BreakThru Realty

Cape Florida Home Values in Key Biscayne

What homes in Cape Florida are selling for right now, from the neighborhood's own closings, and a free written valuation of your address.

Reviewed by Tyson E. Sam, Founder and Broker of Record, BreakThru Realty, Florida License 3565210

What a home in Cape Florida, Key Biscayne is worth today, from the closings and the asking prices in Cape Florida itself rather than a Key Biscayne-wide average. Canal estates and the Cape Florida Club by the state park. The figures and recent sales on this page are what a Cape Florida valuation is built on.

Cape Florida Market at a Glance

Updated September 25, 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 market145 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.

What Homes in Cape Florida Are Selling For

1 homes closed in Cape Florida in the last 180 days at a median of $2,900,000, or $985 per square foot, after 98 days on the market on average, and sellers achieved 100% of asking. The median is up 74.2% on the same period a year earlier. With a small number of sales a single large or small home can move a median, which is why a valuation works from the individual closings rather than from this figure.

What Buyers Pay For in Cape Florida

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. Those are the things a Cape Florida buyer compares from one home to the next, and they are what separate a sale at the top of the range from one at the bottom.

Cape Florida Against the Key Biscayne Average

A Key Biscayne-wide figure blends every neighborhood, every property type and every condition. Cape Florida has its own buyers and its own price range, so a home here is valued against Cape Florida closings first and against the nearest comparable streets only when there are too few. There are 12 homes for sale in Cape Florida today at a median asking price of $6,375,000, about 72 months of supply: that is the competition a new listing is priced against.

How to Get Your Cape Florida Home Value

Enter your address on this page. A BreakThru Realty broker pulls the Cape Florida closings that match your home, adjusts them for size, condition, lot and view, and calls you within one business day with a written value range and the sales behind it. It is free and carries no obligation, and it extends into a full comparative market analysis and a net proceeds estimate if you are thinking of listing.

Recently Sold in Cape Florida

The newest closings in Cape Florida, with the sale price, closing date and days on market for each.

Cape Florida recent sales

What Is Your Cape Florida Home Worth?

Request a free valuation built on recent Key Biscayne sales, or a full comparative market analysis before you list. No fee, no obligation, and a licensed broker answers within one business day.

Cape Florida Home Values: Frequently Asked Questions

How much is my house worth in Cape Florida?
Homes in Cape Florida closed at a median of $2,900,000 in the last 180 days ($985 per square foot), but your value comes from the individual Cape Florida closings that match your home's size, lot, condition and view. Enter your address on this page and a broker sends you a written range with the sales behind it, free.
What is the price per square foot in Cape Florida?
The median sold price per square foot in Cape Florida over the last 180 days is $985, against $1,669 for the homes currently listed. Price per square foot falls as homes get larger and rises sharply with water, view and renovation, so use it to compare similar homes, not to price one.
How fast do homes sell in Cape Florida?
Homes that closed in Cape Florida in the last 180 days took 98 days on average to go under contract, and there are about 72 months of supply on the market. Correctly priced homes sell faster than the average, because the average includes every listing that needed a price reduction first.
Where can I see what sold recently in Cape Florida?
The newest Cape Florida closings are on this page with the sale price and days on market for each, and the full six months are on the Cape Florida recent sales page linked below. They come straight from BeachesMLS and update daily.

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