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Key Biscayne Real Estate - Beach And Tennis Paradise

Jan 22, 2008
Key Biscayne does not form a part of mainland America. It is an island off the coast of Florida. Its only connection with mainland is via Rickenbacker Causeway which was built way back in 1947. Composition of Key Biscayne itself is very interesting. It does not form a part of Florida Keys. Instead it is formed of soil which has got eroded from Appalachian Mountains. It has thus formed a barrier island nearby. But when one refers to Key Biscayne, one is usually not referring to whole of the island but to village of Key Biscayne.

Before completion of Rickenbacker Causeway, there was little or no scope for communication between Key Biscayne and rest of American mainland. As a result of this, not too many people were interested in this place at that time. But after completion of before mentioned causeway, this place became well connected and was hence of interest to all and sundry. It was at this point of time that mammoth developments took place in this area and large residential apartments came up within a very short period of time, to accommodate people who were coming here in huge numbers. When this island became popular, nearly sixty seven percent of this land was under coconut plantation, which by dint of its size was larger than any other plantation in United States of that time. Land was donated to government by Matheson in exchange of promise that a causeway would be built here. This land was utilized to set up a public park by Dade County, the county to which this land had been donated. This public park later came to be known as Crandon Park. Remaining land was left for realtors to develop. And it was in 1951 that real estate development started in this area in its truest sense. It was in this year that Mackle Construction Company started building and selling new homes in this area for approximately ten thousand dollars.

After its incorporation, Key Biscayne has become a part of Miami Dade County in state of Florida. Village of Key Biscayne covers an area of only about one and a half square miles. But despite its small size, development has always gone ahead over here at full steam and pace. This place was made famous by President Richard Nixon, who invested in a waterfront home in this area. Due to this place being used as a residence by a President, infrastructural facilities developed at a more rapid rate than they would otherwise have done. Transportation facilities in this relatively nascent region are quite good and so are some other facilities which most importantly include facilities for education.

Attracted by benefits offered by Key Biscayne many people have migrated here. Census taken in 2000 showed that more than ten thousand people live here divided into more than four thousand households. Each household has an average size of about two and a half while median income of these households is in excess of eighty five thousand dollars. Key Biscayne is home to Miami's Seaquarium and Crandon Park Beach is some of South Florida's finest public beaches. The Sony Ericsson Open Championship Tennis Tour is played each year in Key Biscayne featuring the world's best tennis players. Stephanoe's was a very special place.

Key Biscayne Real Estate is grand with a population density in excess of eight thousand people per square mile; demand for real estate is really high. Prices are climbing up rapidly and coming days bode well for both, investors as well as sellers of real estate in Key Biscayne. Key Colony, Ocean Club, Tropical Isle, Cape Florida, and Grand Bay Tower are some of the best communities here. Average listing price is now $1,500,000. Key Biscayne Real Estate is coming back strong.
About the Author
Hector Lesende is Owner/Licensed Real Estate Broker in South Florida Real Estate Please visit Miami Real Estate and search Key Biscayne Real Estate We will sell your home from only 1% commission. We provide a free South Florida Foreclosure and MLS list.
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