THE EMERALDBAY @ KEY COLO
Homes for Sale in Key Biscayne, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via miami
The number that anchors this market is the $775.69 median price per square foot, paired with a median price of $1,400,000. That combination points to a smaller, higher-value stock where the finish level and unit size do more to set price than any broad neighborhood trend. With only 9 closings in the current window, each sale carries real weight in how the median moves.
A median of 17 days on market with an 11.1% year-over-year gain signals a market that is still absorbing listings quickly relative to where prices sit. A market heat score of 56 is a moderate reading, not a runaway one, so sellers should price to the recent comps rather than to sentiment, and buyers who move decisively on a well-priced, well-condition unit are less likely to face a drawn-out negotiation.
THE EMERALDBAY @ KEY COLO right now
🟢 Still climbing. The trailing-12-month median ($1.40M) is up 11.1% from the prior 12 months ($1.26M). With about a dozen sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level miami closed sales, 12-month windows ending July 20. Confidence: Medium (9 and 9 sales in the two windows).
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Updated July 20, 2026 · Live data: miami, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
THE EMERALDBAY @ KEY COLO market snapshot (as of July 20, 2026): the median sale price is about $1.40M ($776 per sq ft over the trailing 12 months of closed sales), and a median 17 days on market for closed sales. The trailing-12-month median is up 11% from the prior 12 months, computed from record-level miami closed sales (9 closings in the current window).
Emeraldbay at Key Colo trades in a tight window of comparable sales, which means pricing here is set unit by unit rather than by broad neighborhood momentum. The per-square-foot figure is the more reliable read on value given how few closings feed the median.
The setting & the homes.
Aerial and on-site photos of THE EMERALDBAY @ KEY COLO. Swipe to explore the community.
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THE EMERALDBAY @ KEY COLO
THE EMERALDBAY @ KEY COLO
THE EMERALDBAY @ KEY COLO
THE EMERALDBAY @ KEY COLO
THE EMERALDBAY @ KEY COLO
THE EMERALDBAY @ KEY COLOPhotos from miami listings in THE EMERALDBAY @ KEY COLO; content deemed reliable but not guaranteed.
Who THE EMERALDBAY @ KEY COLO is best for.
Best for
- Buyers targeting a higher-value unit purchase near $1,400,000 who are comfortable evaluating price on a per-square-foot basis.
- Sellers with a well-maintained, competitively finished unit who can price against recent per-square-foot comps rather than round numbers.
- Buyers prepared to move within a short window given a median 17-day time on market for priced-right listings.
Probably not for
- Buyers who want a large inventory of comparable listings to cross-check before making a decision.
- Sellers expecting to price purely off a headline median without adjusting for unit-level condition and size.
- Buyers looking for a listed amenity package, since none is currently identified from active MLS listings here.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 20 of each year, from record-level miami closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($1.40M) IS the median in the snapshot above, and the move from 2025 ($1.26M) IS the +11.1% one-year change.
Windows contain 1 to 17 sales each (9 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2018 through 2026. Deemed reliable but not guaranteed.
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Miami-Dade County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Miami-Dade County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
16% of homes for sale in ZIP 33149 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-08-18).
THE EMERALDBAY @ KEY COLO Market Scorecard
THE EMERALDBAY @ KEY COLO is currently a balanced market., and homes go under contract in about 103 days.
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: miami, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Homes For Sale Right Now in THE EMERALDBAY @ KEY COLO
Live MLS inventory for THE EMERALDBAY @ KEY COLO. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active and pending THE EMERALDBAY @ KEY COLO listings as of 2026-08-18, priced high to low. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2018 through 2026. Tap any home to ask about it.
The THE EMERALDBAY @ KEY COLO buying strategy.
If we were buying in THE EMERALDBAY @ KEY COLO today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in THE EMERALDBAY @ KEY COLO.
Reading a thin comp set
With 9 closings in the window, this is not a market where you can lean on dozens of comps to triangulate a price. The $775.69 median price per square foot is the steadier metric to anchor an offer or a listing strategy, since total price at $1,400,000 can shift meaningfully based on unit size and condition alone.
The 17-day median days on market suggests that correctly priced units are not sitting long, and the 11.1% year-over-year change shows the trend has moved up over the comparison period. A market heat score of 56 reads as balanced rather than aggressive, which means there is still room for buyers to negotiate on condition or terms rather than face pure bidding pressure.
The location and the amenities are priced into every listing in THE EMERALDBAY @ KEY COLO. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a market this thin on closings, the per-square-foot math matters more than the headline price, and getting that math wrong costs real money on either side of the transaction. We build the offer or listing strategy off the comp-level detail, not the round-number median, so you are not overpaying or underpricing against a data set this small.
THE EMERALDBAY @ KEY COLO in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA — confirm current dues
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a THE EMERALDBAY @ KEY COLO buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed THE EMERALDBAY @ KEY COLO sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in THE EMERALDBAY @ KEY COLO, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your THE EMERALDBAY @ KEY COLO home worth?
Get a no-obligation home value based on real comparable sales in THE EMERALDBAY @ KEY COLO, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Frequently Asked Questions
What is the median home price in THE EMERALDBAY @ KEY COLO?
How long do homes in THE EMERALDBAY @ KEY COLO take to sell?
Do cash buyers compete in THE EMERALDBAY @ KEY COLO?
Who is the best real estate agent for THE EMERALDBAY @ KEY COLO?
How do I find a top Key Biscayne real estate agent who knows THE EMERALDBAY @ KEY COLO?
Can Momentum Realty connect me with an agent for THE EMERALDBAY @ KEY COLO?
Should you buy in THE EMERALDBAY @ KEY COLO?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | miami closed sales, 12-month windows ending July 20, 2026 |
| Under-contract shares | miami records, as of 2026-07-18 |
| Historical depth | Closed-sale records back to 2018 (78 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of miami records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the miami member average and 8 days faster, and we’ll price yours against live your area comps.
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See how THE EMERALDBAY @ KEY COLO fits the bigger picture — live prices, inventory, and Momentum Scores: