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+5 photosLuxury condo — 151 Crandon Boulevard 320 · The Emeraldbay @ Key Colo · Key Biscayne
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Open property magazine$1,250,000
151 Crandon Boulevard 320, Key Biscayne, FL 33149
Key Biscayne, FL, 33149
2 bd · 2 ba · 1,488 sqft
Listed by Fortune Christie's International Real Estate
151 Crandon Boulevard 320, Key Biscayne, FL 33149
Listed by Fortune Christie's International Real Estate
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Estimated monthly payment
$13,998/mo
Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
Estimated monthly payment $13,998/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
Insurance and flood: AE · verify insurance quotes before buying.
About this home
Find similar homesThis 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.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
230 days on market
Longer time on market usually means the seller is more open to negotiating on price and terms.
Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.
Building health
- Building
- THE EMERALDBAY @ KEY COLO· MLS
- Year built
- 1980· MLS
- Stories
- 12· MLS
- Units
- Not provided —
- Milestone inspection
- Not provided —
- Milestone date
- Not provided —
- SIRS
- Not provided —
- SIRS date
- Not provided —
- Special assessments
- Not provided —
- Assessment amount
- Not provided —
- Assessment purpose
- Not provided —
- Assessment due date
- Not provided —
- Reserves
- Not provided —
- Minimum lease term
- Not provided —
- Rentals per year
- Not provided —
- Pet rules
- Yes· MLS
- Age restriction (55+)
- Not provided —
- HOA fee
- $5,875 / month · billed Monthly· MLS
Last updated Not provided, source: MLS remarks —
Always review the association's milestone inspection report, SIRS, budget and the last 24 months of board minutes before you buy.
Property Details
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Your costs (est.)
≈ $13,998/mo
151 Crandon Boulevard 320, Key Biscayne, FL 33149 · Key Biscayne
Location
151 Crandon Boulevard 320, Key Biscayne, FL 33149
What buyers ask about this home
What are the estimated monthly carrying costs at 151 Crandon Boulevard 320, Key Biscayne, FL 33149?+
Property tax (after sale): $1,347/month est.; homeowners insurance: $290/month est.; HOA: $5,875/month. Fixed ownership costs before a mortgage: $7,512/month est. Principal and interest: $6,486/month; PMI: $0/month. Total for the payment scenario shown: $13,998/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 151 Crandon Boulevard 320, Key Biscayne, FL 33149?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 151 Crandon Boulevard 320, Key Biscayne, FL 33149 need flood insurance, and what drives the premium?+
Most of Key Biscayne sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should I check about the association before buying 151 Crandon Boulevard 320, Key Biscayne, FL 33149?+
For a Florida condo, review the milestone structural inspection and the Structural Integrity Reserve Study, current reserve balances, any pending or recently voted special assessment, the association's insurance and its litigation history. Ask how many units are owner-occupied and whether the lender will approve the building — a poorly funded association is the single biggest hidden cost in a condo purchase.
Can 151 Crandon Boulevard 320, Key Biscayne, FL 33149 be rented out?+
Rental rules are set by the association's documents, not the MLS. Many Key Biscayne luxury buildings limit leases to once or twice a year with a minimum term and require board approval and an application fee. Request the declaration and rules before your inspection period ends if rental income matters to your plan.
Is there room to negotiate on 151 Crandon Boulevard 320, Key Biscayne, FL 33149?+
This listing has been on the market 230 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Located in Key Biscayne, this property offers the South Florida lifestyle — warm-weather living year-round with easy access to the Atlantic coast, A-rated schools, and major business centers.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Ponce de Leon Middle
Middle school
Coral Gables Senior High
High school
Zone boundaries published by Miami-Dade County Public Schools.
Other options for this address
Key Biscayne Presbyterian School
Elementary · Private · Christian · Grades PK–K · Key Biscayne
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
The home, in a magazine
A closer look at this home and its lifestyle — dedicated to you and your family.
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Simon Gedz
Realtor® since 1995
Interested in this property?
$1,250,000 · MLS A11988055
$1,250,000
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