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What commercial property actually sold for in Key Biscayne

16 single-parcel commercial transactions recorded in Miami-Dade County between 2022–2026, straight from the property appraiser’s records — address, size, price and price per square foot. Not asking prices. What buyers paid.

$1,221Median $/SF
$1,332,500Median price
16Sales on record
2022–2026Period

Recent recorded sales

Most recent first. Building area is the appraiser’s figure; price per square foot is the recorded price divided by that area.

AddressTypeBldg SFYear Price$/SF
260 CRANDON BLVD C43
33149 · built 1981
Retail1,0442026$1.30M$1,250
260 CRANDON BLVD C41
33149 · built 1981
Retail1,0442026$1.09M$1,041
425 GRAND BAY DR
33149 · built 1997
Retail14,4632025$20.00M$1,382
650 CRANDON BLVD 16
33149 · built 1951
Retail1,7822025$2.30M$1,290
620 CRANDON BLVD 7
33149 · built 1951
Retail1,7882025$1.75M$978
260 CRANDON BLVD C13
33149 · built 1981
Retail1,0442025$1.38M$1,317
260 CRANDON BLVD C44
33149 · built 1981
Retail1,0392025$1.27M$1,222
260 CRANDON BLVD B7
33149 · built 1981
Retail8612025$1.10M$1,277
21 HARBOR DR
33149 · built 2017
Retail2,7522024$3.79M$1,376
600 CRANDON BLVD 2
33149 · built 1951
Retail2,4032024$2.15M$894
700 CRANDON BLVD
33149 · built 1965
Retail25,8392024$1.80M$69
971 CRANDON BLVD 17
33149 · built 1980
Retail5302024$607,500$1,146
971 CRANDON BLVD 16
33149 · built 1980
Retail6462024$570,000$882
260 CRANDON BLVD B6
33149 · built 1981
Retail8612023$1.05M$1,219
260 CRANDON BLVD E36
33149 · built 1981
Retail6542023$699,800$1,070
260 CRANDON BLVD C39
33149 · built 1981
Retail1,0442022$1.36M$1,302

Median $/SF by year

YearSalesMedian $/SF
20221$1,302
20232$1,145
20245$894
20256$1,284
20262$1,146

Thin years move a lot on a handful of transactions. Read the direction, not the decimal.

If you own commercial property in Key Biscayne

Retail product is what trades here — 16 of the 16 recorded sales (100%), at a median of $1,221 per foot.

Key Biscayne runs 202% above the Miami-Dade County median of $404/SF. That gap is not a verdict on any one building — it reflects what kind of product sits inside the city limits and how old it is — but it does mean a countywide average will understate what your parcel is likely to fetch.

Across the period on record, median pricing has risen about 19% — roughly $1,020/SF in the earlier years against $1,215/SF in the later ones. On 16 transactions that is a direction, not a forecast.

None of this is your number. What a specific building brings turns on what the leases say, who is in the space and for how long, the condition of the roof and the parking field, and whether the zoning permits something the current use does not.

Find out what yours would bring

First name and email. I’ll pull your parcel’s county record and send a supported range with the comparable sales behind it.

No obligation, and no listing agreement attached to it. If the answer is “hold,” I’ll tell you that.

Common questions

What is commercial property selling for in Key Biscayne?

Across 16 single-parcel commercial sales recorded between 2022–2026, the median was $1,221 per square foot of building area, and the median transaction price was $1,332,500. Per-foot pricing varies widely by product type: Retail $1,221/SF (16). Those are recorded county figures, not asking prices.

How many commercial properties have sold in Key Biscayne recently?

County records show 16 qualifying single-parcel commercial transactions from 2022–2026. Multi-parcel portfolio deals are excluded from that count because their prices are booked across several folios and cannot be attributed to one building.

What kind of commercial property trades most in Key Biscayne?

Retail accounts for 16 of the 16 recorded sales, at a median of $1,221 per square foot. It is effectively the only product type with a meaningful sample here.

Is a Key Biscayne median a fair estimate of my building's value?

Only as a starting point. Median $/SF across this market is $1,221, but the range between product types here runs from $1,221 to $1,221 per foot — and inside any one type, lease structure, remaining term, condition and zoning capacity move the number further. A broker opinion of value prices your specific parcel against the comps that genuinely apply to it.

Sold data in nearby Miami-Dade County markets

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County property appraiser records, public information. Single-parcel transactions only. Not an appraisal. How these figures are filtered →

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