Property Details
| Sold Price | $1,400,000 |
|---|---|
| Last Asking Price | $1,500,000 |
| Price per SqFt | $914 |
| Maintenance Fee | $150 Quarterly |
| Property Taxes | $12,722 2025 |
| Interior Space | 1,532 SqFt |
| Beds/Baths | 2/2 |
| Year Built | 1980 |
| Closed Date | 9/14/2026 |
| MLS # | A11996164 |
Location
From the listing
Fully renovated 2-bedroom + ENCLOSED den, 2-bathroom residence with a thoughtful, high-end transformation that goes beyond a typical remodel. The interiors reflect a clean, modern design with custom finishes and carefully integrated upgrades throughout.The open kitchen is designed for both functionality and entertaining, featuring a sleek bar, stainless steel appliances, and seamless connection to the main living area. Custom built-in closets have been incorporated across the residence, maximizing storage while maintaining a refined aesthetic.The layout offers an ideal flow, with the living room and both bedrooms opening directly onto an oversized balcony. This outdoor space becomes a natural extension of the interiors, overlooking the pool area with completely open south-facing views—no neighboring buildings in sight—providing light, privacy, and a sense of openness rarely found.The primary suite includes a spacious walk-in closet and a fully renovated bathroom, executed with elevated finishes. The enclosed den adds versatility, ideal as a home office, guest space, or media room.A unique offering within the building, combining design, functionality, and unobstructed views. Residents enjoy a full suite of amenities including gym, Olympic-size pool, tennis courts, playground, and direct beach access, making it especially appealing for families. Unit is rented until July 31, 2026.
Listed by Urdapilleta Real Estate, LLC
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $150 a quarter; taxes $12,722 for 2025. MLS figures, which may not be accurate.
Sales History for This Unit · Key Colony III Emerald Bay Unit 241
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A11058292 | $950,000 | 6/28/22 |
| A10554648 | $636,500 | 7/10/19 |
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 |
| 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 |
| 928 | $1,250,000$816/SqFt | 97% | 3/30/26 |
For a full analysis of past sales in this development, contact Mark Zilbert.
Listed by Urdapilleta Real Estate, 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 241, 151 Crandon Blvd · MLS A11996164 · Sold Sep 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 241 sold at $914 per SqFt, above 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.