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600 Grapetree Dr, Key Biscayne FL 33149

Condo/Co-op For Sale
$2,480,000

BTC: 38.75000000

ETH: 1,420.38946163

38 days
Waterfront
3 bds
3 ba
2,523 sqft

Overview

Rarely available at Mar Azul, 2ND LINE CLOSEST TO THE OCEAN, this fully remodeled 3-bedroom, 3-bath residence stands out for its exceptional scale and layout—something increasingly hard to find in Key Biscayne. Spanning 2,523 sq.ft., the most compelling feature is the expansive open living, dining, and kitchen area, fully integrated to create a grand entertaining space with seamless flow and abundant natural light. This is a type of volume and openness rarely seen on the island. The residence enjoys direct oceanfront positioning with beautiful water views and immediate beach access. A wide wraparound balcony runs across the entire apartment, connecting the main living areas and the primary suite, and enhancing the indoor-outdoor living experience. Each of the three bedrooms is generously sized and features its own fully renovated bathroom, offering both privacy and comfort. The apartment has been completely remodeled with a modern aesthetic, incorporating clean lines, quality finishes, and a functional layout designed for today’s lifestyle. Mar Azul is a boutique oceanfront condominium with only 126 units, offering a more private residential experience. Additional features include a semi-private elevator lobby shared with just one neighbor. A rare combination of size, layout, and oceanfront living in one of Key Biscayne’s most established buildings. AVAILABLE NOW! EASY TO SHOW!!

Location

Details

Type:
Residential
Parking:
1 Space / Assigned / Covered
Year Built:
1974
Lot:
No Data
Heating:
Electric
Price/sqft:
$983
Cooling:
Electric
HOA:
$3,300

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,750,000
$1.5M – $2.4M
Confidence Low
List vs. estimate
$730K above estimate
List $2,480,000 · +41.7%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$982
+5.4% vs. city median $932
Based on
5 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
$20,722
2025
HOA
$3,300/mo
View
Ocean View, Water View
Waterfront
Ocean Access, Ocean Front
Garage
1 car garage
Pets
Restrictions Or Possible Restrictions
All facts and features
  • Flooring

    • Marble

    Heating

    • Electric

    Cooling

    • Electric

    Appliances

    • Dishwasher

    • Dryer

    • Microwave

    • Electric Range

    • Refrigerator

    • Wall Oven

    • Washer

    Other interior features

    • Closet Cabinetry

    • Cooking Island

    • Elevator

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 3

  • Parking

    • 1 Space

    • Assigned

    • Covered

    Property

    • Exterior Features: None / Barbeque / Open Balcony

    Other Property Information

    • Parcel Number: 24-52-04-011-0280

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $3,300

    • HOA Frequency: Monthly

    • Annual tax amount: $20,722

  • Source details

    • MLS ID: A12004459

    Other facts

    • Construction Materials: CBS Construction

    • Patio And Porch Features: Open Balcony

    • Direction Faces: Southeast

    • Waterfront: Yes

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 2523

    • 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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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: Urdapilleta Real Estate, LLC