Market Report for Key Biscayne

Sales – Wondering the Value of Your Property?
Call or email us today!

For a complimentary comparative market analysis, please contact us so we can discuss your home’s value.
Real estate agents know how to sell homes. Successful sales balance four components: the market, price, condition of the house, and exposure.
We are available everyday 8:00 AM – 7:00 PM to assist you.

us

Market Report for Key Biscayne

Closed Sales as of October 28, 2025

$1,210,000
Median Closing Price
$1,659,597
Average Sold Price
$908
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
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
455 Grand Bay Dr
Gb Resort Condo Hotel
820
0 / 1
376
Jan 17, 2025
$750,000
$700,000

1 Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Closing
Date
Listing
Price
Closed
Price
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
881 Ocean Dr
Casa Del Mar Condo
L2
1 / 2
930
Jun 6, 2025
$875,000
$690,000
200 Ocean Lane Dr
Island House Apt Inc-Coop
605
1 / 1
1259
May 22, 2025
$935,000
$890,000
201 Crandon Blvd
Tidemark
605
1 / 1
1059
May 1, 2025
$695,000
$680,000
201 Crandon Blvd
Key Colony I
504
1 / 1.5
1173
Apr 9, 2025
$879,000
$848,500
195 Sunrise Dr
Indies Condo
8
1 / 1
676
Mar 26, 2025
$485,000
$463,000
155 Ocean Lane Dr
Commodore Club West Condo
1107
1 / 1.5
895
Jan 30, 2025
$750,000
$740,000

2 Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Closing
Date
Listing
Price
Closed
Price
199 Ocean Lane Dr
Commodore
706
2 / 2
1260
Oct 27, 2025
$1,295,000
$1,250,000
251 Galen Dr
Key Biscayne VI
112E
2 / 2
1109
Oct 27, 2025
$475,000
$400,000
251 Crandon Blvd
Key Colony No 2 Condo
829
2 / 2
1532
Oct 22, 2025
$1,585,000
$1,420,000
260 Sunrise Dr
Sunrise Manor Condo
E
2 / 2
1250
Oct 21, 2025
$749,000
$705,000
199 Ocean Lane Dr
Commodore Club South
1015
2 / 2
1350
Oct 10, 2025
$1,295,000
$1,275,000
201 Crandon Blvd
Key Colony No 1
633
2 / 2
1541
Sep 30, 2025
$1,349,000
$1,210,000
 
Key Colony
1233
2 / 2
 
Sep 30, 2025
$1,245,000
$1,272,000
607 Ocean Dr
Sands of Key Biscayne Con
10J
2 / 2
1611
Sep 19, 2025
$1,890,000
$1,750,000
713 Crandon Blvd
The Ocean Club
PH-3
2 / 2
1450
Sep 16, 2025
$1,995,000
$1,875,000
150 Sunrise Dr
150 Sunrise Condo
4B
2 / 2
1139
Sep 3, 2025
$1,090,000
$1,062,750

3 Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Closing
Date
Listing
Price
Closed
Price
765 Crandon Blvd
Lake Tower
PH-12
3 / 4.5
3112
Oct 24, 2025
$2,999,900
$2,850,000
199 Ocean Lane Dr
Commodore Club South Cond
1005
3 / 3.5
2155
Oct 22, 2025
$2,250,000
$2,250,000
799 Crandon Blvd
The OceanClub
1208
3 / 4.5
3011
Oct 20, 2025
$5,100,000
$4,950,000
765 Crandon Blvd
The Ocean Club
510
3 / 3
2602
Oct 14, 2025
$2,989,999
$2,700,000
161 Crandon Blvd
Floranda
325
3 / 2
1715
Sep 12, 2025
$1,180,000
$1,180,000
445 Grand Bay Dr
Grand Bay Residences Cond
601
3 / 2.5
2570
Sep 12, 2025
$2,790,000
$2,662,500
201 CRANDON BL
Tidemark
200
3 / 3
2169
Aug 28, 2025
$1,900,000
$1,780,000
445 Grand Bay Dr
Grand Bay
602
3 / 3
2950
Aug 21, 2025
$2,980,000
$2,750,000
181 Crandon Blvd
Key Colony No 4 Condo
306
3 / 2
1600
Aug 19, 2025
$1,390,000
$1,290,000
785 Crandon Blvd
Club Tower Two Condo
1803
3 / 4.5
2500
Aug 19, 2025
$4,050,000
$4,025,000

4+ Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Closing
Date
Listing
Price
Closed
Price
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
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

Active Listings For Sale Overview

$1,290,000
Median Listing Price
$1,866,537
Average List Price
$1,030
Price Per Square Foot
119
Active For Sale

Largest Price Reductions

1 Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Days on
Market
Listing
Price
Price
Changes
798 Crandon Blvd
Le Phare
55-B
1 / 1
776
140
$699,000
9.81%
77 Crandon Blvd
Palms of Key Biscayne Con
2B
1 / 1.5
744
219
$424,900
5.56%
240 Galen Dr
Galen Drive Condo Apts
314
1 / 1.5
725
77
$499,000
1.19%

