Miami Beach Homes Vs Key Biscayne Homes | What Homes are Selling for How Much?

What is the Value of Miami Beach Homes Compared to Key Biscayne Homes?

Two of Miami’s most sought-after areas are Miami Beach and Key Biscayne. Both neighborhoods offer spectacular (waterfront) real estate options and are among Miami’s most desired residential areas. Whatever is best for you and your family depends on your personal needs and wishes. This article is written from a realtor’s perspective; we provide you with essential sales numbers and prices that show you the difference between Key Biscayne homes for sale and Miami Beach Homes for sale.

Please call me for a more personalized discussion and to gain more insights into the differences of these two neighborhoods regarding safety, schools, accessibility, walkability and much more: David Siddons  +1.305.508.0899

This blog is divided into several price ranges and offers key data per price range for sold and active listings as well as examples of properties that sold in each neighborhood. This study is taken over sales in the period of June 20 2018 till June 20 2019

Average Sales Prices per SF  (For Waterfront and Dry lots)
Including the Average of the Highest and Lowest Three Sales Prices
The Amount between brackets eg (13) and (71) are the amount of homes sold

The Inventory Levels based on Closed Sales and Closed Sales combined with Pending Sales

The Number of active Listings, The Average Listing Price per SF and Number of Pending Sales

5835 N Bay Rd, Miami Beach (Dry Lot)
Sold for $1,875,000 | $650 per SF 

4 Bedrooms | 4 Bathrooms  
2,596 SF Interior | 8,550 SF Lot 
Listed for $2,200,000 | $763 per SF

792 Ridgewood Rd, Key Biscayne (Dry Lot)
Sold for $1,920,000 | $731 per SF 

4 Bedrooms | 4 Bathrooms  
2,625 SF Interior | 7,656 SF Lot 
Listed for $2,190,000 | $834 per SF

Average Sales Prices per SF  (For Waterfront and Dry lots)
Including the Average of the Highest and Lowest Three Sales Prices
The Amount between brackets eg (20) and (15) are the amount of homes sold

The Inventory Levels based on Closed Sales and Closed Sales combined with Pending Sales

The Number of active Listings, The Average Listing Price per SF and Number of Pending Sales

1500 Bay Dr, Miami Beach (Waterfront Lot)
Sold for $2,500,000 | $565 per SF 

5 Bedrooms | 5.5 Bathrooms  
4,421 SF Interior | 10,671 SF Lot 
Listed for $2,590,000 | $586 per SF

299 W Enid Dr, Key Biscayne (Dry Lot)
Sold for $2,475,000 | $620 per SF 

6 Bedrooms | 5 Bathrooms  
3,792 SF Interior | 7,500 SF Lot 
Listed for $2,675,000 | $670 per SF

5951 Alton Rd, Miami Beach (Dry Lot)
Sold for $2,750,000 | $655 per SF 

5 Bedrooms | 5.5 Bathrooms  
4,328 SF Interior | 9,625 SF Lot 
Listed for $2,950,000 | $703 per SF

345 Westwood Dr, Key Biscayne (Dry Lot)
Sold for $2,770,000 | $700 per SF 

6 Bedrooms | 5.5 Bathrooms  
3,955 SF Interior | 7,795 SF Lot 
Listed for $2,999,999 | $758 per SF

Average Sales Prices per SF  (For Waterfront and Dry lots)
Including the Average of the Highest and Lowest Three Sales Prices
The Amount between brackets eg (4) and (4) are the amount of homes sold

The Inventory Levels based on Closed Sales and Closed Sales combined with Pending Sales

The Number of active Listings, The Average Listing Price per SF and Number of Pending Sales

672 S Shore Dr, Miami Beach (Waterfront Lot)
Sold for $4,200,000 | $766 per SF 

5 Bedrooms | 5.5 Bathrooms  
5,480 SF Interior | 7,795 SF Lot 
Listed for $4,750,000 | $866 per SF

301 Island Drive, Key Biscayne (Dry Lot)
Sold for $4,350,000 | $772 per SF 

7 Bedrooms | 7.5 Bathrooms  
5,631 SF Interior | 12,000 SF Lot 
Listed for $4,975,000 | $883 per SF

Average Sales Prices per SF  (For Waterfront and Dry lots)
Including the Average of the Highest and Lowest Three Sales Prices
The Amount between brackets eg (1) and (6) are the amount of homes sold

The Inventory Levels based on Closed Sales and Closed Sales combined with Pending Sales

The Number of active Listings, The Average Listing Price per SF and Number of Pending Sales

2300 Sunset Dr, Miami Beach (Dry Lot)
Sold for $5,950,000 | $1,008 per SF 

6 Bedrooms | 7.5 Bathrooms  
5,900 SF Interior | 13,108 SF Lot 
Listed for $5,990,000 | $1,015 per SF

104 Reef Ln, Key Biscayne (Dry Lot on the Oceana Key Biscayne premises)
Sold for $6,050,000 | $1,192 per SF 

7 Bedrooms | 5.5 Bathrooms  
5,074 SF Interior | 12,000 SF Lot 
Listed for $6,500,000 | $1,281 per SF

608 W DiLido Dr, Miami Beach (Waterfront Lot)
Sold for $7,500,000 | $1,331 per SF 

5 Bedrooms | 5.5 Bathrooms  
5,634 SF Interior | 10,500 SF Lot 
Listed for $8,950,000 | $1,588 per SF

350 Island Dr,  Key Biscayne (Waterfront Lot)
Sold for $7,900,000 | $1,555 per SF 

7 Bedrooms | 7.5 Bathrooms  
5,215 SF Interior | 12,800 SF Lot 
Listed for $8,450,000 | $1,663 per SF