Market Report – Key Biscayne, Florida 2018-01-05T21:20:51-05:00

Market Report for Key Biscayne

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Market Report for Key Biscayne

Closed Sales as of February 17, 2019

$841,250
Median Closing Price
$1,381,798
Average Sold Price
$746
Price Per Square Foot
202
Sold In Last 365 Days

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0 Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Closing
Date
Listing
Price
Closed
Price
455 Grand Bay Dr 625
Grand Bay Resort Condo
625
0 / 1
378
Dec 20, 2018
$650,000
$625,000
155 OCEAN LANE 113B
Commodore Club
113B
0 / 1
308
Dec 14, 2018
$337,000
$320,000
455 Grand Bay Dr 204
G B Resort Condo Hotel
204
0 / 1
378
Dec 7, 2018
$575,000
$507,500
455 Grand Bay Dr. 310
Grand Bay Hotel Condo
310
0 / 1
376
Oct 3, 2018
$500,000
$480,000
455 Grand Bay Dr 816
G B Resort Condo Hotel
816
0 / 1
448
Sep 12, 2018
$515,000
$465,000
455 Grand Bay Dr 815
Gb Resort Condo Hotel
815
0 / 1
354
Sep 12, 2018
$515,000
$465,000
455 Grand Bay Dr 718
G B Resort Condo Hotel
718
0 / 1
378
Aug 9, 2018
$480,000
$450,000
455 Grand Bay Dr
Gb Resort
414
0 / 1
354
Apr 30, 2018
$429,000
$415,000
455 Grand Bay Dr
Gb Resort
422
0 / 1
376
Apr 19, 2018
$435,000
$400,000
455 Grand Bay Dr
G B Resort Condo Hotel
722
0 / 1
376
Apr 17, 2018
$460,000
$455,000

1 Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Closing
Date
Listing
Price
Closed
Price
455 Grand Bay Dr 758
G B Resort Condo Hotel
758
1 / 1
782
Feb 6, 2019
$1,095,000
$970,000
575 Crandon Blvd 401
Key Bisc Ambassador Condo
401
1 / 1.5
1225
Jan 10, 2019
$399,000
$380,000
201 Galen Dr 314W
Key Biscayne VI Condo
314W
1 / 1.5
854
Dec 19, 2018
$269,000
$225,000
177 Ocean Ln Dr 902
Commodore Club East
902
1 / 1.5
840
Oct 12, 2018
$669,000
$650,000
575 CRANDON BL 701
Ambassador Condo
701
1 / 1.5
1225
Sep 28, 2018
$396,000
$390,000
881 Ocean Dr L1
Casa Del Mar Condo
L1
1 / 1
930
Sep 19, 2018
$590,000
$570,000
200 Ocean Lane Dr PB4
Island House
PB4
1 / 1
950
Sep 14, 2018
$789,000
$690,000
455 Grand Bay Dr 309
Gb Condo Hotel
309
1 / 1
849
Sep 12, 2018
$1,150,000
$1,050,000
240 Galen Dr 314
Galen Drive Condo Apts
314
1 / 1.5
725
Sep 12, 2018
$350,000
$335,000
77 Crandon Blvd
The Palms of Key Biscayne
5B
1 / 1.5
744
Jul 18, 2018
$420,000
$390,000

2 Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Closing
Date
Listing
Price
Closed
Price
1121 Crandon Blvd D1205
Towers of Key Biscayne
D1205
2 / 2
1409
Feb 1, 2019
$697,500
$652,000
141 Crandon Blvd 229
Key Colony
229
2 / 2
1470
Jan 21, 2019
$595,000
$570,000
101 CRANDON BL 380
Botanica
380
2 / 2
1820
Jan 11, 2019
$869,000
$820,000
199 OCEAN LANE BLVD. 1115
Commodore Club
1115
2 / 2
1350
Dec 31, 2018
$835,000
$800,000
881 Ocean Dr 5E
Casa Del Mar Condo
5E
2 / 2
1875
Dec 20, 2018
$1,050,000
$865,000
301 Sunrise Dr 3AW
North Sunrise Inc Condo
3AW
2 / 2
1140
Dec 17, 2018
$445,000
$435,000
881 OCEAN DRIVE 23H
Casa Del Mar
23H
2 / 3
3120
Dec 17, 2018
$2,499,000
$2,160,000
121 Crandon 351
Key Colony
351
2 / 2
1600
Dec 14, 2018
$650,000
$630,000
255 Galen Dr 2D
Solimar Condo
2D
2 / 2
1036
Dec 11, 2018
$465,000
$440,000
300 Galen Dr 404
Blue Pelican Condo
404
2 / 1.5
990
Dec 5, 2018
$348,500
$338,000

