Market Insights for Key Biscayne Homes With Direct Ocean Access

As of 05-31-2025

For Sale

  • Active For Sale9
  • Average Price$25,398,889
  • Average Price / Sqft$4,122
  • Average Days on Market193
  • Largest Price Reduction$7,400,000
  • Largest Price Increase$0

Pending Sales

  • Pending For Sale1
  • Average Price$34,500,000
  • Average Price / Sqft$4,806
  • Average Days on Market211
  • Largest Price Reduction$0
  • Largest Price Increase$0

Closed Sales

  • Sold (Last 180 Days)1
  • Average Price$12,700,000
  • Average Price / Sqft$2,447
  • Average Days on Market204
  • Largest Price Reduction$250,000
  • Largest Price Increase$-1,775,000

Recent Sales

Address Closed Price List Price Price Change Sq Ft $/Sq Ft Beds/Baths Closing Date
945 Mariner Drive
CAPE FLA SUB SEC 2
$12,700,000 $12,950,000 $250,000 (-1.93%) 5,191 $2,447 6 / 6 / 0 2025-04-28

Pending Sales

Address List Price Price Change Sq Ft $/Sq Ft Beds/Baths Days Listed
330 Harbor Dr
TROPICAL ISLE HOMES SUB 4
$34,500,000 $0 (0%) 7,178 $4,806 6 / 7 / 1 187

Largest Price Reductions

Address New Price List Price Price Change Sq Ft $/Sq Ft Beds/Baths Days Listed
230 Harbor Drive
TROPICAL ISLE HOMES SUB 4
$31,900,000 $24,500,000 $7,400,000 (-23.2%) 6,240 $3,926 7 / 7 / 1 180
241 Cape Florida Dr
CAPE FLORIDA SUB SEC 3
$36,000,000 $32,400,000 $3,600,000 (-10%) 9,159 $3,538 8 / 8 / 1 178
161 Cape Florida Dr
CAPE FLORIDA SUB SEC 3
$17,490,000 $15,990,000 $1,500,000 (-8.58%) 6,661 $2,401 4 / 4 / 1 303
180 Cape Florida Dr
CAPE FLORIDA SUB SEC 3
$26,000,000 $24,500,000 $1,500,000 (-5.77%) 8,031 $3,051 6 / 6 / 2 44
960 Mariner Dr
CAPE FLA SUB SEC 2
$22,800,000 $21,900,000 $900,000 (-3.95%) 7,192 $3,045 6 / 8 / 2 80
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