$650,000
SOLD MAY 27, 2025

455 Grand Bay Dr Unit 517 Key Biscayne, FL 33149

Village of Key Biscayne Neighborhood
-- Bed
1 Bath
532 Sq Ft
$1,629/mo HOA Fee

Recently Sold

$1,222 Per Sq Ft

4% Below List Price

256 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Main Floor Bedroom
  • Key Biscayne K-8 Center Rated A-
  • Marble Flooring
  • Business Center

About This Home

As of May 2025

RITZ Carlton, Key Biscayne - Fully remodeled Master suite - Professionally managed - Generates in vacation rental +80k$/per year & 10%+ Net return. 60K$ from June to August alone and 91.5% occupancy. Key Biscayne is an island, one of the most prestigious address in the USA. The Ritz Carlton is the only prestigious hotel on this heavenly Luxury and luxuriant island in Miami. All 5-STAR Hotel amenities, utilities and room service included in HOA Luxurious spa & huge fitness center, 2 amazing oceanfront pools (Adults and Kids), jacuzzi, 3 restaurants, tennis court, beach service, kids programs, hair salon

Last Agent to Sell the Property

Arthur Porosoff

Compass Florida, LLC License #3160379 Listed on: 09/13/2024

Compass Florida, LLC

Last Buyer's Agent

Arthur Porosoff

Compass Florida, LLC License #3160379 Listed on: 09/13/2024

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,136

Year Built

  • Built in 2001

Lot Details

  • Ocean Front

HOA Fees

  • $1,629 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Condo Hotel
  • Entry on the 5th floor

Interior Spaces

  • 532 Sq Ft Home
  • Ocean Views

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Balcony
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • TV Antenna

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-061-1150

Community Details

Overview

  • G B Resort Condo Hotel Condos
  • G B Resort Condo Hotel Subdivision
  • 12-Story Property

Amenities

  • Doorman
  • Business Center

Pet Policy

  • Breed Restrictions

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,136

Year Built

Built in 2001

Lot Details

0

HOA Fees

$1,629 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2001
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 5
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo-Hotel, Condo
  • Subdivision Name: G B RESORT CONDO HOTEL
  • Year Built Details: Condo-Hotel
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Flooring: Carpet, Marble
  • Furnished: Unfurnished
  • Living Area: 532
  • Other Equipment: TV Antenna
  • Possible Use: Unknown/Withheld
  • Stories: 12
  • Bedroom Features: At Least 1 Bedroom Ground Level

Exterior Features

  • View: Ocean View
  • Exterior Features: Barbeque, Open Balcony, Tennis Court(s)
  • 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: G B RESORT CONDO HOTEL
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1629
  • Amenities: Business Center
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-52-05-061-1150

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8136

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2024
Closed on
May 24, 2025
Sold by
Azoulay Amy Nicole
Bought by
Flm Florida Llc
Seller's Agent
Arthur Porosoff
Compass Florida, LLC
Buyer's Agent
Arthur Porosoff
Compass Florida, LLC
List Price
$675,000
Sold Price
$650,000
Premium/Discount to List
-$25,000
-3.7%
Views
88
Current Estimated Value
$659,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,168
Avg. Annual Appreciation
4.34%

Purchase Details

Closed on
Aug 16, 2021
Sold by
Bayview Life Inc
Bought by
Azoulay Amy Nicole

Purchase Details

Closed on
May 26, 2006
Sold by
Viac Thierry and Viac Dominique
Bought by
Viac Dominique and Viac Thierry

Purchase Details

Closed on
Nov 16, 2005
Sold by
Kliger Grigory and Kliger Faina
Bought by
Viac Dominique and Viac Thierry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 8, 2001
Sold by
G B Hotel Partners
Bought by
Kliger Grigory and Kliger Faina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
7.1%
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 Type Sale Price Title Company
Warranty Deed $650,000 None Listed On Document
Warranty Deed $650,000 None Listed On Document
Warranty Deed $585,000 New Title Company Name
Warranty Deed $585,000 New Title Company Name
Interfamily Deed Transfer -- Attorney
Warranty Deed $455,000 --
Deed $270,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $185,000 Fannie Mae Freddie Mac
Previous Owner $202,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2025 05/27/25 Sold $650,000 0.0% $1,222 / Sq Ft
03/31/2025 03/31/25 Off Market $650,000 -- --
09/13/2024 09/13/24 For Sale $675,000 -- $1,269 / 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 $8,679 $561,550 -- --
2024 $8,136 $534,810 -- --
2023 $8,136 $486,552 $0 $0
2022 $7,029 $442,320 $0 $0
2021 $5,574 $338,746 $0 $0
2020 $7,079 $428,792 $0 $0
2019 $7,098 $428,870 $0 $0
2018 $6,542 $408,450 $0 $0
2017 $6,505 $398,274 $0 $0
2016 $6,327 $362,068 $0 $0
2015 $6,018 $329,153 $0 $0
2014 $5,175 $299,230 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Arthur Porosoff

    Seller's Agent in 2025

    Arthur Porosoff

    Compass Florida, LLC

    (305) 209-8866

    1 in this area

    7 Total Sales

    Arthur Porosoff
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11659149

MIAMI REALTORS® MLS

APN: 24-5205-061-1150

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

455 Grand Bay Dr Unit 517, Key Biscayne, FL

This home is located at 455 Grand Bay Dr Unit 517, Key Biscayne, FL 33149 and is currently priced at $650,000, approximately $1,221 per square foot. This property was built in 2001. 455 Grand Bay Dr Unit 517 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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