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| Sold Price | $990,000 |
|---|---|
| Last Asking Price | $1,235,000 |
| Price per SqFt | $640 |
| Maintenance Fee | $1,880 Monthly |
| Property Taxes | $12,962 2024 |
| Interior Space | 1,547 SqFt |
| Beds/Baths | 2/2 |
| Year Built | 1980 |
| Closed Date | 1/16/2026 |
| MLS # | A11917897 |
Location
From the listing
Elevated and turnkey, this bright 2BD/2BA residence at Key Colony – Emerald Bay offers 1,547 sq. ft. of refined living plus a 120+ sq. ft. terrace overlooking tranquil bay, ocean breezes, and iconic island sunsets. The open-concept layout showcases a chef’s kitchen, two spacious primary suites, spa-inspired bathrooms, custom built-ins, a large laundry room, and fresh white paint throughout. Enjoy resort-style living with direct beach access, 12 tennis courts, multiple pools, fitness center, spa, market, salon, playground, and 24-hr concierge. Covered parking included. Experience the signature Key Biscayne lifestyle—luxury, comfort, and serenity in perfect balance.
Listed by EXP Realty LLC
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $1,880 a month; taxes $12,962 for 2024. MLS figures, which may not be accurate.
Sales History for This Unit · Key Colony III Emerald Bay Unit 206
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 (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 ⇅ |
|---|---|---|---|
| 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 EXP Realty LLC. 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 206, 151 Crandon Blvd · MLS A11917897 · Sold Jan 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 206 sold at $640 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.


