NOT LISTED FOR SALE

The Emerald Bay 151 Crandon Blvd Unit 206 Floor 2 Key Biscayne, FL 33149

Estimated Value: $982,000 - $1,105,496

2 Beds
2 Baths
1,547 Sq Ft
1980 Built

Sale Details

Date Sold: January 16, 2026

Last sale price $990,000 $640 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $8,493 / mo

57 Days on Market

Highlights

  • Doorman
  • Property has ocean access
  • Waterfront
  • Key Biscayne K-8 Center Rated A-
  • Fitness Center
  • Clubhouse

About This Home

As of January 2026

Elevated and turnkey, this bright 2BD/2BA residence at Key Colony – Emerald Bay offers 1,547 sq. ft. of refined living plus a 120+ sq. ft. terrace overlooking tranquil bay, ocean breezes, and iconic island sunsets. The open-concept layout showcases a chef’s kitchen, two spacious primary suites, spa-inspired bathrooms, custom built-ins, a large laundry room, and fresh white paint throughout. Enjoy resort-style living with direct beach access, 12 tennis courts, multiple pools, fitness center, spa, market, salon, playground, and 24-hr concierge. Covered parking included. Experience the signature Key Biscayne lifestyle—luxury, comfort, and serenity in perfect balance.

Last Agent to Sell the Property

Ivette Diaz

EXP Realty LLC License #3274618 Listed on: 11/20/2025

EXP Realty LLC

Last Buyer's Agent

Sandra Borgonovo

BHHS EWM Realty License #3280809

BHHS EWM Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,962

Year Built

  • Built in 1980 | Remodeled

HOA Fees

  • $1,880 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Electric Vehicle Home Charger
  • Assigned Parking

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,547 Sq Ft Home
  • Blinds
  • Formal Dining Room

Kitchen

  • Microwave
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Flooring

  • Parquet
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property has ocean access

Schools

  • Keybiscayne Elementary School
  • Ponce De Leon Middle School
  • Coral Gables High School

Additional Features

  • Waterfront
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-019-0440

Community Details

Overview

  • Key Colony Condos
  • The Emeraldbay @ Key Colo Subdivision
  • 12-Story Property

Amenities

  • Doorman
  • Clubhouse
  • Community Library
  • Secure Lobby
  • Bike Room
  • Community Storage Space

Recreation

  • Community Basketball Court
  • Community Playground
  • Community Spa
  • Bike Trail

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Security Guard
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,962

Year Built

Built in 1980 | Remodeled

Lot Details

0 Sq Ft Lot

HOA Fees

$1,880 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1980
  • Property Sub Type: Condominium
  • Entry Level: 2
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Unrestricted Salt Water Access
  • New Construction: No
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: THE EMERALDBAY @ KEY COLO
  • Year Built Details: Effective Year Built
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Active With Contract
  • CurrentPrice: 990000
  • InternetRemarks: Elegant 2BD/2BA with bay views, open layout and large terrace. Enjoy direct beach access, pools, tennis, gym and 24/7 concierge at Key Colony.
  • ShowingTimeFlag: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Interior Amenities: Second Floor Entry, Closet Cabinetry, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Marble, Parquet
  • Furnished: Unfurnished
  • Living Area: 1547
  • Possible Use: Secondary
  • Stories: 12
  • Window Features: Blinds
  • Bedroom Features: Entry Level, Primary Bath Shower
  • Dining Room Features: Formal Dining, Snack Bar/Counter
  • Master Bathroom Features: Bidet, Dual Sinks

Exterior Features

  • View: Tennis Court View
  • Exterior Features: Open Balcony
  • Construction Type: Concrete Block Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: KEY COLONY
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Electric Vehicle Charging Station(s)

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1880
  • Amenities: Basketball Court, Bike Storage, Bike/Jog Path, Child Play Area, Clubhouse-Clubroom, Exercise Room, Storage, Library, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Keybiscayne
  • High School: Coral Gables
  • Middle Or Junior School: Ponce De Leon

Lot Info

  • Parcel Number: 24-42-32-019-0440

Rental Info

  • Pets Allowed: More Than 20 Lbs

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 12962

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2025
Closed on
Jan 16, 2026
Sold by
Bought by
Seller's Agent
Ivette Diaz
EXP Realty LLC
Buyer's Agent
Sandra Borgonovo
BHHS EWM Realty
List Price
$1,235,000
Sold Price
$990,000
Premium/Discount to List
-$245,000
-19.84%
Views
4
Current Estimated Value
$1,030,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,624
Avg. Annual Appreciation
9.57%

Purchase Details

Closed on
May 9, 2003
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$990,000 None Listed On Document
$218,200 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/16/2026 01/16/26 Sold $990,000 -19.8% $640 / Sq Ft
11/20/2025 11/20/25 For Sale $1,235,000 0.0% $798 / Sq Ft
08/01/2022 08/01/22 Rented $6,250 -3.8% --
07/05/2022 07/05/22 Under Contract -- -- --
06/08/2022 06/08/22 For Rent $6,500 +62.5% --
07/29/2020 07/29/20 Rented $4,000 -11.1% --
07/19/2020 07/19/20 Under Contract -- -- --
03/26/2020 03/26/20 For Rent $4,500 -- --
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $12,546 $812,575 -- --
2024 $12,277 $738,705 -- --
2023 $12,277 $671,550 $0 $0
2022 $10,413 $610,500 $0 $0
2021 $9,336 $555,000 $0 $0
2020 $9,163 $555,000 $0 $0
2019 $10,096 $610,000 $0 $0
2018 $9,844 $617,937 $0 $0
2017 $9,215 $556,650 $0 $0
2016 $9,982 $506,046 $0 $0
2015 $8,527 $460,042 $0 $0
2014 $8,142 $418,220 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2026

    Ivette Diaz

    EXP Realty LLC

    (786) 543-1300

    40 Total Sales

    Ivette Diaz
    Section Image
  • Sandra Borgonovo

    Buyer's Agent in 2026

    Sandra Borgonovo

    BHHS EWM Realty

    (786) 486-0610

    11 Total Sales

    Sandra Borgonovo
    Section Image
  • David Salazar

    Buyer's Agent in 2022

    David Salazar

    Affinity International Realty

    (954) 740-3596

    35 Total Sales

    David Salazar
    Section Image

  • C

    Buyer's Agent in 2020

    Cristian Black

    BHHS EWM Realty

    (305) 361-3440

    30 Total Sales

    Cristian Black
    Section Image
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About The Emerald Bay

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11917897

MIAMI REALTORS® MLS

APN: 24-4232-019-0440

Florida Miami/Dade County Key Biscayne 33149

151 Crandon Blvd Unit 206, Key Biscayne, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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