455 GRAND BAY DR #310, Key Biscayne
$720,000 USD 1
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Address | 455 GRAND BAY DR #310, Key Biscayne |
Building Name | THE RITZ CARLTON KEY BISC |
Type of Property | Hotel / Motel |
Price | $720,000 |
Sold on | 28th April, 2025 |
Sold Price | $710,000 |
Property Status | Closed |
MLS Number | A11724451 |
Full Bathrooms Number | 1 |
Living Area | 376 |
Year Built | 2001 |
Garage Spaces Number | 1 |
Folio Number | 24-52-05-061-0640 |
Days on Market | 144 |
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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Address Information
State | Florida |
City | Key Biscayne |
County | Miami-Dade County |
Zip Code | 33149 |
Address | 455 GRAND BAY DR |
Section | 5 |
Zip Code (4 Digits) | 1900 |
Financial Information
Price | $720,000 |
Price per Foot | $0 |
Sold on | 28th April, 2025 |
Sold Price | $710,000 |
Folio Number | 24-52-05-061-0640 |
Maintenance Charge Month | $1,177 |
Association Fee Paid | Monthly |
Association Fee | $1,177 |
Tax Amount | $8,324 |
Tax Year | 2024 |
Terms of Sale | Cash |
Type of Contingencies | Pending Inspections |
Full Descriptions
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! |
Property View | Garden View, Ocean View, Water View |
Water Access | Deeded Beach Access, Unrestricted Salt Water Access |
Waterfront Description | Ocean Front |
Floor Description | Carpet, Marble |
Interior Features | Elevator, Fire Sprinklers |
Exterior Features | Open Balcony, Tennis Court (s) |
Furnished Information | Furnished |
Equipment Appliances | Microwave, Electric Range |
Amenities | Bar, Business Center, Cabana, Clubhouse-Clubroom, Elevator (s), Exercise Room, Exterior Lighting, Heated Pool, Other, Pool, Sauna, Spa / Hot |
Cooling Description | Ceiling Fan (s), Central Air |
Heating Description | Central |
Parking Description | 1 Space |
Pet Restrictions | Restrictions Or Possible Restrictions |
Property parameters
Full Baths Number | 1 |
Balcony Includes | 1 |
Living Area | 376 |
Year Built | 2001 |
Type of Property | Hotel / Motel |
Building Name | THE RITZ CARLTON KEY BISC |
Development Name | G B RESORT CONDO HOTEL |
Construction Type | CBS Construction |
Garage Spaces Number | 1 |
Listed with | Innovative Realty, LLC |