Market Report for Key Biscayne

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Market Report for Key Biscayne

Closed Sales as of March 28, 2026

$1,220,000
Median Closing Price
$1,634,007
Average Sold Price
$901
Price Per Square Foot
167
Sold In Last 365 Days

or Contact Us Today

0 Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Closing
Date
Listing
Price
Closed
Price
301 Sunrise Dr
301 North Sunrise Condo
1DW
0 / 1
460
Jan 23, 2026
$473,355
$445,000
455 Grand Bay Dr
G B Resort Condo Hotel
517
0 / 1
532
Jun 5, 2025
$675,000
$650,000
455 Grand Bay Dr
The Ritz Carlton Key Bisc
310
0 / 1
376
Apr 28, 2025
$720,000
$710,000

1 Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Closing
Date
Listing
Price
Closed
Price
77 Crandon Blvd
Palms of Key Biscayne Con
2B
1 / 1.5
744
Mar 23, 2026
$399,900
$400,000
200 Galen Dr
Galen Drive West Condo
308
1 / 1
690
Mar 13, 2026
$499,000
$480,000
155 Ocean Lane Dr
Commodore Club West Condo
1002
1 / 1
895
Mar 5, 2026
$945,000
$920,000
325 Fernwood Rd
Fernwood Apts
5
1 / 1
474
Feb 4, 2026
$395,000
$395,000
55 Ocean Lane Dr
Ocean Village Condo
1026
1 / 1.5
972
Oct 31, 2025
$599,000
$550,000
201 Crandon Blvd
Tidemark
305
1 / 2
1059
Oct 30, 2025
$889,000
$850,000
100 Sunrise Dr
Sunrise Club Condo
6
1 / 1
530
Sep 12, 2025
$495,000
$455,000
200 Ocean Lane Dr
Island House Apt Inc - Co
305
1 / 2
1259
Sep 11, 2025
$975,000
$920,000
1111 Crandon Blvd
Towers of Key Biscayne
C804
1 / 1.5
1114
Jul 16, 2025
$749,000
$685,000
195 South West Sunrise Dr
Indies Condo
4
1 / 1
891
Jun 19, 2025
$680,000
$625,000

2 Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Closing
Date
Listing
Price
Closed
Price
251 Crandon Blvd
Oceansound
237
2 / 2
1532
Mar 22, 2026
$1,025,000
$995,000
251 Crandon Blvd
The Oceansound
441
2 / 2
1532
Mar 18, 2026
$1,150,000
$1,084,460
733 Crandon Blvd
The Ocean Club
405
2 / 2.5
2060
Mar 17, 2026
$1,845,000
$1,810,000
1121 Crandon Blvd
The Towers
E504
2 / 2
1409
Mar 14, 2026
$1,240,000
$1,060,000
1121 Crandon Blvd
Towers of Key Biscayne
E708
2 / 2
1782
Mar 12, 2026
$1,795,000
$1,650,000
199 Ocean Lane Dr
Commodore
607
2 / 2
1260
Mar 9, 2026
$1,260,000
$1,260,000
265 Grapetree Dr
Grapetree Townhouse Condo
110
2 / 2.5
1404
Mar 6, 2026
$1,149,000
$1,075,000
881 Ocean Dr
Casa Del Mar Condo
13C
2 / 2
1875
Feb 24, 2026
$1,859,000
$1,910,000
177 Ocean Lane Dr
Commodore Club East
212
2 / 2
1260
Feb 11, 2026
$999,000
$980,000
445 Grand Bay Dr
Grand Bay Residences Cond
802
2 / 3
2950
Feb 9, 2026
$3,149,000
$2,730,000

3 Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Closing
Date
Listing
Price
Closed
Price
141 Crandon Blvd
Botanica
338
3 / 2
1720
Mar 24, 2026
$899,000
$970,000
50 Ocean Lane Dr
The Pyramids
108
3 / 2
1360
Mar 20, 2026
$998,000
$965,000
703 Crandon Blvd
Ocean Club
PH-3
3 / 2
1570
Mar 18, 2026
$1,690,000
$1,650,000
177 Ocean Lane Dr
Commodore Club East
1101
3 / 2.5
1930
Mar 10, 2026
$2,850,000
$2,750,000
199 Ocean Lane Dr
Commodore Club South Cond
115
3 / 2
1350
Mar 2, 2026
$1,250,000
$1,197,000
161 Crandon Blvd
Botanica
419
3 / 2
1600
Feb 27, 2026
$1,295,000
$1,200,000
721 Crandon Blvd
Lake Villa One Condo
207
3 / 3
2174
Feb 21, 2026
$2,295,000
$2,075,000
161 Crandon Blvd
Key Colony No 4 Condo
125
3 / 3
1864
Feb 17, 2026
$1,750,000
$1,770,000
765 Crandon Blvd
Lake Tower Condo
202
3 / 3
2602
Feb 6, 2026
$2,440,000
$2,200,000
799 Crandon Blvd
Ocean Tower One
607
3 / 3
2510
Jan 30, 2026
$3,850,000
$3,800,000

