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Waterfront Community · Key Biscayne, FL
Cape Florida Sub Sec 3 is a luxury waterfront, luxury community in Key Biscayne, Miami-Dade County, Florida. Properties are priced from $9,800,000 to $29,900,000.
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Market Overview
There are 4 active listings for sale in Cape Florida Sub Sec 3 right now. The median list price is $17,195,000, or about $2297 per square foot. Listings span $9,800,000 to $29,500,000, so there is inventory across most budgets. Homes are averaging 379 days on market. These figures update from the MLS as the market moves.
Cape Florida Sub Sec 3 Market Stats
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About Cape Florida Sub Sec 3
Cape Florida Sub Sec 3 is a luxury waterfront, luxury community in Key Biscayne, Miami-Dade County, Florida. Properties are priced from $9,800,000 to $29,900,000. Pure Equity Realty lists homes in Cape Florida Sub Sec 3 for 1% commission and provides free buyer representation.
Homes & Architecture
Homes for sale in Cape Florida Sub Sec 3 offer 4 to 9 bedrooms and 4.5 to 9 baths. Floor plans span roughly 5,826 to 10,964 square feet. The mix here includes single family homes. Current prices run from $9,800,000 to $29,500,000. The homes on the market were built between 1983 and 2007.
Amenities & Lifestyle
Waterfront homes here offer canal, lake, or Intracoastal frontage, and some sites include private dockage.
Location
Cape Florida Sub Sec 3 is located in Key Biscayne, part of Miami-Dade County, Florida. Residents are close to the shopping, dining, schools, and parks of the Key Biscayne area, with the wider job centers, beaches, and airports of the region within driving distance.
Buying in Cape Florida Sub Sec 3
The buying process in Cape Florida Sub Sec 3 is the one used across Miami-Dade County. Getting a mortgage pre-approval first tells you your real budget and lets you move quickly when the right home comes up. Property taxes factor into the monthly payment: the median annual property tax in Miami-Dade County is about $3,516. Florida's homestead exemption lowers the taxable value of a primary residence, and the Save Our Homes cap limits how fast that assessed value can rise from year to year. Budget for homeowners insurance as well. Rates in Florida reflect wind and flood exposure, so gather quotes early and check whether a specific address sits in a FEMA flood zone. Once you are under contract, plan for a home inspection and, if you are financing, a lender appraisal, both of which fall inside the inspection period. Working with an agent who knows Key Biscayne means you see new listings in Cape Florida Sub Sec 3 the day they reach the market.
Selling in Cape Florida Sub Sec 3
Selling a home in Cape Florida Sub Sec 3 starts with pricing it correctly for current conditions. List prices in Cape Florida Sub Sec 3 currently center around $17,195,000, which is a starting reference for where a comparable home might be positioned. Homes that are decluttered, professionally photographed, and priced to recent comparable sales tend to draw the most interest in the first two weeks, when a listing is newest and gets the most views. Florida sellers usually pay the documentary stamp tax on the deed, currently $0.70 per $100 of the sale price in most counties, along with prorated property taxes and, by local custom in many areas, the owner's title insurance policy. We provide a no-obligation home valuation for Cape Florida Sub Sec 3 owners in Key Biscayne, so you can see what your property could sell for before you commit to listing.
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