Home Buying in Key Biscayne : Questions & Answers

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Irina Karan, Real Estate Pro in 33160
Irina Karan answered:
Where do you think the Florida Real State market is trending to_?
I'd say the properties under 400K are stabilizing in values - driven by the income limitations of prospective buyers. Luxury market is doing amazingly well. Pre-construction is especial ... more
0 votes Share Flag Mon Apr 28, 2014 Home Buying in 33149
Gary Hitchco…, Real Estate Pro in Parkland, FL
Gary Hitchcock answered:
I like to ask a question about key biscayne? First, can someone see parts of Miami Beach and the downtown skyline from key biscayne from the bay?
Absolutely, the downtown skyline is easily viewable from the causeway, Biscayne Bay, Virginia key, also you can see Coconut Grove and Coral Gables.
0 votes Share Flag Wed Apr 9, 2014 Home Buying in Key Biscayne
Gary Hitchco…, Real Estate Pro in Parkland, FL
Gary Hitchcock answered:
Can you say people who live right on key biscayne is a different type of crowd than people who are living on Miami beach / south beach?
Absolutely, my real estate attorney lives on Key Biscayne. Well to do families live in single family homes in Key Biscayne whereas the beach is condos. Key Biscayne is relatively free ... more
0 votes Share Flag Wed Apr 9, 2014 Home Buying in Key Biscayne
Ann Ryan, Real Estate Pro in 33178
Ann Ryan answered:
Are Key Biscayne Buyers asking their realtors for homes with better indoor air quality?
Juliana, I've seen many homes, and never had a single customer ask about indoor air quality, other than in the context of chinese drywall or visible mold. Indoor air quality is a signi ... more
0 votes Share Flag Tue Mar 19, 2013 Home Buying in Key Biscayne
Chad Prey -…, Real Estate Pro in Miami Beach, FL
Chad Prey - Insurance Broker answered:
How much should you budget for annual insurance costs on a house in Key Biscayne ?
I would also add that their are a number of mitigation credits that many insurance agents are not applying to their clients' policies. In addition, you can also obtain discounts by bund ... more
0 votes Share Flag Sat Mar 9, 2013 Home Buying in Key Biscayne
Mott Kornicki, Real Estate Pro in 33154
Mott Kornicki answered:
745 Crandon blvd was forsale at 1.29mm. Now it is REO and is offered at 1.65mm. This make sense to anyone?
Sure...

It makes good sense! There could be other loans on the unit in addition to the first mortgage, the appraised value could be far in excess of the mortgage balances combined... ... more
0 votes Share Flag Tue Apr 5, 2011 Home Buying in Key Biscayne
Linda Grey,…, Real Estate Pro in Port Orange, FL
Linda Grey, Realtor, e-Pro,SFR answered:
what do i go to to find a double wide trailer home to rent to own?
Just to let you know Key Biscayne is NOT an area that you will find trailers, it is a high priced island area in Miami.
0 votes Share Flag Sun Dec 19, 2010 Home Buying in Key Biscayne
Jill Olcott, Real Estate Pro in Miami Beach, FL
Jill Olcott answered:
What is better, buy a new house in a small lot, or a relative old house on a bigger lot in KB and then remodel ?
Hello JCG,
I live and work on Key Biscayne, and I can honestly say that it depends on the house, and your wants and needs. Feel free to contact me for a consultation.
Warm regards,
... more
0 votes Share Flag Tue Nov 16, 2010 Home Buying in Key Biscayne
Ivan, Real Estate Pro in Miami, FL
Ivan answered:
Is price/rent ratio threshold of 20 valid in Key Biscayne ?
No, no one really looks at that ratio for valuation purposes and there will hardly be a buyer that will be swayed by such an arguement. For residential everyone here looks at comparable ... more
0 votes Share Flag Mon Jul 26, 2010 Home Buying in Key Biscayne
Dan Chase, Home Buyer in Texas City, TX
Dan Chase answered:
where can i find a list of houses no more than $60,000?
If you want to work with an agent they can set up a search and send you properties every day if any exist in that price range.
1 vote Share Flag Tue Mar 16, 2010 Home Buying in Key Biscayne
Adrian Diaz-…, Real Estate Pro in 33181
Adrian Diaz-sieckel answered:
You spoke about the high end market in Miami Beach ,What about Key Biscayne Ocean Club and Grand Bay?
I think it is amazing that you could not get a front door key on a 6k rental... I used to work in that office managing close to 110 units before going out on my own. I also lived in Key ... more
0 votes Share Flag Tue Feb 9, 2010 Home Buying in 33149
Jmotrulia, Home Buyer in Miami, FL
Jmotrulia answered:
is it a good time to buy in key biscayne. My opinion is no! Should I rent ? I presently own a home at the Fal
ocean tower 3 by 3 sells for 1.18mm 799 crandon #306 sells for 453 per sq ft a recent low 733 crandon sold for 425 a sq ft (worse building)
0 votes Share Flag Tue Aug 18, 2009 Home Buying in 33149
Mohamia, Home Buyer in New Hampshire
Mohamia answered:
carrying costs for Key Biscayne home
2000 to 2500 square feet.
0 votes Share Flag Wed Jul 8, 2009 Home Buying in Key Biscayne
Audra McColl…, Real Estate Pro in Fisher Island, Miami...
Audra McCollum answered:
Should I wait to 2010 to buy a house in KB? It seems unrealistic that nobody wants to break the 1M price now
Hi Patial,

It seems like you're doing the right thing by watching the market closely. If you'd like me to email you market updates, let me know. I"ll be glad to send you listings w ... more
0 votes Share Flag Sat May 2, 2009 Home Buying in Key Biscayne
Stan Mikhals…, Real Estate Pro in 33160
Stan Mikhalsky answered:
median price for a condo 2/2 on Key Biscayne Fl in 2007?
I agree with previous posting. In general you would say that this area is expensive, however, as you see, some listings are as low as $315K. So it is really depends on what are you look ... more
0 votes Share Flag Sat Sep 15, 2007 Home Buying in Key Biscayne
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