Market Report for Key Biscayne

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Market Report for Key Biscayne

Closed Sales as of March 16, 2025

$1,237,500
Median Closing Price
$1,726,336
Average Sold Price
$959
Price Per Square Foot
188
Sold In Last 365 Days

or Contact Us +1 305 123-4567 or via email today: your@email.address

0 Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Closing
Date
Listing
Price
Closed
Price
455 Grand Bay Dr
Gb Resort Condo Hotel
820
0 / 1
376
Jan 17, 2025
$750,000
$700,000
455 Grand Bay Dr
Ritz Carlton
414
0 / 1
354
Jul 15, 2024
$667,000
$642,000
455 Grand Bay Dr
Ritz Carlton
718
0 / 1
378
May 29, 2024
$660,000
$660,000
455 Grand Bay Dr
Gb Resort Condo Hotel
525
0 / 1
378
Apr 27, 2024
$750,000
$750,000
455 Grand Bay Dr
Ritz Carlton
814
0 / 1
354
Apr 11, 2024
$687,000
$687,000
100 Sunrise Dr
Sunrise Club Condo
16
0 / 1
410
Mar 20, 2024
$430,000
$400,000

1 Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Closing
Date
Listing
Price
Closed
Price
155 Ocean Lane Dr
Commodore Club West Condo
1107
1 / 1.5
895
Jan 30, 2025
$750,000
$740,000
195 Sunrise Dr
Indies Condo
9
1 / 1
689
Jan 13, 2025
$440,000
$440,000
55 Ocean Lane Dr
Ocean Village
3029
1 / 1.5
972
Jan 7, 2025
$620,000
$590,000
200 Ocean Lane Dr
Island House Apt Inc - Co
404
1 / 2
1245
Dec 5, 2024
$1,090,000
$1,030,000
201 Crandon Blvd
Key Colony
420
1 / 1.5
1009
Nov 19, 2024
$799,000
$760,000
230 Sunrise Dr
Key Townhouse Condo
8
1 / 1.5
664
Oct 31, 2024
$548,000
$538,500
201 Crandon Blvd
Tidemark
305
1 / 1.5
1059
Oct 25, 2024
$650,000
$630,000
155 Ocean Lane Dr
Commodore Club West
402
1 / 1.5
895
Sep 4, 2024
$680,000
$660,000
155 Ocean Lane Dr
Commodore Club West
606
1 / 1.5
895
Aug 30, 2024
$743,000
$730,000
290 SUNRISE DR
Key Islander Condo
307
1 / 1
880
Aug 29, 2024
$495,000
$485,000

2 Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Closing
Date
Listing
Price
Closed
Price
1121 Crandon Blvd
Towers of Key Biscayne
E405
2 / 2
1409
Mar 17, 2025
$1,069,000
$1,000,000
170 Ocean Lane Dr
Ocean Lane Plaza Condo
501
2 / 2
1435
Mar 17, 2025
$865,000
$845,000
1111 Crandon Blvd
The Towers
B103
2 / 2
1409
Mar 11, 2025
$845,000
$750,000
881 Ocean Dr
Casa Del Mar Condo
TH15
2 / 2
1042
Mar 10, 2025
$1,199,000
$1,199,000
170 Ocean Lane Dr
Ocean Lane Plaza Condo
903
2 / 2
1435
Mar 7, 2025
$860,000
$800,000
55 Ocean Lane Dr
Ocean Village Condo
2023
2 / 2
1450
Mar 4, 2025
$759,000
$710,000
170 Ocean Lane Dr
Ocean Lane Plaza
902
2 / 2
1435
Feb 28, 2025
$849,000
$820,000
161 Crandon Blvd
Key Colony
417
2 / 2
1568
Feb 24, 2025
$1,095,000
$1,065,000
177 Ocean Lane Dr
Commodore Club
1206
2 / 2
1260
Feb 4, 2025
$1,395,000
$1,320,000
881 Ocean Dr
Casa Del Mar Condo
16D
2 / 2
1875
Feb 4, 2025
$1,995,000
$1,925,000

3 Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Closing
Date
Listing
Price
Closed
Price
290 Fernwood Rd
Fernwood
1
3 / 2.5
1868
Mar 10, 2025
$2,650,000
$2,500,000
721 Crandon Blvd
Lake Villa Condominium
408
3 / 3
2683
Mar 7, 2025
$2,650,000
$2,550,000
791 Crandon Blvd
Ocean Tower Two
PH2
3 / 3
2622
Mar 5, 2025
$5,300,000
$5,300,000
1121 Crandon Blvd
Towers of Key Biscayne
F806
3 / 2
1782
Feb 28, 2025
$1,770,000
$1,600,000
789 Crandon Blvd
The Ocean Club Key Biscay
906
3 / 3.5
2790
Feb 19, 2025
$3,800,000
$3,870,000
204 Sunrise Dr
Key Cassa
204A
3 / 3
1500
Feb 10, 2025
$1,800,000
$2,100,000
141 Crandon Blvd
Key Colony
135
3 / 3
1790
Feb 6, 2025
$1,300,000
$1,250,000
709 Crandon Blvd
The Ocean Club
309
3 / 3
1830
Jan 31, 2025
$1,759,999
$1,425,000
121 Crandon Blvd
Key Colony No 4 Condo
451
3 / 2
1600
Jan 24, 2025
$1,200,000
$1,100,000
350 Ocean Dr
Oceana Key Biscayne
1206N
3 / 4.5
2257
Jan 6, 2025
$6,099,999
$5,850,000

