$1,890,000
Active
$1,890,000
151 Crandon #540
Key Biscayne, FL 33149
2 bd2 ba1,532 sqft
The Emeraldbay @ Key Colo
Key Biscayne, FL
Investment Properties in Key Biscayne
Income-producing properties and rental investments in Key Biscayne, Florida. Browse active MLS listings and communities with List & Sell FL.
0
Communities
Key Biscayne
City
1%
Listing Fee
Active Listings
143 active listings
$11,750,000
Active
$11,750,000
110 Reef #10
Key Biscayne, FL 33149
7 bd5.5 ba5,074 sqft
Oceana Key Biscayne Condo
$1,690,000
Active
3d
$1,690,000
151 Crandon #310
Key Biscayne, FL 33149
2 bd2 ba1,882 sqft
The Emeraldbay @ Key Colo
$2,600,000
Active
3d
$2,600,000
200 Ocean Lane #401
Key Biscayne, FL 33149
3 bd3 ba2,412 sqft
Island House Apt Inc - Co
$1,225,000
Active
1d
$1,225,000
1121 Crandon #D903
Key Biscayne, FL 33149
2 bd2 ba1,409 sqft
Towers Of Key Biscayne Co
$2,470,000
Active
$2,470,000
881 Ocean #20E
Key Biscayne, FL 33149
2 bd2 ba1,875 sqft
Casa Del Mar Condo
$3,975,000
Active
1d
$3,975,000
781 Crandon #401
Key Biscayne, FL 33149
3 bd4.5 ba3,093 sqft
Club Tower Three Condo
$995,000
Active
$995,000
155 Ocean Lane #1002
Key Biscayne, FL 33149
1 bd1.5 ba895 sqft
Commodore Club West Condo
$629,000
Active
6d
$629,000
798 Crandon #55-B
Key Biscayne, FL 33149
1 bd1.5 ba776 sqft
Le Phare Key Biscayne Con
$5,490,000
Active
1d
$5,490,000
799 Crandon #202
Key Biscayne, FL 33149
4 bd5.5 ba3,581 sqft
Ocean Tower One Condo
$3,900,000
Active
2d
$3,900,000
430 Grand Bay #606
Key Biscayne, FL 33149
4 bd4 ba2,930 sqft
Grand Bay Tower Condo
$3,950,000
Active
8d
$3,950,000
445 Grand Bay #104
Key Biscayne, FL 33149
4 bd4.5 ba3,250 sqft
Grand Bay Residences Cond
$779,000
Active
5d
$779,000
101 Ocean Lane #209
Key Biscayne, FL 33149
2 bd2 ba1,450 sqft
Ocean Village Condo
$3,300,000
Active
5d
$3,300,000
548 Fernwood #548
Key Biscayne, FL 33149
4 bd3 ba2,448 sqft
544-548 Fernwood Condo
$4,500,000
Active
6d
$4,500,000
475 Woodcrest
Key Biscayne, FL 33149
4 bd3 ba2,689 sqft
Tropical Isle Homes Sub 1
$999,000
Active
15d
$999,000
155 Ocean Lane #413
Key Biscayne, FL 33149
2 bd2 ba1,260 sqft
Commodore Club West Condo
$1,890,000
Active
23d
$1,890,000
600 Grapetree #7FN
Key Biscayne, FL 33149
2 bd2 ba1,888 sqft
Mar-Azul Condo
$1,800,000
Active
9d
$1,800,000
151 Crandon #138
Key Biscayne, FL 33149
2 bd3 ba1,547 sqft
The Emeraldbay @ Key Colo
$890,000
Active
9d
$890,000
55 Ocean Lane #2028
Key Biscayne, FL 33149
2 bd2 ba1,450 sqft
Ocean Village Condo
$950,000
Active
25d
$950,000
210 Sea View #506
Key Biscayne, FL 33149
2 bd2 ba1,330 sqft
Cape Florida Club Condo P
$580,000
Active
23d
$580,000
240 Galen #110
Key Biscayne, FL 33149
2 bd2 ba1,100 sqft
Galen Drive Condo Apts
$2,650,000
Active
29d
$2,650,000
151 Crandon #1130
Key Biscayne, FL 33149
3 bd3 ba2,001 sqft
The Emeraldbay @ Key Colo
$5,600,000
Active
15d
$5,600,000
755 Curtiswood
Key Biscayne, FL 33149
5 bd5 ba3,197 sqft
Biscayne Key Estates
$799,000
Active
15d
$799,000
150 Ocean Lane #2H
Key Biscayne, FL 33149
2 bd2 ba1,335 sqft
Island Breakers Condo
Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data deemed reliable but not guaranteed. © 2026 Beaches MLS, Inc.
About Investment Properties in Key Biscayne
Investment Properties in Key Biscayne, FL
Investment Properties are a distinct slice of the Key Biscayne, County market. Investment and multi-family properties in Key Biscayne range from single-family rentals to two-, three-, and four-unit buildings across County. A two-to-four-unit property can be owner-occupied with one unit while the others help cover the payment, a strategy often called house-hacking.
Financing options go beyond a standard mortgage: FHA covers owner-occupied 2-to-4-unit buildings with a low down payment, and DSCR loans qualify on the property's rental income rather than your tax returns. Run the numbers on rent versus price, budget for insurance and maintenance, and understand Florida landlord basics before you buy.
Frequently Asked Questions
Investment Properties in Key Biscayne FAQ
How do I finance an investment property in Key Biscayne?+
Options include conventional investor loans, FHA for owner-occupied 2-to-4-unit buildings at a low down payment, and DSCR loans that qualify on rental income with no tax returns. The right one depends on whether you will live in a unit.
What is house-hacking a duplex or triplex in Key Biscayne?+
You live in one unit and rent the others, using the rental income to offset your mortgage. FHA financing at a low down payment makes owner-occupied 2-to-4-unit buildings a common path.
How do I evaluate a Key Biscayne rental's return?+
Compare the expected rent to the purchase price and operating costs to estimate the cap rate and cash flow. We can share rent comparables and recent sales for the specific building type.
Do I need a property manager for a County rental?+
Not necessarily, but many out-of-area owners use one. Factor management cost into your return if you will not self-manage.