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Grand Bay Residences

Grand Bay Residences

Grand Bay Residences
Condominium Building
445 Grand Bay Dr
Key Biscayne, FL 33149
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

137 Units
13 Stories
1996 Year Built
$1.8M - $8.7M Value Range

Available Units

For Sale
For Rent

Highlights

  • Concierge
  • Key Biscayne K-8 Center Rated A-
  • Ocean Front
  • Fitness Center
  • Elevator
  • Gated with Attendant

Modern High-Rise Living in Key Biscayne

Grand Bay Residences, designed by Cohen Freedman Encinosa, is a 13-story condominium building completed in 1996. Located in the serene Village of Key Biscayne, this modern high-rise features 137 luxurious units. The building's symmetrical facade and prominent balconies offer a sleek, contemporary look that complements its coastal surroundings.

Spacious and Elegant Units with Stunning Views

Grand Bay Residences offers a variety of floor plans, ranging from 2 to 5-bedroom layouts. The smallest units, with 2 bedrooms and up to 4.5 bathrooms, span 1,720 to 2,950 square feet and are priced between $2,000,000 and $2,700,000. These units feature bright open spaces, modern bathrooms, and state-of-the-art kitchens with Sub-Zero and Wolf appliances. Some units also include private terraces perfect for outdoor dining and entertaining. The 3-bedroom units, ranging from 2,570 to 3,820 square feet, offer 2.5 to 4.5 bathrooms and are priced from $3,490,000 to $4,500,000. These residences boast spacious living rooms, formal dining areas, and elegant foyers. Many units have been meticulously designed with marble and hardwood floors, custom lighting, and luxurious finishes. The master suites often include large walk-in closets and spa-like bathrooms with Jacuzzis and bidets. For those seeking even more space, the 4-bedroom units range from 3,250 to 7,690 square feet, with 4 to 5.5 bathrooms, and are priced around $3,100,000. These expansive homes feature private elevator foyers, multiple terraces with ocean and bay views, and separate service entrances. The kitchens are equipped with high-end appliances, and the living areas are designed for both comfort and elegance. The largest units, with 5 bedrooms and 4.5 to 5.5 bathrooms, range from 4,810 to 7,690 square feet and are priced around $6,830,000. These palatial residences offer unparalleled luxury, with features such as home theaters, mahogany libraries, and multiple terraces providing breathtaking views of the ocean, bay, and Miami skyline. The master suites are truly magnificent, with spacious walk-in closets and his-and-her bathrooms. Each unit at Grand Bay Residences is designed to maximize natural light and provide stunning views, making it a perfect blend of luxury and comfort.

Luxurious Amenities and Top-Notch Services

Grand Bay Residences offers a wide range of amenities and services designed to enhance the living experience. Residents enjoy valet and concierge services, 24-hour security, and umbrella, chair, and towel service at the beach. The building features a fully equipped gym, a heated pool, and direct access to the beach, ensuring that fitness and relaxation are always within reach. The recently renovated lobby welcomes residents with its elegant design, while the lush tropical grounds and manicured gardens provide a serene environment. For pet owners, there is a dedicated doggie area. The building also offers private elevator entrances, storage units, and resident lounges. Additional amenities include tennis courts, a paddle court, a spa, and a conference and media room. The beach attendant service ensures that residents can enjoy the finest stretch of sand in Key Biscayne with ease. On-site management and a 24-hour lobby attendant provide peace of mind and convenience. Grand Bay Residences truly caters to every need, offering a luxurious and comfortable lifestyle in a beautiful setting.

