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Waterfront · Condominium
$1,075,000$1,015 / sqft
201 Crandon Blvd # 605, Key Biscayne FL 33149
Listed
1
Bedrooms
2
Bathrooms
1,059 sqft
Interior
1978
Year built
$1,308 / mo
HOA
Condominium
Type
About this home
Remodeled 1 bed plus den with 2 full baths on the 6th floor of Tidemark, the Key Colony I tower on the ocean side of Key Biscayne. 1,059 SF with ocean views and an open balcony facing east, so you get the sunrise over the water every morning. The kitchen was rebuilt around a stone island, with custom millwork and designer lighting carried through the whole unit. The den works as a home office or a guest room, and with two full baths it lives a lot bigger than a typical 1 bedroom. Washer and dryer in the unit and one assigned covered parking space. Nothing left to do, just move in. Key Colony is a gated oceanfront community on 42 acres with a private beach, 12 tennis courts, an Olympic lap pool, a pool at each building, gym, sauna, steam room, jacuzzi, game room, jogging path and its own retail center, all behind a 24 hour guard gate. Owners can lease with a 3 month minimum. Close to the village shops and restaurants, Crandon Park and Bill Baggs Cape Florida State Park, and a short drive over the Rickenbacker Causeway to Brickell and downtown Miami. Association approval required, allow up to 21 days.
Features
- Lobby
- Built-in Features
- Closet Cabinetry
- Fire Sprinklers
- Den/Library/Office
- East Of Us1
- Open Balcony
- Tennis Court(s)
- Ocean View
- Direct Ocean
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 1-bed rentals in Key Biscayne, from 13 active listings; the middle half ask $3,250–$4,000.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.