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$3,500,000

Beds
3
Baths
3.0
sq ft
2,950

445 Grand Bay Dr Unit 602, Key Biscayne, FL 33149

445 Grand Bay Dr Unit 602

Key Biscayne, FL 33149

  • <1 day on market
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 Dec 2025 the existing lease must be honored.

Details

Property type

Condominium

Est. home value

$2,892,350

Lot size

Unknown

Price per sq ft

$1,187

Year built

1996

Annual property taxes

$34,688

Monthly HOA fee

$3,679

Price History

03/13/2025
SEF

SEF #A11761920

Listed
$3,500,000
+66.67%
06/03/2021
SEF

SEF #A10870053

Sold
$2,100,000

Schools & Community

Elementary school: 

Keybiscayne

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Washington Mutual Bank Fa

Loan start date

April 2003

Original loan amount

$594,000

Est. remaining balance

Not provided

Interest rate

4.43%

Loan type

Negative Amortization, 30 year

Seller

Elaine S Berkowitz

Lender

Washington Mutual Bank Fa

Loan start date

April 2003

Original loan amount

$594,000

Est. remaining balance

Not provided

Interest rate

4.43%

Loan type

Negative Amortization, 30 year

Seller

Elaine S Berkowitz

Lender

Washington Mutual Bank

Loan start date

September 1999

Original loan amount

$600,000

Est. remaining balance

Not provided

Interest rate

7.89%

Loan type

New Conventional

Seller

Elaine S Berkowitz

Lender

Washington Mutual Bank

Loan start date

September 1999

Original loan amount

$600,000

Est. remaining balance

Not provided

Interest rate

7.89%

Loan type

New Conventional

Seller

Elaine S Berkowitz

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/15/2025 at 2:00 PM

Listing updated: 03/14/2025 at 7:05 PM

Listed by: Maria Porro Toyos, Urdapilleta Real Estate, LLC Phone #: (786) 381-3758

MLS: SEF #A11761920

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