Market Report – Key Biscayne, Florida 2016-11-25T21:54:55-05:00

Market Report for Key Biscayne

Condos for Sale – Wondering the Value of Your Condos
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Market Report for Key Biscayne

Closed Sales as of February 18, 2018

$787,500
Median Closing Price
$1,099,780
Average Sold Price
$673
Price Per Square Foot
150
Sold In Last 365 Days

or Contact Us +1 786-863-7481 or via email today: Stas.Miami@gmail.com

0 Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Closing
Date
Listing
Price
Closed
Price
455 Grand Bay Dr
Gb Resort Condo Hotel
607
0 / 1
378
Feb 19, 2018
$550,000
$500,000
455 Grand Bay Dr
Ritz-Carlton
820
0 / 1
376
Feb 1, 2018
$475,000
$550,000
455 Grand Bay Dr
Gb Resort Condo Hotel
1219
0 / 1
376
Dec 21, 2017
$487,000
$460,000
455 GRAND BAY DR 322
Gb Resort Condo Hotel
322
0 / 1
376
Sep 27, 2017
$410,000
$370,000
455 Grand Bay Dr
The Ritz Carlton
368
0 / 1
354
May 15, 2017
$425,000
$390,000

1 Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Closing
Date
Listing
Price
Closed
Price
251 Galen Dr
Key Biscayne VI
215-E
1 / 1.5
854
Feb 12, 2018
$315,000
$275,000
455 Grand Bay Drive
Gb Resort Condo Hotel
212
1 / 1
849
Jan 26, 2018
$749,000
$732,000
177 Ocean Lane Dr
Commodore Club
302
1 / 1.5
840
Jan 25, 2018
$550,000
$530,000
155 Ocean Lane Dr
Commodore Club West
506
1 / 1.5
895
Jan 15, 2018
$478,000
$428,000
455 Grand Bay Drive
Gb Resort Condo Hotel
712
1 / 1
849
Jan 4, 2018
$1,275,000
$1,150,000
55 Ocean Lane
Ocean Village Condo
1029
1 / 1.5
972
Oct 26, 2017
$450,000
$417,500
290 Sunrise Dr
KEY Islander
1-G
1 / 1
662
Oct 2, 2017
$338,000
$315,000
199 Ocean Lane Dr
Commodore Club South
903
1 / 1.5
895
Sep 26, 2017
$489,000
$475,000
100 SUNRISE DR
Sunrise Club Condo
28
1 / 1
530
Aug 25, 2017
$329,000
$310,000
101 Ocean Lane Dr
Ocean Village
4016
1 / 1.5
972
Jul 11, 2017
$389,000
$380,000

2 Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Closing
Date
Listing
Price
Closed
Price
1111 Crandon Blvd
Towers of Key Biscayne
B208
2 / 2
1782
Feb 15, 2018
$1,350,000
$1,280,000
445 Grand Bay Dr
Grand Bay Residences
414
2 / 2
1720
Feb 9, 2018
$1,498,000
$1,490,000
201 Galen Dr
Key Biscayne VI Condo
204
2 / 2
1109
Feb 9, 2018
$370,000
$350,000
151 Crandon Blvd
The Emerald Bay
904
2 / 2
1882
Feb 2, 2018
$1,249,000
$1,067,000
798 Crandon Blvd
Le phare
26C
2 / 1.5
875
Feb 1, 2018
$469,000
$425,000
1111 Crandon Blvd
Towers of Key Biscayne
A1001
2 / 2
1782
Jan 26, 2018
$1,425,000
$1,347,500
 
Oceansound
 
2 / 2
1532
Jan 25, 2018
$730,000
$670,000
715 CRANDON BL
Resort Villa 2
305
2 / 2
1310
Jan 18, 2018
$930,000
$820,000
255 Galen Dr
Solimar
2I
2 / 2
1036
Jan 12, 2018
$430,000
$420,000
 
