Own Key Biscayne

Grapetree Townhouse

450 Grapetree Dr · Built 1974 · 2 floors · 14 residences

Recently sold (1)
For sale
0
0 pending
Sold, 12 months
1
1 recorded sale
Last sale
$1.12M
Dec 4, 2025
Last sale, per sqft
$795/sqft
$795/sqft sold, 12 mo
Grapetree Townhouse
Listing photo · courtesy of BHHS EWM Realty · MLS #A11886909
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1 sold in the last 12 months. Get an email the moment a unit lists here — and our team will reach out so you can move first.

Off-market and pocket listings never hit the portals. Ask us — we know who is thinking of selling.

Getting around

Key Biscayne is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:

Crandon ParkBill Baggs Cape Florida State ParkRickenbacker CausewayCrandon Park MarinaKey Biscayne Village GreenMiami Seaquarium
68
/ 100
B+
own.miami Score

A data-grounded score for Grapetree Townhouse from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.

Value46
$795/sqft — vs. Key Biscayne condos, then all of Miami
Momentum50
Recent price trend
Liquidity94
0.0 months of supply
Health100
Public records checked — no liens, lawsuits or complaints on file
Waterfront55
Not waterfront
Age21
Built 1974 — vs. Key Biscayne buildings
own.miami Condo Index
132Above market100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#194 of 698 tracked Miami condos
Top 28% by price per sq ft
#24 of 45 in Key Biscayne
Momentum
→ Steady
$795/sqft median ask
Liquidity
Hot
See the full Condo Index →

Inventory

Sold $/sqft trend

3-month rolling median of closed sales in Grapetree Townhouse; bars are closings per month.

Not enough closed sales yet for a trend.

Location

Nearby buildings within half a mile.

Building facts

Address
450 Grapetree Dr
Year built
1974
Floors
2
Residences
14
Developer
American Design & Devel. CORP. OF FT. Myers
Waterfront
No

Amenities

Amenity list coming soon.

Building rules

Pet, leasing and parking rules are being verified with the association.

Special assessments & recertification outlook

Elevated

Public records checked Oct 29, 2026: no liens, lawsuits or regulatory complaints found for the association.

  • Built 1974 — a recurring structural milestone inspection is due around 2029

Estimated from Grapetree Townhouse’s age and signals in active listings — not an official inspection or reserve report. Always verify the building’s milestone-inspection status and reserves with the association before buying.

Financeability

What the banks say about Grapetree Townhouse: recorded purchase mortgages, the down payments they accepted, and the programmes in use.

24Mostly cash
Mortgages recorded, 12 months
1
1 from banks and credit unions · purchases and refinances
Sales bank-financed
—
1 recorded sales, 12 months · Resales only
Average down payment
—
Lowest down payment accepted
—
Loan programmes, 24 months:Conventional 1

Low confidence — few loans · As of 2026-10-31

Source: Miami-Dade County official records and the FHA/VA approval lists. Aggregates only; individual instruments are never shown. Compare with Key Biscayne

Flooding and storm surge

Public flood data at this building’s location, read Oct 22, 2026.

FEMA flood zone
Zone AE: high-risk area. FEMA maps a 1% yearly chance of flooding here.
Base flood elevation on the map: 8.0 ft (NGVD29).
Hurricane evacuation zone
Zone A
Miami-Dade storm surge planning zones run from A (called first) to E. The county decides which zones evacuate in a storm.
Ground at the building
4.4 ft
Lowest nearby street
3.8 ft
Highest predicted tide, 2026
1.0 ft

Elevations in feet above the NAVD88 datum.

The lowest street next to this building sits 2.8 ft above this year’s highest predicted tide (Oct 27, 2026).

Estimated from public data, not a flood determination. Check the FEMA flood map and an elevation certificate for this building.

How we measure thisCompare neighborhoods

Frequently asked

When was Grapetree Townhouse built?+

Grapetree Townhouse was built in 1974, 2 stories, 14 residences.

Who developed Grapetree Townhouse?+

Grapetree Townhouse was developed by American Design & Devel. CORP. OF FT. Myers.

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