Own Key Biscayne

The Ritz-Carlton Key Biscayne

455 Grand Bay Dr · Built 2001 · 14 floors · 188 residences

1 for sale
For sale
1
0 pending · 3.0 mo supply
Median asking
$975K
from $975K
Median $/sqft
$2,593/sqft
$2,025/sqft sold, 12 mo
Days on market
28
8 to sell · 4 in 12 mo
The Ritz-Carlton Key Biscayne
Listing photo · courtesy of Arch Realty Inc · MLS #A11693557

The Ritz-Carlton Key Biscayne offers a resort-style lifestyle in a premier beachfront location. The property provides a tranquil island atmosphere while remaining conveniently located near Brickell, Coconut Grove, and Downtown Miami. The building features oceanfront views and a variety of on-site dining options.

Residents and guests have access to world-class amenities, including multiple swimming pools, a large spa, a fitness center, and numerous tennis courts. The property also provides beach service, concierge services, and valet parking. The building is situated in an exclusive island community known for its prestigious address.

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
62
/ 100
B+
own.miami Score

A data-grounded score for The Ritz-Carlton Key Biscayne from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.

Value1
$2,593/sqft — vs. Key Biscayne condos, then all of Miami
Momentum50
Recent price trend
Liquidity82
3.0 months of supply · 28 days on market
Health90
No verified records yet — listing signals only
Waterfront90
Waterfront building
Age63
Built 2001 — vs. Key Biscayne buildings
own.miami Condo Index
234Premium100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#41 of 698 tracked Miami condos
Top 6% by price per sq ft
#2 of 45 in Key Biscayne
Momentum
→ Steady
$2,593/sqft median ask
Liquidity
Warm
See the full Condo Index →
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Inventory

Sold $/sqft trend

3-month rolling median of closed sales in The Ritz-Carlton Key Biscayne; bars are closings per month.

$1014$1637$2260Feb 2024May 2024Sep 2024May 2025Jul 2026

Location

Nearby buildings within half a mile.

Building facts

Address
455 Grand Bay Dr
Year built
2001
Floors
14
Residences
188
Developer
Gencom
Waterfront
Yes

Amenities

  • · Spa
  • · Fitness center
  • · Tennis courts
  • · Beach service
  • · Concierge
  • · Valet
  • · Dining

Building rules

Parking
The building offers both assigned parking and valet service.

Special assessments & recertification outlook

Elevated
  • Built 2001 — a recurring structural milestone inspection is due around 2026

Estimated from The Ritz-Carlton Key Biscayne’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 The Ritz-Carlton Key Biscayne: recorded purchase mortgages, the down payments they accepted, and the programmes in use.

17Mostly cash
Mortgages recorded, 12 months
5
2 from banks and credit unions · purchases and refinances
Sales bank-financed
10%
10 recorded sales, 12 months · Resales only
Average down payment
—
Lowest down payment accepted
—
Loan programmes, 24 months:Conventional 2Private lenders 3

Medium confidence · 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: 9.0 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
3.4 ft
Lowest nearby street
2.6 ft
Highest predicted tide, 2026
1.0 ft

Elevations in feet above the NAVD88 datum.

The lowest street next to this building sits 1.6 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

How much do condos at The Ritz-Carlton Key Biscayne cost?+

There are 1 condos for sale at The Ritz-Carlton Key Biscayne, from $975,000, with a median asking price of $975,000 ($2,593/sqft).

How much are the HOA fees at The Ritz-Carlton Key Biscayne?+

HOA / maintenance fees at The Ritz-Carlton Key Biscayne run around $1,234 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.

Is The Ritz-Carlton Key Biscayne a waterfront building?+

Yes — The Ritz-Carlton Key Biscayne is a waterfront building (Key Biscayne).

When was The Ritz-Carlton Key Biscayne built?+

The Ritz-Carlton Key Biscayne was built in 2001, 14 stories, 188 residences.

Who developed The Ritz-Carlton Key Biscayne?+

The Ritz-Carlton Key Biscayne was developed by Gencom.

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