How do I schedule a tour of 445 Grand Bay Drive 303, Key Biscayne, FL 33149?

Use the Tour button on this listing to request a showing of 445 Grand Bay Drive 303, 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 303, Key Biscayne, FL 33149 still available?

445 Grand Bay Drive 303, Key Biscayne, FL 33149 is currently listed as Under Contract, and has been on the market 45 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 303, Key Biscayne, FL 33149?

With 20% down ($770,000) on the $3,850,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 445 Grand Bay Drive 303, Key Biscayne, FL 33149 is about $20,233/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 303, 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 303, 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 303, Key Biscayne, FL 33149 have an HOA fee?

Yes: 445 Grand Bay Drive 303, Key Biscayne, FL 33149 carries an HOA fee of about $4,336 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 303, Key Biscayne, FL 33149?

445 Grand Bay Drive 303, 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 303, Key Biscayne, FL 33149?

Often, yes. The right offer on 445 Grand Bay Drive 303, 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.

Under Contract

45 Days on Market

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All Listings

$3,850,000

445 Grand Bay Drive 303

Key Biscayne, FL 33149

GRAND BAY RESIDENCES COND

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

Price Check

How this price compares

Asking price: $3,850,000
Price per sq ft: $1,106
Original price: Unchanged
Days on market: 45

This 4-bedroom condo in Grand Bay Residences Cond went under contract with an asking price of $3,850,000, or $1,106 per square foot. It spent 45 days on the market before going under contract.

Bedrooms

Bathrooms

3,480

Living Sq Ft

1996

Year Built

Estimated monthly payment

$20,233 /mo

Principal and interest only, based on $770,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $4,336/mo HOA are not included.

Customize this estimate

Listing Snapshot

Price: $3,850,000
Days on Site: 45 Days
Bedrooms: 4
Total Baths: 5
Full Baths: 4
Partial Baths: 1
Living Area: 3,480 sqft
Total Sq Ft: 3,480 sqft
Year Built: 1996
Property Type: Condo
MLS #: A11919625
Property Tax: $46,603 (2025)
HOA Fees: $4,336 / Monthly
Subdivision: GRAND BAY RESIDENCES COND
County: Miami Dade
Status: Under Contract
Special Conditions: Listed As Is

About This Property

First time ever on the market, elegant, private and comfortable 4 beds, 4 baths unit in exclusive "The Grand Bay Residences", offering true coastal resort style living. Sophisticated and sought-after building located within a security gated community on the luxurious Ritz Carlton hotel grounds in the heart of the island paradise of Key Biscayne. Offering beach access/service, Ritz Carlton Tennis Club, Grand Bay Club, and 2 private pools with lovely outdoor gardens and scenic walking paths. Exceptional building with remodeled lobby, 24-hour concierge service, valet, a fitness center, conference/meeting room as well as being just steps away from shops and dining. Great floor plan, ample living dining areas, private elevator to foyer with double door entry, large bedrooms & plenty of closet space, three terraces, full size laundry room, 2 parking spaces + storage. World-class amenities and Key Biscayne lifestyle at its finest.

Virtual Tour

General Features

Property Type: Condo
Status: Under Contract
Year Built: 1996
Property Condition: Resale
Number of Stories: 13
Garage Spaces: 2
Parking: Assigned / Covered
Living Sq Ft: 3,480
Total Sq Ft: 3,480

Interior Features

Appliances: Dryer / Dishwasher / Electric Water Heater / Microwave / Washer
Cooling: Electric
Heating: Electric
Flooring: Carpet / Marble / Tile
Interior Features: Bedroom On Main Level / Breakfast Area / Bathtub / Dining Area / Separate Formal Dining Room / Entrance Foyer / Eat In Kitchen / Multiple En Suite Bathrooms / Split Bedrooms / Soaking Tub / Separate Shower

Exterior Features

Construction: Block
Exterior Features: Balcony / Outdoor Living Area
Pool Features: Association / Heated
Patio & Porch: Open / Balcony
Waterfront: Yes
Waterfront Features: Beach Access / Deeded Access / Ocean Front
View: Garden / Other

Community & HOA

HOA Fee: $4,336 / Monthly
HOA Includes: Sewer / Trash / Water
Association Amenities: Elevators / Fitness Center / Maintenance Grounds / Other / Pool / Tennis Courts / Trails / Trash
Security: Security System / Key Card Entry / Security Fence
Pets Allowed: Pet Restrictions / Yes
55+ Community: Yes
Financing Terms: Cash / Conventional
Restrictions: Other Restrictions
MLS Area: 2520

This home's HOA fee works out to $4,336 a month, 38% below the $7,046 median across 3 homes for sale in Grand Bay Residences Cond. See Grand Bay Residences Cond HOA fees

Schools

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

About the Community

Grand Bay Residences Cond

View Community Details →

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: 3
Median List Price: $9,900,000
Median $/Sq Ft: $2,058
Avg Days on Market: 164

View all 3 homes for sale in Grand Bay Residences Cond →

Frequently Asked Questions

How do I schedule a tour of 445 Grand Bay Drive 303, Key Biscayne, FL 33149?: Use the Tour button on this listing to request a showing of 445 Grand Bay Drive 303, 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 303, Key Biscayne, FL 33149 still available?: 445 Grand Bay Drive 303, Key Biscayne, FL 33149 is currently listed as Under Contract, and has been on the market 45 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 303, Key Biscayne, FL 33149?: With 20% down ($770,000) on the $3,850,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 445 Grand Bay Drive 303, Key Biscayne, FL 33149 is about $20,233/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 303, 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 303, 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 303, Key Biscayne, FL 33149 have an HOA fee?: Yes: 445 Grand Bay Drive 303, Key Biscayne, FL 33149 carries an HOA fee of about $4,336 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 303, Key Biscayne, FL 33149?: 445 Grand Bay Drive 303, 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 303, Key Biscayne, FL 33149?: Often, yes. The right offer on 445 Grand Bay Drive 303, 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 Emerald Real Estate Inc

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 July 1, 2026.

$3,850,000

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Listed by Eduardo Fernandez, Emerald Real Estate Inc

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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.