HomeCondos for SaleThe GrandUnit A-2451
1717 Bayshore Dr, Unit A-2451
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+32 more
$715K

The Grand Unit A-2451

1717 Bayshore Dr, Unit A-2451 • Miami, FL 33132

at The Grand

Beds
3
Baths
3
Living Area
1,840 SF
Price / SF
$389
HOA / Monthly
$1,341
Days on Market
5
Insider Price

About This Unit

Welcome to The Grand on Bayshore Drive. This stunning corner residence on the 24th floor offers over 1,840 square feet of living space, featuring breathtaking bay views and a spacious balcony overlooking Margaret Pace Park and Miami Beach. Originally designed as a 3-bedroom, 3-bathroom unit, the layout has been thoughtfully modified to create a luxurious formal dining room—easily convertible back into a third bedroom if desired. The residence is equipped with impact windows and doors throughout, and the kitchen was tastefully updated approximately 10+ years ago. Custom marble flooring through out, generous floor plans with open living room and formal dining room all with great views. The primary suite is a true retreat, complete with a comfortable sitting area and a spa-like on-suite bathroom designed for relaxation. The Grand is a highly sought-after building that allows short-term rentals, making it ideal for both end users and investors. Residents enjoy resort-style, 5-star amenities including a pool, state-of-the-art fitness center, retail shops, five on-site restaurants, and 24/7 valet service. Perfectly located just minutes from Miami Beach, Wynwood, Downtown Miami, and Miami International Airport, this property offers the ultimate in convenience, lifestyle, and investment potential. See attachment for the Floor Plan

Pricing at The Grand — $389/sqft
At $389/sqft, The Grand Unit A-2451 is priced at the low end of the building — only 0% of active 3BRs ask less per sqft.
The Grand Unit A-2451 vs Active Listings at The Grand: This condo is -15.9% lower ($73/less per sqft) than the building's active 3BR median of $462/sqft, based on 3 active 3BRs.
Rank: This unit's $/sqft is higher than 0% of currently-active 3BR units at The Grand (sample of 3).
Insider Negotiation Strategy: 3BR units at The Grand typically close at 95.1% of asking. At that ratio, this unit could plausibly trade around $680,108.
Based on live MIAMIRE active & closed listings at The Grand.
Time on Market — 5 days
The Grand Unit A-2451 has been on the market for 5 days.
This unit's 5 days on the market is 29 days shorter than the active 3BR median of 34 days (-85.3%).
Estimated Monthly Cost
Mortgage (P&I)
$3,883
HOA
$1,341
Property Tax
$370
Total / mo
$5,594
Assumes 7.20% rate on 20% down (30-year fixed). Tax effective rate 0.62%. HOA $0.73/sqft · All-in $3.04/sqft / month. Excludes wind / flood / contents insurance — verify your actual rate with a lender.

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Recent Comparable Sales

Active 3BR Comps at The Grand

UnitListSqft$/sqftDOM
#A-3451 $850,000 1,840 $462 63
#A-2548 $749,000 1,602 $468 377

Recent Closed 3BR Sales

ClosedUnitSold$/sqftvs List
2026-01-06 #A-2751 $690,000 $375 94.5%
Comps are limited to the same bedroom count. Sold prices reflect what closed buyers actually paid.
Insider Notes from Ricky
  • The Grand Condominium is a 42-story high-rise at 1717 Bayshore Dr, Miami, FL 33132, built 1986. Currently 9 active listings on the market, with active asking prices ranging up to $895K.
  • Neighborhood: Downtown Miami. Downtown Miami covers Park West, Worldcenter, and Bayfront -- north of the Miami River, currently in the middle of a master-planned redevelopment that's reshaping the neighborhood through 2028. Lower density than Brickell, bayfront access, and Metromover (free) connecting the district to Brickell.
  • Buyer profile here: Buyers willing to wait for the neighborhood to fill in -- tradeoff is lower price for the same building tier vs. Brickell.
  • Built 1986 (now 40 years old) -- past Florida's 25-year structural recertification trigger.
  • Mid-tier condo inventory ranging up to $895K.
  • At 42 stories, The Grand Condominium is among the taller residential structures in Downtown Miami -- high-floor units typically command pricing premiums for unobstructed views.
  • Compared anchor: Compared to Brickell (built-out financial district), Downtown is the bet on the next 4 years -- newer construction, 15-30% lower per square foot for similar building quality, less walkable today, more transformation per month.
  • Rental rules vary per association in this market -- most Miami-Dade condos require 6 or 12-month minimum leases. Verify per-association before assuming Airbnb potential.
  • Pre-offer diligence: Building selection matters more than neighborhood selection here. Look at construction completion timelines for adjacent Worldcenter projects -- they directly affect resale timing.
  • Ricky has worked the Downtown Miami market for years and can pull HOA documents, recent comps, and reserve study status on any unit you're considering. Text (305) 33-RICKY -- that's (305) 337-4259 -- for a same-week walk-through.
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.
Special Assessments: 4 of the 10 active listings populate this field; the rest are blank. All report NO special assessment.
Building Age: Built in 1986 (40 years old) — past Florida's 40-year recertification trigger; verify milestone status.
Ricky will verify all of the above with the HOA before closing.
💰 Current Owner's Cost Basis
The current owner bought this unit Sep 1990 for $139,000 — held 36 years. They’re now asking $715,000+414.4% (+$576,000) vs. cost basis.
Source: most recent qualified deed on file with the Miami-Dade Property Appraiser.
🏛 Property Tax Reset
The current owner pays approximately $5,469/yr in property tax thanks to a $299,132 Save Our Homes assessment cap (Florida shelters long-time owners from market-value increases). On purchase, your assessment resets to full market value — expect roughly $11,452/yr, about 2.1× the current owner’s bill. Estimate uses Miami-Dade’s ~2% effective millage; your actual bill depends on the millage in the year you close and any homestead exemption you may qualify for.
Sales History
Date Price Type
Sep 1990 $139,000 arm’s-length
Source: Miami-Dade Property Appraiser. County living area: 1,840 sqft.
Building Activity
10 active listings · 13 closed in last 9mo (1.4/mo pace) → ~6.9 months of supply.
Lifestyle & Rules: Pets allowed (verify size/breed restrictions) · 30-day minimum lease · up to 12 leases per year · $100 application fee · 1-2 weeks approval.
Building: The Grand
Unit: A-2451
Year Built: 1986
Stories: 42
City: Miami
Postal Code: 33132
HOA Fee: $1,341 / Monthly
View: Bay, Intracoastal View, Skyline
Waterfront: Yes
Private Pool: No
Heating: Central, Electric
Cooling: Central Air, Electric
Days on Market: 5
Listed: April 6, 2026
MLS #: A11995544

Location

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Text or Call (305) 33-RICKY
That's (305) 337-4259
Email About This Unit
Listing courtesy of: Douglas Elliman
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11995544 • Updated Apr 19, 2026
Ricky Garcia Miami Realtor
Your Miami Insider

Ready to Make an Offer?

Ricky Garcia  |  Global Luxury Realty  |  License #3521781

Ricky has closed deals at The Grand. He knows the HOA, the best floors, and which units to avoid. Get a free no-pressure market analysis before you make any offer.

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