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Great Opportunity At Grand Bay Towers!

January 4th, 2014 Written By Dominique Duque

Grand Bay Towers

A great opportunity has hit the market at Grand Bay Towers.  As you may or may not know, large 2 bedroom condos are hard to come by not only on Key Biscayne but in all of Miami.  Unit 401 at the Grand Bay Towers offers 2,460 square feet of living space with 2 bedrooms + den and 3.5 bathrooms with an expansive terrace and tree-top views.  The unit is listed at $716.00/sq. ft. which is considerably below the price of other non-waterfront 2 bedroom units which have recently sold  in the building (Unit 516 closed for $767.00/sq. ft. and Unit 415 closed for $780.00/sq. ft.).

Grand Bay Towers 2

Details of 445 Grand Bay Drive, Unit 401:

Many of our clients like the Grand Bay Towers because the association allows residents to rent their unit for 6 months out of the year; this is a huge perk for part-time residents.  A comparable unit to the one mentioned above would rent for approximately $9,000/month which would certainly cover your maintenance and taxes while earning a nice profit.

Click here to view all condos for rent and sale at Grand Bay Towers, Key Biscayne

We know the Key Biscayne real estate market and track the sales so that our clients make informed, knowledgeable decisions.  If you are interested in setting up a buyer or seller consultation, please contact us here.

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