
Property Details
| Sold Price | $850,500 |
|---|---|
| Last Asking Price | $900,000 |
| Price per SqFt | $550 |
| Maintenance Fee | $5,641 Quarterly |
| Property Taxes | $13,105 2024 |
| Interior Space | 1,547 SqFt |
| Beds/Baths | 2/2 |
| Year Built | 1980 |
| Closed Date | 7/15/2025 |
| MLS # | A11789963 |
Location
From the listing
Opportunity knocks in the heart of Key Biscayne ! This spacious 2 bedroom/2 bathroom ground floor residence w/den is located in the highly sought-after Emerald Bay at Key Colony -an exclusive , resort style community. This is the perfect canvas for investors or end-users looking to create their dream island retreat . This property has been placed in an upcoming event. All bids should be submitted at Xome void where prohibited. Please submit any pre-auction offer received through the property details page on Xome. Any post-auction offers will need to be submitted directly to the listing agent. Response within 3 business days. All properties are subject to a buyer's premium pursuant to the Auction Participation Agreement and Terms & Conditions minimums will apply.
Listed by K & M Realty Holdings Corporation
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $5,641 a quarter; taxes $13,105 for 2024. MLS figures, which may not be accurate.
Sales History for This Unit · Key Colony III Emerald Bay Unit 138
Sales history is unavailable for this property
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
Below, the most recent sales most like this unit: units with the same bedroom count.
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| 122 | $1,380,000$941/SqFt | 96% | 10/15/26 |
| 241 | $1,400,000$914/SqFt | 93% | 9/14/26 |
| 626 | $1,250,000$816/SqFt | 97% | 9/2/26 |
| 702 | $1,250,000$830/SqFt | 89% | 7/31/26 |
| 602 | $1,060,000$722/SqFt | 100% | 7/7/26 |
| 1002 | $1,705,000$1,132/SqFt | 101% | 6/26/26 |
| 600 | $1,140,000$757/SqFt | 92% | 6/23/26 |
| 136 | $1,400,000$914/SqFt | 97% | 4/10/26 |
For a full analysis of past sales in this development, contact Mark Zilbert.

Listed by K & M Realty Holdings Corporation. 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 138, 151 Crandon Blvd · MLS A11789963 · Sold Jul 2025
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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 138 sold at $550 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.


