Key Biscayne
Key Biscayne
Pros & Cons
Top 3 Things To Do
Median Price
The Location
Day & Nightlife
Walk Score
Comparable Neighborhoods
Demographics
Key Biscayne
Description of the Neighborhood:
Nestled on an island just off the coast of Miami, Key Biscayne is a tropical haven known for its pristine beaches, lush parks, and upscale residences.
This exclusive community offers a serene escape while being in close proximity to the vibrant life of Miami.
Pros & Cons
PROS:
Idyllic Beaches:
Key Biscayne boasts beautiful sandy shores and turquoise waters, providing residents with a picture-perfect setting.
Outdoor Recreation:
Residents can enjoy outdoor activities in Crandon Park, Bill Baggs Cape Florida State Park, and the renowned Crandon Golf Course.
Exclusive Lifestyle:
With upscale homes, luxury amenities, and a low-key atmosphere, Key Biscayne attracts those seeking a sophisticated and exclusive lifestyle.
CONS:
Limited Commercial Space:
The island primarily focuses on residential living, with fewer commercial spaces, requiring residents to travel for certain amenities.
Higher Cost of Living:
The exclusivity and luxurious offerings contribute to a higher cost of living compared to some mainland neighborhoods.
Top 3 Things To Do
Top 3 things to do in the area:
Crandon Park:
Explore the pristine beaches, walking trails, and the Crandon Gardens within this expansive park.
Bill Baggs Cape Florida State Park:
Visit the historic lighthouse and enjoy nature trails and biking in this picturesque state park.
Waterfront Dining:
Experience exquisite waterfront dining with stunning views of the Miami skyline and Biscayne Bay.
Best time of the year to visit:
Key Biscayne welcomes visitors year-round, but the winter months (December to March) offer pleasant temperatures for outdoor activities.
Median Price
Median Residential Rent:
Luxury apartments on Key Biscayne can range from $3,000 to $10,000 per month, depending on size and location.
Median Residential Sale:
The real estate market on Key Biscayne includes luxurious waterfront properties and upscale residences, with median home prices ranging from $1.5 million to $8 million.
Median Commercial Rent:
Commercial spaces, though limited, may range from $50 to $100 per square foot, reflecting the exclusivity of the island.
Median Commercial Sale:
Commercial real estate on Key Biscayne is characterized by select opportunities, often priced between $1 million and $5 million, aligning with the island’s high-end lifestyle.
Data as of 12/2023 researched by RealFeed Research Department.
The Location
Location Summary:
Connected to Miami via the Rickenbacker Causeway, Key Biscayne provides a unique blend of tranquility and accessibility.
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Day & Nightlife
What’s Happening?..
While Key Biscayne is more known for its daytime activities, residents can enjoy upscale dining and socializing in exclusive settings during the evening.
Walk Score
You can walk, but you better have some good walking shoes.
14601 Polk Street
Car-Dependent
Comparable Neighborhoods
Comparable areas are;
Bal Harbour and Coconut Grove share similarities with Key Biscayne in terms of luxury living, exclusivity, and proximity to the water.
Similar Areas
Demographics
Key Biscayne attracts a discerning demographic, including affluent professionals, celebrities, and those seeking an exclusive and peaceful retreat.