445 GRAND BAY DR 1209, Key Biscayne, FL 33149

Parcel: 2452050490880 · Residential · Condominium - Residential · Zoning: 9400

Assessed Value (2025)
$4,245,294

Property Details

Beds
3
Baths
4.5
Living Sqft
3,480
Year Built
1996
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$2,506,900
2018-05-01
DEUTSCHE BANK NATIONAL TR CO TRSREAL ESTATE GROWTH FUND LLC
2
$2,875,000+15%
2019-06-27
REAL ESTATE GROWTH FUND LLCROBERT LARSSON
3
$5,135,000+79%
2023-05-25
ROBERT LARSSONGB RIO 21 LLC
4
$5,135,000
2023-06-02

Tax Assessment History

$4,245,294
Assessed (2025)
$4,245,294
Market Value
$4,245,294
Taxable Value
$86,431
Annual Tax
2024
$4,245,294
2025
$4,245,294
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $4,245,294 $4,245,294 $4,245,294 $86,431
2024 $4,245,294 $4,245,294 $4,245,294 $86,431

About 445 GRAND BAY DR 1209, Key Biscayne, FL 33149

445 GRAND BAY DR 1209, Key Biscayne, FL 33149 is a 3-bedroom, 4.5-bathroom residential - total value : condominium - residential built in 1996 with 3,480 square feet of living space. The property is currently owned by GB RIO 21 LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2023-06-02 for $5,135,000. There are 4 recorded sales for this property. The 2025 assessed value is $4,245,294 with a market value of $4,245,294.

The median household income in this area is $170,682, and the median home value is $1,539,500. The population density is 16,591 people per square mile. There are active mortgage liens totaling $2,328,722 recorded against this property.

445 GRAND BAY DR 1209, Key Biscayne, FL 33149 is located in Key Biscayne, Florida. Property records, tax assessments, sales history, and ownership information for this Key Biscayne property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2018 to 2023, with 4 recorded transactions in the public record.

The current assessed value represents 83% of the most recent sale price. Based on the most recent sale, this property traded at $1476 per square foot — a key metric for comparing value across Key Biscayne's real estate market..

Current Owner

GB RIO 21 LLC
6897 NE 4 AVE, MIAMI, FL, 33138
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$34,362 — $60,234
Flood $400 — $800
Property/Wind $33,962 — $59,434

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$170,682
Median Home Value$1,539,500
Pop. Density16,591/sq mi

Neighborhood 33149

34.2%
Owner-Occ
65.8%
Investor
119
Flips (4yr)
3,025
New Biz (3yr)
Distress Risk
MODERATE
36
View full risk analysis →

Mortgages

ACTIVE 3.125% rate
$2,567,500
~$2,328,722 bal.
CITY NATIONAL BANK OF FLORIDA · 2022-02-15
Est. Total Balance $2,328,722
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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