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$4,600,000 Just Listed
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Property Description
Elevated, fully rebuilt, renovated 5 beds/5 baths home in 2021. It was stripped to its core, leaving only select structural walls. All plumbing, electrical systems, roofing, flooring, ceilings, impact doors and windows, facade, and infrastructure were completely replaced-creating a virtually NEW HOME. This smart home features all-new 2021 appliances, dual Nest AC controls, gas water heater, electronic lock, Ring, 7 exterior cameras, interior motion sensors, and door/window alarms-all managed via mobile apps. A whole-house audio/video system. Italian ceramic flooring throughout. Interior highlights include a designer Italian kitchen with Miele appliances, gas cooktop, an oversized refrigerator and freezer, custom cabinetry, and pantry storage. Enclosed TV room with 5.1 home theater, adjacent full bath; separate office; guest bedroom with full bath; and laundry room with XXL LG gas washer/dryer. The second floor offers three bedrooms with independent A/C control, a spacious primary suite with multiple custom closets, a primary bath with European finishes and a Toto electric toilet, plus a second full bath. Exterior features include a new saltwater pool, covered terrace with BBQ, artificial turf, solar lighting, irrigation system, enclosed 2-car garage, service quarters with a full bath, side pool access, a perimeter wall, gas tank, storage, and a Wi-Fi repeater. A rare, fully modernized Key Biscayne home combining privacy, technology, hurricane protection and European finishes.
Full Property Details
Full Property Details for 315 Palmwood Ln
General
- Price: $4,600,000
- Taxes: $26,768 (2025)
- Status: Active
- Type: Single Family
- Source: Greater_Miami
- MLS ID: A11947798
- Updated: 1/19/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Closet Cabinetry, Cooking Island, Pantry, Split Bedroom, Walk-In Closet(s), Den/Library/Office, Family Room, Maid/In-Law Quarters, Utility Room/Laundry
- Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Gas Water Heater, Microwave, Gas Range, Refrigerator, Washer
- Furnishings: Unfurnished, Furniture Negotiable
- Flooring: Ceramic Floor
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
- Primary Bathroom: Dual Sinks, Shower Only
Bedrooms
- Total Bedrooms: 5
- Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bath Shower, Primary Bedroom Upstairs, Studio
Other Rooms
- Living Room: Den/Library/Office, Family Sq. Ft.
- Dining Room: Breakfast Area, Dining/Living Room, Snack Bar/Counter
- Laundry: Utility Room/Laundry
Additional Information
- Pool: Yes
- Pool Description: Fenced, Equipment Stays, 9x25
- Security/Safety: Smoke Detector
- Equipment: Automatic Garage Door Opener
Exterior
- Exterior Features: Barbecue, Built-In Grill
- Deck/Patio: Deck, Open Porch
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Additional Spaces Available, Covered, Golf Cart Parking
Location
- Area: Tropical Isle Homes Sub 3
- County: Miami-Dade County
- Subdivision: TROPICAL ISLE HOMES SUB 3
- Building Name: TROPICAL ISLE HOMES SUB 3
- Driving Directions: Use GPS
- Direction Faces: South
School Information
- Elementary School: Keybiscayne
- Middle School: Ponce De Leon
- High School: Mast Academy
Community
- Community Name: Tropical Isle Homes Sub 3
- Gated community: Yes
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Central Air
- Heating Type: Gas
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Attached, Two Story
- Structure Type: Pool Only, House
- Detached/Attached: Detached
- Construction: Concrete Block Construction, Elevated Construction
- Roof: Built-Up
- Windows: Blinds, High Impact Windows, Impact Glass
- Doors: High Impact Doors
- Building Size: 4312
- Square Feet: 3,230
- Living Area: 3,230 Sq. Ft.
- Year Built: 1995
- Property Condition: New Construction, Completely Renovated
Lot Features
- Property View: Garden, Pool
- Lot Size (Sq. Ft.): 7,500
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 100
- Fencing (Description): Fenced
Financial Considerations
- Price Per Sq. Ft.: $1,424.15
- Tax Amount: $26,768
- Tax Year: 2025
- Terms: All Cash, Conventional, VA Loan
Disclosures and Reports
- Ownership: Self Proprietor/Individual
- Legal Description: 32 54 42 & 5-6 55 42 PB 50-83 TROPICAL ISLE HOMES SUB 3RD ADDN LOT 15 BLK 14 LOT SIZE 75.000 X 100 OR 15222-2891 1091 4
- Restrictions: Auto Parking On
- Property ID: 24-42-32-005-0520
Listed by The Keyes Company
Get Pre-Approved Today
Schools
Schools serving 315 Palmwood Ln
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Key Biscayne K-8 Center 150 West McIntyre Street, Key Biscayne, FL 33149 | PK-5 | 0.2 mi |
Ponce De Leon Middle School 5801 Augusto Street, Coral Gables, FL 33146 | 6-8 | 6.5 mi |
Coral Gables Senior High School 450 Bird Road, Coral Gables, FL 33146 | 9-12 | 6.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 315 Palmwood Ln
Date
Details
Price
Change
Source
1/19/2026
Listed
$4,600,000
153.44%
MLS
6/21/2019
Sold
$1,815,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 315 Palmwood Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$27,242
1%
$1,682,514
3%
2023
$26,882
13%
$1,633,509
15%
2021
$23,847
-7%
$1,422,975
-10%
2022
$25,701
8%
$1,585,932
13%
2021
$23,847
-8%
$1,403,329
-11%
2019
$26,051
30%
$1,572,755
22%
2018
$20,106
1%
$1,293,680
2%
2017
$19,851
—
$1,267,072
2%
2016
$19,877
-1%
$1,241,011
1%
2015
$20,173
-1%
$1,232,385
1%
2014
$20,478
2%
$1,222,605
1%
2013
$20,081
—
$1,204,537
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 315 Palmwood Ln
315 Palmwood Ln, Key Biscayne, FL 33149 (MLS# A11947798) is a Single Family property with 5 bedrooms and 5 full bathrooms. 315 Palmwood Ln is currently listed for $4,600,000 and was received on January 19, 2026. Want to learn more about 315 Palmwood Ln? Do you have questions about finding other Single Family real estate for sale in Key Biscayne? You can browse all Key Biscayne real estate or contact a Coldwell Banker agent to request more information.

