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All stats are year over year

Updated August 17, 2026 12:01PM EST

Echo Video

Days on MarketDOM

41Days | -11%
Echo Video

Active InventoryAI

4,590 Homes | -23%
Echo Video

Median Sales PriceMSP

$660,090 | 8%
Echo Video

New ListingsNL

1,433 Homes | -5%
Echo Video

Closed SalesCS

1,336 Homes | 13%
Echo Video

Dollar VolumeDV

$1.7B | 42%
Echo Video

Months of InventoryMOI

3.7 Months | -33%
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Pending SalesCS

1,264 Homes | 5%
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Emerald Bay Key Biscayne

A subdivision of Key Colony.

Total Homes : 285

Percentage Available: 1.8 %

Gated : No

Club Membership : No

No-Fee Community : No

Emerald Bay Key Biscayne, Key Biscayne, FL Homes for Sale

LOCATION PRICE BEDS BATHS $/SQFT
151 Crandon Blvd #1222 | The Emeraldbay @ Key Colo $3,400,000 4 3/1 $1,088 -
151 Crandon Blvd #1222 | The Emeraldbay @ Key Colo $2,750,000 4 3 $1,024 -
151 Crandon Blvd #202-204 | The Emeraldbay @ Key Colo $2,650,000 4 4 $972 -
151 Crandon Blvd #1136 | The Emeraldbay @ Key Colo $2,575,000 3 3 $1,246 -
151 Crandon Blvd #725 | The Emeraldbay @ Key Colo $2,750,000 4 4 $892 -
151 Crandon Blvd #1226 | The Emeraldbay @ Key Colo $2,100,000 4 4 $880 -
151 N Crandon Blvd #630 | The Emeraldbay @ Key Colo $2,400,000 3 3 $1,200 -
151 Crandon Blvd #1030 | The Emeraldbay @ Key Colo $2,200,000 3 3 $1,147 -
151 Crandon Blvd #543 | The Emeraldbay @ Key Colo $2,050,000 3 3 $945 -
151 Crandon Blvd #604 | The Emeraldbay @ Key Colo $1,950,000 3 3 $1,095 -
151 Crandon Blvd #1002 | The Emeraldbay @ Key Colo $1,705,000 2 2 $1,126 -
151 Crandon Blvd #934 | The Emeraldbay @ Key Colo $1,445,000 2 2 $1,007 -
151 Crandon Blvd #136 | The Emeraldbay @ Key Colo $1,400,000 2 2 $947 -
151 Crandon Blvd #936 | The Emeraldbay @ Key Colo $1,400,000 2 2 $947 -
151 Crandon Blvd #823 | The Emeraldbay @ Key Colo $1,325,000 2 2 $802 -
151 Crandon Blvd #702 | The Emeraldbay @ Key Colon $1,250,000 2 2 $929 -
151 Crandon Blvd #1031 | The Emeraldbay @ Key Colo $1,175,000 2 2 $902 -
151 Crandon Blvd #838 | The Emeraldbay @ Key Colo $1,220,000 2 2 $860 -
151 Crandon Blvd #626 | The Emeraldbay @ Key Colo $1,260,000 2 2 $846 -
151 Crandon Blvd #926 | The Emeraldbay @ Key Colo $1,150,000 2 2 $846 -
151 Crandon Blvd #928 | The Emeraldbay Key Colony $1,250,000 2 2 $846 -
151 Crandon Blvd #342 | The Emeraldbay @ Key Colo $1,200,000 2 2 $825 -
151 Crandon Blvd #1023 | The Emeraldbay @ Key Colo $1,080,000 2 2 $704 -
151 Crandon Blvd #1002 | The Emeraldbay @ Key Colo $1,125,000 2 2 $830 -
151 Crandon Blvd #206 | The Emeraldbay @ Key Colo $990,000 2 2 $799 -
151 Crandon Blvd #600 | The Emeraldbay @ Key Colo $1,140,000 2 2 $821 -
151 Crandon Boulevard #1033 | Key Colony $1,075,000 2 2 $777 -
151 Crandon Blvd #526 | The Emerald Bay @ Key Colo $900,000 2 2 $712 -
151 Crandon Blvd #602 | The Emeraldbay @ Key Colon $1,060,000 2 2 $722 -
151 Crandon Blvd #140 | The Emeraldbay @ Key Colo $975,000 2 2 $686 -
151 Crandon Blvd #628 | Key Colony $900,000 2 2 $653 -
151 Crandon Blvd #340 | The Emeraldbay @ Key Colo $940,000 2 2 $639 -
151 Crandon Blvd #540 | The Emeraldbay @ Key Colo $900,000 2 2 $637 -
151 Crandon Blvd #431 | The Emeraldbay @ Key Colo $920,000 2 2 $621 -
151 Crandon Blvd #138 | The Emerald Bay $850,500 2 2 $582 -
151 Crandon Blvd #422 | The Emeraldbay @ Key Colo $865,000 2 2 $582 -
151 Crandon Blvd #127 | The Emeraldbay @ Key Colo $780,000 1 1/1 $758 -
151 Crandon Blvd #500 | The Emeraldbay @ Key Colo $14,000/mo 4 4/1 $6 -
151 Crandon Blvd #525 | The Emerald Bay $13,500/mo 4 4 $5 -
151 Crandon Blvd #939 | The Emeraldbay @ Key Colo $13,000/mo 3 3 $6 -

