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Waterfront · Condominium
$3,490,000$1,229 / sqft
430 Grand Bay Dr # 708, Key Biscayne FL 33149
Listed
3
Bedrooms
3
Bathrooms
2,840 sqft
Interior
1999
Year built
$3,200 / mo
HOA
Condominium
Type
About this home
Rare opportunity in one of Key Biscayne's most sought-after buildings. This corner residence offers sweeping views of Biscayne Bay and the Miami skyline, framed by 3 balconies throughout. The kitchen features top-of-the-line appliances, a center island and a sun-filled breakfast nook — a true chef's dream. Marble flooring flows through the expansive, open living and dining areas, ideal for entertaining, while rich dark wood grounds the bedrooms with warmth. 3 full bedrooms, 2 full baths, plus a maid's quarters with full bath. Generous walk-in closets throughout. A private entrance sets the tone the moment you arrive — your own island getaway, move-in ready.
Features
- Lobby
- Built-in Features
- Closet Cabinetry
- Entrance Foyer
- Split Bedroom
- Walk-In Closet(s)
- Maid/In-Law Quarters
- Storage
- Open Balcony
- Bay
- Skyline
Leasing
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 3-bed rentals in Key Biscayne, from 40 active listings; the middle half ask $10,000–$18,000.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter 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. We are not a lender and neither offer nor arrange financing. 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.