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151 Crandon Boulevard 320, Key Biscayne, FL 33149
Under Contract
200 Days on Market
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How this price compares

Asking price
$1,250,000
Price per sq ft
$840
Vs. nearby sales
In line
Days on market
200

This 2-bedroom condo in The Emeraldbay @ Key Colo went under contract with an asking price of $1,250,000, or $840 per square foot. The asking price has come down 3.1% from its original $1,290,000. It spent 200 days on the market before going under contract. The 6 most recent condo sales in the closings shown below sold at a median of $865 per square foot, so the asking price was in line with what comparable homes here actually sold for.

2
Bedrooms
2
Bathrooms
1,488
Living Sq Ft
1980
Year Built

Estimated monthly payment

$6,569 /mo

Principal and interest only, based on $250,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $5,875/mo HOA are not included.

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Listing Snapshot

Price
$1,250,000
Days on Site
200 Days
Bedrooms
2
Total Baths
2
Full Baths
2
Partial Baths
0
Living Area
1,488 sqft
Total Sq Ft
1,488 sqft
Year Built
1980
Property Type
Condo
MLS #
A11988055
Property Tax
$13,080 (2024)
HOA Fees
$5,875 / Monthly
Subdivision
THE EMERALDBAY @ KEY COLO
County
Miami Dade
Status
Under Contract
Special Conditions
Listed As Is

About This Property

This bright and well-designed 2-bedroom, 2-bath residence with a den/office offers a versatile layout suited for a variety of living needs. The open living and dining areas create a welcoming environment, enhanced by natural light and a seamless flow for everyday living and entertaining. This residence also includes two parking spaces, a valuable and less commonly available.Residents enjoy access to a wide range of thoughtfully maintained amenities, including direct beach access, multiple pool options such as an oceanfront pool and lap pool, as well as tennis courts and outdoor recreational spaces. A renovated fitness center offers added convenience for wellness routines.The community also features landscaped grounds, gathering areas, and guest parking for added ease. Located in Key Biscayne, the property offers proximity to local dining, shopping, and outdoor activities, providing a balanced and convenient coastal lifestyle.Note, some photos may have been artifically staged or enhanced.

MLS media link

General Features

Property Type
Condo
Status
Under Contract
Year Built
1980
Property Condition
Resale
Number of Stories
12
Garage Spaces
2
Parking
Covered / Golf Cart Garage / Guest
Living Sq Ft
1,488
Total Sq Ft
1,488

Interior Features

Appliances
Dryer / Dishwasher / Electric Water Heater / Disposal
Cooling
Central Air / Electric
Heating
Central
Flooring
Tile
Interior Features
Closet Cabinetry / Elevator / Main Level Primary
Laundry
Washer Hookup / Dryer Hookup / Laundry Tub
Windows
Blinds / Drapes / Rods
Total Rooms
1

Exterior Features

Construction
CBS Concrete Block Structure / Block
Exterior Features
Balcony / Outdoor Living Area
Pool Features
Association
Patio & Porch
Open / Balcony
View
Garden

Community & HOA

HOA Fee
$5,875 / Monthly
HOA Includes
Maintenance Structure
Association Amenities
Billiard Room / Bike Storage / Clubhouse / Fitness Center / Maintenance Grounds / Pool / Tennis Courts / Trash
Community Features
Home Owners Association
Security
Fire Alarm / Fire Sprinkler System / Other
Pets Allowed
Yes
Financing Terms
Cash / Conventional
Restrictions
Limited Number Vehicles / No Rv
MLS Area
2420

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
3
Under Contract
4
Median List Price
$2,450,000
Median $/Sq Ft
$1,234
Avg Days on Market
76
View all 3 homes for sale in The Emeraldbay @ Key Colo →
How do I schedule a tour of 151 Crandon Boulevard 320, Key Biscayne, FL 33149?
Use the Tour button on this listing to request a showing of 151 Crandon Boulevard 320, 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 320, Key Biscayne, FL 33149 still available?
151 Crandon Boulevard 320, Key Biscayne, FL 33149 is currently listed as Under Contract, and has been on the market 200 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 320, Key Biscayne, FL 33149?
With 20% down ($250,000) on the $1,250,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 151 Crandon Boulevard 320, Key Biscayne, FL 33149 is about $6,569/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 320, 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 320, 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 320, Key Biscayne, FL 33149 have an HOA fee?
Yes: 151 Crandon Boulevard 320, Key Biscayne, FL 33149 carries an HOA fee of about $5,875 monthly. 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 320, Key Biscayne, FL 33149?
151 Crandon Boulevard 320, 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 320, Key Biscayne, FL 33149?
Often, yes. The right offer on 151 Crandon Boulevard 320, 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 Fortune Christie's International Real Estate

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 June 23, 2026.

$1,250,000

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Listed by Rita Benavides-Munoz, Fortune Christie's International Real Estate

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