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

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
155 Ocean Lane Dr #1113 Key Biscayne, FL Direct beach access and gorgeous panoramic ocean & island views from this 2 BR unit that i...	2 beds \| 2 baths \| 1,260 sq.ft.	$1,199,000	Airbnb cash on cash: -1.57% Traditional cash on cash: 0.18% Airbnb Rental Income: $3221 Traditional Rental Income: $4449 Airbnb ROI: -1.57% Traditional ROI: 0.18%
92 W Mashta Dr Key Biscayne, FL Enjoy island living in this fully remodeled 4 beds, 3 baths home! Thoughtfully updated, th...	4 beds \| 3 baths \| 2,403 sq.ft.	$3,480,000	Airbnb cash on cash: -0.59% Traditional cash on cash: 0.08% Airbnb Rental Income: $5057 Traditional Rental Income: $6181 Airbnb ROI: -0.59% Traditional ROI: 0.08%
781 Crandon Blvd #306 Key Biscayne, FL Spacious 4-bedroom, 5-bath residence in the prestigious Ocean Club. Over 3,000 SF of thoug...	4 beds \| 5 baths \| 2,780 sq.ft.	$3,950,000	Airbnb cash on cash: -1.61% Traditional cash on cash: 0.66% Airbnb Rental Income: $5057 Traditional Rental Income: $12339 Airbnb ROI: -1.61% Traditional ROI: 0.66%
691 Ridgewood Rd Key Biscayne, FL Donât miss this unique opportunity to own a stunning oversized corner lot spanning 8,367...	4 beds \| 4 baths \| 3,403 sq.ft.	$3,895,000	Airbnb cash on cash: -0.56% Traditional cash on cash: 0.95% Airbnb Rental Income: $5057 Traditional Rental Income: $9455 Airbnb ROI: -0.56% Traditional ROI: 0.95%
121 Crandon Blvd #249 Key Biscayne, FL Renovated 1,790 sq ft condo in Botanica's Bromelia, Key Biscayne. This expansive unit feat...	2 beds \| 2 baths \| 1,790 sq.ft.	$1,149,000	Airbnb cash on cash: -2.33% Traditional cash on cash: 0.24% Airbnb Rental Income: $3221 Traditional Rental Income: $5232 Airbnb ROI: -2.33% Traditional ROI: 0.24%
765 Crandon Blvd #206 Key Biscayne, FL Located in one of Key Biscayneâs most prestigious buildings, this beautifully remodeled ...	3 beds \| 4 baths \| 2,477 sq.ft.	$2,699,000	Airbnb cash on cash: -1.1% Traditional cash on cash: -0.64% Airbnb Rental Income: $9295 Traditional Rental Income: $8701 Airbnb ROI: -1.1% Traditional ROI: -0.64%
609 Ocean Dr #8G Key Biscayne, FL Located in Key Biscayne's most sought after boutique beach building. The Sands is situated...	2 beds \| 2 baths \| 1,496 sq.ft.	$2,300,000	Airbnb cash on cash: -0.62% Traditional cash on cash: 0.81% Airbnb Rental Income: $3221 Traditional Rental Income: $5544 Airbnb ROI: -0.62% Traditional ROI: 0.81%
151 Crandon Blvd #206 Key Biscayne, FL Iconic Emerald Bay at Key Colony III! Resort-style oceanfront living on 40 lush acres in K...	2 beds \| 2 baths \| 1,547 sq.ft.	$1,250,000	Airbnb cash on cash: -1.73% Traditional cash on cash: 0.57% Airbnb Rental Income: $3221 Traditional Rental Income: $5169 Airbnb ROI: -1.73% Traditional ROI: 0.57%
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.	$3,100,000	Airbnb cash on cash: -2.14% Traditional cash on cash: -1.17% Airbnb Rental Income: $3221 Traditional Rental Income: $5283 Airbnb ROI: -2.14% Traditional ROI: -1.17%
350 Ocean Dr #406N Key Biscayne, FL A Spectacular Unit at the prestigious Oceana Key Biscayne with open views of the Ocean. To...	3 beds \| 5 baths \| 2,257 sq.ft.	$5,850,000	Airbnb cash on cash: -1.23% Traditional cash on cash: -1.35% Airbnb Rental Income: $9295 Traditional Rental Income: $6882 Airbnb ROI: -1.23% Traditional ROI: -1.35%
