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Key Biscayne

Florida - Miami

13.3°C

Key Biscayne - Miami

Key Biscayne is a small island that lies just south of Miami.Its development began with the birth of a village and then expanded in 1947 with the construction of the "Rickenbacker Causeway" bridge, measuring more than 6km long and linking the island of Key Biscayne to the center of Miami. The tranquility of the place and its relaxed atmosphere, its nature, its wild beaches and its magnificent views make it an unmissable place, adored by all. In addition, the island has two parks, "Bill Baggs Park" and "Crandon Park" and offers true natural oases, making it the closest to nature. In addition, "Crandon park" host the Masters of tennis of Miami, as well as the Open of Miami.

Market overview

Miami is one of the regions that was most affected by the real estate crisis of 2007. At that time, some properties had lost more than 50% of their value. However, Miami has remained a very attractive city, where anything is possible. As a result, the housing market has recovered well, even if it has not reached its pre-crisis record levels.  The market is now more rental-oriented, which allows investors to continue to make profits. 

In addition, the number of cash purchases continues to increase and allow for high capital gains in the early years. It is thanks to this dynamic that the real estate market has been able to consolidate and continue.

Low Season
Jul 01 - Sep 30

From July to September, this is the wet season, which is characterized by strong moisture, heavy rains and stifling heat. This period is to avoid because there are hurricanes and cyclones. This is the hottest and the less busy period in Miami.

High Season
Oct 01 - Mar 31

From October to March, this is the best period to enjoy a trip to Miami. Visitors can benefit from the beach and the sun in a quiet atmosphere. As this is the dry season, the weather is nice and particularly sunny. Winter is dry and clement and it is possible to bathe all year long as the water is around 22 degrees. Discovering Miami at this period is perfect as there are few tourists.

Peak Season
Mar 01 - Jul 30

The months between March and July correspond to the tourist season. Indeed, this peak time period is due to several major events such as the Mardi Gras Carnival, the Holy Week and the Easter weekend. Miami is therefore a very crowded place as tourists want to escape from the bitter cold of North America and Canada.

Crandon park

Crandon Park was born from a gift made by the heirs of Commodor William John Matteson in 1940. The condition of this present was to use the land as a public park. Of course, it has been respected and nowadays, this is a peaceful place to come unwinding with family and friends. Crandon Beach is undoubtedly the main attraction of the park, where you can also have a picnic or BBQ, celebrate birthdays, or play volleyball and other beach sheds which are all activities that can be done here.

Cape Florida Lighthouse

Built in 1825, Cape Florida lighthouse is located on the southern tip of Key Biscayne Island.From the lighthouse there is a breathtaking view of the ocean and it is even possible to walk around the lighthouse and eat in an upscale restaurant.A small beach is also accessible below and offers a calm and relaxing natural setting.

Miami Open Tennis

Miami Open gathers the world's top men's and women's tennis players during 12 days of competition. This international event became the place to be seen in Miami. Throughout the years, Miami has been selected to welcome the ATP World Tour Masters 1000 tournament. Since 1987, the Miami Open Tennis has been host in Crandon Park, which is also home to the United States Tennis Association's development program headquarters.

The PRESTIGE MLS agents

Michael Polly
Director
Royal Shell Real Estate
Miami
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