Key Biscayne is no more than a mile or so long, but it has some of the most expensive property in Dade County. Most people live there because they enjoy the island's secluded, friendly atmosphere. After breaking away from Miami-Dade County and forming its own municipality in 1991, the conservative village has maintained its finances in top shape. When the Ocean Club Condominium and Grand Bay start producing revenue for the village, it will have even more money.
Environmental issues are a key item.
Beach erosion is a major problem and the village is currently trying to start a major beach renourishment project. The mangrove wetlands, which were hurt by man and nature through the years, are now being restored. The island is usually abuzz with construction. Aside from the current storm water and sanitary sewer projects, there are always trees being planted and homes constantly being built. Restaurants, banks, boutiques, hotels are the predominant businesses.