Keystone Point Real Estate - monthly market report - Feb 2021

How is the Keystone Point Real Estate Market Doing?

There are currently 13 homes for sale (compared to 15 last month):

Highest priced listing $8.9 Million – brand new construction at 2213 Keystone Blvd, with 350′ of water frontage, 22,967 SF lot – 5 bedrooms / 6 bathrooms, 6,259 SF ($1422/SF)
Lowest priced listing $1.1 Million for the fixer upper at 2040 S. Hibiscus Dr with 3 bedrooms / 4 bathrooms, 2.932 SF on 8,475 SF lot with 75′ of water frontage ($375/SF)
Pending Sales (Properties under contract): 18
Median Sales Price in February: $1,465,000
Closed Sales in February: 6 (compared to 4 in January)

For a list of all properties sold in February, please email us at Keystone@miamism.com

The average sold price per square foot in Keystone Point in February for homes on the water was $563, compared to:

Remodeled home at 13055 Arch Creek Ter with 4 bedrooms / 3 bathrooms, 2,699 SF on 9,375 SF lot with 75′ of water frontage. Originally listed in December of 2020 for $1,579,000, increased the same day to $1,679,000 and sold for $1.6 Million ($680/SF)
Updated home at 2055 Arch Creek Dr with 3 bedrooms / 3 bathrooms, 2,079 SF on 9,375 SF lot with 75′ of water frontage. Listed for $1,595,000 in October, lowered to $1,495,000 and selling for $1.4 Million ($673/SF) **cash transaction
Beautifully remodeled 1950 home at 1975 Keystone Blvd with 4 bedrooms / 2.5 bathrooms, 2,504 SF on 10,125 SF lot with 75′ of water frontage. Listed for $1,495,000 in December and selling for $1,465,000 ($579/SF)

We provide a comprehensive 3D market report with in-depth data from the last 12 months that you can download HERE.

Some key points you should know: