Key Biscayne is an island village of about 15,000 residents, reached from Miami by the Rickenbacker Causeway. Incorporated in 1991, it was the first new municipality in Miami-Dade County in more than 50 years. The village sits between two large parks, Crandon Park to the north and Bill Baggs Cape Florida State Park to the south, which keeps much of the island's shoreline open and undeveloped.

Homes on Key Biscayne fall into two groups: oceanfront and bayfront condominium buildings, and single family homes on the village's quieter interior and waterfront streets.

Key Biscayne Market Snapshot

Sold prices, January 1 to October 20, 2026, compared with the same period in 2025:

  • Single family homes: average sold price of $1,770 per square foot, up 0.2%
  • Condos and townhomes: average sold price of $1,056 per square foot, up 3.1%

Source: TrendGraphix. See the latest figures on our Key Biscayne Market Update.

Where We Work on Key Biscayne

  • Oceanfront condominiums: buildings along the Atlantic side of the island with beach access
  • Single family homes: interior streets within walking and biking distance of the village center
  • Waterfront homes: properties on the island's canals and bay side, many with private docks

Living on Key Biscayne

  • Crandon Park offers beaches, a golf course and the Tennis Center at Crandon Park
  • Bill Baggs Cape Florida State Park, opened in 1967, covers the island's southern tip
  • Most daily needs, including markets, restaurants and services, are found along Crandon Boulevard
  • The Key Biscayne K-8 Center serves the village, and MAST Academy on neighboring Virginia Key gives eligible residents priority for its Cambridge program

Frequently Asked Questions

Is Key Biscayne part of the City of Miami?

No. Key Biscayne has been an incorporated village since 1991, with its own council and services.

What does a single family home on Key Biscayne cost per square foot?

Year to date in 2026, single family homes sold for an average of $1,770 per square foot, essentially flat compared with the same period in 2025.

What should buyers review before purchasing a Key Biscayne condo?

Florida now requires milestone structural inspections and structural integrity reserve studies for many condominium buildings, which matters for older oceanfront towers. We review a building's inspection reports, reserves, budget and any special assessments with buyers before they commit.

Who should I contact about buying or selling on Key Biscayne?

Rua Realty's agents live and work throughout South Florida, led by broker Charlie Rua, who brings more than 20 years of experience and over Key Biscayne00 million in sales. Call our office at 305.807.0121 and we'll connect you with the agent best suited to your search, or meet our team. Our office is at 333 Palermo Avenue, Coral Gables, FL 33134.

Listings Currently For Sale in Key Biscayne

Start of list of properties