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Key Biscayne 2026 Market Report
Key Biscayne Average Home Prices in June 2026
0 Homes for Sale
AVERAGE LIST PRICE
$0
$0/SqFt
29 Sold Homes
AVERAGE SOLD PRICE
$6,140,216
$1,685/SqFt
95 day average on market
(last 12 mo)
29 Homes for Rent
AVERAGE LIST PRICE
$35,567
$9/SqFt
46 Rented Homes
AVERAGE RENTED PRICE
$15,939
$6/SqFt
60 day average on market
(last 12 mo)
Key Biscayne Average Condo Prices in June 2026
91 Condos for Sale
AVERAGE LIST PRICE
$3,181,105
$1,546/SqFt
138 Sold Condos
AVERAGE SOLD PRICE
$1,863,487
$1,047/SqFt
71 day average on market
(last 12 mo)
107 Condos for Rent
AVERAGE LIST PRICE
$10,155
$6/SqFt
277 Rented Condos
AVERAGE SOLD PRICE
$8,504
$5/SqFt
66 day average on market
(last 12 mo)
Key Biscayne Real Estate Market Overview in June 2026
Sale Market Overview
Median Sale Price: The median sale price for all bedrooms houses and condos in Key Biscayne is $3,181,105 in June 2026, averaging $1,546 per square foot.
Median Sold Price: The median sold price for all bedrooms houses and condos in Key Biscayne in the last 12 months is $2,606,152, averaging $1,239 per square foot.
Properties Available for Sale: There are 91 properties for sale in Key Biscayne, of which 0 are houses and 91 are condominium units listed for sale now.
Days in the Market: Key Biscayne properties are selling after an average of 75 days on the market.
Rental Market Overview
Median List Price for Rent: The median rental price for all bedrooms houses and condos in Key Biscayne is $15,574 in June 2026, averaging $7 per square foot.
Average Rent: The average rent in Key Biscayne for all bedrooms houses and condos in the last 12 months is $9,563 per month, averaging $6 per square foot.
Properties Available for Rent: There are 136 properties for rent right now in Key Biscayne, of which 29 are houses and 107 are condos.
Days in the Market: Key Biscayne properties are renting after an average of 65 days on the market.
Pros and Cons for Buying a Property in Key Biscaine in June 2026
Pros of Buying a Property in Key Biscayne
Exclusive Location: With a limited number of properties on an exclusive island, buyers invest in a unique and prestigious location.
Long-term Value: Despite current market fluctuations, the long-term value of properties in Key Biscayne has traditionally been strong due to its desirability and limited supply.
Strong Rental Market: The rental market in Key Biscayne is robust, with high median rents that can yield significant returns for property owners.
Wealthy Demographics: With a per capita income of $79,743, which is wealthy relative to Florida and the nation, the demographics of Key Biscayne support a high-end rental and sales market​​.
Cons of Buying a Property in Key Biscayne
High Entry Price: The cost of entry into the Key Biscayne market is steep, making it challenging for average buyers.
Market Volatility: Like any upscale market, Key Biscayne can experience significant price fluctuations, which may impact short-term investments.
High Cost of Living: The cost of living in Key Biscayne is significantly higher than the national average, with utility, groceries, and transportation costs all above average due to its island location.
Sold Units (30 days)
Unit
Beds / Baths
