600 Grapetree Dr

Key Biscayne, FL 33149

$2,850,000

$1,509/ft²

3Beds

2Baths

1,889Sq ft

1974Year built

CondoType

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 at the PH level facing the ocean, spacious meeting/business 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

Waterfront

Property details

Listing

MLS #: A12062276
Status: For sale
Listed on: Aug 5, 2026
Days on market: 4 days
Listing data updated: Aug 8, 2026

Interior

Beds: 3
Baths: 2
Living area: 1,889 ft²
Price per ft²: $1,509/ft²
Unit: 11DN

Building & community

Type: Condo
Year built: 1974
HOA fee: $2,663/mo
County: Miami-Dade

Lot & exterior

Waterfront: Yes

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest): $14,411
Property taxes (est.): $2,613
Home insurance (est.): $600
Flood insurance (est.): —
HOA fee: $2,663

Estimated total$20,287*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?

Building structural health (SIRS)

No filing record found

We couldn't find a SIRS filing record for this building in Florida's public DBPR database. That is not a red flag by itself: buildings under three stories are exempt, recent or mailed-in filings may not appear yet, and the name or address on file may differ from this listing.

Questions about this

What is a SIRS and why does it matter?

Since the Surfside collapse, Florida requires condo and co-op buildings three stories or taller to complete a Structural Integrity Reserve Study: an inspection-based plan that forces the association to fund structural repairs (roof, load-bearing walls, plumbing, electrical) instead of deferring them. It matters because underfunded buildings are the ones that surprise owners with large special assessments.

Has this building filed its SIRS?

We didn't find a filing record for this building in the DBPR's public database. Absence of a record does not mean the building is out of compliance — it may be exempt (under three stories), the filing may be recent or on paper, or the recorded name/address may differ. It IS the right question to ask before offering.

What is a special assessment?

A one-off charge the association levies on every owner when reserves don't cover a needed repair — in older coastal buildings they have ranged from a few thousand to over $100,000 per unit. The SIRS exists precisely to make these predictable and funded in advance. Always review the building's budget, reserves and meeting minutes before buying.

What should I check before buying in this building?

Florida law gives buyers the right to review the association's SIRS, milestone inspection reports, budget and reserves — the full study is available from the association by written request. Nilyan requests and walks through these documents with her buyers as part of the offer process.

Source: Florida DBPR public SIRS reporting database. Filing status is self-reported by the association; this is not an audit, inspection or safety certification, and absence of a record does not mean non-compliance. Data as of July 30, 2026.

Want the full structural picture of this building before you offer?