575 Crandon Blvd #808 Key Biscayne, FL Beautiful open sunny views from this Southern exposure 2 bedroom Condo, in one of the fin...	2 beds \| 2 baths \| 1,311 sq.ft.	$915,000	Airbnb cash on cash: -2.48% Traditional cash on cash: -0.48% Airbnb Rental Income: $3221 Traditional Rental Income: $4202 Airbnb ROI: -2.48% Traditional ROI: -0.48%
715 Crandon Blvd #PH-5 Key Biscayne, FL Bright and spacious 2BR, 2B PH apartment with great views of the lake, garden and sunsets ...	2 beds \| 2 baths \| 1,310 sq.ft.	$1,699,000	Airbnb cash on cash: -2.28% Traditional cash on cash: -0.85% Airbnb Rental Income: $3221 Traditional Rental Income: $4751 Airbnb ROI: -2.28% Traditional ROI: -0.85%
548 Fernwood Rd #548 Key Biscayne, FL This stunning property is ready to move in; fully furnished & beautifully designed for a r...	4 beds \| 3 baths \| 2,448 sq.ft.	$2,950,000	Airbnb cash on cash: -0.25% Traditional cash on cash: 0.29% Airbnb Rental Income: $5057 Traditional Rental Income: $5519 Airbnb ROI: -0.25% Traditional ROI: 0.29%
791 Allendale Rd Key Biscayne, FL Impeccably maintained 4-bedroom, 2Â½-bathroom home nestled on a peaceful, quiet street in ...	4 beds \| 3 baths \| 1,831 sq.ft.	$3,100,000	Airbnb cash on cash: -0.69% Traditional cash on cash: -0.36% Airbnb Rental Income: $5057 Traditional Rental Income: $4969 Airbnb ROI: -0.69% Traditional ROI: -0.36%
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: 0.69% Traditional cash on cash: -0.46% Airbnb Rental Income: $9295 Traditional Rental Income: $4482 Airbnb ROI: 0.69% Traditional ROI: -0.46%
475 Woodcrest Rd Key Biscayne, FL Welcome to your Key Biscayne oasisâwhere modern sophistication meets tropical elegance. ...	4 beds \| 3 baths \| 2,689 sq.ft.	$4,700,000	Airbnb cash on cash: -0.86% Traditional cash on cash: 1.3% Airbnb Rental Income: $5057 Traditional Rental Income: $13418 Airbnb ROI: -0.86% Traditional ROI: 1.3%
881 Ocean Dr #18F Key Biscayne, FL INCREDIBLE UNIT! KEY BISCAYNE'S EXCLUSIVE CASA DEL MAR CONDO. THIS UNIT FEATURES SPACIOUS ...	2 beds \| 2 baths \| 1,875 sq.ft.	$2,250,000	Airbnb cash on cash: -1.93% Traditional cash on cash: -0.98% Airbnb Rental Income: $3221 Traditional Rental Income: $4496 Airbnb ROI: -1.93% Traditional ROI: -0.98%
350 Ocean Dr #205N Key Biscayne, FL The epitome of luxury living is found in this beachfront residence at renown Oceana Key Bi...	2 beds \| 3 baths \| 1,830 sq.ft.	$3,100,000	Airbnb cash on cash: -2.36% Traditional cash on cash: 3.12% Airbnb Rental Income: $3221 Traditional Rental Income: $18245 Airbnb ROI: -2.36% Traditional ROI: 3.12%
199 Ocean Lane Dr #611 Key Biscayne, FL Welcome to the Village of Key Biscayne, where coastal living thrives in the Commodore Club...	2 beds \| 2 baths \| 1,260 sq.ft.	$1,140,000	Airbnb cash on cash: -0.57% Traditional cash on cash: 0.81% Airbnb Rental Income: $3221 Traditional Rental Income: $3954 Airbnb ROI: -0.57% Traditional ROI: 0.81%
161 Cape Florida Dr Key Biscayne, FL Experience luxury living at its finest in this stunning Key Biscayne waterfront home!. Rec...	4 beds \| 5 baths \| 6,661 sq.ft.	$15,790,000	Airbnb cash on cash: -1.54% Traditional cash on cash: -1.31% Airbnb Rental Income: $5057 Traditional Rental Income: $7421 Airbnb ROI: -1.54% Traditional ROI: -1.31%
