$2,662,500
Sold · September 12, 2025
445 Grand Bay Drive 601
Key Biscayne, FL 33149
Explore the area: Key Biscayne homes for sale · Miami Dade County real estate
Sale Summary
What this home sold for
- Sold price
- $2,662,500
- Vs. list price
- 4.6% under
- Days on market
- 16
- Price per sq ft
- $1,036
This 3-bedroom condo in Grand Bay Residences Cond sold for $2,662,500 on September 12, 2025. That was 4.6% below its final list price of $2,790,000. It spent 16 days on the market. At $1,036 per square foot, it closed 11.2% above the $932 median of the 3 other condo sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $2,662,500
- Sold On
- September 12, 2025
- Days on Site
- 16 Days
- Bedrooms
- 3
- Total Baths
- 3
- Full Baths
- 2
- Partial Baths
- 1
- Living Area
- 2,570 sqft
- Total Sq Ft
- 2,570 sqft
- Year Built
- 1996
- Property Type
- Condo
- MLS #
- A11839607
- Property Tax
- $29,738 (2024)
- HOA Fees
- $3,218 / Monthly
- Subdivision
- GRAND BAY RESIDENCES COND
- County
- Miami Dade
- Status
- Sold
- Special Conditions
- Listed As Is
About This Property
SPECTACULAR RARELY AVAILABLE RESIDENCE, 2 BED 2.5 BATH, PLUS A DEN (CONVERTED TO 3rd BED, OFFICE) AT EXCLUSIVE GRAND BAY RESIDENCES, FEATURES PRIVATE FOYER DOUBLE DOOR ENTRANCE, EXPANSIVE LIVING DINING AREAS, LARGE TERRACE WITH GREAT UNOBSTRUCTED CITY & SOME OCEAN VIEWS. HUGE MASTER BEDROOM WITH ROMAN/TUB JACUZZI, ITALIAN KITCHEN WITH GRANITE COUNTERTOPS, TRAVERTINE MARBLE FLOORS IN SOCIAL AREAS, WOOD FLOORS IN BEDROOMS, ENJOY WORLD CLASS AMENITIES, PRISTINE FULL SERVICE BEACH, FITNESS CENTER, SPA, HEATED POOL, 24HRS SECURITY & CONCIERGE SERVICE. TENANT OCCUPIED, SEE BROKERS REMARKS . CALL L/A FOR APPOINTMENTS & SHOWINGS.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Sold
- Year Built
- 1996
- Property Condition
- Resale
- Number of Stories
- 14
- Garage Spaces
- 1
- Attached Garage
- Yes
- Parking
- Attached / Garage / Valet
- Living Sq Ft
- 2,570
- Total Sq Ft
- 2,570
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Disposal / Microwave / Refrigerator / Washer
- Cooling
- Central Air / Electric
- Heating
- Central / Electric
- Flooring
- Ceramic Tile / Wood
- Interior Features
- Breakfast Bar / Bidet / Bedroom On Main Level / Bathtub / Dual Sinks / Entrance Foyer / Eat In Kitchen / Elevator / Kitchen Island / Living Dining Room / Main Level Primary / Multiple En Suite Bathrooms / Soaking Tub / Separate Shower / Walk In Closets
- Windows
- Blinds
- Total Rooms
- 4
Exterior Features
- Construction
- Block
- Exterior Features
- Balcony / Outdoor Living Area
- Pool Features
- Association
- Patio & Porch
- Open / Patio / Balcony
- Waterfront Features
- None / Ocean Access / Ocean Front
- View
- City / Garden / Water
Community & HOA
- HOA Fee
- $3,218 / Monthly
- HOA Includes
- Common Areas / Cable Tv / Internet / Pools / Sewer / Security / Trash / Water
- Association Amenities
- Clubhouse / Maintenance Grounds / Picnic Area / Pool / Parking
- Security
- Security System / Key Card Entry / Lobby Secured / Smoke Detectors
- Pets Allowed
- Pet Restrictions / Yes
- Financing Terms
- Cash / Conventional
- MLS Area
- 2520
Schools
- Elementary School
- Key Biscayne K-8
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
- 3
- Median List Price
- $9,900,000
- Median $/Sq Ft
- $2,058
- Avg Days on Market
- 164
Frequently Asked Questions
- How do I schedule a tour of 445 Grand Bay Drive 601, Key Biscayne, FL 33149?
- Use the Tour button on this listing to request a showing of 445 Grand Bay Drive 601, 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 601, Key Biscayne, FL 33149 still available?
- 445 Grand Bay Drive 601, Key Biscayne, FL 33149 is currently listed as Sold, and has been on the market 16 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 601, Key Biscayne, FL 33149?
- With 20% down ($558,000) on the $2,790,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 445 Grand Bay Drive 601, Key Biscayne, FL 33149 is about $14,663/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 601, 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 601, 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 601, Key Biscayne, FL 33149 have an HOA fee?
- Yes: 445 Grand Bay Drive 601, Key Biscayne, FL 33149 carries an HOA fee of about $3,218 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 601, Key Biscayne, FL 33149?
- 445 Grand Bay Drive 601, Key Biscayne, FL 33149 is zoned for Key Biscayne K-8 (elementary). 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 601, Key Biscayne, FL 33149?
- Often, yes. The right offer on 445 Grand Bay Drive 601, 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 Lokation
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.
$2,662,500
Own a home nearby?
This sale is now a comparable for every home around it. Get a free estimate of what yours would sell for today.
Listed by Diego Sosa-Dias, Lokation
Map & Location
Featured Communities
Cities in Miami-Dade County
Zip Codes in Miami-Dade County
Property Types
Recent Sales
Recently sold homes in Grand Bay Residences Cond
These are the last 3 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 $932 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$2,750,000
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.
