Grapetree Townhouse
Condos for Sale in Key Biscayne, FL

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.

MIAMI REALTORS sales records identify 10 homes in GRAPETREE TOWNHOUSE Condo that have changed hands since 2018, built between 1974 and 1975 (median 1974), with a median living area of about 1,404 sq ft and a typical 2-bedroom, 2.5-bath layout; 70% are townhomes. 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.

Grapetree Townhouse Condo 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 Grapetree Townhouse Condo specifically. Momentum Research analysis of MLS records.

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.

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.

Listings in this community report association dues of about $1,050 per month ($12,600 a year) — the median AssociationFee across 6 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.