What did 445 Grand Bay Drive 501 sell for?

445 Grand Bay Drive 501 sold for $1,465,000 on Jul 30, 2020, about 91.6% of its last asking price of $1,599,000 and about $588 per square foot. Recent sales like this one are what buyers and sellers nearby price against.

What are the association fees at 445 Grand Bay Drive 501?

The listing reported an association fee of $1,712 per month at the time of the sale. Fees and special assessments change; check the association's current budget before you compare it with another home.

What are the property taxes on 445 Grand Bay Drive 501?

The listing reported annual property taxes of $23,288 for 2019. Taxes are reassessed at the sale price after a purchase, so the new owner's bill will differ from that figure.

When was 445 Grand Bay Drive 501 built?

445 Grand Bay Drive 501 was built in 1996 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.

How long was 445 Grand Bay Drive 501 on the market?

445 Grand Bay Drive 501 was on the market for 202 days before it sold, after the asking price was reduced from $1,825,000 to $1,599,000.

Is 445 Grand Bay Drive 501 waterfront?

Yes. The listing described the water as other ocean front.

Is 445 Grand Bay Drive 501 still for sale?

No. 445 Grand Bay Drive 501 sold on Jul 30, 2020. BreakThru Realty can show you similar homes for sale nearby, or tell you what a home like yours would sell for today; call or text and a licensed agent will follow up.

445 Grand Bay Drive 501, Key Biscayne, FL 33149

Sold $1,465,000 · Jul 30, 2020

Last asking price $1,599,000 · 91.6% of asking · 202 days on market

2 beds
4 baths
2,490 sq ft
Condominium
Built 1996
HOA $1,712/mo
1 garage space
Miami-Dade County
MLS# A10776908
Grand Bay Residences Cond

Photo 1 at 445 Grand Bay Drive 501, Key Biscayne

Photo 2 at 445 Grand Bay Drive 501, Key Biscayne

Photo 3 at 445 Grand Bay Drive 501, Key Biscayne

Photo 4 at 445 Grand Bay Drive 501, Key Biscayne

Photo 5 at 445 Grand Bay Drive 501, Key Biscayne

Photo 6 at 445 Grand Bay Drive 501, Key Biscayne

Photo 7 at 445 Grand Bay Drive 501, Key Biscayne

Photo 8 at 445 Grand Bay Drive 501, Key Biscayne

About this home

Impeccable and luxurious 2 BD/3.5 BA at Grand Bay Residences, on the gated grounds of The Ritz-Carlton Key Biscayne. This 2,490 SF unit features private elevator entrance, natural stone tiles, formal kitchen with separate service entrance, an oversized master suite, and covered terrace perfect for dining. Enjoy the recently renovated 5-star lobby and full amenities including: tennis courts, beach, pool, valet, and lush tropical grounds of the Ritz-Carlton. Upscale island living, just a short drive from Brickell, Coconut Grove, and everything Miami has to offer.

Video Tour

Watch the video tour of 445 Grand Bay Drive 501

Features

Built-in Features
Entrance Foyer
Closet Cabinetry
Tennis Court(s)
Balcony
Other
Ocean Front

Schools

Elementary: Key Biscayne K-8
Middle: Ponce De Leon
High: Coral Gables

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

One Sotheby's International Realty · mls@onesothebysrealty.com · Listing agent: Raymond Anthony De Leon

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

What is your home worth?

445 Grand Bay Drive 501 sold on Jul 30, 2020. If you own nearby, get a free home valuation or see homes for sale in Key Biscayne. Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com.

Questions About 445 Grand Bay Drive 501

What did 445 Grand Bay Drive 501 sell for?: 445 Grand Bay Drive 501 sold for $1,465,000 on Jul 30, 2020, about 91.6% of its last asking price of $1,599,000 and about $588 per square foot. Recent sales like this one are what buyers and sellers nearby price against.
What are the association fees at 445 Grand Bay Drive 501?: The listing reported an association fee of $1,712 per month at the time of the sale. Fees and special assessments change; check the association's current budget before you compare it with another home.
What are the property taxes on 445 Grand Bay Drive 501?: The listing reported annual property taxes of $23,288 for 2019. Taxes are reassessed at the sale price after a purchase, so the new owner's bill will differ from that figure.
When was 445 Grand Bay Drive 501 built?: 445 Grand Bay Drive 501 was built in 1996 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long was 445 Grand Bay Drive 501 on the market?: 445 Grand Bay Drive 501 was on the market for 202 days before it sold, after the asking price was reduced from $1,825,000 to $1,599,000.
Is 445 Grand Bay Drive 501 waterfront?: Yes. The listing described the water as other ocean front.
Is 445 Grand Bay Drive 501 still for sale?: No. 445 Grand Bay Drive 501 sold on Jul 30, 2020. BreakThru Realty can show you similar homes for sale nearby, or tell you what a home like yours would sell for today; call or text and a licensed agent will follow up.

Explore

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705 Crandon Boulevard 506, Key Biscayne, FL 33149 · Sold $1,550,000 · 2 bd · 2 ba · 1,310 sq ft
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613 Ocean Drive 5D, Key Biscayne, FL 33149 · Sold $1,660,000 · 2 bd · 2 ba · 1,496 sq ft
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A comparable condo, 705 Crandon Boulevard 506, Key Biscayne, FL 33149, sold for $1,550,000 in August 2026. Key Biscayne neighborhoods include Biscayne Key Estates and Tropical Isle Homes. Nearby ZIP codes include 33109 and 33131. This property also neighbors Fisher Island, Brickell, and Miami. Compare it with the Key Biscayne housing market report.