398 Harbor Drive, Key Biscayne, FL 33149

$19,250,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A11430953

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,561 Status: Closed

Current Price: $19,250,000 List Date: 8/10/2023 Last Modified: 2/26/2026

Overview

Description

Truly a trophy property ready to be developed.The original cottage on this unique 20,933 sq. ft. lot, is nestled among some of the most coveted stately homes of Key Biscayne. It may be lived in while your new house project is ready. Watch the endless parade of boats as they cruise the shimmering waters of Biscayne Bay, or simply enjoy the spectacle of the always changing color palette of Miami Sunsets and night lights. Watch an assortment of marine life stop by to greet you while you lounge in your bayfront backyard.The Key is a short ride away -10 to 15 minutes – from the excitement of Downtown Miami and the Beaches, as well as a 20 minutes ride to Miami International Airport and Miami Executive private airport, yet the Key feels so far away.

Listing Details MLS# A11430953

General Property Information

Property Sub Type: Single Family Residence
Bedrooms Total: 3
Bathrooms Total: 3
Bathrooms Full: 3
Building Area Main: 2561
Living Area Main: 1806
Adjusted Area Main: 2166
Year Built: 1952
Lot Size Area: 20933
Lot Size Acres: 0.48
Senior Community YN: Yes
Waterfront YN: Yes
Outdoor Living Spaces YN: Yes
Stories Total: Yes
Direction Faces: East
Pool Private YN: No
Water Frontage Feet: 0

Property Features

Flooring: Ceramic Tile Leasing Permitted Details: Okay To Lease Parking Features: Driveway Appliances: Dishwasher; Dryer; Washer Construction Materials: CBS Cooling: Other Heating: Other Levels: One Listing Terms: Cash; Conventional; VA Loan Pets Allowed YN: Yes Pets Allowed: Pet Restrictions Possible Possession: Negotiable Roof: Other Tax Information: City/County Utilities: Cable Available; Sewer Available View: Water Water Access: Other Water Source: Other Water View: Bay Waterfront Features: Bayfront Showing Requirements: Appointment Only Outdoor Living Spaces: Porch Porch Details: Porch - Open Contingencies: None Room Types: Other Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 19900000
Occupant Type: Call Listing Agent

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 398
Street Name: Harbor
Street Suffix: Drive
City Name: Key Biscayne
Municipal Code: 24
State Or Province: FL
Postal Code: 33149
Postal Code +4: 1220
Postal Zip: 33149
Subdivision Name: TROPICAL ISLE HOMES SUB 4
Area: 2420
Elementary School: Key Biscayne K-8
Middle Or Junior School: Ponce De Leon
High School: Coral Gables
Parcel Number: 2442320060040
Subdivision Number: 6
Zoning: 2000
Flood Zone: AE

Financial Information

Membership Fee Required YN: No
Tax Annual Amount: 150310
Tax Year: 2022
Tax Legal Description: TROPICAL ISLE HOMES SUB 4TH ADDN PB 53-39 LOT 10 BLK 17 LOT SIZE 20933.00 SQ FT OR 18098-4853 0498 5

Status Change Information

Major Change Timestamp: 2024-05-13T20:16:16Z
Major Change Type: Status Change
Price Change Timestamp: 2024-04-04T19:48:59Z
Status Change Date: 2024-05-14
Under Contract Date: 2024-04-09
Close Date: 2024-05-13
Close Price: 19250000
Buyer Financing: Cash

More Information

Entry Information

Entry Level: Yes

Leasing Permitted Details

Leasing Permitted YN: Yes
Okay To Lease: Yes

Buyer Details

Intended Use: Unknown/Withheld

Concessions

Seller Concessions: No

Price Calculations

Current Price To SqFt: 10658.91

Section Details

Parcel Number MLX: 0040

Originating Details

Originating System Key: 384855324
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Amenities

Other: Yes

Flooring

Ceramic Tile: Yes

Parking Features

Driveway: Yes

Possession

Negotiable: Yes

Utilities

Cable Available: Yes
Sewer Available: Yes

View

Water: Yes

Heating

Other: Yes

Water Access

Other: Yes

Water View

Bay: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Washer: Yes

Construction Materials

CBS: Yes

Levels

One: Yes

Listing Terms

Cash: Yes
Conventional: Yes
VA Loan: Yes

Roof

Other: Yes

Water Source

Other: Yes

Waterfront Features

Bayfront: Yes

Cooling

Other: Yes

Showing Requirements

Appointment Only: Yes

Master Bedroom/Bath

Other: Yes

Pets Allowed YN

Yes: Yes

Pets Allowed

Pet Restrictions Possible: Yes

Tax Information

City/County: Yes

Outdoor Living Spaces

Porch: Yes

Porch Details

Porch - Open: Yes

Contingencies

None: Yes

Room Types

Other: Yes

Acreage Description

1/4 To Less Than 1/2 Acre Lot: Yes

Room Information

Room Name
Other

Listing Office: One Sotheby's International Realty

Last Updated: February - 26 - 2026

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398 Harbor Drive, Key Biscayne, FL 33149 (MLS# A11430953)