Property description of Condominium - Governors Lodge

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.

Property Features