Le Phare Key Biscayne Con Homes for Sale

Le Phare Key Biscayne Con is an age-restricted 55+ community in Key Biscayne, Miami-Dade County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $549,000 to $785,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Le Phare Key Biscayne Con and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Pure Equity Realty covers Le Phare Key Biscayne Con and the Key Biscayne area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows 2 Le Phare Key Biscayne Con Key Biscayne homes for sale as of October 2026. The median asking price is $664,000. Asking prices run from $629,000 to $699,000.

That is 73% below the Key Biscayne median of $2.49M. On a per-foot basis, homes here ask about $805 per square foot, compared with $1,151 across Key Biscayne. So the median price buys roughly 800 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 143 days on the market. That tracks the Key Biscayne average of 130 days, so pricing and terms follow the wider city market.

Homes listed in Le Phare Key Biscayne Con date from 1951, so they are about 75 years old.

All of these homes predate Florida's 2002 statewide building code. So roof age, window protection and the wind mitigation report matter a great deal for insurance.

In addition, most Florida insurers ask for a four-point inspection on homes 30 years or older. It covers the roof, electrical, plumbing and HVAC. Updated systems usually make coverage easier to place.

Rentals in Le Phare Key Biscayne Con have a median asking rent of $3,500 per month, across 4 active rental listings. For comparison, the Key Biscayne median is $7,900, so rents here run 56% lower.

You can browse current Key Biscayne rentals or ask us for a rent estimate on a specific Le Phare Key Biscayne Con home.

Here is what the median Le Phare Key Biscayne Con price means in Florida closing terms. At $664,000, a 20% down payment comes to about $133,000, leaving a loan near $531,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $1,859. Next, the intangible tax of 0.2% adds about $1,062. Buyers normally pay both at closing.

On the seller side, Miami-Dade charges deed stamps of 60 cents per $100 on a single-family home, about $3,984 at this price. Condos and other property types pay a higher rate.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.