Lake Tower Condo in Key Biscayne

Lake Tower
Condos for Sale in Key Biscayne, FL

All 84 homes for sale in Key Biscayne, FL · median $1,350,000 · 78 condos for sale in Key Biscayne · 134 homes for sale in 33149 · Miami-Dade County homes for sale

Community in Key Biscayne · Miami-Dade County · ZIP 33149
Median sale $2.70M
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True comps, carrying-cost math, and listings before the portals.

Photo via MIAMI MLS

Built fromLive MIAMI MLS data8 years of closingsUpdated twice daily

As of September 2026, Lake Tower Condo in Key Biscayne, FL has 1 home for sale. Over the 12 months ending 2026-09-12, 7 recorded sales closed at a median of $2,700,000, $929 per square foot, a median 127 days on market, sellers accepting 88% of original asking. At the median price and Miami-Dade County's FY2025-26 rate of 17.59 mills, annual property tax runs about $47,500 ($46,790 with the full homestead exemption).

Live · Lake Tower Condo Housing Pulse MIAMI MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$2.70M
Median sold · 12 mo
$929/sf
Sold $/sqft · 12 mo
peak $929 in 2026
88.4%
Sale vs ask
Miami-Dade median: 94.0%
Tempo
127days
Median DOM · closed
66 days at the 2022 low
0%
Under contract
Miami-Dade: 18% (3,290 of 18,399)
1 · 0
For sale · pending
live counts, refreshed twice daily
7
Sold · last 12 mo
10-yr average: about 3 a year
Track record · 8 years of records
2,602sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

The number that matters most here is the median days on market: just over six months. That is not a market moving on momentum, it is one moving on patience. At a median price of $2,500,000 and a price per square foot north of $922, this is a segment where sellers are pricing for a specific buyer and waiting for that buyer to show up, rather than competing for the next one in line.

For sellers, that means pricing has to be defensible from day one, because there is no crowd of backup offers forcing a decision. For buyers, the long DOM is leverage. Homes that sit in this range typically have room to negotiate on price, terms, or timeline, and a buyer who is prepared to move when the right unit appears is working from a position of strength, not urgency.

The 60-Second Overview

Lake Tower Condo market snapshot (as of September 12, 2026): the median sale price is about $2.70M ($929 per sq ft over the trailing 12 months of closed sales), and a median 127 days on market for closed sales.

In ZIP 33149 (Key Biscayne), 138 homes closed in the last 12 months at a median of $1.50M ($929/sq ft), up 17.4% year over year, with a median 81 days on market. Right now 63 active and 15 pending listings — a buyer's market. See the live ZIP 33149 housing market and the Miami-Dade County market.

MIAMI REALTORS sales records identify 15 homes in LAKE TOWER Condo that have changed hands since 2018, built between 2002 and 2002 (median 2002), with a median living area of about 2,632 sq ft and a typical 3-bedroom, 3-bath layout; 100% are condominiums. Source: MIAMI REALTORS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Lake Tower Condo trades in a high price-per-square-foot tier where months-long marketing times are typical, a sign that units here move on fit and condition rather than pace.

Best for

  • Buyers targeting a high-$900s-per-square-foot tier who are not in a rush to close
  • Sellers who can price at market and hold through a longer, roughly six-month-plus marketing period
  • Buyers who evaluate a unit on its own merits rather than an assumed amenities package

Probably not for

  • Buyers who need to close within a tight, short-term window
  • Sellers expecting a fast sale without room to negotiate on price or terms
  • Buyers assuming building amenities that current MLS data does not document

Windows contain 0 to 12 sales each (7 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2018 through 2026. Deemed reliable but not guaranteed.

Every sale since 2018 · price vs size
$0$1M$2M$3M2k3k
31 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Homes sold per 12-mo window
051020182020202220242026
0 to 12 a year; 7 in the current window.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Miami-Dade County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$3,172/mo
Miami-Dade County typical true cost to own
$158/mo
Miami-Dade County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

LAKE TOWER CONDO Market Scorecard

Thin data

LAKE TOWER CONDO is currently a thin data market. Limited supply, a median asking price of $2,799,000, and homes go under contract in about 19 days.

n/a
Months supply
$2,799,000
Median list
n/a
Median sold
$1063
Per sqft
19
Days on mkt
1/0/0
Active/Pend/Sold

Typical home value in the 33149 ZIP is $1,692,135, about 97.2% above the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Homes For Sale Right Now in Lake Tower Condo

Live MLS inventory for Lake Tower Condo. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Lake Tower Condo listings as of 2026-09-12, priced high to low. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2018 through 2026. Tap any home to ask about it.

