









Property Details
| Sold Price | $1,075,000 |
|---|---|
| Last Asking Price | $900,000 |
| Price per SqFt | $2,021 |
| Maintenance fee | $1,708 Monthly |
| Property Taxes | $8,307 2025 |
| Interior Space | 532 SqFt |
| Beds/Baths | 0/1 |
| Year Built | 2001 |
| Closed Date | 7/1/2026 |
| MLS # | A12015584 |
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
Elegant studio residence at The Ritz-Carlton Key Biscayne offering a premier condo-hotel lifestyle in one of Miami’s most prestigious beachfront locations. This studio unit features a functional and well-distributed layout, refined finishes, and abundant natural light, creating a comfortable and inviting living space ideal for both personal use and investment purposes. Enjoy access to world-class, resort-style amenities including multiple swimming pools, a full-service spa, state-of-the-art fitness center, tennis courts, direct beach access with full service, concierge, valet parking, and a variety of on-site dining options. The property is conveniently located just minutes from Brickell, Coconut Grove, and Downtown Miami, while still offering a private and tranquil island setting. This unit may participate in the hotel rental program, providing an excellent opportunity for income generation. Unit is subject to hotel program terms, conditions, and restrictions. All information is deemed reliable but not guaranteed. Buyer and buyer’s agent to verify all information independently.
Listed by Urban Development & Investments LLC
Sales History for This Unit · Grand Bay Ritz Carlton Unit 617
Sales history is unavailable for this property
What Other Units Have Been Selling For at Grand Bay Ritz Carlton
1 other unit sold in the last 12 months at an average of $2,513/SqFt
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| 718 | $950,000$2,513/SqFt | 101% | 7/24/26 |
| 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 |
| 814 | $687,000$1,941/SqFt | 100% | 2/14/24 |
For a full analysis of past sales in this development, contact Mark Zilbert.

Listed by Urban Development & Investments LLC. 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
