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Waterfront · Condominium
$2,800,000$1,436 / sqft
201 Crandon Blvd # 643, Key Biscayne FL 33149
Listed
2
Bedrooms
2
Bathrooms
1,950 sqft
Interior
1978
Year built
$2,349 / mo
HOA
Condominium
Type
About this home
Rarely available Direct Oceanfront 2 bedroom / 2 bath slope unit hits the market. This high floor southeast corner apt. has unobstructed panoramic views of the ocean, Key Biscayne and beach from every room. Unit features 1950 sq. ft of living space, split bedrooms, marble floors, open floor plan. large balcony, extra office space inside master bedroom, natural light throughout, 2 assigned parking spaces and much more. Key Colony offers private pools, beach access, 12 tennis courts and much more.
Features
- Fire Sprinklers
- Other
- Split Bedroom
- Family Room
- Open Balcony
- Direct Ocean
- Other View
- Pool Area View
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
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 2-bed rentals in Key Biscayne, from 83 active listings; the middle half ask $5,500–$9,500.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.