Market Insights for Key Biscayne Luxury Homes For Sale

As of 03-29-2024

For Sale

  • Active For Sale10
  • Average Price$22,540,000
  • Average Price / Sqft$4,394
  • Average Days on Market157
  • Largest Price Reduction$3,100,000
  • Largest Price Increase$0

Pending Sales

  • Pending For Sale2
  • Average Price$21,200,000
  • Average Price / Sqft$7,286
  • Average Days on Market190
  • Largest Price Reduction$0
  • Largest Price Increase$0

Closed Sales

  • Sold (Last 180 Days)2
  • Average Price$12,945,000
  • Average Price / Sqft$3,766
  • Average Days on Market257
  • Largest Price Reduction$700,000
  • Largest Price Increase$-110,000

Recent Sales

Address Closed Price List Price Price Change Sq Ft $/Sq Ft Beds/Baths Closing Date
520 S MASHTA DR
MASHTA ISLAND
$16,500,000 $17,200,000 $700,000 (-4.07%) 3,085 $5,348 4 / 4 / 0 2024-02-26
151 Cape Florida Dr
CAPE FLORIDA SUB SEC 3
$9,390,000 $9,500,000 $110,000 (-1.16%) 4,299 $2,184 5 / 4 / 0 2023-10-31

Pending Sales

Address List Price Price Change Sq Ft $/Sq Ft Beds/Baths Days Listed
1095 Mariner Dr
CAPE FLA SUB SEC 2
$22,500,000 $0 (0%) 6,333 $3,553 7 / 6 / 1 148
398 Harbor Dr
TROPICAL ISLE HOMES SUB 4
$19,900,000 $0 (0%) 1,806 $11,019 3 / 3 / 0 232

Largest Price Reductions

Address New Price List Price Price Change Sq Ft $/Sq Ft Beds/Baths Days Listed
1020 Mariner Dr
CAPE FLA SUB SEC 2
$20,000,000 $16,900,000 $3,100,000 (-15.5%) 5,760 $2,934 5 / 6 / 1 239
180 CAPE FLORIDA DR
CAPE FLORIDA SUB SEC 3
$29,500,000 $26,500,000 $3,000,000 (-10.17%) 8,031 $3,300 6 / 6 / 2 599
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