$3,203,657*
●
Condo -
Off Market
445 Grand Bay Dr #310
Key Biscayne, FL 33149
3 Beds
4 Baths
2,950 Ft²
$1,706,000 - $2,084,000
Reference Base Price*
69.06%
Since Jul 1, 2020
FL-Miami
Primary Model
About This Property
The very best priced luxurious beachfront apartment in Key
Biscayne, located at the Grand Bay Residences, on the gated grounds
of The Ritz-Carlton Key Biscayne. This bright and open 3 Bedroom
unit + Staff quarter is also extremely spacious (2,950 SF) making
it ideal for a large family. The residence features a private
elevator entrance, natural stone flooring, a formal kitchen, an
oversized master suite, a covered terrace perfect for dining al
fresco and a separate service entrance. Enjoy the recently
renovated lobby and resort-style amenities including: tennis
courts, beach, pool, valet, and lush tropical grounds of the
Ritz-Carlton. Upscale island living, just a short drive from
Brickell, Coconut Grove, and everything Miami has to offer.
The manager has listed the unit size as 2950 square feet.
The manager has listed the unit size as 2950 square feet.
Unit Size
2,950 Ft²
Days on Market
-
Land Size
-
Price per sqft
$642
Property Type
Condo
Property Taxes
$2,116
HOA Dues
-
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 2, 2021 | No longer available | - | |
| No longer available | |||
| Apr 29, 2021 | Relisted | $2,100,000 | |
| Relisted | |||
| Apr 28, 2021 | No longer available | - | |
| No longer available | |||
| Apr 19, 2021 | Listed | $2,100,000 | |
| Listed | |||
| | |||
|
The very best priced luxurious beachfront apartment in Key Biscayne, located at the Grand Bay Residences, on the gated grounds of The Ritz-Carlton Key Biscayne. This bright and open 3 Bedroom unit + Staff quarter is also extremely spacious (2,950 SF) making it ideal for a large family. The residence features a private elevator entrance, natural stone flooring, a formal kitchen, an oversized master suite, a covered terrace perfect for dining al fresco and a separate service entrance. Enjoy the recently renovated lobby and resort-style amenities including: tennis courts, beach, pool, valet, and lush tropical grounds of the Ritz-Carlton. Upscale island living, just a short drive from Brickell, Coconut Grove, and everything Miami has to offer. The manager has listed the unit size as 2950 square feet.
| |||
| Jun 3, 2020 | No longer available | - | |
| No longer available | |||
Show More
Property Highlights
Air Conditioning
Garage
Parking Available
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/22/2023
|
4 Bed
|
4.5 Bath
|
3660 ft²
|
$6,300,000
4 Bed
4.5 Bath
3660 ft²
|
-
-
|
Francisco Lorca Susino
Keller Williams Eagle Realty
| |
|
04/28/2023
|
2 Bed
|
3.5 Bath
|
2950 ft²
|
$2,850,000
2 Bed
3.5 Bath
2950 ft²
|
-
-
|
Nancy Bernstein
One Sotheby's International Realty
| |
|
03/30/2023
|
2 Bed
|
2 Bath
|
1760 ft²
|
$2,200,000
2 Bed
2 Bath
1760 ft²
|
-
-
|
Brigitte De Langeron
Fortune International Realty
| |
|
12/23/2022
|
2 Bed
|
3.5 Bath
|
2950 ft²
|
$3,150,000
2 Bed
3.5 Bath
2950 ft²
|
$2,900,000
-7.94%
06/20/2023
|
Douglas Kinsley
Fortune International Realty
| |
|
06/22/2022
|
5 Bed
|
6 Bath
|
5890 ft²
|
$9,500,000
5 Bed
6 Bath
5890 ft²
|
-
-
|
Joan Bruggink
Luxe Living Realty
| |
|
09/11/2022
|
4 Bed
|
4.5 Bath
|
3250 ft²
|
$3,590,000
4 Bed
4.5 Bath
3250 ft²
|
-
-
|
Maria Paula Bernal
Envirotek Realty
| |
|
08/02/2022
|
3 Bed
|
3.5 Bath
|
3480 ft²
|
$5,800,000
3 Bed
3.5 Bath
3480 ft²
|
-
-
|
Lourdes Alatriste
Engel & Volkers Miami Coral Gables
| |
|
01/20/2022
|
3 Bed
|
4 Bath
|
3480 ft²
|
$4,800,000
3 Bed
4 Bath
3480 ft²
|
-
-
|
