Grand Bay Residences
Condos for Sale in Key Biscayne, FL
True comps, carrying-cost math, and listings before the portals.
Photo via MIAMI MLS
As of November 2026, Grand Bay Residences Cond in FL has 3 homes for sale. Homes listed or recently sold were built 1996–1997.
Part of the Grand Bay master-planned community in Doral, FL — see all Grand Bay homes for sale (45 listings across 14 villages and sections in the MLS).
Last 30 days in Grand Bay Residences: 2 new listings (median asking $8,470,000), 1 under contract right now. As of November 11, 2026, Listing information provided by the Southeast Florida MLS (SEFMLS) / MIAMI Association of REALTORS(R). Information is deemed reliable but not guaranteed by the MLS to be accurate.
Homes For Sale Right Now in Grand Bay Residences Condo
Live MLS inventory for Grand Bay Residences Condo. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active · 180 daysTop listing
Active · 0 days
Active · 26 daysActive and pending Grand Bay Residences Condo listings as of 2026-11-12, priced high to low. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R). Tap any home to ask about it.
Grand Bay Residences trades at a median price of $2,730,000 with a median of $932.20 per square foot, pricing that puts it firmly in the upper tier of Miami-Dade condo product. At this price point, the per-square-foot figure is doing most of the talking — buyers here are paying for finish level, floor plan, and view corridor as much as raw square footage.
With only three closings in the current window, this is a thin-trading market by definition, and the 47-day median days-on-market should be read as a signal of a deliberate, negotiated process rather than a fast-moving list-and-sell environment. Pricing a unit here takes a comparable-by-comparable approach, not a formula.
Figures in this note are as of July 22, 2026. The live market numbers elsewhere on this page update nightly and are newer.
The 60-Second Overview
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.
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.
The setting & the homes.
Aerial and on-site photos of Grand Bay Residences Condo. Swipe to explore the community.
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Grand Bay Residences CondoPhotos from MIAMI MLS listings in Grand Bay Residences Condo; content deemed reliable but not guaranteed.
Who Grand Bay Residences Condo is best for.
Best for
- Buyers with a budget aligned to a median near $2.73M who are focused on unit-level detail over neighborhood-wide averages
- Buyers comfortable with a longer, negotiated process reflected in a 47-day median days-on-market
- Buyers who want per-square-foot pricing data — near $932 — as a starting point for their own unit-specific evaluation
Probably not for
- Buyers expecting a large active inventory to compare against, given only three closings in this window
- Buyers who need documented building amenities before making an offer, since current MLS listings do not identify them
- Buyers looking for a fast-turnaround flip market rather than a deliberate, comp-by-comp purchase
The market around Grand Bay Residences Condo
Grand Bay Residences Condo is too small for its own price trend, so here is the market around it.
Across Miami-Dade County, 14,507 homes are active and 2,241 pending (13% under contract).
ZIP and county figures describe the wider market, not Grand Bay Residences Condo specifically. Momentum Research analysis of MLS records.
The Grand Bay Residences Condo buying strategy.
If we were buying in Grand Bay Residences Condo today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Grand Bay Residences Condo.
What the numbers actually say
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.
The location and the amenities are priced into every listing in Grand Bay Residences Condo. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
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.
Grand Bay Residences Condo in 15 seconds.
Tools for a Grand Bay Residences Condo buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Grand Bay Residences Condo sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Grand Bay Residences Condo, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Grand Bay Residences Condo home worth?
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Should you buy in Grand Bay Residences Condo?
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Data sources & freshness
| Live listings | MIAMI MLS, refreshed twice daily (last: November 12, 2026) |
| Under-contract shares | MIAMI MLS records, as of 2026-11-10 |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of MIAMI MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Recent Developments in Grand Bay Residences Cond
Development, infrastructure, retail, and school activity affecting Grand Bay Residences Cond, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.
- October 2026Market
Miami-Dade retail construction pipeline reaches 1.3M SF, highest since early 2023
Colliers data for Q3 2026 show 1.3M SF under construction across 17 developments, double the year-earlier level. Direct vacancy was 3% and triple-net asking rents hit a record $44.34 per SF. Projects include Palm Springs Square in Miami Gardens (Publix signed) and Doral Atrium, which is 95% leased with a Walmart Neighborhood Market.
What it may mean for the marketMore grocery-anchored and neighborhood retail is coming to Miami Gardens and Doral, while tight vacancy and record rents point to limited available storefront space. The site is about 10 miles southeast of Grand Bay Residences Cond.
Source: Bisnow - October 2026Infrastructure
Ross and Soffer drop plans for Miami International Airport hotel after FAA rejection
The developers abandoned a 451-room Westin-branded hotel on a 1.8-acre airport site after the FAA said the design created a radar blind spot, and a shorter redesign was also rejected. The county plans to end the 50-year ground lease within about a month and speed up a new request for proposals.
What it may mean for the marketA new proposal round could still bring the airport's first new hotel in over 60 years, but the timing of on-site lodging and jobs is now uncertain. The site is about 5 miles south of Grand Bay Residences Cond.
Source: Bisnow - September 2026Market
Lenders file foreclosure suit over Metro Parc South in Hialeah
Scale Lending filed suit on September 22 alleging default on $31.1 million in construction loans for MG Developer's planned 10-story, 347-unit third phase of Metro Center near East 24th and 25th streets. The project had a $105 million financing package, and the developer says it is in good-faith talks with lenders.
What it may mean for the marketThe dispute puts the timing of 347 planned Hialeah apartments in question, which could affect near-term rental supply. The site is about 2 miles southeast of Grand Bay Residences Cond.
Source: Hoodline - September 2026Infrastructure
Unsolicited bid to build a North Dade rail line is under county study
The county is reviewing an unsolicited proposal for a 10-mile rapid transit line along NW 27th Avenue from the NW 62nd Street Metrorail station to NW 215th Street, near the Broward line. State estimates for heavy rail on the corridor reached $4.2 billion in April, and the line is unfunded. FDOT is waiting for the county to accept or reject the proposal.
What it may mean for the marketIf advanced, the line would extend rail access along the NW 27th Avenue corridor, but funding and mode remain undecided. The site is about 5 miles northeast of Grand Bay Residences Cond.
Source: Miami Today - September 2026Civic
Miami-Dade commissioners adopt $14.26 billion budget with flat tax rate
County commissioners approved the fiscal year 2026-27 budget after a meeting that ran from Thursday afternoon into Friday morning. The operating property tax rate stays flat at 4.57 mills. The county says the plan prioritizes public safety, parks and transportation amid slowing revenue growth.
What it may mean for the marketA flat operating millage keeps the county's property tax rate steady for owners across Miami-Dade for the coming fiscal year. The site is about 9 miles southeast of Grand Bay Residences Cond.
Source: Local 10 News - September 2026Infrastructure
County committee reviews $101 million contract for MIA North Terminal baggage screening machines
A county committee is reviewing a $101 million contract to replace 25 explosives detection machines in the North Terminal's baggage-handling system at Miami International Airport. The work would take about four and two-thirds years and be phased to limit disruption.
What it may mean for the marketBaggage system upgrades at the airport support passenger throughput and airport-related operations over several years. The site is about 5 miles south of Grand Bay Residences Cond.
Source: Miami Today
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
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