Community and Coastal Living in Key Biscayne

The Village of Key Biscayne offers a unique blend of luxury and community spirit. Residents live in high-value homes surrounded by the ocean and miles of beaches. The neighborhood is known for its strong sense of community, with residents often coming together for various events and gatherings. Key Biscayne Community Center hosts several events throughout the year, including the signature Fourth of July parade and the Key Biscayne Film Festival at nearby Paradise Park. Village Green Park is a popular spot for community gatherings, featuring a playground, interactive fountain, and a multi-purpose field. Retail and dining options are concentrated around Crandon Boulevard. Residents can stock up on groceries at Winn-Dixie, which offers a broad range of products. Dining options include Flour & Weirdoughs bakery, Fulano Neighborhood Restaurant, and NARBONA, a highly rated Uruguayan eatery. The Cleat and Boater’s Grill, located on No Name Harbor, are popular spots for a relaxed meal by the water. The neighborhood is also home to several parks, including Bill Baggs Cape Florida State Park, which offers beaches, fishing, cycling, and more. Village Green Park and Paradise Park are within walking distance, providing ample green space for outdoor activities. Key Biscayne is a secure and family-friendly community, with top-rated schools such as Key Biscayne K-8 Center and St. Agnes Academy. The island's tranquil environment and strong community spirit make it a desirable place to live.

Convenient Access to Miami and Beyond

While Key Biscayne is a car-dependent area, residents enjoy easy access to Miami and its surrounding areas. The Rickenbacker Causeway connects the island directly to Miami, making it a short drive to the Brickell financial center and other parts of the city. Miami International Airport is approximately 20 miles away, a 40-minute drive, providing convenient access for domestic and international travel. Fort Lauderdale/Hollywood International Airport is about 32 miles away, a 50-minute drive, offering additional travel options. The island's small size makes it easy to traverse by foot or golf cart, the latter being the preferred mode of transportation. While traffic to and from the mainland can be an issue, the convenience of nearby airports and the direct connection to Miami make Key Biscayne an accessible and desirable location for residents.

Available Condos

Building Details

Views

  • Direct Ocean
  • Bay
  • Garden

Recreation

  • Outdoor Tennis Courts
  • Fitness Center
  • In Ground Pool
  • Heated Community Pool
  • Community Spa
  • Trails

Outdoor Features

  • Property has ocean access
  • Ocean Front
  • Property Fronts a Bay or Harbor

Amenities

  • Concierge
  • Doorman
  • Clubhouse
  • Community Center
  • Party Room
  • Bike Room
  • Resident Manager or Management On Site
  • Card or Code Access
  • Complex Is Fenced

Parking

  • 1 - 3 Garage Spaces Per Unit
  • 1 Car Garage
  • Electric Vehicle Home Charger
  • Secured Garage or Parking
  • Guest Parking
  • Assigned Parking
  • Valet Parking
  • Gated with Attendant

Pet Policy

  • Breed Restrictions

Condo Association

  • $3,679 Monthly HOA Fees
  • Monthly HOA Fees Range from $2,000 - $7,046
  • Grand Bay Residences Cond Condos
  • Grand Bay Residences Cond Subdivision

Building Design

  • Elevator
  • Clear Impact Glass
  • High Impact Door
  • High-Rise Condominium
  • Trash Chute
  • Secure Elevator

Unit Features

  • Balcony

Activity

Views

2

Unit Information

Unit
215
Beds
2 Beds
5 Beds
Baths
2 Baths
5.5 Baths
Sq Ft
1,760
4,810
Price
$2,000,000
$10,500,000
Price / Sq Ft
$1,136 / Sq Ft
$2,183 / Sq Ft
List Date
04/14/2024
04/28/2025

Unit Size and Value Ranges

2 Bedroom Units
Sq Ft Range
1,720 - 2,950
Est. Values
$1,750,694 - $6,721,969
3 Bedroom Units
Sq Ft Range
2,570 - 3,820
Est. Values
$3,056,970 - $6,721,969
4 Bedroom Units
Sq Ft Range
3,250 - 7,690
Est. Values
$3,671,462 - $8,735,379
5 Bedroom Units
Sq Ft Range
4,810 - 7,690
Est. Values
$6,392,085 - $8,735,379
All Units
Sq Ft Range
1,720 - 7,690
Est. Values
$1,750,694 - $8,735,379

Map

Area Factors

Low Crime

Crime Score®

2 / 10

Bikeable

Bike Score®

54 / 100

Car-Dependent

Walk Score®

49 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Calm

Sound Score®

82 / 100

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Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$608K - $8.4M
Range of Taxes in Building
$8,849 - $133,167
Range of Taxes per Sq Ft
$5.03 - $17.32

Property Tax History

Source: Public Records

Similar Condominium Buildings

Building Team

Developer
Martin Z. Margulies
Architect
Cohen Freedman Encinosa
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.