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%
- $2,100,0003 bd · 3 full + 1 half ba · 2,450 sq ft575 Crandon Blvd #801 · Key Bisc AmbassadorAvanti Way Realty LLC

- $844,0002 bd · 2 ba · 1,330 sq ft210 Sea View Dr #409 · Cape Florida Club POne Sotheby's International Realty

- $1,249,0002 bd · 2 ba · 1,260 sq ft199 Ocean Lane Dr #1207 · Commodore Club SouthDouglas Elliman

- $2,850,0003 bd · 2 ba · 1,889 sq ft600 Grapetree Dr #11DN · Mar-azulUrdapilleta Real Estate, LLC

- $1,599,9002 bd · 2 ba · 1,531 sq ft201 Crandon Blvd #530 · Key ColonyBHHS EWM Realty

- $3,595,0003 bd · 3 ba · 3,120 sq ft881 Ocean Dr #7H · Casa del MarElite Ocean View Realty LLC

- $480,0001 bd · 1 full + 1 half ba · 854 sq ft251 Galen Dr #302 · Key Biscayne VIBrickell Bay Club Realty, Inc

- $1,075,0002 bd · 2 full + 1 half ba · 1,340 sq ft224 Sea View Dr #104Coldwell Banker Realty

- $850,0002 bd · 2 ba · 1,311 sq ft575 Crandon Blvd #706 · Key Bisc AmbassadorColdwell Banker Realty

- $2,950,0003 bd · 2 ba · 1,782 sq ft1111 Crandon Blvd #A501 · Towers of Key BiscayneThe Keyes Company

- $2,990,0003 bd · 2 full + 1 half ba · 1,930 sq ft199 Ocean Lane Dr #801 · Commodore Club SouthOne Sotheby's International Realty
Under contract - $1,150,0003 bd · 2 ba · 1,435 sq ft170 Ocean Lane Dr #305 · Ocean Lane PlazaCapital Intl Realty LLC

- $3,499,9994 bd · 4 full + 1 half ba · 1,880 sq ft200 Ocean Lane Dr #501 · Island House AptLuxuri International Real Estate Miami, LLC

- $1,890,0003 bd · 2 full + 1 half ba · 1,820 sq ft181 Crandon Blvd #301 · Key ColonyDLS International Realty

- $1,525,0002 bd · 2 ba · 1,409 sq ft1111 Crandon Blvd #B705 · Towers of Key BiscayneBeachfront Realty Inc

- $1,575,0002 bd · 3 ba · 1,404 sq ft425 Grapetree Dr #206Weichert Realtors Capella Estates

- $1,199,0002 bd · 2 ba · 1,260 sq ft177 Ocean Lane Dr #213 · Key Biscayne Commodore ClNovel Management, LLC

- $2,800,0002 bd · 2 ba · 1,950 sq ft201 Crandon Blvd #643 · Key ColonyBHHS EWM Realty

- $835,0002 bd · 2 ba · 1,335 sq ft150 Ocean Lane Dr #7C · Island BreakersFortune Christie's International Real Estate

- $790,0001 bd · 1 full + 1 half ba · 895 sq ft155 Ocean Lane Dr #403 · Commodore Club WestUrdapilleta Real Estate, LLC

- $445,0001 bd · 1 full + 1 half ba · 725 sq ft240 Galen Dr #214 · Galen Drive AptsFortune Christie's International Real Estate

- $1,790,0003 bd · 3 ba · 1,550 sq ft202 Sunrise Dr #202B · Key CassaSerhant

- $1,499,0002 bd · 2 ba · 1,610 sq ft200 Ocean Lane Dr #409 · Island House AptCompass Florida, LLC

- $1,059,0002 bd · 2 ba · 1,260 sq ft199 Ocean Lane Dr #911 · Commodore Club SouthOne Sotheby's International Realty

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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