Foreclosures in Key Biscayne, FL

Current Market Conditions in Key Biscayne, FL

Key Biscayne, FL has seen a robust real estate market driven by demand for beachfront properties and family-friendly amenities. The area is attracting both investors and homeowners due to its upscale homes and prime location, contributing to rising property values.

Given its limited inventory and high desirability, homes in Key Biscayne are often sold quickly, leading to competitive bidding situations. The luxury market, in particular, remains strong as wealthier buyers seek second homes or relocate to this tropical paradise.

Rent Prices In Key Biscayne, FL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Key Biscayne, FL, is on a rollercoaster ride. The average rent price in Key Biscayne, FL, is $2,535.00. Indeed, when looking to rent in Key Biscayne, FL, you can expect to pay as little as $950.00 or as much as $4,540.00, with the average rent median estimated to be $2,340.00. The good news is that finding an affordable and desirable property to rent in Key Biscayne, FL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.