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%
- $999,0002 bd · 2 ba · 1,260 sq ft155 Ocean Lane Dr #413 · Commodore Club WestColdwell Banker Realty

- $535,0001 bd · 1 ba · 740 sq ft260 Sunrise Dr #D · Sunrise ManorCompass Florida, LLC
Under contract - $1,890,0002 bd · 2 ba · 1,888 sq ft600 Grapetree Dr #7FN · Mar-azulCervera Real Estate Inc

- $890,0002 bd · 2 ba · 1,450 sq ft55 Ocean Lane Dr #2028 · Ocean VillageBHHS EWM Realty

- $950,0002 bd · 2 ba · 1,330 sq ftKey Biscayne, FLMiller Eaton LLC

- $1,100,0002 bd · 2 ba · 1,260 sq ft199 Ocean Lane Dr #206 · Commodore Club SouthUrdapilleta Real Estate, LLC
Under contract - $2,650,0003 bd · 3 ba · 2,001 sq ft151 Crandon Blvd #1130 · Key ColonyColdwell Banker Realty

- $580,0002 bd · 2 ba · 1,100 sq ft240 Galen Dr #110 · Galen Drive AptsOne Sotheby's International Realty
Under contract - $799,5001 bd · 1 full + 1 half ba · 895 sq ft155 Ocean Lane Dr #103 · Commodore Club WestCachon Realty Group. LLC

- $799,0002 bd · 2 ba · 1,335 sq ft150 Ocean Lane Dr #2H · Island BreakersMiami One Real Estate, LLC

- $3,300,0003 bd · 2 ba · 1,554 sq ft119 Harbor DrFortune Christie's International Real Estate

- $519,0001 bd · 1 ba · 790 sq ft195 Sunrise Dr #7 · IndiesColdwell Banker Realty

- $975,000Studio · 1 ba · 376 sq ft455 Grand Bay Dr #1020 · G B Resort HotelArch Realty Inc

- $2,725,0003 bd · 3 full + 1 half ba · 1,650 sq ft596 Fernwood Rd #BFortune Christie's International Real Estate

- $3,750,0003 bd · 3 ba · 3,120 sq ft881 Ocean Dr #10A · Casa del MarOne Sotheby's International Realty

- $770,0002 bd · 2 ba · 1,105 sq ft77 Crandon Blvd #5C · The Palms of Key BiscayneAvanti Way Realty LLC

- $1,360,0003 bd · 2 ba · 1,847 sq ftKey Biscayne, FLHoly Keys Realty Group LLC

- $459,0001 bd · 1 ba · 608 sq ft255 Sunrise Dr #107 · Cay PolynesiaBHHS EWM Realty

- $2,400,0002 bd · 2 ba · 1,875 sq ft881 Ocean Dr #16F · Casa del MarUrdapilleta Real Estate, LLC

- $1,495,0002 bd · 2 ba · 1,790 sq ft101 Crandon Blvd #265 · Key ColonyRelated General Realty, LLC

- $2,250,0002 bd · 2 full + 1 half ba · 2,060 sq ft737 Crandon Blvd #PH-1 · Lake Villa TwoBHHS EWM Realty

- $825,0001 bd · 1 full + 1 half ba · 895 sq ftKey Biscayne, FLBlue Capital Realty, LLC

- $1,400,0001 bd · 1 ba · 1,217 sq ft200 Ocean Lane Dr #PB4 · Island House AptCompass Florida, LLC

- $2,220,0003 bd · 3 ba · 2,523 sq ft600 Grapetree Dr #6BS · Mar-azulUrdapilleta Real Estate, LLC

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 86 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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