151 Crandon Blvd #241 | The Emeraldbay @ Key Colo

$1,500,000

2 beds, 2 baths, 1,532sqft, $980/sqft

151 Crandon Blvd #122 | The Emeraldbay @ Key Colo

$1,438,000

2 beds, 2 baths, 1,467sqft, $981/sqft

151 Crandon Blvd #626 | The Emeraldbay @ Key Colo

$1,295,000

2 beds, 2 baths, 1,532sqft, $846/sqft

151 Crandon Blvd #320 | The Emeraldbay @ Key Colo

$1,250,000

2 beds, 2 baths, 1,488sqft, $841/sqft

151 Crandon Blvd #138 | The Emeraldbay @ Key Colo

$12,000/mo

2 beds, 2 baths, 1,547sqft, $8/sqft

151 Crandon Blvd #444 | The Emeraldbay @ Key Colo

$9,200/mo

2 beds, 2 baths, 1,684sqft, $6/sqft

151 Crandon Blvd #439 | The Emeraldbay

$7,900/mo

2 beds, 2 baths, 1,547sqft, $6/sqft

151 Crandon Blvd #524 | The Emerald Bay

$7,800/mo

2 beds, 2 baths, 1,532sqft, $6/sqft

151 Crandon Blvd #736 | The Emeraldbay @ Key Colo

$7,500/mo

2 beds, 2 baths, 1,532sqft, $5/sqft

151 Crandon Blvd #1134 | The Emeraldbay @ Key Colo

$7,500/mo

2 beds, 2 baths, 1,584sqft, $5/sqft

151 Crandon Blvd #441 | The Emeraldbay @ Key Colo

$6,500/mo

2 beds, 2 baths, 1,532sqft, $5/sqft

151 Crandon Blvd #822 | The Emeraldbay @ Key Colo

$6,500/mo

2 beds, 2 baths, 1,547sqft, $5/sqft

151 Crandon Blvd #120 | The Emeraldbay @ Key Colo

$6,000/mo

2 beds, 2 baths, 1,454sqft, $5/sqft

151 Crandon Blvd #236 | The Emeraldbay @ Key Colo

$6,000/mo

2 beds, 2 baths, 1,532sqft, $4/sqft

151 Crandon Blvd #341 | The Emeraldbay @ Key Colon

$5,000/mo

2 beds, 2 baths, 1,532sqft, $4/sqft

151 Crandon Blvd #127 | The Emeraldbay @ Key Colo

$4,300/mo

1 beds, 1/1 baths, 1,103sqft, $4/sqft

151 Crandon Blvd #241 | The Emeraldbay @ Key Colo

$1,500,000

2 beds, 2 baths, 1,532sqft, $980/sqft

151 Crandon Blvd #122 | The Emeraldbay @ Key Colo

$1,438,000

2 beds, 2 baths, 1,467sqft, $981/sqft

151 Crandon Blvd #626 | The Emeraldbay @ Key Colo

$1,295,000

2 beds, 2 baths, 1,532sqft, $846/sqft

151 Crandon Blvd #320 | The Emeraldbay @ Key Colo

$1,250,000

2 beds, 2 baths, 1,488sqft, $841/sqft

151 Crandon Blvd #138 | The Emeraldbay @ Key Colo

$12,000/mo

2 beds, 2 baths, 1,547sqft, $8/sqft

151 Crandon Blvd #444 | The Emeraldbay @ Key Colo

$9,200/mo

2 beds, 2 baths, 1,684sqft, $6/sqft

151 Crandon Blvd #439 | The Emeraldbay

$7,900/mo

2 beds, 2 baths, 1,547sqft, $6/sqft

151 Crandon Blvd #524 | The Emerald Bay

$7,800/mo

2 beds, 2 baths, 1,532sqft, $6/sqft

151 Crandon Blvd #736 | The Emeraldbay @ Key Colo

$7,500/mo

2 beds, 2 baths, 1,532sqft, $5/sqft

151 Crandon Blvd #1134 | The Emeraldbay @ Key Colo

$7,500/mo

2 beds, 2 baths, 1,584sqft, $5/sqft

151 Crandon Blvd #441 | The Emeraldbay @ Key Colo

$6,500/mo

2 beds, 2 baths, 1,532sqft, $5/sqft

151 Crandon Blvd #822 | The Emeraldbay @ Key Colo

$6,500/mo

