$3,950,000
445 Grand Bay Drive 104
Key Biscayne, FL 33149
Explore the area: Key Biscayne homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $3,950,000
- Price per sq ft
- $1,215
- Vs. nearby sales
- 23.5% above
- Days on market
- 8
This 4-bedroom condo in Grand Bay Residences Cond is listed at $3,950,000, or $1,215 per square foot. It has been on the market for 8 days. The 4 most recent condo sales in the closings shown below sold at a median of $984 per square foot, so the asking price is 23.5% above what comparable homes here actually sold for.
Estimated monthly payment
$20,759 /mo
Principal and interest only, based on $790,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $3,888/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $3,950,000
- Days on Site
- 8 Days
- Bedrooms
- 4
- Total Baths
- 5
- Full Baths
- 4
- Partial Baths
- 1
- Living Area
- 3,250 sqft
- Total Sq Ft
- 3,250 sqft
- Year Built
- 1996
- Property Type
- Condo
- MLS #
- A12091392
- Property Tax
- $38,282 (2025)
- HOA Fees
- $3,888 / Monthly
- Subdivision
- GRAND BAY RESIDENCES COND
- Development
- GRAND BAY RESIDENCES
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
An exceptional corner lanai at Grand Bay Residences, offering the space and privacy of a single-family home with the ease of full-service oceanfront living. This beautifully renovated 4-bedroom, 4.5-bath residence spans 3,250 SF with bright, open interiors, expansive windows overlooking lush tropical greenery, and three generous private terraces. One terrace sits just steps from the pool and beach, creating a seamless setting for outdoor dining and entertaining. The state-of-the-art kitchen features Sub-Zero and Wolf appliances, an oversized eat-in island, a breakfast area, and a versatile dining/family room. All four bedrooms are en suite, complemented by modern baths, abundant closet space, and elegant plantation shutters throughout. Enjoy tennis, pool, fitness facilities, attentive service, and 24-hour security within this gated Key Biscayne community on the newly renovated Ritz-Carlton grounds. A distinctive residence combining house-like proportions and privacy with the conveniences of luxury oceanfront living.
MLS media linkGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 1996
- Property Condition
- Resale
- Number of Stories
- 12
- Garage Spaces
- 2
- Attached Garage
- Yes
- Parking
- Attached / Garage / Valet
- Direction Faces
- East
- Living Sq Ft
- 3,250
- Total Sq Ft
- 3,250
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Disposal / Microwave / Refrigerator / Washer
- Cooling
- Central Air
- Heating
- Central / Electric
- Flooring
- Tile
- Interior Features
- Bedroom On Main Level / Breakfast Area / Closet Cabinetry / Dining Area / Separate Formal Dining Room / Dual Sinks / Eat In Kitchen / Kitchen Island / Storage
- Windows
- Plantation Shutters
- Total Rooms
- 3
- Furnished
- Unfurnished
Exterior Features
- Construction
- Block
- Exterior Features
- Balcony / Outdoor Living Area / Tennis Courts
- Pool Features
- Association
- Patio & Porch
- Open / Patio / Balcony
- Waterfront
- Yes
- Waterfront Features
- None / Ocean Access
- View
- Garden / Pool
Community & HOA
- HOA Fee
- $3,888 / Monthly
- HOA Includes
- Common Areas / Maintenance Grounds / Maintenance Structure / Pest Control / Pools / Recreation Facilities / Reserve Fund / Roof / Sewer / Trash / Water
- Association Amenities
- Community Kitchen / Fitness Center / Maintenance Grounds / Other / Playground / Pool / Parking / Elevators
- Security
- Security System / Fire Sprinkler System / Security Guard
- Pets Allowed
- Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Other Restrictions
- MLS Area
- 2520
Schools
- Elementary School
- Key Biscayne K-8
- Middle School
- Ponce De Leon
- High School
- Coral Gables
About the Community
Grand Bay Residences Cond 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 $9,900,000 to $18,900,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Grand Bay Residences Cond 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
- 2
- Under Contract
- 2
- Median List Price
- $11,425,000
- Median $/Sq Ft
- $1,728
- Avg Days on Market
- 115
Frequently Asked Questions
- How do I schedule a tour of 445 Grand Bay Drive 104, Key Biscayne, FL 33149?
- Use the Tour button on this listing to request a showing of 445 Grand Bay Drive 104, 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 445 Grand Bay Drive 104, Key Biscayne, FL 33149 still available?
- 445 Grand Bay Drive 104, Key Biscayne, FL 33149 is currently listed as Active, and has been on the market 8 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 445 Grand Bay Drive 104, Key Biscayne, FL 33149?
- With 20% down ($790,000) on the $3,950,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 445 Grand Bay Drive 104, Key Biscayne, FL 33149 is about $20,759/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 445 Grand Bay Drive 104, Key Biscayne, FL 33149?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 445 Grand Bay Drive 104, 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 445 Grand Bay Drive 104, Key Biscayne, FL 33149 have an HOA fee?
- Yes: 445 Grand Bay Drive 104, Key Biscayne, FL 33149 carries an HOA fee of about $3,888 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 445 Grand Bay Drive 104, Key Biscayne, FL 33149?
- 445 Grand Bay Drive 104, 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 445 Grand Bay Drive 104, Key Biscayne, FL 33149?
- Often, yes. The right offer on 445 Grand Bay Drive 104, 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 Compass Florida, LLC.
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 September 27, 2026.
$3,950,000
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Listed by Cristina Nicole Diez, Compass Florida, LLC.
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Recent Sales
Recently sold homes in Grand Bay Residences Cond
These are the last 4 recorded closings in Grand Bay Residences Cond, with the price each home actually sold for rather than what it was listed at. They closed at a median of $1,036 per square foot. The most recent closed on February 6, 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.
Sold$2,730,000
Sold · February 6, 2026
445 Grand Bay Drive 802
2 bed · 3 bath · 2,950 sqft · $925/sqft
$419,000 under the asking price
Sold$2,662,500
Sold · September 12, 2025
445 Grand Bay Drive 601
3 bed · 2.5 bath · 2,570 sqft · $1,036/sqft
$127,500 under the asking price
Sold$2,750,000
Sold · August 15, 2025
445 Grand Bay Drive 602
3 bed · 3 bath · 2,950 sqft · $932/sqft
$230,000 under the asking price
Sold$4,500,000
Sold · July 11, 2025
445 Grand Bay Drive 1210
3 bed · 4 bath · 2,950 sqft · $1,525/sqft
$350,000 under the asking price
See every recorded sale in Grand Bay Residences Cond or find out what your Grand Bay Residences Cond home is worth.
