$4,850,000

Estimated payment $33,783/month

Total Views 2,766
3 Beds
4 Baths
2,950 Sq Ft
$1,644 Price per Sq Ft

Highlights

  • Doorman
  • Ocean Front
  • Marble Flooring
  • Key Biscayne K-8 Center Rated A-
  • Two Primary Bathrooms
  • Heated Community Pool

About This Home

Architecturally designed masterpiece meets Island Paradise at this exquisite Grand Bay Tower residences. Located within the confines of the Ritz Carlton Key Biscayne allows you to enjoy true resort style living. As you enter this expansive 3 bedrooms , 4 bathrooms (his and hers within principal bathroom) residence on your private elevator, no expense has been spared on the finishes of this stunning open floor plan. Overlooking the island, enhanced views of the bay and the Miami skyline come into view. Grand Bay offers beach service, pool, gym, conference/meeting room as well as being just steps to the amenities at the Ritz. This residence has 3 parking spaces + storage.

Listing Agent

Adolfo Malave

BHHS EWM Realty License #0670979

BHHS EWM Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $36,408

Year Built

  • Built in 1996 | Remodeled

Lot Details

  • Ocean Front
  • Property Fronts a Bay or Harbor
  • West Facing Home

HOA Fees

  • $3,679 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Secured Garage or Parking

Property Views

  • Ocean
  • Bay

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,950 Sq Ft Home
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Combination Dining and Living Room
  • Marble Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry
  • Two Primary Bathrooms
  • 4 Full Bathrooms
  • Shower Only in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Energy-Efficient Thermostat

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-049-0990

Community Details

Overview

  • High-Rise Condominium
  • Grand Bay Residences Cond Condos
  • Grand Bay Residences Cond Subdivision
  • The community has rules related to no motorcycles, no recreational vehicles or boats, no trucks or trailers
  • 14-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Community Center
  • Party Room
  • Bike Room

Recreation

  • Heated Community Pool

Pet Policy

  • Breed Restrictions

Security

  • Secure Elevator
  • Complete Impact Glass
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$36,408

Year Built

Built in 1996 | Remodeled

Lot Details

0

HOA Fees

$3,679 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 1996
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Directions: CrandonBlvd, follow directions to Ritz Carlton and Grand Bay Residences. Guard will guide you to the Grand Bay Residences. Please take elevator L
  • Entry Level: 12
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: GRAND BAY RESIDENCES COND
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Elevator
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Flooring: Marble
  • Living Area: 2950
  • Other Equipment: Elevator
  • Stories: 14
  • Window Features: Clear Impact Glass, Complete Impact Glass, Blinds, Drapes
  • Bedroom Features: Entry Level
  • Dining Room Features: Breakfast Area, Dining/Living Room
  • Master Bathroom Features: 2 Primary Bathrooms, Shower Only, Separate Tub & Shower

Exterior Features

  • View: Bay, Ocean View, Skyline
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: Updated/Remodeled, Completely Renovated
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: GRAND BAY RESIDENCES COND
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: 2 Or More Spaces, Parking-Under Building, Valet, No Motorcycle, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Doorman, Elevator Secure, Secured Garage/Parking

Condo/Co-op/Association

  • Association Fee: 3679
  • Amenities: Bike Storage, Community Room, Heated Pool, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-52-05-049-0990
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Thermostat

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 36408

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 $35,317 $2,408,432 -- --
2023 $35,317 $2,189,484 $0 $0
2022 $31,833 $1,990,440 $0 $0
2021 $30,530 $1,843,000 $0 $0
2020 $30,428 $1,843,000 $0 $0
2019 $28,807 $1,816,000 $0 $0
2018 $24,504 $1,530,055 $0 $0
2017 $34,329 $2,125,077 $0 $0
2016 $35,139 $2,125,077 $0 $0
2015 $31,300 $1,814,890 $0 $0
2014 $28,533 $1,649,900 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2025 03/10/25 For Sale $4,850,000 +79.9% $1,644 / Sq Ft
01/07/2015 01/07/15 Sold $2,696,000 -7.0% $914 / Sq Ft
11/12/2014 11/12/14 Pending -- -- --
09/03/2014 09/03/14 For Sale $2,899,000 -- $983 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $2,696,000 Atgf
Trustee Deed $200,100 None Available
Quit Claim Deed -- --
Warranty Deed $1,050,000 --
Warranty Deed $945,000 --
Deed $870,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,482,606 Stand Alone Refi Refinance Of Original Loan
Previous Owner $10,300,000 Unknown
Previous Owner $1,125,000 Negative Amortization
Previous Owner $1,500,000 New Conventional
Previous Owner $142,500 Credit Line Revolving
Previous Owner $750,000 New Conventional
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11759960

MIAMI REALTORS® MLS

APN: 24-5205-049-0990