Grand Bay Residences, 445 Grand Bay Dr #602

$3.5M21.4%
$2,750,000
3
Beds
3
Baths
2,950
SqFt
Status
Sold - Aug 15, 2025
Parking
1
Size
2,950 SqFt (274 m2)
Price
$932/SqFt ($10,034/m2)
Type
Condo
Built
1996
HOA
$3,679/MO
MLS Number
A11761920
View
Bay
On Site
550 Days
Updated
18 Days ago
Page Views
0
Presenting a spectacular unit at Grand Bay Residences, offering exceptional services, a beautifully remodeled lobby, and being just steps from the beach. This 3-bedroom residence, including a spacious master suite, an en-suite second bedroom, and an enclosed den with a full bathroom, provides 2,950 SqFt of modern living space. The unit is filled with natural light, ensuring both privacy and comfort, and features three expansive terraces, ideal for enjoying stunning sunsets and panoramic views of the bay and gardens. Experience the premier Key Biscayne lifestyle with 24-hour concierge service, valet, a fitness center, and exclusive access to the adjacent Ritz-Carlton’s world-class amenities. The unit is currently leased $16,0000 through Jan 4, 2026 the existing lease must be honored.

Features

Bedrooms
  • Bedrooms: 3
Bathrooms
  • Bathrooms: 3
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Balcony
  • View: Bay
Interior, Heating and Cooling
  • Interior Features: BuiltInFeatures, BedroomOnMainLevel, BreakfastArea, ClosetCabinetry, DualSinks, EntranceFoyer, FamilyDiningRoom, FirstFloorEntry, MainLevelPrimary, SeparateShower, WalkInClosets
  • Equipment / Appliances: BuiltInOven, Dryer, Dishwasher, ElectricRange, ElectricWaterHeater, Disposal, Microwave, Refrigerator, Washer
  • Heating Description: Electric
  • Cooling Description: Electric
Building and Construction
  • Floor Description: CeramicTile, Hardwood, Marble, Other, Wood
  • Windows/Treatment: Blinds
  • Year Built: 1996
  • Year Built Description: Resale
  • Style: HighRise
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
  • Elementary School: Keybiscayne
Other Property Info
  • Garage: 1
  • Listing Date: 2025-03-14T15:19:29.000-00:00
  • Directions: West
  • Pets Allowed: Conditional,Yes
Taxes, Fees & More
  • Maintenance Includes: AssociationManagement, Amenities, CommonAreas, MaintenanceGrounds, Sewer, Trash, Water
  • Taxes: 34688
  • Security Information: ElevatorSecured, SecuredGarageParking, SecurityGuard, SmokeDetectors
  • Parking Description: OneSpace
  • Total Floors in Building: 13

Apples-to-Apples Comparables

 Closest-Match Comparables
See closest-match comps for this subdivision
No obligation
Verified
Trends
Insights
Best of Luxury Realty
Talk to a local advisor
Licensed advisors answering your questions across Key Biscayne, FL
01
Licensed Brokerage
02
Local Advisors
03
Direct Answers
Exclusive real estate service partner

Price History

Current
$2.8M
High
$3.5M
Low
$2.8M
Total Change
-21.4%
$3.6M$3.1M$2.7MMar 25May 25May 25Aug 25
Date
Event
Price
Change
Price Per
08/15/2025
Sold
$2.8M
0%
$932 ft2
$10,034 m2
05/05/2025
Price Reduced
$2.8M
-7.72%
$932 ft2
$10,034 m2
05/05/2025
Price Reduced
$3M
-14.86%
$1,010 ft2
$10,873 m2
03/12/2025
Listed
$3.5M
 
$1,186 ft2
$12,771 m2
08/15/2025
$2.8M
Event
Sold
Change
0%
Price Per
$932 ft2
$10,034 m2
05/05/2025
$2.8M
Event
Price Reduced
Change
-7.72%
Price Per
$932 ft2
$10,034 m2
05/05/2025
$3M
Event
Price Reduced
Change
-14.86%
Price Per
$1,010 ft2
$10,873 m2
03/12/2025
$3.5M
Event
Listed
Price Per
$1,186 ft2
$12,771 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Maria Porro ToyosUrdapilleta Real Estate, LLC • Buyer Agency Compensation .

Listing Location & Street View
MapStreet View

Peer Listings

Active listings from matched communities
Results 0 of 0
No listings found
Try adjusting your filters or changing your location to see available listings
Turn on listing alerts and we'll notify you
when matching listings appear

Scores

Walk Score®
Car-Dependent. Most errands require a car
49

100
Bike Score®
Bikeable. Some bike infrastructure
54

100
Sound Score®
Bearable noise
82

100
Airport Score
Close to airports. Noticeable airport activity
0

100
Traffic Score
Congested area. Frequent traffic delays
24

100
Local Score
Limited local amenities nearby
0

100
Community Snapshot
2 – 5 BR
Bedrooms
$2.5M – $18.9M
Price Tier
1,720 - 8,435
SqFt Range
1996
Year Build
14
Total Floors
137
Total Units

Subdivision Amenities

Barbecue
Beach Rights
Bike Storage
Cabana
Clubhouse
Elevators
Fitness Center
Guard
Hobby Room
Management
Playground
Pool
Sauna
Storage
Trash

Key Biscayne
High-End
High-End Homes & Condos

Grand Bay Communities in Key Biscayne, FL