2 Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Days on
Market
Listing
Price
Price
Changes
1121 Crandon Blvd
Towers of Key Biscayne
D706
2 / 2
1409
271
$1,349,000
9.77%
733 Crandon Blvd
The Ocean Club
405
2 / 2.5
2060
91
$1,975,000
8.14%
155 Ocean Lane Dr
Commodore Club West
1113
2 / 2
1260
235
$1,199,000
7.77%
1121 Crandon Blvd
Towers of Key Biscayne
D604
2 / 2
1409
505
$1,150,000
7.63%
1121 Crandon Blvd
The Towers of Key Biscayn
D404
2 / 2
1409
239
$980,000
7.55%
251 Crandon Blvd
Oceansound
237
2 / 2
1532
467
$1,200,000
6.98%
251 Galen Dr
Key Biscayne VI
204E
2 / 2
1109
376
$550,000
6.78%
1121 Crandon Blvd
Towers of Key Biscayne
E503
2 / 2
1409
264
$1,290,000
6.18%
1121 Crandon Blvd
Towers of Key Biscayne
E904
2 / 2
1409
273
$1,125,000
5.86%
1121 Crandon Blvd
Towers of Key Biscayne
E803
2 / 2
1409
328
$1,090,000
5.22%

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
28
$1,499,000
11.3%
703 Crandon Blvd
The Ocean Club
PH-3
3 / 2
1570
92
$1,700,000
10.53%
50 Ocean Lane Dr
The Pyramids
404
3 / 2
1360
111
$1,149,000
8.08%
701 Crandon Blvd
Ocean Club
402
3 / 3
1830
176
$1,995,000
7.21%
350 Ocean Dr
Oceana
201N
3 / 4.5
2357
511
$5,550,000
5.13%
765 Crandon Blvd
Lake Tower Condo
202
3 / 3
2602
209
$2,440,000
4.87%
151 Crandon Blvd
The Emerald Bay
534
3 / 2
1584
295
$1,425,000
4.68%
1121 Crandon Blvd
Towers of Key Biscayne
F702
3 / 3
2402
92
$3,025,000
3.97%
789 Crandon Blvd
Club Tower One
403
3 / 4.5
2500
823
$2,549,000
3.78%
240 Galen Dr
Galen
308
3 / 2
1100
177
$699,000
3.59%

4+ Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Days on
Market
Listing
Price
Price
Changes
200 Ocean Lane Dr
Island House
108
4 / 3
1650
86
$2,500,000
5.66%
200 Sunrise Dr
Key Casa
200A
4 / 4
1750
143
$2,299,000
4.17%
548 Fernwood Rd
 
548
4 / 3
2448
238
$2,950,000
1.67%

Closed Sales as of October 28, 2025

$3,650,500
Median Closing Price
$6,189,000
Average Sold Price
$1,657
Price Per Square Foot
40
Sold In Last 365 Days

or Contact Us Today

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

3 Bedroom Homes

AddressYear
Built
Living
Area
Lot
Size
Beds /
Baths
Closing
Date
Listing
Price
Closed
Price
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
785 Fernwood Rd
1952
1662
7967
3 / 2
Dec 23, 2024
$2,725,000
$2,700,000

4+ Bedroom Homes

AddressYear
Built
Living
Area
Lot
Size
Beds /
Baths
Closing
Date
Listing
Price
Closed
Price
220 Cypress Dr
2015
4089
7500
5 / 5.5
Oct 14, 2025
$4,850,000
$4,600,000
361 West Heather Dr
1963
1570
7500
4 / 3
Oct 6, 2025
$2,699,000
$2,600,000
320 Woodcrest Rd
2014
3737
7617
6 / 6
Oct 1, 2025
$5,250,000
$5,220,000
92 West Mashta Dr
1950
2403
7500
4 / 3
Sep 23, 2025
$3,480,000
$3,230,000
561 Hampton Ln
2013
4165
7816
6 / 6.5
Aug 18, 2025
$4,990,000
$4,820,000
650 Warren Ln
2024
3525
7500
5 / 5.5
Aug 18, 2025
$6,950,000
$6,350,000
235 Cranwood Dr
2003
3596
7500
5 / 5
Jul 28, 2025
$4,375,000
$4,100,000
345 Harbor Ln
1951
3004
12600
4 / 3
Jul 21, 2025
$3,900,000
$3,450,000
385 Harbor Ct
1956
2063
9570
4 / 3
Jul 18, 2025
$3,450,000
$3,150,000
551 South Mashta Dr
1961
3245
10000
6 / 5
Jul 15, 2025
$5,495,000
$4,700,000

Active Listings For Sale Overview

$6,655,000
Median Listing Price
$11,502,000
Average List Price
$2,573
Price Per Square Foot
45
Active For Sale

Largest Price Reductions

4+ Bedroom Homes

AddressYear
Built
Living
Area
Lot
Size
Beds /
Baths
Days on
Market
Listing
Price
Price
Changes
699 North Mashta Dr
1965
3241
15000
4 / 4.5
146
$22,500,000
10%
241 Cape Florida Dr
1990
9159
21000
8 / 8.5
497
$29,900,000
7.72%
600 Allendale Rd
1950
2775
7500
4 / 3.5
148
$4,199,000
6.69%
6 Coconut Ln
1998
4007
5469
5 / 7
242
$4,399,000
6.38%
180 Cape Florida Dr
2018
8031
18600
6 / 7
230
$24,500,000
5.77%
760 Woodcrest Rd
2023
4003
7673
5 / 5.5
691
$6,175,000
5.51%
797 Ridgewood Rd
2007
5528
9873
7 / 7.5
489
$7,190,000
4.77%
230 Harbor Drive
2003
6240
20000
7 / 7.5
411
$23,500,000
4.08%
960 Mariner Dr
2025
7192
15381
6 / 9
260
$21,900,000
3.95%
689 Glenridge Rd
2013
3646
7500
6 / 6.5
179
$4,995,000
3.94%
Back to All Cities Page