3 Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Closing
Date
Listing
Price
Closed
Price
151 Crandon Blvd 936
The Emerald Bay
936
3 / 2
1532
Feb 15, 2019
$1,149,000
$1,115,000
445 Grand Bay Drive 610
Grand Bay Residences
610
3 / 4
2950
Jan 23, 2019
$2,499,000
$2,130,000
101 Ocean Lane Dr 4017
Ocean Village Condo
4017
3 / 2
1734
Jan 6, 2019
$690,000
$675,000
749 CRANDON BL 211
Lake Villa 3
211
3 / 3
2470
Jan 4, 2019
$1,549,000
$1,387,500
789 Crandon Blvd 1006
Club Tower One
1006
3 / 5.5
2790
Dec 29, 2018
$2,595,000
$2,450,000
781 Crandon Blvd 704
Club Tower Three
704
3 / 4.5
2500
Dec 4, 2018
$2,300,000
$2,200,000
101 Crandon Blvd 377
Botanica
377
3 / 2
1715
Nov 27, 2018
$845,000
$800,000
290 Sunrise Dr. 311
Key Islander
311
3 / 2
1273
Nov 21, 2018
$589,000
$550,000
 
Ocean Village Condo
 
3 / 2
1734
Nov 5, 2018
$659,000
$600,000
121 Crandon Blvd 356
Botanica
356
3 / 3
2060
Nov 5, 2018
$1,185,000
$1,155,000

4+ Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Closing
Date
Listing
Price
Closed
Price
799 Crandon Blvd 201
Ocean Tower One Condo
201
7 / 7
6914
Jan 24, 2019
$7,250,000
$6,600,000
201 Crandon Blvd 176
Key Colony
176
4 / 5.5
3075
Jan 23, 2019
$3,295,000
$2,850,000
155 Sunrise PH-B
Sunrise Condo
PH-B
4 / 2
2077
Dec 22, 2018
$715,000
$707,500
350 Ocean Dr LPH4N
Oceana Key Biscayne
LPH4N
5 / 6.5
3969
Nov 20, 2018
$12,500,000
$11,000,000
781 Crandon Blvd 301
Club Tower Three
301
4 / 4.5
2790
Oct 24, 2018
$2,700,000
$2,375,000
765 Crandon Blvd PH-2
The Ocean Club
PH-2
4 / 4.5
3520
Jul 27, 2018
$3,150,000
$2,800,000
445 Grand Bay Dr
Grand Bay Residences
706
4 / 4.5
3820
Jul 9, 2018
$3,690,000
$3,425,000
711 Crandon Blvd
Ocean Club
202
4 / 3
2242
Jun 21, 2018
$1,870,000
$1,710,000
 
Oceana Key Biscayne
 
5 / 8
7616
Jun 7, 2018
$16,990,000
$13,000,000
350 Ocean Dr
Oceana Key Biscayne
PH01N
5 / 8
8252
Jun 7, 2018
$21,000,000
$15,000,000

Active Listings For Sale Overview

$1,125,000
Median Listing Price
$1,647,680
Average List Price
$741
Price Per Square Foot
313
Active For Sale

Largest Price Reductions

0 Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Days on
Market
Listing
Price
Price
Changes
155 Ocean Lane Dr 115A
Commodore Club West Condo
115A
0 / 1
400
74
$280,000
6.35%

1 Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Days on
Market
Listing
Price
Price
Changes
200 Galen Dr 308
Galen Drive West Condomin
308
1 / 1
690
96
$298,000
6.88%
290 Sunrise Dr 310
Key Islander
310
1 / 1
610
96
$329,000
5.73%
201 Crandon Blvd 304
Key Colony 1
304
1 / 1.5
1173
1155
$499,000
4.95%
 
