CENTURY 21 Edge
Pending
$1,599,000$1,695,0002 bd2 ba1,531 sqft$1,044 /sqft$11,818 /mo all-in ↓

201 Crandon Blvd # 227, Key Biscayne FL 33149, KEY BISCAYNE, FL, 33149

Pending131 days on marketListed Apr 2, 2026MLS #A11994058

Reduced $96KCondominiumKEY COLONY NO 1

About this home

201 Crandon Blvd # 227, Key Biscayne FL 33149

Renovated to perfection, this exceptional residence blends elegance and thoughtful design to create a soft, timeless ambiance tailored for the most discerning buyer. With the ocean quite literally at your feet, every moment is infused with tranquility and beauty. Enjoy the full suite of Key Colony amenities, offering comfort and convenience at your doorstep. The expansive terrace, enhanced by a lush garden edge, provides a serene and soothing outdoor retreat—perfect for relaxing or entertaining. Inside the building, a generously sized storage room and 2 parking spots ensure effortless organization and uncluttered living spaces. Offered in impeccable condition, this property is truly move-in ready, requiring no updates—just your presence to enjoy the lifestyle it affords.

Facts & features

The home at a glance

2

Bedrooms

2

Bathrooms

1,531

Sqft

2

Garage

1978

Year built

$1,044

Per sqft

Garden View view

Inside

FlooringTile
AppliancesDishwasher · Dryer · Electric Water Heater · Electric Range · Refrigerator · Washer
InteriorFirst Floor Entry · Built-in Features · Closet Cabinetry · Storage
CoolingCentral Air · Electric
HeatingCentral · Electric

Outside & construction

ConstructionCBS Construction
ViewGarden View
Parking2 Or More Spaces · Additional Spaces Available

Community & fees

HOA fee$1,860/mo
Taxes (2025)$6,842/yr
PetsRestrictions Or Possible Restrictions

Utilities & systems

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.

$11,818 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$8,628
PMI (est., until 20% equity)$600
Property tax — 2025 actual bill$570
Condo fee — from the listing$1,860
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $159,900Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $159,900
Interest rate6.00%
Loan term

Estimated payment

$11,818/mo

Principal & interest$8,628
PMI (est., until 20% equity)$600
Property taxes (actual bill)$570
HOA / condo fee$1,860
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

List $1.6M
$1.1MedgeAI estimate $1,265,074 · range $1.1M$1.5M$1.7M

vs edgeAI estimate

+26.4%

Days on market

131 vs 62 typical

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside Village Of Key Biscayne

Map of 201 Crandon Blvd # 227, Key Biscayne FL 33149 inside its neighborhood boundary

Get to know Key Biscayne. See the full Key Biscayne guide →

Village Of Key Biscayne — neighborhood snapshot

Population

14,603

Median age

44

Median income

$152,910

Median home value

$1,246,268

Avg household

3

Households w/ children

2,233

For the school run

Dade County School District

ElementaryKey Biscayne K-8 Center★★★★★
District Instructional Center (Dic)
HighCoral Gables Senior High School★★★★★
MiddlePonce De Leon Middle School★★★★★
Instructional Center System Wide
Title I Migrant Education Program

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Key Biscayne market

Seller’s marketLeans buyer9.7 months of inventoryBuyer’s market

$1.6M$1.6M

Key Biscayne median sold, yr/yr

94.9%

Sale-to-list ratio (12 mo)

This home is listed 6050% above the KEY BISCAYNE 33149 median. See the full Key Biscayne market guide →

Paper trail

This home's history

CurrentPrice reduced to $1,599,000 $96K
Apr 2, 2026Listed at $1,695,000 · 131 days on market since
1978Built · KEY COLONY NO 1

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

Erwin Vazquez

Your agent

Erwin Vazquez

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about 201 Crandon Blvd # 227 — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 201 Crandon Blvd # 227 — before you fall in love.

See it in person

Schedule a tour

Live availability from Erwin's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

201 Crandon Blvd # 227 FAQs

What would the monthly payment be for 201 Crandon Blvd # 227, Key Biscayne FL 33149?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $11,818/mo — principal and interest, the actual property-tax bill, the $1,860/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

How much are the HOA fees at 201 Crandon Blvd # 227, Key Biscayne FL 33149?+

The association fee works out to $1,860 per month. Ask us for the full association documents — they spell out exactly what the fee covers.

What are the property taxes on 201 Crandon Blvd # 227, Key Biscayne FL 33149?+

The most recent tax bill on record (2025) was $6,842. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Are pets allowed at 201 Crandon Blvd # 227, Key Biscayne FL 33149?+

The listing reports pets: Restrictions Or Possible Restrictions. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

How does the price compare to other homes in Key Biscayne?+

At $1,599,000, this home is listed about 42% below the Key Biscayne median of $2,775,000. The market section on this page shows how the area is trending.

Which schools are assigned to 201 Crandon Blvd # 227, Key Biscayne FL 33149?+

Key Biscayne K-8 Center (elementary), District Instructional Center (Dic) (), Coral Gables Senior High School (high), Ponce De Leon Middle School (middle), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.

The brief

Five things that matter here

01Positioned at the premium end

$1,599,000 runs 6050% above the KEY BISCAYNE 33149 median.

02Garden View views

The garden view view is part of what you're buying — views hold value independently of the structure.

03Know the monthly fee

The association fee is $1,860/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.

04Time on market is leverage

131 days on market against a Key Biscayne median of 62 — sellers in this position are usually ready to negotiate.

05The price has already moved

Listed at $1,695,000, now $1,599,000 — a $96K cut. The full history is in the market section below.

Listing courtesy of BHHS EWM Realty · Alba Biondi PA. MLS #A11994058.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.

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