$1,250,000
$50K PRICE DROP

Estimated payment $9,528/month

Total Views 5,365
2 Beds
2 Baths
1,547 Sq Ft
$808 Price per Sq Ft

Highlights

  • Property has ocean access
  • Community Cabanas
  • Fitness Center
  • Key Biscayne K-8 Center Rated A-
  • Bar or Lounge
  • Waterfront

About This Home

2-Bed, 2-Bath residence at the prestigious Key Colony – Emerald Bay. Offering over 1.547 sq. ft. of luxury living, this home features a grand open layout, abundant natural light, and a 16 ft x 7.5 ft deck (120+ sq. ft.) ideal for entertaining or enjoying serene island, bay, and sunset views. Highlights include a gourmet kitchen, two expansive primary suites with spa-like baths, a split floor plan, recessed lighting, custom built-ins, and a nice laundry room. Enjoy resort-style amenities: direct beach access, 12 tennis courts, multiple pools, gym, spa, salon, market, playground & 24-hr concierge. Includes one covered parking space. A rare Key Biscayne opportunity! Freshly painted in White.

Listing Agent

Ivette Diaz

EXP Realty LLC License #3274618 Listed on: 05/30/2025

EXP Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,546

Year Built

  • Built in 1980

Lot Details

  • Waterfront

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
  • Combination Dining and Living Room
  • Marble Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

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

Community Details

Overview

  • 286 Units
  • Mid-Rise Condominium
  • Key Colony Condos
  • The Emeraldbay @ Key Colo Subdivision
  • 12-Story Property

Amenities

  • Billiard Room
  • Community Library
  • Bar or Lounge
  • Elevator
  • Secure Lobby
  • Bike Room
  • Community Storage Space

Recreation

  • Community Playground
  • Community Cabanas
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Security Guard
  • Complex Is Fenced
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,546

Year Built

Built in 1980

Lot Details

0

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 5+ Stories, Condo
  • Subdivision Name: THE EMERALDBAY @ KEY COLO
  • Year Built Details: Effective Year Built
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 1547
  • Stories: 12
  • Bedroom Features: Entry Level, Primary Bath Shower
  • Dining Room Features: Dining/Living Room, Snack Bar/Counter
  • Master Bathroom Features: Dual Sinks

Exterior Features

  • View: Tennis Court View
  • Exterior Features: Other, Open Balcony
  • Construction Type: Concrete Block Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • 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, Guard At Site, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 5641
  • Amenities: Bar, Bike Storage, Billiard Room, Cabana, Child Play Area, Elevator(s), Exercise Room, Storage, Heated Pool, Library, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-42-32-019-0440

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Multi Family

  • Number Of Units In Community: 286
  • Number Of Units Total: 286

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 12546

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $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

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 Price Changed $1,250,000 -3.8% $808 / Sq Ft
05/30/2025 05/30/25 For Sale $1,300,000 -- $840 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $218,200 --
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11812182

MIAMI REALTORS® MLS

APN: 24-4232-019-0440