NOT LISTED FOR SALE

455 Grand Bay Dr Unit 209 Key Biscayne, FL 33149

Village of Key Biscayne Neighborhood

Estimated Value: $1,308,397 - $1,655,000

1 Bed
1 Bath
849 Sq Ft
2001 Built

Last Sold December 09, 2019

Last sale price $850,000 $1,001 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $9,465/month

269 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Garden View
  • Key Biscayne K-8 Center Rated A-
  • Marble Flooring
  • Furnished

About This Home

As of December 2019

Renovated one bedroom suite (849 sf)at The Ritz-Carlton in Key Biscayne. This unit has high ceilings and faces North with views towards the Grand Bay. The building has had a multi-million dollar renovation, offering new state of the art restaurant with views to the ocean, along with (2) beach side restaurants and an in house café. Hotel amenities include concierge service, valet, gym, tennis, spa, beach service and more. Enjoy all of the amenities of the Ritz-Carlton hotel while you have the hotel manage your unit when you are away. Call listing agent for easy showing instructions.”

Last Agent to Sell the Property

Lourdes Lorenzo Luaces

Arch Realty Inc License #0665516 Listed on: 03/01/2019

Last Buyer's Agent

Thania Vernon

Fortune Christie's International Real Estate License #0552872

Fortune Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,658

Year Built

  • Built in 2001

Lot Details

  • Ocean Front
  • Fenced

Parking

  • 1 Car Garage

Home Design

  • Condo Hotel
  • Concrete Block And Stucco Construction

Interior Spaces

  • 849 Sq Ft Home
  • Furnished
  • Combination Dining and Living Room
  • Garden Views

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-061-0560

Community Details

Overview

  • Property has a Home Owners Association
  • High-Rise Condominium
  • Gb Resort Condo Hotel Condos
  • G B Resort Condo Hotel Subdivision
  • 14-Story Property

Amenities

  • Doorman
  • Bike Room

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Recreation

  • Tennis Courts

Additional Features

  • Maintenance Expense $3,333
  • Clear Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,658

Year Built

Built in 2001

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2001
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 2
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Co-Op 5+ Stories, Condo
  • Subdivision Name: G B RESORT CONDO HOTEL
  • Year Built Details: Condo-Hotel
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet, Marble
  • Furnished: Furnished
  • Living Area: 849
  • Possible Use: Secondary
  • Stories: 14
  • Window Features: Clear Impact Glass
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room

Exterior Features

  • View: Garden View
  • Exterior Features: Tennis Court(s)
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: GB Resort Condo Hotel
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 2 Or More Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Doorman

Condo/Co-op/Association

  • Amenities: Bike Storage
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-52-05-061-0560
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Multi Family

  • Maintenance Expense: 3333

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 10658

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2023
Sold by
Lynne A Sanders Revocable Trust
Bought by
Neida Fragoso Revocable Trust and Fragoso
Current Estimated Value
$1,502,349

Purchase Details

Listed on
Mar 1, 2019
Closed on
Dec 5, 2019
Sold by
Elipaflor Inc
Bought by
Sanders Lynne A
Seller's Agent
Lourdes Lorenzo Luaces
Arch Realty Inc
Buyer's Agent
Thania Vernon
Fortune Christie's International Real Estate
List Price
$1,450,000
Sold Price
$850,000
Premium/Discount to List
-$600,000
-41.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.38%

Purchase Details

Closed on
Apr 12, 2013
Sold by
Gsn Biscayne Holdings Iii Llc
Bought by
Elipaflor Inc

Purchase Details

Closed on
May 30, 2008
Sold by
Syl Llc
Bought by
Gsn Biscayne Holdings Iii Llc

Purchase Details

Closed on
Sep 7, 2007
Sold by
Courage & Associates Llc
Bought by
Syl Llc

Purchase Details

Closed on
Jan 12, 2006
Sold by
Faraway Management Inc Bvi
Bought by
Courage & Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 16, 2001
Sold by
G B Hotel Partners
Bought by
Faraway Management

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.19%
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
Neida Fragoso Revocable Trust $1,200,000 None Listed On Document
Neida Fragoso Revocable Trust $1,200,000 None Listed On Document
Sanders Lynne A $850,000 Worldwide Title & Re Svcs
Elipaflor Inc $1,200,000 Attorney
Gsn Biscayne Holdings Iii Llc $1,080,000 Attorney
Syl Llc $1,350,000 Attorney
Courage & Associates Llc $110,000 Attorney
Faraway Management $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sanders Lynne A $850,000
Previous Owner Courage & Associates Llc $800,000
Previous Owner Faraway Management $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2019 12/09/19 Sold $850,000 -5.6% $1,001 / Sq Ft
11/25/2019 11/25/19 Pending -- -- --
08/23/2019 08/23/19 Price Changed $900,000 -37.9% $1,060 / Sq Ft
03/01/2019 03/01/19 For Sale $1,450,000 -- $1,708 / 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 $16,108 $1,098,680 -- --
2024 $13,722 $998,800 -- --
2023 $13,722 $777,822 $0 $0
2022 $11,872 $707,111 $0 $0
2021 $10,578 $642,829 $0 $0
2020 $11,536 $698,727 $0 $0
2019 $11,565 $698,740 $0 $0
2018 $10,658 $665,470 $0 $0
2017 $10,750 $665,470 $0 $0
2016 $12,795 $773,800 $0 $0
2015 $12,454 $736,945 $0 $0
2014 $11,586 $669,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lourdes Lorenzo Luaces

    Seller's Agent in 2019

    Lourdes Lorenzo Luaces

    Arch Realty Inc

    (305) 205-2266

    28 in this area

    41 Total Sales

    Lourdes Lorenzo Luaces
    Section Image
  • Thania Vernon

    Buyer's Agent in 2019

    Thania Vernon

    Fortune Christie's International Real Estate

    (305) 582-3761

    26 in this area

    53 Total Sales

    Thania Vernon
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10627159

MIAMI REALTORS® MLS

APN: 24-5205-061-0560

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

455 Grand Bay Dr Unit 209, Key Biscayne, FL

This home is located at 455 Grand Bay Dr Unit 209, Key Biscayne, FL 33149 since 01 March 2019 and is currently estimated at $1,502,349, approximately $1,769 per square foot. This property was built in 2001. 455 Grand Bay Dr Unit 209 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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