MAR-AZUL CONDO

600 Grapetree Dr, Key Biscayne FL 33149

3 beds · 3 baths · 2,523 ft²

For Sale · Active Listing

$15,000

Est. Payment $80/mo

MLS Sheet Video

3

Bedrooms

3

Bathrooms

2,523

Sq. Ft.

1974

Year Built

1

Garage

11

Stories

13

Days on Market

Description

Rarely available at Mar Azul Condominium — a boutique oceanfront residence with only 126 units and direct beach access. What defines this 2523 sq ft condo is its scale — a type of space that is increasingly hard to find in Key Biscayne. This expansive 3-bedroom, 3-bath residence offers generously sized suites, each with its own fully renovated bathroom, creating both comfort and privacy. The layout is designed for modern living, with a beautifully renovated kitchen seamlessly integrated into the living and dining areas, all framed by floor-to-ceiling windows that bring in natural light and highlight the ocean views. A wide wraparound balcony extends across the residence, connecting the main living areas and primary suite, and enhancing the indoor-outdoor experience. Impact windows, marble floors, impeccable conditions, just painted. With its rare proportions, thoughtful layout, and oceanfront setting, this residence stands out as a unique opportunity in today’s Key Biscayne market. AVAILABLE NOW! Unit is available furnished or unfurnished.

Facts

MLS#
A12004643
Subdivision
MAR-AZUL CONDO
Property Type
Residential Lease
Property Sub Type
Condominium
Year Built
1974
Lot Size
0 sqft
Sq. Ft.
2,523 ft²
Sq. Mt.
234 m²
Price per sq. ft.
$6/ft²
Price per sq. mt.
$64/m²
Stories
11
Garage
1 spaces
Pool
Days on Market
13 days
Listed
Apr 23, 2026
Last Updated
May 6, 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

May 2026

100/100
Buyers marketSellers market

56

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).

4/23/2026Listed for sale$15,000

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

Affordability

What you'd typically need to qualify for this rental under the standard 30% rule.

$50,000

gross income / month to qualify

Monthly rent$15,000
Required annual income$600,000
Security deposit (est.)$15,000
Move-in cost (1st + last + security)$45,000

Based on the 30% rule (rent ≤ 30% of gross monthly income). Move-in estimate assumes first month + last month + one month security; landlord requirements vary.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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