Ocean Lane Plaza
 
2 / 2
1435
Jan 3, 2018
$689,000
$625,000

3 Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Closing
Date
Listing
Price
Closed
Price
445 GRAND BAY DR
Grand Bay Residences Cond
905
3 / 3.5
 
Feb 5, 2018
$3,400,000
$2,750,000
101 Ocean Lane Dr
Ocean Village Condo
2011
3 / 2
1734
Jan 18, 2018
$599,000
$575,000
50 OCEAN LANE DR
The Pyramids East
304
3 / 2
1360
Dec 19, 2017
$719,900
$700,000
201 Crandon Blvd
Tidemark
111
3 / 3
2491
Dec 7, 2017
$1,635,000
$1,435,000
101 Ocean Lane Dr
Ocean Village
2012
3 / 2
1734
Dec 5, 2017
$649,500
$625,000
50 Ocean Lane Dr
The pryamids Key Biscayne
403
3 / 2
1360
Dec 4, 2017
$719,999
$700,000
250 Galen Dr
250 Galen
46
3 / 2
1170
Oct 31, 2017
$599,000
$576,000
161 Crandon Blvd
Key Colony
113
3 / 2
2105
Oct 25, 2017
$1,097,000
$950,000
650 Ocean Dr
Bahia Mar
4A
3 / 3
1935
Oct 18, 2017
$850,000
$783,300
747 Crandon Blvd
Lake Villa Three
409
3 / 3
2470
Oct 17, 2017
$1,785,000
$1,610,000

4+ Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Closing
Date
Listing
Price
Closed
Price
791 CRANDON BL 1408
Ocean Tower Two Condo
1408
4 / 5.5
5207
Feb 14, 2018
$8,300,000
$6,650,000
257 E Enid Dr
Gardens of Key Biscayne
60
4 / 3.5
2442
Jan 23, 2018
$1,595,000
$1,450,000
360 OCEAN DR
Oceana Key Biscayne
1101S
4 / 7.5
4080
Nov 20, 2017
$7,900,000
$7,350,000
791 CRANDON BL
Ocean Tower Two
1407
4 / 5.5
3581
Oct 23, 2017
$3,800,000
$3,620,000
 
Key Colony
 
4 / 4.5
3780
Jul 7, 2017
$3,600,000
$3,279,000
791 Crandon Blvd
Ocean Tower Two
1207
4 / 4
3581
May 3, 2017
$4,195,000
$3,800,000
1121 Crandon Blvd
Towers of Key Biscayne
D202
4 / 2
1782
Mar 8, 2017
$1,290,000
$1,200,000
791 CRANDON BLVD
Ocean Club
1508
4 / 5.5
5207
Feb 8, 2017
$7,450,000
$7,000,000

Active Listings For Sale Overview

$1,084,500
Median Listing Price
$1,649,569
Average List Price
$773
Price Per Square Foot
332
Active For Sale

Largest Price Reductions

0 Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Days on
Market
Listing
Price
Price
Changes
640 Fernwood Rd
 
0
0 / 0
1628
711
$2,195,000
3.52%

1 Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Days on
Market
Listing
Price
Price
Changes
155 Ocean Lane Dr
Commodore Club West
203
1 / 1.5
895
137
$460,000
7.07%
 
Sunrise Club
 
1 / 1
530
117
$340,000
5.56%
201 Crandon Blvd
The Tidemark
820
1 / 1.5
1009
586
$560,000
3.28%
1121 Crandon Blvd
Towers of Key Biscayne
F204
1 / 1.5
1114
80
$465,000
3.13%
201 SE Sunrise Dr
Bahama House
109
1 / 1
763
91
$389,933
2.5%