If we were buying in Lake Tower Condo today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Lake Tower Condo.

Best Buy
Buyers and sellers comfortable operating on a multi-month timeline rather than a fast close.
Biggest Risk
A 192-day median hold means sellers need patience and realistic pricing from listing day one.
Sweet Spot
Move-in ready units priced in line with the building's price-per-square-foot data tend to draw the most serious attention.
Avoid If
Skip this community if you need a fast close or are relying on assumed building amenities not yet confirmed in MLS records.

A market that moves on fit, not speed

With a median days-on-market of roughly 192 days, Lake Tower Condo sits well outside the fast-turnover conversation. Listings here are priced for the buyer who wants this specific building and this specific price-per-square-foot tier, and that buyer does not always arrive quickly. Six recent closings in the tracked window confirm the segment is active, just not high-volume.

MLS data does not identify a distinct amenities package for the building at this time, which puts the weight of the value proposition on the unit itself: layout, floor, view, and condition. Buyers evaluating this community should treat the price-per-square-foot figure as the starting point for comparison and confirm building specifics directly rather than assume amenities beyond what is documented.

The location and the amenities are priced into every listing in Lake Tower Condo. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

A market with a 192-day median hold requires patience and pricing discipline on both sides of the transaction. We track how long comparable units have actually taken to close, not just what they listed for, so sellers price to move within a realistic window and buyers know when a long-sitting listing is a negotiating opportunity rather than a red flag.

Lake Tower Condo in 15 seconds.

Best forBuyers and sellers comfortable operating on a multi-month timeline rather than a fast close.
Biggest advantageLong days-on-market gives prepared buyers real room to negotiate on price and terms.
Biggest riskA 192-day median hold means sellers need patience and realistic pricing from listing day one.
Sweet spotMove-in ready units priced in line with the building's price-per-square-foot data tend to draw the most serious attention.
Avoid ifSkip this community if you need a fast close or are relying on assumed building amenities not yet confirmed in MLS records.

HOA, CDD & Fees

In short
  • HOA status not on record. Verify any dues before you offer
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Lake Tower Condo sales matched to your home.

What is your Lake Tower Condo home worth?

Get a no-obligation home value based on real comparable sales in Lake Tower Condo, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See all homes for sale in Key Biscayne →

Real comps, not an automated estimate.

Recently off market in LAKE TOWER CONDO

Homes in LAKE TOWER CONDO that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 1 on record.

Frequently Asked Questions

What is the median home price in Lake Tower Condo?
The median sale price in Lake Tower Condo was $2.70M over the 12 months ending September 12, 2026 (7 closed sales, MIAMI MLS).
How long do homes in Lake Tower Condo take to sell?
Homes that closed in the 12 months ending September 12, 2026 took a median 127 days on market (7 sales, MIAMI MLS).
Who is the best real estate agent for Lake Tower Condo?
The best agent for Lake Tower Condo is one who actively works Key Biscayne and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Lake Tower Condo.
How do I find a top Key Biscayne real estate agent who knows Lake Tower Condo?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Lake Tower Condo and the wider Key Biscayne area.
Can Momentum Realty connect me with an agent for Lake Tower Condo?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Lake Tower Condo purchase or sale - no call center and no pressure.
Buyers targeting a high-$900s-per-square-foot tier who are not in a rush to closeExcellent fit
Sellers who can price at market and hold through a longer, roughly six-month-plus marketing periodExcellent fit
Buyers who evaluate a unit on its own merits rather than an assumed amenities packageExcellent fit
Buyers who need to close within a tight, short-term windowProbably not
Sellers expecting a fast sale without room to negotiate on price or termsProbably not
Buyers assuming building amenities that current MLS data does not documentProbably not

Data sources & freshness

Live listingsMIAMI MLS, refreshed twice daily (last: September 12, 2026)
Community market statsMIAMI MLS closed sales, 12-month windows ending September 12, 2026
Under-contract sharesMIAMI MLS records, as of 2026-09-08
Historical depthClosed-sale records back to 2018 (31 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of MIAMI MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the MIAMI MLS member average and 8 days faster, and we’ll price yours against live local comps.

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CallFree valuation →
Thinking of selling in LAKE TOWER CONDO? 7 recorded closings; median 127 days on market (window ending 2026-09-12). See the Miami-Dade County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.

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