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Rent To Own Homes in Key Biscayne, FL

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Living in Key Biscayne, FL

Key Biscayne, FL, is a charming island village offering a serene beachfront lifestyle just minutes from the hustle of Miami. With beautiful parks, top schools, and a range of outdoor activities, it’s an ideal place for families and nature lovers. Enjoy the vibrant community filled with dining, shopping, and recreational options.

Current Market Conditions in Key Biscayne, FL

The real estate market in Key Biscayne has shown strong demand over the past year, driven by an influx of buyers seeking luxury properties near the beach. The demand has led to rising prices, particularly for waterfront homes, as well as increased interest from investors looking for rental opportunities.

Recent trends indicate a competitive market with limited inventory, causing properties to move quickly. Buyers are particularly attracted to features like outdoor spaces, modern amenities, and proximity to the beach.

Home Value Estimator For Key Biscayne, FL

There are currently 6,603 real estate properties in Key Biscayne, FL, with a median automated valuation model (AVM) price of $1,506,951.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Key Biscayne, FL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Key Biscayne, FL, is $2,560,998.00, with the most expensive house in Key Biscayne, FL, topping out at $66,818,000.00 and the cheapest home in Key Biscayne, FL, clocking in at $87,013.00. In other words, there’s something for every potential homebuyer or savvy investor in Key Biscayne, FL!

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.

Key Biscayne, FL Rent To Own Homes

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