Key Colony No. 1 Condos for Sale & Rent in Key Biscayne

Key Colony No. 1 condos in Key Biscayne, FL: 5 for sale from $875,000, rentals, recent sales, price per square foot and association fees from live MLS data, updated daily.

Key Colony No. 1 at a Glance

Address201 CRANDON BLVD
Year built1978
Units for sale5
Asking prices$875,000 to $2,865,000
Median asking price per sq ft$1,045/sq ft
Median association fee$1,860/mo
Units for rent8
Median asking rent$9,750/mo
Sold in the last 12 months6
Median sold price$1,412,500
Sale price as % of list98.2%
Leased in the last 12 months21
Median leased rent$7,200/mo
Median leased rent per sq ft$4.57/sq ft
Average days to lease55 days
Leased rent as % of asking95.5%
Water frontageOcean Access, Ocean Front, Deeded Beach Access
Pet policy (per listings)Yes

Source: BeachesMLS, every listing at the building's address; figures refresh daily. Not an appraisal.

About Key Colony No. 1

Key Colony No. 1 is an oceanfront condominium in the Key Colony community at 201 Crandon Boulevard in Key Biscayne. Its address is 201 Crandon Boulevard, built in 1978 according to the MLS. Listings describe its water frontage as ocean access, ocean front, deeded beach access. This page gathers every unit the MLS shows at the building's address: the ones for sale, the rentals and the closings of the last twelve months.

Key Colony No. 1 Condos for Sale

5 units are for sale at Key Colony No. 1 right now, from $875,000 to $2,865,000, at a median $1,045 per square foot, with 1 to 3 bedrooms. The median association fee on these listings is $1,860 a month; what it covers differs by building, so confirm it for the unit.

Recent Sales and Rentals at Key Colony No. 1

6 units closed in the last twelve months at a median $1,412,500 ($920 per square foot), at 98.2% of the asking price after 58 days on market. 8 units are for rent at a median $9,750 a month; the association sets the minimum lease term and the approval process.

Before You Buy at Key Colony No. 1

Florida requires milestone structural inspections and fully funded structural reserves for condominium buildings three stories and taller, so the building's inspection reports, its reserve study, the current budget and any special assessment matter as much as the unit. We also read the rules on leasing, pets, renovations and the association's approval process, and check the insurance and the flood zone, before you make an offer at Key Colony No. 1.

Units for Sale at Key Colony No. 1

Units for Rent at Key Colony No. 1

Recently Sold at Key Colony No. 1

Own a Condo at Key Colony No. 1?

A buyer working with BreakThru Realty may already be looking for a residence like yours. BreakThru Realty works with hundreds of prequalified buyers searching for properties. Request a review of recent sales at Key Colony No. 1, the competing listings in the building and your selling options, with no buyer named and nothing shared until you decide.

  • A value range built from comparable Key Colony No. 1 sales, with the reasoning
  • Whether a buyer already working with BreakThru Realty is looking for a property like yours
  • The plan that reaches the rest of the market if no buyer on file fits
  • An estimate of your selling costs and what you would keep after closing

Explore My Key Colony No. 1 Selling Options · Get My Key Biscayne Home Value

Leased at Key Colony No. 1 in the Last 12 Months

What units at the building actually rented for: each closed lease with the rent it closed at, the days it took and how it compared with the asking rent. Rental portals show asking rents; these are achieved rents from BeachesMLS.

Key Colony No. 1: Frequently Asked Questions

How much do condos at Key Colony No. 1 cost?
Units at Key Colony No. 1 are listed from $875,000 to $2,865,000 right now, a median $1,045 per square foot. Over the last twelve months units closed at a median $1,412,500. Floor, view and renovation drive the spread; these figures refresh daily from the MLS.
What are the association fees at Key Colony No. 1?
The median association fee on current and recent listings at Key Colony No. 1 is $1,860 a month. Fees vary by unit size and what the association covers, and older buildings may add special assessments for inspections and repairs, so we confirm the fee, the budget and any assessment for the specific unit.
Can I rent out a unit at Key Colony No. 1?
The Key Colony No. 1 association decides: most South Florida condominiums set a minimum lease term, limit how many times a year a unit may be leased and require tenant approval, and some require an owner to hold the unit for a period first. 8 units are listed for rent in the building right now, which shows leasing is possible; we read the current rules before you buy.
Are pets allowed at Key Colony No. 1?
Listings at Key Colony No. 1 describe the pet policy as "Yes". Weight, breed and number limits are set by the association and can change, so we confirm the current rule for your pet before you offer or apply.
How do I see a unit at Key Colony No. 1?
Request a showing from any listing on this page, or ask a BreakThru agent to arrange a private tour of the units for sale or for rent at Key Colony No. 1. We also compare the building with similar Key Biscayne condominiums so you can see the choice side by side.

To request a tour, call (786) 914-1017 or email sales@breakthrurealty.com.

Explore