Sold for $3,500,000

$3,500,000

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

4beds

3,480sqft

Condominium

Built in 1996

-- sqft lot

$3,476,900 Zestimate^®

$1,006/sqft

$-- Estimated rent

Home value

$3,476,900

$3.02M - $3.96M

Not available

Zestimate^® history

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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.

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

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: $1,006/sqft
Tax assessed value: $3,516,396
Annual tax amount: $46,603
Date on market: 11/24/2025
Listing terms: All Cash,Conventional

Price history

Date	Event	Price
2/6/2026	Sold	$3,500,000-9.1%$1,006/sqft
Source: MIAMI #A11919625 Report a problem
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	--