Key Biscayne

Key Biscayne

Located in Miami/Dade County

$2,591,565 Average Value
$1,235 Average Price per Sq Ft
115 Homes For Sale

Stretching out from Miami is the barrier island of Key Biscayne

Key Biscayne is a barrier island that juts into the Atlantic Ocean, offering residents plenty of ocean views and natural beauty. Connected to Miami via the Rickenbacker Causeway, Key Biscayne has been inhabited since the 1500s, after being discovered by Juan Ponce de Leon. A lighthouse was constructed there in the 1820s, and a town followed soon after. By the early 1900s, wealthy industrialists started making homes and purchasing land, along with resorts and hotels springing up. It was a popular summer destination for President Richard Nixon, who had his “Winter White House” on Biscayne Bay. Today, Key Biscayne has more than 14,000 people and a mix of housing options for buyers. “I love Key Biscayne. This is the best place in the world for me,” says Giulietta Ulloa, the senior vice president and broker associate at Berkshire Hathaway HomeServices EWM Realty. “It’s like a paradise island and it's very secure.”

Higher cost Spanish Revivals and modern homes

The median price for homes in Key Biscayne is $1.6 million, higher than the national median. Spanish Revivals, ranch styles and modern homes are present. Condos are also available, and some homes are HOA-controlled. Ulloa notes that mostly young families have moved into the area.

State parks, golf and beaches

On the southern end of Key Biscayne is Bill Baggs Cape Florida State Park, which features multiple fishing spots and trails. The park is also home to the Cape Florida Lighthouse, which was rebuilt in 1846 after the Second Seminole War. On the northern edge of Key Biscayne sits Crandon Park. Originally a coconut plantation, it has become a prime spot for kayaking, sailing, and birdwatching. The park also has a tennis center with 27 courts and a 13,000-seat stadium that formerly hosted the Miami Open tennis tournament.
Crandon Golf at Key Biscayne has been in the area since 1972 and features an 18-hole layout with artificial lakes and ocean views. The facility also has a driving range and practice area. Village Green Park, in the Village of Key Biscayne, has several soccer fields and walking paths in the island's center.

Beach locations surround the island, with some having public access and others only open to residents.

Miami-Dade County Public Schools

Students attend Miami-Dade County Public Schools, which is rated A-minus on Niche. Elementary and middle schools are the primary institutions on the island, while high schools are in Virginia Key and Miami.

Hurricane and flooding risk

Hurricanes can be a factor in Key Biscayne, with Hurricane Andrew severely affecting the area in 1992. However, Ulloa says homes have been built with stronger materials to withstand severe weather. According to available maps, some parts of Key Biscayne can flood.

Dining and shopping off Crandon Boulevard

Most local dining spots are off Crandon Boulevard and feature various cuisines and styles. Milanezza Kitchen and Bar is an Italian and Argentinian fusion spot with steaks, homemade pasta and seafood. Costa Med Bistro + Wine serves Mediterranean-inspired dishes. Mestizo Latin Cuisine serves breakfast and lunch items.
Key Biscayne has several small boutique gift, clothing and jewelry stores. Winn-Dixie has a location on Crandon Boulevard. Other big-box and grocery stores are across the Rickenbacker Causeway.
Several urgent care clinics and doctors' offices are on the Island, but HCA Florida Mercy Hospital is 7 miles west across the causeway.

Metro Bus Service and access to Interstate 95

Metro Bus connects to Key Biscayne with the #26 service running across the causeway to Brickell Avenue. The causeway also directly leads to the entrance to Interstate 95 and downtown Miami. The closest commercial airport is Miami International.

Crime in Miami-Dade County

According to the latest data from the Miami-Dade Sheriff’s Office, violent crime has dropped by over 16%, while property crime has decreased by over 12%.

Tyler Patchen
Written By
Tyler Patchen
Daniele Giuseppe Del Gaudio
Photography Contributed By
Daniele Giuseppe Del Gaudio

Interested in learning more about homes in this area? Reach out to Ramona Bautista, an experienced agent in this area.

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Key Biscayne Housing Trends

Housing Trends

Median List Price
$1,825,000
Median Sale Price
$1,390,000
Median Single Family Sale Price
$4,375,000
Median Townhouse Sale Price
$2,725,000
Median 2 Bedroom Sale Price
$1,140,000
Median Change From 1st List Price
7%
Last 12 months Home Sales
137
Median Home Sale Price YoY Change
-$21
Average Price Per Sq Ft
$1,235

Neighborhood Facts

Number of Homes for Sale
115
Months of Supply
10.10

Open Houses

  • Sunday, Jun 15
    12:15 - 2:15pm

    265 Grapetree Dr Unit 108, Key Biscayne, FL 33149

    $1,259,999

    • 3 Beds
    • 2.5 Baths
    • 1,404 Sq Ft
    • 265 Grapetree Dr
    • Unit 108

    Compare with 3 bedrooms with 2 + 1/2/ bath. homes. Come to Key Biscayne and discover the magic of Grapetree in this stunning 1,402-square-foot townhouse with a larger spacious patio! Featuring 3 bedrooms and 2.5 bathrooms and a fantastic social layout: Porsche entrance where friends gather, the cozy family room and the inviting open kitchen bar with stainless steel appliances and marble

    Steven Koleno Beycome of Florida LLC

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value



Source: Public Records

Property Mix - Square Feet

Key Biscayne Has More Owners

Demographics

Total Population
17,462
Median Age
44
Population under 18
27.1%
On par with the national average
23.8%
Population over 65
19.3%
On par with the national average
19.1%

Finances

Median Household Income
$168,106
Significantly above the national average
$71,702
Average Household Income
$184,876

Education and Workforce

High School Graduates
96.3%
College Graduates
73.3%
Significantly above the national average
34.1%
Advanced Degrees
35.4%
Above the national average
13.3%
% Population in Labor Force
63.6%

Weather

Annual Precipitation
68''
Average Winter Low Temperature
62°F
Average Summer High Temperature
91°F
Annual Snowfall
0''
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Key Biscayne