NOT LISTED FOR SALE

Grand Bay Tower 430 Grand Bay Dr Unit 401 Key Biscayne, FL 33149

Village of Key Biscayne Neighborhood

Estimated Value: $5,228,000 - $5,875,000

3 Beds
5.5 Baths
3,950 Sq Ft
$2,500/mo HOA Fee

Last Sold April 07, 2014

Last sale price $4,300,000 $1,089 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $37,784/month

303 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Newly Remodeled
  • Key Biscayne K-8 Center Rated A-
  • Fitness Center
  • Roman Tub

About This Home

As of April 2014

Direct Ocean Front South East Corner unit. 3 Bedroom, 5.5 Bathrooms,Large Den or 4th Bedroom if needed. Closed Kitchen with Breakfast Area, SubZero Stainless Steel side by side freezer and refridgerator, under counter drawers, and large wine cooler. Apart ment has Marble Floors throughout and Hardwood floors in bedrooms. Many designer upgrades:doors, kitchen,built out closets,speaker system. Large terraces to enjoy views of the beach,ocean and pool. Full service boutique building with attention to detail.

Last Agent to Sell the Property

Alejandro Suero

The Suero Group License #3082714 Listed on: 04/12/2013

Last Buyer's Agent

Carmen B Llano White PA

BHHS EWM Realty License #0702460

BHHS EWM Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $48,393

Year Built

  • Built in 1999 | Newly Remodeled

Lot Details

  • Ocean Front
  • Southeast Facing Home

HOA Fees

  • $2,500 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Secured Garage or Parking

Property Views

Interior Spaces

  • 3,950 Sq Ft Home
  • Built-In Features
  • Formal Dining Room

Kitchen

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

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Roman Tub

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-060-0040

Community Details

Overview

  • 101 Units
  • High-Rise Condominium
  • Grand Bay Towers Condos
  • Grand Bay Subdivision
  • 14-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Trash Chute
  • Community Center
  • Party Room
  • Bike Room
  • Community Storage Space
  • Elevator

Recreation

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Secure Elevator
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$48,393

Year Built

Built in 1999 | Newly Remodeled

Lot Details

0

HOA Fees

$2,500 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1999
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: SOUTH ON CRANDON BLVD. UNTIL GRAND BAY DR ON YOUR LEFT.
  • Entry Level: 4
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: Grand Bay
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Elevator, Laundry Tub, Roman Tub, Walk-In Closet(s)
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 3950
  • Possible Use: Unknown/Withheld
  • Stories: 14
  • Window Features: Impact Glass
  • Bedroom Features: Other
  • Dining Room Features: Breakfast Area, Formal Dining

Exterior Features

  • View: Ocean View, Direct Ocean, Pool Area View
  • Exterior Features: Other
  • Direction Faces: Southeast
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Grand Bay Towers
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Covered, Valet

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub
  • Security: Doorman, Elevator Secure, Secured Garage/Parking

Condo/Co-op/Association

  • Association Fee: 2500
  • Amenities: Bike Storage, Community Room, Elevator(s), Exercise Room, Storage, Heated Pool, Pool, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo, Homeowners

Lot Info

  • Parcel Number: 24-52-05-060-0040
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 2500
  • Number Of Units In Community: 101
  • Number Of Units Total: 101

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 48393

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2013
Closed on
Apr 4, 2014
Sold by
Grand Bay 401 Llc
Bought by
Mangostee Kb Corp
Seller's Agent
Alejandro Suero
The Suero Group
Buyer's Agent
Carmen B Llano White PA
BHHS EWM Realty
List Price
$4,500,000
Sold Price
$4,300,000
Premium/Discount to List
-$200,000
-4.44%
Current Estimated Value
$5,584,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,284,148
Avg. Annual Appreciation
2.50%
Original Mortgage
$1,300,000
Outstanding Balance
$942,306
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,750,800

Purchase Details

Closed on
Apr 27, 2010
Sold by
Cruz Guillermo Rafael and Cruz Carmen Patricia
Bought by
Grand Bay 401 Llc

Purchase Details

Closed on
Jan 27, 2004
Sold by
Murciano Enrique and Murciano Olga Cristina
Bought by
Cruz Guillermo Rafael and Cruz Carmen Patricia

Purchase Details

Closed on
Mar 24, 2000
Sold by
Richard and Stollenwerck Clementina
Bought by
Murciano Enrique and Murciano Olga C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,266,800
Interest Rate
8.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2000
Sold by
Grand Bay Tower Associates
Bought by
Stollenwerck Richard and Stollenwerck Clementina
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mangostee Kb Corp $4,300,000 Attorney
Grand Bay 401 Llc $3,575,000 Attorney
Cruz Guillermo Rafael $2,500,000 --
Murciano Enrique $1,586,000 --
Stollenwerck Richard $1,450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mangostee Kb Corp $1,300,000
Previous Owner Cruz Guillermo R $2,240,000
Previous Owner Stollenwerck Richard $1,750,000
Previous Owner Stollenwerck Richard $1,300,000
Previous Owner Stollenwerck Richard $1,300,000
Previous Owner Stollenwerck Richard $1,266,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2014 04/07/14 Sold $4,300,000 -4.4% $1,089 / Sq Ft
02/10/2014 02/10/14 Pending -- -- --
04/12/2013 04/12/13 For Sale $4,500,000 0.0% $1,139 / Sq Ft
05/24/2012 05/24/12 Rented $12,250 -2.0% --
04/24/2012 04/24/12 Under Contract -- -- --
04/09/2012 04/09/12 For Rent $12,500 -- --
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

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
2025 $58,294 $3,869,322 -- --
2024 $56,288 $3,517,566 -- --
2023 $56,288 $3,197,788 $0 $0
2022 $47,793 $2,907,080 $0 $0
2021 $43,692 $2,642,800 $0 $0
2020 $43,633 $2,642,800 $0 $0
2019 $42,090 $2,543,000 $0 $0
2018 $42,872 $2,676,898 $0 $0
2017 $48,048 $2,974,331 $0 $0
2016 $58,550 $3,540,870 $0 $0
2015 $59,841 $3,540,870 $0 $0
2014 $55,521 $3,072,036 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alejandro Suero

    Seller's Agent in 2014

    Alejandro Suero

    The Suero Group

    (305) 401-5669

    3 in this area

    41 Total Sales

    Section Image
  • Carmen B Llano White PA

    Buyer's Agent in 2014

    Carmen B Llano White PA

    BHHS EWM Realty

    (305) 588-9717

    3 in this area

    15 Total Sales

    Section Image
  • Joanna Berg

    Buyer's Agent in 2012

    Joanna Berg

    Douglas Elliman

    (786) 427-9870

    4 Total Sales

    Section Image
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About Grand Bay Tower

Map

Source: MIAMI REALTORS® MLS

MLS Number: A1773503

MIAMI REALTORS® MLS

APN: 24-5205-060-0040

Florida Miami/Dade County Key Biscayne 33149 Village of Key Biscayne

430 Grand Bay Dr Unit 401, Key Biscayne, FL

This home is located at 430 Grand Bay Dr Unit 401, Key Biscayne, FL 33149 since 12 April 2013 and is currently estimated at $5,584,148, approximately $1,413 per square foot. This property was built in 1999. 430 Grand Bay Dr Unit 401 is a home located in Miami-Dade County with nearby schools including Key Biscayne K-8 Center, Ponce de Leon Middle School, and Coral Gables Senior High School.

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 to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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