076 sf total", including 9 Bd., 8 Ba., library, office, theater, bar, spa with sauna, gourmet kitchen, marble & brazilian hardwood floors, security cameras, Lutron lighting & more. Note: The adjacent house is also available for sale, offering an additional 250 ft of water frontage on a separate 23,724 sq ft lot

Features

  • First Floor Entry
  • Built-in Features
  • Den/Library/Office
  • Family Room
  • Florida Room
  • Maid/In-Law Quarters
  • Other
  • Ocean
  • Water

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$149,168

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$149,168
HOA
None

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
One Sotheby's International Realty

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management

Cap rate
Cash-on-cash
Monthly cash flow
Net operating income

Enter rent, 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. 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.