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$1,620,000
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Property Description
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), and the Special Assessment has been FULLY PAID by the seller. 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.
Full Property Details
Full Property Details for 151 Crandon Blvd #540
General
- Price: $1,620,000
- HOA FEE: $1,941/month
- Taxes: $15,300 (2026)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A11980043
- Updated: 3/13/2026
- Added to Site: 15 day(s) ago
Interior
- Appliances: Dishwasher, Dryer, Washer
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
- Bedroom Features: Other
Additional Information
- Shared Amenities: Exercise Room, Tennis Court(s), Vehicle Wash Area
- Maint. Includes: All Amenities, Cable Tv, Internet/WiFi, Security, Water
- Security/Safety: Smoke Detector, Complex Fenced, Doorman, Card Entry, TV Camera
Exterior
- Exterior Features: None, Open Balcony
- Deck/Patio: Open Balcony
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: 1 Space
Location
- Area: The Emeraldbay @ Key Colo
- County: Miami-Dade County
- Subdivision: THE EMERALDBAY @ KEY COLO
- Building Name: THE EMERALDBAY
School Information
- Elementary School: Keybiscayne
- Middle School: Ponce De Leon
- High School: Coral Gables
Community
- Community Name: The Emeraldbay @ Key Colo
- Association: Yes
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric
Structural Information
- Structure Type: Condo 5+ Stories, Condo
- Detached/Attached: Attached
- Construction: Other
- Entry Floor Number: 5
- Building Size: 1532
- Square Feet: 1,532
- Living Area: 1,532 Sq. Ft.
- Year Built: 1980
Lot Features
- Property View: Other View
Financial Considerations
- Price Per Sq. Ft.: $1,057.44
- Association Fee: $1,941
- Assoc Fee Freq.: Monthly
- Tax Amount: $15,300
- Tax Year: 2026
- Terms: All Cash, Conventional, Exchange
Disclosures and Reports
- Legal Description: THE EMERALDBAY @ KEY COLONY CONDO UNIT 540 UNDIV 003066% INT IN COMMON ELEMENTS OFF REC 10846-1456 19385-726 OR 12468-257 0485 1
- Restrictions: No Daily Rentals
- Property ID: 24-42-32-019-2550
Listed by Unique International Properties
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Schools
Schools serving 151 Crandon Blvd #540
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Key Biscayne K-8 Center 150 West McIntyre Street, Key Biscayne, FL 33149 | PK-5 | 0.5 mi |
Ponce De Leon Middle School 5801 Augusto Street, Coral Gables, FL 33146 | 6-8 | 7 mi |
Coral Gables Senior High School 450 Bird Road, Coral Gables, FL 33146 | 9-12 | 6.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 151 Crandon Blvd #540
Date
Details
Price
Change
Source
3/10/2026
Listed
$1,620,000
80%
MLS
4/14/2025
Sold
$900,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 151 Crandon Blvd #540
Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,350
3%
$871,036
-3%
2024
$12,921
2%
$897,975
-2%
2023
$12,644
32%
$921,000
61%
2021
$9,612
-10%
$571,800
-19%
2022
$10,722
12%
$708,460
24%
2021
$9,612
-8%
$571,817
-9%
2019
$10,394
10%
$628,000
6%
2018
$9,488
10%
$589,718
10%
2017
$8,660
-24%
$536,108
-9%
2016
$11,468
19%
$589,260
10%
2015
$9,626
10%
$535,691
10%
2014
$8,775
15%
$486,992
10%
2013
$7,624
—
$442,720
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 151 Crandon Blvd #540
151 Crandon Blvd #540, Key Biscayne, FL 33149 (MLS# A11980043) is a Condo property with 2 bedrooms and 2 full bathrooms. 151 Crandon Blvd #540 is currently listed for $1,620,000 and was received on March 10, 2026. Want to learn more about 151 Crandon Blvd #540? Do you have questions about finding other Condo real estate for sale in Key Biscayne? You can browse all Key Biscayne real estate or contact a Coldwell Banker agent to request more information.

