How do I schedule a tour of 430 S Grand Bay Drive 505, Key Biscayne, FL 33149?

Use the Tour button on this listing to request a showing of 430 S Grand Bay Drive 505, Key Biscayne, FL 33149. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.

Is 430 S Grand Bay Drive 505, Key Biscayne, FL 33149 still available?

430 S Grand Bay Drive 505, Key Biscayne, FL 33149 is currently listed as Active, and has been on the market 31 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.

How much is the monthly payment for 430 S Grand Bay Drive 505, Key Biscayne, FL 33149?

With 20% down ($803,480) on the $4,017,400 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 430 S Grand Bay Drive 505, Key Biscayne, FL 33149 is about $21,113/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.

How do I get pre-approved to buy 430 S Grand Bay Drive 505, Key Biscayne, FL 33149?

Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 430 S Grand Bay Drive 505, Key Biscayne, FL 33149. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.

Does 430 S Grand Bay Drive 505, Key Biscayne, FL 33149 have an HOA fee?

Yes: 430 S Grand Bay Drive 505, Key Biscayne, FL 33149 carries an HOA fee of about $3,750 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.

What schools serve 430 S Grand Bay Drive 505, Key Biscayne, FL 33149?

430 S Grand Bay Drive 505, Key Biscayne, FL 33149 is zoned for Key Biscayne K-8 (elementary), Ponce De Leon (middle), Coral Gables (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.

Can I negotiate the price of 430 S Grand Bay Drive 505, Key Biscayne, FL 33149?

Often, yes. The right offer on 430 S Grand Bay Drive 505, Key Biscayne, FL 33149 depends on how it's priced against comparable condo sales in Key Biscayne, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Active

31 Days on Market

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$4,017,400

430 S Grand Bay Drive 505

Key Biscayne, FL 33149

GRAND BAY TOWER CONDO

Explore the area: Key Biscayne homes for sale · Miami Dade County real estate

Price Check

How this price compares

List price: $4,017,400
Price per sq ft: $1,371
Original price: Unchanged
Days on market: 31

This 3-bedroom condo in ZIP 33149 is listed at $4,017,400, or $1,371 per square foot. It has been on the market for 31 days.

Bedrooms

Bathrooms

2,930

Living Sq Ft

1999

Year Built

Estimated monthly payment

$21,113 /mo

Principal and interest only, based on $803,480 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $3,750/mo HOA are not included.

Customize this estimate

Listing Snapshot

Price: $4,017,400
Days on Site: 31 Days
Bedrooms: 3
Total Baths: 4
Full Baths: 3
Partial Baths: 1
Living Area: 2,930 sqft
Total Sq Ft: 2,930 sqft
Year Built: 1999
Property Type: Condo
MLS #: A12032693
Property Tax: $41,905 (2025)
HOA Fees: $3,750 / Monthly
Subdivision: GRAND BAY TOWER CONDO
County: Miami Dade
Status: Active
Special Conditions: Listed As Is

About This Property

This newly renovated apartment at the Grand Bay Tower in Key Biscayne offers stunning ocean and garden views. With 3 bedrooms, a den, and 3.5 bathrooms, this spacious unit provides plenty of room for relaxation and entertaining. The European open kitchen concept features top-of-the-line appliances, making it a dream for any chef. Wood floors throughout the apartment create a warm and inviting atmosphere, while marble floors in the bathrooms add a touch of luxury. Excellent amenities, including beach access, a pool, and a fitness center. The building also offers a 24-hour concierge service for added convenience and security. Close proximity to the Ritz tennis and Paddle courts, as well as the Ritz hotel. Unfurnished or partially furnished. Rented until 3/30/2028

Virtual Tour

General Features

Property Type: Condo
Status: Active
Year Built: 1999
Property Condition: Updated Remodeled
Number of Stories: 14
Garage Spaces: 1
Attached Garage: Yes
Parking: Attached / Garage
Living Sq Ft: 2,930
Total Sq Ft: 2,930

Interior Features

Appliances: Dryer / Dishwasher / Electric Range / Electric Water Heater / Disposal / Ice Maker / Microwave / Oven / Refrigerator / Washer
Cooling: Electric
Heating: Electric
Flooring: Marble
Interior Features: Elevator / Garden Tub Roman Tub / Kitchen Island / None / Walk In Closets
Furnished: Unfurnished

Exterior Features

Construction: Block
Exterior Features: Balcony / Outdoor Living Area / Tennis Courts
Pool Features: Association / Heated
Patio & Porch: Open / Balcony
Waterfront Features: None / Ocean Front
View: Garden / Ocean

Community & HOA

HOA Fee: $3,750 / Monthly
HOA Includes: Cable Tv / Insurance / Maintenance Structure / Pools / Security / Trash
Association Amenities: Car Wash Area / Fitness Center / Maintenance Grounds / Management / Pool / Storage / Elevators
Security: Security System / Fire Sprinkler System / Lobby Secured / Smoke Detectors / Security Guard
Pets Allowed: Yes
Financing Terms: Cash / Conventional
Restrictions: See Remarks
MLS Area: 2420

This home's HOA fee works out to $3,750 a month, 5% above the $3,560 median across 4 homes for sale in this community. See the community's HOA fees

Schools

Elementary School: Key Biscayne K-8
Middle School: Ponce De Leon
High School: Coral Gables

About the Community

Grand Bay Tower

View Community Details →

Grand Bay Tower Condo is an age-restricted 55+ community in Key Biscayne, Miami-Dade County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $3,400,000 to $26,000,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Grand Bay Tower and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Homes for Sale: 5
Median List Price: $4,017,400
Median $/Sq Ft: $1,371
Avg Days on Market: 108

View all 5 homes for sale in Grand Bay Tower →

Frequently Asked Questions

How do I schedule a tour of 430 S Grand Bay Drive 505, Key Biscayne, FL 33149?: Use the Tour button on this listing to request a showing of 430 S Grand Bay Drive 505, Key Biscayne, FL 33149. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 430 S Grand Bay Drive 505, Key Biscayne, FL 33149 still available?: 430 S Grand Bay Drive 505, Key Biscayne, FL 33149 is currently listed as Active, and has been on the market 31 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 430 S Grand Bay Drive 505, Key Biscayne, FL 33149?: With 20% down ($803,480) on the $4,017,400 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 430 S Grand Bay Drive 505, Key Biscayne, FL 33149 is about $21,113/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 430 S Grand Bay Drive 505, Key Biscayne, FL 33149?: Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 430 S Grand Bay Drive 505, Key Biscayne, FL 33149. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 430 S Grand Bay Drive 505, Key Biscayne, FL 33149 have an HOA fee?: Yes: 430 S Grand Bay Drive 505, Key Biscayne, FL 33149 carries an HOA fee of about $3,750 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 430 S Grand Bay Drive 505, Key Biscayne, FL 33149?: 430 S Grand Bay Drive 505, Key Biscayne, FL 33149 is zoned for Key Biscayne K-8 (elementary), Ponce De Leon (middle), Coral Gables (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 430 S Grand Bay Drive 505, Key Biscayne, FL 33149?: Often, yes. The right offer on 430 S Grand Bay Drive 505, Key Biscayne, FL 33149 depends on how it's priced against comparable condo sales in Key Biscayne, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Coldwell Banker Realty

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.

$4,017,400

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Listed by Carlos E Mandiola, Coldwell Banker Realty

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Recently sold homes in ZIP 33149

These are the last 6 recorded closings in ZIP 33149, with the price each home actually sold for rather than what it was listed at. They closed at a median of $1,880 per square foot. The most recent closed on October 5, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.