151 Crandon Blvd # 802, Key Biscayne FL 33149 | Miami-Dade County | A11959671
  • $2,250,000

Description

Key Colony III #802 offers 2,013 square feet of well-planned living space, currently configured as a 2-bedroom plus den with 3 bathrooms and easily convertible to a 3-bedroom layout. Enjoy east exposure with ocean views from every room, complemented by a desirable split-bedroom plan that provides exceptional privacy. Each bedroom is designed as a suite with direct bathroom access. Interiors are finished with marble flooring and custom lighting, and a generously sized laundry room includes a full-size washer and dryer. Two covered parking spaces included. Prime location.

Property Overview

This is a 3-bedroom, 3-bath condominium of about 2013 square feet at 151 Crandon Blvd # 802, Key Biscayne FL 33149 (Key Biscayne 33149), listed at $2,250,000.

Monthly Costs, Stated Plainly

The monthly HOA fee is $2649.

The tax of record is $23,771 (2025). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $45,000/yr (≈ $3,750/mo); with the homestead exemption on a primary residence, about $44,000/yr (≈ $3,667/mo). Confirm with the Miami-Dade Property Appraiser and a tax professional — these are estimates, not quotes.

Frequently Asked Questions

What is the list price, and what typically conveys with a home like this?

The list price for 151 Crandon Blvd #802 is $2,250,000. While the MLS does not specify the furnished status, fixtures and built-in appliances typically convey with the home — we’ll confirm specifics for you. The unit itself includes 3 bedrooms and 3 baths spanning approximately 2,013 square feet, while the community offers shared amenities like a Child Play Area, Exercise Room, Heated Pool, and Tennis Court(s) through the HOA.

For precise details on what’s included — or to discuss Key Biscayne’s unique market — contact Christopher Lazaro, Key Biscayne Real Estate Broker, directly. His team ensures every buyer has clarity before moving forward.

Where exactly is it, and what should I know about the location?

151 Crandon Blvd #802 is a luxury condominium in Key Biscayne, Florida 33149, nestled along the island’s prestigious coastal corridor. This prime location offers proximity to Crandon Park’s white sands, the Key Biscayne Golf Course, and the vibrant Village Center, blending serene island living with convenience. For precise details on accessibility, views, or building amenities, connect directly with Christopher Lazaro, Key Biscayne Real Estate Broker, who can provide verified insights tailored to your needs.

What are the HOA / association fees, and what do they cover?

The monthly HOA fee for 151 Crandon Blvd #802 is $2,649, which covers All Amenities, Building Exterior, Cable TV, Landscaping/Lawn Maintenance, Manager, Security, Sewer, Trash Removal, and Water — a comprehensive package for maintenance-free living. Note there’s an active special assessment on record (balance and terms require verification), and the community adheres to Key Biscayne’s municipal ordinances (review here). For precise details on fees or assessments, connect directly with Christopher Lazaro, Key Biscayne Real Estate Broker, who’ll safeguard your interests.

What are the property taxes and homestead implications?

The tax of record for 151 Crandon Blvd #802 is $23,771 (2025), but Florida reassesses at sale. As an ESTIMATE ONLY — using a Miami-Dade rate near 2.0% — taxes at the $2,250,000 list price would be approximately $45,000/yr (≈ $3,750/mo) without homestead. Florida's homestead exemption, which lowers taxable value for primary residences only, could reduce this to about $44,000/yr (≈ $3,667/mo). These are estimates, not quotes — confirm with the Miami-Dade Property Appraiser and a tax professional.

For precise projections tailored to your situation, reach out to Christopher Lazaro, Key Biscayne Real Estate Broker, who can guide you through the nuances of homestead benefits and tax planning.

Is the home in a flood zone, and what does that mean?

151 Crandon Blvd #802 is in a FEMA-designated flood zone, which indicates its risk level for flooding—a critical factor for both safety and insurance. Flood zones range from high-risk (like AE or VE) to moderate/low-risk (X), and you can explore the specifics for this property via View the FEMA flood map for this address or review FEMA's flood zone definitions. Lenders often mandate flood insurance in high-risk zones, so I recommend consulting Christopher Lazaro, Key Biscayne Real Estate Broker, to confirm requirements and discuss protective measures tailored to this home.

