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Key Colony III Emerald Bay

Key Biscayne / 1980

12 Stories / 290 Residences of 1, 2, 3 & 4 Bedrooms
151 Crandon Blvd Key Biscayne, FL 33149, USA

Key Colony III Emerald Bay is part of the Key Colony Condo Complex, comprised of 4 towers. With only 12 floors and 290 residences, this community is distinguished by its modern architectural design. Key Colony III Emerald Bay offers spacious residences, balconies with beautiful views of the Atlantic Ocean or the village of Key Biscayne, and other premium residence features for your unique needs. An olympic pool, tennis courts, pet friendly community, gym, social room, beach restaurant, convenience store, and jogging path are among some of the amenities that this complex offers.

Its exceptional private beach access allows you to sunbathe or go swimming while remaining close to home. Great places to visit nearby are the Miami Seaquarium, the Bill Baggs Park, Crandon Park, a spectacular community center with activities for everyone, and downtown Miami, which is only minutes away. Key Biscayne is a safe, family friendly and international community.

The Key Colony Condominiums allow flexibilty on short term rentals. Usually, you can rent for a one to three months as a minimum in any Key Colony Building (except for Botanica, which also allows weekly rentals).


This condominium building is part of a luxury residential complex with 3 other towers… Key Colony I Tidemark, Key Colony II OceanSound and Key Colony IV Botanica.

Prices & General Information

Information & Prices

Architect/s: SB Architects
Developed by Fritz Scharenberg
8 Units for Sale: $1,150,000 - $2,400,000
11 Units for Rent: $5,000 - $11,500
Average Listing Price: $948 x SF ($10,204 x M2)
Average Sales Price: $826 x SF ($8,893 x M2)

Average Price: $887 x SF

Features

Building Features

  • Gated community
  • Lush tropical landscaping throughout the forty acres
  • Each building has its own pool plus an Olympic lap pool in the center of the complex and an adults-only oceanfront pool
  • Social rooms
  • Twelve tennis courts
  • Pet friendly
  • Gym
  • Jogging path
  • Children's playground
  • Assigned parking

Residence Features

  • Spacious floor plans
  • Balcony
  • If your residence is located on the slope of the building, the balcony is even more spacious, reaching 300 to 500 square feet
  • Stainless steel appliances
  • Washer and dryer
  • Marble floors
  • Granite countertops

Location

For Sale

2 Bedrooms

Unit Price SF $/SF
320 $1,150,000 1488$773 + Info
526 $1,175,000 1532$767 + Info
1002 $1,249,000 1506$829 + Info
823 $1,425,000 1778$801 + Info
122 $1,438,000 1467$980 + Info
420 $1,550,000 1488$1,042 + Info
702 $1,715,000 1506$1,139 + Info

3 Bedrooms

Unit Price SF $/SF
630 $2,400,000 2001$1,199 + Info

For Rent

2 Bedrooms

Unit Price SF $/SF
440 $5,000 1532$3 + Info
329 $6,000 1532$4 + Info
334 $6,000 1584$4 + Info
634 $6,000 1584$4 + Info
239 $6,500 1547$4 + Info
822 $6,500 1547$4 + Info
833 $6,500 1546$4 + Info
635 $7,000 1547$5 + Info
1036 $7,000 1532$5 + Info
122 $8,300 1467$6 + Info

3 Bedrooms

Unit Price SF $/SF
741 $11,500 2328$5 + Info

Sold

Unit Price SF $/SF Sale Date
934 $1,445,000 1584 SF $912 05/24/2024
202-204 $2,650,000 3038 SF $872 05/01/2024
1030 $2,200,000 2001 SF $1,099 04/12/2024
422 $865,000 1547 SF $559 03/13/2024
431 $920,000 1547 SF $595 03/11/2024
1222 $2,750,000 3127 SF $879 03/08/2024
936 $1,400,000 1532 SF $914 12/19/2023
543 $2,050,000 2330 SF $880 12/19/2023

Rented

Unit Price SF $/SF Rented Date
442 $5,800 1547 SF $4 06/10/2024
133 $6,500 1546 SF $4 06/04/2024
605 $7,850 1821 SF $4 06/01/2024
534 $8,000 1584 SF $5 04/01/2024
328 $5,000 1532 SF $3 03/25/2024
241 $7,800 1532 SF $5 03/01/2024
340 $6,600 1532 SF $4 02/25/2024
237 $5,000 1532 SF $3 02/01/2024
137 $5,950 1532 SF $4 01/08/2024
635 $7,000 1547 SF $5 12/19/2023

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