Real Estate Investment Properties for Sale in Key Biscayne, FL

Looking for investment property in Key Biscayne, FL with high ROI ?

Explore a variety of short-term homes & houses in Key Biscayne, FL. Invest wisely with VRBO & Key Biscayne, FL Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Key Biscayne, FL

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
151 Crandon Blvd #320 Key Biscayne, FL This bright and well-designed 2-bedroom, 2-bath residence with a den/office offers a versa...	2 beds \| 2 baths \| 1,488 sq.ft.	$1,250,000	Airbnb cash on cash: -2.45% Traditional cash on cash: 0.3% Airbnb Rental Income: $2384 Traditional Rental Income: $4984 Airbnb ROI: -2.45% Traditional ROI: 0.3%
199 Ocean Lane Dr #201 Key Biscayne, FL Welcome to this exceptional 3-bedroom, 2.5-bath residence at Commodore Club South. This be...	3 beds \| 3 baths \| 1,930 sq.ft.	$2,150,000	Airbnb cash on cash: 2.08% Traditional cash on cash: 0.13% Airbnb Rental Income: $12732 Traditional Rental Income: $6522 Airbnb ROI: 2.08% Traditional ROI: 0.13%
798 Crandon Blvd #16-C Key Biscayne, FL REMODELED TWO STORY TOWNHOUSE LOCATED IN THE HEART OF KEY BISCAYNE, OFFERING 2 BEDROOMS, 2...	2 beds \| 2 baths \| 875 sq.ft.	$699,000	Airbnb cash on cash: -1.32% Traditional cash on cash: 2.82% Airbnb Rental Income: $2384 Traditional Rental Income: $4497 Airbnb ROI: -1.32% Traditional ROI: 2.82%
596 Fernwood Rd #B Key Biscayne, FL This spacious 3-bedroom, 3.5-bath residence offers 2,200 square feet of comfort and style....	3 beds \| 4 baths \| 1,650 sq.ft.	$2,795,000	Airbnb cash on cash: 2.47% Traditional cash on cash: 0.81% Airbnb Rental Income: $12732 Traditional Rental Income: $6118 Airbnb ROI: 2.47% Traditional ROI: 0.81%
155 Ocean Lane Dr #413 Key Biscayne, FL Beautifully remodeled 2-bedroom, 2-bath residence featuring a desirable open-concept kitch...	2 beds \| 2 baths \| 1,260 sq.ft.	$1,150,000	Airbnb cash on cash: -2.4% Traditional cash on cash: 1.5% Airbnb Rental Income: $2384 Traditional Rental Income: $5973 Airbnb ROI: -2.4% Traditional ROI: 1.5%
791 Crandon Blvd #302 Key Biscayne, FL Spacious 3BD/3BA residence offering 2,510 SF in the highly desirable Ocean Tower Two at Th...	3 beds \| 3 baths \| 2,510 sq.ft.	$3,340,000	Airbnb cash on cash: -0.27% Traditional cash on cash: -1.16% Airbnb Rental Income: $12732 Traditional Rental Income: $7678 Airbnb ROI: -0.27% Traditional ROI: -1.16%
55 Ocean Lane Dr #1031 Key Biscayne, FL Fully Renovated 3-Bedroom, 2-Bathroom Lanai Unit in Key Biscayne's Ocean Village This beau...	3 beds \| 2 baths \| 1,734 sq.ft.	$1,400,000	Airbnb cash on cash: 4.11% Traditional cash on cash: 1.4% Airbnb Rental Income: $12732 Traditional Rental Income: $6901 Airbnb ROI: 4.11% Traditional ROI: 1.4%
691 Ridgewood Rd Key Biscayne, FL Don't miss this unique opportunity to own a stunning oversized corner lot spanning 8,367SF...	4 beds \| 4 baths \| 3,403 sq.ft.	$3,800,000	Airbnb cash on cash: 1.51% Traditional cash on cash: 2.67% Airbnb Rental Income: $13751 Traditional Rental Income: $15346 Airbnb ROI: 1.51% Traditional ROI: 2.67%
