445 Grand Bay Drive 602, Key Biscayne, FL 33149

Sold $2,750,000 · Aug 15, 2025

Last asking price $2,980,000 · 92.3% of asking · 88 days on market

  • 3 beds
  • 3 baths
  • 2,950 sq ft
  • Condominium
  • Built 1996
  • HOA $3,679/mo
  • 1 garage space
  • Miami-Dade County
  • MLS# A11761920
  • Grand Bay Residences Cond
Photo 1 at 445 Grand Bay Drive 602, Key BiscaynePhoto 2 at 445 Grand Bay Drive 602, Key BiscaynePhoto 3 at 445 Grand Bay Drive 602, Key BiscaynePhoto 4 at 445 Grand Bay Drive 602, Key BiscaynePhoto 5 at 445 Grand Bay Drive 602, Key BiscaynePhoto 6 at 445 Grand Bay Drive 602, Key BiscaynePhoto 7 at 445 Grand Bay Drive 602, Key BiscaynePhoto 8 at 445 Grand Bay Drive 602, Key Biscayne

About this home

Presenting a spectacular unit at Grand Bay Residences, offering exceptional services, a beautifully remodeled lobby, and being just steps from the beach. This 3-bedroom residence, including a spacious master suite, an en-suite second bedroom, and an enclosed den with a full bathroom, provides 2,950 SqFt of modern living space. The unit is filled with natural light, ensuring both privacy and comfort, and features three expansive terraces, ideal for enjoying stunning sunsets and panoramic views of the bay and gardens.Experience the premier Key Biscayne lifestyle with 24-hour concierge service, valet, a fitness center, and exclusive access to the adjacent Ritz-Carlton’s world-class amenities. The unit is currently leased $16,0000 through Jan 4, 2026 the existing lease must be honored.

Features

Schools

  • Elementary: Key Biscayne K-8

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Urdapilleta Real Estate, LLC · dolores@urdapilletarealestate.com · Listing agent: Maria C Porro Toyos

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What is your home worth?

445 Grand Bay Drive 602 sold on Aug 15, 2025. 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 602

What did 445 Grand Bay Drive 602 sell for?
445 Grand Bay Drive 602 sold for $2,750,000 on Aug 15, 2025, about 92.3% of its last asking price of $2,980,000 and about $932 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 602?
The listing reported an association fee of $3,679 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 602?
The listing reported annual property taxes of $34,688 for 2024. 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 602 built?
445 Grand Bay Drive 602 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 602 on the market?
445 Grand Bay Drive 602 was on the market for 88 days before it sold, after the asking price was reduced from $3,500,000 to $2,980,000.
Is 445 Grand Bay Drive 602 waterfront?
Yes. The listing described the water as deeded beach access ocean access ocean front.
Is 445 Grand Bay Drive 602 still for sale?
No. 445 Grand Bay Drive 602 sold on Aug 15, 2025. 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.

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Nearby Condo Buildings

A comparable condo, 765 Crandon Boulevard PH-4, Key Biscayne, FL 33149, sold for $3,045,000 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.