Oceana Key Biscayne Homes for Sale

Oceana Key Biscayne Condo is a luxury waterfront, luxury community in Key Biscayne, Miami-Dade County, Florida. Properties are priced from $3,700,000 to $12,000,000. Pure Equity lists homes in Oceana Key Biscayne 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 Oceana Key Biscayne 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 7 Oceana Key Biscayne Key Biscayne homes for sale as of October 2026. The median asking price is $8.95M. Asking prices run from $3.5M to $17.9M.

That is 238% above the Key Biscayne median of $2.65M. On a per-foot basis, homes here ask about $2,316 per square foot, compared with $1,161 across Key Biscayne. So the median price buys roughly 3,850 square feet of living area.

Listings here have averaged 209 days on the market. That is slower than the Key Biscayne average of 130 days. Because of that, buyers often have more room to negotiate on price, repairs or closing costs.

Homes listed in Oceana Key Biscayne date from 2014, so they are about 12 years old.

Every one of these homes went up after Florida adopted its statewide building code in 2002. In practice, that usually means impact-rated openings and stronger roof attachment. A wind mitigation inspection documents those features, and Florida insurers must offer premium discounts for them.

Oceana Key Biscayne includes waterfront homes. Waterfront lots in South Florida often sit in FEMA special flood hazard areas, where lenders require flood insurance. Before you commit, look up the address on the FEMA Flood Map Service Center and ask the seller for an elevation certificate.

Oceana Key Biscayne has new construction. Builders usually require your agent to register you on the first visit, so bring your agent or call us before you walk in.

At a median near $8.95M, Oceana Key Biscayne sits in the luxury tier of Key Biscayne. Jumbo financing and proof of funds usually come up early in these negotiations.

Rentals in Oceana Key Biscayne have a median asking rent of $22,500 per month, across 9 active rental listings. For comparison, the Key Biscayne median is $8,500, so rents here run 165% higher.

For investors, those medians imply a gross yield near 3.0% a year. However, that figure comes before HOA dues, property tax, insurance and vacancy. Also check the association documents first, because many Florida HOAs cap leases or set minimum terms.

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

Here is what the median Oceana Key Biscayne price means in Florida closing terms. At $8.95M, a 20% down payment comes to about $1.79M, leaving a loan near $7.16M.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $25,060. Next, the intangible tax of 0.2% adds about $14,320. 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 $53,700 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.

Recent Oceana Key Biscayne listings show assignments to Key Biscayne K-8 (elementary), Ponce De Leon (middle) and Coral Gables (high). However, boundaries can change each year, so confirm the assignment for a specific address with Miami-Dade County Public Schools.