NOT LISTED FOR SALE

Grand Bay Residences 445 Grand Bay Dr Unit 705 Key Biscayne, FL 33149

Village of Key Biscayne Neighborhood

Estimated Value: $4,083,000 - $4,151,000

3 Beds
3.5 Baths
3,320 Sq Ft
$2,209/mo HOA Fee

Last Sold September 30, 2013

Last sale price $3,000,000 $904 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $28,250/month

154 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Marble Flooring
  • Key Biscayne K-8 Center Rated A-
  • Fitness Center
  • Heated Community Pool

About This Home

As of September 2013

Direct ocean views from this stunning flow-through apartment with views of the Bay and city. Large 3 bedroom with 2 balconies on both the ocean and Bay/city. All large rooms, huge walk-in closets and an eat-in kitchen. This Key Biscayne apartment has an u nsurpassed view and is rarely on the market. Great building, great amenities. Paradise awaits!

Last Agent to Sell the Property

Richard Elias

Coldwell Banker Realty License #0342724 Listed on: 04/01/2013

Coldwell Banker Realty

Last Buyer's Agent

GERMAN BOTERO

Fortune Christie's International Real Estate License #0631343

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $34,635

Year Built

  • Built in 1996

Lot Details

  • Ocean Front
  • East Facing Home

HOA Fees

  • $2,209 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Property Views

  • Ocean
  • Bay

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,320 Sq Ft Home
  • Entrance Foyer
  • Combination Dining and Living Room

Kitchen

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

Flooring

  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Additional Features

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-049-0470

Community Details

Overview

  • High-Rise Condominium
  • Grand Bay Condos
  • Grand Bay Subdivision

Amenities

  • Doorman
  • Valet Parking
  • Community Center
  • Party Room
  • Secure Lobby
  • Bike Room

Recreation

  • Heated Community Pool

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$34,635

Year Built

Built in 1996

Lot Details

0

HOA Fees

$2,209 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1996
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 7
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: GRAND BAY
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Entrance Foyer, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Marble, Tile
  • Furnished: Unfurnished
  • Living Area: 3320
  • Possible Use: Unknown/Withheld
  • Bedroom Features: Entry Level
  • Dining Room Features: Breakfast Area, Dining/Living Room, Eat-In Kitchen
  • Master Bathroom Features: Dual Sinks

Exterior Features

  • View: Bay, Ocean View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Doorman, Elevator Secure, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 2209
  • Amenities: Bike Storage, Community Room, Exercise Room, Heated Pool, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-52-05-049-0470
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 2209

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 34635

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2013
Closed on
Sep 26, 2013
Sold by
Bayarri Amparo Roig
Bought by
Newry Development Corp
Seller's Agent
Richard Elias
Coldwell Banker Realty
Buyer's Agent
GERMAN BOTERO
Fortune Christie's International Real Estate
List Price
$3,900,000
Sold Price
$3,000,000
Premium/Discount to List
-$900,000
-23.08%
Current Estimated Value
$4,117,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,117,000
Avg. Annual Appreciation
2.61%

Purchase Details

Closed on
Jul 30, 2004
Sold by
Marulanda Nora
Bought by
Bayarri Amparo Roig

Purchase Details

Closed on
Aug 2, 2001
Sold by
G B Hotel Partners
Bought by
Estrada Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 1997
Sold by
G B Residences Of Key Biscayne Ltd
Bought by
Moncaleano Felipe and Marulanda Nora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$892,500
Interest Rate
7.58%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Newry Development Corp $3,000,000 Attorney
Bayarri Amparo Roig $1,800,000 --
Estrada Trust $1,050,000 --
Moncaleano Felipe $1,275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moncaleano Felipe $840,000
Previous Owner Moncaleano Felipe $892,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2013 09/30/13 Sold $3,000,000 -14.2% $904 / Sq Ft
09/03/2013 09/03/13 Pending -- -- --
06/05/2013 06/05/13 Price Changed $3,495,000 -10.4% $1,053 / Sq Ft
04/01/2013 04/01/13 For Sale $3,900,000 -- $1,175 / 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 $43,303 $2,846,210 -- --
2024 $37,948 $2,587,464 -- --
2023 $37,948 $2,352,240 $0 $0
2022 $34,184 $2,138,400 $0 $0
2021 $32,785 $1,980,000 $0 $0
2020 $32,690 $1,979,970 $0 $0
2019 $35,238 $2,129,000 $0 $0
2018 $34,099 $2,129,163 $0 $0
2017 $46,230 $2,861,778 $0 $0
2016 $47,305 $2,860,000 $0 $0
2015 $45,393 $2,632,069 $0 $0
2014 $41,380 $2,392,790 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Richard Elias

    Seller's Agent in 2013

    Richard Elias

    Coldwell Banker Realty

    (305) 439-9113

    4 Total Sales

    Richard Elias
    Section Image
  • GERMAN BOTERO

    Buyer's Agent in 2013

    GERMAN BOTERO

    Fortune Christie's International Real Estate

    (305) 361-1720

    15 in this area

    27 Total Sales

    GERMAN BOTERO
    Section Image
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About Grand Bay Residences

Map

Source: MIAMI REALTORS® MLS

MLS Number: A1767889

MIAMI REALTORS® MLS

APN: 24-5205-049-0470

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

445 Grand Bay Dr Unit 705, Key Biscayne, FL

This home is located at 445 Grand Bay Dr Unit 705, Key Biscayne, FL 33149 since 01 April 2013 and is currently estimated at $4,117,000, approximately $1,240 per square foot. This property was built in 1996. 445 Grand Bay Dr Unit 705 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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