455 GRAND BAY DR 1117, Key Biscayne, FL 33149

Parcel: 2452050611210 · Residential · Condominium - Residential · Zoning: 9400

Assessed Value (2025)
$878,805

Property Details

Beds
1
Baths
1
Living Sqft
731
Year Built
2001
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$525,000
2005-03-01
2
N/Anon-market transfer
2007-12-01
3
$1,100,000
2022-06-21
JAMES TERRY TIMMONS JRGALAXY TIC III HOLDING LLC
4
$1,100,000
2022-06-27

Tax Assessment History

$878,805
Assessed (2025)
$878,805
Market Value
$878,805
Taxable Value
$17,892
Annual Tax
2024
$925,058
2025
$878,805
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $878,805 $878,805 $878,805 $17,892
2024 $925,058 $925,058 $925,058 $18,833

About 455 GRAND BAY DR 1117, Key Biscayne, FL 33149

455 GRAND BAY DR 1117, Key Biscayne, FL 33149 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 2001 with 731 square feet of living space. The property is currently owned by GALAXY TIC III HOLDING 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 2022-06-27 for $1,100,000. There are 4 recorded sales for this property. The 2025 assessed value is $878,805 with a market value of $878,805.

The assessed value decreased 5% from $925,058 in 2024. This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain). Flood insurance is typically required by lenders for properties in this zone.

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 $335,851 recorded against this property.

455 GRAND BAY DR 1117, 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 2005 to 2022, with 4 recorded transactions in the public record.

The current assessed value represents 80% of the most recent sale price. Based on the most recent sale, this property traded at $1505 per square foot — a key metric for comparing value across Key Biscayne's real estate market..

Current Owner

GALAXY TIC III HOLDING LLC
27500 CEDAR RD STE #405, BEACHWOOD, OH, 44122
Since: 2026-03-29
View owner profile →

People Behind This Entity

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$7,430 — $13,103
Flood $400 — $800
Property/Wind $7,030 — $12,303

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
$400,000
~$335,851 bal.
CIVISTA BANK · 2022-09-22
Est. Total Balance $335,851
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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