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151 Crandon Boulevard 540, Key Biscayne, FL 33149
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0 Days on Market
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How this price compares

List price
$1,890,000
Price per sq ft
$1,234
Original price
Unchanged
Days on market
N/A

This 2-bedroom condo in The Emeraldbay @ Key Colo is listed at $1,890,000, or $1,234 per square foot.

2
Bedrooms
2
Bathrooms
1,532
Living Sq Ft
1980
Year Built

Estimated monthly payment

$9,933 /mo

Principal and interest only, based on $378,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

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Listing Snapshot

Price
$1,890,000
Days on Site
0 Days
Bedrooms
2
Total Baths
2
Full Baths
2
Partial Baths
0
Living Area
1,532 sqft
Total Sq Ft
1,532 sqft
Year Built
1980
Property Type
Condo
MLS #
A12103163
Property Tax
$14,400 (2026)
HOA Fees
$6,048 / Quarterly
Subdivision
THE EMERALDBAY @ KEY COLO
County
Miami Dade
Status
Active
Special Conditions
Listed As Is

About This Property

Experience the pinnacle of island living in this meticulously fully renovated and modernized residence at Emerald Bay, Key Colony. This rare 2-bedroom + den (convertible to a 3rd bedroom), 2-bathroom home offers over 1,532 SF of bright, contemporary living space, seamlessly blending indoor elegance.The interiors have been thoughtfully redesigned with high-end finishes, custom built-ins, and a clean, minimalist aesthetic that makes it truly move-in ready. Located on the first floor, you are just steps away from the direct beach access that defines the Key Colony lifestyle.Investment Peace of Mind: The building is completing exterior renovations (expected within months).Key Colony is a premier resort-style community featuring:Direct beach access multiple oceanfront pools.12 tennis courts, a state-of-the-art gym, and a lap pool.Dog park, children’s playground, and 24-hour guard-gated security.1 assigned parking space (additional rentals available via management).A unique opportunity to own a piece of paradise in Key Biscayne with unmatched outdoor space. Easy to show. Modern luxury meets island tranquility.

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General Features

Property Type
Condo
Status
Active
Year Built
1980
Property Condition
Resale / Updated Remodeled
Number of Stories
12
Garage Spaces
1
Living Sq Ft
1,532
Total Sq Ft
1,532

Interior Features

Appliances
Dryer / Dishwasher / Microwave / Oven / Refrigerator / Washer
Cooling
Central Air
Heating
Central
Flooring
Tile
Interior Features
Breakfast Area / Elevator / Living Dining Room / Other
Total Rooms
1

Exterior Features

Construction
Other
Exterior Features
None
Architectural Style
Other
Private Pool
Yes
Pool Features
Private / Association
View
Other

Community & HOA

HOA Fee
$6,048 / Quarterly
HOA Includes
Cable Tv / Insurance / Internet
Association Amenities
Car Wash Area / Fitness Center / Playground / Pool / Sauna / Tennis Courts / Elevators
Community Features
Home Owners Association
Security
Closed Circuit Cameras / Fire Alarm / Lobby Secured / Smoke Detectors
Pets Allowed
Yes
55+ Community
Yes
Financing Terms
Conventional
MLS Area
2420

This home's HOA fee works out to $2,016 a month, 20% 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 540, Key Biscayne, FL 33149?
Use the Tour button on this listing to request a showing of 151 Crandon Boulevard 540, 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 540, Key Biscayne, FL 33149 still available?
151 Crandon Boulevard 540, Key Biscayne, FL 33149 is currently listed as Active. 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 540, Key Biscayne, FL 33149?
With 20% down ($378,000) on the $1,890,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 151 Crandon Boulevard 540, Key Biscayne, FL 33149 is about $9,933/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 540, 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 540, 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 540, Key Biscayne, FL 33149 have an HOA fee?
Yes: 151 Crandon Boulevard 540, Key Biscayne, FL 33149 carries an HOA fee of about $6,048 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 540, Key Biscayne, FL 33149?
151 Crandon Boulevard 540, 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 540, Key Biscayne, FL 33149?
Often, yes. The right offer on 151 Crandon Boulevard 540, 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 Necdot

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 October 9, 2026.

$1,890,000

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Listed by Pedro Mingo, Necdot

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