How much do price reduced homes cost in Key Biscayne?

The 48 price reduced homes for sale in Key Biscayne on this page ask from $419,000 to $27,900,000, a median of $1,412,000 or about $1,027 per square foot, from BeachesMLS listings as of November 8, 2026. 15 are under $1,000,000, 18 are between $1,000,000 and $3,500,000 and 15 are at $3,500,000 and up. Asking prices are not sale prices: the Key Biscayne housing market report shows what homes closed for.

How many price reduced homes are for sale in Key Biscayne right now?

48 or more price reduced homes are listed for sale in Key Biscayne as of November 8, 2026, and the typical one has been on the market 167 days; 48 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 price reduced homes for sale?

Commodore Club South Cond (4, median $1,174,000), Commodore Club West (4, median $804,750), Biscayne Key Estates (3, median $5,378,000), Key Colony (3, median $1,890,000), Cape Florida Sub (2, median $21,195,000) and Island House Apt Inc - Co (2, median $2,360,000) hold the most price reduced homes for sale in Key Biscayne today. The rest are spread across 27 more communities.

What are the association fees on price reduced homes in Key Biscayne?

The median association fee on the condos in this search is $3,165 a month, from $150 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 price reduced homes houses or condos?

10 of the 48 are single family houses and 34 are condos; the other 4 are townhomes, villas or multifamily, 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.

Key Biscayne Price Reduced Homes & Condos

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

Reductions on Key Biscayne usually trace back to one of a few causes. In the older oceanfront buildings, a milestone inspection, a reserve study or a special assessment can arrive after a unit is listed, and the price moves to absorb it. On the village streets, an original house marketed as a home is sometimes repriced once buyers treat it as land. At the high end, large houses and residences can sit because the pool of buyers is thin, and one cut can bring them back into range. Read each reduction against the time on market and the building's documents, and ask why the price moved before assuming a Key Biscayne seller simply wants out.

The 48 newest listings are below; see every match with map and filters.

The 48 listings on this page run from $419,000 to $27,900,000, with a median of $1,412,000, about $1,027 per square foot, and they have been listed a median of 167 days.

The communities with the most listings here are Commodore Club South Cond (4), Commodore Club West (4), Biscayne Key Estates (3), Key Colony (3) and Cape Florida Sub (2), 16 of the 48; the others are spread across 28 more communities. By type: 34 condos, 10 single-family homes and 4 townhomes and villas. Bedrooms run from studios to 8, a median of 2; they were built between 1950 and 2018, a median of 1974, and 2 in the last ten years. 13 of the 48 have a pool, and 32 are on the water.

Ask About These Key Biscayne Price Reduced Homes

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 Price Reduced Homes: What Is on the Market

What the 48 price reduced homes 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 page	48
Asking prices	$419,000 to $27,900,000
Median asking price	$1,412,000
Median price per square foot	$1,027/sq ft
Median living area	1,534 sq ft
Bedrooms	Studio to 8, median 2
Year built	1950 to 2018, median 1974
Median association fee (condos)	$3,165/mo
Median days on market	167 days
Listings with a price cut	48 of 48
With a pool	13 of 48
On the water	32 of 48
With ocean access	16 of 48
No fixed bridges to the inlet	3 of 48
Garage spaces	1 to 226
Median lot size (houses)	8,930 sq ft

Communities With the Most Listings

Community	Listings	Median asking price
Commodore Club South Cond	4	$1,174,000
Commodore Club West	4	$804,750
Biscayne Key Estates	3	$5,378,000
Key Colony	3	$1,890,000
Cape Florida Sub	2	$21,195,000
Island House Apt Inc - Co	2	$2,360,000

By Asking Price

Under $1,000,000: 15 listings
$1,000,000 to $3,500,000: 18 listings
$3,500,000 and up: 15 listings

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

Key Biscayne Price Reduced Homes: Questions Buyers Ask

How much do price reduced homes cost in Key Biscayne?: The 48 price reduced homes for sale in Key Biscayne on this page ask from $419,000 to $27,900,000, a median of $1,412,000 or about $1,027 per square foot, from BeachesMLS listings as of November 8, 2026. 15 are under $1,000,000, 18 are between $1,000,000 and $3,500,000 and 15 are at $3,500,000 and up. Asking prices are not sale prices: the Key Biscayne housing market report shows what homes closed for.
How many price reduced homes are for sale in Key Biscayne right now?: 48 or more price reduced homes are listed for sale in Key Biscayne as of November 8, 2026, and the typical one has been on the market 167 days; 48 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 price reduced homes for sale?: Commodore Club South Cond (4, median $1,174,000), Commodore Club West (4, median $804,750), Biscayne Key Estates (3, median $5,378,000), Key Colony (3, median $1,890,000), Cape Florida Sub (2, median $21,195,000) and Island House Apt Inc - Co (2, median $2,360,000) hold the most price reduced homes for sale in Key Biscayne today. The rest are spread across 27 more communities.
What are the association fees on price reduced homes in Key Biscayne?: The median association fee on the condos in this search is $3,165 a month, from $150 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 price reduced homes houses or condos?: 10 of the 48 are single family houses and 34 are condos; the other 4 are townhomes, villas or multifamily, 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.

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