Market Report – Key Biscayne, Florida2017-08-10T02:54:15-04:00

Market Report for Key Biscayne

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Market Report for Key Biscayne

Closed Sales as of October 21, 2021

$960,000
Median Closing Price
$1,342,170
Average Sold Price
$672
Price Per Square Foot
445
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
Ritz Carlton Hotel
517
0 / 1
532
Aug 30, 2021
$549,000
$549,000
455 Grand Bay Dr
The Ritz Carlton
718
0 / 1
378
Aug 6, 2021
$499,000
$490,000
455 Grand Bay Dr
Gb Resort Condo Hotel
711
0 / 1
376
May 14, 2021
$675,000
$630,000

1 Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Closing
Date
Listing
Price
Closed
Price
177 Ocean Lane Dr
Commodore Club East
302
1 / 1.5
840
Sep 13, 2021
$577,000
$577,000
290 Sunrise Dr
Key Islander Condo
3-J
1 / 1
610
Sep 1, 2021
$315,000
$310,000
1111 Crandon Blvd
Towers of Key Biscayne Co
C804
1 / 1.5
1114
Aug 19, 2021
$520,000
$485,000
300 Sunrise Dr
Governors Lodge
2L
1 / 1
440
Aug 18, 2021
$317,000
$317,000
201 Crandon Blvd
Tidemark
236
1 / 1.5
1134
Aug 13, 2021
$630,000
$600,000
55 Ocean Lane Dr
Ocean Village
4029
1 / 1.5
972
Jul 29, 2021
$365,000
$365,000
455 Grand Bay Dr
G B Resort Condo Hotel
817
1 / 1
532
Jul 19, 2021
$550,000
$525,000
155 Ocean Lane Dr
Commodore Club West Condo
907
1 / 1.5
895
Jul 19, 2021
$625,000
$595,000
240 Galen Dr
Galen Drive Condo
314
1 / 1.5
725
Jul 19, 2021
$380,000
$340,000
881 Ocean Dr
Casa del Mar Condo
L5
1 / 1
930
Jul 19, 2021
$639,000
$620,000

2 Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Closing
Date
Listing
Price
Closed
Price
1111 Crandon Blvd
Towers of Key Biscayne
B304
2 / 2
1409
Sep 28, 2021
$950,000
$935,000
161 Crandon Blvd
Key Colony No 4 Condo
225
2 / 2
1715
Sep 27, 2021
$950,000
$867,000
251 Crandon Blvd
Key Colony No 2 Condo
702
2 / 2
1464
Sep 21, 2021
$820,000
$820,000
425 Grapetree Dr
Grapetree Townhomes
209
2 / 2.5
1404
Sep 17, 2021
$890,000
$875,000
200 Galen Dr
Galen dr west
106
2 / 2
1045
Sep 16, 2021
$399,900
$390,000
101 Ocean Lane Dr
Ocean Village
3013
2 / 2
1450
Sep 16, 2021
$649,900
$649,900
781 Crandon Blvd
Club Tower Three Condo
1005
2 / 2.5
2100
Sep 14, 2021
$2,295,000
$2,207,000
1111 Crandon Blvd
Towers of Key Biscayne
B1004
2 / 2
1409
Sep 10, 2021
$869,000
$856,000
177 Ocean Lane Dr
Key Biscayne Commodore
106
2 / 2
1260
Sep 9, 2021
$775,000
$730,000
177 ocean lane drive
Commodore Club East
1212
2 / 2
1260
Sep 9, 2021
$860,000
$1,100,000

3 Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Closing
Date
Listing
Price
Closed
Price
430 Grand Bay Dr
Grand Bay Tower
707
3 / 4
2840
Sep 28, 2021
$2,800,000
$2,800,000
615 Ocean Dr
The Sands of Key Biscayne
2B
3 / 3
1772
Sep 28, 2021
$1,795,000
$1,725,000
789 Crandon Blvd
Ocean Club
606
3 / 5.5
2790
Sep 24, 2021
$2,695,000
$2,650,000
201 Crandon Blvd
Tidemark
738
3 / 3
2675
Sep 23, 2021
$1,950,000
$1,775,000
600 Grapetree Dr
Mar-Azul Condo
4CN
3 / 3
2366
Sep 21, 2021
$2,100,000
$2,500,000
445 Grand Bay Dr
Grand Bay Residences Cond
510
3 / 4
2950
Sep 17, 2021
$2,380,000
$2,250,000
101 South Sunrise Dr
101 Condominium
A-203
3 / 3.5
2693
Sep 16, 2021
$1,800,000
$1,800,000
600 Grapetree Dr
Mar Azul
8BS
3 / 3
2523
Sep 15, 2021
$2,199,000
$2,100,000
360 Ocean Dr
Oceana Key Biscayne
LPH5S
3 / 4
1730
Sep 10, 2021
$3,385,000
$3,250,000
1121 Crandon Blvd
Towers of Key Biscayne Co
F601
3 / 2
1782
Sep 7, 2021
$1,249,000
$1,225,000

4+ Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Closing
Date
Listing
Price
Closed
Price
791 Crandon Blvd
The Ocean Club
407
4 / 5.5
3581
Aug 31, 2021
$4,460,000
$4,250,000
101 Sunrise Dr
101 Condominium
A-403
4 / 3.5
2213
Aug 9, 2021
$2,190,000
$1,930,000
155 Sunrise Dr
155 Sunrise Drive
5A
4 / 3
2276
Aug 3, 2021
$1,595,000
$1,585,000
200 Ocean Lane Dr
Island House
108
4 / 3
1650
Jul 26, 2021
$2,245,000
$2,250,000
445 GRAND BAY DR
Grand Bay Tower
1103
4 / 4.5
3480
Jul 14, 2021
$3,100,000
$2,900,000
257 South Enid Dr
Gardens of Key Biscayne
60
4 / 3.5
2442
Jun 13, 2021
$1,590,000
$1,532,600
360 Ocean Dr
Oceana Key Biscayne Condo
902S
4 / 5.5
3354
Jun 8, 2021
$7,000,000
$7,250,000
791 Crandon Blvd
Ocean Tower Two Condo
101
4 / 4
2457
Jun 1, 2021
$1,790,000
$1,600,000
799 Crandon Blvd
The Ocean Club
203
4 / 4.5
4049
May 24, 2021
$3,295,000
$3,125,000
360 Ocean Dr
Oceana Key Biscayne Condo
PH1S
5 / 7
7929
Apr 29, 2021
$21,900,000
$18,000,000

Active Listings For Sale Overview

$1,674,500
Median Listing Price
$2,533,526
Average List Price
$1,009
Price Per Square Foot
106
Active For Sale

Largest Price Reductions

1 Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Days on
Market
Listing
Price
Price
Changes
455 Grand Bay Dr
Ritz-Carlton
PH17
1 / 2
1275
308
$1,800,000
28%
100 Sunrise Dr
Sunrise Club
25
1 / 1
530
118
$389,900
0.03%

2 Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Days on
Market
Listing
Price
Price
Changes
251 Crandon Blvd
Key Colonly No 2 Condo
523
2 / 2
1838
127
$1,250,000
16.67%
1121 Crandon Blvd
The Towers of Key Biscayn
D504
2 / 2
1409
112
$899,999
7.69%
150 Ocean Lane Dr
Island Breakers Condo
8G
2 / 2
1335
43
$690,000
6.76%
151 Crandon Blvd
The Emeraldbay at Key Col
623
2 / 3
1778
141
$1,550,000
6.06%
200 Ocean Lane Dr
Island House
1001
2 / 2
1937
157
$2,280,000
4.6%
201 Crandon Blvd
Key Colony
440
2 / 2
1531
78
$1,249,000
3.85%
251 Crandon Blvd
Key Colony No 2 Condo
309
2 / 2
1611
106
$1,175,000
2.08%
555 Crandon Blvd
Crandon Tower Condo
54
2 / 2
1040
45
$519,000
1.89%

3 Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Days on
Market
Listing
Price
Price
Changes
155 Ocean Lane Dr
Commodore Club
1205/1203
3 / 3.5
2155
146
$1,699,000
19.1%
781 Crandon Blvd
Club Tower Three Condo
1204
3 / 4.5
2500
168
$5,000,000
7.41%
881 Ocean Dr
Casa Del Mar
7A
3 / 3
3120
87
$2,950,000
4.84%
201 Crandon Blvd
Tidemark
407
3 / 2
1541
63
$1,295,000
4.07%
765 Crandon Blvd
Ocean Club
506
3 / 3
2477
393
$1,925,000
3.51%
151 Crandon Blvd
Key Colony
408
3 / 3
2211
230
$2,135,000
2.51%
251 Crandon Blvd
Key Colony
230
3 / 3
2014
126
$1,595,000
1.85%

