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Key Biscayne Condos Category

Ritz Carlton Consistently Sells For More Than $1,000/Sq. Ft.

March 17th, 2015 Written By

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The Ritz Carlton condos on Key Biscayne are a great opportunity to live full-time or part-time and have access to the five-star amenities of the Ritz Carlton hotel.  The Ritz Carlton Key Biscayne is located on 12 acres of direct beachfront property and offers a 24 hour concierge, manned guard gate, pools, tennis courts, gym and secured covered parking.  It is a 12 story resort style condo with 188 luxury units. Condos at the Ritz Carlton are selling for upwards of...Continue Reading!

Key Biscayne Real Estate | 2014 Year In Review

January 23rd, 2015 Written By

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It was a great year for real estate on Key Biscayne in 2014.  Overall, values increased in both the single family home market as well as the condo market.  There were a total of 299 transactions amounting to $477,160,043 in volume (compared to the previous year with 327 sales and $433,705,000 in volume).  There were 10 waterfront homes sold during 2014. New to the Key Biscayne real estate market this year were the condo sales at Oceana, Key Biscayne's newest luxury...Continue Reading!

Oceana Market Update | Key Biscayne

October 24th, 2014 Written By

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The Real Deal has reported that a penthouse at  Oceana on Key Biscayne just closed for $17,000,000.  The buyer was Vail Key of Miami and he purchased Penthouse Unit 1s. They began closings at the 142 unit complex approximately 2 months ago.  Other reported sales have ranged in price from $3,000,000 to $10,000,000.  A single buyer purchased a lower penthouse that offered 5,000 square feet of living area for $10,000,000. Oceana offers the ultimate in luxury and is the newest project...Continue Reading!

Townhouse Unit At Key Colony Sells For Full List Price Of $3,400,000

July 11th, 2014 Written By

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Key Colony on Key Biscayne is a unique oceanfront complex offering a luxury lifestyle with fantastic amenities. The community is made up of 4 different condo buildings, twelve tennis courts, state of the art fitness center, multiple pools, jogging path, beach access and covered assigned parking.  Because of the great location and ultimate beachfront experience, condos at Key Colony are in high demand and tend to get snapped up quickly when they come on the market. Recently, a townhouse unit at...Continue Reading!

Facts About The Key Biscayne Condo Market

May 21st, 2014 Written By

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The real estate market on Key Biscayne is changing rapidly everyday.  So far this year we have seen an increase in values but a slowdown in the number of overall sales. Condo prices have risen from $564.00 per square foot in 2013, to $624.00 per square foot in 2014.  Check out some of the recent statistics on the market below! Most Expensive Condo Sold On Key Biscayne In 2014? Unit 401 at the Grand Bay Towers closed in April for $4,300,000 which...Continue Reading!

New Boutique Condo Building Coming To Key Biscayne

March 13th, 2014 Written By

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101 Key Biscayne is a new construction condo project located at 101 Sunrise Drive.  With  11 total units and 5 stories, this boutique building will offer the utmost in privacy.  Sizes range from 1,848 to 1,949 square feet with 2 or 3 bedrooms.  Some of the special features include 11' impact windows and doors, 10.6' ceilings, large exterior terraces, two assigned parking spaces per unit plus plug-ins for hybrid and electric golf carts (essential on Key Biscayne!). Amenities at 101 Key...Continue Reading!

Ocean Tower II | Unit 1202 Sells For $996.00/Sq. Ft.

March 5th, 2014 Written By

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When Unit 1202 came on the market at Ocean Tower II in The Ocean Club, it garnered a significant amount of interest.  This building is in high demand because it is located close to the beach and has incredible views. Unit 1202 offered 2,510 square feet of living space with 3 bedrooms, 3 baths.  It was listed for $2,450,000 and sold above asking price for $2,500,000.  The "sale price/sq. ft." was $996.00 which is the highest figure the building has seen in over 7 years!  Listing agent was Carlos Coto...Continue Reading!

Key Biscayne Real Estate Market Update

February 28th, 2014 Written By

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As the first two months of 2014 come to an end, I am excited to report that the number of home sales on Key Biscayne are up significantly from the same time period during 2013.  That is not the only good news, values have also increased dramatically for single family homes.  In the condo market, we have seen the number of sales decline but values rise. Single Family Homes On Key Biscayne So far during 2014 Key Biscayne has had 15 single...Continue Reading!

Key Biscayne Real Estate: 2013 Year In Review

January 29th, 2014 Written By

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It was an interesting year for real estate on Key Biscayne.  Overall, the number of condos and single family home sales were down from the previous year.  This was due to the fact that inventory levels were very low during 2013, fewer properties on the market results in fewer sales.  The good news is that values were up across the board.  Homes on Key Biscayne increased in value from $752.00/sq. ft. in 2012 to $862.00/sq. ft. in 2013.  And condos...Continue Reading!

Great Opportunity At Grand Bay Towers!

January 4th, 2014 Written By

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A great opportunity has hit the market at Grand Bay Towers.  As you may or may not know, large 2 bedroom condos are hard to come by not only on Key Biscayne but in all of Miami.  Unit 401 at the Grand Bay Towers offers 2,460 square feet of living space with 2 bedrooms + den and 3.5 bathrooms with an expansive terrace and tree-top views.  The unit is listed at $716.00/sq. ft. which is considerably below the price of...Continue Reading!

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