Key Colony
One development · 4 towers, each with its own address · Key Biscayne
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Mark Zilbert is a Key Biscayne real estate agent who follows every listing and sale at Key Colony. Buyers and sellers can call or text Mark at (786) 280-0201.
About Key Colony
Key Colony is the gated oceanfront complex of four condos on Crandon Boulevard, about 1,170 residences built 1978 to 1981. Developer Fritz Scharenberg planned it, and paid for a new water main from the mainland in 1977 to serve it. Tidemark, Oceansound and Emerald Bay are 12-story buildings with a pyramid profile sloped at 32 degrees, which gives each floor more privacy, and the four-story Botanica was laid out around living gardens. The complex won the NAHB Grand Award in 1980, and residents share a private beach, 12 tennis courts and an Olympic lap pool.
By Mark Zilbert, Global Real Estate Advisor · updated October 2026

The Towers
Key Colony I Tidemark
Key Colony II Oceansound
Key Colony III Emerald Bay
Key Colony IV Botanica
For Sale
14 units across all 4 towers
| Unit ⇅ | Tower ⇅ | Price ⇅ | Listed ⇅ |
|---|---|---|---|
| 1633 bed · 2,604 SqFt | I Tidemark | $2,865,000$1,100/SqFt · ▼4.5% | 4/9/264/9 |
| 6432 bed · 1,950 SqFt | I Tidemark | $2,800,000$1,436/SqFt | 6/24/266/24 |
| 11303 bed · 2,001 SqFt | III Emerald Bay | $2,650,000$1,324/SqFt | 9/9/269/9 |
| 3453 bed · 2,330 SqFt | III Emerald Bay | $2,280,000$979/SqFt · ▼13.9% | 4/2/264/2 |
| 2273 bed · 1,546 SqFt | II Oceansound | $1,900,000$1,229/SqFt | 9/24/259/24/25 |
| 5402 bed · 1,532 SqFt | III Emerald Bay | $1,890,000$1,234/SqFt | 10/8/2610/8 |
| 3013 bed · 1,820 SqFt | IV Botanica | $1,890,000$1,038/SqFt · ▼4.5% | 7/6/267/6 |
| 3102 bed · 1,882 SqFt | III Emerald Bay | $1,690,000$898/SqFt | 10/5/2610/5 |
| 5302 bed · 1,531 SqFt | I Tidemark | $1,599,900$1,045/SqFt | 7/31/267/31 |
| 2652 bed · 1,790 SqFt | IV Botanica | $1,495,000$835/SqFt | 8/21/268/21 |
| 3202 bed · 1,488 SqFt | III Emerald Bay | $1,250,000$840/SqFt · ▼3.1% | 10/19/2610/19 |
| 6051 bed · 1,059 SqFt | I Tidemark | $1,075,000$1,015/SqFt | 10/12/2610/12 |
| 3292 bed · 1,470 SqFt | IV Botanica | $970,000$660/SqFt | 10/20/2610/20 |
| 9321 bed · 1,089 SqFt | I Tidemark | $875,000$803/SqFt · ▼3.8% | 4/16/264/16 |
Pending Sales
| Unit ⇅ | Tower ⇅ | Price ⇅ | Pending ⇅ |
|---|---|---|---|
| 1382 bed · 1,547 SqFt | III Emerald Bay | $1,800,000$1,164/SqFt · ▲5.9% | 10/13/2610/13 |
| 1753 bed · 2,604 SqFt | I Tidemark | $4,450,000$1,709/SqFt | 9/30/269/30 |
| 1703 bed · 1,720 SqFt | IV Botanica | $1,470,000$855/SqFt · ▼7.5% | 9/29/269/29 |
| 1744 bed · 3,254 SqFt | I Tidemark | $5,100,000$1,567/SqFt | 9/28/269/28 |
| 10352 bed · 1,547 SqFt | III Emerald Bay | $1,690,000$1,092/SqFt | 7/1/267/1 |
Sold · Last 12 Months
| Unit ⇅ | Tower ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed ⇅ |
|---|---|---|---|---|
| 1222 bed · 1,467 SqFt | III Emerald Bay | $1,380,000list $1,438,000 | 96% | 10/15/2610/15 |
| 3083 bed · 1,720 SqFt | IV Botanica | $1,115,000list $1,150,000 | 97% | 9/25/269/25 |
| 7072 bed · 1,880 SqFt | I Tidemark | $2,100,000list $2,100,000 | 100% | 9/22/269/22 |
