Market Report – Key Biscayne, Florida 2017-07-09T22:57:15-04:00

Market Report for Key Biscayne

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Market Report for Key Biscayne

Closed Sales as of June 20, 2018

$800,000
Median Closing Price
$1,380,853
Average Sold Price
$722
Price Per Square Foot
187
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
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
455 Grand Bay Dr
Gb Resort Condo Hotel
607
0 / 1
378
Feb 19, 2018
$550,000
$500,000
455 Grand Bay Dr
Ritz-Carlton
820
0 / 1
376
Feb 1, 2018
$475,000
$550,000
455 Grand Bay Dr
Gb Resort Condo Hotel
1219
0 / 1
376
Dec 21, 2017
$487,000
$460,000
455 GRAND BAY DR 322
Gb Resort Condo Hotel
322
0 / 1
376
Sep 27, 2017
$410,000
$370,000

1 Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Closing
Date
Listing
Price
Closed
Price
100 OCEAN LANE DRIVE
Key Biscayne one hundred
506
1 / 1.5
870
May 9, 2018
$365,000
$350,000
200 Galen Dr
Galen Drive West Condo
303
1 / 1.5
730
May 8, 2018
$319,000
$305,000
177 Ocean Lane Dr
Commodore Club East
1002
1 / 1.5
840
Apr 20, 2018
$579,000
$540,000
301 Sunrise Dr
North Sunrise
2C
1 / 1.5
705
Apr 19, 2018
$389,000
$320,000
455 Grand Bay Dr
G B Resort Condo Hotel
303
1 / 1
849
Mar 21, 2018
$990,000
$930,000
155 Ocean Lane Dr
Commodore Club West
407
1 / 1.5
895
Mar 15, 2018
$530,000
$527,000
1121 Crandon Blvd
Towers Ofkey Biscayne
F605
1 / 1.5
1114
Mar 12, 2018
$439,000
$440,000
101 Ocean Lane Dr
Ocean Village
1016
1 / 1.5
972
Mar 5, 2018
$415,000
$384,000
251 Galen Dr
Key Biscayne VI
215-E
1 / 1.5
854
Feb 12, 2018
$315,000
$275,000
455 Grand Bay Drive
Gb Resort Condo Hotel
212
1 / 1
849
Jan 26, 2018
$749,000
$732,000

2 Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Closing
Date
Listing
Price
Closed
Price
300 SUNRISE DR
Governors Lodge
2 F
2 / 1
670
Jun 18, 2018
$424,900
$405,000
 
Sands of Key Biscayne
 
2 / 2
1496
Jun 14, 2018
$1,235,000
$1,175,000
201 Galen Dr
Key Biscayne VI Condo
316W
2 / 2
1109
Jun 13, 2018
$370,000
$370,000
221 E Enid Dr
Gardens of Key Biscayne
41
2 / 2.5
1460
Jun 8, 2018
$899,000
$865,000
255 Galen Dr
Solimar Condo
2B
2 / 2
1036
Jun 7, 2018
$470,000
$460,000
251 Crandon Blvd
Oceansound
105
2 / 2
1724
Jun 6, 2018
$1,199,000
$1,120,000
1121 Crandon Blvd
Towers of Key Biscayne
D104
2 / 2
1409
May 31, 2018
$799,000
$750,000
1121 Crandon Blvd
Towers of Key Biscayne
E1207
2 / 2
1782
May 29, 2018
$1,285,000
$1,180,000
170 Ocean Lane Dr
Ocean Lane Plaza Condo
607
2 / 2
1460
May 28, 2018
$650,000
$616,000
707 Crandon Blvd
Resort Villas
407
2 / 2
1450
May 25, 2018
$1,000,000
$900,000

3 Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Closing
Date
Listing
Price
Closed
Price
731 Crandon Blvd
Lake Villa Two
307
3 / 3
2220
Jun 19, 2018
$1,350,000
$1,125,000
650 Ocean Dr
Bahia Mar Key Biscayne
7C
3 / 3
2162
Jun 18, 2018
$1,376,000
$1,295,000
799 Crandon Blvd
Ocean Tower One
505
3 / 2
2510
Jun 11, 2018
$2,080,000
$2,080,000
445 Grand Bay Dr
Grand Bay
208
3 / 4.5
3290
Jun 6, 2018
$2,100,000
$2,000,000
161 Crandon Blvd
Key Colony Condo #4
411
3 / 2
1720
May 31, 2018
$799,000
$684,000
721 Crandon Blvd
Lake Villa One
507
3 / 3
2174
May 30, 2018
$1,395,000
$1,300,000
101 Ocean Lane Dr
Ocean Village Condo
1011
3 / 2
1734
May 30, 2018
$575,000
$550,000
201 Crandon Blvd
Tidemark
161
3 / 4
2604
May 29, 2018
$1,550,000
$1,475,000
1121 Crandon Blvd
Towers Of Key Biscayne
F1002
3 / 3
2402
May 25, 2018
$1,675,000
$1,487,500
55 Ocean Lane Dr
Ocean Village
1035
3 / 2
1734
May 24, 2018
$695,000
$660,000

