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Waterfront · Condominium
$970,000$660 / sqft
141 Crandon Blvd # 329, Key Biscayne FL 33149
Listed
2
Bedrooms
2
Bathrooms
1,470 sqft
Interior
1981
Year built
$1,865 / mo
HOA
Condominium
Type
About this home
Priced to sell! This is the lowest-priced 2-bedroom, 2-bathroom unit in the entire complex, offering an exceptional opportunity for buyers seeking value. Enjoy resort-style living year-round at Key Colony! This desirable residence features two private balconies, including a spacious one perfect for outdoor entertaining, relaxing, and enjoying the Key Biscayne lifestyle. The unit offers the lowest HOA fee in the building. Recent upgrades include a new A/C system installed in 2025 and a new water heater installed in 2026. Key Colony offers an exceptional array of amenities, including private beach access, 12 tennis courts, a lap pool, a fitness center, a children’s playground, a salon and spa, and the convenience of the gourmet Golden Hog market. Experience the comfort of a true resort-style community, with everything you need to enjoy beach living every day! Some pictures are virtually staged
Features
- Lobby
- Roman Tub
- East Of Us1
- Open Balcony
- Tennis Court(s)
- Garden View
- Other View
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- Okay To Lease 1st Year
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 2-bed rentals in Key Biscayne, from 80 active listings; the middle half ask $6,500–$10,000.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.