Liv Area SqFt
Sold Price
Price/SqFt
Close Date
170 Ocean Lane Dr #403
2 BR / 2.0 BA
1,435 SqFt
$1,020,000
$711/Sqft
06/26/2026
1121 Crandon Blvd #E501
2 BR / 2.0 BA
1,782 SqFt
$1,525,000
$856/Sqft
06/25/2026
151 Crandon Blvd #600
2 BR / 2.0 BA
1,506 SqFt
$1,140,000
$757/Sqft
06/23/2026
177 Ocean Lane Dr #106
2 BR / 2.0 BA
1,260 SqFt
$970,200
$770/Sqft
06/19/2026
141 Crandon Blvd #431
3 BR / 2.0 BA
2,042 SqFt
$1,570,000
$769/Sqft
06/17/2026
155 Ocean Lane Dr #205
2 BR / 2.0 BA
1,260 SqFt
$1,025,000
$813/Sqft
06/16/2026
789 Crandon Blvd #1805
2 BR / 2.1 BA
2,100 SqFt
$3,200,000
$1,524/Sqft
06/16/2026
762 Fernwood Rd
6 BR / 5.0 BA
3,584 SqFt
$5,690,000
$1,588/Sqft
06/15/2026
1121 Crandon Blvd #D1202
2 BR / 2.0 BA
1,782 SqFt
$1,842,500
$1,034/Sqft
06/15/2026
101 Crandon Blvd #367
3 BR / 2.0 BA
1,720 SqFt
$1,380,000
$802/Sqft
06/11/2026
727 Crandon Blvd #502
3 BR / 3.0 BA
2,497 SqFt
$2,600,000
$1,041/Sqft
06/05/2026
151 Crandon Blvd #1222
4 BR / 3.1 BA
3,127 SqFt
$3,400,000
$1,087/Sqft
06/05/2026
177 Ocean Lane Dr #302
1 BR / 1.1 BA
840 SqFt
$780,000
$929/Sqft
06/05/2026
177 Ocean Lane Dr #812
2 BR / 2.0 BA
1,260 SqFt
$1,415,000
$1,123/Sqft
06/02/2026
1111 Crandon Blvd #C205
3 BR / 3.0 BA
2,208 SqFt
$1,535,000
$695/Sqft
06/01/2026
Average Price: $695/Sqft
Rented Units (30 days)
Unit
Beds / Baths
Liv Area SqFt
Rented Price
Price/SqFt
Close Date
881 Ocean Dr #10E
2 BR / 2.0 BA
1,875 SqFt
$8,500
$5/Sqft
06/26/2026
512 Warren Ln
3 BR / 3.0 BA
2,018 SqFt
$12,000
$6/Sqft
06/19/2026
151 Crandon Blvd #1031
2 BR / 2.0 BA
1,547 SqFt
$6,850
$4/Sqft
06/19/2026
607 Ocean Dr #11K
2 BR / 2.0 BA
1,496 SqFt
$6,500
$4/Sqft
06/15/2026
791 Crandon Blvd #901
2 BR / 2.1 BA
2,174 SqFt
$12,000
$6/Sqft
06/15/2026
791 Crandon Blvd #1402
3 BR / 3.0 BA
2,510 SqFt
$17,000
$7/Sqft
06/15/2026
731 Crandon Blvd #308
3 BR / 3.0 BA
2,470 SqFt
$14,500
$6/Sqft
06/12/2026
230 Sunrise Dr #1
1 BR / 1.0 BA
698 SqFt
$2,800
$4/Sqft
06/12/2026
1121 Crandon Bl #E1104
2 BR / 2.0 BA
1,409 SqFt
$5,500
$4/Sqft
06/08/2026
199 Ocean Lane Dr #1209
2 BR / 2.0 BA
1,260 SqFt
$5,900
$5/Sqft
06/08/2026
201 Crandon Blvd #120
1 BR / 2.0 BA
1,009 SqFt
$3,995
$4/Sqft
06/08/2026
555 Crandon Blvd #53
2 BR / 2.0 BA
1,040 SqFt
$3,700
$4/Sqft
06/03/2026
285 Mashta Dr
6 BR / 6.1 BA
3,670 SqFt
$27,000
$7/Sqft
06/02/2026
435 Hampton Ln
6 BR / 6.0 BA
3,627 SqFt
$21,500
$6/Sqft
06/02/2026
201 Crandon Blvd #927
2 BR / 2.0 BA
1,531 SqFt
$6,500
$4/Sqft
06/02/2026
199 Ocean Lane Dr #811
2 BR / 2.0 BA
1,260 SqFt
$5,500
$4/Sqft
06/01/2026
255 Galen Dr #2D
2 BR / 2.0 BA
1,036 SqFt
$4,000
$4/Sqft
06/01/2026
401 Warren Ln
4 BR / 3.0 BA
2,958 SqFt
$9,000
$3/Sqft
06/01/2026
55 Ocean Lane Dr #1028
2 BR / 2.0 BA
1,450 SqFt
$5,500
$4/Sqft
06/01/2026
611 Ocean Dr #3E
2 BR / 2.0 BA
1,496 SqFt
$7,650
$5/Sqft
06/01/2026
430 Grand Bay Dr #608
3 BR / 4.1 BA
2,840 SqFt
$17,000
$6/Sqft
06/01/2026
161 Crandon Blvd #324
3 BR / 2.0 BA
1,720 SqFt
$7,250
$4/Sqft
06/01/2026
717 Crandon Blvd #507
2 BR / 2.0 BA
1,450 SqFt
$9,500
$7/Sqft
06/01/2026
375 Harbor Ct #.
5 BR / 3.1 BA
2,346 SqFt
$18,500
$8/Sqft
06/01/2026
290 Sunrise Dr #3-F
2 BR / 1.0 BA
886 SqFt
$3,700
$4/Sqft
06/01/2026
881 Ocean Dr #22E
3 BR / 2.0 BA
1,875 SqFt
$8,000
$4/Sqft
06/01/2026
Average Price: $4/Sqft
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