101 Ocean Lane Dr #1017 Key Biscayne, FL Seize the opportunity to transform a spacious 3 Bedroom 2 Baths corner unit garden apt. in...	3 beds \| 2 baths \| 1,734 sq.ft.	$1,195,000	Airbnb cash on cash: 1.04% Traditional cash on cash: -1.84% Airbnb Rental Income: $9295 Traditional Rental Income: $4356 Airbnb ROI: 1.04% Traditional ROI: -1.84%
727 Crandon Blvd #401 Key Biscayne, FL Welcome to Unit 401, a prestigious offering within Lake Villa One at The Ocean Club. This ...	3 beds \| 3 baths \| 2,667 sq.ft.	$2,870,000	Airbnb cash on cash: 0.59% Traditional cash on cash: -0.3% Airbnb Rental Income: $9295 Traditional Rental Income: $5182 Airbnb ROI: 0.59% Traditional ROI: -0.3%
1121 Crandon Blvd #F201 Key Biscayne, FL Spaciously designed corner Estoril floor plan 2/2 elegant apartment. Enjoy 1,782 ample squ...	2 beds \| 2 baths \| 1,782 sq.ft.	$1,375,000	Airbnb cash on cash: -2.28% Traditional cash on cash: -0.96% Airbnb Rental Income: $3221 Traditional Rental Income: $4192 Airbnb ROI: -2.28% Traditional ROI: -0.96%
201 Buttonwood Dr Key Biscayne, FL Luxurious coastal living in the exclusive island community of Key Biscayne, Miami. Designe...	5 beds \| 7 baths \| 3,791 sq.ft.	$5,999,000	Airbnb cash on cash: -1.23% Traditional cash on cash: 0.36% Airbnb Rental Income: $5848 Traditional Rental Income: $13519 Airbnb ROI: -1.23% Traditional ROI: 0.36%
781 Crandon Blvd #406 Key Biscayne, FL BRIGHT & LIGHT CORNER RESIDENCE LOCATED AT THE EXCLUSIVE ENCLAVE OCEAN CLUB IN THE ULTRA S...	4 beds \| 6 baths \| 3,030 sq.ft.	$3,950,000	Airbnb cash on cash: -1.54% Traditional cash on cash: 1.01% Airbnb Rental Income: $5057 Traditional Rental Income: $13357 Airbnb ROI: -1.54% Traditional ROI: 1.01%
1121 Crandon Blvd #E803 Key Biscayne, FL Live the dream at The Towers of Key Biscayne! This 2BR/2BA, 1,409 sqft condo offers breath...	2 beds \| 2 baths \| 1,409 sq.ft.	$1,090,000	Airbnb cash on cash: -1.1% Traditional cash on cash: 0.51% Airbnb Rental Income: $3221 Traditional Rental Income: $4133 Airbnb ROI: -1.1% Traditional ROI: 0.51%
765 Crandon Blvd #305 Key Biscayne, FL Spacious 3 Bedroom, 3 Bath Unit With A Floor Thru Design Offering Both North & South Expos...	3 beds \| 3 baths \| 2,602 sq.ft.	$2,450,000	Airbnb cash on cash: -0.96% Traditional cash on cash: -1.93% Airbnb Rental Income: $9295 Traditional Rental Income: $5346 Airbnb ROI: -0.96% Traditional ROI: -1.93%
202 Sunrise Dr #202A Key Biscayne, FL KEY CASSA redefines modern luxury in the heart of Key Biscayne. This 4BD/4BA residence is ...	4 beds \| 4 baths \| 1,750 sq.ft.	$2,500,000	Airbnb cash on cash: -0.16% Traditional cash on cash: 1.25% Airbnb Rental Income: $5057 Traditional Rental Income: $7287 Airbnb ROI: -0.16% Traditional ROI: 1.25%
1121 Crandon Blvd #D604 Key Biscayne, FL Unique and spacious 6th floor 2/2 unit with breathtaking sunset views. Washer and dryer in...	2 beds \| 2 baths \| 1,409 sq.ft.	$1,150,000	Airbnb cash on cash: -1.64% Traditional cash on cash: -0.41% Airbnb Rental Income: $3221 Traditional Rental Income: $3810 Airbnb ROI: -1.64% Traditional ROI: -0.41%
251 Crandon Blvd #237 Key Biscayne, FL Experience luxurious island living at Key Colony, Key Biscayne. This exclusive community o...	2 beds \| 2 baths \| 1,532 sq.ft.	$1,200,000	Airbnb cash on cash: -0.9% Traditional cash on cash: 0.65% Airbnb Rental Income: $3221 Traditional Rental Income: $4227 Airbnb ROI: -0.9% Traditional ROI: 0.65%