| 2412 bed · 1,532 SqFt | III Emerald Bay | $1,400,000list $1,500,000 | 93% | 9/14/269/14 |
| 6262 bed · 1,532 SqFt | III Emerald Bay | $1,250,000list $1,295,000 | 97% | 9/2/269/2 |
| 2272 bed · 1,531 SqFt | I Tidemark | $1,200,000list $1,599,000 | 75% | 8/27/268/27 |
| 4242 bed · 1,531 SqFt | I Tidemark | $1,300,000list $1,349,000 | 96% | 8/6/268/6 |
| 7022 bed · 1,506 SqFt | III Emerald Bay | $1,250,000list $1,399,000 | 89% | 7/31/267/31 |
| 1271 bed · 1,103 SqFt | III Emerald Bay | $780,000list $835,000 | 93% | 7/20/267/20 |
| 1062 bed · 1,600 SqFt | IV Botanica | $1,110,000list $1,210,000 | 92% | 7/17/267/17 |
| 3313 bed · 1,790 SqFt | IV Botanica | $1,330,000list $1,395,000 | 95% | 7/16/267/16 |
| 4052 bed · 1,600 SqFt | IV Botanica | $1,080,000list $1,150,000 | 94% | 7/13/267/13 |
| 1432 bed · 1,541 SqFt | I Tidemark | $1,525,000list $1,699,000 | 90% | 7/13/267/13 |
| 2373 bed · 1,600 SqFt | IV Botanica | $1,200,000list $1,250,000 | 96% | 7/10/267/10 |
| 6022 bed · 1,469 SqFt | III Emerald Bay | $1,060,000list $1,060,000 | 100% | 7/7/267/7 |
| 1332 bed · 1,537 SqFt | II Oceansound | $1,120,000list $1,120,000 | 100% | 6/29/266/29 |
| 10022 bed · 1,506 SqFt | III Emerald Bay | $1,705,000list $1,695,000 | 101% | 6/26/266/26 |
| 6002 bed · 1,506 SqFt | III Emerald Bay | $1,140,000list $1,235,000 | 92% | 6/23/266/23 |
| 4313 bed · 2,042 SqFt | IV Botanica | $1,570,000list $1,630,000 | 96% | 6/17/266/17 |
| 3673 bed · 1,720 SqFt | IV Botanica | $1,380,000list $1,470,000 | 94% | 6/11/266/11 |
| 12224 bed · 3,127 SqFt | III Emerald Bay | $3,400,000list $3,400,000 | 100% | 6/5/266/5 |
| 4463 bed · 1,943 SqFt | IV Botanica | $1,400,000list $1,469,000 | 95% | 5/29/265/29 |
| 1362 bed · 1,532 SqFt | III Emerald Bay | $1,400,000list $1,450,000 | 97% | 4/10/264/10 |
| 12264 bed · 3,127 SqFt | III Emerald Bay | $2,100,000list $2,750,000 | 76% | 4/10/264/10 |
| 6252 bed · 1,532 SqFt | II Oceansound | $1,125,000list $1,300,000 | 87% | 4/7/264/7 |
| 11363 bed · 2,328 SqFt | III Emerald Bay | $2,575,000list $2,900,300 | 89% | 3/30/263/30 |
| 9282 bed · 1,532 SqFt | III Emerald Bay | $1,250,000list $1,295,000 | 97% | 3/30/263/30 |
| 3383 bed · 1,720 SqFt | IV Botanica | $970,000list $899,000 | 108% | 3/24/263/24 |
| 2372 bed · 1,532 SqFt | II Oceansound | $995,000list $1,025,000 | 97% | 3/19/263/19 |
| 4412 bed · 1,532 SqFt | II Oceansound | $1,084,460list $1,150,000 | 94% | 3/3/263/3 |
| 4193 bed · 1,600 SqFt | IV Botanica | $1,200,000list $1,295,000 | 93% | 2/27/262/27 |
| 1253 bed · 1,864 SqFt | IV Botanica | $1,770,000list $1,750,000 | 101% | 2/17/262/17 |
| 4122 bed · 1,715 SqFt | IV Botanica | $1,225,000list $1,310,000 | 94% | 1/29/261/29 |
| 2062 bed · 1,547 SqFt | III Emerald Bay | $990,000list $1,235,000 | 80% | 1/16/261/16 |
| 6282 bed · 1,532 SqFt | II Oceansound | $1,300,000list $1,349,000 | 96% | 12/18/2512/18/25 |
| 3333 bed · 1,541 SqFt | I Tidemark | $1,200,000list $1,200,000 | 100% | 12/15/2512/15/25 |
| 6282 bed · 1,532 SqFt | III Emerald Bay | $900,000list $1,000,000 | 90% | 11/14/2511/14/25 |
| 4442 bed · 1,880 SqFt | I Tidemark | $1,900,000list $1,900,000 | 100% | 11/14/2511/14/25 |

