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.

Market Report for Key Biscayne
Closed Sales as of June 23, 2025
$1,175,000
Median Closing Price
$1,684,868
Average Sold Price
$921
Price Per Square Foot
171
Sold In Last 365 Days
or Contact Us Today
0 Bedroom Units
Address | Condo Name | Unit 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 |
455 Grand Bay Dr | Ritz Carlton | 414 | 0 / 1 | 354 | Jul 15, 2024 | $667,000 | $642,000 |
1 Bedroom Units
Address | Condo Name | Unit Number | Beds / Baths | Living Area | Closing Date | Listing Price | Closed Price |
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 |
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 |
2 Bedroom Units
Address | Condo Name | Unit Number | Beds / Baths | Living Area | Closing Date | Listing Price | Closed Price |
550 Ocean Dr | Galen Breakers Condo | 3C | 2 / 2 | 1325 | Jun 20, 2025 | $779,000 | $752,000 |
240 Galen Dr | Galen Drive Condos | 108 | 2 / 2 | 1100 | Jun 18, 2025 | $685,000 | $675,000 |
1121 Crandon Blvd | Towers of Key Biscayne | D907 | 2 / 2 | 1782 | Jun 12, 2025 | $1,995,000 | $1,950,000 |
550 Ocean Dr | Galen Breakers Condominiu | 3E | 2 / 2 | 1325 | Jun 5, 2025 | $775,000 | $750,000 |
199 Ocean Lane Dr | Commodore Club South | 1213 | 2 / 2 | 1260 | Jun 3, 2025 | $1,250,000 | $1,200,000 |
717 Crandon Blvd | The Ocean Club | 308 | 2 / 2 | 1450 | Jun 3, 2025 | $1,320,000 | $1,200,000 |
1111 Crandon Blvd | Towers of Key Biscayne | C906 | 2 / 2 | 1782 | Jun 2, 2025 | $1,699,000 | $1,600,000 |
265 Grapetree Dr | Grapetree Townhouse | 119 | 2 / 2.5 | 1404 | Jun 2, 2025 | $1,195,000 | $1,150,000 |
1121 Crandon Blvd | Towers of Key Biscayne | F903 | 2 / 2 | May 30, 2025 | $1,375,000 | $1,225,000 | |
251 Crandon Blvd | Key Colony | 831 | 2 / 2 | 1546 | May 30, 2025 | $1,195,000 | $1,200,000 |
3 Bedroom Units
Address | Condo Name | Unit Number | Beds / Baths | Living Area | Closing Date | Listing Price | Closed Price |
121 Crandon Blvd | Key Colony No 4 Condo | 256 | 3 / 2 | 1955 | Jun 23, 2025 | $1,350,000 | $1,210,000 |
464 Fernwood Rd | Tropical Isle Homes Sub 1 | B | 3 / 3 | 3624 | May 25, 2025 | $2,750,000 | $2,500,000 |
151 Crandon Blvd | Key Colony | 604 | 3 / 3 | 2010 | May 23, 2025 | $2,200,000 | $1,950,000 |
161 Crandon Blvd | Key Colony | 118 | 3 / 3 | 2144 | May 7, 2025 | $2,380,000 | $2,250,000 |
1121 Crandon Blvd | The Towers of K Biscayne | E707 | 3 / 2 | 1782 | Apr 22, 2025 | $1,690,000 | $1,552,000 |
741 Crandon Blvd | Ocean Club | PH4 | 3 / 3 | 2470 | Apr 16, 2025 | $2,599,000 | $2,408,000 |
737 Crandon Blvd | The Ocean Club | 202 | 3 / 3 | 2470 | Apr 2, 2025 | $2,495,000 | $2,400,000 |
360 Ocean Dr | Oceana | 406S | 3 / 4.5 | 2257 | Mar 18, 2025 | $5,600,000 | $5,500,000 |
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 |
4+ Bedroom Units
Address | Condo Name | Unit Number | Beds / Baths | Living Area | Closing Date | Listing Price | Closed Price |
