Property Details
| Asking Price | $1,495,000 |
|---|---|
| Price per SqFt | $835 |
| Maintenance Fee | $2,244 Monthly |
| Property Taxes | $14,498 2025 |
| Interior Space | 1,790 SqFt |
| Beds/Baths | 2/2 |
| Year Built | 1981 |
| MLS # | A12070150 |
Location
From the listing
This spacious 2-bedroom, 2-bath plus den residence offers 1,790 square feet of light-filled living space in the desirable Botanica tower, with a south-facing corner exposure overlooking the lush garden courtyard and fountain below. Located in Key Colony, one of Key Biscayne's most coveted beachfront communities, with private beach access and unmatched island living.Amenities include: private building pool and BBQ area, 12 championship tennis courts, fitness center, kids' playground, dog park, 24-hour controlled access security, on-site beauty salon/spa, and Golden Hog gourmet market, all just steps from private beach frontage with beachfront café. The unit includes two covered parking spaces just steps from the lobby. Currently furnished, with furniture available at a low additional cost, or the owner is open to removing it if the buyer prefers an empty unit.Unlike most units in Botanica and most Key Biscayne condominiums, #265 is one of a limited number of "Specified Units" allowing legal short-term rentals with no minimum lease period. The advantage most apartments on the island simply can't offer, with real income potential in a market where this flexibility is scarce.Don't miss your chance to own one of Key Biscayne's most exclusive addresses. Move-in ready and ideal for a full-time resident, seasonal owner, or investor.
Listed by Related General Realty, LLC.
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $2,244 a month; taxes $14,498 for 2025. MLS figures, which may not be accurate.
Sales History for This Unit · Key Colony IV Botanica Unit 265
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A11267693 | $1,050,000 | 11/4/22 |
What Other Units Have Been Selling For at Key Colony IV Botanica
12 units sold at Key Colony IV Botanica in the last 12 months at an average of $734/SqFt · This unit (265) is asking $835/SqFt
Below, the most recent sales most like this unit: units with the same bedroom count.
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| 106 | $1,110,000$694/SqFt | 92% | 7/17/26 |
| 405 | $1,080,000$675/SqFt | 94% | 7/13/26 |
| 412 | $1,225,000$714/SqFt | 94% | 1/29/26 |
| 229 | $950,000$646/SqFt | 95% | 8/1/25 |
| 271 | $1,340,000$781/SqFt | 99% | 4/24/25 |
| 303 | $1,000,000$583/SqFt | 88% | 4/11/25 |
| 417 | $1,065,000$679/SqFt | 97% | 2/13/25 |
| 414 | $965,000$561/SqFt | 94% | 11/4/24 |
For a full analysis of past sales in this development, contact Mark Zilbert.
Listed by Related General 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.
Ask Mark About This Listing
Key Colony IV Botanica Unit 265, 101 Crandon Blvd · MLS A12070150 · $1,495,000
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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 IV Botanica
At Key Colony IV Botanica, 4 of 292 units are for sale and 12 sold in the last 12 months at an average of $734 per SqFt. Unit 265 asks $835 per SqFt, above the building's recent sold average. Figures compiled by Mark Zilbert, a Key Biscayne real estate agent with ONE Sotheby's International Realty, from MLS records.