$5,975,000
$275K PRICE DROP

Estimated payment $36,788/month

Total Views 4,189
4 Beds
5.5 Baths
3,950 Sq Ft
$1,513 Price per Sq Ft

Highlights

  • Doorman
  • Ocean Front
  • Two Primary Bathrooms
  • Key Biscayne K-8 Center Rated A-
  • Fitness Center
  • Maid or Guest Quarters

About This Home

The best of both worlds—this one-of-a-kind lanai residence offers the space and feel of a house within a full-service condominium. Featuring an oversized terrace of over 2,000 sq. ft. just steps from the pristine beach and pool, it’s perfect for entertaining or a safe space for children to play. Spanning 3,950 sq. ft. under A/C, it boasts 4 en-suite bedrooms, including a spacious master suite with his-and-her bathrooms, plus 5.5 baths. Located in the island paradise of Key Biscayne, this full-service building offers valet, concierge, a gym, and more. The thoughtfully designed layout includes spacious living, dining, and family areas, plus a kitchen overlooking the terrace, seamlessly blending indoor and outdoor living. This is a true gem!

Listing Agent

Brigitte Nachtigall

One Sotheby's International Realty License #0542022

One Sotheby's International Realty

Co-Listing Agent

Jorge Boj

One Sotheby's International Realty License #3016066

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $41,262

Year Built

  • Built in 1999

Lot Details

  • Ocean Front
  • East Facing Home

Home Design

  • Garden Apartment
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,950 Sq Ft Home
  • Built-In Features
  • Blinds
  • Family Room
  • Combination Dining and Living Room
  • Marble Flooring
  • Garden Views

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Two Primary Bathrooms
  • Maid or Guest Quarters
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Parking Spaces
  • Secured Garage or Parking

Outdoor Features

  • Property has ocean access
  • Patio

Schools

  • Keybiscayne Elementary School

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-060-0010

Community Details

Overview

  • Property has a Home Owners Association
  • 101 Units
  • Grand Bay Tower Condos
  • Grand Bay Tower Condo Subdivision
  • 14-Story Property

Amenities

  • Doorman
  • Community Center
  • Party Room
  • Bike Room

Recreation

Pet Policy

  • Breed Restrictions

Additional Features

  • Maintenance Expense $4,233
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$41,262

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1999
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, Garden Apartment
  • Co List Office Mls Id: OSIR04
  • Co List Office Phone: 305-365-2811
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: GRAND BAY TOWER CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Walk-In Closet(s), Family Room, Maid/In-Law Quarters, Utility Room/Laundry
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 3950
  • Stories: 14
  • Window Features: Blinds
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Ground Level
  • Dining Room Features: Breakfast Area, Dining/Living Room
  • Living Room Features: Family Room, Maid/In-Law Quarters, Utility Room/Laundry
  • Master Bathroom Features: 2 Primary Bathrooms, Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Garden View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony, Patio
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: GRAND BAY TOWER
  • Parking Features: 2 Or More Spaces

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Fire Alarm, Doorman, Secured Garage/Parking

Condo/Co-op/Association

  • Amenities: Bike Storage, Community Room, Exercise Room, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Keybiscayne

Lot Info

  • Parcel Number: 24-52-05-060-0010
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 4233
  • Number Of Units In Community: 101
  • Number Of Units Total: 101

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 41262

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $40,687 $2,667,146 -- --
2023 $40,687 $2,589,463 $0 $0
2022 $39,524 $2,514,042 $0 $0
2021 $39,720 $2,440,818 $0 $0
2020 $39,095 $2,407,119 $0 $0
2019 $38,297 $2,353,000 $0 $0
2018 $39,032 $2,476,656 $0 $0
2017 $44,454 $2,751,840 $0 $0
2016 $50,476 $2,874,960 $0 $0
2015 $54,157 $3,146,000 $0 $0
2014 $51,533 $2,860,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2025 04/21/25 Price Changed $5,975,000 -4.4% $1,513 / Sq Ft
01/29/2025 01/29/25 For Sale $6,250,000 +160.4% $1,582 / Sq Ft
07/31/2012 07/31/12 Sold $2,400,000 0.0% $608 / Sq Ft
05/31/2012 05/31/12 Pending -- -- --
11/09/2011 11/09/11 For Sale $2,400,000 -- $608 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Quit Claim Deed $1,440,600 Attorney
Warranty Deed $24,000 None Available
Warranty Deed $2,150,000 --
Warranty Deed -- Universal Title Company
Warranty Deed -- Universal Title Company
Warranty Deed -- Universal Title Company
Deed $1,300,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 No Value Available
Previous Owner $1,500,000 New Conventional
Previous Owner $960,000 New Conventional
Previous Owner $2,150,000 Fannie Mae Freddie Mac
Previous Owner $130,000 New Conventional
Previous Owner $180,000 Credit Line Revolving
Previous Owner $130,000 New Conventional
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11712845

MIAMI REALTORS® MLS

APN: 24-5205-060-0010