About Key Colony No. 4
Key Colony No. 4 is a 4-story condominium at 101 Crandon Blvd (the complex also includes 121 Crandon Blvd, 141 Crandon Blvd, 161 Crandon Blvd and 181 Crandon Blvd). Completed in 1981. MLS records most often show about 4 stories.
Key Biscayne is an island village reached by the Rickenbacker Causeway, with Crandon Park to the north and Bill Baggs Cape Florida State Park to the south. Because the building dates to 1981, review the association’s reserves, assessments and milestone-inspection status before you buy.
Building Fees & Assessments
Association fee data for this building isn't yet compiled from MLS listings -- contact us for current figures on a specific unit.
Key Colony No. 4 is 45+ years old, which puts it within Florida's Milestone Inspection requirement (SB 4-D, post-Surfside law covering condo/co-op buildings 3+ stories, coastal buildings inspected at 25 years and every 10 years after). Request the building's most recent milestone inspection report, structural integrity reserve study (SIRS), and reserve fund status before purchasing -- these determine whether a special assessment is likely.
Specific reserve fund balances, pending special assessments, and financial statements aren't public MLS data -- request them directly from the condo association or your agent before making an offer.
Rental Potential
See the live "Monthly rental from" figure above for Key Colony No. 4's current lowest asking rent, and the market snapshot's closed-lease count and median rent for actual rental demand over the trailing 12 months -- both update automatically, unlike a number written here. Specific rental rules -- minimum lease term, rentals allowed per year, and whether short-term/Airbnb-style rentals are permitted -- are set by the condo association and vary by building. Verify current rental restrictions directly with the association before buying as an investment.
Frequently Asked Questions
Is Key Colony No. 4 pet-friendly?
Key Colony No. 4 does not generally allow pets. Verify current pet policy directly with the building association before purchasing.
Can I rent out my unit at Key Colony No. 4?
Long-term rentals are generally permitted at Key Colony No. 4, though minimum lease terms and any short-term rental restrictions vary by building. Verify the current rental policy directly with the association before purchasing as an investment.
Where is Key Colony No. 4?
At 101 Crandon Blvd in Key Biscayne. The complex also includes 121 Crandon Blvd, 141 Crandon Blvd, 161 Crandon Blvd and 181 Crandon Blvd; all addresses are included in this site's live listings.
When was Key Colony No. 4 built?
It was completed in 1981. We did not find a developer or architect confirmed by more than one source, so we do not state one.
How tall is Key Colony No. 4?
MLS records most often show 4 stories.
Reviewed by Carlos Olivares, FL License #3051724. Last updated October 2026.