4+ Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Days on
Market
Listing
Price
Price
Changes
445 Grand Bay Dr
Grand Bay
1011
5 / 5.5
5890
204
$10,500,000
16%
445 Grand Bay Dr
Grand Bay Residences Cond
PH-2A
4 / 5.5
7400
91
$10,500,000
12.5%
791 Crandon Blvd
Ocean Tower Two
307
4 / 5.5
3581
78
$4,350,000
5.43%
110 Reef Ln
Oceana Key Biscayne Condo
10
4 / 4.5
5074
188
$11,500,000
3.36%

Closed Sales as of October 21, 2021

$2,775,000
Median Closing Price
$3,813,114
Average Sold Price
$1,020
Price Per Square Foot
128
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
797 Woodcrest Rd
2021
0
7984
0 / 0
Mar 17, 2021
$1,750,000
$1,650,000
252 Westwood Dr
2019
0
7835
0 / 0
Dec 21, 2020
$1,400,000
$1,275,000

3 Bedroom Homes

AddressYear
Built
Living
Area
Lot
Size
Beds /
Baths
Closing
Date
Listing
Price
Closed
Price
131 Harbor Dr
1954
1815
7551
3 / 3
Aug 13, 2021
$1,750,000
$1,650,000
738 Fernwood Rd
1951
1312
7726
3 / 2
Jul 30, 2021
$1,769,000
$1,769,000
131 Cape Florida Dr
1989
4696
14900
3 / 3.5
Jul 27, 2021
$7,200,000
$7,200,000
210 Greenwood Drive
1955
0
7500
3 / 2
Jul 6, 2021
$1,995,000
$1,995,000
698 Fernwood Rd #B
1998
2460
2460
3 / 3
Jul 6, 2021
$1,675,000
$1,650,000
735 Fernwood Rd
1954
1531
7967
3 / 2
Jun 21, 2021
$1,650,000
$1,550,000
485 Warren Ln
1950
1284
7633
3 / 1
Jun 16, 2021
$1,899,000
$1,850,000
515 Warren Ln
1952
2030
7633
3 / 2
Jun 14, 2021
$1,950,000
$1,875,000
335 Ridgewood Rd
1953
1890
7614
3 / 3
May 20, 2021
$1,850,000
$1,800,000
335 Greenwood Dr
1958
2011
7500
3 / 2
May 19, 2021
$1,749,000
$1,737,000

4+ Bedroom Homes

AddressYear
Built
Living
Area
Lot
Size
Beds /
Baths
Closing
Date
Listing
Price
Closed
Price
151 Island Dr
1968
2873
12000
4 / 2
Sep 24, 2021
$2,790,000
$2,750,000
545 Warren Ln
1952
2058
7834
4 / 4
Sep 19, 2021
$1,995,000
$1,900,000
105 Reef Ln
2014
5000
5000
7 / 5.5
Sep 16, 2021
$5,800,000
$5,600,000
265 Glenridge Rd
1952
1721
7822
4 / 2
Sep 15, 2021
$2,290,000
$2,145,000
630 Allendale Rd
1951
2022
7500
4 / 3
Aug 30, 2021
$2,390,000
$2,400,000
61 Island Dr
1990
4231
15000
5 / 5.5
Aug 25, 2021
$3,350,000
$3,400,000
561 Hampton Ln
2013
4165
7816
6 / 6.5
Aug 24, 2021
$3,999,000
$3,960,000
275 Harbor Dr
1958
2458
7500
4 / 4
Aug 21, 2021
$2,850,000
$2,550,000
445 Ridgewood Rd
1951
3600
7661
5 / 5.5
Aug 19, 2021
$3,850,000
$3,850,000
181 ISLAND DR
1968
3498
12000
6 / 5
Aug 19, 2021
$3,500,000
$3,455,000

Active Listings For Sale Overview

$4,325,000
Median Listing Price
$5,985,320
Average List Price
$1,614
Price Per Square Foot
25
Active For Sale

Largest Price Reductions

3 Bedroom Homes

AddressYear
Built
Living
Area
Lot
Size
Beds /
Baths
Days on
Market
Listing
Price
Price
Changes
130 Knollwood Dr
1967
2102
15000
3 / 3
106
$6,588,000
8.5%

4+ Bedroom Homes

AddressYear
Built
Living
Area
Lot
Size
Beds /
Baths
Days on
Market
Listing
Price
Price
Changes
155 Hampton Ln
2013
3584
8003
5 / 5.5
164
$3,890,000
8.47%
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