Condominium · Key Biscayne, FL
Cay Polynesia Key Biscayne, FL Homes For Sale & Real Estate
Cay Polynesia, Key Biscayne, FL, is a condominium in Miami-Dade County with 4 homes for sale right now. Cay Polynesia Condo is a community in Key Biscayne, Miami-Dade County, Florida.
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Market Overview
Cay Polynesia real estate market
There are 4 active listings for sale in Cay Polynesia right now. The median list price is $474,000, or about $748 per square foot. Listings span $450,000 to $499,000, so there is inventory across most budgets. Homes are averaging 120 days on market. These figures update from the MLS as the market moves.
Cay Polynesia Market Stats
MLS data updated September 27, 2026- Active Listings
- 4
- Median List Price
- $474,000
- Median $/Sq Ft
- $748
- Avg Days on Market
- 120
- Price Range
- $450,000 to $499,000
Frequently Asked Questions
- How many homes are for sale in Cay Polynesia?
- There are 4 active listings for sale in Cay Polynesia right now, and these counts update from the MLS as homes come on the market and go under contract. Prices sit in a narrow band here, so homes in Cay Polynesia tend to compete directly with each other. Ask us to set up a search alert and you will see new Cay Polynesia listings the day they reach the market.
- What is the median home price in Cay Polynesia?
- The median list price in Cay Polynesia is $474,000, or roughly $748 per square foot. The median is the midpoint of what is currently listed, so about half of Cay Polynesia homes ask more and half ask less, within a broader range of $450,000 to $499,000. The median sits near the middle of that range, so Cay Polynesia inventory is spread fairly evenly rather than bunched at one end. We can pull recent comparable sales to price a specific home more precisely.
- What price range do homes in Cay Polynesia cover?
- Homes for sale in Cay Polynesia currently range from about $450,000 at the entry level to $499,000 at the top of the market. That spread reflects unit size, floor, and finish level across the condos and townhomes here, with the median list price around $474,000. The spread is tight, which usually points to a consistent housing stock rather than a mix of sizes and eras. Tell us your budget and must-haves and we will send the Cay Polynesia listings that actually fit.
- How long do homes take to sell in Cay Polynesia?
- Homes in Cay Polynesia are averaging 120 days on market, measured from the day a listing goes live to the day it goes under contract. That is a measured pace, which usually leaves buyers room to negotiate and makes pricing at the outset matter more for sellers. Days on market in Cay Polynesia also shift with the season and with how a home is priced, so a sharply priced listing can still sell well ahead of the average.
About Cay Polynesia
Cay Polynesia, Key Biscayne, FL, is a condominium in Miami-Dade County with 4 homes for sale right now. Cay Polynesia Condo is a community in Key Biscayne, Miami-Dade County, Florida. Active listings are priced from $480,000 to $499,000. Homes were built starting 1965. Pure Equity lists homes in Cay Polynesia and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
Homes & Architecture
Homes for sale in Cay Polynesia
Homes for sale in Cay Polynesia offer 1 bedroom and 1 bath. Floor plans span roughly 608 to 676 square feet. The mix here includes condo homes. Current prices run from $450,000 to $499,000.
Schools
Schools near Cay Polynesia
Homes for sale in Cay Polynesia are typically zoned for the Key Biscayne public schools below, based on current MLS listings. Confirm the exact attendance zone for any specific address with the Miami-Dade County school district before you buy.
- Elementary School
- Key Biscayne K-8
- Middle School
- Ponce De Leon
- High School
- Coral Gables
HOA
Cay Polynesia HOA fees
- Median HOA fee
- $430/mo
- Typical range
- $397 to $458
- Lowest to highest
- $380 to $458
- Listings with a fee
- 4 of 4
Across the 4 homes for sale in Cay Polynesia that list an HOA fee, the median is $430 a month. Half of them fall between $397 and $458. Fees quoted quarterly or yearly are converted to a monthly figure so they compare directly.
The fee most often covers common areas, grounds maintenance, building maintenance, pool upkeep, water and hot water. Coverage differs from one building or section to the next, so read what a specific listing includes before comparing it with another.
Listings here most often mention pool, laundry facilities, picnic area and elevators.
None of the 4 listings that state a pet policy allow pets.
From current MLS listings in Cay Polynesia; the figures change as homes come and go. Confirm the fee, any special assessments and the association's rules with the HOA before you buy.
Market & Value
Cay Polynesia market and home values
The Cay Polynesia real estate market reads best through the community's own recent activity, not a county-wide average. The median list price in Cay Polynesia is around $474,000, or roughly $748 per square foot. That sits about 21% below the Miami-Dade County median, which shows where Cay Polynesia lands in the local market. Recent asking prices have run from $450,000 to $499,000, so the home you choose within Cay Polynesia matters as much as the community average. Homes here have recently taken about 120 days to go under contract, a useful gauge of how quickly the Cay Polynesia market is moving. For pricing an offer or a listing, comparable sales within Cay Polynesia carry more weight than any headline number, since homes of the same type and size set the real range. Pure Equity can pull the active and recently sold homes in Cay Polynesia so you work from real numbers, not an estimate.
