Condominium for sale in KEY COLONY NO 4 CONDO
Details
Description
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.
Features
Property Features
- Cooling: Electric
- Heating: Electric
- Flooring: Ceramic Floor,Vinyl
- Appliances: Dishwasher,Disposal,Dryer,Electric Range,Electric Water Heater,Microwave,Refrigerator,Self Cleaning Oven,Washer
- Exterior Features: Open Balcony
Additional Features
- Amenities: Bar,Bike Storage,Child Play Area,Laundry,Elevator(s),Exercise Room,Exterior Lighting,Pool,Tennis Court(s),Trash Chute,Vehicle Wash Area
- Exterior Features: None,Barbeque,Open Balcony,Tennis Court(s)
- View: Garden View
- Parking: 1 Space,No Motorcycle,No Rv/Boats,No Trucks/Trailers
- Interior Features: First Floor Entry,Closet Cabinetry,Custom Mirrors,Elevator,French Doors,Roman Tub,Split Bedroom
Fees, Maintenance & Taxes
- Tax Annual Amount: $0
- Association Fee Frequency: Monthly
School Information
- County: Miami-Dade County
- Elementary School: Keybiscayne
- Middle School: Ponce De Leon
- High School: Coral Gables