Condo Listing
Emerald Bay at Key Colony · #320
$1,150,000
No longer on the market
151 Crandon Blvd #320, Key Biscayne, FL, 33149 · Key Biscayne

151 Crandon Blvd #320, Key Biscayne, FL, 33149 · Key Biscayne

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Listed HOA: $5,427 · Last reported tax: $13,080/yr
AMAZING OPPORTUNITY! Step into luxury and exclusive Key Biscayne with this spectacular apartment! Featuring 2 bedrooms + den, 2 baths in over 1,480 square feet of living space. The unit comes with 2 parking spaces. This pristine apartment has an abundance of natural light! Located in a family-friendly building with direct beach access, indulge in resort-style amenities including a guarded gate, 24-hr security, concierge, heated pool & jacuzzi, gym, 12 tennis courts, playground, and more! The unit is currently leased until 12/15/2025 for $6,300/mo. offering an incredible investment opportunity.
Unit 320 has 5 MLS listing records since 2021: 3 for sale and 2 for rent. It last sold for $825,000 in September 2021.
Listed for sale at $1,250,000 (originally $1,290,000)
View listing A11988055Listed for sale at $1,150,000
Listed for rent at $6,200/mo (originally $6,800/mo)
Leased for $6,200/mo on Dec 14, 2022
View listing A11252476Listed for rent at $7,000/mo (originally $8,000/mo)
Leased for $6,500/mo on Jun 2, 2022
View listing A11142466Sale at $799,000
Sold for $825,000 on Sep 29, 2021
Source: MLS listing records. Dates and prices are as entered by listing brokerages.
Emerald Bay at Key Colony, also marketed as Key Colony III Emerald Bay, is a 12-story oceanfront condominium at 151 Crandon Boulevard on Key Biscayne, the third of four towers in the gated Key Colony community developed by Fritz Scharenberg between 1978 and 1981. Emerald Bay at Key Colony was completed in 1980 and contains 285 residences in one-, two-, three- and four-bedroom layouts that span roughly 1,103 to 3,771 square feet, with many homes laid out as flow-through plans that capture both Atlantic Ocean and Biscayne Bay exposures. The Emerald Bay tower carries the same pyramid-stepped slope geometry that defines the rest of the Key Colony master plan, with terraced balconies that step back at the two ends of the building. The Emerald Bay parcel sits in the middle of the Key Colony grounds, with Tidemark to the north at 201 Crandon Boulevard, Oceansound just beyond, Botanica to the south at 101 Crandon Boulevard and the Key Colony Olympic lap pool, tennis center and dune-side beach walk stretching across the 40-plus acre site. Crandon Park and Crandon Park Beach lie at the northern tip of the island near Emerald Bay, with the Crandon Park Tennis Center, Crandon Park Golf Course and the Village of Key Biscayne village core south along Crandon Boulevard. Residences at Emerald Bay at Key Colony feature private balconies, floor-to-ceiling glass, updated kitchens with stone counters in most renovated homes and generous primary suites. Owners share the Key Colony amenity package, which includes the building-specific oversized Emerald Bay swimming pool and Jacuzzi, the Olympic lap pool at the heart of the community, an adults-only oceanfront pool, twelve tennis courts at the Key Colony tennis center, a fitness center, sauna and steam, a beachfront restaurant and snack bar, a salon and spa, a kids' playground, a dog park, a small market and deli inside the gates, jogging paths through tropical gardens, a manned gatehouse with 24-hour security, concierge and valet service. The historical footnote that Fritz Scharenberg paid 1.8 million dollars in 1977 to extend the mainland water main to Key Biscayne specifically to serve Key Colony remains part of the community's founding story.
151 Crandon Blvd #320, Key Biscayne, FL, 33149