2 beds, 2 baths, 1,547sqft, $5/sqft

151 Crandon Blvd #236 | The Emeraldbay @ Key Colo

$6,000/mo

2 beds, 2 baths, 1,532sqft, $4/sqft

151 Crandon Blvd #120 | The Emeraldbay @ Key Colo

$6,000/mo

2 beds, 2 baths, 1,454sqft, $5/sqft

151 Crandon Blvd #341 | The Emeraldbay @ Key Colon

$5,000/mo

2 beds, 2 baths, 1,532sqft, $4/sqft

151 Crandon Blvd #127 | The Emeraldbay @ Key Colo

$4,300/mo

1 beds, 1/1 baths, 1,103sqft, $4/sqft

151 Crandon Blvd #1222 | The Emeraldbay @ Key Colo

$3,400,000

4 beds, 3/1 baths, 3,127sqft, $1,088/sqft

151 Crandon Blvd #1222 | The Emeraldbay @ Key Colo

$2,750,000

4 beds, 3 baths, 3,127sqft, $1,024/sqft

151 Crandon Blvd #202-204 | The Emeraldbay @ Key Colo

$2,650,000

4 beds, 4 baths, 3,038sqft, $972/sqft

151 Crandon Blvd #1136 | The Emeraldbay @ Key Colo

$2,575,000

3 beds, 3 baths, 2,328sqft, $1,246/sqft

151 Crandon Blvd #725 | The Emeraldbay @ Key Colo

$2,750,000

4 beds, 4 baths, 3,083sqft, $892/sqft

151 Crandon Blvd #1226 | The Emeraldbay @ Key Colo

$2,100,000

4 beds, 4 baths, 3,127sqft, $880/sqft

151 N Crandon Blvd #630 | The Emeraldbay @ Key Colo

$2,400,000

3 beds, 3 baths, 2,001sqft, $1,200/sqft

151 Crandon Blvd #1030 | The Emeraldbay @ Key Colo

$2,200,000

3 beds, 3 baths, 2,001sqft, $1,147/sqft

151 Crandon Blvd #543 | The Emeraldbay @ Key Colo

$2,050,000

3 beds, 3 baths, 2,330sqft, $945/sqft

151 Crandon Blvd #604 | The Emeraldbay @ Key Colo

$1,950,000

3 beds, 3 baths, 2,010sqft, $1,095/sqft

151 Crandon Blvd #1002 | The Emeraldbay @ Key Colo

$1,705,000

2 beds, 2 baths, 1,506sqft, $1,126/sqft

151 Crandon Blvd #934 | The Emeraldbay @ Key Colo

$1,445,000

2 beds, 2 baths, 1,584sqft, $1,007/sqft

151 Crandon Blvd #136 | The Emeraldbay @ Key Colo

$1,400,000

2 beds, 2 baths, 1,532sqft, $947/sqft

151 Crandon Blvd #936 | The Emeraldbay @ Key Colo

$1,400,000

2 beds, 2 baths, 1,532sqft, $947/sqft

151 Crandon Blvd #823 | The Emeraldbay @ Key Colo

$1,325,000

2 beds, 2 baths, 1,778sqft, $802/sqft

151 Crandon Blvd #702 | The Emeraldbay @ Key Colon

$1,250,000

2 beds, 2 baths, 1,506sqft, $929/sqft

151 Crandon Blvd #1031 | The Emeraldbay @ Key Colo

$1,175,000

2 beds, 2 baths, 1,547sqft, $902/sqft

151 Crandon Blvd #838 | The Emeraldbay @ Key Colo

$1,220,000

2 beds, 2 baths, 1,547sqft, $860/sqft

151 Crandon Blvd #626 | The Emeraldbay @ Key Colo

$1,260,000

2 beds, 2 baths, 1,532sqft, $846/sqft

151 Crandon Blvd #926 | The Emeraldbay @ Key Colo

$1,150,000

2 beds, 2 baths, 1,532sqft, $846/sqft

151 Crandon Blvd #928 | The Emeraldbay Key Colony

$1,250,000

2 beds, 2 baths, 1,532sqft, $846/sqft

151 Crandon Blvd #342 | The Emeraldbay @ Key Colo

$1,200,000

2 beds, 2 baths, 1,547sqft, $825/sqft

151 Crandon Blvd #1023 | The Emeraldbay @ Key Colo