How It Compares
Cay Polynesia compared to nearby Key Biscayne communities
Cay Polynesia carries the lowest median of the 7 Key Biscayne communities compared here. Price per square foot is the fairer comparison between communities, because it adjusts for the fact that one neighborhood builds bigger homes than another. Days on market shows how quickly each one is actually selling.
| Community | Homes | Median | $/Sq Ft | Days |
|---|---|---|---|---|
| Cape Florida | 7 | $16,500,000 | $2,323 | 263 |
| Oceana Key Biscayne | 8 | $6,875,000 | $2,336 | 226 |
| Tropical Isle Homes | 12 | $5,742,500 | $1,653 | 149 |
| Biscayne Key Estates | 10 | $5,692,500 | $1,602 | 143 |
| Key Colony | 9 | $1,600,000 | $1,086 | 86 |
| Commodore Club West | 7 | $845,000 | $913 | 105 |
| Cay Polynesia this page | 4 | $474,000 | $748 | 120 |
Medians come from active listings in each community and move as inventory turns over. They describe the homes currently for sale, not what any one home is worth.
Who It Suits
Is Cay Polynesia right for you?
It helps to know who Cay Polynesia tends to suit before you tour. Cay Polynesia suits a range of buyers, from first-time owners to move-up families, who want a home in Key Biscayne with the everyday conveniences of the area close by. On price, Cay Polynesia lands in the middle of the market, a common fit for move-up buyers and full-time residents. Whether Cay Polynesia is right for you depends on how you plan to use the home, full time or seasonally, and Pure Equity can walk you through the tradeoffs before you commit.
Amenities & Lifestyle
Living in Cay Polynesia
Cay Polynesia is a residential neighborhood, and its homeowners association maintains the shared areas and community standards.
Location
Cay Polynesia location
Cay Polynesia is located in Key Biscayne, part of Miami-Dade County, Florida. The Key Biscayne area's shopping, dining, schools, and parks are all nearby, and the region's job centers, beaches, and airports are within driving distance.
Buying in Cay Polynesia
Buying a home in Cay Polynesia
The buying process in Cay Polynesia 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 Cay Polynesia the day they reach the market.
Selling in Cay Polynesia
Selling a home in Cay Polynesia
Selling a home in Cay Polynesia starts with pricing it correctly for current conditions. List prices in Cay Polynesia currently center around $474,000, 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 Cay Polynesia owners in Key Biscayne, so you can see what your property could sell for before you commit to listing.
Thinking of Selling?
What is your Cay Polynesia home worth?
Online estimates miss what makes a home different. Tell us about yours and a licensed listing agent will send you a pricing opinion based on what has actually closed near you in Cay Polynesia.
Listing agents and seller representation in Cay Polynesia
Thinking about selling in Cay Polynesia? The agent you pick shapes two numbers: what your home closes for, and how long it takes. A listing agent, also called a seller's agent, prices the property against what has actually closed nearby. They also prepare and market it, screen the offers that arrive, and negotiate the terms rather than just the price.
Conditions in Cay Polynesia sit close to balanced, which rewards sellers who price against real closed sales instead of neighboring asking prices. Homes here are averaging about 120 days from listing to accepted offer, so build that into your moving timeline.
Community-level detail matters most here. Association rules, what the fees cover, and which buildings sell fastest all affect your outcome. So does whether a buyer needs board approval before closing. None of it appears in a listing description. All of it decides whether a sale closes on time.
Pure Equity is a licensed Florida brokerage serving Cay Polynesia. Onias Derilus is the broker of record, Florida Real Estate Broker license BK3276618. A broker holds a higher license than an agent working under one. In practice that means the person advising you on price is also the one legally responsible for the file. That matters most when a deal gets complicated.
More on this: understanding your listing agreement · selling a Florida house from another state
Realtors and real estate agents serving Cay Polynesia
People search for realtors, real estate agents, and real estate brokers more or less interchangeably. For most purposes the job title matters less than licensing and representation. Every licensed agent in Florida works under a broker. That broker carries final responsibility for the transaction.
What separates real estate professionals in Cay Polynesia is specificity. Can they answer questions about your street, not just your city? Ask what they have closed nearby and how they arrived at a price. A grounded answer cites particular recent sales. It also explains why those homes compare to yours. Vague reassurance is the warning sign.
