Atlantic Luxury AdvisorsKeller Williams Realty Services
151 Crandon Blvd #540 photo 1151 Crandon Blvd #540 photo 2151 Crandon Blvd #540 photo 3151 Crandon Blvd #540 photo 4151 Crandon Blvd #540 photo 5

48 photos

151 Crandon Blvd #540

Key Biscayne, FL 33149

$1,890,000
2
2
1,532 sq ft
1980
1 car
Condominium
$2,016/mo
Yes
0
Active

Listing courtesy of Necdot (Pedro Mingo). Contact: [email protected].

About this home

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.

Virtual tour
What it costs to own
Estimated monthly payment
$15,605/mo
Principal and interest
$9,557
Property tax
$2,849
Homeowners insurance
$1,183
HOA
$2,016

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$34,186/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.

HOA
$2,016/mo (from the listing)
FEMA flood zone
Lookup unavailable. Check the FEMA map
Hurricane evacuation zone
Lookup unavailable. Know your zone

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Florida condo safety laws

Key Colony 3 Condo was built in 1980, according to the county property appraiser.

If it has three or more habitable stories, Florida law (s. 553.899, F.S.) requires a milestone structural inspection by December 31 of the year it reaches 30 years of age, then every 10 years; for a building of this age the first one was due by December 31, 2024. A local building official may require it at 25 years near salt water.

Condominium buildings of three or more stories also need a structural integrity reserve study (s. 718.112(2)(g), F.S.) at least every 10 years; associations formed on or before July 1, 2022 had to complete one by December 31, 2025.

Dates follow from the statutes and the year the county appraiser lists for the building, not from the association's records. Ask the association for its milestone inspection report, its most recent structural integrity reserve study and any approved or proposed special assessments, and review them before you buy.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.