Multi-family Homes in Key Biscayne, FL

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Top Reasons To Live In Key Biscayne, FL In 2024

Key Biscayne is located in Miami-Dade, Florida, with an estimated municipal population of 12,846 residents. All of the best foreclosed homes for sale in Key Biscayne are located in the following zip code areas on 33149. The estimated population per square kilometer (.62 miles) in Key Biscayne is 3,976.

Cost Of Living In Key Biscayne, FL

So, about how much do homes cost in Key Biscayne? The most recent median value of resident-owned homes in Key Biscayne is 1,229,333. An estimated 69.5 percent of households in Key Biscayne own their homes, with an average family size of 3.49. The median household income in Key Biscayne is 151,310, with63.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Key Biscayne, the median commute time of resident workers (in minutes) is 26.4. And last, but certainly not least, are you looking for homes to rent in Key Biscayne? If so, the average rent price paid by renters in Key Biscayne is 2,548, according to recent statistics.

Diversity And Demographics In Key Biscayne, Florida

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Key Biscayne, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Key Biscayne is 42.4, split between 47.9 percent male versus 52.1 female. The percentage of residents who report being married in Key Biscayne is 60.1, with an average family size of 3.49.

The percentage of residents who report their race in Key Biscayne is as follows:

White 96.6%
Black / African American 0%
Asian 0.3%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0.2%
Multi-racial 1.5%
Other 1.4%

Looking for family-friendly neighborhoods in and/or near Key Biscayne? Or maybe you are searching for 55+ active adult communities in and/or near Key Biscayne?

The percentage of residents who report their age in Key Biscayne is as follows:

Under 10 10.9%
Aged 10-19 19.1%
20s 8.5%
30s 6.9%
40s 18.6%
50s 12.7%
60s 10.5%
70s 8%
80+ 4.9%

Best Schools In Key Biscayne, Florida

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Key Biscayne with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Key Biscayne.

Pros And Cons Of Living In Key Biscayne, Florida

How do you know that living in -- or moving to -- Key Biscayne is right where you need to be? Perhaps you grew up in Key Biscayne or already live nearby; therefore, the decision to buy a home in Key Biscayne is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Key Biscayne for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Key Biscayne:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Key Biscayne.

Reasons To Move To Key Biscayne, Florida, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Key Biscayne can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Key Biscayne, meanwhile, can field multiple offers from more qualified buyers.

Key Biscayne, FL Multi-family Homes Foreclosures


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