4+ Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Closing
Date
Listing
Price
Closed
Price
785 Crandon Blvd
Club Tower Two
205/305
4 / 5
4200
Feb 24, 2026
$4,150,000
$4,000,000
202 Sunrise Dr
Key Cassa
202C
4 / 4
1750
Jan 23, 2026
$1,925,000
$1,750,000
200 Sunrise Dr
Key Casa
200A
4 / 4
1750
Dec 5, 2025
$2,299,000
$2,000,000
101 Crandon Blvd
Botanica
178
4 / 3
1820
Sep 4, 2025
$1,200,000
$1,340,000
251 Crandon Blvd
Key Colony No 2 Condo
624
4 / 4
3064
Aug 14, 2025
$3,095,000
$2,850,000
151 Crandon Blvd
Key Colony
725
4 / 4
3083
Jul 7, 2025
$2,750,000
$2,750,000
360 Ocean Dr
Oceana Key Biscayne Condo
902S
4 / 5.5
3354
Apr 23, 2025
$8,199,000
$8,000,000
350 Ocean Dr
Oceana Key Biscayne Condo
401N
4 / 6.5
3787
Apr 15, 2025
$9,300,000
$8,900,000
205 East Enid Drive
The Gardens of Key Biscay
32
4 / 3.5
2442
Apr 7, 2025
$2,200,000
$2,000,000
749 Crandon Blvd
The Ocean Club
212
4 / 3
2650
Mar 27, 2025
$2,699,000
$2,575,000

Active Listings For Sale Overview

$1,557,500
Median Listing Price
$2,719,333
Average List Price
$1,176
Price Per Square Foot
102
Active For Sale

Largest Price Reductions

1 Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Days on
Market
Listing
Price
Price
Changes
77 Crandon Blvd
The Palms of Key Biscayne
5B
1 / 1.5
744
249
$550,000
7.56%
151 Crandon Blvd
Emerald Bay
127
1 / 1.5
1103
35
$875,000
3.31%
798 Crandon Blvd
Le Phare
55-B
1 / 1
776
79
$580,000
3.17%
55 Ocean Lane Dr
Ocean Village
1032
1 / 1.5
972
138
$575,000
2.54%
155 Ocean Lane Dr
Commodore Club West
302
1 / 1.5
895
160
$799,000
2.44%
1121 Crandon Blvd
Towers of Key Biscayne
F1004
1 / 1.5
1114
170
$834,000
1.18%

2 Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Days on
Market
Listing
Price
Price
Changes
251 Crandon Blvd
Oceansound
806
2 / 2.5
2220
60
$3,100,000
7.46%
1121 Crandon Blvd
Towers of Key Biscayne
E904
2 / 2
1409
424
$1,125,000
5.86%
240 Galen Dr
Galen Drive
207
2 / 2
1100
188
$660,000
4.35%
798 Crandon Blvd
Le Phare Key Biscayne
16-C
2 / 2
875
93
$795,000
2.93%
715 Crandon Blvd
Resort Villa Two Condo
PH-5
2 / 2
1310
222
$1,650,000
2.88%
177 Ocean Lane Dr
Commodore Club East
208
2 / 2
1260
164
$1,100,000
2.22%
151 Crandon Blvd
The Emeraldbay Key Colo
702
2 / 2
1506
296
$1,399,000
1.48%
1121 Crandon Blvd
Towers of Key Biscayne
E503
2 / 2
1409
416
$1,275,000
1.16%
1121 Crandon Blvd
The Towers of Key Biscayn
D404
2 / 2
1409
124
$985,000
1.01%

3 Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Days on
Market
Listing
Price
Price
Changes
200 Sunrise Dr
Key Cassa
200D
3 / 3
1550
179
$1,499,000
11.3%
200 Ocean Lane Dr
Island House Apt Inc Co
501
3 / 4
2399
130
$3,925,000
8.49%
701 Crandon Blvd
Ocean Club
402
3 / 3
1830
327
$1,995,000
7.21%
 
Cape Florida Condo
5
3 / 3.5
2640
145
$2,790,000
7%
600 Grapetree Dr
Mar-Azul Condo
3BS
3 / 3
2523
224
$2,480,000
6.42%
141 CRANDON BLVD
Botanica/Fernery
446
3 / 2
1715
92
$1,500,000
4.76%
155 Ocean Lane Dr
Commodore Club West
300
3 / 2
1930
188
$2,100,000
4.55%
781 Crandon Blvd
Ocean Club III
804
3 / 4.5
2500
79
$4,100,000
4.09%
1111 Crandon Blvd
Towers of Key Biscayne
C205
3 / 3
2208
141
$1,650,000
1.79%

