30 Oct Key Biscayne Luxury Condos From $1 Million (2026)

Posted at 03:06h in Real Estate by markwp_user

Key Biscayne Luxury Condos From $1 Million (2026)

As of October 2026, at least 30 condominium and cooperative buildings and communities on the Miami-Dade County tax roll in the Village of Key Biscayne had residences listed at $1 million or more. They range from Island House, built in 1961, to Oceana Key Biscayne, built in 2014. Year built and residence counts come from Miami-Dade County Property Appraiser records; asking prices come from active, pending and under-contract MLS listings. Counts leave out beach cabanas, shops and other parcels the county records separately. Hotel condominium units at the Grand Bay resort are not included. One planned building, at 301 Ocean Drive, is listed separately below with its reported details and sources.

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How Inspections Work in Key Biscayne

Key Biscayne is in Miami-Dade County, where the county’s building recertification program applies (checked October 30, 2026). Condominium and cooperative buildings three stories or taller within three miles of the coastline need a recertification inspection at 25 years if built in 1998 or later. Those built from 1983 to 1997 were due by December 31, 2024, and buildings built in 1982 or earlier that have already had an initial recertification keep their established schedule. Inspections then repeat every 10 years, and reports are due within 90 days of the county’s notice. Florida’s statewide milestone inspection law (section 553.899, Florida Statutes) also applies. Each building page shows how the rules count for that building; confirm the schedule with the Village of Key Biscayne or the association.

Key Biscayne Condos on Crandon Boulevard

Building	Address	Built	Units	Price	1st inspection due
Ocean Tower One	799 Crandon Blvd	2002	111	$3.75M–$18.5M	25-yr local: 2027
Club Tower Two	785 Crandon Blvd	1998	100	~$5.95M	Past 25 yrs: every 10 yrs
Key Colony No. 1	201 Crandon Blvd	1978	282	$875K–$5.1M	Past 25 yrs: every 10 yrs
Club Tower Three	781 Crandon Blvd	1999	94	~$3.98M	Past 25 yrs: every 10 yrs
Ocean Tower Two	791 Crandon Blvd	2001	111	$2.64M–$3.55M	Past 25 yrs: every 10 yrs
Club Tower One	789 Crandon Blvd	1998	93	~$3.15M	Past 25 yrs: every 10 yrs
Towers of Key Biscayne	1111 and 1121 Crandon Blvd	1971–1972	528	$1.23M–$2.95M	Past 25 yrs: every 10 yrs
Lake Tower	765 Crandon Blvd	2001–2002	75	$2.8M–$2.85M	Past 25 yrs: every 10 yrs
Lake Villa Two	731–737 Crandon Blvd	1996	36	$2.25M–$2.8M	Past 25 yrs: every 10 yrs
The Emerald Bay at Key Colony	151 Crandon Blvd	1980	283	$1.25M–$2.65M	Past 25 yrs: every 10 yrs
Key Biscayne Ambassador	575 Crandon Blvd	1971–1975	89	$850K–$2.1M	Past 25 yrs: every 10 yrs
Resort Villa Two	711–719 Crandon Blvd	1997	46	~$1.95M	Past 25 yrs: every 10 yrs
Key Colony No. 2	251 Crandon Blvd	1979	311	~$1.9M	Past 25 yrs: every 10 yrs
Key Colony Condo No. 4	101–181 Crandon Blvd	1981	292	$970K–$1.89M	Past 25 yrs: every 10 yrs

Prices as of October 2026. "~" marks a single current listing. Inspection years are based on the county year built; the actual date is counted from the certificate of occupancy, so confirm it with the association.

