+21 more
About This Unit
Experience Miami living at The Grand in this spacious 1-bed, 1.5-bath condo showcasing sweeping city and bay views from an expansive balcony. Enjoy resort-style amenities including a pool, state-of-the-art fitness center, on-site dining and shopping, and 24-hour concierge and security. Perfectly situated in the vibrant Arts & Entertainment District, you’re moments from world-class museums, theaters, and sports arenas. Ideal as a primary residence or investment: the building permits 30-day rentals up to 12 times per year, 1 parking space included.
Pricing at The Grand — $439/sqft
The Grand Unit A-3042 is listed at $439/sqft.
The Grand Unit A-3042 vs Active Listings at The Grand: This condo is -2.3% lower ($10/less per sqft) than the building's active 1BR median of $449/sqft, based on 2 active 1BRs.
The Grand Unit A-3042 vs Recent Sold Listings at The Grand: This unit is +12.2% higher (+$48/more per sqft) than recent 1BR sales (median $391/sqft, based on 9 sales over 9 months).
Insider Negotiation Strategy: 1BR units at The Grand typically close at 95.1% of asking. At that ratio, this unit could plausibly trade around $456,576.
Based on live MIAMIRE active & closed listings at The Grand.
Time on Market — 237 days
The Grand Unit A-3042 has been on the market for 237 days.
This unit's 237 days on the market is 39 days longer than the active 1BR median of 198 days (+19.7%).
Recent 1BR sales at The Grand typically went under contract in 98 days (based on 9 sales over 9 months).
Price History
Originally listed at $495,000. Reduced to $480,000 on May 4, 2026 (after 238 days on market) — -3.0% (−$15,000).
Estimated Monthly Cost
Mortgage (P&I)
$2,607
HOA
$836
Property Tax
$551
Total / mo
$3,994
Assumes 7.20% rate on 20% down (30-year fixed).
Tax effective rate 1.38%.
HOA $0.76/sqft · All-in $3.65/sqft / month.
Excludes wind / flood / contents insurance — verify your actual rate with a lender.
Schedule your private showing at The Grand.
Walk the unit with someone who knows this building inside out. Get pricing history, negotiation strategy, and the things the listing won't tell you.
That's (305) 337-4259 • Available 7 days a week
Recent Comparable Sales
Active 1BR Comps at The Grand
UnitListSqft$/sqftDOM
#A-3144
$475,000
1,067
$445
276
Recent Closed 1BR Sales
ClosedUnitSold$/sqftvs List
2026-04-21
#A-1439
$410,000
$385
96.5%
2026-04-15
#A-2637
$555,000
$530
94.9%
2026-03-06
#A-1953
$377,500
$379
78.8%
2026-01-12
#A-2638
$445,000
$417
95.7%
2025-11-13
#A-3752
$395,000
$401
92.1%
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 Nov 2000 for $120,000 — held 26 years. They’re now asking $480,000 — +300.0% (+$360,000) vs. cost basis.
Source: most recent qualified deed on file with the Miami-Dade Property Appraiser.
Sales History
| Date | Price | Type |
|---|---|---|
| Nov 2000 | $120,000 | arm’s-length |
| Nov 1990 | $22,750,000 | arm’s-length |
Source: Miami-Dade Property Appraiser. County living area: 1,094 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-3042
Year Built: 1986
Stories: 42
City: Miami
Postal Code: 33132
HOA Fee: $836 / Monthly
View: Bay
Waterfront: Yes
Private Pool: No
Heating: Central
Cooling: Electric
Days on Market: 237
Listed: September 9, 2025
MLS #: A11875325
Location
Listing courtesy of: Compass Florida, LLC.
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11875325
• Updated May 4, 2026
