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Waterfront · Condominium
$1,150,000$1,086 / 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
Direct ocean views from the 6th floor of Tidemark, the oceanfront building at Key Colony. This 1,059 sq ft residence has an open living and dining area that flows to a covered balcony facing the Atlantic, a spacious primary bedroom, a den and two full baths. Marble floors, washer and dryer in the unit, and one assigned covered parking space under the building. Key Colony is a 24 hour guard gated oceanfront community on more than 40 acres with a private beach, 12 tennis courts, an Olympic lap pool plus a pool at each building, jacuzzi, sauna, fitness center, community room, and an on site market and salon. Steps from the beach, Crandon Park and the Village of Key Biscayne. Leasing allowed with a 90 day minimum. Owners may keep one dog up to 20 lbs.
Features
- Lobby
- Built-in Features
- Closet Cabinetry
- Fire Sprinklers
- Den/Library/Office
- East Of Us1
- Open Balcony
- Tennis Court(s)
- Ocean View
- Direct Ocean
- Pool Area View
Leasing
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 15 active listings; the middle half ask $3,000–$4,500.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.