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Buildings/Key Biscayne/THE EMERALDBAY @ KEY COLO

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THE EMERALDBAY @ KEY COLO

151 CRANDON BLVD, Key Biscayne 33149

★ 4.4

1980

Year Built

283

Units

CI Score

Strong

For Sale

$1.6M

Avg Price

$640

Sale $/SF

For Rent

$13,000

Avg Rent

$4.60

Rent $/SF

+0.1%

YoY

For Sale

For Rent

Investor-Owned

68%

Avg HOA

$2,194/mo

Building Details

Address

151 CRANDON BLVD, Key Biscayne, 33149

Neighborhood

Key Biscayne

Year Built

1980

Total Units

283

Avg Unit Sqft

1,766 SF

Tier

Premium

Avg $/SF

$639.95

Avg Rent

$13,000/mo

Rent $/SF

$4.60/SF

HOA Range

$50 – $4,115

Google Rating

4.4 (7 reviews)

Neighborhood Rank

Top 100%

Avg Unit Value

$1.1M

Total Sales (All-Time)

1,212

Phone

(305) 361-6947

Visit Building Website →

Investment Analysis

Yield Metrics

Rental Yield (annualized)15.8%

YoY Appreciation+0.1%

Total Yield93.4%

Median Rent$13,000/mo

Liquidity & Demand

Closed Sales (120d)1

Days on Market11 days

Months of Inventory36.0

Sale-to-List Ratio0.8%

Price Reduction Rate100%

Investor-Owned68%

For Sale6

For Rent6

Top 100%

Neighborhood percentile

Market Data

Sale Price Trend ($/SF)

$640

-34.0%

Rental Price Trend ($/SF)

$5.58

+36.4%

Building Activity

Days on Market

days

Selling fast

Months of Inventory

36.0

months

Buyer's market

Sale-to-List Ratio

80.2%

Buyers negotiating

Price Reductions

100%

of listings

Many price cuts

Closed Sales (120d)

transactions

Low volume

Median Rent

$13,000

/month

Sales & Listings

Active Listings

For Sale (6)

$1.3M

Unit 320

2 bd2 ba1,488 sf

$867/SF6 DOM

$1.4M

2 bd2 ba1,506 sf

$929/SF306 DOM

$1.4M

3 bd2 ba1,584 sf

$1.4M

Unit 136

2 bd2 ba1,532 sf

$946/SF7 DOM

$1.5M

Unit 241

2 bd2 ba1,532 sf

$979/SF2 DOM

$1.7M

Unit 1035

2 bd2 ba1,547 sf

$1092/SF28 DOM

For Rent (6)

$6K

2 bd2 ba1,546 sf

$7K

Unit 926

2 bd2 ba1,532 sf

$4/SF119 DOM

$7K

Unit 1036

2 bd2 ba1,532 sf

$5/SF114 DOM

$9K

Unit 430

3 bd3 ba2,001 sf

$5/SF531 DOM

$10K

3 bd3 ba2,001 sf

$14K

Unit 525

4 bd4 ba3,083 sf

Recent Sales

Date	Price	$/SF	Bed/Bath	SF
Jan 16, 2026	$990K	$639.95	2/2	1,547
Nov 14, 2025	$900K	$587.47	2/2	1,532
Nov 6, 2025	$900K	$587.47	2/2	1,532
Aug 15, 2025	$1.1M	$750.65	2/2	1,532
Aug 11, 2025	$1.2M

Units & Ownership

Total Units

283

Avg Sqft

1,766 SF

Avg Assessed

$994K

Owner-Occupied

32%

Tax & Ownership

Investor-Owned

68%

Owner-Occupied

32%

Avg Assessed Value

$994K

Avg Taxable Value

$978K

Effective Year Built

1980

Zoning

5000

Unit Mix

1 BR2

Avg 1,308 SF

2 BR221

Avg 1,571 SF

3 BR43

Avg 2,255 SF

4 BR17

Avg 3,114 SF

Unit Directory

Showing 10 of 283 units

Unit	Beds	Baths	SF	Assessed	Owner	Last Sale	$/SF	Sale Date
100	2	2	1,440	$509K	✓	$562K	$390	Mar 2011
102	2	2	1,506	$849K	—	$595K	$395	Sep 2012
104	2	2	1,532	$882K	—	$235K	$153	Jul 1998
105	2	2	1,821	$1.1M	—	$830K	$456	Jul 2012
106	2	2	1,547	$833K	✓	$1.2M	$763	Mar 2022
107	2	2	1,486	$884K	—	$1.4M	$942	Aug 2022
108	3	3	2,010	$1.3M	—	$415K	$206	May 1998
109	2	2	1,532	$549K	✓	$625K	$408	Jul 2005
110	3	3	2,211	$1.2M	✓	$1.5M	$690	Aug 2017
111	2	2	1,602	$642K	✓	$1.1M	$687	Sep 2014