$1,080,000

2 beds, 2 baths, 1,778sqft, $704/sqft

151 Crandon Blvd #1002 | The Emeraldbay @ Key Colo

$1,125,000

2 beds, 2 baths, 1,506sqft, $830/sqft

151 Crandon Blvd #206 | The Emeraldbay @ Key Colo

$990,000

2 beds, 2 baths, 1,547sqft, $799/sqft

151 Crandon Blvd #600 | The Emeraldbay @ Key Colo

$1,140,000

2 beds, 2 baths, 1,506sqft, $821/sqft

151 Crandon Boulevard #1033 | Key Colony

$1,075,000

2 beds, 2 baths, 1,546sqft, $777/sqft

151 Crandon Blvd #526 | The Emerald Bay @ Key Colo

$900,000

2 beds, 2 baths, 1,532sqft, $712/sqft

151 Crandon Blvd #602 | The Emeraldbay @ Key Colon

$1,060,000

2 beds, 2 baths, 1,469sqft, $722/sqft

151 Crandon Blvd #140 | The Emeraldbay @ Key Colo

$975,000

2 beds, 2 baths, 1,532sqft, $686/sqft

151 Crandon Blvd #628 | Key Colony

$900,000

2 beds, 2 baths, 1,532sqft, $653/sqft

151 Crandon Blvd #340 | The Emeraldbay @ Key Colo

$940,000

2 beds, 2 baths, 1,532sqft, $639/sqft

151 Crandon Blvd #540 | The Emeraldbay @ Key Colo

$900,000

2 beds, 2 baths, 1,532sqft, $637/sqft

151 Crandon Blvd #431 | The Emeraldbay @ Key Colo

$920,000

2 beds, 2 baths, 1,547sqft, $621/sqft

151 Crandon Blvd #138 | The Emerald Bay

$850,500

2 beds, 2 baths, 1,547sqft, $582/sqft

151 Crandon Blvd #422 | The Emeraldbay @ Key Colo

$865,000

2 beds, 2 baths, 1,547sqft, $582/sqft

151 Crandon Blvd #127 | The Emeraldbay @ Key Colo

$780,000

1 beds, 1/1 baths, 1,103sqft, $758/sqft

151 Crandon Blvd #500 | The Emeraldbay @ Key Colo

$14,000/mo

4 beds, 4/1 baths, 2,957sqft, $6/sqft

151 Crandon Blvd #525 | The Emerald Bay

$13,500/mo

4 beds, 4 baths, 3,083sqft, $5/sqft

151 Crandon Blvd #939 | The Emeraldbay @ Key Colo

$13,000/mo

3 beds, 3 baths, 2,330sqft, $6/sqft

Emerald Bay Key Biscayne Map

Loading map...

Discover the Lifestyle of Emerald Bay Homes

Emerald Bay is a condominium subdivision of Key Colony on Key Biscayne, located along Crandon Boulevard near the Atlantic Ocean. The 12-story residential community includes approximately 285 condominium residences and places residents within easy reach of Key Biscayne’s beaches, parks, shops, restaurants, and outdoor recreation.

Emerald Bay is part of the larger Key Colony development, which includes four condominium subdivisions. The individual Emerald Bay community is not gated, while the broader Key Colony property has secured and controlled access. This distinction gives Emerald Bay its own condominium association while also connecting it to the larger Key Colony setting.

About Emerald Bay

Emerald Bay, also known as Key Colony III, is a condominium building at 151 Crandon Boulevard. Completed in 1980, the building is one of four residential communities that make up Key Colony on Key Biscayne.