Ocean Drive and Ocean Lane Drive

Building	Address	Built	Units	Price	1st inspection due
Oceana Key Biscayne	350 and 360 Ocean Dr	2014	153	$3.5M–$17.9M	25-yr local: 2039
Commodore Club South	199 Ocean Lane Dr	1974	180	$1.06M–$4.5M	Past 25 yrs: every 10 yrs
Commodore Club East	177 Ocean Lane Dr	1971	185	$852K–$4.45M	Past 25 yrs: every 10 yrs
Casa del Mar	881 Ocean Dr	1971	235	$2.4M–$3.75M	Past 25 yrs: every 10 yrs
Island House	200 Ocean Lane Dr	1961	120	$1.22M–$3.5M	Past 25 yrs: every 10 yrs
Sands of Key Biscayne	605–615 Ocean Dr	1969	120	~$2.2M	Past 25 yrs: every 10 yrs
Bahia Mar	650 Ocean Dr	1983	40	~$1.36M	Past 25 yrs: every 10 yrs
Commodore Club West	155 Ocean Lane Dr	1973	184	$724K–$1.29M	Past 25 yrs: every 10 yrs
Ocean Lane Plaza	170 Ocean Lane Dr	1981	89	$770K–$1.15M	Past 25 yrs: every 10 yrs

Grand Bay and Grapetree Drives

Building	Address	Built	Units	Price	1st inspection due
Grand Bay Residences	445 Grand Bay Dr	1996–1997	137	$2.52M–$18.9M	Past 25 yrs: every 10 yrs
Grand Bay Tower	430 Grand Bay Dr	1999	100	$3.4M–$6.9M	Past 25 yrs: every 10 yrs
Mar-Azul	600 Grapetree Dr	1974	130	$1.89M–$3.6M	Past 25 yrs: every 10 yrs

Townhouse-Style and Smaller Condos

These communities are made up of low-rise buildings. County records list their homes as condominium units, but Florida’s milestone inspection law and Miami-Dade County’s recertification program cover only buildings three stories or taller, so ask each association whether its buildings are covered.

Building	Address	Built	Units	Price	1st inspection due
Gardens of Key Biscayne Alhambra	101–259 E Enid Dr	1980	60	$1.69M–$2.6M	Past 25 yrs: every 10 yrs
Grapetree Townhouse	265, 350, 425 and 450 Grapetree Dr	1974–1975	70	~$1.58M	Past 25 yrs: every 10 yrs
Cape Florida Club (Phase 3)	218–240 Seaview Dr	1977	12	$1.18M–$1.4M	Past 25 yrs: every 10 yrs
Key Cassa	200, 202 and 204 Sunrise Dr	1965	12	$1.69M–$1.79M	Past 25 yrs: every 10 yrs

New Construction on Ocean Drive

This building is not yet on the county tax roll. Its residence count, height and timing come from news reports and can change; where reports disagree, the building page shows both.

Building	Address	Built	Units	Price	1st inspection due
The Planned Condo at 301 Ocean Drive	301 Ocean Dr	New	56	No listings	Not yet set

Frequently Asked Questions

Which Key Biscayne condo has the highest asking price on this list?

As of October 2026, the highest asking price among these buildings was at Grand Bay Residences, where prices run $2.52 million to $18.9 million.

When do Key Biscayne condo buildings need recertification?

Under Miami-Dade County’s program, coastal condo buildings three stories or taller need recertification at 25 years if built in 1998 or later; those built from 1983 to 1997 were due by December 31, 2024; older buildings that have already had an initial recertification keep their established schedule. All then repeat every 10 years.

More Miami-Dade and South Florida Condos

Reviewed by Mark Sandulli, Real Estate Salesperson licensed in Florida and Connecticut. Mark has completed the Florida 4-Hour Condominium Association Board Member Certification (Kaye Bender Rembaum, September 2026), covering milestone inspections, structural integrity reserve studies, association records and websites.

Last updated October 24, 2026. Building details come from county property records, public listings and government sources and are deemed reliable but not guaranteed. Prices are asking prices or estimates as of the date shown. Not legal, financial or engineering advice. Full disclaimer

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Mark Sandulli, Real Estate Salesperson, licensed in Connecticut (RES.0808170) and Florida (SL3216860). Dave Jones Realty LLC, 40 Center St, Prospect, CT 06712. Cell 954-839-7406 · mark@davejonesrealty.com

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