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Properties for Sale in Key Biscayne, Florida, United States

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Real estate in Key Biscayne

Florida, a state teeming with beauty and opportunity, entices numerous domestic and international home-buyers and investors. If you're in search of a pristine dream home or aiming to acquire a condominium in an idyllic locale with sun-drenched beaches, Key Biscayne should be your prime consideration. This resplendent island town in Miami-Dade County, with its coastal charm and distinctive beachfront homes, has rightfully earned the title "Island Paradise" due to its stunning landscape and architecture. Before you reach out to a local real estate broker, it's crucial to familiarize yourself with the market dynamics in this region, identify what Key Biscayne properties are currently on the market, and understand the investment required to secure a vacation home in such an exclusive location. Florida's real estate is deemed as a hot-ticket item for both domestic and foreign buyers alike, and Key Biscayne, with its distinctive appeal and charm, is no exception. Its lush tropical scenery, the sparkling Atlantic Ocean, and the thriving local community make it an enchanting paradise that's as inviting as it is stunning.

Key Biscayne properties: Market trends overview

The Key Biscayne real estate market in Florida has seen steady price appreciation, attracting investors and buyers from various regions such as Canada, Europe, the UK, and Latin America. Key Biscayne's prime coastal location offers the perfect balance of relaxed living and dynamic holidays, with numerous leisure centers, exclusive golf clubs, and a short commute to the bustling city of Miami. Key Biscayne provides a rich blend of lush natural beauty, cultural charm, and a high standard of living. Over the past few years, the Key Biscayne administration has boosted the town's development, providing an array of property alternatives for both local and international home buyers. These include sleek and practical townhouses, apartments, contemporary villas, traditional ranch-style homes, and luxury penthouses. Searching for property and apartments for sale in Key Biscayne, Florida, that meet various budgets and lifestyle needs is straightforward, making this tropical paradise highly favorable to foreign buyers.

Average price of a property for sale in Key Biscayne

What should you anticipate the expenditure to be for properties in Key Biscayne, Florida? The cost of properties can't be definitively stated due to a host of contributing factors, including the type of property, the distance from the city centre and beaches, amenities available, and individual preferences such as high-end features, size, accessibility, among others. Most recent data suggest that the highest asking price in the early period was $3,165 per square foot for property for sale in Key Biscayne. The most expensive properties can typically be found in the area around Crandon Park. In contrast, the lowest prices are usually found in the area around the Key Biscayne Shopping Center, with an average price per square foot of $2,340. As of now, the average list price for a home is around the region of $1,345,670.

Types of properties can you find in Key Biscayne

Key Biscayne, Florida, real estate showcases a wide array of properties, ranging from condos, extravagant penthouses, premium beachfront residences, to classic Floridian homes. The choicest property for sale is situated in a secured residential complex. You can come across 3-4 bedroom condos with spacious terraces and duplex homes. Each level of these duplexes has its individual entrance, expansive terraces, and a fully equipped kitchen. Alternatively, you may choose a brand-new residence located in a prime location in Key Biscayne, Florida, offering ocean views, within walking distance to the beach, making it a perfect place to call home. This island paradise offers a unique tropical lifestyle unlike any other, all within minutes from the hustle and bustle of Miami.