The property features a high-rise design and a landscaped coastal setting. Residences are available in a variety of layouts, with views that can include the surrounding gardens, Biscayne Bay, Atlantic Ocean, or Miami skyline depending on the location within the building.

Because Emerald Bay is a subdivision of Key Colony, some recreational facilities and outdoor spaces are associated with the larger Key Colony development rather than the Emerald Bay condominium association itself.

History of Emerald Bay

Emerald Bay was developed as Key Colony III during the period when Key Biscayne was experiencing significant residential development. The larger Key Colony complex was developed by Fritz Scharenberg and its four condominium communities were constructed between the late 1970s and early 1980s.

Emerald Bay was completed in 1980, followed by Botanica in 1981. Together with Tidemark and Oceansound, the four communities form the larger Key Colony residential complex along the oceanfront portion of Crandon Boulevard.

Amenities

Emerald Bay offers its own building amenities, while residents also benefit from recreational facilities associated with the broader Key Colony development.

  • Emerald Bay amenities include:
  • Swimming pool
  • Fitness center
  • Jacuzzi
  • Concierge service
  • Valet parking

Key Colony amenities include:

  • Private beach access
  • Tennis courts
  • Swimming and recreation pools
  • Landscaped outdoor areas
  • Recreational facilities
  • Secured community access

Nearby Key Biscayne amenities include Crandon Park, Bill Baggs Cape Florida State Park, public beaches, local restaurants, shops, and other village services.

Key Details

  • Community type: Condominium subdivision
  • Parent community: Key Colony
  • Property type: Condominiums
  • Total residences: Approximately 285
  • Year built: 1980
  • Gated status: Emerald Bay is not gated
  • Club membership: No club membership required
  • Location: 151 Crandon Boulevard, Key Biscayne, Florida
  • Major road: Crandon Boulevard
  • Building: Key Colony III
  • Association: Emerald Bay at Key Colony Condominium Association

Association fees, assessments, leasing policies, and other ownership requirements can vary and should be confirmed for the specific condominium being considered.

Nearby Communities

The Towers of Key Biscayne — Another condominium community on Crandon Boulevard, with multiple residential towers and a location close to the beaches and other Key Biscayne amenities. It offers another high-rise condominium option for buyers comparing properties on the island.

Ocean Lane Plaza — A  smaller condominium community on Ocean Lane. Its location provides another option for condominium living near Key Biscayne’s waterfront, parks, restaurants, and village amenities.

Ocean Village Key Biscayne — Another condominium community near Ocean Lane and the eastern side of Key Biscayne. Its location makes it a useful comparison for buyers looking at condominium properties close to the island’s beaches and recreational areas.

Work with Echo Fine Properties

Explore available condominiums in Emerald Bay and compare current listings with other Key Biscayne communities. Echo Fine Properties can help you evaluate available properties, association details, pricing, and the differences between Emerald Bay and other condominium communities on the island.

Emerald Bay Homes for Sale FAQs

Where is Emerald Bay located? 

Emerald Bay is located at 151 Crandon Boulevard in Key Biscayne, Florida. It sits within the larger Key Colony development near the Atlantic Ocean. The location provides access to Key Biscayne beaches, parks, restaurants, shops, and recreational destinations. 

Is Emerald Bay part of Key Colony? 

Yes. Emerald Bay is a subdivision of Key Colony and is also known as Key Colony III. Key Colony includes four condominium subdivisions: Tidemark, Oceansound, Emerald Bay, and Botanica. 

Is Emerald Bay gated? 

Emerald Bay itself is not gated. It is an individual condominium subdivision within Key Colony, while the larger Key Colony property has secured access and security measures. 

What amenities are available at Emerald Bay? 

Emerald Bay has amenities including a swimming pool, fitness center, Jacuzzi, concierge service, and valet parking. Residents can also have access to amenities associated with the larger Key Colony development, including private beach access, tennis courts, pools, and recreational areas. Specific access and use are subject to the applicable association rules. 

What type of properties are available in Emerald Bay? 

Emerald Bay consists of condominium residences within a 12-story building. Available properties can vary in layout, condition, views, and interior finishes. Current listings should be reviewed individually for details such as bedrooms, bathrooms, square footage, and asking price. 

Emerald Bay Key Biscayne Market Status

Emerald Bay Key Biscayne, FL Market Report & Stats

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