Key Biscayne
Introduction
General Overview
The island town of Key Biscayne is known for its natural beauty, from its shores to its year-round sunny weather. It has a population of around 13,000 and a total land area of approximately 1.23 square miles.
Location
Key Biscayne is a village located on an island just south of Miami Beach. It’s bordered by two state parks, the Atlantic Ocean, and Biscayne Bay. Brickell, Coral Gables, and Coconut Grove are just 20 minutes by car, more or less.
Real Estate Community in Key Biscayne
Average Land Area/House Square Feet
Home sizes in Key Biscayne range from around 1,400 square feet to over 10,000square feet. Typical sizes of apartments and condos range from 350 square foot condos to over 7,900 square feet.
Common Property Types or House Styles
Majority of the properties in the northern part of Key Biscayne are luxurious resort-style condominiums and waterfront mansions. In the southern part of the neighborhood, single-family homes are more common.
Average Market Pricing
The median prices of Key Biscayne homes for sale is around $3 million. Meanwhile, condos for sale in Key Biscayne are priced anywhere from about $280,000,000 to more than $21 million.
Common Design, Construction, or Architectural Types
Prominent architectural styles in Key Biscayne residential properties are Spanish, Mediterranean, Old World Floria, and contemporary
Notable Homeowners
Cher once lived in a 7,500-square feet home in Key Biscayne, with seven bedrooms, eight bathrooms, a fully equipped gym, spa, wine cellar, infinity cascade pool, extra-large Jacuzzi, and a private beach. The lavish property was custom-designed by world-renowned Catalina Echavaria.
Other prominent personalities who have found home in Key Biscayne are Colombian race car driver Juan Pablo Montoya, tennis player Mary Joe Fernandez, and Andy Garcia.
Brad Pitt also used to own a home in Key Biscayne. During his time as president in the White House, Richard Nixon stayed in his Florida White House in Key Biscayne as well.
Living in Key Biscayne
General Cost of Living
The general cost of living in Key Biscayne is 116% higher than the average cost of living in Florida. Housing is the major factor that contributes to the high cost of living in Key Biscayne.
Employment/Job Opportunities
The leading industries in Key Biscayne are food services, hospitality, rentals, retail, and services such as personal care.
Weather
With a tropical savanna climate, Key Biscayne experiences hot, humid summers and warm, dry winters.
Restaurants
Waterfront dining is the best way to enjoy your food while soaking in the breathtaking views of the sea. One of the restaurants offering oceanfront dining is the Rusty Pelican Restaurant. Other must-try dining spots are LightKeepers, La Boulangerie Boul’Mich, Novecento, Costa Med Bistro + Wine, Cantina Beach, Kebo Restaurant, Ayesha Saffron Key Biscayne, and Donut Gallery Diner.
Schools
Key Biscayne is served by Miami-Dade County Public Schools. Middle schoolers can attend Ponce de Leon Middle School in Coral Gables. High school students can attend Coral Gables High School. St. Agnes Academy, a private Catholic institution, is located on the island and serves pre-k to 8th grade. The Miami-Dade Public Library System operates the Key Biscayne branch on a 6,000-square-foot property.
Transportation
Instead of taking public transportation or driving their own vehicles, residents often use the waterways to get around. Golf carts and bicycles are the most popular mode of transportation in the island. Locals take their kayaks, jet skis, and motorboats to navigate around town and avoid traffic during rush hour or busy days, such as the Miami Open Tennis Tournament or the annual Boat Show.
Parks, Recreational Activities, and Attractions
Families enjoy their weekends on boat trips and strolling by the beach. All types of watersports are to be enjoyed here so you’ll never run out of things to do with your loved ones.
The Key Biscayne lifestyle is geared towards enjoying the outdoors, from the beach to local parks. The scenery is also priceless, which is why homeowners and tourists alike tend to spend their time exploring nature rather than cooped up indoors.
The Miami Open, the second most visited and watched tennis tournament in the US, was held in Key Biscayne until 2019 when it moved to Miami’s Hard Rock Stadium. Key Biscayne’s world-class tennis center operates all year.
Bill Baggs Cape Florida State Recreation Park offers watersport activities such as swimming, kayaking, paddleboarding, fishing, and boating. Bike trails are also available for those with a mountain bike. Cape Florida Lighthouse is a landmark worth visiting as well. There’s also the Key Biscayne Yacht Club where many dock their boats.
Experience a tropical vacation all year-round here at Key Biscayne. If you’re interested to purchase your home in this paradise, get in touch with The Jills Zeder Group at 305.722.5721 or 305.341.7447 to get started.