+28 more
$1.7M
The Emerald Bay Unit 1035
151 Crandon Blvd, Unit 1035 • Key Biscayne, FL 33149
About This Unit
2 bedrooms plus Den. Split floor plan . Fully renovated high-floor residence in Emerald Bay at Key Colony featuring desirable south exposure with beautiful water views stretching from east to west and exceptional natural light. Turnkey split floor plan with 2 bedrooms 2 bathrooms plus a DEN currently used as a third bedroom. Recently and completely renovated with high-end finishes, including top of the line appliances , wood floors throughout, new A/C system, new in-wall wiring for high-speed internet in every room, and electric shades.
Pricing at The Emerald Bay — $1,092/sqft
At $1,092/sqft, The Emerald Bay Unit 1035 is priced above the building's typical 2BR — premium positioning.
The Emerald Bay Unit 1035 vs Active Listings at The Emerald Bay: This condo is +14.5% higher (+$138/more per sqft) than the building's active 2BR median of $954/sqft, based on 6 active 2BRs.
The Emerald Bay Unit 1035 vs Recent Sold Listings at The Emerald Bay: This unit is +43.2% higher (+$329/more per sqft) than recent 2BR sales (median $763/sqft, based on 6 sales over 9 months).
Rank: This unit's $/sqft is higher than 67% of currently-active 2BR units at The Emerald Bay (sample of 6).
Insider Negotiation Strategy: 2BR units at The Emerald Bay typically close at 92.1% of asking. At that ratio, this unit could plausibly trade around $1,555,814.
Based on live MIAMIRE active & closed listings at The Emerald Bay.
Time on Market — 36 days
The Emerald Bay Unit 1035 is around the building's typical pace.
This unit's 36 days on the market is 15 days longer than the active 2BR median of 21 days (+71.4%).
Inventory position: 50th percentile for 2BRs currently active at this building.
Estimated Monthly Cost
Mortgage (P&I)
$9,177
HOA
$2,194
Property Tax
$1,221
Total / mo
$12,593
Assumes 7.20% rate on 20% down (30-year fixed).
Tax effective rate 0.87%.
HOA $1.42/sqft · All-in $8.14/sqft / month.
Excludes wind / flood / contents insurance — verify your actual rate with a lender.
Schedule your private showing at The Emerald Bay.
Walk the unit with someone who knows this building inside out. Get pricing history, negotiation strategy, and the things the listing won't tell you.
That's (305) 337-4259 • Available 7 days a week
Recent Comparable Sales
Active 2BR Comps at The Emerald Bay
UnitListSqft$/sqftDOM
#—
—
1,488
$867
6
#—
—
1,532
$845
56
#—
—
1,506
$929
306
#—
—
1,532
$979
2
#—
—
1,547
$1092
36
Recent Closed 2BR Sales
ClosedUnitSold$/sqftvs List
2025-08-11
#—
$1,200,000
$776
—
2025-08-15
#—
$1,150,000
$751
—
2025-11-14
#—
$900,000
$587
—
2026-01-16
#—
$990,000
$640
—
2026-03-30
#—
$1,250,000
$816
—
Comps are limited to the same bedroom count. Sold prices reflect what closed buyers actually paid.
What to Verify
Flood Zone: This unit is in flood zone AE. High-risk flood zone (Special Flood Hazard Area). Federal flood insurance required for federally-backed mortgages.
Building Age: Built in 1980 (46 years old) — past Florida's 40-year recertification trigger; verify milestone status.
Verify all of the above with the HOA before closing.
💰 Current Owner's Cost Basis
The current owner bought this unit Jun 2022 for $1,340,000 — held 4 years. They’re now asking $1,690,000 — +26.1% (+$350,000) vs. cost basis.
Source: most recent qualified deed on file with the Miami-Dade Property Appraiser.
Sales History
| Date | Price | Type |
|---|---|---|
| Jun 2022 | $1,340,000 | arm’s-length |
| Sep 2007 | $274,910 | Other disqualified |
| May 2007 | $687,500 | arm’s-length |
| Sep 2001 | $430,000 | arm’s-length |
| Aug 1992 | $460,000 | arm’s-length |
| Feb 1985 | $162,500 | arm’s-length |
Source: Miami-Dade Property Appraiser. County living area: 1,547 sqft.
Building: The Emerald Bay
Unit: 1035
Year Built: 1980
Stories: 12
City: Key Biscayne
Postal Code: 33149
HOA Fee: $6,582 / Quarterly
View: Ocean View, Pool Area View
Waterfront: Yes
Private Pool: No
Heating: Central
Cooling: Central Air
Days on Market: 36
Listed: March 12, 2026
MLS #: A11981260
Location
Listing courtesy of: Urdapilleta Real Estate, LLC
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11981260
• Updated Apr 18, 2026
