Condos for Sale in Key Colony, Key Biscayne

Key Colony on Key Biscayne is a predominantly residential, upscale island neighborhood with waterfront condos, single-family homes, and convenient beach access near Crandon Park and Bill Baggs Cape Florida State Park. It has a compact commercial core with restaurants and shops, is served by the Key Biscayne K-8 public school, and is connected to Miami via the Rickenbacker Causeway for commuting and regional services. Cost of living and property values are among the highest in the Miami area, and the island is subject to subtropical weather, hurricane risk, and coastal flooding considerations that affect insurance and preparedness.

As of 2025, Key Colony on Key Biscayne is among the most expensive neighborhoods in the Miami area, with condo and single-family home prices well above Miami‑Dade County and national averages. The island’s limited housing supply, beachfront location, and high demand drive housing costs, and rental rates are similarly elevated. Overall living expenses—especially housing, utilities, and insurance—are higher than county and U.S. averages.

The area has a tropical climate with hot, humid summers and warm, mild winters. The wet season runs June–October with frequent afternoon thunderstorms and the highest rainfall, while the dry season is November–April with lower humidity and milder conditions. Average highs range roughly 75–90°F (24–32°C) and lows about 60–75°F (16–24°C), moderated by sea breezes. Tropical storms and hurricanes are a seasonal risk during June–November, peaking in August–September.

Key Colony on Key Biscayne experiences lower reported crime rates than Miami‑Dade County overall and is considered a low-crime, residential area. The village maintains a municipal police department and many buildings have gated access or private security, supporting visible local enforcement. Most reported incidents are property crimes (e.g., vehicle break‑ins), so standard precautions like locking vehicles and securing valuables are recommended.