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151 Crandon Boulevard 122, Key Biscayne, FL 33149
Under Contract
61 Days on Market
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How this price compares

Asking price
$1,438,000
Price per sq ft
$980
Original price
$1,470,000
Days on market
61

This 2-bedroom condo in The Emeraldbay @ Key Colo went under contract with an asking price of $1,438,000, or $980 per square foot. The asking price has come down 2.2% from its original $1,470,000. It spent 61 days on the market before going under contract.

2
Bedrooms
2
Bathrooms
1,467
Living Sq Ft
1980
Year Built

Estimated monthly payment

$7,557 /mo

Principal and interest only, based on $287,600 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

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Listing Snapshot

Price
$1,438,000
Days on Site
61 Days
Bedrooms
2
Total Baths
2
Full Baths
2
Partial Baths
0
Living Area
1,467 sqft
Total Sq Ft
1,467 sqft
Year Built
1980
Property Type
Condo
MLS #
A12045408
Property Tax
$13,800 (2026)
HOA Fees
$4,532 / Quarterly
Subdivision
THE EMERALDBAY @ KEY COLO
County
Miami Dade
Status
Under Contract
Special Conditions
Listed As Is

About This Property

REMODELED LANAI 2/2 UNIT!! With a huge outdoor area (1000sqft), this rarely available Lanai is the opportunity for those who want to live in a condo as if it were a house. The outdoor space becomes an extension of the unit and It has outside private access. Also have access to all the amenities of the Key Colony. Emerald Bay at Key Colony is walkable to everything and offers 24/7 security with a guard at gate and concierge in each building. Unit with porcelain throughout, kitchen with stainless steel appliances and granite counter top. Washer/dryer inside. Lots of closets and a big master walking closet. Amenities include waterfront pool, concierge, lap pool, gym, jacuzzi, 12 tennis courts, children's playground, dog run, party/community room, direct beach access, and more.

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General Features

Property Type
Condo
Status
Under Contract
Year Built
1980
Number of Stories
12
Levels
Multi Split
Garage Spaces
1
Parking
Assigned / Covered
Living Sq Ft
1,467
Total Sq Ft
1,467

Interior Features

Appliances
Dryer / Dishwasher / Electric Range / Disposal / Microwave / Oven / Refrigerator / Washer
Cooling
Central Air
Heating
Central
Flooring
Tile
Interior Features
Bedroom On Main Level / Closet Cabinetry / Dining Area / Separate Formal Dining Room / Dual Sinks / Split Bedrooms / Separate Shower / Walk In Closets / Bar
Windows
Blinds / Plantation Shutters

Exterior Features

Construction
Block
Exterior Features
Lighting / Outdoor Living Area
Architectural Style
Other / Split Level
Pool Features
Association
Patio & Porch
Patio
View
Other

Community & HOA

HOA Fee
$4,532 / Quarterly
HOA Includes
Common Areas / Hot Water / Maintenance Grounds / Maintenance Structure / Pools / Recreation Facilities / Sewer / Security / Trash / Water
Association Amenities
Bike Storage / Clubhouse / Car Wash Area / Fitness Center / Maintenance Grounds / Management / Playground / Pool / Parking / Spa Hot Tub / Tennis Courts / Trash / Elevators
Security
Security System / Key Card Entry / Lobby Secured / Smoke Detectors
Pets Allowed
Yes
Financing Terms
Cash / Conventional
Restrictions
Okay To Lease1st Year / Other Restrictions / Ok To Lease
MLS Area
2420

This home's HOA fee works out to $1,511 a month, 40% below the $2,506 median across 6 homes for sale in The Emeraldbay @ Key Colo. See The Emeraldbay @ Key Colo HOA fees

Schools

Elementary School
Key Biscayne K-8
Middle School
Ponce De Leon
High School
Coral Gables

The Emeraldbay @ Key Colo is an age-restricted 55+ community in Key Biscayne, Miami-Dade County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $875,000 to $2,600,000. At least one resident per home must be 55 or older. Pure Equity lists homes in The Emeraldbay @ Key Colo and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Homes for Sale
6
Median List Price
$1,845,000
Median $/Sq Ft
$1,108
Avg Days on Market
69
View all 6 homes for sale in The Emeraldbay @ Key Colo →
How do I schedule a tour of 151 Crandon Boulevard 122, Key Biscayne, FL 33149?
Use the Tour button on this listing to request a showing of 151 Crandon Boulevard 122, Key Biscayne, FL 33149. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 151 Crandon Boulevard 122, Key Biscayne, FL 33149 still available?
151 Crandon Boulevard 122, Key Biscayne, FL 33149 is currently listed as Under Contract, and has been on the market 61 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 151 Crandon Boulevard 122, Key Biscayne, FL 33149?
With 20% down ($287,600) on the $1,438,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 151 Crandon Boulevard 122, Key Biscayne, FL 33149 is about $7,557/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 151 Crandon Boulevard 122, Key Biscayne, FL 33149?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 151 Crandon Boulevard 122, Key Biscayne, FL 33149. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 151 Crandon Boulevard 122, Key Biscayne, FL 33149 have an HOA fee?
Yes: 151 Crandon Boulevard 122, Key Biscayne, FL 33149 carries an HOA fee of about $4,532 quarterly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 151 Crandon Boulevard 122, Key Biscayne, FL 33149?
151 Crandon Boulevard 122, Key Biscayne, FL 33149 is zoned for Key Biscayne K-8 (elementary), Ponce De Leon (middle), Coral Gables (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 151 Crandon Boulevard 122, Key Biscayne, FL 33149?
Often, yes. The right offer on 151 Crandon Boulevard 122, Key Biscayne, FL 33149 depends on how it's priced against comparable condo sales in Key Biscayne, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Xcellence

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 3, 2026.

$1,438,000

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Listed by Fernanda Paschoalim De Castro, Xcellence

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