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 April 19, 2019

$814,500
Median Closing Price
$1,397,397
Average Sold Price
$744
Price Per Square Foot
194
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 214
Ritz-Carlton
214
0 / 1
354
Apr 18, 2019
$485,000
$460,000
155 Ocean Lane Dr 115A
Commodore Club West Condo
115A
0 / 1
400
Apr 10, 2019
$280,000
$270,000
455 Grand Bay Dr 706
Gb Resort Condo Hotel
706
0 / 1
402
Apr 2, 2019
$950,000
$700,000
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

1 Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Closing
Date
Listing
Price
Closed
Price
155 Ocean Lane Dr 1006
Commodore Club West Condo
1006
1 / 1.5
895
Mar 28, 2019
$450,000
$440,000
201 Crandon Blvd 1032
Tidemark Key Colony
1032
1 / 2
1089
Mar 26, 2019
$595,000
$555,000
100 OCEAN LN DR 203
Key Biscayne 100
203
1 / 1.5
870
Mar 21, 2019
$335,000
$305,000
100 Sunrise Dr 33
Sunrise Club Condo
33
1 / 1
562
Feb 20, 2019
$213,900
$225,000
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

2 Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Closing
Date
Listing
Price
Closed
Price
 
Towers of Key Biscayne
 
2 / 2
1782
Apr 11, 2019
$975,000
$925,000
199 Ocean Lane Dr 515
Commodore Club South
515
2 / 2
1350
Apr 10, 2019
$650,000
$635,000
881 Ocean Dr TH24
Casa Del Mar
TH24
2 / 2
1042
Apr 8, 2019
$790,000
$750,000
55 Ocean Lane Dr 4028
Ocean Village
4028
2 / 2
1450
Apr 8, 2019
$489,000
$445,000
1121 Crandon Blvd D1101
Towers of Key Biscayne
D1101
2 / 2
1782
Apr 4, 2019
$1,295,000
$1,200,000
1111 Crandon Blvd A403
Towers of Key Biscayne
A403
2 / 2
1409
Apr 4, 2019
$755,000
$725,000
 
The Palms
 
2 / 2
1105
Apr 2, 2019
$525,000
$490,000
360 Ocean Dr 605S
Oceana Key Biscayne
605S
2 / 3.5
1888
Mar 25, 2019
$2,095,000
$1,875,000
155 Ocean Lane Dr 904
Commodore Club West
904
2 / 2
1260
Mar 19, 2019
$849,000
$839,000
201 Galen Dr 112W
Key Biscayne VI
112W
2 / 2
1109
Mar 12, 2019
$335,000
$330,000

3 Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Closing
Date
Listing
Price
Closed
Price
799 Crandon Blvd 1506
Ocean Tower One
1506
3 / 3
2605
Apr 18, 2019
$2,295,000
$2,225,000
 
Casa Del Mar Condo
 
3 / 3
3120
Apr 17, 2019
$2,649,000
$2,525,000
50 Ocean Lane Dr 103
The Pyramids
103
3 / 2
1360
Apr 3, 2019
$565,000
$520,000
741 Crandon Blvd PH4
Lake Villa Three
PH4
3 / 3
2470
Apr 3, 2019
$1,695,000
$1,600,000
151 Crandon Boulevard 330
Emeraldbay
330
3 / 3
2001
Apr 1, 2019
$899,000
$815,000
101 Crandon Blvd 171
Botanica
171
3 / 2
1715
Mar 15, 2019
$799,000
$720,000
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

4+ Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Closing
Date
Listing
Price
Closed
Price
445 Grand Bay Dr 1201
Grand Bay Residences
1201
5 / 4.5
5634
Mar 28, 2019
$5,850,000
$5,000,000
791 Crandon Blvd 808
Ocean Tower Two
808
4 / 5.5
5207
Mar 22, 2019
$5,999,000
$5,875,000
1111 Crandon Blvd A1002
Towers of Key Biscayne
A1002
4 / 4
3191
Mar 19, 2019
$1,975,000
$1,745,000
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

Active Listings For Sale Overview

$1,150,000
Median Listing Price
$1,538,005
Average List Price
$718
Price Per Square Foot
314
Active For Sale

Largest Price Reductions

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
157
$298,000
6.88%
290 Sunrise Dr 310
Key Islander
310
1 / 1
610
158
$329,000
5.73%
201 Crandon Blvd 304
Key Colony 1
304
1 / 1.5
1173
1217
$499,000
4.95%
200 Ocean Lane Dr 304
Island House
304
1 / 1
950
79
$699,000
3.59%
 
Sunrise Club
 
1 / 1
530
542
$320,000
2.88%
100 Sunrise Dr 33
Sunrise Club Condo
33
1 / 1
562
50
$284,900
1.42%

