Homes for sale in
Key Biscayne, Florida
Island living a causeway from downtown Miami
138
Homes for sale
$2,775,000
Median list price
$1,619
Avg price / sqft
62
Median days on market
Key Biscayne sits at the end of the Rickenbacker Causeway, a barrier island that trades the density of Miami-Dade County for beaches, bike paths, and a walkable village core. The island bookends itself with two state parks, and life here leans toward the water — which shows up in the housing, where waterfront homes and homes with water views dominate the inventory.
This is a genuine luxury market: the median list price is $2,775,000, and 114 of the 138 active listings are priced above $1M. Condominiums make up the bulk of what's for sale, so buyers browsing townhomes & condos will find far more choice than those hunting single-family homes. With homes sitting a median of 62 days and sellers netting about 95% of asking, there's room to negotiate without a bidding-war pace.
Key Biscayne is in Miami-Dade County, Florida.
Within a 30-minute drive
Quick facts
$429,000 – $237M price range
1,950 sqft median home
$8,500/mo median rent
Leans buyer right now
Fresh on the market
Newest homes in Key Biscayne
View all 138 homes →
$1,349,000
177 Ocean Lane Dr # 213, Key Biscayne FL 33149, KEY BISCAYNE
2 bd · 2 ba · 1,260 sqft
$790,000
155 Ocean Lane Dr # 403, Key Biscayne FL 33149, KEY BISCAYNE
1 bd · 1.5 ba · 895 sqft
$2,200,000
600 Grapetree Dr, Key Biscayne FL 33149, KEY BISCAYNE
3 bd · 3 ba · 2,281 sqft
$8,250,000
165 Hampton Ln, Key Biscayne FL 33149, KEY BISCAYNE
6 bd · 8.5 ba · 3,842 sqft
$1,450,000
151 Crandon Blvd # 439, Key Biscayne FL 33149, KEY BISCAYNE
2 bd · 2 ba · 1,547 sqft
$2,990,000
199 Ocean Lane Drive # 801, Key Biscayne FL 33149, KEY BISCAYNE
3 bd · 2.5 ba · 1,930 sqft
$835,000
150 Ocean Lane Dr # 7C, Key Biscayne FL 33149, KEY BISCAYNE
2 bd · 2 ba · 1,335 sqft
$1,790,000
202 Sunrise Dr # 202B, Key Biscayne FL 33149, KEY BISCAYNE
3 bd · 3 ba · 1,550 sqft
$2,520,000
445 Grand Bay Dr # 418, Key Biscayne FL 33149, KEY BISCAYNE
2 bd · 2.5 ba · 1,760 sqft
$3,975,000
, KEY BISCAYNE
5 bd · 5 ba · 3,186 sqft
$1,799,000
607 Ocean Dr # 3K, Key Biscayne FL 33149, KEY BISCAYNE
2 bd · 2 ba · 1,496 sqft
$1,980,000
181 Crandon Blvd # 301, Key Biscayne FL 33149, KEY BISCAYNE
3 bd · 2.5 ba · 1,820 sqft
138 of 138 active listings shown
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Property features
The numbers that matter
The Key Biscayne market
Leans buyer
9.7 months of inventory
Inventory is building — buyers have leverage and time.
215
Sold, last 12 months
$1,665,000
Median sold price
95%
Sale-to-list ratio
What sellers actually get vs asking
66 days
Median time to sell
Key Biscayne vs Miami-Dade County
Median list price
Price per sqft
Days on market
Live Stellar MLS data — listings and closed sales in Key Biscayne, FL. Rolling medians smooth single-month swings in thin markets.
For the school run
School zones with homes for sale
Elementary
Assigned schools as reported on active MLS listings — always verify zoning with the district.
Beyond the listings
Living in Key Biscayne
Water is the whole point
Of 138 active listings, 72 are waterfront, so proximity to Biscayne Bay and the ocean is the norm rather than the exception.
A condo-led market
Condominiums account for 90 of the active listings against 37 single-family homes, giving buyers a wide range of building styles and price points.
Priced for the high end
With a median list of $2,775,000 and average pricing of $1,619 per square foot, this is one of South Florida's premium island markets.
Established island communities
Buildings and neighborhoods like Oceana Key Biscayne, Commodore Club South, and Biscayne Key Estates give the island a settled, recognizable character.
Steady, unhurried pace
Homes take a median of 62 days to sell and 215 closed over the past year, so buyers have time to be deliberate.
Population
14,560
Median age
43.1
Median income
$172,604
Median home value
$1,238,700
What people here are into
Lifestyles
Top 4% in the U.S.Wealth Signaling
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
Relationships
Top 12% in the U.S.Networking
Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.
Entertainment
Top 15% in the U.S.Party Life
The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
Beliefs
Top 18% in the U.S.Mindfulness & Spirituality
Seeking peace and well-being through meditation, gratitude and spirituality.
Active
Yoga Advocates
Improving flexibility, strength, and overall well-being is the yogi's aim. This population is looking for the right community, instruction, and accessories.
Culture
Sites to See
This population finds the most beautiful sites just by looking up. Sunrise, sunset or sometime in between, these people love to marvel at man-made and natural wonders.
What it really costs
Owning here
Owning the median Key Biscayne home
≈ $16,532/mo
$2,775,000 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
0%
In a FEMA flood zone
Most homes here sit outside high-risk zones
$8,500/mo
Median rent
161 homes for rent right now
Straight answers
Key Biscayne real estate FAQs
Is Key Biscayne a good place to live?+
It's an island village between two state parks with beaches, bike paths, and a walkable core, all a short causeway drive from downtown Miami. The lifestyle is heavily water-oriented, which is why 72 of the current listings are waterfront homes. Families also weigh the assigned schools, including Key Biscayne K-8 and Northport K-8.
Is Key Biscayne expensive?+
Yes — it's one of South Florida's priciest markets, with a median list price of $2,775,000 and 114 of 138 active listings above $1M. Median rent runs about $8,500 a month, and even the entry point is high, though browsing by price reveals listings starting around $429,000.
What do homes cost in Key Biscayne?+
Active listings span from $429,000 to a headline-grabbing $237,000,000, with a median list of $2,775,000 and average pricing of $1,619 per square foot on a median home size of 1,950 square feet. Over the past 12 months, 215 homes sold at a median price of $1,665,000. For the top tier, see the luxury homes ($1m+).
How is the Key Biscayne market right now?+
It's steady rather than frantic: homes sit a median of 62 days on market and sellers get about 95% of asking on average. With 138 active listings, buyers have real selection, and the just reduced listings are worth watching for negotiating room.
What about HOA fees and property taxes?+
Because condos dominate the inventory, most buyings involve building HOA dues that vary widely by property, so budget per listing. On the tax side, the median annual property tax is $20,412, in line with the island's high home values.
Keep exploring
Nearby areas
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS. Market statistics are computed from listing and sold data and change as the market moves.
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