4+ Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Closing
Date
Listing
Price
Closed
Price
 
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
360 Ocean Dr
Oceana Key Biscayne Condo
702S
4 / 5.5
3603
May 8, 2018
$5,495,000
$4,700,000
785 Crandon Blvd
Ocean Club
UPH3
4 / 3.5
5110
Apr 30, 2018
$5,990,000
$5,675,000
785 CRANDON BL
Club Tower II
UPH4
4 / 6.5
5110
Apr 26, 2018
$5,650,000
$5,400,000
201 CRANDON BL 170
Tidemark
170
4 / 3.5
3075
Mar 7, 2018
$2,550,000
$1,988,500
791 CRANDON BL 1408
Ocean Tower Two Condo
1408
4 / 5.5
5207
Feb 14, 2018
$8,300,000
$6,650,000
257 E Enid Dr
Gardens of Key Biscayne
60
4 / 3.5
2442
Jan 23, 2018
$1,595,000
$1,450,000
360 OCEAN DR
Oceana Key Biscayne
1101S
4 / 7.5
4080
Nov 20, 2017
$7,900,000
$7,350,000
791 CRANDON BL
Ocean Tower Two
1407
4 / 5.5
3581
Oct 23, 2017
$3,800,000
$3,620,000

Active Listings For Sale Overview

$1,075,000
Median Listing Price
$1,562,118
Average List Price
$746
Price Per Square Foot
301
Active For Sale

Largest Price Reductions

1 Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Days on
Market
Listing
Price
Price
Changes
77 Crandon Blvd
The Palms of Key Biscayne
5B
1 / 1.5
744
138
$420,000
6.67%
798 Crandon Blvd
Le Phare
45-B
1 / 1.5
776
54
$370,000
4.88%
575 Crandon Blvd
Key Bisc Ambassador Condo
401
1 / 1.5
1225
85
$429,999
4.44%
55 Ocean Lane Dr
Ocean Village Condo
1030
1 / 1.5
972
127
$400,000
4.08%
1121 Crandon Blvd
Towers of Key Biscayne
F704
1 / 1.5
1114
734
$479,500
1.94%

2 Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Days on
Market
Listing
Price
Price
Changes
1111 Crandon Blvd
Towers of Key Biscayne
A607
2 / 2
1782
118
$1,055,000
12.01%
290 Sunrise Dr
Key Islander
2-E
2 / 1
962
250
$440,000
11.11%
1121 Crandon Blvd
Towers of Key Biscayne
E103
2 / 2
1409
163
$575,000
8.59%
115 Sunrise Dr
115 sunrise
2D
2 / 2
1212
200
$399,000
6.99%
251 Crandon Blvd
Oceansound
927
2 / 2
1546
356
$749,000
6.26%
1121 Crandon Blvd
Towers of Key Biscayne
F407
2 / 2
1782
246
$985,000
6.1%
600 Grapetree Dr
Marazul
3FN
2 / 2
1670
50
$635,000
5.93%
200 Galen Dr
Galen Drive West
105
2 / 2
1045
635
$430,000
5.49%
177 Ocean Lane
Commodore Club East
1009
2 / 2
1260
68
$799,000
4.77%
881 Ocean Dr
Casa Del Mar Condo
TH23
2 / 2
1042
152
$1,049,000
4.55%

3 Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Days on
Market
Listing
Price
Price
Changes
141 Crandon Blvd
Key Colony 4
135
3 / 3
1790
75
$999,000
16.68%
155 Ocean Lane Dr
Commodore Club West
1001
3 / 3
1930
152
$1,550,000
13.89%
791 CRANDON BL
Ocean Club II
101
3 / 4
2457
608
$1,950,000
9.3%
350 Ocean Dr
Oceana Key Biscayne
903N
3 / 4.5
3235
415
$5,500,000
6.78%
430 Grand Bay Dr
Grand Bay
301
3 / 4.5
3950
233
$3,750,000
6.23%
101 Crandon Blvd
Botanica
171
3 / 2
1715
105
$893,000
6%
 
The Ocean Club
 
3 / 3
1830
237
$1,260,000
5.97%
765 Crandon Blvd
Lake Tower Condo
407
3 / 4
3091
48
$2,290,000
4.58%
141 CRANDON BL 138
Botanica
138
3 / 2
1720
966
$760,000
3.8%
701 Crandon Blvd
Resort Villa One Condo
201
3 / 2
1700
71
$1,150,000
3.36%

