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600 Grapetree Drive 11BN, Key Biscayne, FL 33149
Under Contract
232 Days on Market
Virtual Tour
1 / 30
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All Listings

$3,599,000

600 Grapetree Drive 11BN

Key Biscayne, FL 33149

MAR-AZUL CONDO

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

How this price compares

Asking price
$3,599,000
Price per sq ft
$970
Original price
$3,874,000
Days on market
232

This 3-bedroom condo in Mar-Azul Condo went under contract with an asking price of $3,599,000, or $970 per square foot. The asking price has come down 7.1% from its original $3,874,000. It spent 232 days on the market before going under contract.

3
Bedrooms
3
Bathrooms
3,711
Living Sq Ft
1974
Year Built

Estimated monthly payment

$18,914 /mo

Principal and interest only, based on $719,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $3,266/mo HOA are not included.

Customize this estimate

Listing Snapshot

Price
$3,599,000
Days on Site
232 Days
Bedrooms
3
Total Baths
3
Full Baths
3
Partial Baths
0
Living Area
3,711 sqft
Total Sq Ft
3,711 sqft
Year Built
1974
Property Type
Condo
MLS #
A11968667
Property Tax
$44,928 (2025)
HOA Fees
$3,266 / Monthly
Subdivision
MAR-AZUL CONDO
County
Miami Dade
Status
Under Contract

About This Property

Now with significant price repositioning.Stunning penthouse with ocean views and Key Biscayne shoreline. Three bedrooms, 3 baths. 3711 sq. ft. The bright and airy living room seamlessly integrates with the dining area, featuring floor-to-ceiling windows that flood the space with natural light. Enjoy culinary delights in the state-of-the-art kitchen, equipped with top-of-the-line appliances, custom cabinetry, and a generous island for casual dining.The master bedroom offers a private oasis with panoramic water views, two walk-in closets, and an en-suite bathroom featuring dual vanities, and a glass-enclosed shower.Two additional well-appointed bedrooms provide comfort and privacy, each with its own stylish bathroom. Laundry room and storage unit Residents have access to a private pool, fitness center, and beach access, ensuring a lifestyle of convenience and leisure.This penthouse is a rare gem, offering an unparalleled blend of luxury, comfort, and beachside living. Don’t miss your chance to own a piece of paradise in Key Biscayne.

MLS media link

General Features

Property Type
Condo
Status
Under Contract
Year Built
1974
Property Condition
Resale / Updated Remodeled
Number of Stories
11
Garage Spaces
2
Attached Garage
Yes
Parking
Attached / Covered / Garage
Direction Faces
East
Living Sq Ft
3,711
Total Sq Ft
3,711

Interior Features

Appliances
Dryer / Dishwasher / Electric Range / Electric Water Heater / Disposal / Ice Maker / Microwave / Oven / Refrigerator / Washer
Cooling
Central Air / Ceiling Fans / Electric
Heating
Central
Flooring
Tile / Wood
Interior Features
Bidet / Built In Features / Bedroom On Main Level / Closet Cabinetry / Dual Sinks / Entrance Foyer / Eat In Kitchen / Elevator / Main Level Primary / Sitting Area In Primary / Storage / Separate Shower / Walk In Closets / Bar
Laundry
Laundry Tub
Windows
Blinds / Metal / Single Hung
Total Rooms
2

Exterior Features

Construction
CBS Concrete Block Structure / Block
Exterior Features
None
Pool Features
Association
Waterfront
Yes
Waterfront Features
Beach Access / Deeded Access / Ocean Access / Ocean Front
View
Ocean / Skyline

Community & HOA

HOA Fee
$3,266 / Monthly
HOA Includes
Common Areas / Maintenance Grounds / Maintenance Structure / Security / Trash / Water
Association Amenities
Bike Storage / Clubhouse / Community Kitchen / Fitness Center / Maintenance Grounds / Management / Picnic Area / Pool / Storage / Trash / Elevators
Security
Security System / Elevator Secured / Security Fence
Utilities
Cable Available
Pets Allowed
Yes
Financing Terms
Cash / Conventional
Restrictions
Other Restrictions / Ok To Lease / Rental Restriction
MLS Area
2520

This home's HOA fee works out to $3,266 a month, 23% above the $2,663 median across 3 homes for sale in Mar-Azul Condo. See Mar-Azul Condo HOA fees

Schools

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

Mar-Azul 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 $1,600,000 to $3,900,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Mar Azul 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
1
Median List Price
$2,300,000
Median $/Sq Ft
$1,001
Avg Days on Market
43
View all 3 homes for sale in Mar Azul →
How do I schedule a tour of 600 Grapetree Drive 11BN, Key Biscayne, FL 33149?
Use the Tour button on this listing to request a showing of 600 Grapetree Drive 11BN, 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 600 Grapetree Drive 11BN, Key Biscayne, FL 33149 still available?
600 Grapetree Drive 11BN, Key Biscayne, FL 33149 is currently listed as Under Contract, and has been on the market 232 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 600 Grapetree Drive 11BN, Key Biscayne, FL 33149?
With 20% down ($719,800) on the $3,599,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 600 Grapetree Drive 11BN, Key Biscayne, FL 33149 is about $18,914/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 600 Grapetree Drive 11BN, Key Biscayne, FL 33149?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 600 Grapetree Drive 11BN, 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 600 Grapetree Drive 11BN, Key Biscayne, FL 33149 have an HOA fee?
Yes: 600 Grapetree Drive 11BN, Key Biscayne, FL 33149 carries an HOA fee of about $3,266 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 600 Grapetree Drive 11BN, Key Biscayne, FL 33149?
600 Grapetree Drive 11BN, 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 600 Grapetree Drive 11BN, Key Biscayne, FL 33149?
Often, yes. The right offer on 600 Grapetree Drive 11BN, 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 Realty One Group Evolution

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.

$3,599,000

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Listed by Victoria M Zamorano, Realty One Group Evolution

Recently sold homes in Mar-Azul Condo

These are the last 4 recorded closings in Mar-Azul Condo, with the price each home actually sold for rather than what it was listed at. They closed at a median of $921 per square foot. The most recent closed on September 8, 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.

See every recorded sale in Mar-Azul Condo or find out what your Mar-Azul Condo home is worth.

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