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| Sold Price | $780,000 |
|---|---|
| Last Asking Price | $835,000 |
| Price per SqFt | $707 |
| Maintenance Fee | $1,451 Monthly |
| Property Taxes | $7,369 2025 |
| Interior Space | 1,103 SqFt |
| Beds/Baths | 1/1½ |
| Year Built | 1980 |
| Closed Date | 7/20/2026 |
| MLS # | A11969687 |
Location
From the listing
Welcome to this unique and rarely available 1-bedroom, 1.5 bath move-in ready LANAI residence. Located in a resort-style beachfront development. The oversized walled-in patio provides direct and convenient access to the pool, gym, gardens and other amenities. Master bedroom has two closets, including a large walk-in closet, updated en-suite bathroom and a large impact window and door overlooking & leading to the beautiful patio. This lovely home also features high ceilings, high impact window and doors, washer/dryer, plenty of closets and one assigned covered parking space. Located in a 24hr full-service building. Amenities include guarded gate at Key Colony's main entrance, attendant at lobby, olympic size swimming pool, 12 tennis courts, children's playground, dog park, food market (Golden Hog), beauty salon, outdoor casual dining by the main pool and beach. Enjoy Key Biscayne Island Paradise lifestyle. Walking distance to the beach, parks, dining, shopping, and top rated public and private schools. Dog friendly building. No pending special assessments. Photos of the dining/living area, patio and bedroom have been digitally staged.
Listed by Arch Realty Inc
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $1,451 a month; taxes $7,369 for 2025. MLS figures, which may not be accurate.
Sales History for This Unit · Key Colony III Emerald Bay Unit 127
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A11237922 | $800,000 | 10/7/22 |
What Other Units Have Been Selling For at Key Colony III Emerald Bay
15 units sold at Key Colony III Emerald Bay in the last 12 months at an average of $857/SqFt (this sale among them)
Below, the most recent sales most like this unit: units with the same bedroom count.
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| 127 | $800,000$725/SqFt | 97% | 10/7/22 |
For a full analysis of past sales in this development, contact Mark Zilbert.

Listed by Arch Realty Inc. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Key Biscayne and throughout South Florida.
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Key Colony III Emerald Bay Unit 127, 151 Crandon Blvd · MLS A11969687 · Sold Jul 2026
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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.
More at Key Colony III Emerald Bay
At Key Colony III Emerald Bay, 7 of 283 units are for sale and 15 sold in the last 12 months at an average of $857 per SqFt. Unit 127 sold at $707 per SqFt, below the building's average at the time. Figures compiled by Mark Zilbert, a Key Biscayne real estate agent with ONE Sotheby's International Realty, from MLS records.