2 Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Days on
Market
Listing
Price
Price
Changes
251 Crandon Blvd 1137
Key Colony
1137
2 / 2
1611
47
$1,175,000
9.62%
1121 Crandon Blvd. D106
Towers of Key Biscayne
D106
2 / 2
1409
86
$729,000
8.76%
881 Ocean Dr 23D
Casa Del Mar
23D
2 / 2
1875
90
$1,190,000
7.03%
251 Crandon 906
Oceansound
906
2 / 2
1870
31
$1,357,000
6.86%
200 Ocean Lane Dr 1009
Island House Apt
1009
2 / 2
1350
323
$948,500
4.86%
201 Crandon Blvd 124
Key Colony No 1
124
2 / 2.5
1809
129
$1,190,000
4.8%
733 CRANDON BLVD 305
Ocean Club
305
2 / 2.5
2060
257
$1,190,000
4.8%
575 Crandon Blvd 506
Key Biscayne Ambassador
506
2 / 2
1311
600
$499,000
4.68%
177 Ocean Lane Dr 813
Commodore Club East
813
2 / 2
1260
94
$698,000
4.38%
1111 Crandon Blvd B902
The Towers of Key Biscayn
B902
2 / 2
1782
431
$1,150,000
3.77%

3 Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Days on
Market
Listing
Price
Price
Changes
 
Botanika
 
3 / 3
1836
115
$995,000
9.13%
155 Ocean Lane Dr 500
Commodore Club West
500
3 / 2.5
1930
92
$999,999
8.26%
600 Grapetree Dr 8CS
Mar-Azul Condo
8CS
3 / 3
2841
52
$1,195,000
6.93%
737 Crandon Blvd PH-2
The Ocean Club
PH-2
3 / 2.5
2470
81
$1,700,000
6.85%
550 Ocean Dr 4C
Galen Breakers
4C
3 / 2
1325
33
$545,000
6.84%
605 Ocean Dr 10M
Sands Condominium
10M
3 / 3
1772
186
$1,599,000
5.89%
201 Crandon Blvd 163
Tidemark
163
3 / 3
2604
46
$1,650,000
5.71%
251 Crandon Blvd 205
Oceansound Key Colony 2
205
3 / 2
1724
724
$949,000
5.1%
721 CRANDON BLVD 408
Lake Villa One
408
3 / 3
2683
105
$1,625,000
4.24%
600 Grapetree Drive 7BS
Mar Azul Condo
7BS
3 / 3
2800
250
$1,150,000
4.09%

4+ Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Days on
Market
Listing
Price
Price
Changes
151 Crandon Blvd PH1123
Key Colony
PH1123
5 / 4.5
3138
509
$2,300,000
11.5%
799 Crandon Blvd PH-2
Ocean Club
PH-2
4 / 6
3749
144
$4,990,000
8.44%
791 CRANDON BL 208
Ocean Club
208
7 / 9
6701
164
$6,800,000
6.21%
727 Crandon Blvd PH1
Lake Villa One Condo
PH1
4 / 3
2667
68
$1,695,000
3.14%
548 Fernwood Rd
Townhome on Key Biscayne
 
4 / 3.5
2448
318
$1,699,000
2.91%
201 Crandon Blvd 166
Tidemark
166
4 / 4
3075
207
$1,799,000
2.76%

Closed Sales as of April 19, 2019

$2,390,000
Median Closing Price
$2,986,527
Average Sold Price
$991
Price Per Square Foot
56
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
300 Caribbean Rd
1952
2103
0
3 / 3
Apr 15, 2019
$1,399,000
$1,300,000
206 Buttonwood Dr
1959
2206
0
3 / 3
Mar 20, 2019
$1,797,000
$1,675,000
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

4+ Bedroom Homes

AddressYear
Built
Living
Area
Lot
Size
Beds /
Baths
Closing
Date
Listing
Price
Closed
Price
530 Harbor Dr
1957
1808
0
4 / 3
Apr 6, 2019
$3,714,500
$3,550,000
51 Island Dr
1989
4660
0
7 / 7.5
Mar 6, 2019
$2,850,000
$2,800,000
350 Island Dr
2010
5080
12800
7 / 7.5
Feb 28, 2019
$8,450,000
$7,900,000
241 Island Dr
1967
2508
12000
4 / 3
Feb 20, 2019
$2,490,000
$2,000,000
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

Active Listings For Sale Overview

$3,322,500
Median Listing Price
$5,120,413
Average List Price
$1,146
Price Per Square Foot
124
Active For Sale

Largest Price Reductions

3 Bedroom Homes

AddressYear
Built
Living
Area
Lot
Size
Beds /
Baths
Days on
Market
Listing
Price
Price
Changes
125 Woodcrest Ln
1953
1841
0
3 / 2.5
73
$1,570,000
8.72%

4+ Bedroom Homes

AddressYear
Built
Living
Area
Lot
Size
Beds /
Baths
Days on
Market
Listing
Price
Price
Changes
291 HARBOR CT
1963
0
7714
4 / 3
355
$1,489,000
14.38%
15 HARBOR PT
1998
7445
0
7 / 8.5
961
$10,400,000
12.72%
571 Harbor Dr
1955
4167
0
6 / 6.5
348
$2,475,000
8.3%
335 Pacific Rd
1951
3285
12246
4 / 3.5
170
$2,750,000
8.03%
650 Curtiswood Dr
1996
3840
0
5 / 4.5
382
$2,599,999
7.96%
325 Gulf Rd
1955
3310
0
5 / 4
107
$2,950,000
6.35%
270 Greenwood Dr
2016
3800
0
5 / 5.5
78
$3,350,000
6.29%
365 W Enid Dr
1951
1867
0
4 / 3
106
$1,699,000
5.56%
653 Glenridge Rd
1951
2666
7500
5 / 4.5
59
$1,790,000
5.29%
251 Harbor Dr
2001
3850
0
6 / 7
74
$3,150,000
4.55%
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