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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 15,000 and a total area of 1.71 square miles. 1.25 square miles of it is land while 0.46 square miles are water.

Location

Key Biscayne is a village located on an island just south of Miami Beach and in between two state parks, the Atlantic Ocean, and Biscayne Bay. Brickell, Coral Gables, and Coconut Grove are all nearby, 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 1,044 square feet to 5,839 square feet. Typical sizes of apartments and condos range from 950 square feet to 1,350 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 suburbs, single-family homes are more common. 

Average Market Pricing

The median home value of Key Biscayne homes for sale is $2,033,179. Meanwhile, condos for sale in Key Biscayne are priced anywhere from $575,000 to $2,245,000.

Common Design, Construction, or Architectural Types

Prominent architectural styles in Key Biscayne residential properties are Spanish, Mediterranean, Old World Floria, and Modern. 

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 sole 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 attend Ponce de Leon Middle School in Coral Gables. High school students attend Coral Gables High School. St. Agnes Academy, a private Catholic institution, is located on the island and serving pre-k3 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 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, draws in a lot of visitors every March. Key Biscayne also features a world-class tennis center that operates all year.

Bill Brags 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.

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