$3,500,000

Estimated payment $26,068/month

Total Views 3,468
3 Beds
3 Baths
2,950 Sq Ft
$1,186 Price per Sq Ft

Highlights

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

About This Home

Presenting a spectacular unit at Grand Bay Residences, offering exceptional services, a beautifully remodeled lobby, and being just steps from the beach. This 3-bedroom residence, including a spacious master suite, an en-suite second bedroom, and an enclosed den with a full bathroom, provides 2,950 SqFt of modern living space. The unit is filled with natural light, ensuring both privacy and comfort, and features three expansive terraces, ideal for enjoying stunning sunsets and panoramic views of the bay and gardens.
Experience the premier Key Biscayne lifestyle with 24-hour concierge service, valet, a fitness center, and exclusive access to the adjacent Ritz-Carlton’s world-class amenities. The unit is currently leased $16,0000 through Dec 2025 the existing lease must be honored.

Listing Agent

Maru Porro

Urdapilleta Real Estate, LLC License #3247021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $34,688

Year Built

  • Built in 1996

Lot Details

  • Ocean Front
  • West Facing Home

HOA Fees

  • $3,679 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Secured Garage or Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,950 Sq Ft Home
  • Built-In Features
  • Blinds
  • Entrance Foyer
  • Family or Dining Combination
  • Den
  • Utility Room in Garage
  • Bay Views

Kitchen

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

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access

Location

  • East of U.S. Route 1

Schools

  • Keybiscayne Elementary School

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-049-0200

Community Details

Overview

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

Amenities

  • Trash Chute
  • Community Center
  • Party Room
  • Bike Room

Recreation

  • Community Pool

Pet Policy

  • Breed Restrictions

Security

  • Security Guard
  • Secure Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$34,688

Year Built

Built in 1996

Lot Details

0

HOA Fees

$3,679 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1996
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Entry Level: 6
  • 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, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Entrance Foyer, Walk-In Closet(s), Den/Library/Office, Maid/In-Law Quarters, Utility/Laundry In Garage
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Ceramic Floor, Marble, Other, Wood
  • Living Area: 2950
  • Stories: 13
  • Window Features: Blinds
  • Bedroom Features: Entry Level, Primary Bedroom Ground Level
  • Dining Room Features: Breakfast Area, Family/Dining Combination
  • Living Room Features: Den/Library/Office, Maid/In-Law Quarters, Utility/Laundry In Garage
  • Master Bathroom Features: 2 Primary Bathrooms, Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Bay
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Grand Bay
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: In Garage
  • Security: Fire Alarm, Smoke Detector, Elevator Secure, Secured Garage/Parking, Guard At Site

Condo/Co-op/Association

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

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Keybiscayne

Lot Info

  • Parcel Number: 24-52-05-049-0200
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 34688

Map

Range of Values:

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Sold Price
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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 $32,303 $2,201,958 -- --
2023 $32,303 $2,001,780 $0 $0
2022 $29,121 $1,819,800 $0 $0
2021 $17,939 $1,117,195 $0 $0
2020 $17,543 $1,101,771 $0 $0
2019 $17,177 $1,077,000 $0 $0
2018 $16,295 $1,056,919 $0 $0
2017 $16,090 $1,035,181 $0 $0
2016 $16,122 $1,013,890 $0 $0
2015 $16,361 $1,006,843 $0 $0
2014 $16,608 $998,853 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2025 03/13/25 For Sale $3,500,000 0.0% $1,186 / Sq Ft
08/04/2022 08/04/22 Rented $18,000 -18.2% --
06/03/2022 06/03/22 Under Contract -- -- --
05/12/2022 05/12/22 For Rent $22,000 0.0% --
06/03/2021 06/03/21 Sold $2,100,000 -2.1% $712 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
03/03/2021 03/03/21 Price Changed $2,145,000 -2.3% $727 / Sq Ft
09/09/2020 09/09/20 Price Changed $2,195,000 -3.7% $744 / Sq Ft
06/08/2020 06/08/20 For Sale $2,280,000 -- $773 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $2,100,000 Attorney
Warranty Deed $1,700,000 Attorney
Warranty Deed $750,000 --
Deed $700,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $594,000 Negative Amortization
Previous Owner $600,000 New Conventional
Previous Owner $475,000 New Conventional
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11761920

MIAMI REALTORS® MLS

APN: 24-5205-049-0200