RITZ Carlton, Key Biscayne – Fully remodeled Master suite – Professionally managed – Generates in vacation rental + 80k $/ per year and 10% + Net return. 60K $from June to August alone and 91.5% occupancy. Key Biscayne is an island, one of the most prestigio

455 GRAND BAY DR #517, Key Biscayne

$675,000 USD 1
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Address455 GRAND BAY DR #517, Key Biscayne
Building NameG B RESORT CONDO HOTEL
Type of PropertyCondominium
Price$675,000
Sold on5th June, 2025
Sold Price$650,000
Property StatusClosed
MLS NumberA11659149
Full Bathrooms Number1
Living Area532
Year Built2001
Garage Spaces Number1
Folio Number24-52-05-061-1150
Days on Market266

Detailed Description: RITZ Carlton, Key Biscayne – Fully remodeled Master suite – Professionally managed – Generates in vacation rental + 80k $/ per year and 10% + Net return. 60K $from June to August alone and 91.5% occupancy. Key Biscayne is an island, one of the most prestigious address in the USA. The Ritz Carlton is the only prestigious hotel on this heavenly Luxury and luxuriant island in Miami. All 5-STAR Hotel amenities, utilities and room service included in HOA Luxurious spa and huge fitness center, 2 amazing oceanfront pools (Adults and Kids), jacuzzi, 3 restaurants, tennis court, beach service, kids programs, hair salon

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Pets Allowed

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Address Information
StateFlorida
CityKey Biscayne
CountyMiami-Dade County
Zip Code33149
Address455 GRAND BAY DR
Section5
Zip Code (4 Digits)1900
Financial Information
Price$675,000
Price per Foot$0
Sold on5th June, 2025
Sold Price$650,000
Folio Number24-52-05-061-1150
Maintenance Charge Month$1,629
Association Fee PaidMonthly
Association Fee$1,629
Tax Amount$8,136
Tax Year2023
Terms of SaleCash
Full Descriptions
Detailed DescriptionRITZ Carlton, Key Biscayne – Fully remodeled Master suite – Professionally managed – Generates in vacation rental + 80k $/ per year and 10% + Net return. 60K $from June to August alone and 91.5% occupancy. Key Biscayne is an island, one of the most prestigious address in the USA. The Ritz Carlton is the only prestigious hotel on this heavenly Luxury and luxuriant island in Miami. All 5-STAR Hotel amenities, utilities and room service included in HOA Luxurious spa and huge fitness center, 2 amazing oceanfront pools (Adults and Kids), jacuzzi, 3 restaurants, tennis court, beach service, kids programs, hair salon
Property ViewOcean View
Water AccessNone
Waterfront DescriptionOcean Front
Floor DescriptionCarpet, Marble
Interior FeaturesFirst Floor Entry
Exterior FeaturesBarbeque, Open Balcony, Tennis Court (s)
Furnished InformationUnfurnished
Equipment AppliancesElectric Water Heater
AmenitiesBusiness Center
Cooling DescriptionCentral Air, Electric
Heating DescriptionCentral, Electric
Parking Description1 Space
Pet RestrictionsRestrictions Or Possible Restrictions
Property parameters
Full Baths Number1
Balcony Includes1
Living Area532
Year Built2001
Type of PropertyCondominium
Building NameG B RESORT CONDO HOTEL
Development NameG B RESORT CONDO HOTEL
Construction TypeConcrete Block Construction
Garage Spaces Number1
Listed withCompass Florida, LLC.