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$650,000
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Property Description
RITZ Carlton, Key Biscayne - Fully remodeled Master suite - Professionally managed - Generates in vacation rental +80k$/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
Full Property Details
Full Property Details for 455 Grand Bay Dr #517
General
- Sold For: $650,000
- HOA FEE: $1,629/month
- Taxes: $8,136 (2023)
- Status: Closed
- Type: Condo
- Source: Greater_Miami
- MLS ID: A11659149
- Added to Site: 495 day(s) ago
Interior
- Interior Features: First Floor Entry
- Appliances: Electric Water Heater
- Furnishings: Unfurnished
- Flooring: Carpet, Marble
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Bedroom Features: At Least 1 Bedroom Ground Level
Additional Information
- Shared Amenities: Business Center
- Maint. Includes: Cable Tv, Common Area, Elevator, Internet/WiFi, Landscaping/Lawn Maintenance, Manager, Security, Water
- Security/Safety: Doorman
- Equipment: TV Antenna
Exterior
- Exterior Features: Barbecue, Open Balcony, Tennis Court(s)
- Deck/Patio: Open Balcony
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: 1 Space
Location
- Area: G B Resort Condo Hotel
- County: Miami-Dade County
- Subdivision: G B RESORT CONDO HOTEL
- Building Name: G B RESORT CONDO HOTEL
Community
- Community Name: G B Resort Condo Hotel
- Association: Yes
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Structural Information
- Architectural Style: High Rise
- Structure Type: Condo-Hotel, Condo
- Detached/Attached: Attached
- Construction: Concrete Block Construction
- Entry Floor Number: 5
- Building Size: 532
- Square Feet: 532
- Living Area: 532 Sq. Ft.
- Year Built: 2001
Lot Features
- Property View: Ocean View
- Potential Use: Unknown/Withheld
Water Features
- Water Front: Yes
- Water Front Desc.: Ocean Front
Financial Considerations
- Price Per Sq. Ft.: $1,221.8
- Association Fee: $1,629
- Assoc Fee Freq.: Monthly
- Tax Amount: $8,136
- Tax Year: 2023
- Terms: All Cash, Conventional
Disclosures and Reports
- 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
- Restrictions: Daily Rentals Allowed, No Restrictions
- Inclusions: None
- Property ID: 24-52-05-061-1150
Listed and Sold by Compass Florida, LLC.
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Schools
Schools serving 455 Grand Bay Dr #517
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Key Biscayne K-8 Center 150 West McIntyre Street, Key Biscayne, FL 33149 | PK-5 | 0.5 mi |
Ponce De Leon Middle School 5801 Augusto Street, Coral Gables, FL 33146 | 6-8 | 7.2 mi |
Coral Gables Senior High School 450 Bird Road, Coral Gables, FL 33146 | 9-12 | 7.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 455 Grand Bay Dr #517
Date
Details
Price
Change
Source
5/27/2025
Sold
$650,000
-3.7%
MLS
9/13/2024
Listed
$675,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
455 Grand Bay Dr #517, Key Biscayne, FL 33149 (MLS# A11659149) is a Condo property that was sold at $650,000 on May 27, 2025. Want to learn more about 455 Grand Bay Dr #517? Do you have questions about finding other Condo real estate for sale in Key Biscayne? You can browse all Key Biscayne real estate or contact a Coldwell Banker agent to request more information.

