3 months on rocket

455 Grand Bay Dr Unit 517, Key Biscayne, FL, 33149

$675,000

Home List Price

$8,016*

Closing Credit

1 Full Bath
532 SqFt
$1,269/SqFt
Condo

Location

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455 Grand Bay Dr Unit 517, Key Biscayne$675,000

Buyer Closing Credits

$8,016*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingOne Space
Garage1 space
Year Built2001
HeatingCentral, Electric
CoolingCentral Air, Electric
WaterfrontOcean Front
ViewOcean
MLS #A11659149
StatusActive

About 455 Grand Bay Dr Unit 517

RITZ Carlton, Key Biscayne - Fully remodeled Master suite - Professionally managed - Generates in vacation rental +80k$/per year & 10%+ Net return. 60K$ from June to August alone and 91.5% occupancy. Key Biscayne is an island, one of the most prestigious address in the USA. The Ritz Carlton is the only prestigious hotel on this heavenly Luxury and luxuriant island in Miami. All 5-STAR Hotel amenities, utilities and room service included in HOA Luxurious spa & huge fitness center, 2 amazing oceanfront pools (Adults and Kids), jacuzzi, 3 restaurants, tennis court, beach service, kids programs, hair salon

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 2001
  • Living Area: 532 SqFt

Listing Office:

  • Office Name: Compass Florida, LLC.
  • Office Phone: (305) 851-2820
  • Listing Agent: Arthur Porosoff

Interior Features

Interior Information:

  • Appliances: Electric Water Heater
  • Flooring Type: Carpet, Marble
  • Interior: Bedroom on Main Level, First Floor Entry

Bedroom and Bathroom Information:

  • Full Bathrooms: 1

Exterior Features

Exterior Information:

  • Waterfront: Ocean Front
  • View: Ocean
  • Exterior: Balcony, Barbecue, TV Antenna, Tennis Court(s)

Parking Information:

  • Garage Space: 1 space
  • Parking: One Space

Virtual/3D Tour

  • Virtual Tour: 455 Grand Bay Dr Unit 517
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Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Price Information

Listing Price Info

Price Summary:

  • List Price: $675,000
  • Price Per SqFt: $1,269/SqFt

HOA Fees:

  • Amount: $1629
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Key Biscayne, FL.

Med. Sold Price

$1.5M

Med. Price/SqFt

$909

Avg. Days On Market

69

# of Sold Homes

18

455 Grand Bay Dr Unit 517 vs Key Biscayne

94 DAYS ON ROCKET

+25 Days

$675,000

-$850K Less

$1,269/SqFt

+$360 More

KEY TAKEAWAY

This property is $850K less than the Median Sold Price and $360/SqFt more than other homes in Key Biscayne, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11659149

Listing Office:

  • Office Name: Compass Florida, LLC.
  • Office Phone: (305) 851-2820
  • Listing Agent: Arthur Porosoff

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 10:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$5,065

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,090

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4493912
8
/10
  • Key Biscayne K-8 Center

  • 150 W McIntyre St

  • 0.44 miles

  • Public District Grades PK-5

school-card-donut-4493913
7
/10
  • Southside Elementary School

  • 45 SW 13th St

  • 5.26 miles

  • Public Magnet Grades PK-5

school-card-donut-4493914
7
/10
  • Coral Way K-8 Center

  • 1950 SW 13th Ave

  • 5.53 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $119,595. The most common annual income of people living in Key Biscayne, FL is $200k+. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 455 Grand Bay Dr Unit 517

What is the listing price of this property?

The listing price of 455 Grand Bay Dr Unit 517 property is $675,000.

What type of property is this?

The property 455 Grand Bay Dr Unit 517 is a condo located in Key Biscayne, Florida, 33149.

Is this property for sale now?

Active Listing: 455 Grand Bay Dr Unit 517 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 455 Grand Bay Dr Unit 517 has 1 bathroom..

What is the square footage of this property?

The property 455 Grand Bay Dr Unit 517 is 532 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 455 Grand Bay Dr Unit 517 is 2001.

Rocket HomesFloridaMiami-Dade CountyKey Biscayne33149455 Grand Bay Dr Unit 517

This home is located at 455 Grand Bay Dr Unit 517 in Key Biscayne, FL and zip code 33149. This 532 square foot home was built in 2001. Features: 1 bathroom. It has been listed on Rocket Homes since September 15, 2024 and is currently priced at $675,000.

While more than 1 listings in Key Biscayne, FL in November 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 14 were sold below. The inventory of homes for sale in Key Biscayne, FL between October 2024 and November 2024 increased by 6.9%. The median list price of listings available in November 2024 was $1,525,000, while the average time on the real estate market was 69 days.

From Rocket Homes Real Estate and based on county public records data.

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