$3,850,000

Grand Bay Residences 445 Grand Bay Dr Unit 303 Floor 3 Key Biscayne, FL 33149

Estimated payment $28,492/month

4 Beds
4.5 Baths
3,480 Sq Ft
$1,106 Price per Sq Ft

Highlights

  • Ocean Front
  • Fitness Center
  • Marble Flooring
  • Key Biscayne K-8 Center Rated A-
  • Two Primary Bathrooms
  • Garden View

About This Home

First time ever on the market, elegant, private and comfortable 4 beds, 4 baths unit in exclusive "The Grand Bay Residences", offering true coastal resort style living. Sophisticated and sought-after building located within a security gated community on the luxurious Ritz Carlton hotel grounds in the heart of the island paradise of Key Biscayne. Offering beach access/service, Ritz Carlton Tennis Club, Grand Bay Club, and 2 private pools with lovely outdoor gardens and scenic walking paths. Exceptional building with remodeled lobby, 24-hour concierge service, valet, a fitness center, conference/meeting room as well as being just steps away from shops and dining. Great floor plan, ample living dining areas, private elevator to foyer with double door entry, large bedrooms & plenty of closet space, three terraces, full size laundry room, 2 parking spaces + storage. World-class amenities and Key Biscayne lifestyle at its finest.

Listing Agent

Eduardo Fernandez

Emerald Real Estate Inc License #0607589 Listed on: 11/24/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $46,603

Year Built

  • Built in 1996

HOA Fees

  • $4,336 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Assigned Parking

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 3,480 Sq Ft Home
  • Entrance Foyer
  • Formal Dining Room
  • Den
  • Garden Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Two Primary Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Schools

  • Keybiscayne Elementary School
  • Ponce De Leon Middle School
  • Mast Academy High School

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Additional Features

  • Ocean Front

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-049-0280

Community Details

Overview

  • High-Rise Condominium
  • Grand Bay Residences Condos
  • Grand Bay Residences Cond Subdivision
  • 13-Story Property

Amenities

  • Trash Chute
  • Elevator
  • Secure Lobby

Recreation

  • Tennis Courts
  • Heated Community Pool
  • Bike Trail

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • Walled

Property Details

Home Type

Condominium

Est. Annual Taxes

$46,603

Year Built

Built in 1996

Lot Details

0

HOA Fees

$4,336 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1996
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 3
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: GRAND BAY RESIDENCES COND
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • CurrentPrice: 3850000
  • InternetRemarks: 4/4 in sought-after Grand Bay Residences. 1st time on the market. Sophisticated building w/ world class amenities in heart of island paradise (KB).
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Washer
  • Interior Amenities: Entrance Foyer, Split Bedroom, Den/Library/Office, Utility Room/Laundry
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Location: Foyer
  • Flooring: Carpet, Marble, Tile
  • Living Area: 3480
  • Stories: 13
  • Bedroom Features: Entry Level
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Formal Dining
  • Living Room Features: Den/Library/Office, Utility Room/Laundry
  • Master Bathroom Features: 2 Primary Bathrooms, Separate Tub & Shower

Exterior Features

  • View: Garden View, Other View
  • Exterior Features: Open Balcony
  • Construction Type: Concrete Block Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Grand Bay Residences
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Assigned, Covered

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Card Entry, Lobby Secured, Walled

Condo/Co-op/Association

  • Association Fee: 4336
  • Amenities: Bike/Jog Path, Elevator(s), Exercise Room, Heated Pool, Other, Pool, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Keybiscayne
  • High School: Mast Academy
  • Middle Or Junior School: Ponce De Leon

Lot Info

  • Parcel Number: 24-52-05-049-0280

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 46603

Map

About Grand Bay Residences

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $46,509 $2,817,602 -- --
2024 $37,576 $2,561,457 -- --
2023 $37,576 $2,328,598 $0 $0
2022 $33,843 $2,116,908 $0 $0
2021 $32,457 $1,960,100 $0 $0
2020 $32,362 $1,960,110 $0 $0
2019 $36,563 $2,253,000 $0 $0
2018 $33,526 $2,252,587 $0 $0
2017 $32,882 $1,798,091 $0 $0
2016 $32,241 $1,634,629 $0 $0
2015 $29,750 $1,486,027 $0 $0
2014 $29,296 $1,350,934 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2025 11/24/25 For Sale $3,850,000 -- $1,106 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Deed $1,200,000 --
Deed $1,015,000 --
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11919625

MIAMI REALTORS® MLS

APN: 24-5205-049-0280

Florida Miami/Dade County Key Biscayne 33149

445 Grand Bay Dr Unit 303, Key Biscayne, FL

For Sale

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Listing Agent
Eduardo Fernandez
Section Image
Emerald Real Estate Inc
(305) 690-0796