Grand Bay Residences Cond
Condos for Sale in Key Biscayne, FL

Grand Bay Residences sits at the high end of the Miami-Dade condo market, with pricing and per-square-foot values that reflect a small, closely watched pool of listings rather than high-volume turnover.

MIAMI REALTORS sales records identify 20 homes in GRAND BAY RESIDENCES COND that have changed hands since 2018, built between 1996 and 1997 (median 1996), with a median living area of about 3,290 sq ft and a typical 3-bedroom, 4.5-bath layout; 100% are condominiums. Source: MIAMI REALTORS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Grand Bay Residences Cond is too small for its own price trend, so here is the market around it.

In ZIP 33149, 158 homes are on the market and 15% are under contract — a slower corner of Key Biscayne.

Across Miami-Dade County, 15,314 homes are active and 3,367 pending (18% under contract).

In ZIP 33149, 134 homes closed in the last 12 months at a median of $1.49M ($921/sq ft), up 18.0% year over year, with a median 77 days on market. Right now 61 active and 13 pending listings — a buyer's market. See the live ZIP 33149 housing market and the Miami-Dade County market.

ZIP and county figures describe the wider market, not Grand Bay Residences Cond specifically. Momentum Research analysis of MLS records.

A median price of $2,730,000 against a median per-square-foot figure near $932 tells you this is a market where unit size, layout, and orientation drive value more than any single blanket price tag. Two units at the same square footage can land in very different places depending on renovation state and view.

The 47-day median days-on-market, paired with a closings count of just three in this window, means every transaction here is effectively its own data point. That is normal for a building at this price level, but it also means sellers should not expect the kind of rapid, comp-driven pricing pressure you would see in a high-volume segment — and buyers should not assume urgency where none exists. Current MLS listings do not identify specific community amenities, so any building-specific features should be confirmed directly rather than assumed from market data.

In a market this thin — three closings in the window — the comps you use to set or negotiate a price matter more than usual. We work from the actual transaction data for this building, not broad neighborhood averages, and we tell clients directly when the sample size means a number needs to be treated as a range, not a guarantee.

Listings in this community report association dues of about $2,225 per month ($26,700 a year) — the median AssociationFee across 4 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-10.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.