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600 Grapetree Dr, Key Biscayne FL 33149
About this home
Located on the 11th and highest residential floor of MAR AZUL, an exclusive boutique oceanfront condominium with only 126 residences, this fully renovated property offers 2,344 Sq.Ft. (as per appraisal) and an UNIQUE & EXCLUSIVE beachfront view to the ocean. Designed for those who value truly unique properties, it showcases what many consider one of the finest views on the island—an unobstructed panorama of the Atlantic Ocean, lush tropical greenery, and the South Beach skyline in the distance. Every bedroom features exterior windows with open sky views, filling the residence with natural light. The oversized oceanfront primary suite enjoys breathtaking direct water views, a beautifully remodeled bathroom, and a spacious walk-in closet. Two additional bedrooms share a well-designed Jack-and-Jill bathroom. One bedroom with its own, private balcony. The stunning, move-in-ready interiors include a fully renovated kitchen with custom cabinetry, beautifully updated bathrooms, and expansive living and dining areas framed by floor-to-ceiling windows overlooking the ocean. Spacious Laundry room. MAR AZUL offers direct beach access, a 24-hour attended lobby, oceanfront fitness center, swimming pool, party room. TWO assigned parking spaces. A rare opportunity to own one of the most exceptional residences in one of Key Biscayne's most exclusive boutique buildings. Ready to move in. Easy to show.
Features
- Elevator
- Ocean View
- Direct Ocean
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $14,411
- HOA
- $2,663 / mo
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.