Key Biscayne Homes with the Biggest Price Drops

Find the Key Biscayne home that fits your life, with the costs understood and the offer planned before you commit.

Live BeachesMLS listings matching this search in Key Biscayne, Florida, updated throughout the day.

A steep reduction on Key Biscayne usually tracks one of three corrections. An apartment in one of the older oceanfront buildings comes down once a milestone inspection, a reserve study or a special assessment changes what an owner will pay after closing. An original early fifties house in Tropical Isle Homes or Biscayne Key Estates is cut when buyers price it as a lot for an elevated rebuild rather than a home to keep. And a large canal estate in the Cape Florida sections may wait through a season for one of a small number of buyers before its price moves. Ask why the price changed, then compare it with closed sales on the same Key Biscayne street or in the same building line.

11 listings, largest price cut first.

The 11 listings on this page run from $445,000 to $12,485,000, with a median of $1,249,000, about $979 per square foot, and they have been listed a median of 219 days.

The communities with the most listings here are Cape Florida Sub (2) and Commodore Club South Cond (2), 4 of the 11; the others are spread across 7 more communities. By type: 9 condos and 2 single-family homes. Bedrooms run from 1 to 6, a median of 2; they were built between 1967 and 2017, a median of 1974, and 1 in the last ten years. 2 of the 11 have a pool, and 6 are on the water.

Ask About These Key Biscayne Biggest Price Drops

Tell us which of these homes you want to see, or what you are looking for that is not here, and a Key Biscayne agent replies with the homes that fit, the questions to ask about each and a time to see them. Call or text (786) 914-1017 or send the form on this page.

Key Biscayne Biggest Price Drops: What Is on the Market

What the 11 biggest price drops for sale in Key Biscayne tell you about this market, counted from the listings on this page as of November 8, 2026. Every figure moves with the inventory. Ask about any of these homes or request a showing from this page.

Listings on this page11
Asking prices$445,000 to $12,485,000
Median asking price$1,249,000
Median price per square foot$979/sq ft
Median living area1,260 sq ft
Bedrooms1 to 6, median 2
Year built1967 to 2017, median 1974
Median association fee (condos)$3,800/mo
Median days on market219 days
Listings with a price cut11 of 11
With a pool2 of 11
On the water6 of 11
With ocean access2 of 11
Garage spaces1 to 3

Communities With the Most Listings

CommunityListingsMedian asking price
Cape Florida Sub2$11,142,500
Commodore Club South Cond2$1,134,000

By Asking Price

  • Under $1,000,000: 3 listings
  • $1,000,000 to $2,500,000: 5 listings
  • $2,500,000 and up: 3 listings

Counted from the listings on this page, BeachesMLS, as of November 8, 2026. Asking prices, not sale prices. Not an appraisal.

Key Biscayne Biggest Price Drops: Questions Buyers Ask

How much do biggest price drops cost in Key Biscayne?
The 11 biggest price drops for sale in Key Biscayne on this page ask from $445,000 to $12,485,000, a median of $1,249,000 or about $979 per square foot, from BeachesMLS listings as of November 8, 2026. 3 are under $1,000,000, 5 are between $1,000,000 and $2,500,000 and 3 are at $2,500,000 and up. Asking prices are not sale prices: the Key Biscayne housing market report shows what homes closed for.
How many biggest price drops are for sale in Key Biscayne right now?
11 biggest price drops are listed for sale in Key Biscayne as of November 8, 2026, and the typical one has been on the market 219 days; 11 of them have cut the asking price since listing. The list refreshes from the MLS through the day, and the alert on this page sends each new one the day it lists.
Which Key Biscayne communities have biggest price drops for sale?
Cape Florida Sub (2, median $11,142,500) and Commodore Club South Cond (2, median $1,134,000) hold the most biggest price drops for sale in Key Biscayne today. The rest are spread across 7 more communities.
What are the association fees on biggest price drops in Key Biscayne?
The median association fee on the condos in this search is $3,800 a month, from $742 to $13,363, as the listings state them as of November 8, 2026. The fee depends on what the association covers, from insurance and reserves to staff and amenities; we read the budget, the reserve study and any assessment before you offer.
Are these Key Biscayne biggest price drops houses or condos?
2 of the 11 are single family houses and 9 are condos, as of November 8, 2026. A house in Key Biscayne is priced from the closed sales on its streets; a condo from its building's closings and its association's documents.

Before You Buy: The Guides

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