Condo in 300 Sunrise Dr 1B Key Biscayne for sale with MLS# A12010048

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.

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300 Sunrise Dr 1B, Key Biscayne, FL 33149

Price
Price:
$399,000.00
Original List Price:
$399,000.00
More Listings Same Building:
Governors Lodge in 300 Sunrise Dr Key Biscayne
Property Status and Type
Listing Type:
For Sale
Status:
Pending (An offer has been accepted)
Contingency:
Pending Inspections
Special Sale Conditions:
Listed As Is
Listing Category:
Residential
Property Type:
Condominium
MLS Number:
A12010048
Description of Last Important Update:
Pending (An offer has been accepted)
Last Major Update on:
May 11, 2026 10:14 am
Rooms Distribution
Bedrooms:
1
Bathrooms Total:
1
Full Bath:
1
Measures
Living Area:
590 Sqft
Built-Up Area:
590 Sqft
Lot Size Unit:
Square Feet
Property Features
View from the Property:
Other
Waterfront:
No
Swimming Pool Features:
Association
Appliances:
Dishwasher, Refrigerator, Electric Range
Interior:
First Floor Entry, Bedroom On Main Level, Other
Exterior:
Other
Air Conditioning
Air Conditioning System:
Central Air
Heating System:
Other
Construction
Year Built:
1963
Year Built Details:
Resale
Architectural Style:
Other
Entry Level (floor):
1
Entry Level Location:
1
Construction Materials:
Block, Brick
Flooring:
Tile
Number of stories:
3
Taxes and Expenses
Tax Annual Amount:
$2,629.00
Tax Year:
2025
Association Fee:
$681.00
Association Fee Frequency:
Monthly
Property Tax Status:
Tax Reflects Homestead Exemption
Parking
Garage Spaces:
0
Covered Spaces:
0
Parking Features:
One Space
Community
Pets Allowed?:
Yes, Conditional
Amenities Provided by the Homeowner's Association (HOA):
Pool
Subdivision Name:
GOVERNORS LODGE ASSOC CON
Association Fee Includes:
Maintenance Grounds, Common Areas, Pools
Complex Name:
GOVERNORS LODGE
Senior Community:
No
Restrictions:
Okay to Lease
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Occupant Type:
Call Agent
Buyer Possession:
Closing And Funding
Zoning and Legal
Tax Legal Description:
GOVERNORS LODGE ASSOC CONDO UNIT 1B UNDIV 3.125% INT IN COMMON ELEMENTS OFF REC 17933-4146 OR 18993-3396 0100 1
Real Estate Folio Number (Parcel Number):
24-52-05-051-0040
Public Schools Assigned
Elementary School:
Central
High School:
Coral Gables
Middle Or Junior School:
Ponce De Leon
Listing History
Originally published on:
May 1, 2026 1:05 pm
Active on the market since:
May 1, 2026
Price change occurred on:
April 29, 2026 3:08 pm
Listing Status Last Changed On:
May 11, 2026 10:14 am
Photos updated on:
May 1, 2026 5:25 pm
Last Modified:
May 11, 2026 2:15 pm
Additional Information
Unit View:
Other View
Housing Older Persons Act:
No HOPA
Unit Design:
Other
Type of Association:
Condo
Minimum Number of Days per Lease:
365
Type of Governing Bodies of the Association:
Condominium
Pet Fee:
$0.00
Number of Times Leased per Year:
75
Flood Zone:
AE
Application Fee:
$250.00
Style:
Condo 1-4 Stories
Municipal Code:
24
Subdivision Number:
51
Courtesy of:
Graber Realty Group LLC
Attribution:
Not provided
Location
Street Name:
Sunrise Dr
Street Number:
300
Unit Number:
1B
City:
Key Biscayne
State:
Florida
Zip Code:
33149
County:
Miami-Dade
Latitude:
N25° 41' 23.5''
Longitude:
W81° 50' 25.4''
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $171,982
Median Home Value $1,231,500
Median Rent $3,501/mo
Median Age 43
Population 14,628

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 35 Good
☀️ O3 30 Good
🫁 PM2.5 35 Good

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Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.