4+ Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Days on
Market
Listing
Price
Price
Changes
151 Crandon Blvd
The Emeraldbay Key Colo
500
4 / 4.5
2957
142
$2,150,000
3.37%
799 CRANDON BLVD
Ocean Club
401
4 / 5.5
5403
133
$6,499,000
3%
1111 CRANDON BL
Towers of Key Biscayne
C502-3
4 / 4
2896
123
$1,795,000
2.97%
791 Crandon Blvd
The Ocean Club
907
4 / 5.5
3581
180
$4,985,000
0.2%

Closed Sales as of June 20, 2018

$2,175,000
Median Closing Price
$2,360,985
Average Sold Price
$863
Price Per Square Foot
50
Sold In Last 365 Days

or Contact Us Today

3 Bedroom Homes

AddressYear
Built
Living
Area
Lot
Size
Beds /
Baths
Closing
Date
Listing
Price
Closed
Price
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
360 Harbor Ln
1952
1165
0
3 / 1
Feb 28, 2018
$1,495,000
$1,235,000
759 Fernwood Rd
1954
1249
0
3 / 2
Feb 27, 2018
$1,150,000
$1,000,000
92 W Mashta Dr
1950
2555
0
3 / 3
Feb 23, 2018
$1,450,000
$1,425,000
253 W ENID DR
1950
1819
7500
3 / 1.5
Dec 12, 2017
$1,549,000
$1,261,000

4+ Bedroom Homes

AddressYear
Built
Living
Area
Lot
Size
Beds /
Baths
Closing
Date
Listing
Price
Closed
Price
775 Curtiswood Dr
1951
2851
0
5 / 5
Jun 19, 2018
$2,000,000
$1,645,000
631 WARREN LN
2013
3500
7500
5 / 5.5
Jun 12, 2018
$3,300,000
$3,050,000
325 Ridgewood RD
2017
3611
0
6 / 7.5
Jun 11, 2018
$2,925,000
$2,750,000
345 HARBOR CT
1956
4200
8000
5 / 4.5
Jun 8, 2018
$2,999,000
$2,850,000
260 Cape Florida Dr
2004
18091
32300
9 / 9
Jun 6, 2018
$13,900,000
$12,000,000
300 Fernwood Rd
1953
1651
0
4 / 3
Jun 5, 2018
$1,500,000
$1,250,000
335 CYPRESS DRIVE
1961
2168
0
5 / 3
Jun 4, 2018
$2,137,000
$2,025,500
641 Glenridge Rd
1951
2588
0
4 / 3.5
May 29, 2018
$2,250,000
$2,100,000
545 GLENRIDGE ROAD
2014
6275
10480
6 / 7
May 2, 2018
$4,499,000
$4,400,000
260 RIDGEWOOD ROAD
1953
2644
0
4 / 3
Apr 30, 2018
$2,490,000
$2,380,000

Active Listings For Sale Overview

$3,345,000
Median Listing Price
$5,105,502
Average List Price
$1,204
Price Per Square Foot
118
Active For Sale

Largest Price Reductions

0 Bedroom Homes

AddressYear
Built
Living
Area
Lot
Size
Beds /
Baths
Days on
Market
Listing
Price
Price
Changes
670 HARBOR DRIVE
2016
0
0
0 / 0
337
$8,490,000
5.67%

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
278
$1,590,000
4.79%
115 Harbor Dr
1952
1529
0
3 / 2
86
$1,400,000
3.45%
 
1961
1914
0
3 / 2
106
$1,797,000
2.71%

4+ Bedroom Homes

AddressYear
Built
Living
Area
Lot
Size
Beds /
Baths
Days on
Market
Listing
Price
Price
Changes
750 S Mashta Dr
1994
5967
0
5 / 5.5
138
$10,900,000
14.84%
678 Woodcrest Rd
1950
2578
8500
4 / 3
117
$2,350,000
7.84%
700 HARBOR DRIVE
1996
7723
0
6 / 7.5
879
$10,270,000
6.01%
283 HARBOR COURT
2012
5531
0
6 / 6.5
219
$4,495,000
5.37%
900 HARBOR DRIVE
1960
7189
0
6 / 6.5
547
$9,470,000
5.21%
220 ISLAND DR
1961
4899
0
5 / 5
2620
$5,990,000
4.16%
341 Palmwood Ln
2005
5839
0
7 / 6.5
478
$3,549,000
3.82%
3 Coconut Ln
1998
4007
5704
6 / 6
139
$2,600,000
3.7%
910 HARBOR DRIVE
1962
2735
0
5 / 4
226
$11,490,000
3.45%
792 RIDGEWOOD RD
1951
2625
0
4 / 4
48
$2,390,000
2.25%
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