$980,000

Estimated payment $6,974/month

Total Views 225
-- Bed
1 Bath
376 Sq Ft
$2,606 Price per Sq Ft

Highlights

  • Doorman
  • Ocean Front
  • Bar or Lounge
  • Key Biscayne K-8 Center Rated A-
  • Community Cabanas
  • Fitness Center

About This Home

Own a piece of the iconic Ritz-Carlton Key Biscayne, now undergoing a $100M transformation. This rare second-floor studio features higher ceilings than most units, along with unmatched convenience and privacy. Be part of the excitement as the 17-acre oceanfront resort is reimagined with a stunning new glass lobby, island-inspired spa, redesigned pools, expanded restaurants, and the largest tennis center in the Ritz-Carlton portfolio. A rare opportunity to buy into a five-star resort ahead of its grand relaunch, with completion slated for December 2025.Please note: Images shown were taken prior to current renovations and may not reflect latest finishes/features.This is a co-list with US Realty Hub LLC.

Listing Agent

Andrew Kardonski

Compass Florida, LLC. Brokerage Phone: 305-978-5259 License #3423351 Listed on: 06/17/2025

Compass Florida, LLC.

Co-Listing Agent

Carl Gambino

Compass Florida, LLC. Brokerage Phone: 305-978-5259 License #3473154

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,986

Year Built

  • Built in 2001

HOA Fees

  • $750 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Condo Hotel
  • Concrete Block And Stucco Construction

Interior Spaces

  • 376 Sq Ft Home
  • Built-In Features
  • Ocean Views
  • Microwave

Bedrooms and Bathrooms

  • Closet Cabinetry
  • 1 Full Bathroom

Home Security

Additional Features

  • Ocean Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-061-0630

Community Details

Overview

  • Club Membership Available
  • Grand Bay Resort Condos
  • G B Resort Condo Hotel Subdivision
  • 12-Story Property

Amenities

  • Doorman
  • Sauna
  • Clubhouse
  • Business Center
  • Bar or Lounge
  • Elevator
  • Secure Lobby

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Cabanas
  • Heated Community Pool
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Clear Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,986

Year Built

Built in 2001

Lot Details

0

HOA Fees

$750 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2001
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Mls Id: COMP01
  • Co List Office Phone: 561-285-4794
  • Entry Level: 2
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo-Hotel, Condo
  • Subdivision Name: G B RESORT CONDO HOTEL
  • Year Built Details: Resale
  • Attribution Contact: 305-978-5259
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave
  • Interior Amenities: First Floor Entry, Bar, Built-in Features, Closet Cabinetry
  • Full Bathrooms: 1
  • Flooring: Other
  • Living Area: 376
  • Stories: 12
  • Window Features: Clear Impact Glass
  • Bedroom Features: Other

Exterior Features

  • View: Ocean View
  • Exterior Features: Tennis Court(s)
  • Construction Type: Concrete Block Construction, CBS Construction
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Grand Bay Resort
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space

Utilities

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

Condo/Co-op/Association

  • Association Fee: 750
  • Amenities: Bar, Business Center, Cabana, Clubhouse-Clubroom, Elevator(s), Exercise Room, Heated Pool, Other Membership Available, Pool, Sauna, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-52-05-061-0630

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8986

Map

Range of Values:

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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
2024 $7,760 $560,080 -- --
2023 $7,760 $437,921 $0 $0
2022 $6,755 $398,110 $0 $0
2021 $5,956 $361,919 $0 $0
2020 $5,975 $361,919 $0 $0
2019 $5,209 $314,730 $0 $0
2018 $4,800 $299,740 $0 $0
2017 $4,842 $299,740 $0 $0
2016 $5,636 $334,698 $0 $0
2015 $5,353 $304,271 $0 $0
2014 $4,784 $276,610 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2025 06/17/25 For Sale $980,000 -- $2,606 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $660,000 Palm Title
Warranty Deed $550,000 Attorney
Warranty Deed $1,200,000 Attorney
Warranty Deed $1,080,000 Attorney
Warranty Deed $1,350,000 Attorney
Warranty Deed -- Attorney
Deed $125,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $85,000 New Conventional
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11823404

MIAMI REALTORS® MLS

APN: 24-5205-061-0630