NOT LISTED FOR SALE

Grand Bay Tower 430 Grand Bay Dr Unit 701 Key Biscayne, FL 33149

Village of Key Biscayne Neighborhood

Estimated Value: $4,902,000 - $5,556,000

4 Beds
4.5 Baths
3,950 Sq Ft
1999 Built

Last Sold July 20, 2020

Last sale price $3,500,000 $886 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $33,636/month

Highlights

  • Valet Parking
  • Ocean Front
  • Gated with Attendant
  • Key Biscayne K-8 Center Rated A-
  • Fitness Center
  • Above Ground Pool

About This Home

As of October 2020

Spacious oceanfront condo at the Grand Bay Tower, marble flooring throughout, ample built out closet space. Family room can be used as 5th bedroom if necessary. Unit includes staff room with its own bathroom. 3 terraces, private dining room, eat in kitchen, private elevator foyer. Full service boutique luxury Condo with beach access, pool, and gym equipped with Technogym equipment. Come enjoy the Key Biscayne lifestyle with nice amenities and the privacy of living within Grand Bay.

Last Agent to Rent the Property

Alejandro Suero

The Suero Group License #3082714 Listed on: 08/25/2020

Last Renter's Agent

Maria Amancia Vial-Ducaud

BHHS EWM Realty License #3021081

BHHS EWM Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $61,263

Year Built

  • Built in 1999

Lot Details

  • Ocean Front
  • Southeast Facing Home

Parking

  • 1 Car Attached Garage

Property Views

Interior Spaces

  • 3,950 Sq Ft Home
  • Built-In Features
  • Entrance Foyer
  • Marble Flooring
  • Door Monitored By TV

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Roman Tub

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Accessible Home Design

  • Accessible Elevator Installed
  • Handicap Accessible

Additional Features

  • Above Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 8/31/20
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 24-52-05-060-0070

Community Details

Overview

  • No Home Owners Association
  • Grand Bay Tower Condo
  • Grand Bay Tower Condo Subdivision
  • 14-Story Property

Amenities

  • Valet Parking
  • Full Time Lobby Attendant
  • Community Center
  • Elevator

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Gated with Attendant
  • Clear Impact Glass
  • Fire and Smoke Detector
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Est. Annual Taxes

$61,263

Year Built

Built in 1999

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: No
  • Available Date: 2020-08-31
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1999
  • Property Sub Type: Condominium
  • Directions: Crandon Blvd to Grand Bay Dr.
  • Entry Level: 7
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • Lease Assignable: No
  • New Construction: No
  • Building Stories: 14
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: GRAND BAY TOWER CONDO
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 14

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Other Equipment/Appliances, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Built-in Features, Cooking Island, Elevator, Fire Sprinklers, Entrance Foyer, Handicap Accessible, Laundry Tub, Other, Roman Tub, Stacked Bedroom, Walk-In Closet(s)
  • Accessibility Features: Handicap Accessible
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Location: Foyer
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 3950
  • Other Equipment: Elevator
  • Stories: 14
  • Window Features: Clear Impact Glass
  • Dining Room Features: Eat-In Kitchen

Exterior Features

  • View: Direct Ocean, Pool, Water
  • Direction Faces: Southeast
  • Pool Features: Above Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: GRAND BAY TOWER CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Valet, Limited # Of Vehicle

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub
  • Security: Fire Sprinklers, Fire Alarm, Smoke Detector, Building Security, Gated with Guard, Lobby Attended, No Burglar Alarm, Security Patrol, TV Monitor

Condo/Co-op/Association

  • Amenities: Activity Room, Community Pool, Elevator(s), Exercise Room, Other
  • Association: No

Lot Info

  • Parcel Number: 24-52-05-060-0070
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 1000
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2019
Closed on
Jun 30, 2020
Sold by
Accretion Grand Bay 701 Inc
Bought by
Kb701 Real Estate Llc
Seller's Agent
Elena Iturriaga
Compass Florida, LLC
Buyer's Agent
Alejandro Suero
The Suero Group
List Price
$5,300,000
Sold Price
$3,500,000
Premium/Discount to List
-$1,800,000
-33.96%
Current Estimated Value
$5,236,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,736,323
Avg. Annual Appreciation
8.68%

Purchase Details

Closed on
Mar 16, 2016
Sold by
Trading Allure
Bought by
Lima Maximiliano and Lima Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
3.68%

Purchase Details

Closed on
Jan 8, 2008
Sold by
Branscombe Financial Corp
Bought by
Breda Properties Inc

Purchase Details

Closed on
Jan 12, 2000
Sold by
Grand Bay Tower Associates
Bought by
Branscombe Financial Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.88%
Mortgage Type
New Conventional
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
Kb701 Real Estate Llc $3,470,000 Attorney
Lima Maximiliano -- --
Breda Properties Inc $3,600,000 Attorney
Branscombe Financial Corp $1,560,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Branscombe Financial Corp $1,750,000
Previous Owner Branscombe Financial Corp --
Previous Owner Breda Properties Inc $3,000,000
Previous Owner Branscombe Financial Corp $1,033,000
Previous Owner Branscombe Financial Corp $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Rented $12,750 -7.3% --
10/13/2020 10/13/20 Under Contract -- -- --
08/11/2020 08/11/20 For Rent $13,750 0.0% --
07/20/2020 07/20/20 Sold $3,500,000 0.0% $886 / Sq Ft
04/24/2020 04/24/20 Price Changed $3,500,000 -14.6% $886 / Sq Ft
03/19/2020 03/19/20 Price Changed $4,100,000 -8.7% $1,038 / Sq Ft
01/17/2020 01/17/20 Price Changed $4,490,000 -4.5% $1,137 / Sq Ft
12/10/2019 12/10/19 Price Changed $4,700,000 -11.3% $1,190 / Sq Ft
11/12/2019 11/12/19 For Sale $5,300,000 -- $1,342 / Sq Ft
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 $61,263 $4,067,122 -- --
2024 $59,154 $3,697,384 -- --
2023 $59,154 $3,361,259 $0 $0
2022 $50,225 $3,055,690 $0 $0
2021 $45,915 $2,777,900 $0 $0
2020 $45,864 $2,777,900 $0 $0
2019 $48,727 $2,944,000 $0 $0
2018 $49,629 $3,098,851 $0 $0
2017 $55,622 $3,443,168 $0 $0
2016 $67,780 $4,099,010 $0 $0
2015 $67,762 $3,936,347 $0 $0
2014 $64,479 $3,578,498 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alejandro Suero

    Landlord's Agent in 2020

    Alejandro Suero

    The Suero Group

    (305) 401-5669

    3 in this area

    41 Total Sales

    Section Image
  • Elena Iturriaga

    Seller's Agent in 2020

    Elena Iturriaga

    Compass Florida, LLC

    (786) 453-6017

    8 in this area

    14 Total Sales

    Section Image
  • Maria Amancia Vial-Ducaud

    Tenant's Agent in 2020

    Maria Amancia Vial-Ducaud

    BHHS EWM Realty

    (786) 306-5342

    4 in this area

    33 Total Sales

    Section Image
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About Grand Bay Tower

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10908558

MIAMI REALTORS® MLS

APN: 24-5205-060-0070

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

430 Grand Bay Dr Unit 701, Key Biscayne, FL

This home is located at 430 Grand Bay Dr Unit 701, Key Biscayne, FL 33149 since 25 August 2020 and is currently priced at $5,236,323. This property was built in 1999. 430 Grand Bay Dr Unit 701 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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