47 Days on Market
Condo for Sale
$1,950,000
2 bd · 2 ba · 1,700 sqft
719 Crandon Blvd # 310, Key Biscayne, FL 33149
THE OCEAN CLUB
Bedrooms
Bathrooms
Key Biscayne Homes for Sale under $2M
65 listings
371 Days on Market
Condo for Sale
$1,900,000
3 bd · 2 ba · 1,546 sqft
251 Crandon Blvd # 227, Key Biscayne, FL 33149
KEY COLONY
24 Days on Market
Condo for Sale
$1,890,000
2 bd · 2 ba · 1,888 sqft
600 Grapetree Dr # 7FN, Key Biscayne, FL 33149
Mar Azul
93 Days on Market
Condo for Sale
$1,890,000
3 bd · 3 ba · 1,820 sqft
181 Crandon Blvd # 301, Key Biscayne, FL 33149
Key Colony 4
Newly Listed
Condo for Sale
$1,890,000
2 bd · 2 ba · 1,532 sqft
151 Crandon Blvd # 540, Key Biscayne, FL 33149
Emerald Bay
8 Days on Market
Condo for Sale
$1,800,000
2 bd · 3 ba · 1,547 sqft
151 Crandon Blvd # 138, Key Biscayne, FL 33149
THE EMERALDBAY @ KEY BISC
Newly Listed
Condo for Sale
$1,790,000
3 bd · 3 ba · 1,550 sqft
202 Sunrise Dr # 202B, Key Biscayne, FL 33149
KEY CASSA
85 Days on Market
Condo for Sale
$1,690,000
3 bd · 3 ba · 1,550 sqft
204 Sunrise Dr # 204B, Key Biscayne, FL 33149
KEY CASSA
Newly Listed
Condo for Sale
$1,690,000
2 bd · 2 ba · 1,882 sqft
151 Crandon Blvd # 310, Key Biscayne, FL 33149
THE EMERALDBAY @ KEY COLO
61 Days on Market
Condo for Sale
$1,599,900
2 bd · 2 ba · 1,531 sqft
201 Crandon Blvd # 530, Key Biscayne, FL 33149
KEY COLONY NO 1
93 Days on Market
Townhome for Sale
$1,575,000
2 bd · 3 ba · 1,404 sqft
425 Grapetree Dr # 206, Key Biscayne, FL 33149
Grapetree Townhouse
95 Days on Market
Condo for Sale
$1,525,000
2 bd · 2 ba · 1,409 sqft
1111 Crandon Blvd # B705, Key Biscayne, FL 33149
Tower of Key Biscayne
104 Days on Market
Home for Sale
$1,499,000
2 bd · 2 ba · 1,610 sqft
200 Ocean Lane Drive # 409, Key Biscayne, FL 33149
ISLAND HOUSE APT INC-COOP
Newly Listed
Condo for Sale
$1,495,000
2 bd · 2 ba · 1,042 sqft
881 Ocean Dr # TH31, Key Biscayne, FL 33149
CASA DEL MAR CONDO
Newly Listed
Condo for Sale
$1,495,000
2 bd · 2 ba · 1,790 sqft
101 Crandon Blvd # 265, Key Biscayne, FL 33149
Key Colony
30 Days on Market
Home for Sale
$1,400,000
1 bd · 1 ba · 1,217 sqft
200 Ocean Lane Dr # PB4, Key Biscayne, FL 33149
ISLAND HOUSE APT INC - CO
147 Days on Market
Townhome for Sale
$1,400,000
2 bd · 3 ba · 1,340 sqft
232 Sea View Dr # 108, Key Biscayne, FL 33149
CAPE FLORIDA CLUB CONDO
Newly Listed
Condo for Sale
$1,360,000
3 bd · 2 ba · 1,847 sqft
BAHIA MAR
10 Days on Market
Condo for Sale
$1,350,000
2 bd · 2 ba · 1,409 sqft
1111 Crandon Blvd # B506, Key Biscayne, FL 33149
TOWERS OF KEY BISCAYNE CO
189 Days on Market
Condo for Sale
$1,299,000
2 bd · 2 ba · 1,260 sqft
199 Ocean Lane Dr # 1009, Key Biscayne, FL 33149
Commodore Club
72 Days on Market
Condo for Sale
$1,299,000
2 bd · 2 ba · 1,260 sqft
177 Ocean Lane Dr # 213, Key Biscayne, FL 33149
KEY BISCAYNE'S COMMODORE
63 Days on Market
Condo for Sale
$1,295,000
2 bd · 2 ba · 1,260 sqft
199 Ocean Lane Dr # 1207, Key Biscayne, FL 33149
COMMODORE CLUB SOUTH COND
Newly Listed
Condo for Sale
$1,290,000
2 bd · 2 ba · 1,350 sqft
155 Ocean Lane Dr # 1215, Key Biscayne, FL 33149
COMMODORE CLUB WEST CONDO
166 Days on Market
Condo for Sale
$1,250,000
2 bd · 2 ba · 1,488 sqft
151 Crandon Blvd # 320, Key Biscayne, FL 33149
THE EMERALD BAY
Talk to a local agent
Looking at Key Biscayne Homes for Sale under $2M?
Tell us what you're after — we'll send matching homes, off-market options and recent sales, and set up private showings.
Live MLS inventory in Key Biscayne, updated continuously. Florida Lux Real Estate currently tracks 65 active listings here. MLS inventory updated October 11, 2026.
Homes for Sale under $2M in Key Biscayne: What to Know Before You Search
Beyond the Rickenbacker tollgate, tucked between two state parks, Key Biscayne functions as Miami's island village — a K-8 school and streets where children pedal to the beach. Ordinance limits the condo count and no new building has opened since 2014, which means the scarcity driving prices here is entirely real.
Setting the ceiling at $2.0M turns Key Biscayne into a value hunt — and the value tends to hide in specific corners: an older building whose fees undersell its address, a property type the market keeps overlooking, a block just off the prime grid. Known for a family island village between two state parks, fifteen minutes from Brickell, Key Biscayne always has an under-the-radar pocket, and this page keeps every listing beneath the cap in one place so none of it slips past you.
Key Biscayne Market Snapshot
227
Homes sold, last 12 months
$1.6M
Median sale price
61 days
Median time on market
Frequently Asked Questions
What can I realistically buy in Key Biscayne under $2.0M?
The honest inventory is right here, updated continuously, and the mix shifts month to month. As a rule of thumb condos stretch a capped budget furthest, townhomes buy the most space, and houses under a ceiling trade quickest. We'll tell you candidly which listings are priced low for a reason.
What costs sit beyond the price in Key Biscayne?
Budget association dues on condos and townhomes, insurance that shifts with roof age and flood zone, and buyer closing costs of roughly two to three percent. We build a true monthly-cost sheet for any listing before you offer, so your ceiling still holds after closing.
How do I arrange a showing in Key Biscayne?
Each listing on this page carries an inquiry form that goes straight to our brokerage — or reach us at +1 786-370-8570. We schedule private tours to fit your calendar and run live video walkthroughs for buyers relocating from out of state, with no obligation attached.
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