Key Biscayne, FL Real Estate

According to census data in the year 2000 there were 6,368 housing units in Key Biscayne. This represents a 11.3% growth from 5,724 in 1990.

Of those housing units, 6,368 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Key Biscayne is about 71%. Key Biscayne's vacancy rate, including seasonal lodging, is about 33.3%. Average household size is 2.47 people.

The majority of houses, apartments or condos in Key Biscayne were built after 1974.


Housing Size

Housing Units by Size
Studio Type1.30%
One Bedroom12.70%
Two Bedrooms50.80%
Three Bedrooms19.80%
Four Bedrooms12.30%
Five Bedrooms or more3.20%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.38
Median year structure was built1974
Median Value of occupied units$615,500
Median Price asked for vacant units$671,900

Rented Homes, Apartments and Condos

Average Household Size2.68
Median year structure was built1974
Median Monthly Rent asked for vacant units$1,955

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage11.50%
Home Equity Loan16.40%
Simple Mortgage46.20%
Debt Free25.90%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs25.9%