
Grand Bay Tower
430 Grand Bay Drive, Key Biscayne, FL 33149
ALERTS FOR GRAND BAY TOWER
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Mark Zilbert is a Key Biscayne real estate agent who follows every listing and sale at Grand Bay Tower. Buyers and sellers can call or text Mark at (786) 280-0201.
Building Facts
| Developer | GB/JT Hotel Partners |
|---|---|
| Architect | Cohen Freedman Encinosa |
| Year Built | 1999 |
| Units | 100 |
| Unit sizes | 2,470 – 9,600 SqFt |
About Grand Bay Tower
Grand Bay Tower rises 14 stories at 430 Grand Bay Drive on Key Biscayne, 100 condo residences completed in 1999. GB/JT Hotel Partners built it to plans by Cohen Freedman Encinosa, and it has no plan under 2,470 SqFt. Three-bedroom residences fill most floors, 87 of them, with 11 four-bedroom and two five-bedroom condos, and a penthouse of 9,600 SqFt crowns the building. Residents are neighbors of the Ritz-Carlton, with its spa, clay courts and oceanfront grounds next door.
By Mark Zilbert, Global Real Estate Advisor · updated October 2026
Asking prices by bedrooms: 2 beds from $6.9M · 4 beds from $3.9M

For Sale
2 units · avg asking $1,570/SqFt
| Unit ⇅ | Price ⇅ | Listed ⇅ |
|---|---|---|
| 6064 bed · 2,930 SqFt | $3,900,000$1,331/SqFt | 9/21/269/21 |
| 8012 bed · 3,950 SqFt | $6,900,000$1,747/SqFt | 3/18/263/18 |
Pending Sales
Under contract, awaiting closing. The freshest signal of where prices are settling. In the MLS: For sale is Active or Active with Contract; these are Pending. The price shown is the asking price. The closed price appears in Sold when it records.
| Unit ⇅ | Price ⇅ | Pending ⇅ |
|---|---|---|
| 7083 bed · 2,840 SqFt | $3,490,000$1,229/SqFt | 10/21/2610/21 |
| 3073 bed · 2,840 SqFt | $3,400,000$1,197/SqFt | 9/25/269/25 |
2 residences under contract
Sold · Last 12 Months
2 closed sales · avg $1,503/SqFt · avg 96% of last asking price
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed ⇅ |
|---|---|---|---|
| 11033 bed · 3,630 SqFt | $6,150,000list $6,850,000 | 90% | 10/30/2610/30 |
| 9023 bed · 3,950 SqFt | $5,240,000list $5,100,000 | 103% | 4/20/264/20 |
% of ask compares the closed price to the final list price. The building's full sold history, 58 sales, lives on the archive view.
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Location
430 Grand Bay Drive · Key Biscayne
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Grand Bay Tower, 430 Grand Bay Drive, Key Biscayne
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