NOT LISTED FOR SALE

The Emerald Bay 151 Crandon Blvd Unit 138 Key Biscayne, FL 33149

Estimated Value: $874,000 - $934,079

2 Beds
2 Baths
1,547 Sq Ft
$1,880/mo HOA Fee

Last Sold July 15, 2025

Last sale price $850,500 $550 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,680/month

79 Days on Market

Highlights

  • Doorman
  • Bar or Lounge
  • Main Floor Primary Bedroom
  • Key Biscayne K-8 Center Rated A-
  • Fitness Center
  • Sauna

About This Home

As of July 2025

Opportunity knocks in the heart of Key Biscayne ! This spacious 2 bedroom/2 bathroom ground floor residence w/den is located in the highly sought-after Emerald Bay at Key Colony -an exclusive , resort style community. This is the perfect canvas for investors or end-users looking to create their dream island retreat . This property has been placed in an upcoming event. All bids should be submitted at Xome void where prohibited. Please submit any pre-auction offer received through the property details page on Xome. Any post-auction offers will need to be submitted directly to the listing agent. Response within 3 business days. All properties are subject to a buyer's premium pursuant to the Auction Participation Agreement and Terms & Conditions minimums will apply.

Last Agent to Sell the Property

Justin Knops

The Agency Florida LLC License #3242652 Listed on: 04/24/2025

The Agency Florida LLC

Last Buyer's Agent

Giulietta Ulloa

BHHS EWM Realty License #0658811

BHHS EWM Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,105

Year Built

  • Built in 1980

HOA Fees

  • $1,880 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Assigned Parking

Home Design

  • Entry on the 1st floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,547 Sq Ft Home
  • Den
  • Tile Flooring
  • Property Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Keybiscayne Elementary School
  • Coral Gables High School

Additional Features

  • Privacy Fence
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-019-2310

Community Details

Overview

  • 285 Units
  • Mid-Rise Condominium
  • Key Colony Condos
  • The Emerald Bay Subdivision
  • 12-Story Property

Amenities

  • Doorman
  • Sauna
  • Bar or Lounge
  • Secure Lobby

Recreation

  • Community Playground
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,105

Year Built

Built in 1980

Lot Details

0

HOA Fees

$1,880 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1980
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 1
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: THE EMERALD BAY
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: 4160

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Split Bedroom, Walk-In Closet(s), Den/Library/Office
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1547
  • Possible Use: Primary
  • Stories: 12
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Ground Level
  • Living Room Features: Den/Library/Office

Exterior Features

  • View: Other View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Fencing: Privacy
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Park Building Name: Key Colony
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Assigned

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Doorman, Guard At Site, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 5641
  • Amenities: Bar, Child Play Area, Exercise Room, Sauna, Spa/Hot Tub
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Keybiscayne
  • High School: Coral Gables

Lot Info

  • Parcel Number: 24-42-32-019-2310

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 13105

Multi Family

  • Number Of Units In Community: 285
  • Number Of Units Total: 285

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2025
Closed on
May 21, 2025
Sold by
Citigroup Mortgage Loan Trust and Us Bank Trust National Association
Bought by
Rapez Llc
Seller's Agent
Justin Knops
The Agency Florida LLC
Buyer's Agent
Giulietta Ulloa
BHHS EWM Realty
List Price
$900,000
Sold Price
$850,500
Premium/Discount to List
-$49,500
-5.5%
Views
5
Current Estimated Value
$901,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,770
Avg. Annual Appreciation
13.43%
Original Mortgage
$350,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2024
Sold by
Emerald Bay At Key Colony Condominium As
Bought by
Us Bank Trust and Citigroup Mortgage Loan Trust

Purchase Details

Closed on
Sep 20, 2006
Sold by
Calypso Ltd
Bought by
Ferrante Francesca
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rapez Llc $850,500 None Listed On Document
Rapez Llc $850,500 None Listed On Document
Us Bank Trust $702,000 --
Us Bank Trust $702,000 --
Ferrante Francesca -- Global Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rapez Llc $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2025 07/15/25 Sold $850,500 -5.5% $550 / Sq Ft
07/12/2025 07/12/25 Pending -- -- --
04/24/2025 04/24/25 For Sale $900,000 -- $582 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,105 $883,520 -- --
2024 $12,825 $771,980 -- --
2023 $12,825 $701,800 $0 $0
2022 $10,873 $638,000 $0 $0
2021 $9,747 $580,000 $0 $0
2020 $6,600 $438,964 $0 $0
2019 $6,453 $429,095 $0 $0
2018 $6,112 $421,095 $0 $0
2017 $6,030 $412,434 $0 $0
2016 $6,036 $403,952 $0 $0
2015 $6,125 $401,144 $0 $0
2014 $6,217 $397,961 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Justin Knops

    Seller's Agent in 2025

    Justin Knops

    The Agency Florida LLC

    (786) 253-5697

    1 in this area

    44 Total Sales

    Justin Knops
    Section Image
  • Giulietta Ulloa

    Buyer's Agent in 2025

    Giulietta Ulloa

    BHHS EWM Realty

    (305) 710-6620

    81 in this area

    133 Total Sales

    Giulietta Ulloa
    Section Image
See All Agents

About The Emerald Bay

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11789963

MIAMI REALTORS® MLS

APN: 24-4232-019-2310

Florida Miami/Dade County Key Biscayne 33149

151 Crandon Blvd Unit 138, Key Biscayne, FL

Not Listed for Sale

Condos

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