Grand Bay Residences 445 Grand Bay Dr Unit 602 Key Biscayne, FL 33149
Village of Key Biscayne Neighborhood
3
Beds
3
Baths
2,950
Sq Ft
$3,679/mo
HOA Fee
Highlights
- Ocean Front
- Fitness Center
- Two Primary Bathrooms
- Key Biscayne K-8 Center Rated A-
- Bay View
- Maid or Guest Quarters
About This Home
As of August 2025Presenting a spectacular unit at Grand Bay Residences, offering exceptional services, a beautifully remodeled lobby, and being just steps from the beach. This 3-bedroom residence, including a spacious master suite, an en-suite second bedroom, and an enclosed den with a full bathroom, provides 2,950 SqFt of modern living space. The unit is filled with natural light, ensuring both privacy and comfort, and features three expansive terraces, ideal for enjoying stunning sunsets and panoramic views of the bay and gardens.
Experience the premier Key Biscayne lifestyle with 24-hour concierge service, valet, a fitness center, and exclusive access to the adjacent Ritz-Carlton’s world-class amenities. The unit is currently leased $16,0000 through Jan 4, 2026 the existing lease must be honored.
Last Agent to Sell the Property
Urdapilleta Real Estate, LLC License #3247021 Listed on: 03/13/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $34,688
Year Built
- Built in 1996
Lot Details
- Ocean Front
- West Facing Home
HOA Fees
- $3,679 Monthly HOA Fees
Parking
- 1 Car Garage
- Secured Garage or Parking
Home Design
- Concrete Block And Stucco Construction
Interior Spaces
- 2,950 Sq Ft Home
- Built-In Features
- Blinds
- Entrance Foyer
- Family or Dining Combination
- Den
- Utility Room in Garage
- Bay Views
Kitchen
- Breakfast Area or Nook
- Built-In Oven
- Electric Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Marble
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Closet Cabinetry
- Walk-In Closet
- Two Primary Bathrooms
- Maid or Guest Quarters
- 3 Full Bathrooms
- Dual Sinks
- Separate Shower in Primary Bathroom
Laundry
- Laundry in Garage
- Dryer
- Washer
Home Security
Outdoor Features
- Property has ocean access
Location
- East of U.S. Route 1
Schools
- Keybiscayne Elementary School
Utilities
- Cooling Available
- Heating Available
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 24-52-05-049-0200
Community Details
Overview
- High-Rise Condominium
- Grand Bay Condos
- Grand Bay Residences Cond Subdivision
- The community has rules related to no recreational vehicles or boats, no trucks or trailers
- 13-Story Property
Amenities
- Trash Chute
- Community Center
- Party Room
- Bike Room
Recreation
- Community Pool
Pet Policy
- Breed Restrictions
Security
- Security Guard
- Secure Elevator
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 17, 2020
Closed on
Jun 2, 2021
Sold by
Garcia Esther and Castellanos Luis G
Bought by
Hibourne Llc
Seller's Agent
Brigitte Nachtigall
One Sotheby's International Realty
Buyer's Agent
Maru Porro
Urdapilleta Real Estate, LLC
List Price
$2,280,000
Sold Price
$2,100,000
Premium/Discount to List
-$180,000
-7.89%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.52%
Purchase Details
Closed on
Jul 13, 2007
Sold by
Berkowitz Elaine S
Bought by
Garcia Esther
Purchase Details
Closed on
Sep 23, 1999
Sold by
Singer Marvin
Bought by
Berkowitz Elaine S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
8.22%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 6, 1998
Sold by
G B Residences Of Key Biscayne Ltd
Bought by
Singer Marvin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
7.2%
Mortgage Type
New Conventional
Similar Homes in Key Biscayne, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $2,100,000 | Attorney | |
| Warranty Deed | $1,700,000 | Attorney | |
| Warranty Deed | $750,000 | -- | |
| Deed | $700,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $594,000 | Negative Amortization | |
| Previous Owner | $600,000 | New Conventional | |
| Previous Owner | $475,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/26/2025 08/26/25 | For Rent | $13,500 | 0.0% | -- |
| 08/15/2025 08/15/25 | Sold | $2,750,000 | -7.7% | $932 / Sq Ft |
| 06/09/2025 06/09/25 | Pending | -- | -- | -- |
| 05/05/2025 05/05/25 | Price Changed | $2,980,000 | -14.9% | $1,010 / Sq Ft |
| 03/13/2025 03/13/25 | For Sale | $3,500,000 | 0.0% | $1,186 / Sq Ft |
| 08/04/2022 08/04/22 | Rented | $18,000 | -18.2% | -- |
| 06/03/2022 06/03/22 | Under Contract | -- | -- | -- |
| 05/12/2022 05/12/22 | For Rent | $22,000 | 0.0% | -- |
| 06/03/2021 06/03/21 | Sold | $2,100,000 | -2.1% | $712 / Sq Ft |
| 05/04/2021 05/04/21 | Pending | -- | -- | -- |
| 03/03/2021 03/03/21 | Price Changed | $2,145,000 | -2.3% | $727 / Sq Ft |
| 09/09/2020 09/09/20 | Price Changed | $2,195,000 | -3.7% | $744 / Sq Ft |
| 06/08/2020 06/08/20 | For Sale | $2,280,000 | -- | $773 / Sq Ft |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
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 | $34,688 | $2,220,884 | -- | -- |
| 2024 | $32,303 | $2,201,958 | -- | -- |
| 2023 | $32,303 | $2,001,780 | $0 | $0 |
| 2022 | $29,121 | $1,819,800 | $0 | $0 |
| 2021 | $17,939 | $1,117,195 | $0 | $0 |
| 2020 | $17,543 | $1,101,771 | $0 | $0 |
| 2019 | $17,177 | $1,077,000 | $0 | $0 |
| 2018 | $16,295 | $1,056,919 | $0 | $0 |
| 2017 | $16,090 | $1,035,181 | $0 | $0 |
| 2016 | $16,122 | $1,013,890 | $0 | $0 |
| 2015 | $16,361 | $1,006,843 | $0 | $0 |
| 2014 | $16,608 | $998,853 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Emma Jauregui
Seller's Agent in 2025
Emma Jauregui
Coldwell Banker Realty
(786) 201-1707
32 in this area
58 Total Sales
-
Maru Porro
Seller's Agent in 2025
Maru Porro
Urdapilleta Real Estate, LLC
(305) 898-9929
7 in this area
20 Total Sales
-
Christine Gonzalez del Valle
C
Seller Co-Listing Agent in 2025
Christine Gonzalez del Valle
Coldwell Banker Realty
(305) 932-6365
2 in this area
7 Total Sales
-
Alberto Peinado Garrido
A
Buyer's Agent in 2025
Alberto Peinado Garrido
Florida Realty of Miami
(305) 733-4499
1 in this area
4 Total Sales
-
Soledad Carreiro
S
Buyer's Agent in 2022
Soledad Carreiro
Urdapilleta Real Estate, LLC
(305) 546-8879
4 in this area
8 Total Sales
-
Brigitte Nachtigall
Seller's Agent in 2021
Brigitte Nachtigall
One Sotheby's International Realty
(305) 710-9664
67 in this area
82 Total Sales
About Grand Bay Residences
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11761920
APN: 24-5205-049-0200
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