119 Harbor Dr Key Biscayne, FL Rare opportunity to own a 7,500 SF lot on coveted Harbor Drive, one of Key Biscayne's most...	3 beds \| 2 baths \| 1,554 sq.ft.	$3,300,000	Airbnb cash on cash: 1.54% Traditional cash on cash: -0.3% Airbnb Rental Income: $12732 Traditional Rental Income: $4787 Airbnb ROI: 1.54% Traditional ROI: -0.3%
1121 Crandon Blvd #F403 Key Biscayne, FL Beautifully remodeled and spacious 2-bedroom, 2-bath residence offering 1,597 SF of comfor...	2 beds \| 2 baths \| 1,597 sq.ft.	$1,570,000	Airbnb cash on cash: -2.22% Traditional cash on cash: -0.69% Airbnb Rental Income: $2384 Traditional Rental Income: $4030 Airbnb ROI: -2.22% Traditional ROI: -0.69%
571 Glenridge Rd Key Biscayne, FL BRAND-NEW CONSTRUCTION HOME IN ONE OF KEY BISCAYNE'S MOST PRESTIGIOUS AND PRIVATE ENCLAVES...	5 beds \| 7 baths \| 3,768 sq.ft.	$7,490,000	Airbnb cash on cash: -0.62% Traditional cash on cash: 0.23% Airbnb Rental Income: $6461 Traditional Rental Income: $11061 Airbnb ROI: -0.62% Traditional ROI: 0.23%
360 Ocean Dr #205S Key Biscayne, FL Exceptional opportunity to live in Oceana, the pinnacle of luxury and exclusivity in Key B...	2 beds \| 4 baths \| 1,830 sq.ft.	$3,650,000	Airbnb cash on cash: -2.57% Traditional cash on cash: 0.5% Airbnb Rental Income: $2384 Traditional Rental Income: $12203 Airbnb ROI: -2.57% Traditional ROI: 0.5%
200 Ocean Lane Drive #409 Key Biscayne, FL Filled with exceptional natural light from 11 windows and doors, including both bathrooms,...	2 beds \| 2 baths \| 1,610 sq.ft.	$1,499,000	Airbnb cash on cash: -2.56% Traditional cash on cash: -0.25% Airbnb Rental Income: $2384 Traditional Rental Income: $5015 Airbnb ROI: -2.56% Traditional ROI: -0.25%
605 Ocean Dr #2L Key Biscayne, FL The SANDS at Key Biscayne, a beachfront boutique building in paradise. Only 2 units per fl...	3 beds \| 3 baths \| 1,772 sq.ft.	$2,490,000	Airbnb cash on cash: 1.27% Traditional cash on cash: 0.96% Airbnb Rental Income: $12732 Traditional Rental Income: $9705 Airbnb ROI: 1.27% Traditional ROI: 0.96%
1121 Crandon Blvd #E1203 Key Biscayne, FL Top floor penthouse unit that has been beautifully renovated. Split plan 2/2 with ocean vi...	2 beds \| 2 baths \| 1,409 sq.ft.	$1,350,000	Airbnb cash on cash: -2.09% Traditional cash on cash: 1.74% Airbnb Rental Income: $2384 Traditional Rental Income: $6599 Airbnb ROI: -2.09% Traditional ROI: 1.74%
737 Crandon Blvd #402 Key Biscayne, FL Just steps from the beach, enjoy luxury living in this stunning 3 Bedroom Lake Villa resid...	3 beds \| 3 baths \| 2,470 sq.ft.	$2,800,000	Airbnb cash on cash: 0.45% Traditional cash on cash: -0.67% Airbnb Rental Income: $12732 Traditional Rental Income: $7523 Airbnb ROI: 0.45% Traditional ROI: -0.67%
1111 Crandon Blvd #B506 Key Biscayne, FL SMACK ON THE OCEAN.lOOK AT THE EVER CHANGING TURQUOISE SEA,HEAR THE SOUND OF THE WAVES,WAK...	2 beds \| 2 baths \| 1,409 sq.ft.	$1,350,000	Airbnb cash on cash: -2.28% Traditional cash on cash: 1.63% Airbnb Rental Income: $2384 Traditional Rental Income: $6705 Airbnb ROI: -2.28% Traditional ROI: 1.63%
