NOT LISTED FOR SALE

455 Grand Bay Dr Unit 718 Key Biscayne, FL 33149

Village of Key Biscayne Neighborhood

Estimated Value: $657,857 - $963,000

-- Bed
1 Bath
378 Sq Ft
$1,100/mo HOA Fee

Last Sold May 28, 2024

Last sale price $660,000 $1,746 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,609/month

12 Days on Market

Highlights

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

About This Home

As of May 2024

Beautiful views of Key Biscayne & ocean. All 5* Ritz amenities are included during your stay as well as your own private parking space or you can enjoy the Ritz Carlton valet service if you prefer.You can rent the unit by yourself or give to a property management company to get more rentability. You can give the unit by the hotel program too. Like owner you have the right to enjoy the amenities in the Luxury Ritz Carlton Hotel.

Last Agent to Sell the Property

Fabrice Ernandes

Serhant License #3427417 Listed on: 03/29/2024

Serhant

Last Buyer's Agent

Carlos Castro

NestWise Real Estate LLC License #3334209

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,680

Year Built

  • Built in 2001

Lot Details

  • Ocean Front
  • Property Fronts a Bay or Harbor

HOA Fees

  • $1,100 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Automatic Garage Door Opener
  • Secured Garage or Parking

Property Views

  • Ocean
  • Bay

Home Design

  • Condo Hotel
  • Concrete Block And Stucco Construction

Interior Spaces

  • 378 Sq Ft Home
  • Furnished
  • Fireplace
  • Intercom Access

Kitchen

  • Microwave
  • Ice Maker

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Studio bedroom
  • 1 Full Bathroom

Outdoor Features

  • Property has ocean access
  • Balcony
  • Courtyard
  • Deck
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-061-1270

Community Details

Overview

  • Ritz Carlton Condos
  • G B Resort Condo Hotel Subdivision
  • 14-Story Property

Amenities

  • Valet Parking
  • Community Barbecue Grill
  • Sauna
  • Business Center
  • Bar or Lounge
  • Elevator

Recreation

  • Community Basketball Court
  • Fitness Center
  • Community Cabanas
  • Community Pool
  • Bike Trail
  • Tennis Courts

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Phone Entry
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,680

Year Built

Built in 2001

Lot Details

0

HOA Fees

$1,100 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2001
  • Property Sub Type: Condominium
  • Entry Level: 7
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • 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
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Ice Maker, Microwave, Refrigerator
  • Interior Amenities: Fire Sprinklers
  • Full Bathrooms: 1
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Floor
  • Furnished: Furnished
  • Living Area: 378
  • Other Equipment: Automatic Garage Door Opener, Intercom
  • Possible Use: Investment
  • Stories: 14
  • Bedroom Features: Studio

Exterior Features

  • View: Bay, Ocean View
  • Exterior Features: None, Barbeque, Courtyard, Open Balcony, Tennis Court(s)
  • Construction Type: CBS Construction
  • Patio And Porch Features: Deck, Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: RITZ CARLTON
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Fire Alarm, Smoke Detector, Phone Entry, Secured Garage/Parking

Condo/Co-op/Association

  • Association Fee: 1100
  • Amenities: Bar, Basketball Court, Barbecue, Bike/Jog Path, Business Center, Cabana, Elevator(s), Exercise Room, Exterior Lighting, Pool, Sauna
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-52-05-061-1270
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7680

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2024
Closed on
May 24, 2024
Sold by
Goti Llc
Bought by
455 Ritz Kb2 Llc
Seller's Agent
Fabrice Ernandes
Serhant
Buyer's Agent
Carlos Castro
NestWise Real Estate LLC
List Price
$660,000
Sold Price
$660,000
Views
23
Current Estimated Value
$692,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,762
Avg. Annual Appreciation
1.75%
Original Mortgage
$500,000
Outstanding Balance
$406,158
Interest Rate
7.1%
Mortgage Type
Balloon
Estimated Equity
$267,601

