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.

Condos for Sale in Key Biscayne, FL

Search for Condo for Sale in Key Biscayne, Florida. Browse all of Mashvisor’s Condo listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 62 Condo listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
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%
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%
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%
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%
600 Grapetree Dr #11Bn Key Biscayne, FL Stunning penthouse with ocean views and Key Biscayne shoreline. Three bedrooms, 3 baths. 3...	3 beds \| 3 baths \| 3,711 sq.ft.	$3,750,000	Airbnb cash on cash: -0.27% Traditional cash on cash: -0.25% Airbnb Rental Income: $12732 Traditional Rental Income: $10486 Airbnb ROI: -0.27% Traditional ROI: -0.25%
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%
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%
151 Crandon Blvd #122 Key Biscayne, FL REMODELED LANAI 2/2 UNIT!! With a huge outdoor area (1000sqft), this rarely available Lana...	2 beds \| 2 baths \| 1,467 sq.ft.	$1,438,000	Airbnb cash on cash: -2.16% Traditional cash on cash: -0.89% Airbnb Rental Income: $2384 Traditional Rental Income: $3493 Airbnb ROI: -2.16% Traditional ROI: -0.89%
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%
881 Ocean Dr #20A Key Biscayne, FL Step into luxury with this spectacular water front 3-bedroom, 3-bath residence boasting 3,...	3 beds \| 3 baths \| 3,120 sq.ft.	$3,600,000	Airbnb cash on cash: 0.05% Traditional cash on cash: -0.8% Airbnb Rental Income: $12732 Traditional Rental Income: $7597 Airbnb ROI: 0.05% Traditional ROI: -0.8%
791 Crandon Blvd #603 Key Biscayne, FL Unique opportunity to own a custom-designed and remodeled 2,605 SF residence in The Ocean ...	2 beds \| 3 baths \| 2,605 sq.ft.	$3,595,000	Airbnb cash on cash: -5.97% Traditional cash on cash: -2.8% Airbnb Rental Income: $2384 Traditional Rental Income: $12347 Airbnb ROI: -5.97% Traditional ROI: -2.8%
445 Grand Bay Drive #Ph-1A Key Biscayne, FL High above the turquoise waters of Key Biscayne rises a penthouse that simply cannot be re...	5 beds \| 6 baths \| 8,435 sq.ft.	$18,900,000	Airbnb cash on cash: -1.62% Traditional cash on cash: -0.4% Airbnb Rental Income: $6461 Traditional Rental Income: $26485 Airbnb ROI: -1.62% Traditional ROI: -0.4%
350 Ocean Dr #701N Key Biscayne, FL Extensively renovated and move-in ready 4-bedroom, 5.5-bath corner beachfront residence at...	4 beds \| 6 baths \| 3,787 sq.ft.	$11,495,000	Airbnb cash on cash: -1.47% Traditional cash on cash: -0.07% Airbnb Rental Income: $13751 Traditional Rental Income: $26099 Airbnb ROI: -1.47% Traditional ROI: -0.07%
100 Ocean Lane Dr #301 Key Biscayne, FL Beautiful, totally remodeled corner unit in a private, quiet building featuring an open-ai...	2 beds \| 2 baths \| 1,242 sq.ft.	$785,000	Airbnb cash on cash: -1.08% Traditional cash on cash: 3.34% Airbnb Rental Income: $2384 Traditional Rental Income: $5033 Airbnb ROI: -1.08% Traditional ROI: 3.34%
100 Ocean Lane Dr #303 Key Biscayne, FL Experience the pinnacle of island living, a stunning coastal retreat nestled in the heart ...	1 beds \| 2 baths \| 870 sq.ft.	$505,000	Airbnb cash on cash: -1.07% Traditional cash on cash: 3.66% Airbnb Rental Income: $1990 Traditional Rental Income: $3706 Airbnb ROI: -1.07% Traditional ROI: 3.66%
430 Grand Bay Dr #307 Key Biscayne, FL Step off your private elevator into your own foyer and feel instantly at home. This update...	3 beds \| 4 baths \| 2,840 sq.ft.	$3,400,000	Airbnb cash on cash: 0.16% Traditional cash on cash: 2.3% Airbnb Rental Income: $12732 Traditional Rental Income: $17167 Airbnb ROI: 0.16% Traditional ROI: 2.3%
151 Crandon Blvd #345 Key Biscayne, FL Fully remodeled and thoughtfully reconfigured, this southwest corner residence combines ge...	3 beds \| 3 baths \| 2,330 sq.ft.	$2,499,000	Airbnb cash on cash: 1.06% Traditional cash on cash: 0.76% Airbnb Rental Income: $12732 Traditional Rental Income: $9718 Airbnb ROI: 1.06% Traditional ROI: 0.76%
201 Crandon Blvd #227 Key Biscayne, FL Renovated to perfection, this exceptional residence blends elegance and thoughtful design ...	2 beds \| 2 baths \| 1,531 sq.ft.	$1,599,000	Airbnb cash on cash: -1.67% Traditional cash on cash: 0.48% Airbnb Rental Income: $2384 Traditional Rental Income: $4988 Airbnb ROI: -1.67% Traditional ROI: 0.48%

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Condos for Sale in Key Biscayne, FL

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%

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%

1121 Crandon Blvd #F403

Key Biscayne, FL

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%

360 Ocean Dr #205S

Key Biscayne, FL

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

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

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%