Under contract

$3,850,000

445 Grand Bay Dr APT 303, Key Biscayne, FL 33149

4beds

3,480sqft

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Condominium

Built in 1996

-- sqft lot

$-- Zestimate^®

$1,106/sqft

$4,336/mo HOA

What's special

Three terracesGreat floor planAmple living dining areasFull size laundry roomRemodeled lobby

First time ever on the market, elegant, private and comfortable 4 beds, 4 baths unit in exclusive "The Grand Bay Residences", offering true coastal resort style living. Sophisticated and sought-after building located within a security gated community on the luxurious Ritz Carlton hotel grounds in the heart of the island paradise of Key Biscayne. Offering beach access/service, Ritz Carlton Tennis Club, Grand Bay Club, and 2 private pools with lovely outdoor gardens and scenic walking paths. Exceptional building with remodeled lobby, 24-hour concierge service, valet, a fitness center, conference/meeting room as well as being just steps away from shops and dining. Great floor plan, ample living dining areas, private elevator to foyer with double door entry, large bedrooms & plenty of closet space, three terraces, full size laundry room, 2 parking spaces + storage. World-class amenities and Key Biscayne lifestyle at its finest.

235 days

29

1

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 5
Full bathrooms: 4
1/2 bathrooms: 1

Rooms

Room types: Den/Library/Office

Heating

Electric

Cooling

Electric

Appliances

Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Washer
Laundry: Laundry Room

Features

Entrance Foyer, Split Bedroom
Flooring: Carpet, Marble, Tile

Interior area

Total structure area: 3,480
Total interior livable area: 3,480 sqft

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Property

Parking

Total spaces: 2
Parking features: 2 Or More Spaces, Assigned, Covered
Garage spaces: 2

Features

Entry location: Foyer
Exterior features: Balcony
Pool features: Association
Has view: Yes
View description: Garden, Other
Waterfront features: Ocean Front

Details

Parcel number: 2452050490280

Construction

Type & style

Home type: Condo
Property subtype: Condominium
Attached to another structure: Yes

Materials

Concrete Block Construction

Condition

Year built: 1996

Community & HOA

Community

Security: Card Entry, Lobby Secured, Walled
Application fee: $250
Pet fee: $0
Subdivision: Grand Bay Residences Cond

HOA

Has HOA: Yes
Amenities included: Bike/Jog Path, Elevator(s), Fitness Center, Pool, Other, Tennis Court(s), Trash
HOA fee: $4,336 monthly

Location

Region: Key Biscayne

Financial & listing details

Price per square foot: $1,106/sqft
Tax assessed value: $3,516,396
Annual tax amount: $46,603
Date on market: 11/24/2025
Listing terms: All Cash,Conventional

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
1/10/2026	Pending sale	$3,850,000$1,106/sqft
Source: MIAMI #A11919625 Report a problem
11/24/2025	Listed for sale	$3,850,000+316.2%$1,106/sqft
Source: MIAMI #A11919625 Report a problem
10/21/2020	Sold	$925,000-22.9%$266/sqft
Source: Agent Provided Report a problem
4/7/2000	Sold	$1,200,000+18.2%$345/sqft
Source: Public Record Report a problem
11/25/1996	Sold	$1,015,000$292/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$48,545 +4.4%	$2,817,602 +10%
2024	$46,509 +23.8%	$2,561,457 +10%
2023	$37,576 +11%	$2,328,598 +10%
2022	$33,843 +4.3%	$2,116,908 +8%
2021	$32,457 +0.3%	$1,960,100 0%
2020	$32,362 -11.5%	$1,960,110 -9.9%
2019	$36,563 +9.1%	$2,175,690 +10%
2018	$33,526	$1,977,900 +10%
2017	$33,526 +2%	$1,798,091 +10%
2016	$32,882 +10.5%	$1,634,629 +10%
2015	$29,750 +1.5%	$1,486,027 +10%
2014	$29,296 +28.8%	$1,350,934 -6.5%
2013	$22,753 0%	$1,444,850 +10%
2012	$22,753 -10.6%	$1,313,500 -10%
2011	$25,460 -11.7%	$1,459,440 -5%
2010	$28,826 -26.5%	$1,536,250 -30%
2009	$39,193 +15%	$2,194,640 +12.5%
2007	$34,095 +47.1%	$1,950,790
2006	$23,181	--
2005	$23,181 +8%	--
2004	$21,461 +14.5%	--
2003	$18,746 +15.6%	--
2002	$16,220	--
2001	$16,220	--

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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