Purchase Details

Listed on
May 6, 2021
Closed on
Aug 5, 2021
Sold by
Ultimate Property Holdings Llc
Bought by
Goti Llc
Seller's Agent
William Alvarez
Sterling One Realty, Inc.
Buyer's Agent
Fabrice Ernandes
Serhant
List Price
$499,000
Sold Price
$490,000
Premium/Discount to List
-$9,000
-1.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.18%

Purchase Details

Listed on
Jul 12, 2018
Closed on
Aug 6, 2018
Sold by
Osier Llc
Bought by
Ultimate Property Holdings Llc
Seller's Agent
Alberto Minaya
Miami New Realty
Buyer's Agent
William Alvarez
Sterling One Realty, Inc.
List Price
$480,000
Sold Price
$450,000
Premium/Discount to List
-$30,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.88%

Purchase Details

Closed on
May 28, 2004
Sold by
Oxus America Investment Corp
Bought by
Osier Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
5.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 13, 2001
Sold by
G B Hotel Partners
Bought by
Jmb Property Investments

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,250
Interest Rate
7.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
455 Ritz Kb2 Llc $660,000 F L A Title Guaranty Agency, L
Goti Llc $490,000 Perland Title
Ultimate Property Holdings Llc $450,000 Attorney
Osier Llc $285,000 --
Jmb Property Investments $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 455 Ritz Kb2 Llc $500,000
Previous Owner Osier Llc $213,750
Previous Owner Jmb Property Investments $116,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2024 05/28/24 Sold $660,000 0.0% $1,746 / Sq Ft
04/11/2024 04/11/24 Pending -- -- --
03/29/2024 03/29/24 For Sale $660,000 +34.7% $1,746 / Sq Ft
08/05/2021 08/05/21 Sold $490,000 -1.8% $1,296 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $499,000 +10.9% $1,320 / Sq Ft
08/07/2018 08/07/18 Sold $450,000 -6.3% $1,190 / Sq Ft
07/12/2018 07/12/18 For Sale $480,000 -- $1,270 / 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 $8,197 $535,003 -- --
2024 $7,680 $509,527 -- --
2023 $7,680 $463,551 $0 $0
2022 $6,697 $421,410 $0 $0
2021 $5,754 $349,695 $0 $0
2020 $5,891 $356,832 $0 $0
2019 $5,905 $356,790 $0 $0
2018 $5,442 $339,800 $0 $0
2017 $5,489 $339,800 $0 $0
2016 $5,478 $324,502 $0 $0
2015 $5,203 $295,002 $0 $0
2014 $4,712 $268,184 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Fabrice Ernandes

    Seller's Agent in 2024

    Fabrice Ernandes

    Serhant

    (786) 603-0184

    9 in this area

    95 Total Sales

    Section Image

  • C

    Buyer's Agent in 2024

    Carlos Castro

    NestWise Real Estate LLC

    (305) 815-9959

    8 in this area

    25 Total Sales

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  • William Alvarez

    Seller's Agent in 2021

    William Alvarez

    Sterling One Realty, Inc.

    (305) 285-2347

    1 in this area

    70 Total Sales

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  • Ashley Alvarez

    Seller Co-Listing Agent in 2021

    Ashley Alvarez

    Sterling One Realty, Inc.

    (786) 877-7548

    1 in this area

    52 Total Sales

    Section Image
  • Alberto Minaya

    Seller's Agent in 2018

    Alberto Minaya

    Miami New Realty

    (786) 556-2278

    6 in this area

    22 Total Sales

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11558045

MIAMI REALTORS® MLS

APN: 24-5205-061-1270

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

455 Grand Bay Dr Unit 718, Key Biscayne, FL

This home is located at 455 Grand Bay Dr Unit 718, Key Biscayne, FL 33149 since 29 March 2024 and is currently estimated at $761,214, approximately $2,013 per square foot. This property was built in 2001. 455 Grand Bay Dr Unit 718 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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