Property Details
| Sold Price | $687,000 |
|---|---|
| Last Asking Price | $687,000 |
| Price per SqFt | $1,941 |
| Maintenance fee | $1,100 Monthly |
| Property Taxes | $7,767 2023 |
| Interior Space | 354 SqFt |
| Beds/Baths | 0/1 |
| Year Built | 2001 |
| Closed Date | 2/14/2024 |
| MLS # | A11526627 |
Estimated Costs
An estimate of condo or HOA fees and property taxes
Fees and taxes based on MLS provided figures, and may not be accurate
From the listing
A L E R T INVESTORS, AIRBNB OK, Unit completely remolded with nice Queen bed and full bed. Balcony and Terrace located at THE RITZ CARLTON KEY BISCAYNE 5* HOTEL. THE GUEST OF YOU ROOM HAVE ACCESS AT ALL AMENITIES OF THE HOTEL AND THE OWNER TOO. SHORT TERM RENTAL, YOU CAN RENT WITH THE HOTEL PROGRAM OR BY YOURSELF. ALL IS INCLUDED IN THE HOA.Enjoy 2 swimming pool, tennis courts, bespoke gym and spa.3 first-class restaurant.Balcony and terrace from 8th floor with beautiful panoramic water and city views. gross rental 2021: $90,252 - up 20% in the first quarter of 2022, net profit after management fee: 8%,net profit if managed by yourself: 11%
Listed by Serhant
Sales History for This Unit · Grand Bay Ritz Carlton Unit 814
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A11182474 | $590,000 | 4/28/22 |
| F10232114 | $435,000 | 10/19/20 |
What Other Units Have Been Selling For at Grand Bay Ritz Carlton
2 other units sold in the last 12 months at an average of $2,225/SqFt
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| 718 | $950,000$2,513/SqFt | 101% | 7/24/26 |
| 617 | $1,075,000$2,021/SqFt | 119% | 7/1/26 |
| 517 | $650,000$1,222/SqFt | 96% | 5/27/25 |
| 310 | $710,000$1,888/SqFt | 99% | 4/25/25 |
| 820 | $700,000$1,862/SqFt | 93% | 1/13/25 |
| 414 | $642,000$1,814/SqFt | 96% | 7/11/24 |
| 718 | $660,000$1,746/SqFt | 100% | 5/28/24 |
| 525 | $750,000$1,984/SqFt | 100% | 4/15/24 |
For a full analysis of past sales in this development, contact Mark Zilbert.
Listed by Serhant. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Key Biscayne and throughout South Florida.
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Location
The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.
More at Grand Bay Ritz Carlton
188 units · 1 for sale · 3 sold in the last 12 months · building avg $2,134/SqFt sold