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Waterfront · Condominium
$6,900,000$1,747 / sqft
430 Grand Bay Dr # 801, Key Biscayne FL 33149
Listed
2
Bedrooms
4
Bathrooms
3,950 sqft
Interior
1999
Year built
$4,398 / mo
HOA
Condominium
Type
About this home
Commanding breathtaking Atlantic vistas from its privileged eighth-floor setting at Grand Bay Tower, this residence is a rare offering on Key Biscayne. Enjoying an unusually private setting with unobstructed ocean views and minimal visibility from neighboring residences, the home offers a level of seclusion seldom found in oceanfront condominium living. Originally a three-bedroom, five-and-a-half-bath home, it has been masterfully reimagined into a grand two-bedroom, three-and-a-half-bath layout, enhancing scale and flow for refined entertaining and effortless daily living. Spanning approximately 3,950 square feet, the living and dining areas, a cozy family room, and a bright kitchen with breakfast area are complemented by three terraces totaling approximately 595 square feet, seamlessly integrated to capture sweeping Atlantic views from every room. Custom woodwork by renowned designer Juan Montoya enriches the interiors, while the serene primary suite offers a secluded sitting room, bespoke closets, and a spa-inspired bath, creating a private sanctuary within this singular home. The sale includes a private guest quarters—an increasingly rare and coveted amenity at Grand Bay—as well as two storage units. Combining exceptional scale, refined finishes, remarkable privacy, unobstructed Atlantic views, and desirable ancillary spaces, this residence represents a unique opportunity within one of Key Biscayne’s most prestigious oceanfront buildings.
Features
- Lobby
- Closet Cabinetry
- Cooking Island
- Fire Sprinklers
- Entrance Foyer
- Laundry Tub
- Chandelier To Be Replaced
- Walk-In Closet(s)
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 2-bed rentals in Key Biscayne, from 80 active listings; the middle half ask $6,500–$10,000.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.