Key Biscayne, FL Price Reductions
A price reduction is the clearest signal a seller sends: the first number did not work. This tracker lists every Key Biscayne listing that lowered its asking price, updated nightly from the live MLS record — the old price, the new price, the size of the cut and how long the home has been on the market — so buyers can see where sellers are moving and sellers can see what their competition just did.
11 homes for sale in Key Biscayne, FL cut their asking price in the last 7 days and 15 in the last 30, out of 136 active listings (11% reduced at least once this month). The median reduction is 2.4% ($80,000). The largest cut this week was $200,000 on 741 Harbor Dr in Biscayne Key Estates ($7,590,000 → $7,390,000).
Latest price reductions in Key Biscayne
| Listing | Community | Was | Now | Cut | DOM |
|---|---|---|---|---|---|
| 200 Ocean Lane Dr 501 Oct 8 · 4 bd · 4 ba · 1,880 sf | Island House Apt Inc - Co | $3,750,000 | $3,600,000 | −4.0% | 92 |
| 199 Ocean Lane Dr 1207 Oct 8 · 2 bd · 2 ba · 1,260 sf | Commodore Club South Cond | $1,395,000 | $1,295,000 | −7.2% | 62 |
| 151 Crandon Blvd 345 Oct 8 · 3 bd · 3 ba · 2,330 sf | The Emeraldbay @ Key Colo | $2,499,000 | $2,450,000 | −2.0% | 188 |
| 741 Harbor Dr Oct 7 · 6 bd · 7 ba · 4,043 sf | Biscayne Key Estates | $7,590,000 | $7,390,000 | −2.6% | 117 |
| 690 Warren Ln Oct 7 · 4 bd · 4 ba · 3,549 sf | Biscayne Key Estates | $5,478,000 | $5,378,000 | −1.8% | 159 |
| 199 Ocean Lane Dr 911 Oct 6 · 2 bd · 2 ba · 1,260 sf | Commodore Club South Cond | $1,149,000 | $1,059,000 | −7.8% | 123 |
| Address withheld Oct 6 · 1 bd · 2 ba · 895 sf | COMMODORE CLUB WEST Condo | $845,000 | $835,000 | −1.2% | 46 |
| 240 Galen Dr 214 Oct 5 · 1 bd · 2 ba · 725 sf | GALEN DRIVE Condo Apartments | $475,000 | $445,000 | −6.3% | 110 |
| 224 Sea View Dr 104 Oct 4 · 2 bd · 3 ba · 1,340 sf | CAPE FLORIDA CLUB Condo | $1,175,000 | $1,075,000 | −8.5% | 44 |
| 232 Sea View Dr 108 Oct 4 · 2 bd · 3 ba · 1,340 sf | CAPE FLORIDA CLUB Condo | $1,480,000 | $1,400,000 | −5.4% | 147 |
| 170 Ocean Lane Dr 310 Oct 4 · 2 bd · 2 ba · 1,335 sf | OCEAN LANE PLAZA Condo | $769,900 | $764,900 | −0.6% | 208 |
| 24 Grand Bay Estates Circle Sep 24 · 5 bd · 6 ba · 4,220 sf | Grand Key Estates | $4,950,000 | $4,899,000 | −1.0% | 193 |
| 797 Glenridge Rd Sep 19 · 5 bd · 5 ba · 3,535 sf | Biscayne Key Estates | $5,200,000 | $5,100,000 | −1.9% | 105 |
| 150 Ocean Lane Dr 2A Sep 19 · 2 bd · 2 ba · 1,370 sf | ISLAND BREAKERS Condo | $849,000 | $829,000 | −2.4% | 125 |
| 195 Sunrise Dr 7 Sep 19 · 1 bd · 1 ba · 790 sf | INDIES Condo | $529,000 | $519,000 | −1.9% | 23 |
Biggest cuts this week
| Listing | Community | Was | Now | Cut | DOM |
|---|---|---|---|---|---|
| 741 Harbor Dr Oct 7 · 6 bd · 7 ba · 4,043 sf | Biscayne Key Estates | $7,590,000 | $7,390,000 | −2.6% | 117 |
| 200 Ocean Lane Dr 501 Oct 8 · 4 bd · 4 ba · 1,880 sf | Island House Apt Inc - Co | $3,750,000 | $3,600,000 | −4.0% | 92 |
| 199 Ocean Lane Dr 1207 Oct 8 · 2 bd · 2 ba · 1,260 sf | Commodore Club South Cond | $1,395,000 | $1,295,000 | −7.2% | 62 |
| 224 Sea View Dr 104 Oct 4 · 2 bd · 3 ba · 1,340 sf | CAPE FLORIDA CLUB Condo | $1,175,000 | $1,075,000 | −8.5% | 44 |
| 690 Warren Ln Oct 7 · 4 bd · 4 ba · 3,549 sf | Biscayne Key Estates | $5,478,000 | $5,378,000 | −1.8% | 159 |
| 199 Ocean Lane Dr 911 Oct 6 · 2 bd · 2 ba · 1,260 sf | Commodore Club South Cond | $1,149,000 | $1,059,000 | −7.8% | 123 |
| 232 Sea View Dr 108 Oct 4 · 2 bd · 3 ba · 1,340 sf | CAPE FLORIDA CLUB Condo | $1,480,000 | $1,400,000 | −5.4% | 147 |
| 151 Crandon Blvd 345 Oct 8 · 3 bd · 3 ba · 2,330 sf | The Emeraldbay @ Key Colo | $2,499,000 | $2,450,000 | −2.0% | 188 |
| 240 Galen Dr 214 Oct 5 · 1 bd · 2 ba · 725 sf | GALEN DRIVE Condo Apartments | $475,000 | $445,000 | −6.3% | 110 |
| Address withheld Oct 6 · 1 bd · 2 ba · 895 sf | COMMODORE CLUB WEST Condo | $845,000 | $835,000 | −1.2% | 46 |
Communities with the most reductions (30 days)
| Community | City | Reductions | Median cut |
|---|---|---|---|
| Biscayne Key Estates | Key Biscayne | 3 | −1.9% |
| Commodore Club South Cond | Key Biscayne | 2 | −7.5% |
| CAPE FLORIDA CLUB Condo | Key Biscayne | 2 | −7.0% |
How to read this
Reductions are detected by comparing each listing’s asking price night over night in the MLS feed; a listing appears once per cut, and the share reduced counts each listing once. Relists at a new price under a new MLS number are not matched. Prices are asking prices. Source: live MLS feeds compiled by Momentum Research, updated October 8, 2026.