Home » Key Biscayne » The Ritz Carlton at 455 Grand Bay Dr Key Biscayne » 455 Grand Bay Dr 524, Key Biscayne, FL 33149 | A11540215

455 Grand Bay Dr 524, Key Biscayne, FL 33149 | Sold

$1,800,000
closed for a price of $1,800,000

Property Highlights

Listing ID A11540215 Status of this Listing: Closed Sold Property Type Residential Condominium In a Condo Hotel 1 Bedrooms 1 Bathrooms Total 1 Full Bath Living Space 849 Sqft/78.87 m2 approx. Building Area 849 Sqft/78.87 m2 approx. COMMUNITY POOL Year Built 2001 Waterfront Has view of the Ocean Lease Term Minimum Duration: 1 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 1 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Short Term Rentals Allowed (less than 6 months) Time of this property from published date until Closing Date 48 Days
18 Photos of this Property

455 Grand Bay Dr 524, Key Biscayne, FL 33149

Property Description: Rare opportunity to own an OCEAN FRONT one bedroom suite w/a connecting studio at The Ritz-Carlton in Key Biscayne. Just a drive away from Miami, this property presents the perfect location for those seeking refined living at one of Key Biscayne 's most prestigious addresses. Make this your permanent residence or use it as a luxurious getaway, the option to have the residence staff manage & book the property in your absence adds an extra layer of flexibility, ensuring a worry-free ownership experience while generating revenue. Wake up to sweeping ocean views & indulge in a lifestyle where every need is met effortlessly. From concierge services to spa treatments & beachfront dining, the hotel 's amenities redefine relaxation. One bedroom suite to be purchased with the connecting studio.

Useful Info

Contingency:No Contingencies
Original List Price:$1,800,000
Close Price:$1,800,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Condo-hotel
Architectural Style:
  • High Rise
Entry Level (floor):5
Entry Level Location:5
Construction Materials:
  • Block
Flooring:
  • Carpet
  • Marble
Number of stories:14
Number of Units in the Community or Building:188

Property Features

View from the Property:
  • Ocean
Waterfront:Yes
Waterfront Features:
  • Ocean Front
Swimming Pool Features:
  • Heated
  • Association
Security:
  • Smoke Detector(s)
  • Door Man
Accessibility Features:
  • Accessible Doors
Appliances:
  • Dryer
  • Dishwasher
  • Disposal
  • Microwave
  • Refrigerator
  • Electric Range
  • Ice Maker
Interior Features:
  • First Floor Entry
  • Bedroom On Main Level
  • Family/dining Room
  • Separate Shower
  • Dual Sinks
  • Bidet
Exterior Features:
  • Security/high Impact Doors
  • Fence
  • Tennis Court(s)
Window Features:
  • Blinds
  • Impact Glass
  • Sliding
Air Conditioning:Yes
Air Conditioning System:
  • Ceiling Fan(s)
  • Electric
Heating:Yes
Heating System:
  • Electric
Building Features:
  • Exterior Lighting
Fence:
  • Wall

Taxes and Expenses

Tax Annual Amount:$16,788

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:2023
Association Fee:$2,500
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects City & County Tax

Terms

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

Community

Pets Allowed?:
  • Size Limit (There are size restrictions on allowed pets)
  • Yes
Amenities Provided by the Homeowner's Association (HOA):
  • Pool
  • Sauna
  • Bike Storage
  • Elevator(s)
  • Fitness Center
  • Tennis Court(s)
Subdivision Name:G B RESORT CONDO HOTEL
Association Fee Includes:
  • Maintenance Grounds
  • Sewer
  • Water
  • Trash
  • Cable Tv
  • Pool(s)
  • Association Management
  • Parking
  • Internet
  • Electricity
  • Hot Water
  • Legal/accounting
Complex Name:GB Resort Condo Hohtel
Senior Community:No
Restrictions: Limited Number of Vehicles, No Recreational Vehicles RV, No Truck, OK To Lease

Parking

Garage:Yes
Garage Spaces:1
Covered Spaces:1
Parking Features:
  • Two Or More Spaces

Public Schools Assigned

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

Elementary School:Chapel Trail
High School:Mast Academy
Middle Or Junior School:Campbell Drive

Utilities

Utilities Available:
  • Cable Available

More Details

Other Information:
Unit View: Direct Ocean
Housing Older Persons Act: Unverified
Unit Design: High Rise
Type of Association: Condo
Minimum Number of Days for Lease: 1
Type of Governing Bodies: Condominium
Pet Fee: 0
Tax Information: Tax Reflects City & County Tax
Number of times allowed to lease per year: 365
Flood Zone : AE
Homeowner's Association Application Fee: 0
Rooms Description: Other
Style: Condo-Hotel
FEMA Flood Zone Designations: AE
Municipal Code: 24
Subdivision Number: 61
Buy State: Florida
Buyer Country of Residence: USA
Water Access Description:Other

Zoning and Legal

Tax Legal Description:G B RESORT CONDO HOTEL UNIT 524 UNDIV 0.653 INT IN COMMON ELEMENTS OFF REC 19670-4016 OR 19900-3698 0801 1 COC 24794-4717 08 2006 1
Real Estate Folio Number (Parcel Number):24-52-05-061-1650
Public Survey Township:24
Public Survey Range:52
Public Survey Section:5

Listing History

Update/EventDate/Days
Published Date:February 27, 2024 12:00 am
On Market Date:January 31, 2024
Close Date:April 15, 2024
Price Change Date Time:February 26, 2024 11:50 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:April 27, 2024 7:30 am
Status Last Changed:April 27, 2024 7:30 am
Photos Last Modified:March 15, 2024 11:28 pm
Last Modified:April 27, 2024 11:30 am
Days on the Market Reference Date:April 27, 2024
Days on the Market (updated on Last Modified*):45
Cumulative Days on the Market (updated on Last Modified**):45

Additional Information

Unit Location:High Rise
Number of Photos Count:18
Area:52
Ref ID:1061718949
Automated Valuation Display:Yes
Courtesy of:Arch Realty Inc
Universal Property Id:US-12025-N-2452050611650-R-N

Location

Show Property Address:Yes
Street Name:Grand Bay Dr
Street Number:455
Street Address:455 Grand Bay Dr 524
Unit Number:524
City : Key Biscayne
State : Florida
Zip Code : 33149
County : Miami-Dade County
Full Address:455 Grand Bay Dr 524, Key Biscayne, FL 33149
Latitude:N25° 41' 30''
Longitude:W81° 50' 27''

Neighborhood

Postal City:Key Biscayne

Property Map

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