Key Colony — Resident Reviews, Pros & Cons
Key Biscayne, Key Biscayne, FL · What renters actually say about living here, distilled from public reviews. Updated Jul 2026.
Address
Ocean Lane Dr, Key Biscayne, FL 33149
Floor plans
1-2 BR
Advertised rents
$2,500-$8,000 (as of 2026-07, per public listings)
What residents like
- ✓One of the more established, mid-market communities on the island relative to the newer luxury towers, making it a comparatively reachable entry point to Key Biscayne living
- ✓Marina and tennis amenities give it a resort feel without the top-tier price tag of newer buildings
- ✓Long history on the island means a stable, known quantity for renters researching the area
Common complaints
- ✕Still priced well above mainland Miami averages, since even the 'affordable' end of Key Biscayne carries an island premium
- ✕Older construction vintage compared to newer towers means unit interiors vary widely depending on whether the owner has renovated
Our take
Key Colony is a long-established residential community on Key Biscayne known for being relatively more attainable than the island's newer luxury towers, while still offering marina and tennis amenities. It's a reasonable starting point for renters who want a foothold on the island without competing for the priciest units.
Amenities
On-site marinaTennis courtsPoolLandscaped grounds
About these pros & cons
How we build these pages: we read publicly available resident reviews (Google, ApartmentRatings, Yelp, Reddit and similar) for each community and summarize the recurring themes in our own words. We don't copy review text, we don't display star ratings we didn't compute, and no complex has paid to appear or to have anything removed. Cons reflect what residents report — experiences vary. Rent ranges come from public listings and change often; always confirm current pricing, fees and policies with the property directly.