250 Greenwood Drive Key Biscayne, FL Nestled in the serene and exclusive community of Key Biscayne, this delightful and very ch...	5 beds \| 5 baths \| 3,297 sq.ft.	$3,625,000	Airbnb cash on cash: -0.07% Traditional cash on cash: 0.83% Airbnb Rental Income: $5848 Traditional Rental Income: $7709 Airbnb ROI: -0.07% Traditional ROI: 0.83%
201 Crandon Blvd #174 Key Biscayne, FL Exceptionally rare beachfront, standalone, townhouse in Key Colony, Key Biscayne. One of t...	4 beds \| 7 baths \| 3,254 sq.ft.	$5,200,000	Airbnb cash on cash: -1.75% Traditional cash on cash: -0.99% Airbnb Rental Income: $5057 Traditional Rental Income: $7688 Airbnb ROI: -1.75% Traditional ROI: -0.99%
150 Sunrise Dr #4B Key Biscayne, FL Rare opportunity in one of Key Biscayneâs best-kept secrets! 150 Sunrise is a boutique 1...	2 beds \| 2 baths \| 1,139 sq.ft.	$1,090,000	Airbnb cash on cash: -0.28% Traditional cash on cash: 0.29% Airbnb Rental Income: $3221 Traditional Rental Income: $3078 Airbnb ROI: -0.28% Traditional ROI: 0.29%
251 Galen Dr #204E Key Biscayne, FL Corner unit with updated bathrooms, ceramic floors with new kitchen cabinets & new wood fl...	2 beds \| 2 baths \| 1,109 sq.ft.	$550,000	Airbnb cash on cash: 1.18% Traditional cash on cash: 2.57% Airbnb Rental Income: $3221 Traditional Rental Income: $3212 Airbnb ROI: 1.18% Traditional ROI: 2.57%
361 W Heather Dr Key Biscayne, FL Discover this beautiful residence in the heart of Key Biscayne, where modern elegance meet...	4 beds \| 3 baths \| 1,570 sq.ft.	$2,699,000	Airbnb cash on cash: -0.47% Traditional cash on cash: -0.23% Airbnb Rental Income: $5057 Traditional Rental Income: $4626 Airbnb ROI: -0.47% Traditional ROI: -0.23%
250 Buttonwood Drive Key Biscayne, FL This spectacular, one-of-a-kind residence on Buttonwood Drive sits on a prime corner, boas...	5 beds \| 6 baths \| 4,618 sq.ft.	$7,150,000	Airbnb cash on cash: -0.84% Traditional cash on cash: -0.27% Airbnb Rental Income: $5848 Traditional Rental Income: $8432 Airbnb ROI: -0.84% Traditional ROI: -0.27%
210 Sea View Dr #409 Key Biscayne, FL Rarely available, this bright and spacious 2-bedroom, 2-bathroom apartment with an additio...	2 beds \| 2 baths \| 1,330 sq.ft.	$835,000	Airbnb cash on cash: 0.32% Traditional cash on cash: 1.28% Airbnb Rental Income: $3221 Traditional Rental Income: $3241 Airbnb ROI: 0.32% Traditional ROI: 1.28%
269 Cranwood Dr Key Biscayne, FL Nestled in one of the island's most desirable streets, this rambling ranch-style home blen...	5 beds \| 4 baths \| 2,821 sq.ft.	$3,990,000	Airbnb cash on cash: -0.04% Traditional cash on cash: 1.09% Airbnb Rental Income: $5848 Traditional Rental Income: $8875 Airbnb ROI: -0.04% Traditional ROI: 1.09%
155 Ocean Lane Dr #706 Key Biscayne, FL LOVELY UNOBSTRUCTED VIEWS of downtown Miami skyline, Biscayne Bay, Crandon Park, Port of M...	1 beds \| 2 baths \| 895 sq.ft.	$681,993	Airbnb cash on cash: -0.02% Traditional cash on cash: 1.61% Airbnb Rental Income: $3063 Traditional Rental Income: $3403 Airbnb ROI: -0.02% Traditional ROI: 1.61%
785 Crandon Blvd #205/305 Key Biscayne, FL A rare find! This 4,200 SF two-level residence at the Ocean Club combines the space of a h...	4 beds \| 5 baths \| 4,200 sq.ft.	$4,150,000	Airbnb cash on cash: -3.58% Traditional cash on cash: -1.06% Airbnb Rental Income: $5057 Traditional Rental Income: $13722 Airbnb ROI: -3.58% Traditional ROI: -1.06%

