3
Bedrooms
3
Bathrooms
1,720
Living Area
1981
Year Built
Rarely available and partially renovated in 2025 including new appliances, this 3 bedrooms, 3 baths residence offers one of the most desirable floor plans in Key Colony's sought-after hotel section. Featuring an oversized private terrace ideal for indoor-outdoor living and entertaining, this unique property stans out from virtually every competing unit in the community. Unlike most residences in Key Biscayne, this unit allows legal short-term rentals with no minimum lease period, offering unparalleled flexibility for personal use, seasonal enjoyment, or income generation. Currently lease through October 31st, the property is already producing a gross return exceeding 6%, making it an exceptional turnkey investment opportunity.
Bedrooms
3
Bathrooms
3
Living Area
1720 sqft
Heating
Electric
Cooling
Electric
Interior Features
First Floor Entry, Closet Cabinetry, Custom Mirrors, Elevator, French Doors, Roman Tub, Split Bedroom
Exterior Features
None, Barbeque, Open Balcony, Tennis Court(s)
Garage Spaces
1
Parking Details
1 Space, No Motorcycle, No Rv/Boats, No Trucks/Trailers
Property Type
Condominium
MLS#
512309550
Year Built
1981
Area
Key Colony No 4 Condo
Days on Market
5
Listing courtesy of BHHS EWM Realty
Listing information is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Data last updated 6/17/2026. Listing provided courtesy of the Miami Association of REALTORS® MLS. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the MIAMI Association of REALTORS®.