Are pets allowed?

Pets are allowed, with restrictions (or possible restrictions) per the MLS record for 151 Crandon Blvd #802. We’ll gladly provide the building association’s current pet rules for this unit upon request—just ask. Note that documented service animals or emotional support animals fall under separate federal accommodation laws.

For precise guidance, contact Christopher Lazaro, Key Biscayne Real Estate Broker, to verify the latest policies before proceeding.

How is the price set and is there room to negotiate?

The $2,250,000 listing price reflects a tailored comparative market analysis (CMA) for 151 Crandon Blvd #802, weighing recent Key Biscayne condo sales, this building’s amenities, and the unit’s 3-bed, 3-bath, 2,013 sqft layout. Miami-Dade condos have recently been closing at 94% of list price, averaging 64 days on market (MIAMI REALTORS®, May 2026), but Key Biscayne’s waterfront demand often tightens negotiability. Before drafting an offer, I’ll provide a hyperlocal CMA to pinpoint this property’s realistic range. For precise guidance, call Christopher Lazaro, Key Biscayne Real Estate Broker, to verify the data and strategy.

What financing step do you recommend before touring?

Before touring 151 Crandon Blvd #802, I strongly recommend securing a pre-approval from a Florida-licensed mortgage loan officer—this clarifies your budget and strengthens your position in Key Biscayne’s competitive market. Start the process here to avoid surprises later. Once you’re pre-approved, reach out to Christopher Lazaro, Key Biscayne Real Estate Broker, to schedule a private showing and discuss strategy for this $2,250,000 3-bedroom residence. His team will ensure every detail aligns with your goals.

Monthly Fees & Carrying Costs

Association Fee $7,948 / quarter ($2,649/mo)
Total Monthly Fees $2,649 / month
  • Membership Required: No
  • Application Fee: $100 (one-time)

Have a question about this Key Biscayne listing?

Talk directly with Christopher Lazaro, your Key Biscayne real estate advisor. No pressure — real answers.

  • Address: Crandon Blvd
  • City: Key Biscayne
  • Zip/Postal Code: 33149

Details

Updated on July 3, 2026 at 12:36 pm
  • Property ID A11959671
  • Price $2,250,000
  • Property Size 2013 Sq Ft
  • Bedrooms 3
  • Room 0
  • Bathrooms 3
  • Year Built 1980
  • Property Status Active, Residential

Additional details

  • Flooring Marble
  • Waterfront Features Ocean Front
  • Bedroom Features Entry Level
  • Cooling Electric
  • Association Type Condo
  • Building Key Colony
  • Association Fee Frequency Quarterly
  • Area The Emeraldbay @ Key Colo
  • Annual Tax 23771
  • Association Yes
  • Elementary School Keybiscayne
  • Private Pool No
  • Listing Terms All Cash
  • Waterfront Yes
  • Full Bathrooms 3
  • Subdivision THE EMERALDBAY @ KEY COLO
  • Total Stories 12
  • Restrictions Other Restrictions
  • Maintenance Includes All Amenities, Building Exterior, Cable Tv, Landscaping/Lawn Maintenance, Manager, Security, Sewer, Trash Removal, Water
  • Amenities Child Play Area, Exercise Room, Heated Pool, Tennis Court(s)
  • Parking 2 Or More Spaces, Assigned, Covered
  • Heating Electric
  • Structure Type Condo 5+ Stories, Condo
  • Tax Year 2025
  • Construction Concrete Block Construction
  • Building Area 2013
  • Covered Spaces 2
  • Middle School Ponce De Leon
  • Unit Floor 8
  • View Bay
  • Year Built Details Resale
  • High School Coral Gables
  • Pets Allowed Yes
  • Attached Yes
  • Unit Number 802
  • Inclusions Deeded Beach Access
  • Flood Zone AE
  • Patio / Porch Open Balcony
  • New Construction No
  • Garage Spaces 2
  • Style Condo 5+ Stories
  • Association Fee 7948
  • Lot Size (Sq Ft) 0
  • Membership Purchase Required No

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