Sunrise Club
 
1 / 1
530
481
$320,000
2.88%
200 Ocean Lane Dr 304
Island House
304
1 / 1
950
18
$725,000
1.36%
177 Ocean Lane Dr 602
Commodore Club East
602
1 / 1.5
840
317
$549,000
0.18%

2 Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Days on
Market
Listing
Price
Price
Changes
255 Galen Dr 4H
Solimar of Key Biscayne
4H
2 / 2
1058
79
$499,000
11.68%
251 Crandon Blvd 629
Key Colony
629
2 / 2
1532
298
$659,000
9.6%
881 Ocean Dr 3C
Casa Del Mar
3C
2 / 2
1875
553
$950,000
9.52%
181 Crandon Blvd 404
Key Colony
404
2 / 2
1720
292
$910,000
7.05%
251 Crandon Blvd 204
Oceansound
204
2 / 2
1532
165
$640,000
5.19%
881 Ocean Dr 18F
Casa Del Mar
18F
2 / 2
1875
65
$1,695,000
5.04%
177 Ocean Lane Dr 1209
Commodore Club East
1209
2 / 2
1260
321
$1,160,000
4.92%
733 CRANDON BLVD 305
Ocean Club
305
2 / 2.5
2060
195
$1,190,000
4.8%
170 Ocean Lane Dr 511
Ocean Lane Plaza
511
2 / 2
1335
390
$515,000
4.45%
177 Ocean Lane Dr 813
Commodore Club East
813
2 / 2
1260
33
$698,000
4.38%

3 Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Days on
Market
Listing
Price
Price
Changes
650 Ocean Dr 9D
Bahia Mar Key Biscayne
9D
3 / 2
1847
305
$999,000
9.1%
799 Crandon Blvd 604
Ocean Tower One
604
3 / 4.5
3084
199
$3,299,000
8.34%
600 Grapetree Drive 7BS
Mar Azul Condo
7BS
3 / 3
2800
188
$1,199,000
7.7%
765 Crandon Blvd PH-7
Lake Tower
PH-7
3 / 4
3091
90
$1,975,000
5.91%
785 Crandon Blvd 404
Club Tower Two
404
3 / 4.5
2500
243
$1,750,000
2.23%
600 Grapetree Dr 3DN
Mar Azul Condo
3DN
3 / 2
1987
207
$1,299,000
2.11%
 
Grand Bay Tower Condo
 
3 / 3.5
2930
299
$2,350,000
2.04%
711 Crandon Blvd 302
Resort Villa Two Condo
302
3 / 3
1830
209
$1,175,000
2%
789 CRANDON BLVD 706
Ocean Club
706
3 / 4.5
2790
171
$2,545,000
1.93%

4+ Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Days on
Market
Listing
Price
Price
Changes
548 Fernwood Rd
Townhome on Key Biscayne
 
4 / 3.5
2448
256
$1,750,000
5.4%
600 Grapetree Dr 9ES
Mar-Azul
9ES
4 / 3
2281
207
$949,000
5.01%
881 Ocean Dr 6H
Casa Del Mar
6H
4 / 3
3120
284
$1,995,000
4.95%
201 Crandon Blvd 166
Tidemark
166
4 / 4
3075
145
$1,850,000
2.63%

Closed Sales as of February 17, 2019

$2,365,000
Median Closing Price
$2,800,342
Average Sold Price
$945
Price Per Square Foot
60
Sold In Last 365 Days

or Contact Us Today

0 Bedroom Homes

AddressYear
Built
Living
Area
Lot
Size
Beds /
Baths
Closing
Date
Listing
Price
Closed
Price
881 HARBOR DR
1964
14250
14250
0 / 0
Dec 19, 2018
$4,800,000
$4,300,000
245 Buttonwood Dr
1961
0
7900
0 / 0
Sep 26, 2018
$1,560,000
$1,420,000

