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151 Crandon Boulevard 725, Key Biscayne, FL 33149
Sold
16 Days on Market
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$2,750,000

Sold · July 7, 2025

151 Crandon Boulevard 725

Key Biscayne, FL 33149

THE EMERALDBAY @ KEY COLO

Explore the area: Key Biscayne homes for sale · Miami Dade County real estate

What this home sold for

Sold price
$2,750,000
Vs. list price
At list
Days on market
16
Price per sq ft
$892

This 4-bedroom condo in The Emeraldbay @ Key Colo sold for $2,750,000 on July 7, 2025. That was exactly its final list price of $2,750,000. It spent 16 days on the market. At $892 per square foot, it closed 3.1% above the $865 median of the 6 other condo sales in the recent closings shown below.

4
Bedrooms
4
Bathrooms
3,083
Living Sq Ft
1980
Year Built

Listing Snapshot

Sold Price
$2,750,000
Sold On
July 7, 2025
Days on Site
16 Days
Bedrooms
4
Total Baths
4
Full Baths
4
Partial Baths
0
Living Area
3,083 sqft
Total Sq Ft
3,083 sqft
Year Built
1980
Property Type
Condo
MLS #
A11776919
Property Tax
$29,740 (2024)
HOA Fees
$11,721 / Quarterly
Subdivision
THE EMERALDBAY @ KEY COLO
Development
Key Colony
County
Miami Dade
Status
Sold

About This Property

RARELY AVAILABLE! South Side 4 Bedroom, 4 Bath Unit With Views Of The Island, Bay & Sunsets! Contemporary, Off White Interior Features Raised Ceilings In All Bathrooms & Hallways! Hard Surface Flooring Throughout! Gourmet Kitchen Offers Miele, Subzero & Thermador Appliances! Interior Features Recessed Lighting, Built-In Closest and Bookcases. Split Bedroom Floor Plan, With 2 Bedrooms & 2 Bathrooms On Either Side Of The Living Room Offers Maximum Privacy! Large Laundry Room With Plenty Of Storage! Long 54+ Foot Terrace Offers Plenty Of Room For Outdoor Entertaining! Special assessment have been paid in full.

MLS media link

General Features

Property Type
Condo
Status
Sold
Year Built
1980
Property Condition
Resale
Number of Stories
12
Garage Spaces
1
Parking
Assigned / Covered
Living Sq Ft
3,083
Total Sq Ft
3,083

Interior Features

Appliances
Dryer / Dishwasher / Electric Range / Electric Water Heater / Ice Maker / Microwave / Refrigerator / Washer
Cooling
Electric
Heating
Electric
Flooring
Tile
Interior Features
Bedroom On Main Level / Entrance Foyer / Living Dining Room / Split Bedrooms / Walk In Closets

Exterior Features

Construction
Block
Exterior Features
Balcony / Lighting / Outdoor Living Area
Pool Features
Association
Patio & Porch
Open / Balcony
Waterfront
Yes
Waterfront Features
Beach Access / Deeded Access / Ocean Access / Ocean Front
View
Bay / Other / Water

Community & HOA

HOA Fee
$11,721 / Quarterly
HOA Includes
Common Areas / Sewer / Trash / Water
Association Amenities
Bike Storage / Clubhouse / Car Wash Area / Fitness Center / Maintenance Grounds / Management / Other / Playground / Pool / Tennis Courts / Trash / Elevators
Community Features
Home Owners Association
Security
Other / Security Fence / Security Guard
Pets Allowed
Yes
55+ Community
Yes
Financing Terms
Cash
Restrictions
Other Restrictions
MLS Area
2420

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 725, Key Biscayne, FL 33149?
Use the Tour button on this listing to request a showing of 151 Crandon Boulevard 725, 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 725, Key Biscayne, FL 33149 still available?
151 Crandon Boulevard 725, Key Biscayne, FL 33149 is currently listed as Sold, and has been on the market 16 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 725, Key Biscayne, FL 33149?
With 20% down ($550,000) on the $2,750,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 151 Crandon Boulevard 725, Key Biscayne, FL 33149 is about $14,452/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 725, 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 725, 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 725, Key Biscayne, FL 33149 have an HOA fee?
Yes: 151 Crandon Boulevard 725, Key Biscayne, FL 33149 carries an HOA fee of about $11,721 quarterly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
Can I negotiate the price of 151 Crandon Boulevard 725, Key Biscayne, FL 33149?
Often, yes. The right offer on 151 Crandon Boulevard 725, 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 July 1, 2026.

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Listed by Douglas A Kinsley, Fortune Christie's International Real Estate

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