201 Crandon Blvd #643 Key Biscayne, FL Rarely available Direct Oceanfront 2 bedroom / 2 bath slope unit hits the market. This hig...	2 beds \| 2 baths \| 1,950 sq.ft.	$2,800,000	Airbnb cash on cash: -1.77% Traditional cash on cash: -0.1% Airbnb Rental Income: $2384 Traditional Rental Income: $6138 Airbnb ROI: -1.77% Traditional ROI: -0.1%
201 Crandon Blvd #932 Key Biscayne, FL Enjoy this high floor Tidemark unit in Key Colony in the exclusive paradise of Key Biscayn...	1 beds \| 2 baths \| 1,089 sq.ft.	$875,000	Airbnb cash on cash: -4.14% Traditional cash on cash: -1.14% Airbnb Rental Income: $1990 Traditional Rental Income: $3913 Airbnb ROI: -4.14% Traditional ROI: -1.14%
199 Ocean Lane Dr #911 Key Biscayne, FL Experience the best of Key Biscayne living in this beautifully renovated 2-bedroom, 2-bath...	2 beds \| 2 baths \| 1,260 sq.ft.	$1,149,000	Airbnb cash on cash: -1.71% Traditional cash on cash: 0.37% Airbnb Rental Income: $2384 Traditional Rental Income: $4028 Airbnb ROI: -1.71% Traditional ROI: 0.37%
738 Fernwood Rd Key Biscayne, FL Experience the island lifestyle in this charming 3-bedroom, 2-bathroom home in Key Biscayn...	3 beds \| 2 baths \| 1,312 sq.ft.	$2,875,000	Airbnb cash on cash: 1.77% Traditional cash on cash: 0.36% Airbnb Rental Income: $12732 Traditional Rental Income: $6664 Airbnb ROI: 1.77% Traditional ROI: 0.36%
210 Sea View Dr #207 Key Biscayne, FL Light filled and thoughtfully updated, this spacious residence offers abundant storage, on...	1 beds \| 2 baths \| 875 sq.ft.	$579,000	Airbnb cash on cash: -1.13% Traditional cash on cash: 2.73% Airbnb Rental Income: $1990 Traditional Rental Income: $3556 Airbnb ROI: -1.13% Traditional ROI: 2.73%
161 Cape Florida Drive Key Biscayne, FL Best-priced waterfront residence on Key Biscayne, offering an exceptional 100 feet of wate...	4 beds \| 6 baths \| 6,661 sq.ft.	$14,990,000	Airbnb cash on cash: -1.18% Traditional cash on cash: -0.49% Airbnb Rental Income: $13751 Traditional Rental Income: $20807 Airbnb ROI: -1.18% Traditional ROI: -0.49%
575 Crandon Blvd #801 Key Biscayne, FL Exceptional 2,500 SF corner residence in the heart of Key Biscayne, offering the space and...	3 beds \| 3 baths \| 2,450 sq.ft.	$2,100,000	Airbnb cash on cash: 2.54% Traditional cash on cash: 1.94% Airbnb Rental Income: $12732 Traditional Rental Income: $9247 Airbnb ROI: 2.54% Traditional ROI: 1.94%
425 Grapetree Dr #211 Key Biscayne, FL Rarely available fully renovated modern residence offering the feel of a private home in t...	2 beds \| 3 baths \| 1,404 sq.ft.	$1,745,000	Airbnb cash on cash: -0.93% Traditional cash on cash: 1.7% Airbnb Rental Income: $2384 Traditional Rental Income: $6066 Airbnb ROI: -0.93% Traditional ROI: 1.7%
201 Crandon Blvd #174 Key Biscayne, FL Exceptionally rare beachfront, standalone, townhouse in Key Colony, Key Biscayne. One of t...	4 beds \| 6 baths \| 3,254 sq.ft.	$5,100,000	Airbnb cash on cash: -0.23% Traditional cash on cash: -0.99% Airbnb Rental Income: $13751 Traditional Rental Income: $7688 Airbnb ROI: -0.23% Traditional ROI: -0.99%
785 Crandon Blvd #205/305 Key Biscayne, FL One of the rarest opportunities within Ocean Club Key Biscayne, this expansive renovated t...	4 beds \| 5 baths \| 4,200 sq.ft.	$6,900,000	Airbnb cash on cash: -0.95% Traditional cash on cash: -0.56% Airbnb Rental Income: $13751 Traditional Rental Income: $13722 Airbnb ROI: -0.95% Traditional ROI: -0.56%
