Is Key Biscayne, FL a good place to invest in rental property?

Key Biscayne, FL has a median modeled monthly cash flow of $-9,674 and a median cap rate of 1.1%, on a median sold price of $1,340,000. Prices changed +6.9% year over year.

What is the average cap rate in Key Biscayne, FL?

The median cap rate across recently sold homes in Key Biscayne, FL is 1.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Key Biscayne, FL?

The median sold price in Key Biscayne, FL is $1,340,000 (about $939 per square foot).

Investing in Key Biscayne, FL Real Estate

A data-driven snapshot of the Key Biscayne, FL rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$1,340,000Median sold price

$939Median $/sqft

1.1%Median cap rate

$-9,674Modeled cash flow / mo

+6.9%Appreciation YoY

80.9Months of supply

263Active listings

39Sold (last 12 mo)

What the Key Biscayne numbers say

In Key Biscayne, FL, the median home sold for $1,340,000 (about $939 per square foot), and the typical deal models out to a 1.1% cap rate with a median $-9,674 of monthly cash flow. Sold prices moved +6.9% over the past year. Inventory sits at about 80.9 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Florida markets to compare

See Key Biscayne cash-flowing listings

CashFlowRE ranks every for-sale home in Key Biscayne, FL by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Key Biscayne deals, or browse the national market data.