MAR-AZUL CONDO

600 Grapetree Dr, Key Biscayne FL 33149

3 beds · 3 baths · 2,943 ft²

Closed

$2,900,000

Est. Payment $15,435/mo

MLS Sheet Video

3

Bedrooms

3

Bathrooms

2,943

Sq. Ft.

1974

Year Built

2

Garage

12

Stories

98

Days on Market

Description

Your sanctuary awaits at Key Biscayne's most discreet oceanfront address. Living at Mar Azul is what it looks like when you finally stop compromising. With only 126 residences and tucked away at the far end of Grapetree Drive, the property sits precisely where the island gives way to the lush canopy of Bill Baggs Cape Florida State Park on one side and the endless Atlantic Ocean on the other. Spanning an impressive 2,943 living square feet, this residence was thoughtfully reimagined beyond its original design to offer a tranquil haven featuring three generous ensuite bedrooms. Brand new AC and elegant marble and warm wood flooring flow seamlessly throughout the space offering panoramic views of the ocean and the city skyline. Arrive home via a semi-private elevator that serves just two residences per wing. Mar Azul’s amenities include direct beach access, pool, fitness center, BBQ area, and clubroom, all secured by a 24/7 guard and gated entry. Further elevating the experience is the building's dedicated in-house management, ensuring bespoke service and a meticulously maintained environment. Complete with the ultimate convenience of assigned covered parking inclusive of an electric vehicle charging station and a private storage unit. Key Biscayne is a life measured in ocean views, quiet streets, and a village that values exactly that. Mar Azul is where that life begins.

Facts

MLS#
A12003348
Subdivision
MAR-AZUL CONDO
Property Type
Residential
Property Sub Type
Condominium
Year Built
1974
Lot Size
0 sqft
Sq. Ft.
2,943 ft²
Sq. Mt.
273 m²
Price per sq. ft.
$985/ft²
Price per sq. mt.
$10,623/m²
Stories
12
Garage
2 spaces
Pool
—
Days on Market
98 days
Listed
Apr 23, 2026
Last Updated
Sep 8, 2026
Price/Lot Sq.Ft.
—

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Key Biscayne

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

October 2026

100/100
Buyers marketSellers market

59

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

9/8/2026Sold$2,900,000
4/23/2026Listed for sale$2,900,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

600 Grapetree Dr, Key Biscayne FL 33149Directions

Estimated Monthly Payment

$18,002/mo

Principal & Interest

$15,435

Property Tax

$2,417

Insurance

$150

HOA

$0

20% ($580,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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