Miami
Key Biscayne
Miami-Dade's barrier island, with a single access point via the Rickenbacker Causeway

Key Biscayne

A fully built-out island with no land left to develop, and the highest median price of all our areas

Key Biscayne is a barrier island of about 15,000 residents, connected to Miami by a single access point: the Rickenbacker Causeway, opened in 1947. The island has its own police and fire departments, and is fully built out — there's no land left available for new development. Its condo market is 100% resale, with a median price of $1,594,950 — the highest of our areas — and an entry point of $705,300 at the 10th percentile.

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Listings

Available properties in Key Biscayne

A selection of active listings in Key Biscayne, updated in real time.

Listings via IDX (BeachesMLS / Miami Association of REALTORS®) through Trestle/CoreLogic. Information deemed reliable but not guaranteed.

Why this area

What makes Key Biscayne unique

Key Biscayne developed starting in 1947, when the Rickenbacker Causeway opened as the island's only land access. Today it has its own municipal government, police and fire departments, and a low-density, walkable island life rare in Miami-Dade. The island is fully built out, so there's no more land available for new development: housing supply is fixed.

If you're investing

  • Fixed supply: the island is fully built out, with no land available for new development, sustaining long-term value.
  • The highest condo median price of our areas: $1,594,950, in a 100% resale market.
  • Restricted access via a single bridge, keeping density low and protecting the island's exclusive character.

If you'll live here

  • A walkable, low-density island life, with its own municipal government, police and fire departments.
  • 18 minutes from Brickell via the Rickenbacker Causeway, without Miami Beach's density.
  • Bill Baggs Cape Florida State Park and Crandon Park, with a beach, a historic lighthouse and a tennis center at opposite ends of the island.
Where to invest

Best places to invest in Key Biscayne

Key Biscayne's highest-demand segments:

Resale condo
Resale

Resale condo

Median price of $1,594,950, on a fully built-out island with no new supply.

Fixed supply
Scarcity

Fixed supply

No land left on the island: every unit that reaches the market is resale.

Single-access island
Exclusivity

Single-access island

One bridge in keeps density low and protects the area's exclusive character.

Buy

Options to buy in Key Biscayne

Oceanfront condo

Along the island's east coast, with direct beach access.

Condo near Crandon Park

Next to the tennis center and green space at the island's north end.

Condo near the island's center

Steps from Village Hall and the Crandon Boulevard commercial corridor.

Rent

Options to rent in Key Biscayne

Annual rental

Families and executive tenants who want low density and island living, minutes from Brickell.

Seasonal rental

Buyers looking to capture seasonal demand in one of Miami-Dade's most exclusive beach areas.

Furnished rental

Foreign buyers who want flexibility before deciding where to live permanently.

Location

Location and connectivity

  • Bill Baggs Cape Florida State Park, at the island's southern tip, with a beach and the historic Cape Florida Lighthouse.
  • Crandon Park, at the northern tip, with a tennis center and extensive green space.
  • Key Biscayne Village Hall, seat of the island's own municipal government.
  • Key Biscayne Yacht Club, with a private marina, reflecting the island's boating lifestyle.
  • 18 minutes from Brickell via the Rickenbacker Causeway, the island's only land access.
FAQ

What every investor asks

The island is fully built out with no land left for new development, so supply is fixed. That, combined with access restricted to a single bridge, sustains the highest median price of our areas: $1,594,950.

The median price is $1,594,950, with units starting at $705,300 at the 10th percentile. We can send you current availability based on what you're looking for.

Through a single land access point: the Rickenbacker Causeway, which connects the island to Brickell in about 18 minutes.

Yes. International buyers can purchase property without being U.S. residents or citizens. Financing alternatives exist for foreigners depending on the buyer's profile and the property type; we help you access those options.

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