FLORIDA LUXReal Estate

Key Biscayne Homes for Sale under $2M

140 listings

Live MLS inventory in Key Biscayne, updated continuously.

685 Harbor Ln, Key Biscayne, FL 33149
$6,950,000
5 bd · 6 ba · 5,421 sqft
685 Harbor Ln, Key Biscayne, FL 33149
BISCAYNE KEY ESTATES
110 Hampton Ln, Key Biscayne, FL 33149
$6,900,000
6 bd · 7 ba · 3,550 sqft
110 Hampton Ln, Key Biscayne, FL 33149
TROPICAL ISLE HOMES SUB 4
430 Grand Bay Dr # 801, Key Biscayne, FL 33149
$6,900,000
2 bd · 4 ba · 3,950 sqft
430 Grand Bay Dr # 801, Key Biscayne, FL 33149
Grand Bay
785 Crandon Blvd # 205/305, Key Biscayne, FL 33149
$6,900,000New
4 bd · 5 ba · 4,200 sqft
785 Crandon Blvd # 205/305, Key Biscayne, FL 33149
Ocean Club
430 Grand Bay Drive # 1103, Key Biscayne, FL 33149
$6,850,000
3 bd · 4 ba · 3,630 sqft
430 Grand Bay Drive # 1103, Key Biscayne, FL 33149
GRAND BAY TOWER
760 Woodcrest Rd, Key Biscayne, FL 33149
$6,395,000
5 bd · 6 ba · 4,003 sqft
760 Woodcrest Rd, Key Biscayne, FL 33149
BISCAYNE KEY ESTATES
561 Warren Ln, Key Biscayne, FL 33149
$5,995,000
5 bd · 6 ba · 3,762 sqft
561 Warren Ln, Key Biscayne, FL 33149
TROPICAL ISLE HOMES SUB
501 Bay Lane, Key Biscayne, FL 33149
$5,990,000New
5 bd · 5 ba · 4,759 sqft
501 Bay Lane, Key Biscayne, FL 33149
TROPICAL ISLE HOMES SUB 3
690 Warren Ln, Key Biscayne, FL 33149
$5,478,000
4 bd · 4 ba · 3,549 sqft
690 Warren Ln, Key Biscayne, FL 33149
BISCAYNE KEY ESTATES
785 Crandon Blvd # 705/805, Key Biscayne, FL 33149
$5,450,000
4 bd · 5 ba · 4,200 sqft
785 Crandon Blvd # 705/805, Key Biscayne, FL 33149
The Ocean Club
797 Glenridge Rd, Key Biscayne, FL 33149
$5,200,000
5 bd · 5 ba · 3,535 sqft
797 Glenridge Rd, Key Biscayne, FL 33149
BISCAYNE KEY ESTATES
650 Curtiswood Dr, Key Biscayne, FL 33149
$5,199,000
6 bd · 5 ba · 3,356 sqft
650 Curtiswood Dr, Key Biscayne, FL 33149
BISCAYNE KEY ESTATES
791 Crandon Blvd # PH04, Key Biscayne, FL 33149
$5,100,000
3 bd · 3 ba · 2,510 sqft
791 Crandon Blvd # PH04, Key Biscayne, FL 33149
OCEAN TOWER TWO CONDO
24 Grand Bay Estates Circle, Key Biscayne, FL 33149
$4,950,000
5 bd · 5.5 ba · 4,220 sqft
24 Grand Bay Estates Circle, Key Biscayne, FL 33149
199 Ocean Lane Dr # 401, Key Biscayne, FL 33149
$4,500,000
4 bd · 4 ba · 2,825 sqft
199 Ocean Lane Dr # 401, Key Biscayne, FL 33149
COMMODORE CLUB SOUTH
201 Crandon Blvd # 175, Key Biscayne, FL 33149
$4,450,000New
3 bd · 3 ba · 2,604 sqft
201 Crandon Blvd # 175, Key Biscayne, FL 33149
KEY COLONY NO 1
Listing
$3,975,000New
5 bd · 5 ba · 3,186 sqft
Ocean Club
200 Ocean Lane Dr # 501, Key Biscayne, FL 33149
$3,850,000
4 bd · 4 ba · 1,880 sqft
200 Ocean Lane Dr # 501, Key Biscayne, FL 33149
ISLAND HOUSE
691 Ridgewood Rd, Key Biscayne, FL 33149
$3,800,000
4 bd · 4 ba · 3,403 sqft
691 Ridgewood Rd, Key Biscayne, FL 33149
BISCAYNE KEY ESTATES
350 Ocean Dr # 405N, Key Biscayne, FL 33149
$3,799,000New
2 bd · 4 ba · 1,727 sqft
350 Ocean Dr # 405N, Key Biscayne, FL 33149
Oceana Key Biscayne
600 Grapetree Dr # 11BN, Key Biscayne, FL 33149
$3,750,000
3 bd · 3 ba · 3,711 sqft
600 Grapetree Dr # 11BN, Key Biscayne, FL 33149
Mar Azul
799 Crandon Blvd # 605, Key Biscayne, FL 33149
$3,750,000
3 bd · 4 ba · 2,510 sqft
799 Crandon Blvd # 605, Key Biscayne, FL 33149
The Ocean Club
350 Ocean Dr # 205N, Key Biscayne, FL 33149
$3,750,000
2 bd · 3 ba · 1,830 sqft
350 Ocean Dr # 205N, Key Biscayne, FL 33149
Oceana Key Biscayne
524 Warren Ln, Key Biscayne, FL 33149
$3,730,000
5 bd · 4 ba · 2,700 sqft
524 Warren Ln, Key Biscayne, FL 33149
TROPICAL ISLE HOMES SUB 1

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

228
Homes sold, last 12 months
$1.6M
Median sale price
60 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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Key Biscayne Homes for Sale under $2M — Live MLS Listings | Florida Lux Real Estate