Home » Key Biscayne » Grand Bay Tower at 430 Grand Bay Dr Key Biscayne » 430 Grand Bay Dr 505, Key Biscayne, FL 33149 | A11364052

Sold 430 Grand Bay Dr 505, Key Biscayne, FL 33149

$4,100,000
closed for a price of $3,750,000

Property Highlights

Listing ID A11364052 Status of this Listing: Closed Sold Property Type Residential Condominium 3 Bedrooms 4 Bathrooms Total 3 Full Bath 1 Half Bath Living Space 2,930 Sqft/272.21 m2 approx. Building Area 2,930 Sqft/272.21 m2 approx. COMMUNITY POOL Year Built 1999 Waterfront Has view of the Ocean Lease Term Minimum Duration: 365 What it means?Refers to a regulation set by the property association, stipulating that each rental agreement for the property must be for a duration of at least 365 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Time of this property from published date until Closing Date 217 Days

430 Grand Bay Dr 505, Key Biscayne, FL 33149

Property Description: Spectacular ocean and garden views from this designer remodeled apartment 3 bedrooms plus den and 3.5 Bathrooms at the Grand Bay Tower in Key Biscayne. European open kitchen concept with top of the line appliances. Wood floors through the apartment, marble floors on the bathrooms, build in closets, great illumination and lighting on each room. Private elevator to each apartment. 1 assigned parking space, 1 valet and 1 storage unit. Grand Bay offers excellent amenities, beach access, pool, fitness center, 24th hour concierge, close to the Ritz tennis and Padel courts and Ritz hotel. Enjoy island living in this prime location. Owner will remain in property until 4th quarter 2023.

Useful Info

Contingency:Pending Inspections
Original List Price:$4,100,000
Close Price:$3,750,000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Architectural
Style:
  • High Rise
Entry Level (floor):5
Entry Level Location:5
Construction Materials:
  • Block
Flooring:
  • Wood
  • Marble
Number of stories:14

Property Features

Has View:Yes
View from the Property:
  • Ocean
  • Water
Waterfront:Yes
Waterfront Features:
  • Ocean Access
  • Ocean Front
Swimming Pool Features:
  • Association
Security:
  • Door Man
  • Lobby Secured
  • Closed Circuit Camera(s)
Furnished:
  • Negotiable
Appliances:
  • Dryer
  • Dishwasher
  • Microwave
  • Refrigerator
  • Washer
  • Built-in Oven
  • Self Cleaning Oven
  • Trash Compactor
Interior Features:
  • Closet Cabinetry
  • Kitchen Island
  • Bedroom On Main Level
  • Elevator
  • Separate Shower
  • Dual Sinks
Exterior Features:
  • Balcony
Patio and Porch Features:
  • Balcony
  • Open
Window Features:
  • Blinds
  • Impact Glass
Green Energy Efficient:
  • Appliances
Air Conditioning System:
  • Other
Heating System:
  • Other

Taxes and Expenses

Tax Annual Amount:$27,369

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2022
Association Fee:$2,988
Association Fee Frequency:
  • Monthly
Association Fee 3rd HOA:$2,988
Association Fee 3rd HOA Frequency:
  • Monthly

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Call Agent
Buyer Possession:
  • Other
Buyer Financing:
  • Cash
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Pool
  • Trash
  • Clubhouse
  • Other
  • Fitness Center
  • Beach Rights
Subdivision Name:GRAND BAY TOWER CONDO
Association Fee Includes:
  • Other
Complex Name:GRAND BAY TOWER CONDO
Senior Community:No
Restrictions: OK To Lease

Parking

Garage:Yes
Garage Spaces:1
Covered Spaces:1
Parking Features:
  • One Space
  • Valet

Public Schools Assigned

Note: provided by seller, please contact the school district to confirm the school assignment for this property address.

Elementary School:Eustis Elem
High School:Coral Gables
Middle Or Junior School:Ponce De Leon

More Details

Other Information:
Unit ViewOcean View,Water View
Housing Older Persons ActUnverified
Water AccessOther
Unit DesignHigh Rise
Type of AssociationCondo
Type of Governing BodiesCondominium
Tax InformationTax Reflects No Exemptions
Flood ZoneAE
Homeowner's Association Application Fee0
Rooms DescriptionDen/Library/Office
Style Condo 5+ Stories
FEMA Flood Zone DesignationsAE
Municipal Code24
Subdivision Number60
Minimum Number of Days for Lease365
Number of times allowed to lease per year1
Buyer Country of ResidenceUnknown/Withheld

Zoning and Legal

Tax Legal Description:GRAND BAY TOWER CONDO UNIT 505 UNDIV 0.8688% INT IN COMMON ELEMENTS OFF REC 18893-1027 OR 18947-4335 0100 1
Real Estate Folio Number (Parcel Number):24-52-05-060-0480
Public Survey Township:24
Public Survey Range:52
Public Survey Section:5

Listing History

Update/EventDate/Days
Published Date:March 29, 2023 12:37 pm
On Market Date:March 29, 2023
Close Date:November 1, 2023
Price Change Date Time:March 29, 2023 11:11 am
Last Important Update Description:Closed
Date and Time of Last Important Update:November 1, 2023 4:52 pm
Status Last Changed:November 1, 2023 4:52 pm
Photos Last Modified:March 29, 2023 4:49 pm
Last Modified:November 1, 2023 8:52 pm
Days on the Market (updated on Last Modified*):177
Cumulative Days on the Market (updated on Last Modified**):177

Additional Information

Unit Location:High Rise
Number of Photos:61
Location:,,
Included:,,
Area:52
Courtesy of:BHHS EWM Realty
Universal Property Id:US-12025-N-2452050600480-R-N

Location

Show Property Address:Yes
Street Name:Grand Bay Dr
Street Number:430
Street Address:430 Grand Bay Dr 505
Unit Number:505
City : Key Biscayne
State : Florida
Zip Code : 33149
County : Miami-Dade County
Full Address:430 Grand Bay Dr 505, Key Biscayne, FL 33149
Latitude:N25° 41' 35.1''
Longitude:W81° 50' 31.2''

Neighborhood

Postal City:Key Biscayne

Property Map

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