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445 Grand Bay Dr # 303, Key Biscayne FL 33149

Condo/Co-op Active With Contract
$3,850,000

BTC: 60.15625000

ETH: 2,162.92134831

45 days
Waterfront
4 bds
4 ba
3,480 sqft

Overview

First time ever on the market, elegant, private and comfortable 4 beds, 4 baths unit in exclusive "The Grand Bay Residences", offering true coastal resort style living. Sophisticated and sought-after building located within a security gated community on the luxurious Ritz Carlton hotel grounds in the heart of the island paradise of Key Biscayne. Offering beach access/service, Ritz Carlton Tennis Club, Grand Bay Club, and 2 private pools with lovely outdoor gardens and scenic walking paths. Exceptional building with remodeled lobby, 24-hour concierge service, valet, a fitness center, conference/meeting room as well as being just steps away from shops and dining. Great floor plan, ample living dining areas, private elevator to foyer with double door entry, large bedrooms & plenty of closet space, three terraces, full size laundry room, 2 parking spaces + storage. World-class amenities and Key Biscayne lifestyle at its finest.

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Assigned / Covered
Year Built:
1996
Lot:
No Data
Heating:
Electric
Price/sqft:
$1,106
Cooling:
Electric
HOA:
$4,336

Valuation

Our model vs. what's actually selling nearby.
Estimate
$2,975,000
$2.7M – $3.8M
Confidence Low
List vs. estimate
$875K above estimate
List $3,850,000 · +29.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,106
+18.6% vs. city median $932
Based on
8 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $1.3M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$46,603
2025
HOA
$4,336/mo
View
Garden View, Other View
Waterfront
Ocean Front
Garage
2 car garage
Pets
Restrictions Or Possible Restrictions
All facts and features
  • Flooring

    • Carpet

    • Marble

    • Tile

    Heating

    • Electric

    Cooling

    • Electric

    Appliances

    • Dishwasher

    • Dryer

    • Electric Water Heater

    • Microwave

    • Washer

    Other interior features

    • Entrance Foyer

    • Split Bedroom

    • Den/Library/Office

    • Utility Room/Laundry

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Bathrooms: 1

    • Full bathrooms: 4

  • Parking

    • 2 Or More Spaces

    • Assigned

    • Covered

    Property

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 24-52-05-049-0280

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $4,336

    • HOA Frequency: Monthly

    • Annual tax amount: $46,603

  • Source details

    • MLS ID: A11919625

    Other facts

    • Construction Materials: Concrete Block Construction

    • Laundry Features: Utility Room/Laundry

    • Patio And Porch Features: Open Balcony

    • Architectural Style: High Rise

    • Waterfront: Yes

    • Garage Spaces: 2

    • Garage: Yes

    • Living Area: 3480

    • Subdivision Name: GRAND BAY RESIDENCES COND

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Emerald Real Estate Inc