About this home
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…
Our Independent Ranking
Facts & features
- MLS ID
- A12036429
- Property type
- Condominium
- Neighborhood
- Key Biscayne
- Building
- Botanica at Key Colony
- Year built
- 1981
- Beds
- 3
- Baths
- 3
- Interior
- 1,720 sq ft
- Price per sq ft
- $895
- HOA
- None
- Pets
- Yes — conditional
- Waterfront
- No
- Covered parking
- 1
- Floor
- 1
- Listed
- Jun 12, 2026
- Days on market
- 85
- Reduced from
- $1,590,000
- Property tax
- $13,213 per year (2025)
- Financing accepted
- Cash, Conventional
- Listing conditions
- Listed as is
- Appliances
- Dishwasher, Disposal, Dryer, Electric range, Electric water heater, Microwave, Refrigerator, Self cleaning oven, Washer
- Interior features
- Bar, Bedroom on main level, Closet cabinetry, Custom mirrors, Elevator, First floor entry, French doors atrium doors, Garden tub roman tub, Living dining room, Main living area entry level, Split bedrooms
- Exterior features
- Balcony, Barbecue, Tennis courts
- Flooring
- Ceramic tile, Vinyl
- Parking
- Attached, Garage, One space
- Pool
- Association
- Security
- Security guard
- Heating
- Electric
- Cooling
- Electric
- HOA covers
- Cable TV, Insurance, Maintenance grounds, Pools, Recreation facilities, Roof, Security, Sewer, Water
Schools
Zoned public schools by county attendance boundary. Boundaries change — confirm enrollment eligibility with the school district before relying on this. Letter grades and School of Excellence designations are the Florida Department of Education’s, each for the year shown beside it.
- Elementary
- Key Biscayne K-8 CenterA2025-26Florida Department of Education school grade A, 2025-26 school year
- Middle
- Ponce de Leon MiddleB2025-26Florida Department of Education school grade B, 2025-26 school year
- High
- Coral Gables Senior HighB2025-26Florida Department of Education school grade B, 2025-26 school year
Location
101 Crandon Blvd 170
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