$3,995,000
$105K PRICE DROP

Mar Azul Condominium 600 Grapetree Dr Unit 11BN Floor 11 Key Biscayne, FL 33149

Estimated payment $28,010/month

Total Views 3,583
3 Beds
3 Baths
3,711 Sq Ft
$1,077 Price per Sq Ft

Highlights

  • Doorman
  • Fitness Center
  • Active Adult
  • Ocean Front
  • Penthouse
  • Sitting Area In Primary Bedroom

About This Home

Stunning oceanfront penthouse with panoramic view of Key Biscayne coastline. Three bedrooms, three bathrooms, open concept living room and kitchen. European cabinetry with top of the line appliances. Laundry room and private storage unit.

Listing Agent

Victoria Zamorano

Realty One Group Evolution License #0199324 Listed on: 09/02/2025

Realty One Group Evolution

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $45,687

Year Built

  • Built in 1974

Lot Details

  • Ocean Front
  • East Facing Home

HOA Fees

  • $3,168 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Assigned Parking

Home Design

  • Penthouse
  • Entry on the 11th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,711 Sq Ft Home
  • Built-In Features
  • Bar
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Storage Room

Kitchen

  • Built-In Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Closet Cabinetry
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Shower Only

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

Schools

  • Keybiscayne Elementary School
  • Ponce De Leon Middle School
  • Coral Gables High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 24-52-04-011-0270

Community Details

Overview

  • Active Adult
  • Mid-Rise Condominium
  • Mar Azul Condo
  • Mar Azul Condo Subdivision
  • 11-Story Property

Amenities

  • Doorman
  • Community Barbecue Grill
  • Trash Chute
  • Clubhouse
  • Community Kitchen
  • Community Center
  • Party Room
  • Secure Lobby
  • Bike Room
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

Security

  • Complex Is Fenced
  • High Impact Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$45,687

Year Built

Built in 1974

Lot Details

0

HOA Fees

$3,168 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1974
  • Property Sub Type: Condominium
  • Architectural Style: High Rise, Penthouse
  • Entry Level: 11
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: MAR-AZUL CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • CurrentPrice: 3995000
  • InternetRemarks: Stunning oceanfront penthouse with panoramic view of Key Biscayne coastline. Three bedrooms, three bathrooms, open concept living room and kitchen.
  • ShowingTimeFlag: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: Bar, Built-in Features, Closet Cabinetry, Elevator, Entrance Foyer, Laundry Tub, Walk-In Closet(s), Family Room, Storage, Utility Room/Laundry
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Marble, Wood
  • Living Area: 3711
  • Other Equipment: Elevator
  • Stories: 11
  • Window Features: Clear Impact Glass, Blinds, High Impact Windows
  • Bedroom Features: Entry Level, Primary Bath Shower, Sitting Area - Primary Bedroom
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Family Room, Storage Room, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Dual Sinks, Shower Only

Exterior Features

  • View: Ocean View, Direct Ocean, Other View
  • Exterior Features: East Of Us1, None, Other
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Pool Private: No
  • Property Condition: Completely Renovated
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Mar Azul Condo
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Assigned, Covered

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub, Utility Room/Laundry
  • Security: Complex Fenced, Doorman, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 3168
  • Amenities: Barbecue, Bike Storage, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Kitchen Facilities, Pool, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Senior Community: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Keybiscayne
  • High School: Coral Gables
  • Middle Or Junior School: Ponce De Leon

Lot Info

  • Parcel Number: 24-52-04-011-0270

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 45687

Multi Family

  • Maintenance Expense: 3168

Map

About Mar Azul Condominium

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
2025 $45,687 $2,911,500 -- --
2024 $44,605 $2,911,500 -- --
2023 $44,605 $2,714,074 $0 $0
2022 $39,412 $2,467,340 $0 $0
2021 $21,572 $1,298,600 $0 $0
2020 $22,103 $1,338,750 $0 $0
2019 $29,544 $1,785,000 $0 $0
2018 $28,585 $1,784,840 $0 $0
2017 $28,833 $1,784,840 $0 $0
2016 $28,987 $1,727,722 $0 $0
2015 $28,174 $1,570,657 $0 $0
2014 $24,693 $1,427,870 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/29/2025 09/29/25 Price Changed $3,995,000 -2.6% $1,077 / Sq Ft
09/02/2025 09/02/25 For Sale $4,100,000 +36.9% $1,105 / Sq Ft
07/30/2021 07/30/21 Sold $2,995,000 0.0% $807 / Sq Ft View Prior Sale
05/12/2021 05/12/21 Pending -- -- --
02/03/2021 02/03/21 For Sale $2,995,000 -- $807 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,995,000 Attorney
Warranty Deed $1,795,000 Attorney
Warranty Deed $1,750,000 Attorney
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11870439

MIAMI REALTORS® MLS

APN: 24-5204-011-0270

Florida Miami/Dade County Key Biscayne 33149

600 Grapetree Dr Unit 11BN, Key Biscayne, FL

For Sale

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.

Nearby Homes
Victoria Zamorano
Listing Agent
Victoria Zamorano
Section Image
Realty One Group Evolution
(305) 934-7911