BreakThru Realty

Grand Bay Residences Condos for Sale & Rent in Key Biscayne

Grand Bay Residences condos in Key Biscayne, FL: 2 for sale from $3,950,000, rentals, recent sales, price per square foot and association fees from live MLS data, updated daily.

Grand Bay Residences at a Glance

Address445 GRAND BAY DR
Year built1996
Units for sale2
Asking prices$3,950,000 to $18,900,000
Median asking price per sq ft$1,728/sq ft
Median association fee$2,378/mo
Units for rent1
Median asking rent$19,900/mo
Sold in the last 12 months44
Median sold price$2,587,500
Sale price as % of list92.2%
Leased in the last 12 months43
Median leased rent$9,000/mo
Median leased rent per sq ft$3.41/sq ft
Average days to lease50 days
Leased rent as % of asking94.4%
Water frontageOcean Front, Deeded Beach Access, Ocean Access
Pet policy (per listings)Yes, Pet Restrictions Possible

Source: BeachesMLS, every listing at the building's address; figures refresh daily. Not an appraisal.

About Grand Bay Residences

Grand Bay Residences is an oceanfront condominium at 445 Grand Bay Drive in Key Biscayne. Its address is 445 Grand Bay Drive, built in 1996 according to the MLS. Listings describe its water frontage as ocean front, deeded beach access, ocean access. Listings in the building are marked age restricted (55 and over); confirm the association's rule for the unit. This page gathers every unit the MLS shows at the building's address: the ones for sale, the rentals and the closings of the last twelve months.

Grand Bay Residences Condos for Sale

2 units are for sale at Grand Bay Residences right now, from $3,950,000 to $18,900,000, at a median $1,728 per square foot, with 4 to 5 bedrooms. The median association fee on these listings is $2,378 a month; what it covers differs by building, so confirm it for the unit.

Recent Sales and Rentals at Grand Bay Residences

44 units closed in the last twelve months at a median $2,587,500 ($819 per square foot), at 92.2% of the asking price after 186 days on market. 1 unit is for rent at a median $19,900 a month; the association sets the minimum lease term and the approval process.

Before You Buy at Grand Bay Residences

Florida requires milestone structural inspections and fully funded structural reserves for condominium buildings three stories and taller, so the building's inspection reports, its reserve study, the current budget and any special assessment matter as much as the unit. We also read the rules on leasing, pets, renovations and the association's approval process, and check the insurance and the flood zone, before you make an offer at Grand Bay Residences.

Units for Sale at Grand Bay Residences

Units for Rent at Grand Bay Residences

Recently Sold at Grand Bay Residences

Own a Condo at Grand Bay Residences?

A buyer working with BreakThru Realty may already be looking for a residence like yours. BreakThru Realty works with hundreds of prequalified buyers searching for properties. Request a review of recent sales at Grand Bay Residences, the competing listings in the building and your selling options, with no buyer named and nothing shared until you decide.

  • A value range built from comparable Grand Bay Residences sales, with the reasoning
  • Whether a buyer already working with BreakThru Realty is looking for a property like yours
  • The plan that reaches the rest of the market if no buyer on file fits
  • An estimate of your selling costs and what you would keep after closing

Explore My Grand Bay Residences Selling Options · Get My Key Biscayne Home Value

Leased at Grand Bay Residences in the Last 12 Months

What units at the building actually rented for: each closed lease with the rent it closed at, the days it took and how it compared with the asking rent. Rental portals show asking rents; these are achieved rents from BeachesMLS.

Grand Bay Residences: Frequently Asked Questions

How much do condos at Grand Bay Residences cost?
Units at Grand Bay Residences are listed from $3,950,000 to $18,900,000 right now, a median $1,728 per square foot. Over the last twelve months units closed at a median $2,587,500. Floor, view and renovation drive the spread; these figures refresh daily from the MLS.
What are the association fees at Grand Bay Residences?
The median association fee on current and recent listings at Grand Bay Residences is $2,378 a month. Fees vary by unit size and what the association covers, and older buildings may add special assessments for inspections and repairs, so we confirm the fee, the budget and any assessment for the specific unit.
Can I rent out a unit at Grand Bay Residences?
The Grand Bay Residences association decides: most South Florida condominiums set a minimum lease term, limit how many times a year a unit may be leased and require tenant approval, and some require an owner to hold the unit for a period first. 1 unit is listed for rent in the building right now, which shows leasing is possible; we read the current rules before you buy.
Are pets allowed at Grand Bay Residences?
Listings at Grand Bay Residences describe the pet policy as "Yes, Pet Restrictions Possible". Weight, breed and number limits are set by the association and can change, so we confirm the current rule for your pet before you offer or apply.
How do I see a unit at Grand Bay Residences?
Request a showing from any listing on this page, or ask a BreakThru agent to arrange a private tour of the units for sale or for rent at Grand Bay Residences. We also compare the building with similar Key Biscayne condominiums so you can see the choice side by side.

To request a tour, call (786) 914-1017 or email sales@breakthrurealty.com.

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