Market Report – Key Biscayne, Florida2017-07-09T22:57:15-04:00

Market Report for Key Biscayne

Condos for Sale – Wondering the Value of Your Condos
Call or email us today!

For a complimentary comparative market analysis, please contact us so we can discuss your home’s value.
Real estate agents know how to sell homes. Successful sales balance four components: the market, price, condition of the house, and exposure.
We are available everyday 8:00 AM – 7:00 PM to assist you.

us

Market Report for Key Biscayne

Closed Sales as of January 21, 2019

$835,000
Median Closing Price
$1,354,156
Average Sold Price
$741
Price Per Square Foot
210
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 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
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
100 OCEAN LANE DRIVE
Key Biscayne one hundred
506
1 / 1.5
870
May 9, 2018
$365,000
$350,000

2 Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Closing
Date
Listing
Price
Closed
Price
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
170 Ocean Lane Dr 313
Ocean Lane Plaza
313
2 / 2
1435
Dec 4, 2018
$698,000
$675,000

3 Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Closing
Date
Listing
Price
Closed
Price
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
789 Crandon Blvd 1504
Ocean Club Tower One
1504
3 / 4.5
2500
Oct 15, 2018
$2,349,000
$2,200,000
141 Crandon Blvd 241
Key Colony
241
3 / 2
1715
Oct 5, 2018
$899,000
$865,000

4+ Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Closing
Date
Listing
Price
Closed
Price
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
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

Active Listings For Sale Overview

$1,095,000
Median Listing Price
$1,634,084
Average List Price
$736
Price Per Square Foot
303
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
47
$299,000
6.56%

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
69
$298,000
6.88%
290 Sunrise Dr 310
Key Islander
310
1 / 1
610
69
$329,000
5.73%
201 Crandon Blvd 304
Key Colony 1
304
1 / 1.5
1173
1128
$499,000
4.95%
100 OCEAN LN DR 203
Key Biscayne 100
203
1 / 1.5
870
90
$335,000
4.01%
 
Sunrise Club
 
1 / 1
530
453
$320,000
2.88%
55 Ocean Lane Dr 1030
Ocean Village Condo
1030
1 / 1.5
972
342
$399,900
0.03%

2 Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Days on
Market
Listing
Price
Price
Changes
 
Ocean Lane Plaza
 
2 / 2
1460
369
$525,000
11.76%
251 Crandon Blvd 629
Key Colony
629
2 / 2
1532
271
$659,000
9.6%
881 Ocean Dr 3C
Casa Del Mar
3C
2 / 2
1875
525
$950,000
9.52%
181 Crandon Blvd 404
Key Colony
404
2 / 2
1720
264
$910,000
7.05%
201 Crandon Blvd 242
Key Colony
242
2 / 2
1541
353
$1,050,000
6.67%
707 Crandon Blvd 307
Ocean Club
307
2 / 2
1450
235
$925,000
6.57%
1111 Crandon Blvd C302
The Towers
C302
2 / 2
1782
440
$749,000
6.26%
1121 Crandon Blvd F203
Towers of Key Biscayne
F203
2 / 2
1597
165
$678,000
5.83%
251 Crandon Blvd 204
Oceansound
204
2 / 2
1532
137
$640,000
5.19%
881 Ocean Dr 18F
Casa Del Mar
18F
2 / 2
1875
38
$1,695,000
5.04%

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
278
$999,000
9.1%
799 Crandon Blvd 604
Ocean Tower One
604
3 / 4.5
3084
171
$3,299,000
8.34%
430 Grand Bay Dr PH-2DS
Grand Bay Tower
PH-2DS
3 / 3.5
2930
125
$2,695,000
7.07%
 
Grand Bay Tower Condo
 
3 / 3.5
2930
271
$2,399,000
5.74%
765 Crandon Blvd PH-7
Lake Tower
PH-7
3 / 4.5
3091
63
$2,099,000
4.55%
789 Crandon Blvd 206
Ocean Club
206
3 / 4.5
2790
142
$2,445,000
4.49%
 
Bahia Mar Key Biscayne
 
3 / 3
1935
217
$1,199,000
4%
765 Crandon Blvd 311
Ocean
311
3 / 3.5
2602
187
$1,800,000
3.74%
765 Crandon Blvd 307
Lake Tower Condo
307
3 / 4
3091
147
$2,335,000
2.3%
711 Crandon Blvd 302
Resort Villa Two Condo
302
3 / 3
1830
182
$1,175,000
2%

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
229
$1,750,000
5.4%
600 Grapetree Dr 9ES
Mar-Azul
9ES
4 / 3
2281
180
$949,000
5.01%
881 Ocean Dr 6H
Casa Del Mar
6H
4 / 3
3120
256
$1,995,000
4.95%
1111 CRANDON BL C502-3
Towers of Key Biscayne
C502-3
4 / 4
2896
338
$1,699,000
2.86%
201 Crandon Blvd 166
Tidemark
166
4 / 4
3075
118
$1,850,000
2.63%

Closed Sales as of January 21, 2019

$2,350,000
Median Closing Price
$2,803,737
Average Sold Price
$952
Price Per Square Foot
59
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
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
265 Harbor Dr
2015
4010
7210
5 / 5.5
Nov 20, 2018
$3,295,000
$2,700,000
475 ALLENDALE RD
1951
2927
7622
4 / 4
Nov 15, 2018
$2,290,000
$2,200,000
260 Woodcrest Rd
2018
3579
7758
5 / 5.5
Nov 7, 2018
$3,250,000
$2,820,000

Active Listings For Sale Overview

$3,473,500
Median Listing Price
$4,817,069
Average List Price
$1,143
Price Per Square Foot
114
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
285
$1,995,000
8.9%
370 WOODCREST RD
1951
2513
8024
3 / 3
361
$1,699,900
5.51%
206 Buttonwood Dr
1959
2206
0
3 / 3
228
$1,797,000
2.81%

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
165
$1,395,000
20.29%
15 HARBOR PT
1998
7445
0
7 / 8.5
872
$10,400,000
12.72%
251 Harbor Dr
2001
3850
0
5 / 3
147
$3,300,000
12%
101 Woodcrest Ln
1953
2000
0
4 / 3
343
$2,250,000
9.96%
501 N Mashta Drive
1974
6020
0
4 / 4.5
84
$9,900,000
9.92%
335 Pacific Rd
1951
3285
12246
4 / 3.5
81
$2,990,000
9.39%
571 Harbor Dr
1955
4167
0
6 / 6.5
259
$2,699,000
8.51%
640 N Mashta Dr
1991
3673
10000
5 / 4.5
1047
$3,470,000
5.58%
200 W Mashta Dr
1950
2507
7500
4 / 3
262
$1,850,000
5.13%
735 N Mashta Dr
1959
5147
0
5 / 4.5
332
$9,500,000
5%
Back to All Cities Page