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Key Biscayne Market Summary Neighborhood News

Key Biscayne, Florida Annual Real Estate Summary 2008

Single Family Homes

  • Total single family sales in 2008: 37
  • Highest Sales Price: $7,500,000 for a 6,369 square foot home built in 1991 on a 16,271 square foot water front lot on S. Mashta
  • Lowest Sales Price: $817,900 for a 1,763 square foot 7,500 square foot lot.  Bank-owned foreclosure on Cranwood.
  • 6 of the sales were water front properties

Condos

  • Total condos sales in 2008: 161
  • Highest Sales Price: $8,550,000 for a  6,700 square foot unit in Ocean Club
  • Lowest Sales Price: $220,000 for a 610 square foot unit in the Key Islander
  • 9125 of the sales were in water front buildings