Condo in 445 Grand Bay Drive PH1A, Key Biscayne, FL 33149 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 PH1A, Key Biscayne, FL 33149

Price
Price:
$18,900,000.00
Original List Price:
$18,900,000.00
List Price per Sq Ft (Calculated, Approx.):
$2,240.66
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential
Property Type:
Condominium
Description of Last Important Update:
New Listing
Last Major Update on:
February 14, 2026 5:00 am
Other Special Conditions:
Sold As-is, Flood Zone
Rooms Distribution
Bedrooms:
5
Bathrooms Total:
6
Full Bath:
5
Half Bath:
1
Room Type:
Family Room, Den, Great Room
Rooms Total:
3
Master Bedroom Bath:
Bidet, Separate Shower, Dual Sinks, Master Bdrm - Ground, Separate Tub
Dining Area:
Formal Dining, Eat-in Kitchen, Breakfast Area
Measures
Living Area:
8,435 Sqft
Built-Up Area:
11,260 Sqft
Property Features
View from the Property:
Ocean, Bay, Direct Ocean
Waterfront:
Yes
Waterfront Features:
Ocean Access, Ocean Front, Deeded Beach Access
Security:
Smoke Detector(s), Security Guard, Secured Garage/Parking, Fire Alarm, Elevator Secure
Furnished:
Unfurnished
Appliances:
Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Electric Range, Electric Water Heater, Ice Maker, Oven
Interior:
High Ceilings, Pantry, Walk-In Closet(s), Closet Cabinetry, Entrance Foyer, Built-in Features, Wet Bar
Exterior:
Balcony
Windows:
Blinds, Drapes, Rods
Air Conditioning
Air Conditioning System:
Electric
Heating
Heating System:
Electric
Property Entrance Faces:
East
Unit Description:
Corner/end Unit, High Rise, Penthouse
Balcony Details:
Balcony - Open
Storm Protection Impact Glass:
Partial
Construction
Year Built:
1997
Levels:
Two
Construction Materials:
CBS
Flooring:
Carpet, Wood, Marble
Number of stories:
14
Stories:
1
Flood Zone Code:
AE
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$54,141.00
Tax Year:
2025
Association Fee:
$9,923.00
Association Fee Frequency:
Monthly
Parking
Garage Spaces:
0
Covered Spaces:
0
Parking Features:
Garage Door Opener, Covered, Valet
Utilities
Electric:
Fuses
Utilities Available:
Cable Available
Community
Association
Application Required
Application Fee:
$150.00
Application Information:
1-2 Weeks Approval, Association Approval Required
Association Type:
Condominium
Pets Allowed?:
Yes, Pet Restrictions Possible
Lease Number Times per Year Allowed:
2
Amenities Provided by the Homeowner's Association (HOA):
Pool, Community Room, Bike Storage, Management, Fitness Center
Building Name:
445
Subdivision Name:
GRAND BAY RESIDENCES COND
Association Fee Includes:
Maintenance Grounds, Sewer, Water, Cable Tv, Security, Common Areas
Senior Community:
Yes
Development Name:
GRAND BAY
Restrictions:
Parking - No Rv, Parking - No Truck, Parking - No Trailer
Minimum Days per Lease:
180
Leasing Permitted
Leasing Permitted Details:
Okay To Lease
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable
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):
2452050491350
Public Schools Assigned
Elementary School:
Key Biscayne K-8
High School:
Coral Gables
Middle Or Junior School:
Ponce De Leon
Listing History
Active on the market since:
February 14, 2026
Listing Agreement executed on:
February 14, 2026
Listing Status Last Changed On:
February 14, 2026 5:00 am
Photos updated on:
May 4, 2026 4:17 pm
Last Modified:
July 7, 2026 12:03 am
Additional Information
Courtesy of:
One Sotheby's International Realty
Attribution:
Not provided
Location
Floor Number:
14
Street Name:
Grand Bay
Street Number:
445
Unit Number:
PH1A
City:
Key Biscayne
State:
Florida
Zip Code:
33149
County:
Miami-Dade
Latitude:
N25° 41' 33.1''
Longitude:
W81° 50' 29.2''
Street Suffix:
Drive
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) 70 Moderate
☀️ O3 25 Good
🫁 PM2.5 70 Moderate

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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.