Building profile

Key Biscayne · Miami area

Available now

3 for sale · 2 for rent

View all current listings for this building

For sale

3 active MLS listings, ordered by asking price.

Unit; Price; Beds; Baths; Sq ft; $/sq ft; Days on market

Active listings: 3

Median asking price / sq. ft.: $1,755/sq. ft.

Asking price range: $3,950,000–$18,900,000

Published HOA range: $3,888/mo

3 active for sale listings are reflected in this snapshot. The current price position is $3,950,000–$18,900,000, with a median asking value of $1,755 per square foot. Published HOA figures are $3,888/mo.

For rent

2 active MLS listings, ordered by asking price.

Active listings: 2

Median monthly rent / sq. ft.: $6 per sq ft per month

Monthly asking price range: $10,000/mo–$19,900/mo

Published HOA range: Not published in current listings

2 active for rent listings are reflected in this snapshot. The current price position is $10,000/mo–$19,900/mo, with a median asking value of $6 per sq ft per month. Monthly figures are not compared with purchase prices.

Building details

Developer: M. Margulies Development

Architect: CFE Architects

Amenities & services

Residential pools

Tennis courts

Assigned parking

Valet parking

Residence details

Market snapshot

As of November 7, 2026, Grand Bay Residences Miami has 3 condos for sale from $3,950,000 to $18,900,000, with a median asking price of $12,990,000. 2 condos for rent from $10,000 to $19,900/mo, with a median asking rent of $14,950/mo. Median reported HOA is $3,888/mo. In the last 12 months, 2 MLS sales closed. Median closed price per square foot: Not enough sales. How our data works

A current snapshot based only on active MLS listings matched to this building. Sale and rental figures are shown separately because their pricing is not comparable.

Updated November 7, 2026

Grand Bay Residences Miami Condos for Sale & Rent

445 Grand Bay Drive, Key Biscayne, FL, 33149

Grand Bay Residences condominiums in Key Biscayne, Miami.

Photo: CFE Architects · Official building website

Grand Bay Residences is a condominium in Key Biscayne, Miami. Browse current residences, amenities, and neighborhood information for this building.

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Quick facts

DBPR condominium units: 138Source: Florida DBPR — Condominiums by County (project Units) · Checked November 2, 2026

Median closed $/sq ft (12 months): Not enough sales (2 sales)

Year built: 1996

Floors: 14

Pending

1 unit is pending (under contract): 418.

Market data

Closed sales, 12 months: 2

Median closed $/sq ft: Not enough sales

Median days on market: Not enough sales

Median sale-to-list ratio: Not enough sales

Active inventory and market data

Closed sales, 24 months: 5

Active for sale: 3

Pending / under contract: 1

Months of supply: 18 months

Median days on market — active for-sale listings: 26 days

Closed-sale medians — 24 months

Median closed $/sq ft, 24 months: Not enough sales

Median closed price, 24 months: Not enough sales

Median closed-sale days on market, 24 months: Not enough sales

Median sale-to-list ratio, 24 months: Not enough sales

Building gallery

Building location

Building records

Flood zone: AESource: FEMA National Flood Hazard Layer — effective Flood Hazard Zones · Checked November 2, 2026

Hurricane evacuation zone: ASource: Miami-Dade County — Hurricane Evacuation Zone / Storm Surge Planning Zone · Checked November 2, 2026

Year built: 1996Source: Miami-Dade Property Appraiser — official current residential parcel · Checked November 2, 2026

Milestone / 40–50 year recertification: Not yet checkedSource: Local building department · Not yet checked

FHA project approval: Not found in public records as of November 2, 2026Source: HUD FHA Condominium Project Approval List (HRAP/DELRAP; all statuses) · Checked November 2, 2026

VA project approval: Not found in public records as of November 2, 2026Source: U.S. Department of Veterans Affairs — LGY Hub Condominium Report · Checked November 2, 2026

DBPR association registration: Association: GRAND BAY RESIDENCES CONDO ASSOC., INC. · Project PR1U023313 · Project status: Approved / RecordedSource: Florida DBPR — published condominium project registration · Checked November 2, 2026DBPR reports condominium-project units; these may differ from residential-only or physical-building totals.

Rental rules reported in listings: Pets: Conditional,CatsOk,DogsOk,Yes most frequently reported; reported values: Conditional,CatsOk,DogsOk,Yes · Conditional,DogsOk,Yes · Conditional,No · Conditional,Yes · SizeLimit,Yes. As reported in 5 active listingsSource: Active Miami MLS listings · Checked November 7, 2026Sample: 5

Special assessments reported in listings: Not yet checkedSource: Active Miami MLS listings · Not yet checked

HOA per sq ft: $1.20 per sq ft per month · n=1Source: Active Miami MLS listings · Checked November 7, 2026Sample: 1