Cape Florida Homes for Sale in Key Biscayne

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 September 22, 2026 from BeachesMLS: homes and condos in Cape Florida, Key Biscayne.

Active listings12
Median list price$6,375,000
Median list price per sq ft$1,669/sq ft
Average days on market143 days
Sold in the last 180 days1
Median sold price (180 days)$2,900,000
Median sold price per sq ft$985/sq ft
Average days to sell98 days
Sale price as % of list price100%
Months of inventory72 months
Median sold price vs. a year ago+74.2%

Source: BeachesMLS via the Spark API, 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.

12 listings, newest first.

The 12 listings on this page run from $579,000 to $27,900,000, with a median of $6,375,000, about $1,669 per square foot, and they have been listed a median of 54 days.

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