4+ Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Closing
Date
Listing
Price
Closed
Price
201
Tidemark
166
4 / 4
3075
Jan 21, 2025
$2,800,000
$2,700,000
360 Ocean Dr
Oceana Key Biscayne Condo
LPH2S
4 / 6.5
4762
Jan 17, 2025
$15,300,000
$15,200,000
360 Ocean Dr
Oceana Key Biscayne Condo
1002S
4 / 5.5
3354
Sep 30, 2024
$8,900,000
$8,400,000
791 Crandon Blvd
The Ocean Club Key Biscay
707
4 / 5.5
3581
Sep 20, 2024
$4,490,000
$4,500,000
360 Ocean Dr
Oceana Key Biscayne
301S
4 / 5.5
3798
Jun 25, 2024
$8,750,000
$8,500,000
791 Crandon Blvd
Ocean Tower
407
4 / 5.5
3581
Jun 11, 2024
$5,050,000
$4,710,000
151 Crandon Blvd
The Emeraldbay
202-204
4 / 4
3038
May 8, 2024
$2,950,000
$2,650,000
360 Ocean Dr
Oceana Key Biscayne
601S
4 / 6.5
3791
Apr 26, 2024
$9,900,000
$9,600,000
127 East Enid Dr
Gdns of Key Bisc - Alhamb
14
4 / 3.5
2442
Apr 21, 2024
$2,400,000
$2,200,000
422 Fernwood Rd
Fernwood Rd
422
4 / 3
2092
Apr 12, 2024
$2,750,000
$2,700,000

Active Listings For Sale Overview

$1,485,000
Median Listing Price
$2,377,976
Average List Price
$1,110
Price Per Square Foot
138
Active For Sale

Largest Price Reductions

1 Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Days on
Market
Listing
Price
Price
Changes
200 Ocean Lane Dr
Island House Apt Inc-Coop
605
1 / 1
1259
431
$935,000
6.41%
881 Ocean Dr
Casa Del Mar Condo
L2
1 / 2
930
145
$875,000
4.37%
251 Galen Dr
Key Biscayne VI Condo
309E
1 / 1.5
946
109
$489,000
1.81%

2 Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Days on
Market
Listing
Price
Price
Changes
251 Crandon Blvd
Oceansound
237
2 / 2
1532
242
$1,290,000
13.42%
1121 Crandon Blvd
Towers of key biscayne
E105
2 / 2
1409
153
$899,000
9.65%
1121 Crandon Blvd
Towers of Key Biscayne
F906
2 / 2
1782
334
$1,495,000
9.39%
1111 Crandon Blvd
Towers of Key Biscayne
C906
2 / 2
1782
44
$1,699,000
8.61%
717 Crandon Blvd
Ocean Club
407
2 / 2
1450
380
$1,375,000
8.03%
201 Galen Dr
Key Biscayne IV
201
2 / 2
1109
68
$600,000
6.25%
1121 Crandon Blvd
Towers of Key Biscayne
E803
2 / 2
1409
102
$1,150,000
6.12%
550 Ocean Dr
Galen Breakers Condominiu
3E
2 / 2
1325
76
$775,000
6.06%
1121 Crandon Blvd
The Towers of Key Biscayn
D404
2 / 2
1409
13
$1,090,000
6.03%
575 Crandon Blvd
Key Biscayne Ambassador
306
2 / 2
1311
44
$840,000
5.62%

3 Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Days on
Market
Listing
Price
Price
Changes
240 Galen Dr
Galen Drive Condo
109
3 / 2
1100
70
$925,000
15.91%
789 Crandon Blvd
Club Tower One
403
3 / 4.5
2500
597
$2,649,000
7.86%
765 Crandon Blvd
The Ocean Club
305
3 / 3
2602
140
$2,450,000
5.59%
1121 Crandon Blvd
The Towers of K Biscayne
E707
3 / 2
1782
167
$1,690,000
5.59%
151 Crandon Blvd
The Emerald Bay
534
3 / 2
1584
70
$1,425,000
4.68%
731 Crandon Blvd
The Ocean Club
407
3 / 3
2220
111
$2,395,000
4.2%
765 Crandon Blvd
The Ocean Club
PH-4
3 / 3
2602
122
$3,075,000
3.15%
781 Crandon Blvd
Ocean Club
401
3 / 4.5
3093
182
$3,585,000
2.71%
799 Crandon Blvd
Ocean Tower One Condo
504
3 / 4.5
3084
268
$3,800,000
2.56%
789 Crandon Blvd
Ocean Club
1203
3 / 4.5
2500
215
$3,850,000
2.53%

