Cape Florida Homes for Sale in Key Biscayne

Know Cape Florida before you buy there: what homes sell for, what they cost to own and how to make the right offer.

Canal estates and the Cape Florida Club by the state park. Every home currently for sale in Cape Florida, Key Biscayne, straight from BeachesMLS and updated throughout the day.

The Cape Florida sections sit at the south end of the village beside Bill Baggs Cape Florida State Park. Streets such as Cape Florida Drive, Island Drive, Knollwood Drive and Mariner Drive hold some of the largest lots on the island, many on wide canals such as the Pines Canal with long water frontage and docks, from 1980s houses to new construction. The Cape Florida Club on Sea View Drive adds 1970s condominium apartments and townhouses a short walk from the beach. For a canal home we check the seawall, dock permits and water depth; for the club, ask for the budget, reserves and leasing rules.

Cape Florida Market at a Glance

Updated November 6, 2026 from BeachesMLS: homes and condos in Cape Florida, Key Biscayne.

Active listings	11
Median list price	$9,800,000
Median list price per sq ft	$1,682/sq ft
Average days on market	184 days
Sold in the last 180 days	1
Median sold price (180 days)	$2,900,000
Median sold price per sq ft	$985/sq ft
Average days to sell	98 days
Sale price as % of list price	100%
Months of inventory	66 months
Median sold price vs. a year ago	+74.2%

Source: BeachesMLS, listings whose subdivision or remarks name Cape Florida. Sold figures cover closings in the last 180 days, compared with the same 180 days one year earlier. Not an appraisal.

11 listings, newest first.

The 11 listings on this page run from $844,000 to $27,900,000, with a median of $9,800,000, about $1,682 per square foot, and they have been listed a median of 96 days.

The communities with the most listings here are Cape Florida Sub (6) and Cape Florida Club (3), 9 of the 11; the others are spread across 2 more communities. By type: 6 single-family homes, 4 condos and 1 townhome or villa. Bedrooms run from 1 to 8, a median of 4; they were built between 1972 and 2022, a median of 1983, and 2 in the last ten years. 6 of the 11 have a pool, and 8 are on the water.

Ask About These Key Biscayne Cape Florida

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.

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Own a Home in Cape Florida?

Your buyer may already be looking in Cape Florida. BreakThru Realty works with hundreds of prequalified buyers searching for properties. We review the recent Cape Florida sales, your home's features and whether it fits what a buyer working with us has asked for, then build the plan that reaches the rest of the market if none does.

A value range built from comparable Cape Florida, Key Biscayne sales, with the reasoning
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