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445 Grand Bay Dr, Unit 1001
+49 more
$9.9M

Grand Bay Residences Unit 1001

445 Grand Bay Dr, Unit 1001 • Key Biscayne, FL 33149

at Grand Bay Residences

Beds
5
Baths
6
Living Area
4,810 SF
Price / SF
$2,058
HOA / Monthly
$7,046
Days on Market
181

About This Unit

Spectacular High-Floor Residence. Experience elevated coastal living in this stunning 5 beds, 4.5 baths residence, ideally positioned on a high floor of the exclusive Grand Bay. This expansive unit also features a dedicated media room, inviting family room & a separate exercise room, offering the perfect balance of luxury, comfort, and functionality. Enjoy breathtaking, unobstructed views of the Atlantic Ocean & Biscayne Bay from multiple private balconies. The home is exquisitely finished with custom built-in millwork, elegant marble flooring & designer lighting throughout, creating an atmosphere of timeless sophistication. Perfect for entertaining or serene relaxation, the thoughtfully designed layout blends indoor & outdoor living seamlessly. 3 additional parking space SOLD seperately

Pricing at Grand Bay Residences — $2,058/sqft
Grand Bay Residences Unit 1001 is listed at $2,058/sqft.
Building-level comparison data is thin for this bedroom count — see Recent Comparable Sales below.
Based on live MIAMIRE active & closed listings at Grand Bay Residences.
Time on Market — 181 days
Grand Bay Residences Unit 1001 has been on the market for 181 days.
Building-level pace data is thin for this bedroom count.
Price History
Originally listed at $10,500,000. Reduced to $9,900,000 on Apr 14, 2026 (after 182 days on market) — -5.7% (−$600,000).
Estimated Monthly Cost
Mortgage (P&I)
$53,760
HOA
$7,046
Property Tax
$7,332
Total / mo
$68,138
Assumes 7.20% rate on 20% down (30-year fixed). Tax effective rate 0.89%. HOA $1.46/sqft · All-in $14.17/sqft / month. Excludes wind / flood / contents insurance — verify your actual rate with a lender.

Schedule your private showing at Grand Bay Residences.

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That's (305) 337-4259 • Available 7 days a week
What to Verify
Flood Zone: This unit is in flood zone AE. High-risk flood zone (Special Flood Hazard Area). Federal flood insurance required for federally-backed mortgages.
Building Age: Built in 1996 (30 years old) — approaching Florida's 30-year recertification trigger.
Verify all of the above with the HOA before closing.
Unit: 1001
Year Built: 1996
Stories: 13
City: Key Biscayne
Postal Code: 33149
HOA Fee: $7,046 / Monthly
View: Direct Ocean, Other View, Water View
Waterfront: Yes
Private Pool: No
Heating: Electric
Cooling: Electric
Days on Market: 181
Listed: October 15, 2025
MLS #: A11896664

Location

Tour with Ricky

Schedule your private showing. Get pricing history, negotiation strategy, and the things the listing won't tell you.

Text or Call (305) 33-RICKY
That's (305) 337-4259
Email About This Unit
Ricky Garcia
Ricky Garcia
Ricky J. Garcia LLC
Licensed with Global Luxury Realty
Listing courtesy of: BHHS EWM Realty
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11896664 • Updated Apr 14, 2026 • Photos uploaded 195 days ago — check listing for current condition.