Closed Sales as of March 16, 2025

$4,000,000
Median Closing Price
$5,759,971
Average Sold Price
$1,857
Price Per Square Foot
43
Sold In Last 365 Days

or Contact Us +1 305 123-4567 or via email today: your@email.address

1 Bedroom Homes

AddressYear
Built
Living
Area
Lot
Size
Beds /
Baths
Closing
Date
Listing
Price
Closed
Price
55 Ocean Lane Dr
1982
972
0
1 / 1
Apr 9, 2024
$530,000
$520,000

2 Bedroom Homes

AddressYear
Built
Living
Area
Lot
Size
Beds /
Baths
Closing
Date
Listing
Price
Closed
Price
442 Warren Ln
1950
1044
7626
2 / 1
Dec 30, 2024
$3,000,000
$2,800,000
280 Fernwood Rd
1953
1619
7694
2 / 2
Jul 2, 2024
$2,895,000
$2,650,000

3 Bedroom Homes

AddressYear
Built
Living
Area
Lot
Size
Beds /
Baths
Closing
Date
Listing
Price
Closed
Price
785 Fernwood Rd
1952
1662
7967
3 / 2
Dec 23, 2024
$2,725,000
$2,700,000
101 Island Dr
1988
3318
15000
3 / 3
May 17, 2024
$4,300,000
$4,000,000
398 Harbor Dr
1952
1806
20933
3 / 3
May 14, 2024
$22,000,000
$19,250,000
472 Woodcrest Rd
1951
2429
7669
3 / 3
Mar 25, 2024
$2,950,000
$2,700,000
310 Cypress Dr
1961
1914
8336
3 / 2
Mar 20, 2024
$3,150,000
$3,120,000

4+ Bedroom Homes

AddressYear
Built
Living
Area
Lot
Size
Beds /
Baths
Closing
Date
Listing
Price
Closed
Price
665 Hampton Ln
1950
2488
7500
4 / 4
Mar 10, 2025
$2,950,000
$2,900,000
701 Fernwood Rd
2003
2090
0
5 / 5
Feb 19, 2025
$3,385,000
$2,760,000
50 Island Dr
1967
5338
15000
5 / 4.5
Feb 13, 2025
$11,200,000
$11,080,000
269 West Mashta Dr
1951
2867
8500
5 / 4
Jan 24, 2025
$3,250,000
$2,855,000
270 Cypress Dr
1961
3001
8187
6 / 4.5
Jan 21, 2025
$3,350,000
$3,300,000
599 Glenridge Rd
1954
2111
9000
4 / 4
Dec 27, 2024
$3,195,000
$2,982,750
4 Harbor Point
1953
3890
21250
7 / 7
Dec 13, 2024
$14,950,000
$13,950,000
116 West Mashta Dr
2014
3628
7500
6 / 6
Dec 13, 2024
$4,590,000
$4,350,000
422 Warren Ln
1950
0
7626
4 / 3
Nov 19, 2024
$2,950,000
$2,850,000
375 Harbor Ln
2002
4444
8238
5 / 4.5
Nov 12, 2024
$5,790,000
$5,000,000

Active Listings For Sale Overview

$6,235,000
Median Listing Price
$10,589,557
Average List Price
$2,487
Price Per Square Foot
44
Active For Sale

Largest Price Reductions

3 Bedroom Homes

AddressYear
Built
Living
Area
Lot
Size
Beds /
Baths
Days on
Market
Listing
Price
Price
Changes
669 South Mashta Dr
1960
3382
10000
3 / 3.5
41
$3,900,000
9.2%

4+ Bedroom Homes

AddressYear
Built
Living
Area
Lot
Size
Beds /
Baths
Days on
Market
Listing
Price
Price
Changes
230 Harbor Drive
2003
6240
20000
7 / 7.5
185
$24,500,000
10.91%
241 Cape Florida Dr
1990
9159
21000
8 / 8.5
271
$32,400,000
10%
710 Allendale Rd
1950
1979
7611
4 / 3
45
$3,099,000
6.09%
161 Cape Florida Dr
1983
6661
14500
4 / 4.5
248
$15,990,000
5.89%
760 Woodcrest Rd
2023
4003
7673
5 / 5.5
465
$6,175,000
5.51%
520 South Mashta Dr
1961
3085
22140
5 / 4
139
$18,900,000
5.5%
340 Ridgewood Rd
1953
2699
7609
4 / 4
71
$3,790,000
5.25%
796
1951
2534
7983
4 / 3.5
356
$3,797,000
5.05%
797 Ridgewood Rd
2007
5528
9873
7 / 7.5
263
$7,190,000
4.77%
385 Harbor Ct
1956
2063
9570
4 / 3
41
$3,625,000
4.61%
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