Key Biscayne condo financeability
Which buildings the banks are lending on, at what down payment. Read from recorded mortgages in the public record — counts and shares only, never individual loans.
Financeability Index
| Building | Reading | Loans (12 mo) | Sales financed | Avg. down | Lowest down |
|---|---|---|---|---|---|
| Tidemark at Key Colony | 73Financeable | 6 / 6 | 57% | 30.3% | 6% |
| Galen Breakers | 68Financeable | 3 / 3 | 50% | 23.5% | 20% |
| Mar Azul | 68Financeable | 5 / 6 | 40% | 33.7% | 20% |
| Key Colony Botanica | 67Financeable | 14 / 15 | 57% | 34.8% | 20% |
| Key Colony Emerald Bay | 65Financeable | 7 / 10 | 27% | 39% | 20% |
| Key Biscayne VI | 64Financeable | 4 / 8 | 60% | 28.8% | 20% |
| Grapetree Townhouses | 58Financeable | 1 / 2 | — | — | — |
| Towers of Key Biscayne | 56Financeable | 12 / 14 | 26% | 36.4% | 20% |
| Key Colony Ocean Sound | 52Financeable | 2 / 3 | 29% | 36.2% | 20% |
| Ocean Club – Lake Villa Three | 52Financeable | 0 / 0 | — | 33% | 20% |
| Grand Bay Residences | 51Financeable | 2 / 5 | 67% | — | — |
| Key Biscayne Ambassador | 51Financeable | 3 / 4 | 67% | — | — |
| Galen Drive West | 47Limited financing | 1 / 1 | 33% | — | — |
| Ocean Club – Resort Villa One | 45Limited financing | 2 / 2 | 29% | — | — |
| Ocean Club – Lake Tower | 44Limited financing | 3 / 3 | 14% | — | — |
| Ocean Club – Lake Villa One | 43Limited financing | 3 / 5 | 40% | 57.5% | 47% |
| Oceana Key Biscayne | 38Limited financing | 5 / 5 | 0% | 38.3% | 25% |
| Ocean Club – Ocean Tower One | 35Limited financing | 5 / 5 | 0% | — | — |
| Grand Bay Tower | 33Limited financing | 1 / 1 | — | — | — |
| Le Phare | 33Limited financing | 1 / 1 | — | — | — |
| Ocean Club – Club Tower One | 33Limited financing | 1 / 2 | 25% | — | — |
| Ocean Drive Manors | 33Limited financing | 1 / 1 | — | — | — |
| Sunrise Club | 30Limited financing | 1 / 1 | — | — | — |
| Galen Drive Condominium | 29Mostly cash | 1 / 1 | — | — | — |
| Indies | 29Mostly cash | 1 / 1 | — | — | — |
| Ocean Club – Resort Villa Two | 29Mostly cash | 1 / 1 | 0% | — | — |
| Cay Polynesia | 27Mostly cash | 0 / 0 | — | — | — |
| Key Townhouse | 27Mostly cash | 0 / 0 | — | — | — |
| Ocean Club – Lake Villa Two | 26Mostly cash | 2 / 2 | — | — | — |
| Palms of Key Biscayne | 25Mostly cash | 1 / 2 | — | — | — |
| Grapetree Townhouse | 24Mostly cash | 1 / 1 | — | — | — |
| Sands of Key Biscayne | 24Mostly cash | 1 / 1 | 25% | 47.1% | 31.7% |
| Solimar of Key Biscayne | 24Mostly cash | 1 / 5 | — | — | — |
| Ocean Club – Club Tower Three | 22Mostly cash | 1 / 1 | 0% | — | — |
| Casa Del Mar | 18Mostly cash | 2 / 3 | 0% | — | — |
| The Ritz-Carlton Key Biscayne | 17Mostly cash | 2 / 5 | 10% | — | — |
| Ocean Club – Club Tower Two | 15Mostly cash | 1 / 2 | 13% | — | — |
| Ocean Club – Ocean Tower Two | 12Mostly cash | 0 / 1 | 0% | — | — |
| Bahia Mar | Not enough recorded loans | 0 / 0 | — | — | — |
| Cape Florida | Not enough recorded loans | 0 / 0 | — | — | — |
| Cape Florida Club I | Not enough recorded loans | 0 / 0 | — | — | — |
| Cape Florida Club II | Not enough recorded loans | 0 / 0 | — | — | — |
| Commodore Club South | Not enough recorded loans | 0 / 0 | — | — | — |
| Commodore Club West | Not enough recorded loans | 0 / 0 | — | — | — |
| Crandon Tower | Not enough recorded loans | 0 / 0 | — | — | — |
| Island Breakers | Not enough recorded loans | 0 / 0 | — | — | — |
| Key Biscayne One Hundred | Not enough recorded loans | 0 / 0 | — | — | — |
| Key Cassa | Not enough recorded loans | 0 / 0 | — | — | — |
| Key Islander | Not enough recorded loans | 0 / 1 | — | — | — |
| North Sunrise Inc | Not enough recorded loans | 0 / 0 | — | — | — |
| Ocean Lane Plaza | Not enough recorded loans | 0 / 0 | — | — | — |
| Ocean Village | Not enough recorded loans | 0 / 0 | — | — | — |
| Sunrise Manor | Not enough recorded loans | 0 / 0 | — | — | — |
| The Pyramids | Not enough recorded loans | 0 / 0 | — | — | — |
How we read it
A bank that writes a purchase mortgage at an ordinary down payment has just checked the building itself: reserves, insurance, litigation, owner-occupancy. The index (0–100) adds four parts: the share of recorded sales financed by regulated lenders over 24 months (up to 40), the lowest down payment one of them accepted (up to 35), lending in the last 12 months (up to 15) and FHA/VA programme approval (10). The absence of loans proves nothing — cash buildings are simply marked "not enough recorded loans" — so nothing here ever lowers a building's Health score.
Source: Miami-Dade County official records and the FHA/VA approval lists. Aggregates only; individual instruments are never shown. · As of 2026-10-15