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%

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 $5,000,000All homes for sale
Listings for sale111149
Share of homes for sale74%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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