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 |
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 |
Active Listings For Sale Overview
$1,409,500
Median Listing Price
$2,153,830
Average List Price
$1,047
Price Per Square Foot
118
Active For Sale
Min: $499,000
Max: $33,900,000
Largest Price Reductions
1 Bedroom Units
Address | Condo Name | Unit Number | Beds / Baths | Living Area | Days on Market | Listing Price | Price Changes |
55 Ocean Lane Dr | Ocean Village Condo | 1026 | 1 / 1.5 | 972 | 132 | $579,000 | 3.34% |
55 Ocean Lane Dr | Ocean Village | 3030 | 1 / 1.5 | 972 | 158 | $640,000 | 2.29% |
2 Bedroom Units
Address | Condo Name | Unit Number | Beds / Baths | Living Area | Days on Market | Listing Price | Price Changes |
713 Crandon Blvd | The Ocean Club | PH-3 | 2 / 2 | 1450 | 20 | $1,995,000 | 23.27% |
155 ocean Ln Dr | Commodore Club West | 210 | 2 / 2 | 1260 | 101 | $999,000 | 13.13% |
251 Crandon Blvd | The Oceansound | 904 | 2 / 2 | 1532 | 31 | $1,100,000 | 12% |
1121 Crandon Blvd | Towers of key biscayne | E105 | 2 / 2 | 1409 | 251 | $899,000 | 9.65% |
150 Sunrise Dr | 150 Sunrise Condo | 4B | 2 / 2 | 1139 | 263 | $1,090,000 | 8.4% |
155 Ocean Lane Dr | Commodore Club West | 1113 | 2 / 2 | 1260 | 108 | $1,199,000 | 7.77% |
575 Crandon Blvd | Key Biscayne Ambassador | 306 | 2 / 2 | 1311 | 143 | $780,000 | 7.14% |
251 Crandon Blvd | Oceansound | 237 | 2 / 2 | 1532 | 340 | $1,200,000 | 6.98% |
1121 Crandon Blvd | Towers of Key Biscayne | E503 | 2 / 2 | 1409 | 137 | $1,375,000 | 6.78% |
1121 Crandon Blvd | Towers of Key Biscayne | E803 | 2 / 2 | 1409 | 201 | $1,150,000 | 6.12% |
3 Bedroom Units
Address | Condo Name | Unit Number | Beds / Baths | Living Area | Days on Market | Listing Price | Price Changes |
101 Ocean Lane Dr | Ocean Village Condo | 1017 | 3 / 2 | 1734 | 138 | $1,200,000 | 13.98% |
1121 Crandon Blvd | Towers of Key Biscayne | F206 | 3 / 2 | 1782 | 67 | $1,529,000 | 9.79% |
789 Crandon Blvd | Club Tower One | 403 | 3 / 4.5 | 2500 | 696 | $2,649,000 | 7.86% |
161 Crandon Blvd | Floranda | 325 | 3 / 2 | 1715 | 33 | $1,180,000 | 7.09% |
151 Crandon Blvd | Key Colony | 230 | 3 / 3 | 2001 | 161 | $1,999,990 | 6.98% |
765 Crandon Blvd | The Ocean Club | 510 | 3 / 3 | 2602 | 167 | $2,989,999 | 5.83% |
765 Crandon Blvd | The Ocean Club | 305 | 3 / 3 | 2602 | 238 | $2,450,000 | 5.59% |
350 Ocean Dr | Oceana | 201N | 3 / 4.5 | 2357 | 384 | $5,550,000 | 5.13% |
151 Crandon Blvd | The Emerald Bay | 534 | 3 / 2 | 1584 | 168 | $1,425,000 | 4.68% |
555 Crandon Blvd | Crandon Tower | 32 | 3 / 2 | 1090 | 114 | $815,000 | 4.68% |
4+ Bedroom Units
Address | Condo Name | Unit Number | Beds / Baths | Living Area | Days on Market | Listing Price | Price Changes |
430 Grand Bay Dr | Grand Bay Tower | 101 | 4 / 5.5 | 3950 | 145 | $5,975,000 | 4.4% |
