Condo in 445 Grand Bay Drive PH-1A Key Biscayne for sale with MLS# A11954185

High above the turquoise waters of Key Biscayne rises a penthouse that simply cannot be replicated. Once featured in Architectural Digest, this legendary corner residence at Grand Bay is a statement of scale, design, and presence. From sunrise over the Atlantic to glittering sunsets across Biscayne Bay and the Miami skyline, the views are cinematic in every direction, offering endless blue water, golden light, and exceptional privacy. Spanning an extraordinary 8,435 square feet under air and 2,825 square feet of terraces, totaling 11,260 square feet as per the developer's floor plan, the residence is defined by soaring 12-foot ceilings and grand proportions throughout. A dramatic foyer leads to a spectacular Grand Room designed for both intimate living and large-scale entertaining. The formal dining room is separate and elegant, while the completely remodeled kitchen and family room provide comfort and functionality. The fully renovated private library and custom bar enhance the home's entertaining appeal. The primary suite is serene and expansive. All the bathrooms have just been completely remodeled, offering a fresh spa-inspired experience finished to today's highest standards. Four (4) additional en-suite bedrooms ensure comfort and privacy. The terraces offer expansive outdoor living in the sky, perfect for sunrise mornings and sunset evenings overlooking the water and skyline. This is not simply a penthouse. It is a landmark residence, rare and impossible to duplicate.

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445 Grand Bay Drive PH-1A, Key Biscayne, FL 33149

Price
Price:
$18,900,000.00
Original List Price:
$18,900,000.00
Property Status and Type
Listing Type:
For Sale
Status:
Active
Special Sale Conditions:
Listed As Is
Listing Category:
Residential
Property Type:
Condominium
MLS Number:
A11954185
Description of Last Important Update:
New Listing
Last Major Update on:
February 14, 2026 11:28 am
Rooms Distribution
Bedrooms:
5
Bathrooms Total:
6
Full Bath:
5
Half Bath:
1
Room Type:
Family Room, Den, Great Room
Measures
Living Area:
8,435 Sqft
Built-Up Area:
11,260 Sqft
Lot Size Unit:
Square Feet
Property Features
View from the Property:
Ocean, Bay
Waterfront:
Yes
Waterfront Features:
Ocean Access, Ocean Front
Swimming Pool Features:
Association
Security:
Smoke Detector(s), Security Guard, Elevator Secured, Secured Garage/Parking
Furnished:
Unfurnished
Appliances:
Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Electric Range, Electric Water Heater, Ice Maker, Built In Oven
Interior:
Eat-in Kitchen, Breakfast Area, Dining Area, High Ceilings, Pantry, Walk-In Closet(s), Closet Cabinetry, Entrance Foyer, Built-in Features, Wet Bar, Separate Formal Dining Room, Main Level Primary, Separate Shower, Bidet, Dual Sinks
Exterior:
Balcony, Security High Impact Doors
Patio and Porch:
Balcony, Open
Windows:
Blinds, Drapes
Air Conditioning
Air Conditioning System:
Electric
Heating
Heating System:
Electric
Property Entrance Faces:
East
Water Access Description:
Deeded Beach Access
Construction
Year Built:
1997
Year Built Details:
Resale
Architectural Style:
High Rise, Penthouse, High Rise
Levels:
One
Entry Level (floor):
14
Entry Level Location:
14
Construction Materials:
Block
Flooring:
Carpet, Wood, Marble, Hardwood
Number of stories:
14
Stories:
1
Taxes and Expenses
Tax Annual Amount:
$54,141.00
Tax Year:
2025
Association Fee Frequency:
Monthly
Association Fee 3rd HOA:
$9,923.00
Association Fee 3rd HOA Frequency:
Monthly
Property Tax Status:
Tax Reflects Homestead Exemption
Parking
Garage Spaces:
0
Covered Spaces:
0
Parking Features:
Two Or More Spaces, Garage Door Opener, Covered, Valet
Utilities
Electric:
Fuses
Utilities Available:
Cable Available
Community
Pets Allowed?:
Yes, Conditional
Amenities Provided by the Homeowner's Association (HOA):
Pool, Bike Storage, Clubhouse, Fitness Center
Subdivision Name:
GRAND BAY RESIDENCES COND
Association Fee Includes:
Maintenance Grounds, Sewer, Water, Cable Tv, Security, Common Areas, Association Management
Complex Name:
GRAND BAY
Senior Community:
Yes
Development Name:
GRAND BAY
Restrictions:
No Boats, No RVs, No Trucks, Okay to Lease
Terms
Disclosures:
Flood Plain Disclosure
Listing Terms Considered by Seller:
Cash, Conventional
Occupant Type:
Vacant
Buyer Possession:
Closing And Funding
Zoning and Legal
Tax Legal Description:
GRAND BAY RESIDENCES CONDO UNIT PH-1A UNDIV 1.7892% INT IN COMMON ELEMENTS OFF REC 17374-0773 OR 17905-3465 1297 1
Real Estate Folio Number (Parcel Number):
24-52-05-049-1350
Public Schools Assigned
Elementary School:
Silver Lakes
Listing History
Originally published on:
February 14, 2026 11:28 am
Active on the market since:
February 14, 2026
Price change occurred on:
January 28, 2026 9:07 am
Listing Status Last Changed On:
February 14, 2026 11:28 am
Photos updated on:
February 14, 2026 4:48 pm
Last Modified:
May 4, 2026 4:14 pm
Additional Information
Unit View:
Bay, Ocean View, Direct Ocean
Housing Older Persons Act:
Verified
Unit Design:
Corner Unit, High-Rise, Penthouse
Type of Association:
Condo
Minimum Number of Days per Lease:
180
Type of Governing Bodies of the Association:
Condominium
Pet Fee:
$0.00
Number of Times Leased per Year:
2
Flood Zone:
AE
Building Number:
445
Application Fee:
$150.00
Rooms Description:
Den/Library/Office, Family Room, Great Room
Style:
Condo 5+ Stories
Municipal Code:
24
Subdivision Number:
49
Courtesy of:
One Sotheby's International Realty
Attribution:
Not provided
Location
Street Name:
Grand Bay Drive
Street Number:
445
Unit Number:
PH-1A
City:
Key Biscayne
State:
Florida
Zip Code:
33149
County:
Miami-Dade
Latitude:
N25° 41' 33.3''
Longitude:
W81° 50' 27.2''
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $171,982
Median Home Value $1,231,500
Median Rent $3,501/mo
Median Age 43
Population 14,628

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 40 Good
☀️ O3 30 Good
🫁 PM2.5 40 Good

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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is 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. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.