Luxurious Studio at THE RITZ-CARLTON KEY BISCAYNE – Prime Investment Opportunity! Own a stunning 3rd-floor studio in the 5-star RITZ-CARLTON KEY BISCAYNE, generating over $120,000 in gross annual revenue through short-term rentals. This unit offers PARTIAL

455 GRAND BAY DR #310, Key Biscayne

$720,000 USD 1
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      Address455 GRAND BAY DR #310, Key Biscayne
      Building NameTHE RITZ CARLTON KEY BISC
      Type of PropertyHotel / Motel
      Price$720,000
      Sold on28th April, 2025
      Sold Price$710,000
      Property StatusClosed
      MLS NumberA11724451
      Full Bathrooms Number1
      Living Area376
      Year Built2001
      Garage Spaces Number1
      Folio Number24-52-05-061-0640
      Days on Market144

      Detailed Description: Luxurious Studio at THE RITZ-CARLTON KEY BISCAYNE – Prime Investment Opportunity! Own a stunning 3rd-floor studio in the 5-star RITZ-CARLTON KEY BISCAYNE, generating over $120,000 in gross annual revenue through short-term rentals. This unit offers PARTIAL OCEAN VIEWS, high-end finishes, two custom-sized beds, a kitchenette, and a private balcony. Guests enjoy access to world-class amenities: two pools, 11 tennis courts, a 25,000-square-foot spa, four dining options, and concierge services. Complimentary assigned parking is included. Perfect for investors and luxury seekers, this property combines a strong income stream with the prestige of Ritz-Carlton living. Schedule your showing today!

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      Waterfront
      Pets Allowed

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      Address Information
      StateFlorida
      CityKey Biscayne
      CountyMiami-Dade County
      Zip Code33149
      Address455 GRAND BAY DR
      Section5
      Zip Code (4 Digits)1900
      Financial Information
      Price$720,000
      Price per Foot$0
      Sold on28th April, 2025
      Sold Price$710,000
      Folio Number24-52-05-061-0640
      Maintenance Charge Month$1,177
      Association Fee PaidMonthly
      Association Fee$1,177
      Tax Amount$8,324
      Tax Year2024
      Terms of SaleCash
      Type of ContingenciesPending Inspections
      Full Descriptions
      Detailed DescriptionLuxurious Studio at THE RITZ-CARLTON KEY BISCAYNE – Prime Investment Opportunity! Own a stunning 3rd-floor studio in the 5-star RITZ-CARLTON KEY BISCAYNE, generating over $120,000 in gross annual revenue through short-term rentals. This unit offers PARTIAL OCEAN VIEWS, high-end finishes, two custom-sized beds, a kitchenette, and a private balcony. Guests enjoy access to world-class amenities: two pools, 11 tennis courts, a 25,000-square-foot spa, four dining options, and concierge services. Complimentary assigned parking is included. Perfect for investors and luxury seekers, this property combines a strong income stream with the prestige of Ritz-Carlton living. Schedule your showing today!
      Property ViewGarden View, Ocean View, Water View
      Water AccessDeeded Beach Access, Unrestricted Salt Water Access
      Waterfront DescriptionOcean Front
      Floor DescriptionCarpet, Marble
      Interior FeaturesElevator, Fire Sprinklers
      Exterior FeaturesOpen Balcony, Tennis Court (s)
      Furnished InformationFurnished
      Equipment AppliancesMicrowave, Electric Range
      AmenitiesBar, Business Center, Cabana, Clubhouse-Clubroom, Elevator (s), Exercise Room, Exterior Lighting, Heated Pool, Other, Pool, Sauna, Spa / Hot
      Cooling DescriptionCeiling Fan (s), Central Air
      Heating DescriptionCentral
      Parking Description1 Space
      Pet RestrictionsRestrictions Or Possible Restrictions
      Property parameters
      Full Baths Number1
      Balcony Includes1
      Living Area376
      Year Built2001
      Type of PropertyHotel / Motel
      Building NameTHE RITZ CARLTON KEY BISC
      Development NameG B RESORT CONDO HOTEL
      Construction TypeCBS Construction
      Garage Spaces Number1
      Listed withInnovative Realty, LLC