201 Crandon Blvd | Tidemark | 174 | 4 / 6 | 3254 | 265 | $5,500,000 | 4.35% |
548 Fernwood Rd | 548 | 4 / 3 | 2448 | 111 | $2,950,000 | 1.67% |
Closed Sales as of June 23, 2025
$3,925,000
Median Closing Price
$6,458,678
Average Sold Price
$1,824
Price Per Square Foot
38
Sold In Last 365 Days
or Contact Us Today
2 Bedroom Homes
Address | Year 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
Address | Year 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 |
4+ Bedroom Homes
Address | Year Built | Living Area | Lot Size | Beds / Baths | Closing Date | Listing Price | Closed Price |
330 Harbor Dr | 1996 | 7178 | 23772 | 6 / 7.5 | Jun 23, 2025 | $34,500,000 | $31,750,000 |
760 Allendale Rd | 1950 | 2388 | 7500 | 4 / 3 | Jun 10, 2025 | $2,800,000 | $2,700,000 |
762 Fernwood Rd | 2014 | 3584 | 7726 | 6 / 5 | Jun 2, 2025 | $4,999,000 | $4,750,000 |
325 Harbor Dr | 2003 | 3650 | 8009 | 5 / 6.5 | Jun 2, 2025 | $5,250,000 | $4,825,000 |
710 Allendale Rd | 1950 | 1979 | 7611 | 4 / 3 | May 8, 2025 | $3,099,000 | $2,730,000 |
945 Mariner Drive | 1983 | 5191 | 14880 | 6 / 6 | Apr 30, 2025 | $12,950,000 | $12,700,000 |
345 Gulf Road | 1953 | 3827 | 12050 | 5 / 5.5 | Apr 15, 2025 | $5,750,000 | $5,600,000 |
515 Warren Ln | 1952 | 2030 | 7633 | 4 / 3 | Apr 9, 2025 | $3,250,000 | $3,250,000 |
761 Ridgewood Rd | 1951 | 5371 | 7666 | 5 / 5 | Apr 2, 2025 | $3,380,000 | $3,310,000 |
660 South Mashta Dr | 1965 | 5043 | 15000 | 7 / 8.5 | Mar 31, 2025 | $16,999,000 | $13,800,000 |
Active Listings For Sale Overview
$5,999,000
Median Listing Price
$10,702,347
Average List Price
$2,489
Price Per Square Foot
49
Active For Sale
Min: $2,400,000
Max: $71,000,000
Largest Price Reductions
3 Bedroom Homes
Address | Year Built | Living Area | Lot Size | Beds / Baths | Days on Market | Listing Price | Price Changes |
725 Fernwood Rd | 1952 | 2159 | 7967 | 3 / 2 | 130 | $2,400,000 | 14.13% |
310 Glenridge Rd | 1953 | 1464 | 7627 | 3 / 3 | 109 | $2,550,000 | 5.38% |
4+ Bedroom Homes
Address | Year Built | Living Area | Lot Size | Beds / Baths | Days on Market | Listing Price | Price Changes |
269 Cranwood Dr | 1963 | 2821 | 10007 | 5 / 4 | 97 | $3,990,000 | 11.14% |
230 Harbor Drive | 2003 | 6240 | 20000 | 7 / 7.5 | 283 | $24,500,000 | 10.91% |
241 Cape Florida Dr | 1990 | 9159 | 21000 | 8 / 8.5 | 370 | $32,400,000 | 10% |
600 Allendale Rd | 1950 | 2775 | 7500 | 4 / 3.5 | 21 | $4,199,000 | 6.69% |
161 Cape Florida Dr | 1983 | 6661 | 14500 | 4 / 4.5 | 347 | $15,990,000 | 5.89% |
180 Cape Florida Dr | 2018 | 8031 | 18600 | 6 / 7 | 103 | $24,500,000 | 5.77% |
760 Woodcrest Rd | 2023 | 4003 | 7673 | 5 / 5.5 | 564 | $6,175,000 | 5.51% |
520 South Mashta Dr | 1961 | 3085 | 22140 | 5 / 4 | 237 | $18,900,000 | 5.5% |
385 Harbor Ct | 1956 | 2063 | 9570 | 4 / 3 | 140 | $3,450,000 | 4.83% |
797 Ridgewood Rd | 2007 | 5528 | 9873 | 7 / 7.5 | 362 | $7,190,000 | 4.77% |