2 Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Days on
Market
Listing
Price
Price
Changes
881 Ocean Dr
Casa Del Mar
3C
2 / 2
1875
189
$1,100,000
14.73%
1121 Crandon Blvd
Towers of Key Biscayne
F1007
2 / 2
1782
347
$1,025,000
14.58%
199 OCEAN LANE DR
Commodore Club South
904
2 / 2
1260
637
$650,000
13.22%
555 Crandon Blvd
Crandon Tower Condo
73
2 / 2
1040
166
$435,000
13%
1121 Crandon Blvd
Towers of Key Biscayne
D502
2 / 2
1782
186
$1,075,000
10.42%
1121 Crandon Blvd
Towers of Key Biscayne
E904
2 / 2
1409
524
$720,000
9.77%
715 Crandon Blvd
Ocean Club
206
2 / 2
1310
304
$995,000
9.55%
177 Ocean Lane Dr
Commodore Club one
404
2 / 2
1260
361
$599,000
8.55%
200 OCEAN LN
Island House
208
2 / 2
1350
356
$1,053,000
8.03%
701 Crandon Blvd
The Ocean Club
201
2 / 2
1700
96
$1,190,000
7.75%

3 Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Days on
Market
Listing
Price
Price
Changes
600 Grapetree Dr
Mar Azul
7BS
3 / 3
2523
46
$1,399,000
12.29%
1111 Crandon Blvd
Towers of Key Biscayne
C203
3 / 2.5
2228
115
$1,075,000
8.51%
709 Crandon Blvd
Resort Villa I
309
3 / 3
1830
494
$1,195,000
7.72%
765 Crandon Blvd
Lake Tower
PH-4
3 / 3
2602
368
$1,825,000
7.59%
799 Crandon Blvd
Ocean Tower One
1503
3 / 4.5
3084
651
$3,499,000
5.43%
799 Crandon Blvd
Ocean Tower One
1208
3 / 4.5
3011
289
$3,500,000
5.41%
141 CRANDON BL 138
Botanica
138
3 / 2
1720
845
$790,000
4.82%
1121 Crandon Blvd
The Towers Of Key Biscayn
E307
3 / 2
1782
348
$1,099,000
4.02%
785 Crandon Blvd
The Ocean Club
806
3 / 5
2790
378
$2,595,000
3.71%
721 Crandon Blvd
Lake Villa One
507
3 / 3
2174
265
$1,495,000
3.55%

4+ Bedroom Units

AddressCondo NameUnit
Number
Beds /
Baths
Living
Area
Days on
Market
Listing
Price
Price
Changes
1121 Crandon Blvd
Towers of Key Biscayne
F806
4 / 2
1782
334
$1,290,000
7.19%
100 OCEAN LANE DRIVE
One Hundred Condominium
PH2
5 / 4.5
3127
221
$1,450,000
6.39%
765 Crandon Blvd
Lake Tower
PH-2
4 / 4.5
3520
293
$3,199,000
5.91%
711 Crandon Blvd
Ocean Club
202
4 / 3
2242
210
$1,870,000
5.08%

Closed Sales as of February 18, 2018

$2,312,500
Median Closing Price
$2,872,604
Average Sold Price
$923
Price Per Square Foot
36
Sold In Last 365 Days

or Contact Us +1 786-863-7481 or via email today: Stas.Miami@gmail.com

3 Bedroom Homes

AddressYear
Built
Living
Area
Lot
Size
Beds /
Baths
Closing
Date
Listing
Price
Closed
Price
253 W ENID DR
1950
1819
7500
3 / 1.5
Dec 12, 2017
$1,549,000
$1,261,000
561 Warren Ln
1951
2092
0
3 / 2
Dec 12, 2017
$1,300,000
$1,260,000
256 W Mashta Dr
1951
1023
0
3 / 1
Oct 13, 2017
$1,450,000
$1,275,000
310 Redwood Ln
1954
1698
 
3 / 2
Oct 2, 2017
$1,550,000
$1,375,000
690 Ridgewood Rd
1951
1298
 
3 / 1.5
Aug 3, 2017
$1,399,000
$1,200,000
610 Ridgewood Rd
1951
1044
7500
3 / 1
Jun 22, 2017
$1,499,000
$1,400,000
378 Gulf Rd
1954
2801
 
