Key Biscayne Condos For Sale
Key Biscayne Condos For Sale
Their Locations
Key Biscayne Condos for sale: The Key is connected to Miami mainland via the panoramic Rickenbacker Causeway. It can be accessed by making a turn off Brickell Avenue as well as via the iconic Exit #1 of I-95. Key Biscayne is conveniently located about 20 minutes from the Miami International Airport.
Condos are primarily beachfront condos across 21 high-rises spread along the Atlantic Ocean. The key is nestled between two large natural parks – Crandon Park and Bill Baggs Cape Florida State Park. Residents enjoy a 3-mile-long strip of sandy beaches considered as some of the best in the US. Cape Florida Lighthouse, one of the oldest structures in Florida, built in 1825, marks the southernmost point on the island.
The Island offers many amenities and restaurants including the Ritz Carlton Key Biscayne Hotel and Residences conveniently located in the middle of the beach strip.
Key Biscayne Condos Overview
The biggest differentiator by far is the combination of a beach front outdoorsy lifestyle with a small community that offers great schools and activities for kids and all the family. Although most buildings are built between 1970- 2000, offering spacious units with ocean views, the key has experienced a big wave of high-end condo renovations and total “gutted units” throughout the last 8 years. Now has added to KB inventory new product completely redesigned to address the needs of sophisticated clients.
Key Biscayne Condos – Pro’s to consider
Firstly the biggest advantage is the Key Biscayne lifestyle. An exclusive, safe community surrounded by sandy beaches and vast natural preserved vegetation ideal for active living. Incredible seaside views, great schools, recreational center & parks, over 40 tennis courts, beach clubs & yacht clubs, golf course and Marinas, and even its own government caring and serving the needs of this small community of no more than 13,000 population. The affluent yet laid back style is unique in Miami-Dade.
Secondly; affordability of Key Biscayne Condos is much better than other premium neighborhoods like Miami Beach where beachfront condos can cost you double or triple. Thirdly, safety and walkability at the top of the list where all in the family walk to get a coffee or food. This is only community in Miami -except maybe for Fisher Island- where you move around in your golf cart. No wonder Key Biscayne is called an Island Paradise and the only Country-Club-like community in Miami.
Key Biscayne Condos – Con’s to consider
The first thing to mention is the fact that the Island has one entrance and exit. This makes it an exclusive and a safe place to live but to some getting on and off the island is a pain. Drivers will enjoy splendid panoramic views of the Biscayne Bay in and out, but to some this is a drawback and the “extra” 10-15 minutes to Brickell is something a few people don’t like. Traffic has never been a problem in Key Biscayne but with growing permanent resident population and the influx of commercial vehicles associated to the new construction boom, residents are experiencing more delays than they’re used to.
Being a small island, you can find everything you need in terms of grocery stores, restaurants, bakeries and specialty stores. This is particularly true if you seek quality and natural products. Yet shopping in Key Biscayne is limited to a few island boutiques. For a more extensive selection you may need to drive 15 mins to Brickell City Centre or 25 mins to the Design District.
Finally, the Key is also quiet, calmed and not very active late at night so some may find this inconvenient. Particularly if they seek a more active night lifestyle like the one offered by other Miami neighborhoods.
The top Key Biscayne condos for sale – search by building.
The top communities in key Biscayne are located on the beach, providing private beach access and an extensive set of amenities. They include:
Large Condo communities in Key Biscayne:
The Ocean Club, Key Colony, Commodore Club, Towers of Key Biscayne
Smaller Condo communities in Key Biscayne
Oceana, Grand Bay, Casa del Mar, Island House, The Sands
The bulk of condos in Key Biscayne are 2-bedroom units. The need for extra space has made units such as the Estoril’s in Towers of Key Biscayne. This line is very attractive for gutting and redoing them as 3-bedroom units especially given they have six large floor-to ceiling windows in a corner location.
The Newest Key Biscayne Buildings.
The most exclusive and desired buildings are not only newer than other buildings on the key but offer less density and with a larger proportion of large units (3+ bedroom, +2,500sf) in their community. We have done many build outs within these Condos with our partners Design Solutions and Builcore. They include
- Oceana Key Biscayne, built 2014
- Ocean Club, built 1997-2001
- Grand Bay, built 1996-1999
- Ritz Carlton, built 2001
Key Biscayne Condos – Reports and Analysis
We have spent years analyzing the Key Biscayne market and often reflect on how stable it is. Unlike other Miami areas prone to correction due to speculation and in-and-out buyers.. Key Biscayne tends to attract long term owners and members of the community and so minimizes large price swings. This owner profile combined with a limited number of Condos and no vacant land left, makes this a better-than-average market in terms of volatility and price adjustment.
We advise clients to focus on condos that have unique attributes and differentiators (corner units, privacy, layouts, views). For specific Condo analysis and recommended lines by building, please call us directly.
For a detailed and historic quantitative analysis, please check out our Condo Geeks tool. This software contains prices and other attributes by building, going back almost two decades. Please visit our Key Biscayne News and Report page to view all the reports compiled for this neighborhood.
