Grand Bay Key Biscayne

Grand Bay is a luxury waterfront community of single family homes and condos in Key Biscayne, Florida, with a range of options priced between $3,149,000 and $4,399,000. There are currently a total of 3 homes for sale in Grand Bay. The smallest Grand Bay home presently available is a five bedroom seven bathroom residence that is 2,950 square feet, and the largest of the Grand Bay homes currently on the market has five beds and seven baths and is a 4,678 square foot (4,007SF Under Air) residence.

Property management fees in Miami-Dade County vary depending on the community and the subdivision within the community and sometimes vary between homes in the subdivision. The current HOA fees for homes in Grand Bay are $1,509 and $3,679 for a Grand Bay condos. This fee includes common area maintenance, grounds maintenance, building maintenance, roof repair and replacement, the community pool, and security. Also included is property insurance, water, electric, trash removal, sewer, pest control, Cable TV & internet, climate control, parking, and recreation facilities. Please check the individual listing pages for the exact homeowners association fees for a particular Grand Bay home.

Grand Bay amenities include a clubhouse, swimming pool, spa / hot tub, cabana, a state-of-the-art fitness center, sauna, game room, hobby room, laundry facilities, and business center. Sports facilities include tennis courts, and basketball court. Onsite dining venues consist of a community kitchen, picnic area, and a barbecue area. There is also a community park, a playground, walking or jogging trails, as well as private beach access.

The Grand Bay Master HOA does allow pets, however the various subdivision may impose their own pet restrictions, so check the individual listings for specifics.

There are four subdivisions within the Grand Bay community, they are: Grand Bay Estates, Grand Bay Residences, Grand Bay Tower, and Grand Bay Villas.

There are two commercial airports that serve Grand Bay - Miami International Airport (MIA), which is eleven miles away, and Fort Lauderdale Hollywood International Airport (FLL), which is twenty six miles away. For those who fly private, there are four private airports nearby: Miami Executive (TMB), Miami Opa Locka Executive (OPF), Homestead Arb (HST), and North Perry (HWO), all within twenty two miles of the Grand Bay community.

Grand Bay real estate activity on the Key Biscayne MLS during the past year (as of September 2025) reflects six homes changing hands, with an average asking price of $2,127,500 and an average selling price of $1,995,417. This represents a healthy list-to-sell price ratio of 94% and a strong price of $1,227 per square foot. During this period, Grand Bay homes for sale have taken an average of 91 days to sell.

In addition, there are numerous other communities in Key Biscayne to choose from, or you may browse all available Key Biscayne Real Estate, including some new construction opportunities. Homes for sale in Grand Bay are selling quickly. Set up a new listing alert, and we will notify you immediately when a new waterfront home in Grand Bay hits the market. You can also always contact your ZFC Real Estate agent, who would happily assist you further with all your South Florida real estate needs.

Grand Bay Homes For Sale

Reduced

$4,399,000

$4,900,000

Grand Bay Villas

6 Coconut Ln
Key Biscayne, FL 33149

5

7

3

4,678 SqFt

0.126 Acres

217 Days

Under Contract

$3,149,000

Grand Bay Residences

445 Grand Bay Dr 802
Key Biscayne, FL 33149

2

3

1

2,950 Sq Ft

Water Front

146 Days

$980,000

MLS#AX-11823404

455 Grand Bay Dr 210
Key Biscayne, FL 33149

1

1

376 Sq Ft

Ocean Front

99 Days

You may also be interested in Grand Bay in Marco Island.

3 Active Listings in Grand Bay