Property Details
| Asking Price | $1,540,000 |
|---|---|
| Price per SqFt | $895 |
| Maintenance fee | $2,160 Monthly |
| Property Taxes | $13,213 2025 |
| Interior Space | 1,720 SqFt |
| Beds/Baths | 3/3 |
| Year Built | 1981 |
| MLS # | A12036429 |
Estimated Costs
An estimate of condo or HOA fees and property taxes
Fees and taxes based on MLS provided figures, and may not be accurate
From the listing
Rarely available and partially renovated in 2025 including new appliances, this 3 bedrooms, 3 baths residence offers one of the most desirable floor plans in Key Colony's sought-after hotel section. Featuring an oversized private terrace ideal for indoor-outdoor living and entertaining, this unique property stans out from virtually every competing unit in the community. Unlike most residences in Key Biscayne, this unit allows legal short-term rentals with no minimum lease period, offering unparalleled flexibility for personal use, seasonal enjoyment, or income generation. Currently lease through October 31st, the property is already producing a gross return exceeding 6%, making it an exceptional turnkey investment opportunity.
Listed by BHHS EWM Realty
Sales History for This Unit · Key Colony IV Botanica Unit 170
Sales history is unavailable for this property
What Other Units Have Been Selling For at Key Colony IV Botanica
1 other unit sold in the last 12 months at an average of $802/SqFt · This unit (170) is asking $895/SqFt
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| 367 | $1,380,000$802/SqFt | 94% | 6/11/26 |
| 379 | $1,295,000$753/SqFt | 100% | 8/14/25 |
| 256 | $1,210,000$619/SqFt | 90% | 6/23/25 |
| 378 | $1,225,000$673/SqFt | 97% | 2/14/25 |
| 451 | $1,100,000$688/SqFt | 92% | 1/22/25 |
| 348 | $1,050,000$656/SqFt | 93% | 6/26/24 |
| 269 | $1,280,000 | 99% | 4/12/24 |
| 359 | $1,290,000$709/SqFt | 98% | 11/2/23 |
For a full analysis of past sales in this development, contact Mark Zilbert.
Listed by BHHS EWM Realty. 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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Location
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 There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values.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 IV Botanica
292 units · 3 for sale · 1 sold in the last 12 months · building avg $802/SqFt sold, against this unit's $895 ask