$12,990,000
445 Grand Bay Drive PH-2A
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
- $12,990,000
- Price per sq ft
- $1,755
- Vs. nearby sales
- 78.4% above
- Days on market
- N/A
This 4-bedroom condo in Grand Bay Residences Cond is listed at $12,990,000, or $1,755 per square foot. 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 78.4% above what comparable homes here actually sold for.
Estimated monthly payment
$68,268 /mo
Principal and interest only, based on $2,598,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $9,343/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $12,990,000
- Days on Site
- 0 Days
- Bedrooms
- 4
- Total Baths
- 6
- Full Baths
- 5
- Partial Baths
- 1
- Living Area
- 7,400 sqft
- Total Sq Ft
- 7,400 sqft
- Year Built
- 1996
- Property Type
- Condo
- MLS #
- A12113410
- Property Tax
- $56,046 (2025)
- HOA Fees
- $9,343 / Monthly
- Subdivision
- GRAND BAY RESIDENCES COND
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
Experience oceanfront living at its finest in this extraordinary floor-through penthouse at Grand Bay Residences, one of Key Biscayne’s most prestigious luxury addresses. Encompassing an impressive 7,400 square feet under A/C, this exceptional residence offers breathtaking panoramic views of the Atlantic Ocean, Biscayne Bay, and the Miami skyline. Two magnificent, oversized terraces facing east and west create an unparalleled indoor-outdoor living experience, where spectacular sunrises over the ocean and unforgettable sunsets over the bay become part of everyday life. Beautifully upgraded and designed for both grand entertaining and comfortable living, the residence features expansive living areas, an elegant formal dining room, gourmet kitchen, and private home theater. The magnificent primary suite is a true private sanctuary, featuring a generous walk-in closet and two separate, beautifully appointed bathrooms, offering the ultimate in comfort, privacy, and luxury. Three additional spacious bedrooms, each with its own en-suite bathroom, provide exceptional comfort and privacy. Residents enjoy an extraordinary resort-style lifestyle with direct beach and ocean access, concierge and valet services, a state-of-the-art fitness center, a spectacular swimming pool, and the impeccable service of Grand Bay’s dedicated professional staff. A rare opportunity to own a truly remarkable penthouse where space, sophistication and breathtaking views capture the best of this island.
General Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 1996
- Property Condition
- Resale
- Number of Stories
- 14
- Garage Spaces
- 0
- Parking
- Covered / Valet
- Direction Faces
- East
- Living Sq Ft
- 7,400
- Total Sq Ft
- 7,400
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Electric Water Heater / Disposal / Ice Maker / Microwave / Oven / Refrigerator / Washer
- Cooling
- Electric
- Heating
- Electric
- Flooring
- Ceramic Tile / Marble
- Interior Features
- Bidet / Built In Features / Bedroom On Main Level / Breakfast Area / Bathtub / Closet Cabinetry / Dual Sinks / Entrance Foyer / Living Dining Room / Pantry / Soaking Tub / Separate Shower / Walk In Closets
- Windows
- Blinds
- Total Rooms
- 2
- Furnished
- Unfurnished
Exterior Features
- Construction
- CBS Concrete Block Structure / Block
- Exterior Features
- Balcony / Outdoor Living Area
- Pool Features
- Association
- Patio & Porch
- Open / Balcony
- Waterfront
- Yes
- Waterfront Features
- Beach Access / Deeded Access / Ocean Access / Ocean Front
- View
- Bay / Ocean
Community & HOA
- HOA Fee
- $9,343 / Monthly
- HOA Includes
- Common Areas / Maintenance Grounds / Maintenance Structure / Pools / Sewer / Security / Trash / Water
- Association Amenities
- Bike Storage / Clubhouse / Fitness Center / Maintenance Grounds / Management / Pool / Trash
- Security
- Security System / Elevator Secured / Fire Alarm / Fire Sprinkler System / Secured Garage Parking / Smoke Detectors
- Utilities
- Cable Available
- Pets Allowed
- Yes
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Ok To Lease / Rental Restriction
- MLS Area
- 2520
This home's HOA fee works out to $9,343 a month, in line with the $9,343 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 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
- Under Contract
- 2
- Median List Price
- $12,990,000
- Median $/Sq Ft
- $1,755
- Avg Days on Market
- 99
Frequently Asked Questions
- How do I schedule a tour of 445 Grand Bay Drive PH-2A, Key Biscayne, FL 33149?
- Use the Tour button on this listing to request a showing of 445 Grand Bay Drive PH-2A, 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 PH-2A, Key Biscayne, FL 33149 still available?
- 445 Grand Bay Drive PH-2A, Key Biscayne, FL 33149 is currently listed as Active. 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 PH-2A, Key Biscayne, FL 33149?
- With 20% down ($2,598,000) on the $12,990,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 445 Grand Bay Drive PH-2A, Key Biscayne, FL 33149 is about $68,268/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 PH-2A, 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 PH-2A, 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 PH-2A, Key Biscayne, FL 33149 have an HOA fee?
- Yes: 445 Grand Bay Drive PH-2A, Key Biscayne, FL 33149 carries an HOA fee of about $9,343 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 PH-2A, Key Biscayne, FL 33149?
- 445 Grand Bay Drive PH-2A, 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 PH-2A, Key Biscayne, FL 33149?
- Often, yes. The right offer on 445 Grand Bay Drive PH-2A, 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 One Sotheby's International 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 November 14, 2026.
$12,990,000
Interested in This Property?
Contact us to schedule a showing or ask a question.
Own a home near this one? See what it would sell for today
Listed by Brigitte Nachtigall, One Sotheby's International Realty
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 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.
