500 Bay Ln, Key Biscayne, FL 33149 Property Records

Miami-Dade County property record for 500 Bay Ln, Key Biscayne, FL 33149

Property Summary

Property TypeSingle Family Home
Details5 bd · 5.5 ba · 25,241 sqft · built 2011
Lot Size0.934 acres (40,700 sqft)
Owner2 Individual Names on Record
Last Sale$7,500,000 (Oct 2004)
Tax Bill$378,363 (2025)
Flood ZoneZone AE (high risk)
APN24-4232-007-0020

Property Details

APN / Parcel Number

Primary APN24-4232-007-0020

Interior

Bedrooms5 Beds
Full Baths5.5 Baths
Half Baths1 Half Bath
Stories2 Stories
Building Area25,241 sqft Living Area
Gross Area28,074 sqft
Basement Area2,018 sqft
ElevatorElevator

Exterior

Year BuiltBuilt 2011
Effective Year BuiltEffective 2011
Exterior MaterialConcrete Block/Stucco
Roof TypeRigid Frame Bar Joist
Roof MaterialOther
Lot Area40,700 sqft (0.934 acres)
Garage TypeCarport
CarportCarport
PorchPorch
Porch Area1,086 sqft
Patio Area1,400 sqft

Location & Zoning

Street Address500 BAY LN
CityKEY BISCAYNE
StateFL
Zip33149-1700
Property CategoryResidential
Property TypeResidential > Single Family > Home
Local Zoning Code2000
Legal Description32 54 42 & 5 6 55 42 TROPICAL ISLE HOMES RESUB 3RD ADD PB 52-27 LOT 3 & 4 BLK 17 LOT SIZE 40700 SQ FT
Legal Range42E
Legal Township54S
Legal Section32
Legal SubdivisionTROPICAL ISLE HOMES RESUB 3RD ADD
Legal Block17
Legal Lot Number3,4
JurisdictionDADE FL
Township / Civil DivisionKEY BISCAYNE
Census Block Group1
Census Block1003
Census Tract4602

Owner

Source: Miami-Dade County records, as of October 21, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record2 Individual Names on Record
Mailing Address500 BAY LN, KEY BISCAYNE, FL 33149-1700
OccupancyOwner Occupied
Owner TypeIndividual

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleOct 5, 2004 · Amount on Record
Deed SaleOct 5, 2004 · Amount on Record
Prior SaleJun 6, 2002 · Amount on Record
Deed Document Number2004868089
Deed Book / Page22704 / 3269
Last Transfer DateDec 6, 2011
Transfer Doc0000838125
Record UpdatedOct 29, 2026

Tax Assessment & Valuation

Source: Miami-Dade County assessment roll, as of October 21, 2026

Property Jurisdictions

TypeName
StateFlorida
CountyMiami-Dade County
MunicipalityKey Biscayne Village
Unified School DistrictDade County School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$378,363.00 (+3.62%) Homeowner's exemption$24,156,281 (+5.99%)$36,053,906 (+28.36%) Land $28,490,000 Building $7,563,906
2023$365,149.00 (+3.69%) Homeowner's exemption$22,791,740 (+3%)$28,087,781 (+5.81%) Land $20,350,000 Building $7,737,781
2022$352,169.00 Homeowner's exemption$22,127,903$26,546,718 Land $18,722,000 Building $7,824,718

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective January 25, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone AE
high risk
100-Year FloodplainYes
1% annual chance
FloodwayNo
Base Flood Elevation10.0 ft
Flood Insurance RequirementRequired
federally backed loans
Flood Insurance CostPremium on Record
median of 201 policies
Community Rating SystemClass 8 (10% premium discount)
Nearby Flood Policies201 in force
Nearby Flood Claims312 (1979–2024)
Claims Outside the SFHA1 of 312
Most Recent ClaimJun 2024 · rainfall accumulation
Claims by Event
  • Hurricane Irma, Sep 2017 · 38 claims
  • Hurricane Wilma, Oct 2005 · 26 claims
  • Hurricane Andrew, Aug 1992 · 195 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemMDWASA - MAIN SYSTEM
serves 2,377,460 people · EPA ID FL4130871
Water SourceGroundwater
Last State InspectionDec 2023
Lead3 ppb (2023)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting6
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 84 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
AT&T
Fiber
5,000 / 5,000
Xfinity
Cable
2,000 / 250
T-Mobile
Fixed Wireless
100 / 20

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