Real Estate investment in Key-biscayne, FL

There are 78 properties for sale in the city of Key Biscayne . The median list price in Key Biscayne is $2,375,000 and the average price per square foot is $1,141. In September 2025, the average monthly cash on cash return in Key Biscayne is N/A%. The average monthly rental income in Key Biscayne is $5,176.

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

There are 78 investment properties available for sale in Key-biscayne.

In 2025, 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 $5,057.

Your search for investment property begins and ends here

Investment Property for Sale in Key Biscayne, FL

155 Ocean Lane Dr #1113

Key Biscayne, FL

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

$1,199,000

Airbnb cash on cash: -1.57%

Traditional cash on cash: 0.18%

Airbnb Rental Income: $3221

Traditional Rental Income: $4449

Airbnb ROI: -1.57%

Traditional ROI: 0.18%

92 W Mashta Dr

Key Biscayne, FL

4 beds | 3 baths | 2,403 sq.ft.

$3,480,000

Airbnb cash on cash: -0.59%

Traditional cash on cash: 0.08%

Airbnb Rental Income: $5057

Traditional Rental Income: $6181

Airbnb ROI: -0.59%

Traditional ROI: 0.08%

781 Crandon Blvd #306

Key Biscayne, FL

4 beds | 5 baths | 2,780 sq.ft.

$3,950,000

Airbnb cash on cash: -1.61%

Traditional cash on cash: 0.66%

Airbnb Rental Income: $5057

Traditional Rental Income: $12339

Airbnb ROI: -1.61%

Traditional ROI: 0.66%

691 Ridgewood Rd

Key Biscayne, FL

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

$3,895,000

Airbnb cash on cash: -0.56%

Traditional cash on cash: 0.95%

Airbnb Rental Income: $5057

Traditional Rental Income: $9455

Airbnb ROI: -0.56%

Traditional ROI: 0.95%

121 Crandon Blvd #249

Key Biscayne, FL

2 beds | 2 baths | 1,790 sq.ft.

$1,149,000

Airbnb cash on cash: -2.33%

Traditional cash on cash: 0.24%

Airbnb Rental Income: $3221

Traditional Rental Income: $5232

Airbnb ROI: -2.33%

Traditional ROI: 0.24%

765 Crandon Blvd #206

Key Biscayne, FL

3 beds | 4 baths | 2,477 sq.ft.

$2,699,000

Airbnb cash on cash: -1.1%

Traditional cash on cash: -0.64%

Airbnb Rental Income: $9295

Traditional Rental Income: $8701

Airbnb ROI: -1.1%

Traditional ROI: -0.64%

609 Ocean Dr #8G

Key Biscayne, FL

2 beds | 2 baths | 1,496 sq.ft.

$2,300,000

Airbnb cash on cash: -0.62%

Traditional cash on cash: 0.81%

Airbnb Rental Income: $3221

Traditional Rental Income: $5544

Airbnb ROI: -0.62%

Traditional ROI: 0.81%

151 Crandon Blvd #206

Key Biscayne, FL

2 beds | 2 baths | 1,547 sq.ft.

$1,250,000

Airbnb cash on cash: -1.73%

Traditional cash on cash: 0.57%

Airbnb Rental Income: $3221

Traditional Rental Income: $5169

Airbnb ROI: -1.73%