Apartments Key Colony No 4 Condo

$ 1,590,000
  • 3 bed
  • 3 bath
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Details
    • Listed on:
      June 12, 2026
    • Days on Market:
      15
    • Maintenance:
      2160
    • Taxes:
      $ 13,213 per year
    • Year:
      1981
    • Furniture:
      -
    • Floor Description:
      Ceramic Floor, Vinyl
    • Terms Considered:
      Cash, Conventional
    • View from Apartment:
      Garden View
    • Parking:
      -
  • 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)
  • Legal Description:
    200 east palmetto park condo unit ph -1
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.
Map view