Looking into the wonderful world of Miami FL real estate, it helps to focus one’s attention to the various locations which contribute to the overall condition of the actual market itself. In this article, we are going to set our sights on one of the most desirable parts of Miami FL that people are interested in these days: Key Biscayne.
Key Biscayne is a posh village located on an island which is part of the Miami-Dade County region. It is a beautiful village found just six miles from the coast of Miami, south of Miami Beach. It is connected to Miami by the Rickenbacker Causeway, which was originally established in 1947, and since then Key Biscayne has grown in popularity for being a world-class beach resort community that has all of the qualities that anyone would look for in a great location.
Things have changed dramatically since the time that the Rickenbacker Causeway had been built, and especially so since the demand for Miami FL real estate properties in this particular area had grown because of the fabulous lifestyle that the island is capable of providing to its residents. In fact, not long after the Rickenback Causeway had been built, people could find home properties on the island of Key Biscayne for prices that would fall under 10 thousand dollars, but that is no longer the case these days.
Finding real estate properties on the island of Key Biscayne require people to have much more than just 10 thousand dollars in the bag. Even if the Key Biscayne land property were to be sold bare, no one would be able to find a real estate deal which could possibly fall within that price range.
Nowadays, people who are hoping to find exquisite home properties in Key Biscayne on the Miami FL real estate market should prepare to have at least two or three million dollars set aside for such an extravagant purchase, depending on exactly what they are hoping to get for their money.
To give you a better idea, more than half of the home properties found on the island of Key Biscayne are going on the Miami FL real estate market for over 2 million dollars — these are homes that come with two to three bedrooms, complete with all the features that one would expect from a home property of that size.
At the end of the day, the superb quality of living that comes with these types of home properties are definitely worth the price that these Key Biscayne home properties go for on the Miami FL real estate market. So if you have been considering your options, it helps to have a good idea on what you will need to prepare for if you were hoping to live in one of the most exclusive neighborhoods in Miami FL.