4+ Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Days on
Market
Listing
Price
Price
Changes
430 Grand Bay Dr
Grand Bay Tower
PH-1AN
4 / 5
9600
124
$26,000,000
23.3%
350 East Ocean Dr
Oceana Key Biscayne
301N
4 / 6.5
3798
137
$8,950,000
1.64%

Closed Sales as of March 28, 2026

$4,120,000
Median Closing Price
$6,489,689
Average Sold Price
$1,620
Price Per Square Foot
41
Sold In Last 365 Days

or Contact Us Today

3 Bedroom Homes

AddressYear
Built
Living
Area
Lot
Size
Beds /
Baths
Closing
Date
Listing
Price
Closed
Price
141 Island Dr
1964
2927
12000
3 / 3
Feb 19, 2026
$4,500,000
$4,120,000
669 South Mashta Dr
1960
3382
10000
3 / 3.5
Feb 14, 2026
$4,950,000
$4,750,000
737 Woodcrest Rd
1951
1265
7687
3 / 1
Nov 13, 2025
$2,700,000
$2,625,000
725 Fernwood Rd
1952
2159
7967
3 / 2
Oct 24, 2025
$2,400,000
$2,400,000
5 Harbor Pt
1954
10926
28800
3 / 5
Oct 10, 2025
$26,000,000
$23,500,000
330 Pacific Rd
1950
2522
12196
3 / 3.5
Sep 10, 2025
$3,799,000
$3,950,000
669 South Mashta Dr
1960
3382
10000
3 / 3.5
Jul 1, 2025
$3,900,000
$3,465,000
310 Glenridge Rd
1953
1464
7627
3 / 3
Jun 26, 2025
$2,550,000
$2,470,000

4+ Bedroom Homes

AddressYear
Built
Living
Area
Lot
Size
Beds /
Baths
Closing
Date
Listing
Price
Closed
Price
285 West Enid Dr
1998
3436
7500
6 / 5.5
Mar 27, 2026
$4,545,000
$4,200,000
677 Hampton Ln
1951
2429
7500
5 / 3.5
Mar 9, 2026
$3,470,000
$3,125,000
180 Cape Florida Dr
2018
8031
18600
6 / 7
Feb 27, 2026
$23,500,000
$21,000,000
320 Atlantic Road
2010
5275
12234
6 / 6.5
Feb 25, 2026
$8,925,000
$8,200,000
200 West Mcintyre St
1950
3962
9515
5 / 5
Jan 28, 2026
$3,997,000
$3,700,000
670 Allendale Rd
1950
2320
7500
5 / 4.5
Jan 28, 2026
$3,850,000
$3,475,000
600 Allendale Rd
1950
2775
7500
4 / 3.5
Jan 16, 2026
$3,750,000
$3,500,000
261 Greenwood Dr
2025
3525
7500
5 / 5.5
Dec 18, 2025
$6,495,000
$6,275,000
100 Hampton Ln
2024
3584
7485
5 / 5.5
Dec 8, 2025
$6,399,000
$6,200,000
201 Buttonwood Dr
2020
3791
7752
5 / 6
Dec 5, 2025
$5,999,000
$5,265,000

Active Listings For Sale Overview

$7,419,000
Median Listing Price
$10,144,429
Average List Price
$2,310
Price Per Square Foot
42
Active For Sale

Largest Price Reductions

3 Bedroom Homes

AddressYear
Built
Living
Area
Lot
Size
Beds /
Baths
Days on
Market
Listing
Price
Price
Changes
 
1953
1669
7315
3 / 2
61
$2,800,000
3.45%

4+ Bedroom Homes

AddressYear
Built
Living
Area
Lot
Size
Beds /
Baths
Days on
Market
Listing
Price
Price
Changes
591 North Mashta Dr
1960
4290
15184
4 / 4.5
115
$15,500,000
8.55%
241 Cape Florida Dr
1990
9159
21000
8 / 8.5
648
$29,900,000
7.72%
31 Island Dr
2004
5826
19236
6 / 6.5
350
$10,200,000
7.27%
230 Harbor Drive
2003
6240
20000
7 / 7.5
562
$21,800,000
7.23%
365 Gulf Rd
2005
5960
12014
6 / 6.5
220
$11,990,000
7.05%
330 Caribbean Rd
2011
5528
12262
6 / 7
178
$8,950,000
4.76%
164 West Mashta Dr
2000
0
7500
5 / 5
61
$5,250,000
4.46%
121 Knollwood Drive
1972
4924
13947
5 / 4.5
86
$13,250,000
4.33%
545 SABAL PALM
2012
4166
9633
5 / 4.5
232
$8,300,000
3.49%
635 Curtiswood Dr
1951
3888
7500
6 / 6
339
$4,950,000
2.94%
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