3 Bedroom Homes

AddressYear
Built
Living
Area
Lot
Size
Beds /
Baths
Closing
Date
Listing
Price
Closed
Price
465 Ridgewood Rd
1951
1152
0
3 / 1
Dec 22, 2018
$1,290,000
$1,110,000
115 Harbor Dr
1952
1529
0
3 / 2
Nov 12, 2018
$1,275,000
$1,200,000
398 Harbor Drive
1952
1806
0
3 / 3
Aug 20, 2018
$12,499,000
$11,100,000
599 Harbor Dr
1953
1673
9400
3 / 2
Jul 27, 2018
$1,750,000
$1,725,000
544 Satinwood Dr
1950
1120
0
3 / 1
Jun 18, 2018
$1,600,000
$1,520,000
320 Pacific Rd
1996
3481
0
3 / 3.5
May 23, 2018
$3,199,000
$3,030,000
301 Pacific Rd
1953
2398
12389
3 / 3
May 16, 2018
$2,450,000
$2,250,000
759 Fernwood Rd
1954
1249
7967
3 / 2
May 9, 2018
$1,295,000
$1,225,000
161 Harbor Dr
1957
1462
0
3 / 2
May 1, 2018
$1,690,000
$1,500,000
570 Fernwood Road
1951
0
0
3 / 2
Mar 15, 2018
$1,499,000
$1,375,000

4+ Bedroom Homes

AddressYear
Built
Living
Area
Lot
Size
Beds /
Baths
Closing
Date
Listing
Price
Closed
Price
390 Gulf Rd
1953
3290
0
4 / 4
Feb 15, 2019
$2,895,000
$2,650,000
9 Coconut Ln
1998
4007
0
5 / 7
Jan 23, 2019
$2,400,000
$2,300,000
101 W mc intyre
1995
4394
410030
5 / 5.5
Jan 22, 2019
$2,699,000
$2,600,000
250 Harbor Dr
1992
10574
20000
7 / 6.5
Jan 10, 2019
$10,800,000
$10,100,000
20 Turtle Walk
2000
3990
0
5 / 6
Jan 3, 2019
$2,450,000
$2,400,000
244 W MASHTA DRIVE
2018
0
0
5 / 6
Dec 31, 2018
$3,190,000
$2,720,000
345 Westwood Dr
2012
3955
0
6 / 5.5
Dec 27, 2018
$2,999,999
$2,770,000
375 Harbor Ct
1956
2505
9000
5 / 3.5
Dec 4, 2018
$2,290,000
$2,140,000
330 Glenridge Rd
1953
2561
7627
5 / 3.5
Nov 28, 2018
$1,725,000
$1,575,000
115 Hampton Ln
2001
3598
0
5 / 5
Nov 27, 2018
$2,725,000
$2,440,000

Active Listings For Sale Overview

$3,347,500
Median Listing Price
$4,823,688
Average List Price
$1,132
Price Per Square Foot
122
Active For Sale

Largest Price Reductions

3 Bedroom Homes

AddressYear
Built
Living
Area
Lot
Size
Beds /
Baths
Days on
Market
Listing
Price
Price
Changes
378 Caribbean Rd
1953
1789
0
3 / 3
313
$1,995,000
8.9%
482 Ridgewood Rd
1951
1562
0
3 / 2
199
$1,279,900
1.54%

4+ Bedroom Homes

AddressYear
Built
Living
Area
Lot
Size
Beds /
Baths
Days on
Market
Listing
Price
Price
Changes
737 Ridgewood Rd
1951
1974
0
4 / 2
192
$1,395,000
20.29%
15 HARBOR PT
1998
7445
0
7 / 8.5
900
$10,400,000
12.72%
501 N Mashta Drive
1974
6020
0
4 / 4.5
111
$9,900,000
9.92%
642 HAMPTON LN
2017
3513
7500
6 / 7
318
$3,200,000
8.57%
640 N Mashta Dr
1991
3673
10000
5 / 4.5
1074
$3,470,000
5.58%
110 Cape Florida Dr
1968
4502
16800
5 / 5
151
$8,950,000
4.79%
910 HARBOR DRIVE
1962
2735
0
5 / 4
469
$10,990,000
4.35%
980 MARINER DR
1969
3226
0
5 / 5
294
$5,970,000
3.63%
364 Gulf Rd
2012
5489
12016
6 / 6.5
275
$5,950,000
3.25%
217 Buttonwood Dr
1958
2503
0
4 / 3
286
$2,160,000
3.14%
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