Condo in 300 Sunrise Drive 1B, Key Biscayne, FL 33149 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 Drive 1B, Key Biscayne, FL 33149

Price
Price:
$399,000.00
Original List Price:
$399,000.00
List Price per Sq Ft (Calculated, Approx.):
$728.81
Close Price:
$430,000.00
Transaction closed on:
July 10, 2026
More Listings Same Building:
Governors Lodge in 300 Sunrise Dr Key Biscayne
Property Status and Type
Listing Type:
Sold
Status:
Closed
Listing Category:
Residential
Property Type:
Condominium
Description of Last Important Update:
Status Change
Last Major Update on:
July 10, 2026 4:00 am
Other Special Conditions:
Sold As-is
Rooms Distribution
Bedrooms:
1
Bathrooms Total:
1
Full Bath:
1
Master Bedroom Bath:
Master Bdrm - Ground, Bedroom On Entry Level, Other
Measures
Living Area:
590 Sqft
Built-Up Area:
590 Sqft
Property Features
View from the Property:
Other
Waterfront:
No
Appliances:
Dishwasher, Refrigerator, Electric Range
Interior:
Other
Exterior:
Other
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Other
Construction
Year Built:
1963
Architectural Style:
Other
Levels:
Two
Entry Level (floor):
1
Construction Materials:
Concrete Block - No Stucco
Flooring:
Tile
Number of stories:
3
Flood Zone Code:
AE
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$2,629.00
Tax Year:
2025
Association Fee:
$681.00
Association Fee Frequency:
Monthly
Parking
Garage Spaces:
0
Covered Spaces:
0
Community
Association
Application Required
Application Fee:
$250.00
Application Information:
3-4 Weeks Approval, 1-2 Weeks Approval
Association Type:
Condominium
Pets Allowed?:
Yes, Pet Restrictions Possible
Lease Number Times per Year Allowed:
75
Amenities Provided by the Homeowner's Association (HOA):
Pool
Subdivision Name:
GOVERNORS LODGE ASSOC CON
Association Fee Includes:
Maintenance Grounds, Common Areas, Pool Service
Senior Community:
No
Minimum Days per Lease:
365
Leasing Permitted
Leasing Permitted Details:
Okay To Lease
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable
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):
2452050510040
Public Schools Assigned
Elementary School:
West Hollywood
High School:
Coral Gables
Middle Or Junior School:
Ponce De Leon
Listing History
Active on the market since:
May 1, 2026
Listing Agreement executed on:
May 1, 2026
Purchase Contract Date:
May 11, 2026
Listing Status Last Changed On:
July 10, 2026 4:00 am
Photos updated on:
July 10, 2026 8:55 pm
Last Modified:
July 10, 2026 8:56 pm
Additional Information
Courtesy of:
Graber Realty Group LLC
Attribution:
Not provided
Location
Floor Number:
1
Street Name:
Sunrise
Street Number:
300
Unit Number:
1B
City:
Key Biscayne
State:
Florida
Zip Code:
33149
County:
Miami-Dade
Latitude:
N25° 41' 23.4''
Longitude:
W81° 50' 25.4''
Street Suffix:
Drive
Property Map

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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) 45 Good
☀️ O3 30 Good
🫁 PM2.5 45 Good
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Association of REALTORS®
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. Properties may be listed or sold by various participants in the MLS.