Market Trends: 5/20/2012
Key Biscayne
Market Snapshot
Total Properties Listed:
267
Month-Over-Month Change: -1.48%
Average List Price:
$2,287,493
Month-Over-Month Change: +5.19%
Median List Price:
$1,375,000
Month-Over-Month Change: +15.55%
Typical Property
Condo
3.03 Bedrooms
3.13 Baths
$2,287,493 Average List Price
$722/SqFt Average Price per SqFt.
Average Price by Bedrooms:
1 Bedroom:
$476,562
2 Bedrooms:
$727,625
3 Bedrooms:
$1,742,999
4 Bedrooms:
$3,011,241
5 Bedrooms:
$4,991,533
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Key Biscayne, FL Real Estate:
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Key Biscayne Real Estate
About Key Biscayne
Key Biscayne, Florida, a tropical island paradise just six miles off the coast of Miami, Florida, is a world-class resort community and premier vacation destination. At the point where I95 turns into US1 and continues all the way south to Key West, is the last exit that will take the traveler across the Rickenbacker Causeway, over Virginia Key, past the Miami Seaquarium (the home of the original "Flipper"), all the way to the idyllic island of Key Biscayne.
In recent years, the construction of several large resort hotels, condominium complexes and shopping centers on the island has affected the once bucolic island life, as commercialism has continued to accelerate at a frenetic pace. The Village has its own fire, police and a newly expanded public elementary and middle school. The tax rate remains the lowest of any municipality in Miami-Dade County. The Village has just completed a new civic center including fire, police and administration buildings and a well-appointed recreation and community center with indoor multi use courts, outdoor swimming pool and a renowned musical theater program.
Key Biscayne offers a wide variety of outdoor recreational activities including bicycling, tennis, golf, fishing, kite boarding, windsurfing, boating, sailing and waterbikes. In addition, the unsurpassed safety of this island paradise and the people of the community, make Key Biscayne not only a popular vacation destination, but one of the best and most beautiful places to live in the world!
Key Biscayne Neighborhoods