$2,100,000
Active
$2,100,000
201 Crandon #707
Key Biscayne, FL 33149
2 bd2 ba1,880 sqft
Key Colony No 1
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
138 active listings
$579,000
Active
$579,000
210 Sea View #207
Key Biscayne, FL 33149
1 bd1.5 ba875 sqft
Cape Florida Clib Condo P
$2,400,000
Active
$2,400,000
881 Ocean #16F
Key Biscayne, FL 33149
2 bd2 ba1,875 sqft
Casa Del Mar Condo
$1,495,000
Active
2d
$1,495,000
101 Crandon #265
Key Biscayne, FL 33149
2 bd2 ba1,790 sqft
Key Colony No 4 Condo
$2,250,000
Active
$2,250,000
737 Crandon #PH-1
Key Biscayne, FL 33149
2 bd2.5 ba2,060 sqft
Lake Villa Two Condo
$845,000
Active
1d
$845,000
155 Ocean Lane #906
Key Biscayne, FL 33149
2 bd1.5 ba895 sqft
Commodore Club West Condo
$2,300,000
Active
5d
$2,300,000
600 Grapetree #6BS
Key Biscayne, FL 33149
3 bd3 ba2,523 sqft
Mar Azul Condo
$2,100,000
Active
6d
$2,100,000
575 Crandon #801
Key Biscayne, FL 33149
3 bd2.5 ba2,450 sqft
Key Bisc Ambassador Condo
$1,770,000
Active
$1,770,000
613 Ocean #5D
Key Biscayne, FL 33149
2 bd2 ba1,496 sqft
Sands Of Key Biscayne Con
$2,799,000
Active
4d
$2,799,000
765 Crandon #603
Key Biscayne, FL 33149
3 bd3 ba2,632 sqft
Lake Tower Condo
$19,900,000
Active
7d
$19,900,000
520 Mashta
Key Biscayne, FL 33149
5 bd4 ba3,085 sqft
Mashta Island A Replat Of
$29,900,000
Active
$29,900,000
241 Cape Florida
Key Biscayne, FL 33149
8 bd8.5 ba9,159 sqft
Cape Florida Sub Sec 3
$1,100,000
Active
8d
$1,100,000
199 Ocean Lane #206
Key Biscayne, FL 33149
2 bd2 ba1,260 sqft
Commodore Club South Cond
$4,450,000
Active
1d
$4,450,000
201 Crandon #175
Key Biscayne, FL 33149
3 bd3 ba2,604 sqft
Key Colony No 1
$844,000
Active
$844,000
210 Sea View #409
Key Biscayne, FL 33149
2 bd2 ba1,330 sqft
Cape Florida Club Condo P
$1,395,000
Active
14d
$1,395,000
199 Ocean Lane #1207
Key Biscayne, FL 33149
2 bd2 ba1,260 sqft
Commodore Club South Cond
$2,850,000
Active
15d
$2,850,000
600 Grapetree #11DN
Key Biscayne, FL 33149
3 bd2 ba1,889 sqft
Mar-Azul Condo
$14,990,000
Active
$14,990,000
161 Cape Florida
Key Biscayne, FL 33149
4 bd4.5 ba6,661 sqft
Cape Florida Sub Sec 3
$1,599,900
Active
$1,599,900
201 Crandon #530
Key Biscayne, FL 33149
2 bd2 ba1,531 sqft
Key Colony No 1
$1,088,000
Active
$1,088,000
455 Grand Bay #717
Key Biscayne, FL 33149
1 ba532 sqft
G B Resort Condo Hotel
$3,595,000
Active
13d
$3,595,000
881 Ocean #7H
Key Biscayne, FL 33149
3 bd3 ba3,120 sqft
Casa Del Mar Condo
$1,400,000
Active
20d
$1,400,000
200 Ocean Lane #PB4
Key Biscayne, FL 33149
1 bd1 ba1,217 sqft
Island House Apt Inc - Co
$18,500,000
Active
23d
$18,500,000
631 Mashta
Key Biscayne, FL 33149
4 bd4.5 ba2,255 sqft
Mashta Island
$480,000
Active
2d
$480,000
251 Galen #302
Key Biscayne, FL 33149
1 bd1.5 ba854 sqft
Key Biscayne Vi 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.