NOT LISTED FOR SALE

Grand Bay Tower 430 Grand Bay Dr Unit 708 Key Biscayne, FL 33149

Estimated Value: $3,136,000 - $6,078,000

3 Beds
3 Baths
2,840 Sq Ft
1999 Built

Last Sold March 15, 2016

Last sale price $2,500,000 $880 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $23,575/month

Highlights

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

About This Home

As of September 2019

Beautifully finished, annual, unfurnished 3 bedroom. Views of Downtown Miami, Biscayne Bay and the ocean. Spacious eat-in kitchen with top of line appliances. Oceanfront, swimming pool, and gym.

Last Agent to Rent the Property

Joan McCaughan

Coldwell Banker Realty License #0087421 Listed on: 05/03/2019

Coldwell Banker Realty

Last Renter's Agent

Kevin Crego

Compass Florida, LLC License #3312507

Compass Florida, LLC

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1999

Lot Details

  • Ocean Front
  • Northwest Facing Home

Parking

  • 1 Car Attached Garage

Property Views

Interior Spaces

  • 2,840 Sq Ft Home
  • Property has 1 Level
  • Built-In Features
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Closet Cabinetry
  • Walk-In Closet
  • Maid or Guest Quarters
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • Outdoor Pool
  • Spa
  • Heated Pool

Outdoor Features

  • Property has ocean access
  • Porch

Schools

  • Keybiscayne Elementary School
  • Mast Academy High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 6/1/19
  • 12 Months Lease Term
  • Assessor Parcel Number 24-52-05-060-0830

Community Details

Overview

  • No Home Owners Association
  • High-Rise Condominium
  • Key Biscayne Condos
  • Key Biscayne,Grand Bay Subdivision

Amenities

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

Recreation

  • Beach Club Membership Available

Pet Policy

  • Breed Restrictions

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Complex Is Fenced
  • Clear Impact Glass
  • High Impact Door

Condo Details

Home Type

Condominium

Year Built

Built in 1999

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2019-06-01
  • Lease Term: 12 Months

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1999
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: Crandon blvd south to Ritz Carlton/Grand Bay entrance.
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access,Unrestricted Salt Water Access
  • Lease Assignable: No
  • Unit Levels: 1
  • New Construction: No
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: KEY BISCAYNE,GRAND BAY
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Cooking Island, Elevator, Walk-In Closet(s), Foyer, Maid'S Quarters
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 2840
  • Other Equipment: Elevator
  • Window Features: Clear Impact Glass, Blinds
  • Bedroom Features: Sitting Area - Master Bedroom
  • Dining Room Features: Breakfast Area, Dining/Living Room, Eat-In Kitchen
  • Living Room Features: Foyer, Laundry, Maid'S Quarters

Exterior Features

  • Roof: Other
  • View: Bay, Ocean
  • Exterior Features: Open Balcony
  • Direction Faces: Northwest
  • Patio And Porch Features: Porch/Balcony, Open Balcony
  • Pool Features: Heated, Hot Tub, Private
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: KEY BISCAYNE
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Covered, Valet

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Laundry Room
  • Security: Complex Fenced, Gated with Guard, Lobby Attended

Condo/Co-op/Association

  • Amenities: Activity Room, Community Pool, Elevator(s), Exercise Room, Guard At Gate, Management On Site
  • Association: No
  • Community Features: Additional Amenities, Beach Club Member Available, Exercise Room, Gated Community

Schools

  • Elementary School: Keybiscayne
  • High School: Mast Academy

Lot Info

  • Parcel Number: 24-52-05-060-0830
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 1000
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2016
Sold by
Allure Trading Llc
Bought by
Delima Maximiliano Alves and Delima Rachel Alves
Current Estimated Value
$4,113,438

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
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Delima Maximiliano Alves $2,500,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Delima Maximiliano Alves $1,750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/12/2019 09/12/19 Rented $9,250 -2.6% --
04/19/2019 04/19/19 For Rent $9,500 0.0% --
03/15/2016 03/15/16 Sold $2,500,000 -5.7% $880 / Sq Ft View Prior Sale
01/22/2016 01/22/16 For Sale $2,650,000 0.0% $933 / Sq Ft
12/21/2015 12/21/15 Pending -- -- --
09/30/2015 09/30/15 For Sale $2,650,000 -- $933 / 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 $24,274 $1,629,018 -- --
2024 $23,928 $1,583,108 -- --
2023 $23,928 $1,536,999 $0 $0
2022 $23,286 $1,728,808 $0 $0
2021 $26,429 $1,571,644 $0 $0
2020 $26,806 $1,623,600 $0 $0
2019 $24,625 $1,527,000 $0 $0
2018 $28,187 $1,799,501 $0 $0
2017 $32,121 $1,988,399 $0 $0
2016 $31,387 $1,826,473 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joan McCaughan

    Landlord's Agent in 2019

    Joan McCaughan

    Coldwell Banker Realty

    (305) 775-8230

    39 in this area

    42 Total Sales

    Joan McCaughan
    Section Image
  • Kevin Crego

    Tenant's Agent in 2019

    Kevin Crego

    Compass Florida, LLC

    (585) 506-7151

    75 Total Sales

    Kevin Crego
    Section Image
  • Carlos Coto

    Seller's Agent in 2016

    Carlos Coto

    One Sotheby's International Realty

    (305) 803-3059

    25 in this area

    26 Total Sales

    Carlos Coto
    Section Image
  • Blair Sonville

    Buyer's Agent in 2016

    Blair Sonville

    Compass Florida, LLC

    (305) 989-5381

    10 Total Sales

    Blair Sonville
    Section Image
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About Grand Bay Tower

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10658768

MIAMI REALTORS® MLS

APN: 24-5205-060-0830

Florida Miami/Dade County Key Biscayne 33149

430 Grand Bay Dr Unit 708, Key Biscayne, FL

Not Listed for Sale

Condos

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