+23 more
About This Unit
Just reduced! Best deal in the building! Fully furnished spacious 3 Bedroom/2 Baths with balcony and great open views of Biscayne Bay and Margaret Pace Park. The unit has two full bedrooms and a large den as a third bedroom and two full baths. Can accommodate up to four adults and two children. The Grand is a full service building with restaurants, market, stores, beauty salon, health club, 24 hours concierge, outdoor pool and Jacuzzi, marina on site. Walking distance to the art center, art and science museums. Unit faces North East. Monthly rentals allowed.
Pricing at The Grand — $468/sqft
At $468/sqft, The Grand Unit A-2548 is priced above the building's typical 3BR — premium positioning.
The Grand Unit A-2548 vs Active Listings at The Grand: This condo is +1.2% higher (+$6/more 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 67% 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 $712,449.
Based on live MIAMIRE active & closed listings at The Grand.
Time on Market — 377 days
The Grand Unit A-2548 has been on the market for 377 days.
This unit's 377 days on the market is 343 days longer than the active 3BR median of 34 days (+1008.8%).
Price History
Originally listed at $785,000. Reduced to $749,000 on Aug 5, 2025 (after 209 days on market) — -4.6% (−$36,000).
Estimated Monthly Cost
Mortgage (P&I)
$4,067
HOA
$1,250
Property Tax
$785
Total / mo
$6,102
Assumes 7.20% rate on 20% down (30-year fixed).
Tax effective rate 1.26%.
HOA $0.78/sqft · All-in $3.81/sqft / month.
Excludes wind / flood / contents insurance — verify your actual rate with a lender.
Schedule your private showing at The Grand.
Walk the unit with someone who knows this building inside out. Get pricing history, negotiation strategy, and the things the listing won't tell you.
That's (305) 337-4259 • Available 7 days a week
Recent Comparable Sales
Active 3BR Comps at The Grand
UnitListSqft$/sqftDOM
#A-2451
$715,000
1,840
$389
5
#A-3451
$850,000
1,840
$462
63
Recent Closed 3BR Sales
ClosedUnitSold$/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 Mar 2018 for $400,000 — held 8 years. They’re now asking $749,000 — +87.3% (+$349,000) vs. cost basis.
Source: most recent qualified deed on file with the Miami-Dade Property Appraiser.
Sales History
| Date | Price | Type |
|---|---|---|
| Mar 2018 | $400,000 | arm’s-length |
| Aug 2011 | $250,000 | arm’s-length |
| Feb 2006 | $529,000 | arm’s-length |
| Feb 2001 | $282,500 | arm’s-length |
| Aug 1998 | $157,500 | arm’s-length |
| Dec 1995 | $250,000 | arm’s-length |
Source: Miami-Dade Property Appraiser. County living area: 1,602 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-2548
Year Built: 1986
Stories: 42
City: Miami
Postal Code: 33132
HOA Fee: $1,250 / Monthly
View: Bay, Intracoastal View
Waterfront: Yes
Private Pool: No
Heating: None
Cooling: Central Air
Days on Market: 377
Listed: January 9, 2025
MLS #: A11718343
Location
Listing courtesy of: MLR Realty
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11718343
• Updated Jan 21, 2026