More on this: how South Florida condos are valued · how an HOA affects your home value · selling in a difficult situation
Buyer's agents in Cay Polynesia
A buyer's agent represents the purchaser rather than the owner. They identify properties that actually fit and research what comparable homes sold for, not what they asked. They also advise on offer strategy. Finally, they manage inspection and financing deadlines through to closing.
Where buyers have room to negotiate, as they do in Cay Polynesia, the leverage is only worth something if you know where it exists and what to ask for. If you are buying and selling at the same time, which is common for people moving within Miami-Dade County, sequencing the two is its own skill: contingencies, timing, and what happens if one closing slips all need planning before either home goes on the market.
What representation costs
Real estate commissions are negotiable. No law, multiple listing service, or association sets them. If an agent tells you there is a standard rate, they are misinforming you. What you pay is agreed between you and the brokerage you hire. Get it in writing before the work begins.
Industry rules changed in 2024. Now a buyer and their agent must put compensation in a written buyer agreement before touring homes together. Sellers may still offer to contribute toward the buyer's side. However, that is negotiated rather than assumed. It is worth thinking through with your listing agent before you go live.
More on this: how commission is actually structured · how long it takes to sell a house · what you actually walk away with
Buying Instead?
Search Cay Polynesia with someone local
We will tell you which listings are worth your time, what comparable homes actually closed for, and how to structure an offer that holds up through inspection and financing.
Frequently asked questions
How do I find a listing agent in Cay Polynesia?
Ask any listing agent you interview two questions. Which homes have they closed near Cay Polynesia, and how did they arrive at their suggested price? A grounded answer names recent closed sales. It also explains why those homes compare to yours. With a median around $474,000 here, the gap between realistic pricing guidance and optimistic guidance is real money. Verify the license too. Florida licenses are public and searchable through the state's DBPR portal. Pure Equity is a licensed brokerage serving Miami-Dade County. You can reach the broker directly at (561) 835-5400.
What does a seller's agent actually do?
A seller's agent prices the home against comparable closed sales. Before it goes live, they advise on repairs and presentation. Then they handle photography and marketing, and put the home in front of buyers and other agents. When offers arrive, they screen them and negotiate both price and terms. Terms matter as much as the number, because inspection windows, financing contingencies, and closing dates all affect whether an offer reaches the closing table.
How much does a real estate agent cost in Cay Polynesia?
Commissions are fully negotiable. No law or real estate board sets them. What you pay is whatever you and your brokerage agree to in writing before work begins. Since the 2024 rule changes, buyers and their agents must agree compensation in a written buyer agreement before touring homes. Any seller contribution toward the buyer's side is negotiated rather than automatic. Ask any agent you interview to put their fee in writing.
What is the difference between a realtor, a real estate agent, and a broker?
A real estate agent holds a state license to represent buyers and sellers. A broker holds a higher-level license and can operate a brokerage. That broker also carries final legal responsibility for the office's transactions. Realtor is a membership term for agents belonging to the National Association of Realtors. For someone buying or selling in Cay Polynesia, three practical questions matter. Is the person licensed, who do they represent in your transaction, and what can they actually tell you about your local market?
Do I need an agent to buy a home in Cay Polynesia?
You are not legally required to use one, but most buyers in Cay Polynesia do. A buyer's agent handles the parts that are easy to get wrong. That means identifying what comparable homes actually closed for, spotting condition or association issues early, and managing inspection and financing deadlines. Even in a slower market, negotiating room is only useful if you know where it exists.
Can one agent help me sell my current home and buy the next one?
Yes. For people moving within Miami-Dade County it is often the more practical route, because one person coordinates both timelines. Sequencing is the hard part. Should your purchase be contingent on your sale? How would you cover a gap if the closings do not line up? What happens if one side is delayed? Plan all of that before either home is listed, rather than after an offer arrives.
Public Records
Look up Cay Polynesia property records
Anything on this page that affects what a home costs to own, assessed value, exemptions, flood zone, is published by a public agency. These are the official sources, not our summaries of them.
Miami-Dade County Property Appraiser
Assessed value, homestead exemption status, and recorded sales history for any parcel.
FEMA Flood Map Service Center
Look up the official flood zone for an address before you budget for insurance.
Florida Department of Revenue, property taxes
How Florida assesses property, and which exemptions you can claim.
More Communities in Key Biscayne
Tropical Isle Homes
Community
Biscayne Key Estates
Luxury Enclave
Key Colony
55+ Community
Oceana Key Biscayne
Waterfront Community
Commodore Club South Cond
55+ Community
Cape Florida
Community
Commodore Club West
Waterfront Community
Towers Of Key Biscayne Co
55+ Community
Island House Apt Inc Co
Condominium
Casa Del Mar
Community
Mar Azul
55+ Community
Ocean Village Condo
Condominium
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