455 GRAND BAY DR 418-19, Key Biscayne, FL 33149

Parcel: 2452050611240 · Residential · Condominium - Residential · Zoning: 9400

Assessed Value (2025)
$905,431

Property Details

Beds
1
Baths
1
Living Sqft
791
Year Built
2001
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$425,000
2002-01-01
2
$750,000+76%
2013-11-29
HENRY Y CHENRLPM PROPERTIES LLC

Tax Assessment History

$905,431
Assessed (2025)
$905,431
Market Value
$905,431
Taxable Value
$18,434
Annual Tax
2024
$862,259
$953,085
2025
$905,431
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $905,431 $905,431 $905,431 $18,434
2024 $862,259 $953,085 $862,259 $17,555

About 455 GRAND BAY DR 418-19, Key Biscayne, FL 33149

455 GRAND BAY DR 418-19, Key Biscayne, FL 33149 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 2001 with 791 square feet of living space. The property is currently owned by RLPM PROPERTIES 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 2013-11-29 for $750,000, when HENRY Y CHEN sold to RLPM PROPERTIES LLC. The property has appreciated $325,000 (76%) since the prior sale of $425,000 on 2002-01-01. The 2025 assessed value is $905,431 with a market value of $905,431.

The assessed value increased 5% from $862,259 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. 455 GRAND BAY DR 418-19, 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 2002 to 2013, with 2 recorded transactions in the public record. The current assessed value represents 121% of the most recent sale price.

This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $948 per square foot — a key metric for comparing value across Key Biscayne's real estate market..

Current Owner

RLPM PROPERTIES LLC
455 GRAND BAY DR #418-419, KEY BISCAYNE, FL, 33149
Since: 2026-03-29
View owner profile →

People Behind This Entity

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$7,643 — $13,476
Flood $400 — $800
Property/Wind $7,243 — $12,676

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 →
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