600 Grapetree Dr, Key Biscayne FL 33149

Condo/Co-op For Sale

$2,900,000

BTC: 45.31250000

ETH: 1,660.93928981

41 days

Waterfront

For Sale

Condo/Co-op

3 bds •

3 ba •

2,943 sqft

Overview

Your sanctuary awaits at Key Biscayne's most discreet oceanfront address. Living at Mar Azul is what it looks like when you finally stop compromising. With only 126 residences and tucked away at the far end of Grapetree Drive, the property sits precisely where the island gives way to the lush canopy of Bill Baggs Cape Florida State Park on one side and the endless Atlantic Ocean on the other. Spanning an impressive 2,943 living square feet, this residence was thoughtfully reimagined beyond its original design to offer a tranquil haven featuring three generous ensuite bedrooms. Brand new AC and elegant marble and warm wood flooring flow seamlessly throughout the space offering panoramic views of the ocean and the city skyline. Arrive home via a semi-private elevator that serves just two residences per wing. Mar Azul’s amenities include direct beach access, pool, fitness center, BBQ area, and clubroom, all secured by a 24/7 guard and gated entry. Further elevating the experience is the building's dedicated in-house management, ensuring bespoke service and a meticulously maintained environment. Complete with the ultimate convenience of assigned covered parking inclusive of an electric vehicle charging station and a private storage unit. Key Biscayne is a life measured in ocean views, quiet streets, and a village that values exactly that. Mar Azul is where that life begins.

Location

Florida • Key Biscayne • 33149 • Condo/Co-op • For Sale • Waterfront

Details

Type:

Residential

Parking:

Covered

Year Built:

1974

Lot:

No Data

Heating:

Central

Price/sqft:

$985

Cooling:

Central Air

HOA:

$3,267

Type:

Residential

Parking:

Covered

Year Built:

1974

Lot:

No Data

Heating:

Central

Price/sqft:

$985

Cooling:

Central Air

HOA:

$3,267

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.

Valuation

Our model vs. what's actually selling nearby.

Estimate

$2,290,000

$1.2M – $3.5M

Confidence Low

List vs. estimate

$610K above estimate

List $2,900,000 · +26.6%

Our model says this listing is priced above recent comparable activity. Room to negotiate.

Price per sq ft

$985

+5.7% vs. city median $932

Based on

7 MLS comparables

+ 30 public-records sales within 0.5 mi

Median actual sale: $2.1M

Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax

$28,539

2025

HOA

$3,267/mo

View

Ocean View, Direct Ocean

Waterfront

Ocean Access, Ocean Front

Garage

2 car garage

Pets

Restrictions Or Possible Restrictions

All facts and features

Flooring

• Marble

• Tile

• Wood

Heating

• Central

Cooling

• Central Air

Appliances

• Dryer

• Washer

Other interior features

• Built-in Features

• Closet Cabinetry

• Walk-In Closet(s)

• Storage

Bedrooms and bathrooms

• Bedrooms: 3

• Full bathrooms: 3
Parking

• Covered

Property

• Exterior Features: Open Balcony

Other Property Information

• Parcel Number: 24-52-04-011-0260
Type and style

• Property Type: Residential

• Property Sub Type: Condominium
Other financial information

• HOA: $3,267

• HOA Frequency: Monthly

• Annual tax amount: $28,539
Source details

• MLS ID: A12003348

Other facts

• Construction Materials: Concrete Block Construction / CBS Construction

• Patio And Porch Features: Open Balcony

• Window Features: Clear Impact Glass / Drapes / High Impact Windows / Impact Glass

• Architectural Style: High Rise

• Waterfront: Yes

• Garage Spaces: 2

• Garage: Yes

• Living Area: 2943

• Subdivision Name: MAR-AZUL CONDO

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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Market around this address

Live counts in the same area.

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: Keller Williams Capital Realty

600 Grapetree Dr, Key Biscayne FL 33149

Overview

Location

Details

Valuation

Highlights

Interior details

Property details

Construction details

HOA and Financial Details

Other

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