171 CAPE FLORIDA DR, Key Biscayne, FL 33149

171 CAPE FLORIDA DR, Key Biscayne, FL 33149 is a 5-bedroom, 6-bathroom residential - single family : 1 unit built in 1992 with 5,357 square feet of living space on a 15,000 square foot lot. The property is currently owned by CAPE FLORIDA EXCHANGE ACCOMMODATOR LLC, 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 $5,100,000, when COPPACK OVERSEAS INC sold to CAPE FLORIDA EXCHANGE. The property has appreciated $3,300,000 (183%) since the prior sale of $1,800,000 on 1999-02-01. There are 3 recorded sales for this property.

The 2025 assessed value is $6,989,529 with a market value of $8,546,357. This breaks down to $7,125,000 for the land and $1,421,357 for the building. The assessed value increased 10% from $6,354,118 in 2024.

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. 171 CAPE FLORIDA DR, 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 1998 to 2012, with 3 recorded transactions in the public record. The current assessed value represents 137% of the most recent sale price.

This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $952 per square foot — a key metric for comparing value across Key Biscayne's real estate market..