NOT LISTED FOR SALE

Grand Bay Tower 430 Grand Bay Dr Unit 702 Key Biscayne, FL 33149

Village of Key Biscayne Neighborhood

Estimated Value: $5,101,324 - $5,479,000

4 Beds
5.5 Baths
3,950 Sq Ft
1999 Built

Last Sold June 15, 2012

Last sale price $3,000,000 $759 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $35,012/month

Highlights

  • Ocean Front
  • Full Time Lobby Attendant
  • Gated with Attendant
  • Key Biscayne K-8 Center Rated A-
  • Fitness Center
  • In Ground Pool

About This Home

As of August 2012

DIRECT SPACIOUS OCEANFRONT CORNER UNIT AT GRAND BAY TOWER TWO. WALK INTO A PRIVATE FOYER AND FIND AN APARTMENT THAT HAS MANY UPGRADES, WOOD AND MARBLE FLOORS IN SOCIAL AREAS, CARPET IN BEDROOMS,3 TERRACES, PRIVATE DINING ROOM, DEN WITH BREAKFAST AREA, 3 B EDROOMS, AND STAFF/OFFICE ROOM AS WELL. ENJOY ALL OF THE AMENITIES OF LIVING AT GRAND BAY. CONDO HAS A BRAND NEW FITNESS CENTER WITH TECHOGYM EQUIPMENT. A MUST SEE!

Last Agent to Rent the Property

Alejandro Suero

The Suero Group License #3082714 Listed on: 06/22/2012

Last Renter's Agent

Claudia Ramirez

One Sotheby's International Realty License #3147589

One Sotheby's International Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $61,263

Year Built

  • Built in 1999

Lot Details

  • Ocean Front
  • Northeast Facing Home

Parking

  • 1 Car Attached Garage

Property Views

Interior Spaces

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

Kitchen

  • Microwave
  • Dishwasher
  • Cooking Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Laundry Tub

Outdoor Features

  • In Ground Pool

Utilities

  • Electric Water Heater

Listing and Financial Details

  • Property Available on 7/1/12
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 24-52-05-060-0180

Community Details

Overview

  • No Home Owners Association
  • Grand Bay Tower Condomini Condos
  • Grand Bay Tower Condomini Subdivision

Amenities

  • Full Time Lobby Attendant
  • Community Center
  • Elevator

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Gated with Attendant
  • Impact Glass
  • Fire and Smoke Detector

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: 2012-07-01
  • 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.
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • Lease Assignable: No
  • Unit Levels: 0
  • New Construction: No
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: GRAND BAY TOWER CONDOMINI
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator
  • Interior Amenities: Bar, Built-in Features, Cooking Island, Entrance Foyer, Laundry Tub, Walk-In Closet(s)
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Location: Foyer
  • Flooring: Carpet, Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 3950
  • Other Equipment: Elevator
  • Window Features: Blinds, Impact Glass

Exterior Features

  • View: Bay, Ocean, Direct Ocean
  • Exterior Features: Open Balcony
  • Direction Faces: Northeast
  • Patio And Porch Features: Open Balcony
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: GRAND BAY TOWER CONDOMINI
  • Covered Parking Spaces: 1
  • Garage Spaces: 1

Utilities

  • Laundry Features: Laundry Tub
  • Security: Fire Alarm, Building Security, Gated with Guard, Lobby Attended, TV Monitor

Condo/Co-op/Association

  • Amenities: Activity Room, Elevator(s), Exercise Room, Guard At Gate, Security Patrol
  • Association: No

Lot Info

  • Parcel Number: 24-52-05-060-0180
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 10/S FM
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2012
Closed on
Jun 9, 2012
Sold by
Cine Frank N and Jacques Marie Ginette
Bought by
Pm Real Estate Inc
Seller's Agent
William Pierce
William Pierce Luxury Real Estate
Buyer's Agent
Alejandro Suero
The Suero Group
List Price
$3,000,000
Sold Price
$3,000,000
Current Estimated Value
$5,488,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,488,837
Avg. Annual Appreciation
4.71%

Purchase Details

Closed on
Apr 26, 2003
Sold by
Advanced Telecommunications Sa
Bought by
Cine Franck N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,061,300
Interest Rate
5.19%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 13, 2000
Sold by
Jose L Franco Tr
Bought by
Haitel International Inc

Purchase Details

Closed on
Jan 31, 2000
Sold by
Grand Bay Tower Associates
Bought by
Jose Luis Pujalte Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,105,500
Interest Rate
7.9%
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
Pm Real Estate Inc $3,000,000 Attorney
Cine Franck N $1,058,900 --
Haitel International Inc $1,800,000 --
Jose Luis Pujalte Revocable Trust $1,474,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cine Franck N $1,061,300
Previous Owner Jose Luis Pujalte Revocable Trust $1,080,000
Previous Owner Jose Luis Pujalte Revocable Trust $1,105,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2012 08/29/12 Rented $11,500 -8.0% --
07/30/2012 07/30/12 Under Contract -- -- --
06/22/2012 06/22/12 For Rent $12,500 0.0% --
06/15/2012 06/15/12 Sold $3,000,000 0.0% $759 / Sq Ft
05/23/2012 05/23/12 Pending -- -- --
05/09/2012 05/09/12 For Sale $3,000,000 -- $759 / 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 $54,412 $3,368,316 $0 $0
2016 $60,632 $3,394,050 $0 $0
2015 $59,181 $3,085,500 $0 $0
2014 $59,452 $3,111,735 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alejandro Suero

    Landlord's Agent in 2012

    Alejandro Suero

    The Suero Group

    (305) 401-5669

    3 in this area

    41 Total Sales

    Section Image
  • William Pierce

    Seller's Agent in 2012

    William Pierce

    William Pierce Luxury Real Estate

    (954) 648-3131

    2 Total Sales

    Section Image
  • Claudia Ramirez

    Tenant's Agent in 2012

    Claudia Ramirez

    One Sotheby's International Realty

    (786) 514-7189

    60 Total Sales

    Section Image
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About Grand Bay Tower

Map

Source: MIAMI REALTORS® MLS

MLS Number: A1656167

MIAMI REALTORS® MLS

APN: 24-5205-060-0180

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

430 Grand Bay Dr Unit 702, Key Biscayne, FL

This home is located at 430 Grand Bay Dr Unit 702, Key Biscayne, FL 33149 since 22 June 2012 and is currently priced at $5,247,441. This property was built in 1999. 430 Grand Bay Dr Unit 702 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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