Key Biscayne Real Estate & Lifestyle Guide
Nestled just off the coast of Miami, Key Biscayne is a serene island paradise that offers an exclusive blend of luxury living and natural beauty. Accessible via the scenic Rickenbacker Causeway, this affluent enclave is renowned for its pristine beaches, lush parks, and upscale waterfront properties.
Favored by discerning buyers seeking tranquility without sacrificing proximity to Miami’s vibrant cultural and business hubs, Key Biscayne provides a family-friendly atmosphere, top-tier amenities, and a tight-knit community feel.
Real Estate Market Trends
- Median Home Price: $1,450,000 as of April 2025, showing a 4.9% decrease year-over-year
- Price per Sq. Ft.: Approximately $878
- Market Dynamics: Currently a buyer’s market with 214 homes listed, up 4.9% from last month
- Days on Market: Average of 80 days, reflecting a less competitive environment
- Ideal Buyer Profile: Affluent families, retirees, and international buyers seeking peaceful, upscale island living near Miami
Lifestyle & Livability
- Walkability: Residential with walkable access to local shops, cafes, and parks.
- Safety: Low crime rates, very family-friendly and secure.
- Parks & Green Spaces: Home to Crandon Park and Bill Baggs Cape Florida State Park, offering beaches, biking trails, and nature preserves.
- Beaches: Pristine, uncrowded, with clear waters ideal for swimming and water sports.
- Dining: Upscale and casual dining options, many with waterfront views and international cuisine.
- Shopping: Boutique shops and local markets offering a quaint shopping experience.
- Cultural Sites: The historic Cape Florida Lighthouse and community events enrich the local culture.
- Education: Access to highly rated schools and community educational programs.
Notable Luxury Buildings
Grand Bay Residences
A boutique complex featuring two towers with 137 residences over 14 floors. Residents enjoy direct beach access, impeccable concierge services, and proximity to the Ritz-Carlton Key Biscayne. The architecture is sleek and modern, blending luxury with island tranquility.
Ocean Club Tower
Situated within a 52-acre oceanfront community, Ocean Club Tower offers an expansive five-acre private lake, 1,000 feet of beach frontage, resort-style pool deck, eight lighted tennis courts, and a Mediterranean-style Beach Club with 20,000 sq ft of amenities. Learn more on the official website.
Club Tower I & II
Located at 789 and 785 Crandon Blvd, these towers offer spacious residences with panoramic ocean and bay views, private elevators, and access to exclusive club amenities like tennis courts and a marina. Visit the official site for details.
Oceana Key Biscayne
A modern beachfront community boasting 142 luxury residences with expansive floor plans and floor-to-ceiling windows. Amenities include a spa, fitness center, tennis courts, and private beach access. Explore more at the Oceana Key Biscayne website.
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Unusual Facts About Key Biscayne
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In the late 1800s, Key Biscayne was home to one of the largest coconut plantations in the U.S., owned by William Matheson. Many of the island’s lush palm groves are a legacy of that era.
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The iconic Cape Florida Lighthouse, built in 1825, is the oldest surviving structure in South Florida. It once served as a lookout during the Seminole Wars and the Underground Railroad.
- Thanks to its protected marine environment, Key Biscayne’s shoreline is a common sighting spot for dolphins, manatees, and sea turtles—especially near Bill Baggs State Park.
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Unlike other luxury neighborhoods, much of Key Biscayne is zoned to restrict high-rise development, preserving its serene, low-profile village feel.
- President Richard Nixon owned a vacation home on Key Biscayne, often referred to as the “Winter White House.” His presence brought national attention to the island in the 1970s.
Popular Bars & Restaurant in Key Biscayne
- Rusty Pelican
- Famous for its waterfront dining and sweeping views of the Miami skyline, offering fresh seafood and fine wines.
- Milanezza
- A stylish bistro serving Argentine-Italian fusion cuisine, known for its Milanesa dishes, craft cocktails, and relaxed ambiance.
- Lightkeepers
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Located inside The Ritz-Carlton, this upscale restaurant features coastal cuisine with a focus on local ingredients and oceanfront dining.
- Oasis Café
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A laid-back island staple offering hearty breakfasts, sandwiches, and smoothies—perfect after a beach day or bike ride.
- Costa Med Bistro+Wine
- A sophisticated Mediterranean restaurant with an intimate setting and a thoughtfully curated wine list.
- La Scala
- A beloved local favorite serving traditional Italian fare in a cozy, understated atmosphere.
- Tutto Pizza & Pasta
- Family-friendly and casual, known for its wood-fired pizzas and homemade pastas.
- Whiskey Joe’s Bar & Grill
- Just off the causeway, this waterfront hangout offers tropical drinks, American fare, and live music with sunset views.
- El Gran Inka
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A contemporary Peruvian restaurant serving ceviches, seafood, and fusion specialties in a modern setting.
- Keyhole Bar & Grill
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A hidden gem for cocktails and casual fare, popular with locals for its welcoming vibe and beachy décor.
Transportation & Accessibility
- Proximity to Miami: 15–20 minutes to Downtown Miami via the Rickenbacker Causeway
- Airports: Miami International Airport is about 25 minutes away
- Public Transit: Limited; residents primarily use personal vehicles, golf carts, and bicycles
- Road Access: The Rickenbacker Causeway connects Key Biscayne to the mainland
Nearby Neighborhoods
Brickell
Downtown Miami
Coconut Grove
Coral Gables
South Miami
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