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JP Pires

jp@piresproperties.com +1(954) 793-6413

$ 399,000

Est. payment | -/mo

1 Bed

1 Bath

590 SqFt

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$ 399,000

Est. payment | -/mo

Save Virtual Tour

1 Bed

1 Bath

590 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 590 sqft

Price per Sqft $676

Subdivision Governors Lodge Assoc Con

MLS Listing ID A12010048

Style Other

Bedrooms 1

Full Baths 1

HOA Fees $681/mo

HOA Y/N Yes

Min Days of Lease 365

Leases Per Year 75

Year Built 1963

Annual Tax Amount $2,629

Tax Year 2025

Property Sub-Type Condominium

Property 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.

Location

State FL

County Miami-dade

Community Governors Lodge Assoc Con

Area 52

Direction Turn onto Sunrise Drive from Crandon Blvd.

Interior

Interior Features Bedroom on Main Level, First Floor Entry, Other

Heating Other

Cooling Central Air

Flooring Tile

Appliance Dishwasher, Electric Range, Refrigerator

Exterior

Exterior Feature Other

Pool Association

Amenities Available Pool

View Other

Garage No

Private Pool Yes

Building

Architectural Style Other

Structure Type Brick,Block

Schools

Elementary Schools Keybiscayne

Middle Schools Ponce De Leon

High Schools Coral Gables

Others

Pets Allowed Conditional, Yes

HOA Fee Include Common Areas,Maintenance Grounds,Pool(s)

Senior Community No

Restrictions OK To Lease

Tax ID 24-52-05-051-0040

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Listed As-Is

Pets Allowed Conditional, Yes

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12010048

Miami Association of Realtors (SEFMIAMI MLS)

Listed by Graber Realty Group LLC

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(954) 793-6413

jp@piresproperties.com

8440 NW 33rd St, Pembroke Pines, Florida, 33024, USA

300 Sunrise Dr #1B Key Biscayne, FL 33149

JP Pires

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby Locations

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300 Sunrise Dr #1B