Key Biscayne homes under $5,000,000
As of , 111 homes under $5,000,000 are listed in Key Biscayne. The median asking price is about $1,495,000, or $1,014 per sq ft.
Live MLS data from MIAMI MLS and BeachesMLS. Updated .
- Homes under $5,000,000
- 111
- Median asking price
- $1,495,000
- Median per sq ft
- $1,014
- On the water
- 54%
- $4,450,0003 bd · 2 full + 1 half ba · 1,930 sq ft177 Ocean Lane Dr #501 · Key Biscayne Commodore ClBHHS EWM Realty
New - $970,0002 bd · 2 ba · 1,470 sq ft141 Crandon Blvd #329 · Key ColonyCervera Real Estate Inc
New - $765,0002 bd · 2 ba · 1,105 sq ft77 Crandon Blvd #3C · The Palms of Key BiscayneE Realty International, Inc
New - $3,500,0003 bd · 3 ba · 3,120 sq ft881 Ocean Dr #13H · Casa del MarGreat Properties International LLC
New - $2,400,0002 bd · 2 ba · 1,875 sq ft881 Ocean Dr #23C · Casa del MarGreat Properties International LLC
New - $1,410,0002 bd · 2 ba · 1,260 sq ft177 Ocean Lane Dr #405 · Key Biscayne Commodore ClIPM Worldwide Properties
New - $852,0001 bd · 1 full + 1 half ba · 840 sq ft177 Ocean Lane Dr #402 · Key Biscayne Commodore ClLoKation
New - $515,0001 bd · 1 ba · 679 sq ft290 Sunrise Dr #1-B · Key IslanderSierra Realty
New - $1,075,0001 bd · 2 ba · 1,059 sq ft201 Crandon Blvd #605 · Key ColonyCRANELUXE

- $1,290,0002 bd · 2 ba · 1,350 sq ft155 Ocean Lane Dr #1215 · Commodore Club WestColdwell Banker Realty

- $1,495,0002 bd · 2 ba · 1,042 sq ft881 Ocean Dr #TH31 · Casa del MarDouglas Elliman

- $2,850,0003 bd · 3 ba · 2,602 sq ft765 Crandon Blvd #310 · Lake TowerSerhant

- $1,890,0002 bd · 2 ba · 1,532 sq ft151 Crandon Blvd #540 · Key ColonyNecdot

- $1,690,0002 bd · 2 ba · 1,882 sq ft151 Crandon Blvd #310 · Key ColonyBHHS EWM Realty
Under contract - $2,470,0002 bd · 2 ba · 1,875 sq ft881 Ocean Dr #20E · Casa del MarFortune Christie's International Real Estate

- $1,225,0002 bd · 2 ba · 1,409 sq ft1121 Crandon Blvd #D903 · Towers of Key BiscayneUnited Realty Group Inc

- $3,975,0003 bd · 4 full + 1 half ba · 3,093 sq ft781 Crandon Blvd #401 · Club Tower ThreeOne Sotheby's International Realty

- $995,0001 bd · 1 full + 1 half ba · 895 sq ft155 Ocean Lane Dr #1002 · Commodore Club WestDLS International Realty

- $629,0001 bd · 1 full + 1 half ba · 776 sq ft798 Crandon Blvd #55-B · Le Phare Key BiscayneCapital Intl Realty LLC

- $3,950,0004 bd · 4 full + 1 half ba · 3,250 sq ft445 Grand Bay Dr #104 · Grand Bay ResidencesCompass Florida, LLC

- $3,900,0004 bd · 4 ba · 2,930 sq ft430 Grand Bay Dr #606 · Grand Bay TowerOne Sotheby's International Realty

- $3,300,0004 bd · 3 ba · 2,448 sq ft548 Fernwood RdFlorida Realty of Miami Corp

- $749,0002 bd · 2 ba · 1,450 sq ft101 Ocean Lane Dr #209 · Ocean VillageRE/MAX Consultants Realty 1

- $4,500,0004 bd · 3 ba · 2,689 sq ft475 Woodcrest RdFlorida Realty of Miami Corp

Listings from MIAMI MLS and BeachesMLS. The listing office is shown on every listing page. Information is deemed reliable but not guaranteed.
Homes under $5,000,000 compared with all homes in Key Biscayne
| Homes under $5,000,000 | All homes for sale | |
|---|---|---|
| Listings for sale | 111 | 149 |
| Share of homes for sale | 74% | 100% |
| Median asking price | $1,495,000 | $2,265,000 |
| Median per sq ft | $1,014 | $1,141 |
Questions about homes under $5,000,000
How much are homes under $5,000,000 in Key Biscayne?
As of October 22, 2026, the median asking price is $1,495,000, or $1,014 per sq ft, across 111 listings for sale.
How many homes under $5,000,000 in Key Biscayne are on the water?
As of October 22, 2026, 54% of the listings for sale in Key Biscayne say they are on the water.
Are pets allowed in Key Biscayne?
As of October 22, 2026, 78% of the 110 listings that state a pet policy say pets are allowed. Each building or community sets its own rules.
How long do homes under $5,000,000 stay on the market in Key Biscayne?
As of October 22, 2026, the median listing for sale has been on the market for 85 days.
What do homes under $5,000,000 in Key Biscayne cost by number of bedrooms?
As of October 22, 2026, asking prices are: 1 bedroom: most from $450,000 to $1,075,000; 2 bedrooms: most from $770,000 to $2,400,000; 3 bedrooms: most from $1,690,000 to $3,750,000; 4 bedrooms: from $2,600,000 to $4,500,000.
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