785 Crandon Blvd #705/805 Key Biscayne, FL DIRECT OCEAN, BAY, SUNSET & MIAMI SKYLINE VIEWS from this rare two-level residence at The ...	4 beds \| 5 baths \| 4,200 sq.ft.	$5,450,000	Airbnb cash on cash: -1.41% Traditional cash on cash: 0.7% Airbnb Rental Income: $13751 Traditional Rental Income: $21928 Airbnb ROI: -1.41% Traditional ROI: 0.7%
255 Sunrise Dr #107 Key Biscayne, FL Beach, beach, beach!! Beautifully updated 1BD/1BA in sought-after Cay Polynesia only a few...	1 beds \| 1 baths \| 608 sq.ft.	$459,000	Airbnb cash on cash: -0.24% Traditional cash on cash: 3.38% Airbnb Rental Income: $1990 Traditional Rental Income: $3021 Airbnb ROI: -0.24% Traditional ROI: 3.38%
607 Ocean Dr #3K Key Biscayne, FL Welcome to Unit 3K at The Sands of Key Biscayne, a rare oversized 1,496 sq. ft. residence ...	2 beds \| 2 baths \| 1,496 sq.ft.	$1,590,000	Airbnb cash on cash: -1.09% Traditional cash on cash: 1.22% Airbnb Rental Income: $2384 Traditional Rental Income: $5205 Airbnb ROI: -1.09% Traditional ROI: 1.22%
101 Crandon Blvd #170 Key Biscayne, FL Rarely available and partially renovated in 2025 including new appliances, this 3 bedrooms...	3 beds \| 3 baths \| 1,720 sq.ft.	$1,540,000	Airbnb cash on cash: 3.69% Traditional cash on cash: 0.43% Airbnb Rental Income: $12732 Traditional Rental Income: $5760 Airbnb ROI: 3.69% Traditional ROI: 0.43%
155 Ocean Lane Dr #300 Key Biscayne, FL Rarely available corner unit at the Commodore Club West. This spacious and elegantly updat...	3 beds \| 2 baths \| 1,930 sq.ft.	$2,100,000	Airbnb cash on cash: 1.87% Traditional cash on cash: 0.85% Airbnb Rental Income: $12732 Traditional Rental Income: $8433 Airbnb ROI: 1.87% Traditional ROI: 0.85%
791 Crandon Blvd #303 Key Biscayne, FL PRICE ADJUSTMENT - BEST PRICED 3-BEDROOM IN OCEAN CLUB. PRIME, SOUTHEAST EXPOSURE offers a...	3 beds \| 4 baths \| 2,605 sq.ft.	$2,640,000	Airbnb cash on cash: 0% Traditional cash on cash: -0.08% Airbnb Rental Income: $12732 Traditional Rental Income: $10230 Airbnb ROI: 0% Traditional ROI: -0.08%
155 Ocean Lane Dr #302 Key Biscayne, FL Completely remodeled 1-Bedroom, 2-Bath residence at Commodore Club West. This stunning uni...	1 beds \| 2 baths \| 895 sq.ft.	$749,000	Airbnb cash on cash: -1.97% Traditional cash on cash: 1.8% Airbnb Rental Income: $1990 Traditional Rental Income: $4098 Airbnb ROI: -1.97% Traditional ROI: 1.8%
350 E Ocean Dr #301N Key Biscayne, FL Stunning Corner Residence at Oceana Key Biscayne Beautiful, light-filled 4-bedroom residen...	4 beds \| 7 baths \| 3,798 sq.ft.	$8,950,000	Airbnb cash on cash: -1.49% Traditional cash on cash: 0.7% Airbnb Rental Income: $13751 Traditional Rental Income: $29389 Airbnb ROI: -1.49% Traditional ROI: 0.7%
445 Ridgewood Rd Key Biscayne, FL Designed by Praxis Architecture, this pristine contemporary residence showcases a spacious...	5 beds \| 6 baths \| 3,688 sq.ft.	$6,685,000	Airbnb cash on cash: -1.02% Traditional cash on cash: 1.2% Airbnb Rental Income: $6461 Traditional Rental Income: $18951 Airbnb ROI: -1.02% Traditional ROI: 1.2%

