





Description
The Best Value in Key Biscayne—your island paradise awaits. Priced at just $399,000, this is the lowest-priced condo on the Key and one of the rare opportunities where short-term rentals are permitted (5-day minimum, no association approval required). Ideal for investors, a pied-à-terre, weekend escape, guest suite, or income-producing rental. Located just one block from the beach via a public path next to the Key Biscayne Beach Club, this light-filled 1BD/1BA residence offers 590 SF of easy living. Features include Saltillo tile floors, a sleek galley kitchen with new appliances, dedicated dining area, open living space, and a versatile sunken sunroom/den with added storage. Freshly painted and move-in ready, the unit is bright, airy, and surrounded by multi-million-dollar homes and condos—delivering exceptional value with upside potential. One assigned parking space (#35). Low HOA at $681/month with no special assessments. Pet-friendly building with a community pool. Governor’s Lodge, a classic 1963 Key Biscayne residence, stands as one of the island’s enduring originals—timeless, charming, and low-maintenance. Enjoy as-is or renovate to your vision.
Nearby Schools
KeybiscayneElementary School
Ponce De LeonMiddle School
Coral GablesHigh School
Location
Listed By
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All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright Beaches Multiple Listing Service, Inc. Updated: 6th May, 2026 11:35 PM (UTC)
Listing Office: Graber Realty Group LLC
Attribution contact: 305-606-2200







































