Lourdes Lorenzo-Luaces
Arch Realty Inc
| |
|
12/18/2021
|
4 Bed
|
5 Bath
|
3250 ft²
|
$4,400,000
4 Bed
5 Bath
3250 ft²
|
-
-
|
Maria Paula Bernal
Envirotek Realty
| |
|
07/22/2021
|
4 Bed
|
5.5 Bath
|
7400 ft²
|
$10,500,000
4 Bed
5.5 Bath
7400 ft²
|
-
-
|
Brigitte De Langeron
Fortune International Realty
| |
|
06/07/2021
|
2 Bed
|
3 Bath
|
2490 ft²
|
$1,990,000
2 Bed
3 Bath
2490 ft²
|
$1,900,000
-4.52%
09/29/2021
|
Carmen B Llano White PA
BHHS EWM Realty
| |
|
05/21/2021
|
2 Bed
|
2 Bath
|
1760 ft²
|
$1,399,000
2 Bed
2 Bath
1760 ft²
|
$1,450,000
+3.65%
08/26/2021
|
Alberto Selma
Coldwell Banker Realty
| |
|
04/19/2021
|
3 Bed
|
4 Bath
|
2950 ft²
|
$2,100,000
3 Bed
4 Bath
2950 ft²
|
-
-
|
Claudine Coto
One Sotheby's International Realty
| |
|
02/10/2021
|
3 Bed
|
5 Bath
|
3820 ft²
|
$3,999,000
3 Bed
5 Bath
3820 ft²
|
$3,600,000
-9.98%
08/02/2021
|
Jason Freitas
One Sotheby's International Realty
| |
|
02/01/2021
|
2 Bed
|
3 Bath
|
1760 ft²
|
$1,499,000
2 Bed
3 Bath
1760 ft²
|
-
-
|
Claudine Coto
One Sotheby's International Realty
| |
|
01/25/2021
|
3 Bed
|
4 Bath
|
2950 ft²
|
$2,550,000
3 Bed
4 Bath
2950 ft²
|
-
-
|
Brigitte De Langeron
Fortune International Realty
| |
|
12/28/2020
|
3 Bed
|
4 Bath
|
2950 ft²
|
$2,499,000
3 Bed
4 Bath
2950 ft²
|
$2,250,000
-9.96%
09/22/2021
|
Giulietta Ulloa
BHHS EWM Realty
| |
|
12/10/2020
|
3 Bed
|
5 Bath
|
3480 ft²
|
$2,950,000
3 Bed
5 Bath
3480 ft²
|
-
-
|
Carmen B Llano White PA
BHHS EWM Realty
| |
|
11/17/2020
|
4 Bed
|
5 Bath
|
-
|
$3,399,000
4 Bed
5 Bath
|
$3,299,000
-2.94%
04/30/2021
|
Monica Slodarz
Big Time Properties, Inc.
| |
|
08/18/2020
|
2 Bed
|
3 Bath
|
2950 ft²
|
$1,900,000
2 Bed
3 Bath
2950 ft²
|
-
-
|
Rose Bauer
Rivero Real Estate , Inc.
| |
|
06/08/2020
|
3 Bed
|
5 Bath
|
3480 ft²
|
$2,950,000
3 Bed
5 Bath
3480 ft²
|
-
-
|
Maria Lucena
BHHS EWM Realty
| |
|
01/23/2020
|
2 Bed
|
3 Bath
|
2490 ft²
|
$1,895,000
2 Bed
3 Bath
2490 ft²
|
-
-
|
Monica Defortuna
Fortune International Realty
| |
|
11/21/2019
|
2 Bed
|
4 Bath
|
2490 ft²
|
$1,825,000
2 Bed
4 Bath
2490 ft²
|
-
-
|
Raymond De Leon
One Sotheby's International Realty
| |
|
11/18/2019
|
3 Bed
|
4 Bath
|
2950 ft²
|
$1,895,000
3 Bed
4 Bath
2950 ft²
|
-
-
|
Claudine Coto
One Sotheby's International Realty
| |
|
10/26/2019
| |
4 Bed
|
4 Bath
|
3290 ft²
|
$3,480,000
4 Bed
4 Bath
3290 ft²
|
-
-
|
Lourdes Alatriste
Engel & Volkers Miami Coral Gables
|
|
10/15/2019
|
3 Bed
|
5 Bath
|
3320 ft²
|
$2,950,000
3 Bed
5 Bath
3320 ft²
|
-
-
|
Brigitte De Langeron
Fortune International Realty
| |
|
09/26/2019
|
3 Bed
|
5 Bath
|
3320 ft²
|
$2,950,000
3 Bed
5 Bath
3320 ft²
|
-
-
|
Thania Vernon
Fortune International Realty Key Biscayne Inc
| |
|
03/19/2019
|
3 Bed
|
4 Bath
|
3480 ft²
|
$3,595,000
3 Bed
4 Bath
3480 ft²
|
-
-
|
Victor Tibaldeo Jr.
Florida Capital Realty
| |
|
09/18/2018
|
3 Bed
|
5 Bath
|
-
|
-
3 Bed
5 Bath
|
-
-
|
Laura E Garcia
Gold Crown Unlimited, LLC
| |
|
07/06/2018
|
5 Bed
|
5 Bath
|
-
|
$5,850,000
5 Bed
5 Bath
|
$5,000,000
-14.53%
04/02/2019
|
Ana Guillen
Compass Florida, LLC
| |
|
06/19/2018
| |
4 Bed
|
5 Bath
|
3820 ft²
|
-
4 Bed
5 Bath
3820 ft²
|
-
-
|
-
|
|
04/07/2018
|
2 Bed
|
3 Bath
|
-
|
$1,799,000
2 Bed
3 Bath
|
-
-
|
Cristian Lavin
Compass Florida, LLC.
| |
|
07/30/2017
| |
4 Bed
|
4.5 Bath
|
3820 ft²
|
-
4 Bed
4.5 Bath
3820 ft²
|
-
-
|
-
|
|
01/24/2016
|
4 Bed
|
5 Bath
|
3480 ft²
|
$3,100,000
4 Bed
5 Bath
3480 ft²
|
-
-
|
Lilia Gambogi
AG Real Estate Advisors, LLC
|
Building Info
445 Grand Bay Drive
445 Grand Bay Drive, Key Biscayne, FL 33149
- 3 Units for Sale
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017