In 1992, Hurricane Andrew flooded some homes and businesses on Key Biscayne, impacting insurance. The eye wall passed over uninhabited Bill Baggs Cape Florida State Park which received the brunt of the storm. The storm damage was a blessing for the park because it destroyed all the non-native vegetation that the state had been trying to eradicate. Federal and State funding allowed the replanting with native vegetation making the park a showplace natural area. The town is in Evacuation Zone A. A 2017 study found that the town could be partly flooded at high tides by 2045 after sea-level rise. Property values fell. In November 2020, the town voted to approve a $100 million bond to protect itself.