Luxurious Studio at THE RITZ-CARLTON KEY BISCAYNE – Prime Investment Opportunity! Own a stunning 3rd-floor studio in the 5-star RITZ-CARLTON KEY BISCAYNE, generating over $120,000 in gross annual revenue through short-term rentals. This unit offers PARTIAL

455 GRAND BAY DR #310, Key Biscayne

$720,000 USD 1
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Address455 GRAND BAY DR #310, Key Biscayne
Building NameTHE RITZ CARLTON KEY BISC
Type of PropertyHotel / Motel
Price$720,000
Sold on28th April, 2025
Sold Price$710,000
Property StatusClosed
MLS NumberA11724451
Full Bathrooms Number1
Living Area376
Year Built2001
Garage Spaces Number1
Folio Number24-52-05-061-0640
Days on Market144

Detailed Description: Luxurious Studio at THE RITZ-CARLTON KEY BISCAYNE – Prime Investment Opportunity! Own a stunning 3rd-floor studio in the 5-star RITZ-CARLTON KEY BISCAYNE, generating over $120,000 in gross annual revenue through short-term rentals. This unit offers PARTIAL OCEAN VIEWS, high-end finishes, two custom-sized beds, a kitchenette, and a private balcony. Guests enjoy access to world-class amenities: two pools, 11 tennis courts, a 25,000-square-foot spa, four dining options, and concierge services. Complimentary assigned parking is included. Perfect for investors and luxury seekers, this property combines a strong income stream with the prestige of Ritz-Carlton living. Schedule your showing today!

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Waterfront
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$720,000
Price per Foot$0
Sold on28th April, 2025
Sold Price$710,000
Folio Number24-52-05-061-0640
Maintenance Charge Month$1,177
Association Fee PaidMonthly
Association Fee$1,177
Tax Amount$8,324
Tax Year2024
Terms of SaleCash
Type of ContingenciesPending Inspections
Full Descriptions
Detailed DescriptionLuxurious Studio at THE RITZ-CARLTON KEY BISCAYNE – Prime Investment Opportunity! Own a stunning 3rd-floor studio in the 5-star RITZ-CARLTON KEY BISCAYNE, generating over $120,000 in gross annual revenue through short-term rentals. This unit offers PARTIAL OCEAN VIEWS, high-end finishes, two custom-sized beds, a kitchenette, and a private balcony. Guests enjoy access to world-class amenities: two pools, 11 tennis courts, a 25,000-square-foot spa, four dining options, and concierge services. Complimentary assigned parking is included. Perfect for investors and luxury seekers, this property combines a strong income stream with the prestige of Ritz-Carlton living. Schedule your showing today!
Property ViewGarden View, Ocean View, Water View
Water AccessDeeded Beach Access, Unrestricted Salt Water Access
Waterfront DescriptionOcean Front
Floor DescriptionCarpet, Marble
Interior FeaturesElevator, Fire Sprinklers
Exterior FeaturesOpen Balcony, Tennis Court (s)
Furnished InformationFurnished
Equipment AppliancesMicrowave, Electric Range
AmenitiesBar, Business Center, Cabana, Clubhouse-Clubroom, Elevator (s), Exercise Room, Exterior Lighting, Heated Pool, Other, Pool, Sauna, Spa / Hot
Cooling DescriptionCeiling Fan (s), Central Air
Heating DescriptionCentral
Parking Description1 Space
Pet RestrictionsRestrictions Or Possible Restrictions
Property parameters
Full Baths Number1
Balcony Includes1
Living Area376
Year Built2001
Type of PropertyHotel / Motel
Building NameTHE RITZ CARLTON KEY BISC
Development NameG B RESORT CONDO HOTEL
Construction TypeCBS Construction
Garage Spaces Number1
Listed withInnovative Realty, LLC