Real Estate investment in Key-biscayne, FL

There are 83 properties for sale in the city of Key Biscayne . The median list price in Key Biscayne is $1,523,991 and the average price per square foot is $630. In October 2026, the average monthly cash on cash return in Key Biscayne is 1.00%. The average monthly rental income in Key Biscayne is $3,689.

Key-biscayne, FL Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 83 investment properties available for sale in Key-biscayne.

In 2026, the best neighborhood to buy investment property is Key Biscayne.

The ROI for Short-Term is higher than the Long-Term in Key-biscayne with average rental income of $2,384.

Your search for investment property begins and ends here

Investment Property for Sale in Key Biscayne, FL

151 Crandon Blvd #320

Key Biscayne, FL

2 beds | 2 baths | 1,488 sq.ft.

$1,250,000

Airbnb cash on cash: -2.45%

Traditional cash on cash: 0.3%

Airbnb Rental Income: $2384

Traditional Rental Income: $4984

Airbnb ROI: -2.45%

Traditional ROI: 0.3%

199 Ocean Lane Dr #201

Key Biscayne, FL

3 beds | 3 baths | 1,930 sq.ft.

$2,150,000

Airbnb cash on cash: 2.08%

Traditional cash on cash: 0.13%

Airbnb Rental Income: $12732

Traditional Rental Income: $6522

Airbnb ROI: 2.08%

Traditional ROI: 0.13%

798 Crandon Blvd #16-C

Key Biscayne, FL

2 beds | 2 baths | 875 sq.ft.

$699,000

Airbnb cash on cash: -1.32%

Traditional cash on cash: 2.82%

Airbnb Rental Income: $2384

Traditional Rental Income: $4497

Airbnb ROI: -1.32%

Traditional ROI: 2.82%

596 Fernwood Rd #B

Key Biscayne, FL

3 beds | 4 baths | 1,650 sq.ft.

$2,795,000

Airbnb cash on cash: 2.47%

Traditional cash on cash: 0.81%

Airbnb Rental Income: $12732

Traditional Rental Income: $6118

Airbnb ROI: 2.47%

Traditional ROI: 0.81%

155 Ocean Lane Dr #413

Key Biscayne, FL

2 beds | 2 baths | 1,260 sq.ft.

$1,150,000

Airbnb cash on cash: -2.4%

Traditional cash on cash: 1.5%

Airbnb Rental Income: $2384

Traditional Rental Income: $5973

Airbnb ROI: -2.4%

Traditional ROI: 1.5%

791 Crandon Blvd #302

Key Biscayne, FL

3 beds | 3 baths | 2,510 sq.ft.

$3,340,000

Airbnb cash on cash: -0.27%

Traditional cash on cash: -1.16%

Airbnb Rental Income: $12732

Traditional Rental Income: $7678

Airbnb ROI: -0.27%

Traditional ROI: -1.16%

55 Ocean Lane Dr #1031

Key Biscayne, FL

3 beds | 2 baths | 1,734 sq.ft.

$1,400,000

Airbnb cash on cash: 4.11%

Traditional cash on cash: 1.4%

Airbnb Rental Income: $12732

Traditional Rental Income: $6901

Airbnb ROI: 4.11%

Traditional ROI: 1.4%

691 Ridgewood Rd

Key Biscayne, FL

4 beds | 4 baths | 3,403 sq.ft.

$3,800,000

Airbnb cash on cash: 1.51%

Traditional cash on cash: 2.67%

Airbnb Rental Income: $13751

Traditional Rental Income: $15346

Airbnb ROI: 1.51%