Market report, updated November 6, 2026
Tropical Isle Homes Sub 1 Home Values and Market Report
Search in the subdivision of Tropical Isle Homes Sub 1
Report prepared by
Savenowrealty.com
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Market at a glance
Over the last 12 months, homes sold for 94.8% of list price in 97 days on average.
Average price, last 12 months What sellers asked vs. what homes actually sold for, by closing month.
List · $6.68M
Sold · $6.4M
$6.9M $5.6M $4.3M $3M
Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
Homes sold per month Closed sales, last 12 months.
0
N
0
D
0
J
0
F
0
M
1
A
0
M
0
J
0
J
0
A
0
S
1
O
Where the market stands All homes in this report, by status.
Active2 · 50%
Sold (12 mo)2 · 50%
Buyer's or seller's market? Months it would take to sell every active home at the pace of the last 6 months.
12.0 months of inventory
Seller's, under 4 Balanced Buyer's, over 6
Average price by status
Average days on market
Active 85 days
Sold 97 days
Browse homes by status
Choose a status to see its numbers, charts and listings.
Active
2
$4,095,000 avg. list
85 days avg.
Sold
2
$4,700,000 avg. sold
97 days avg.
Active homes
Currently for sale
Homes for sale
2
Average list price
$4,095,000
Avg. days on market
85 days
Avg. price per ft²
$1,519
Avg. living area
2,694 ft²
Avg. beds / baths
4.5 / 3.5
Price vs. living area Each dot is a home. Hover a dot for its address, click it to see the home.
$6M $4M $2M $0
Price vs. living area: 2 homes plotted, up to $6M and 3,000 ft².
0 ft² 1,000 2,000 3,000 ft²
How long homes have been listed Number of homes by days on market.
0
0–30 days
1
31–90
1
91–180
0
181–365
0
365+
Bedroom mix Number of homes by bedroom count.
0
≤3 bd
1
4 bd
1
5 bd
0
6 bd
0
7 bd
0
8+ bd
Highest price per ft² Top 2 homes in this status.
475 Woodcrest Road $1,673
524 Warren Lane $1,366
Every home in this list is on the map.
Click a marker for the home.
Address Beds Baths Living ft² List price $ / ft² Days on market
475 Woodcrest Road Key Biscayne, FL 33149
4 3 2,689 $4,500,000 $1,673 50 days
524 Warren Lane Key Biscayne, FL 33149
5 4 2,700 $3,690,000 $1,366 120 days
Sold homes
Closed in the last 12 months
Homes sold
2
Average sold price
$4,700,000
Avg. days to sell
97 days
Sold vs. list price
94.8%
Avg. price per ft²
$1,374
Avg. living area
3,323 ft²
Price vs. living area Each dot is a home. Hover a dot for its address, click it to see the home.
$9M $6M $3M $0
Price vs. living area: 2 homes plotted, up to $9M and 6,000 ft².
0 ft² 2,000 4,000 6,000 ft²
How long homes took to sell Number of homes by days on market.
1
0–30 days
0
31–90
1
91–180
0
181–365
0
365+
Bedroom mix Number of homes by bedroom count.
0
≤3 bd
1
4 bd
1
5 bd
0
6 bd
0
7 bd
0
8+ bd
Highest price per ft² Top 2 homes in this status.
445 Ridgewood Road $1,735
401 Warren Lane $1,014
Sold price vs. list price How close homes sold to their asking price.
1
Under 95%
1
95–98%
0
98–100%
0
100–102%
0
Over 102%
Every home in this list is on the map.
Click a marker for the home.
Address Beds Baths Living ft² Sold price Sold / list $ / ft² Days to sell
445 Ridgewood Road Key Biscayne, FL 33149
5 6 3,688 $6,400,000 95.7% $1,735 17 days
401 Warren Lane Key Biscayne, FL 33149
4 3 2,958 $3,000,000 93.8% $1,014 177 days
Questions about this market?
These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.
Savenowrealty.com
Save Now Realty
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