GRAPETREE TOWNHOUSE CONDO in Key Biscayne

GRAPETREE TOWNHOUSE CONDO
Homes for Sale in Key Biscayne, FL

Community in Key Biscayne · Miami-Dade County · ZIP 33149
Median sale $1.12M
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Built fromLive miami data8 years of closingsUpdated twice daily
Live · GRAPETREE TOWNHOUSE CONDO Housing Pulse miami + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$1.12M
Median sold · 12 mo
$795/sf
Sold $/sqft · 12 mo
peak $795 in 2026
90.0%
Sale vs ask
Miami-Dade median: 97.8%
Tempo
95days
Median DOM · closed
36 days at the 2023 low
3
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
33%
Cash buyers · GRAPETREE TOWNHOUSE CONDO
1 of 3 sales, 12 mo ending July 2026
Track record · 8 years of records
1,404sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Grapetree Townhouse Condo is pricing out at a median of $1,116,000, with price per square foot running just under $795. That per-foot figure is doing the real talking here — this is a market where the unit's condition, layout, and any water or view exposure move the number far more than square footage alone does.

With only three closings in the current window, treat any single sale as a data point, not a trend line. A median 95-day stay on market suggests these units are not moving fast, which gives buyers room to negotiate and sellers a reason to price and present carefully rather than test the top of the range.

The 60-Second Overview

GRAPETREE TOWNHOUSE CONDO market snapshot (as of July 20, 2026): the median sale price is about $1.12M ($795 per sq ft over the trailing 12 months of closed sales), and a median 95 days on market for closed sales.

Grapetree Townhouse Condo is a low-volume corner of the Miami-Dade condo market, where pricing sits well above a per-square-foot average and sales activity is thin enough that each closing carries outsized weight in reading the market.

Best for

  • A buyer targeting a specific unit here who is prepared to evaluate it on its own merits rather than assume it tracks a broader comp average.
  • A buyer comfortable with a longer marketing timeline in exchange for negotiating leverage on price.
  • A buyer whose budget aligns with a per-square-foot cost near $795 and who has done the condition diligence to justify it.

Probably not for

  • A buyer who needs a fast, competitive-offer close within a tight timeline.
  • A buyer relying on a large, active comp set to validate pricing before making an offer.
  • A buyer expecting community amenities as part of the purchase decision — none are identified in current listings.

Windows contain 0 to 5 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2018 through 2026. Deemed reliable but not guaranteed.

Homes sold per 12-mo window
02420182020202220242026
0 to 5 a year; 3 in the current window.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Miami-Dade County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$3,099/mo
Miami-Dade County typical true cost to own
$158/mo
Miami-Dade County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

How much local inventory is already under contract

16% of homes for sale in ZIP 33149 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-08-18).

GRAPETREE TOWNHOUSE CONDO Market Scorecard

Balanced

GRAPETREE TOWNHOUSE CONDO is currently a balanced market., and homes go under contract in about 71 days.

$1,116,000
Median sold
$1243
List $/sqft
71
Days on mkt
2/0/0
Active/Pend/Sold

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: miami, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Homes For Sale Right Now in GRAPETREE TOWNHOUSE CONDO

Live MLS inventory for GRAPETREE TOWNHOUSE 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 and pending GRAPETREE TOWNHOUSE CONDO listings as of 2026-08-05, priced high to low. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2018 through 2026. Tap any home to ask about it.

If we were buying in GRAPETREE TOWNHOUSE CONDO today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 GRAPETREE TOWNHOUSE CONDO.

Best Buy
Buyers targeting a specific unit in Grapetree Townhouse Condo who are comfortable underwriting value on a per-unit basis rather than a broad comp set.
Biggest Risk
With only three closings in the window, any single sale can distort the read on where pricing actually sits.
Sweet Spot
Move-in-ready units priced in line with the current $794.87 per-square-foot benchmark tend to test the market fastest.
Avoid If
You need a fast, predictable close — this community's 95-day median suggests patience is part of the deal here.

