468 BAY LN, Key Biscayne, FL 33149

468 BAY LN, Key Biscayne, FL 33149 is a 7-bedroom, 7.5-bathroom residential - single family : 1 unit built in 1992 with 6,630 square feet of living space on a 24,100 square foot lot. The property is currently owned by 468 BAY LANE LLC C/O ADAMS GALLINAR P A, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2012-12-14 for $13,500,000, when JAMES R MCMANUS sold to 468 BAY LANE LLC. The property has appreciated $10,000,000 (286%) since the prior sale of $3,500,000 on 1998-06-01. There are 3 recorded sales for this property.

The 2025 assessed value is $13,640,000 with a market value of $17,628,893. This breaks down to $15,520,400 for the land and $2,108,493 for the building. The assessed value increased 10% from $12,400,000 in 2024.

This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain). Flood insurance is typically required by lenders for properties in this zone. The median household income in this area is $250,001, and the median home value is $2,000,001.

The population density is 3,407 people per square mile. 468 BAY LN, Key Biscayne, FL 33149 is located in Key Biscayne, Florida. Property records, tax assessments, sales history, and ownership information for this Key Biscayne property are sourced from miami_dade County public records.

The complete ownership history of this property spans from 1987 to 2012, with 3 recorded transactions in the public record. The current assessed value represents 101% of the most recent sale price. Based on the most recent sale, this property traded at $2036 per square foot — a key metric for comparing value across Key Biscayne's real estate market..