Home » Key Biscayne » The Ritz Carlton at 455 Grand Bay Dr Key Biscayne » 455 Grand Bay Dr 517, Key Biscayne, FL 33149 | A11659149

455 Grand Bay Dr 517, Key Biscayne, FL 33149 | For Sale

$675,000

Property Highlights

Listing ID A11659149 Status of this Listing: Active For Sale Property Type Residential Condominium In a Condo Hotel 1 Bathrooms Total 1 Full Bath Living Space 532 Sqft/49.42 m2 approx. Building Area 532 Sqft/49.42 m2 approx. 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 on Rebonus 8 Day(s)
8 Photos of this Property

455 Grand Bay Dr 517, Key Biscayne, FL 33149

Property Description: 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

Residential Condominium For Sale located at 455 Grand Bay Dr 517 Key Biscayne FL 33149 in Miami-Dade referenced as ID MLS # A11659149. Find below more comprehensive details about this property. Get in touch with Rebonus, Realtors to arrange a personal viewing or a live video tour, or to submit an offer. If you are a property owner interested in selling a similar property, contact us and receive a free comparative market analysis. We also provide online video calls and meetings.

Useful Info

Original List Price:$675,000

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:12

Property Features

Has View:Yes
View from the Property:
  • Ocean
Waterfront:Yes
Waterfront Features:
  • Ocean Front
Security:
  • Door Man
Appliances:
  • Electric Water Heater
Interior Features:
  • First Floor Entry
  • Bedroom On Main Level
Exterior Features:
  • Barbecue
  • Balcony
  • Tennis Court(s)
  • Tv Antenna
Patio and Porch Features:
  • Balcony
  • Open
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
  • Electric
Heating:Yes
Heating System:
  • Central
  • Electric

Taxes and Expenses

Tax Annual Amount:$8,136

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:$1,629
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:
  • Close Of Escrow
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Business Center
  • Elevator(s)
Subdivision Name:G B RESORT CONDO HOTEL
Association Fee Includes:
  • Maintenance Grounds
  • Water
  • Cable Tv
  • Security
  • Common Areas
  • Association Management
  • Internet
Complex Name:G B RESORT CONDO HOTEL
Senior Community:No
Restrictions: Daily Rentals Allowed,No Restrictions

Parking

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

More Details

Other Information:
Unit View: Ocean View
Housing Older Persons Act: No HOPA
Unit Design: High Rise
Type of Association: Condo
Minimum Number of Days for Lease: 1
Type of Governing Bodies: Condominium
Pet Fee: 150
Tax Information: Tax Reflects City & County Tax
Number of times allowed to lease per year: 365
Flood Zone : AE
Homeowner's Association Application Fee: 150
Style: Condo-Hotel
FEMA Flood Zone Designations: AE
Municipal Code: 24
Subdivision Number: 61
Water Access Description:None

Zoning and Legal

Tax Legal Description:G B RESORT CONDO HOTEL UNIT 517 UNDIV 0.41 INT IN COMMON ELEMENTS OFF REC 19670-4016 OR 19829-3053 07 2001 1 COC 24834-0253 05 2006 5
Real Estate Folio Number (Parcel Number):24-52-05-061-1150
Public Survey Township:24
Public Survey Range:52
Public Survey Section:5

Listing History

Update/EventDate/Days
Published Date:September 13, 2024 9:28 pm
On Market Date:September 13, 2024
Price Change Date Time:September 13, 2024 3:38 pm
Last Important Update Description:New Listing
Date and Time of Last Important Update:September 13, 2024 9:28 pm
Status Last Changed:September 13, 2024 9:28 pm
Photos Last Modified:September 14, 2024 1:37 am
Last Modified:September 18, 2024 6:32 pm
Days on the Market Reference Date:September 18, 2024
Days on the Market (updated on Last Modified*):5
Cumulative Days on the Market (updated on Last Modified**):5

Additional Information

Unit Location:High Rise
Number of Photos Count:8
Area:52
Ref ID:1086649957
Automated Valuation Display:Yes
Courtesy of:Compass Florida, LLC.
Universal Property Id:US-12025-N-2452050611150-R-N

Location

Show Property Address:Yes
Street Name:Grand Bay Dr
Street Number:455
Street Address:455 Grand Bay Dr 517
Unit Number:517
City : Key Biscayne
State : Florida
Zip Code : 33149
County : Miami-Dade
Full Address:455 Grand Bay Dr 517, Key Biscayne, FL 33149
Latitude:N25° 41' 30''
Longitude:W81° 50' 27''

Neighborhood

Postal City:Key Biscayne

Property Map

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