A thin market with a high per-foot floor

Three closings in the current window is not enough to draw a firm line on where this community is headed, but it is enough to confirm the per-square-foot pricing is holding near $795 — a level that puts a premium on unit condition and any updates over the years. Buyers should expect to underwrite each unit individually rather than lean on a community-wide comp set.

The median 95-day time on market points to a deliberate sales process rather than a fast-moving one. Sellers who price realistically against recent per-foot data and present the unit in ready condition are the ones most likely to shorten that window; sellers who chase an aspirational number should expect the market to take its time correcting them.

The location and the amenities are priced into every listing in GRAPETREE TOWNHOUSE CONDO. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a market with only a handful of closings to reference, the read on value depends on knowing which of those sales are truly comparable and which are outliers. We track the per-square-foot data closely here and price and negotiate off it, rather than off a headline median that a thin sample can easily skew.

GRAPETREE TOWNHOUSE CONDO in 15 seconds.

Best forBuyers targeting a specific unit in Grapetree Townhouse Condo who are comfortable underwriting value on a per-unit basis rather than a broad comp set.
Biggest advantageThe wide 95-day median time on market gives buyers room to negotiate rather than compete against multiple offers.
Biggest riskWith only three closings in the window, any single sale can distort the read on where pricing actually sits.
Sweet spotMove-in-ready units priced in line with the current $794.87 per-square-foot benchmark tend to test the market fastest.
Avoid ifYou need a fast, predictable close — this community's 95-day median suggests patience is part of the deal here.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • Any club/amenity membership is billed separately

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

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed GRAPETREE TOWNHOUSE CONDO sales matched to your home.

What is your GRAPETREE TOWNHOUSE CONDO home worth?

Get a no-obligation home value based on real comparable sales in GRAPETREE TOWNHOUSE CONDO, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in GRAPETREE TOWNHOUSE CONDO?
The median sale price in GRAPETREE TOWNHOUSE CONDO was $1.12M over the 12 months ending July 20, 2026 (3 closed sales, miami).
How long do homes in GRAPETREE TOWNHOUSE CONDO take to sell?
Homes that closed in the 12 months ending July 20, 2026 took a median 95 days on market (3 sales, miami).
Do cash buyers compete in GRAPETREE TOWNHOUSE CONDO?
Cash buyers took 33% of GRAPETREE TOWNHOUSE CONDO sales in the 12 months ending July 2026 (1 of 3 closings, miami).
Who is the best real estate agent for GRAPETREE TOWNHOUSE CONDO?
The best agent for GRAPETREE TOWNHOUSE CONDO is one who actively works Key Biscayne and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for GRAPETREE TOWNHOUSE CONDO.
How do I find a top Key Biscayne real estate agent who knows GRAPETREE TOWNHOUSE CONDO?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows GRAPETREE TOWNHOUSE CONDO and the wider Key Biscayne area.
Can Momentum Realty connect me with an agent for GRAPETREE TOWNHOUSE CONDO?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your GRAPETREE TOWNHOUSE CONDO purchase or sale - no call center and no pressure.
A buyer targeting a specific unit here who is prepared to evaluate it on its own merits rather than assume it tracks a broader comp average.Excellent fit
A buyer comfortable with a longer marketing timeline in exchange for negotiating leverage on price.Excellent fit
A buyer whose budget aligns with a per-square-foot cost near $795 and who has done the condition diligence to justify it.Excellent fit
A buyer who needs a fast, competitive-offer close within a tight timeline.Probably not
A buyer relying on a large, active comp set to validate pricing before making an offer.Probably not
A buyer expecting community amenities as part of the purchase decision — none are identified in current listings.Probably not

Data sources & freshness

Community market statsmiami closed sales, 12-month windows ending July 20, 2026
Under-contract sharesmiami records, as of 2026-07-18
Historical depthClosed-sale records back to 2018 (21 transactions analyzed)

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 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.

Own a home here?

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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the miami member average and 8 days faster, and we’ll price yours against live your area comps.

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CallFree valuation →
Thinking of selling in GRAPETREE TOWNHOUSE CONDO? 3 recorded closings; median 95 days on market (window ending 2026-07-20). See the Miami-Dade County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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