Cays Realty
251 Crandon Blvd 227, Key Biscayne, FL 33149 — MLS photo

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251 Crandon Blvd 227, Key Biscayne, FL 33149

Active · Condominium

$1,900,000

251 Crandon Blvd 227, Key Biscayne, FL 33149

Beds
3
Baths
2
Living area
1,546 sq ft
$ / sq ft
$1,229/sq ft
Year built
1979
Lot size
—
HOA fee
$5,121 Quarterly
Annual tax
$15,386

About this property

Completely remodeled and sold fully furnished as is located a Key Colony Oceansound. This spacious residence features 2 large bedrooms PLUS an enclosed den currently used as a third bedroom. 2 full renovated bathrooms. Modern open kitchen with breakfast bar, integrated living and dining areas. Abundant natural light throughout. Facing north, the unit has green and open view, super quiet & with privacy. Unit includes one assigned covered parking space. Enjoy the full array of Key Colony amenities—pool, tennis courts, gym, beach access, and more—along with the unmatched Key Biscayne lifestyle.

Property location

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251 Crandon Blvd 227, Key Biscayne, FL 33149

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Facts & features

Interior

Bedrooms
3
Bathrooms
2
Living area
1,546 sq ft
Flooring
Tile
Appliances
Built In Oven, Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
Cooling
Electric
Heating
Electric
Interior features
Bidet, Breakfast Area, Closet Cabinetry, Dual Sinks, Entrance Foyer, Eat In Kitchen, Living Dining Room, Pantry, Sitting Area In Primary, Split Bedrooms, Shower Only, Walk In Closets, Bar

Exterior & Structure

Property type
Condominium
Year built
1979
Stories
12
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Storm Security Shutters
Pool
Association
Waterfront
Ocean Access, Ocean Front
View
Garden

Parking

Garage spaces
1
Covered spaces
1
Parking features
Assigned, Attached, Covered, Garage, One Space

HOA, Community & Financials

Association fee
$5,121 Quarterly
Fee inclusions
Association Management, Common Areas, Maintenance Structure, Pools, Sewer, Security, Trash, Water
Amenities
Bike Storage, Clubhouse, Fitness Center, Library, Playground, Pool, Tennis Courts, Trash, Elevators
Security
Complex Fenced, Door Man, Lobby Secured, Security Guard, Fire Sprinkler System
Pets allowed
Conditional, Yes
Annual tax
$15,386
Subdivision
KEY COLONY NO 2 CONDO
County
Miami-Dade
Days on market
371
MLS listing ID
A11883237
Listing status
Active

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Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$5,897

Cap rate
2.0%
Net yield
2.0%
Cash-on-cash return
-13.3%
Gross yield
5.1%
Mortgage payment
$9,007/mo
Down payment
$475,000
Loan amount
$1,425,000
Annual NOI
$37,316

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.