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About This Unit
PENTHOUSE unit with a large balcony overlooking panoramic views of Biscayne Bay, Port of Miami, and the Miami skyline. Excellent floor plan, two bedrooms, and a converted third bedroom/den/office. Huge kitchen with high-end appliances, quartz counters, and Porcelain flooring throughout the unit. Exceptional modern and light interior. EVERYTHING in this unit is brand new. Amazing amenities, restaurants, convenience store, pharmacy, Doctor`s office, beauty salon, marina, and more. Perfectly centralized and minutes from Downtown Miami, Brickell, the Design District, Wynwood, Lincoln Road, Port of Miami, and Sobe…Steps from the Performing Art Center, the Entertainment District, and the Venetian Isles.
Pricing at The Grand — $568/sqft
At $568/sqft, The Grand Unit B-4141 is priced near the building's median — solidly mid-market for this floor plan.
The Grand Unit B-4141 vs Active Listings at The Grand: This condo is +0.0% higher (+$0/more per sqft) than the building's active 2BR median of $568/sqft, based on 5 active 2BRs.
The Grand Unit B-4141 vs Recent Sold Listings at The Grand: This unit is +17.6% higher (+$85/more per sqft) than recent 2BR sales (median $483/sqft, based on 3 sales over 9 months).
Rank: This unit's $/sqft is higher than 40% of currently-active 2BR units at The Grand (sample of 5).
Insider Negotiation Strategy: 2BR units at The Grand typically close at 96.3% of asking. At that ratio, this unit could plausibly trade around $818,125.
Based on live MIAMIRE active & closed listings at The Grand.
Time on Market — 4 days
The Grand Unit B-4141 is fresh to market — limited negotiating leverage at this stage.
This unit's 4 days on the market is 65 days shorter than the active 2BR median of 69 days (-94.2%).
Recent 2BR sales at The Grand typically went under contract in 267 days (based on 3 sales over 9 months).
Inventory position: 0th percentile for 2BRs currently active at this building.
Estimated Monthly Cost
Mortgage (P&I)
$4,616
HOA
$1,100
Property Tax
$859
Total / mo
$6,575
Assumes 7.20% rate on 20% down (30-year fixed).
Tax effective rate 1.21%.
HOA $0.74/sqft · All-in $4.39/sqft / month.
Excludes wind / flood / contents insurance — verify your actual rate with a lender.
Schedule your private showing at The Grand.
Walk the unit with someone who knows this building inside out. Get pricing history, negotiation strategy, and the things the listing won't tell you.
That's (305) 337-4259 • Available 7 days a week
Recent Comparable Sales
Active 2BR Comps at The Grand
UnitListSqft$/sqftDOM
#A-2635
$750,000
1,464
$512
298
#A-3354
$824,000
1,509
$546
55
#A-1734
$994,500
1,717
$579
145
#A-3755
$895,000
1,509
$593
69
Recent Closed 2BR Sales
ClosedUnitSold$/sqftvs List
2026-03-31
#A-1231
$825,000
$483
97.1%
2026-03-31
#A-3455
$745,000
$494
96.3%
2026-01-12
#A-2131
$700,000
$410
96.0%
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 Apr 2008 for $10,200 — held 18 years. They’re now asking $850,000 — +8233.3% (+$839,800) vs. cost basis.
Source: most recent qualified deed on file with the Miami-Dade Property Appraiser.
Sales History
| Date | Price | Type |
|---|---|---|
| Apr 2008 | $10,200 | arm’s-length |
| May 2006 | $675,000 | arm’s-length |
| Jun 2005 | $650,000 | arm’s-length |
| Mar 1994 | $250,000 | arm’s-length |
| Jan 1992 | $187,900 | arm’s-length |
| Nov 1990 | $22,750,000 | arm’s-length |
Source: Miami-Dade Property Appraiser. County living area: 1,496 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: B-4141
Year Built: 1986
Stories: 42
City: Miami
Postal Code: 33132
HOA Fee: $1,100 / Monthly
View: Bay, Pool Area View, Water View
Waterfront: Yes
Private Pool: No
Heating: Central
Cooling: Central Air
Days on Market: 4
Listed: January 2, 2026
MLS #: A11937890
Location
Listing courtesy of: London Foster Realty
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11937890
• Updated Jan 7, 2026
