MEDIAN SALE PRICE
$3.01M
list-price basis
MEDIAN $/SF
$1,500
per sqft
ACTIVE INVENTORY
2
for sale
DAYS ON MARKET
57
median
MONTHS OF SUPPLY
—
MARKET PULSE
0.26
shown at Key Biscayne level
MEDIAN SALE PRICE OVER TIME
MARKET PULSE
tropical-isle-homes
BUYER'S ADVANTAGE
Shown at Key Biscayne level
MARKET SUMMARY · 12 MONTHS
| Median sale price | — | |
| Median $/SF | $1,500 | |
| Median days on market | 57 | |
| Total sales (12mo) | 1 | |
| New listings (12mo) | 2 | |
| Sold ÷ list price | 95.0% | |
| Sold below list | 100% | |
| Sale-to-just-value ALL HOMES COUNTY | — | 1.28× |
| Owner-occupied ALL HOMES COUNTY | — | 56.8% |
TIER HEALTH
Price-tier breakdown is published only for markets with 30+ active for-sale listings, so each tier's median clears the min-sample threshold (§2.2b · §7.4). This market reports at the summary level above.
WHAT LISTING SITES CAN'T SEE PUBLIC RECORDS · RECORDED DEEDStax-roll figures cover all homes · appreciation is condos and townhomes
56.8%
Owner-occupied (homestead) COUNTY
1.28×
Sale-to-just-value ratio COUNTY
37.8%
Homes sold, 10-yr COUNTY
-2.8%
Appreciation YTD · $/SF COUNTY CLOSED SALES
Appreciation YTD compares the median price per square foot of closed sales so far this year against the same period last year. Price per square foot rather than median price, because a median price moves with which homes sold — over this span South Beach ran +1.9% on median price but −4.3% per square foot. Effective tax rate: modeling in progress — the county roll carries no millage field, so we show “—” rather than an estimate.
CONDO BUILDINGS IN TROPICAL ISLE HOMES
Most active buildings by for-sale inventory · all condo buildings in Key Biscayne → · A–Z directory →
Monthly market report for Tropical Isle Homes → · Miami-Dade County market →
FREQUENTLY ASKED · TROPICAL ISLE HOMES
How much do condos and townhomes cost in Tropical Isle Homes?
The median list price in Tropical Isle Homes is $3,012,500 as of snapshot 2026-W45.
How many condos and townhomes are for sale in Tropical Isle Homes?
There are 2 active for-sale listings of condos and townhomes in Tropical Isle Homes as of snapshot 2026-W45, updated weekly.
How long do condos and townhomes take to sell in Tropical Isle Homes?
Condos and townhomes in Tropical Isle Homes spend a median of 57 days on market.
What is the price per square foot in Tropical Isle Homes?
The median list price per square foot in Tropical Isle Homes is $1,500.
What share of Tropical Isle Homes homes are owner-occupied?
About 56.8% of homes in surrounding Miami-Dade County are owner-occupied (homestead), per public property records — the county-level figure is shown because homestead data isn't published at the neighborhood level.
How often do homes sell in Tropical Isle Homes?
About 37.8% of homes in surrounding Miami-Dade County have changed hands over the past decade — roughly 3.8% per year — based on qualified arm's-length sales in public deed records. The county figure is shown because deed-level turnover isn't computed at the neighborhood level.
How long do homeowners typically own in Tropical Isle Homes?
Homeownership in Miami-Dade County skews long-term: only about 38% of homes had a qualified sale in the past decade, so roughly 62% of owners have held 10+ years, per public deed records.
Every figure above appears elsewhere on this page · snapshot 2026-W45.