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251 Crandon Blvd # 806, Key Biscayne FL 33149

Condo/Co-op For Sale
$2,900,000

BTC: 37.87878788

ETH: 1,250.00000000

1 days
Waterfront
2 bds
2 ba
2,220 sqft

Overview

Rare opportunity to own the only northeast-facing slope residence currently available for sale at Oceansound in Key Colony! This spacious 2-bedroom residence with a den/flexible interior space offers approximately 2,200 sq. ft. and the potential to reconfigure the layout to accommodate an additional bedroom. One of the property's most impressive features is its two expansive balconies, including an oversized slope balcony, offering over 500 sq. ft. of private outdoor living space—perfect for relaxing, entertaining, and enjoying breathtaking panoramic views of the Atlantic Ocean, Biscayne Bay, and the Brickell skyline. Another exceptional feature is the approximately 130 sq. ft. of additional covered storage space within the unit, a rare convenience not available in other residences. The property also includes two assigned parking spaces, further enhancing its appeal. Meticulously maintained, the residence features impact windows in the living areas and bedrooms. The building has fully funded reserves, with no special assessments currently anticipated. Key Colony offers resort-style amenities, including 12 tennis courts, an Olympic-size pool, a children's playground, and direct beach access. A truly unique opportunity combining generous interior space, over 500 sq. ft. of private balconies, rare in-unit storage, spectacular views, and two assigned parking spaces in one of Key Biscayne's most desirable communities. Easy to show!

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Covered / Deeded / Guest
Year Built:
1979
Lot:
No Data
Heating:
Central
Price/sqft:
$1,306
Cooling:
Central Air
HOA:
$7,357

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,300,000
$897K – $2.3M
Confidence Low
List vs. estimate
$1.6M above estimate
List $2,900,000 · +123.1%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,306
+28.7% vs. city median $1,014
Based on
35 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $1.2M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$15,758
2025
HOA
$7,357/qtr
Pool
Private
View
Ocean View, Skyline
Waterfront
Ocean Front
Garage
2 car garage
All facts and features
  • Flooring

    • Ceramic Floor

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Microwave

    • Refrigerator

    • Washer

    Other interior features

    • Lobby

    • Split Bedroom

    • Walk-In Closet(s)

    • Den/Library/Office

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Bathrooms: 1

    • Full bathrooms: 2

  • Parking

    • 2 Or More Spaces

    • Covered

    • Deeded

    • Guest

    Property

    • Pool Private: Yes

    Other Property Information

    • Parcel Number: 24-42-32-018-0530

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $7,357

    • HOA Frequency: Quarterly

    • Annual tax amount: $15,758

  • Source details

    • MLS ID: A12116685

    Other facts

    • Construction Materials: Concrete Block Construction

    • Window Features: Hurricane Shutters / Blinds / High Impact Windows

    • Architectural Style: High Rise

    • Waterfront: Yes

    • Garage Spaces: 2

    • Garage: Yes

    • Living Area: 2220

    • Subdivision Name: KEY COLONY NO 2 CONDO

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Serhant