The Key Biscayne Standard

Market · September 23, 2025

Key Biscayne’s $5M–$7M Stalemate: When the Music Stops, Who’s Left Holding the Bag? (Non-Waterfront Homes)

If you want a case study in market hubris, just pull up the MLS for Key Biscayne single-family homes built after 2013 especially in that sweet spot (read: purgatory) $5 million plus segment. Spoiler alert: they’re not moving. Not in a week, not in a month, not in… well, let’s just say some of these listings are developing their own birthdays. Here’s the backstory.