12490 Keystone Island Drive

Keystone Island is the gated heart of Keystone Point, a neighborhood of residential islands on Biscayne Bay in North Miami, minutes from Bal Harbour and the Corcoran office in Surfside. Its streets mix bay-front houses with homes set across the street from the water, newer construction with older houses on large lots.

On a street like this, two houses a few doors apart can be priced very differently. For a buyer, the work is to read each one: its position relative to the water, its construction and condition, and what the same money would buy elsewhere on the island. Raphael represented the buyer of 12490 Keystone Island Drive, a five-bedroom home of about 5,000 square feet, through to closing.