Market Intelligence Report
Grand Bay Tower (Ritz-Carlton Key Biscayne Residences)
Key Biscayne, Miami · 455 Grand Bay Dr, Key Biscayne, FL 33149
Grand Bay Tower (Ritz-Carlton Key Biscayne Residences) in Key Biscayne, Miami has 562 recorded condominium sales dating back to 2001, with a median sale price of $457K and an average of $972 per square foot. Explore the building's full sales history, price trends, and resale performance on CURVE Reports.
Executive summary
Total units188
Total sales562
Total resales375
First close5/25/2001
Most recent close3/16/2026
Total sales volume$314.0M
Avg sale price$559K
Avg $/SF$972
Avg hold time5.5 yrs
Avg appreciation+57.0%
Sales by price point
494Under $1M
66$1M–$3M
2$3M–$5M
10 most recent sales
| Unit | Date | Beds | Type | Price | $/SF | Change |
|---|---|---|---|---|---|---|
| 210 | 3/16/2026 | 1 Bed | Resale 7 | $950K | $2,527 | +44% |
| 310 | 6/10/2025 | 1 Bed | Resale 2 | $710K | $1,888 | +48% |
| 517 | 6/10/2025 | 1 Bed | Resale 3 | $650K | $1,222 | +19% |
| 525 | 6/9/2025 | 1 Bed | Resale 5 | $750K | $1,984 | 0% |
| 524 | 6/9/2025 | 1 Bed | Resale 5 | $1.8M | $2,120 | 0% |
| 512 | 5/21/2025 | 1 Bed | Resale 5 | $1.7M | $2,002 | +55% |
| 716 | 4/10/2025 | 1 Bed | Resale 4 | $675K | $1,507 | +75% |
| 604 | 4/10/2025 | 1 Bed | Resale 2 | $650K | $1,720 | +111% |
| 304 | 3/13/2025 | 1 Bed | Resale 2 | $700K | $1,852 | +146% |
| 709 | 3/13/2025 | 1 Bed | Resale 3 | $1.7M | $2,002 | +52% |
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