3 / 2.5
Jun 2, 2017
$2,490,000
$2,325,000
735 Fernwood Rd
1954
1531
 
3 / 2
Mar 7, 2017
$1,395,000
$1,250,000
544 RIDGEWOOD RD
1950
1102
0
3 / 1
Mar 31, 2014
$1,550,000
$1,480,000
300 REDWOOD LN
1950
1320
10000
3 / 1
Aug 2, 2011
$1,173,000
$1,080,000

4+ Bedroom Homes

AddressYear
Built
Living
Area
Lot
Size
Beds /
Baths
Closing
Date
Listing
Price
Closed
Price
560 Warren Ln
1950
2226
0
4 / 3
Feb 6, 2018
$1,499,000
$1,400,000
301 Palmwood Ln
2012
4545
0
5 / 6
Jan 25, 2018
$3,995,000
$3,550,000
251 Harbor Dr
2001
3850
0
6 / 7
Jan 16, 2018
$2,750,000
$2,550,000
320 W Heather Dr
2016
3499
7500
6 / 6.5
Jan 11, 2018
$3,500,000
$3,300,000
337 Gulf Rd
1953
2884
0
4 / 4
Dec 12, 2017
$2,250,000
$2,070,000
295 Glenridge Rd
2017
3670
0
6 / 6.5
Nov 27, 2017
$3,465,000
$3,130,000
749 RIDGEWOOD RD
1951
2314
0
4 / 3.5
Nov 15, 2017
$1,895,000
$1,745,000
385 W Heather Dr
1972
2835
0
5 / 4
Oct 30, 2017
$1,865,000
$1,775,000
271 Buttonwood Dr
1961
2760
 
5 / 3
Oct 3, 2017
$1,795,000
$1,763,000
401 Ridgewood Rd
1951
1631
8373
4 / 2
Sep 28, 2017
$1,350,000
$1,300,000

Active Listings For Sale Overview

$3,695,000
Median Listing Price
$5,602,244
Average List Price
$1,213
Price Per Square Foot
104
Active For Sale

Min: $12,500
Max: $29,900,000

Largest Price Reductions

0 Bedroom Homes

AddressYear
Built
Living
Area
Lot
Size
Beds /
Baths
Days on
Market
Listing
Price
Price
Changes
640 FERNWOOD
1951
1628
0
0 / 0
711
$2,195,000
3.52%

3 Bedroom Homes

AddressYear
Built
Living
Area
Lot
Size
Beds /
Baths
Days on
Market
Listing
Price
Price
Changes
125 Woodcrest Ln
1953
1841
0
3 / 2.5
157
$1,777,000
2.36%

4+ Bedroom Homes

AddressYear
Built
Living
Area
Lot
Size
Beds /
Baths
Days on
Market
Listing
Price
Price
Changes
501 BAY LN
1995
5099
10000
5 / 4.5
955
$3,400,000
12.82%
7 HARBOR POINT
2010
10776
22860
7 / 9.5
445
$18,500,000
7.5%
285 RIDGEWOOD RD
2015
3848
0
5 / 5.5
220
$3,600,000
6.47%
760 Harbor Dr
1998
9183
0
7 / 7.5
371
$15,000,000
6.25%
121 KNOLLWOOD DRIVE
1972
5472
 
5 / 5
593
$4,950,000
5.71%
301 ISLAND DRIVE
2016
5631
0
7 / 7.5
520
$5,450,000
5.22%
395 Harbor Ct
1956
1764
0
4 / 2
180
$1,690,000
4.52%
340 W Enid Dr.
2011
3403
0
5 / 6.5
167
$2,975,000
4.03%
240 Cranwood Dr
1992
3858
0
5 / 4.5
111
$2,675,000
3.26%
15 HARBOR PT
1998
7445
0
7 / 8.5
536
$12,990,000
3.06%
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