Condo in Key Biscayne, FL 33149

The EmeraldBay At Key Colony, 151 Crandon Blvd #1002

Rarely available and partially renovated in 2025 including new appliances, this 3 bedrooms, 3 baths residence offers one of the most desirable floor plans in key colony's sought-after hotel section. Featuring an oversized private terrace ideal for indoor-outdoor living and entertaining, this unique property stans out from virtually every competing unit in the community. Unlike most residences in key biscayne, this unit allows legal short-term rentals with no minimum lease period, offering unparalleled flexibility for personal use, seasonal enjoyment, or income generation. Currently lease through october 31st, the property is already producing a gross return exceeding 6%, making it an exceptional turnkey investment opportunity.

Discover one of key colony's most coveted floor plans in the heart of key biscayne's prestigious hotel section. This stunning 3-bedroom, 3-bath residence features a spacious living room with balcony overlooking one of the community pools and lush green areas. Fully equipped kitchen with dining area. Enjoy resort-style amenities including a private beach, olympic-sized lap pool, oceanfront pool, 12 tennis courts, fitness center, bbq areas, 24-hour security, and beautifully landscaped tropical grounds. Unit comes with two covered parking spaces! Rare opportunity to legally short-term rent with no minimum lease period. Perfect for personal use, seasonal enjoyment, or investment. Don't miss it!