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Active Under ContractMLS listing sourceMIAMI REALTORS® MLS
Active Under ContractMLS® A11968667
$3,599,000

600 Grapetree Drive 11BN, Key Biscayne, FL 33149

Beds
3
Baths
3
Sqft
3,711
Est. payment$27,484/mo
Home type
Condominium
Year built
1974
Lot size
—
Price / sqft
$970
HOA
$3,266/mo
Community
MAR-AZUL CONDO

Property description

Now with significant price repositioning.Stunning penthouse with ocean views and Key Biscayne shoreline. Three bedrooms, 3 baths. 3711 sq. ft. The bright and airy living room seamlessly integrates with the dining area, featuring floor-to-ceiling windows that flood the space with natural light. Enjoy culinary delights in the state-of-the-art kitchen, equipped with top-of-the-line appliances, custom cabinetry, and a generous island for casual dining.The master bedroom offers a private oasis with panoramic water views, two walk-in closets, and an en-suite bathroom featuring dual vanities, and a glass-enclosed shower.Two additional well-appointed bedrooms provide comfort and privacy, each with its own stylish bathroom. Laundry room and storage unit Residents have access to a private pool, fitness center, and beach access, ensuring a lifestyle of convenience and leisure.This penthouse is a rare gem, offering an unparalleled blend of luxury, comfort, and beachside living. Don’t miss your chance to own a piece of paradise in Key Biscayne.

Listing activity

Days on market
232
Listed
Feb 19, 2026
MLS listing updated
Oct 31, 2026
Feed last checked
7 minutes ago

Listed by Victoria M Zamorano · Realty One Group Evolution

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
3
Bathrooms
3
Bathrooms (decimal)
3
Full bathrooms
3
Half bathrooms
0

Rooms & features

Rooms
2
Interior features
Bar, Built-in Features, Closet Cabinetry, Elevator, Entrance Foyer, Storage, Walk-In Closet(s)
Flooring
Tile, Wood
Appliances
Electric Water Heater, Dishwasher, Disposal, Dryer, Electric Range, Ice Maker, Microwave, Oven, Refrigerator, Washer
Laundry
Laundry Tub
Window features
Blinds, Single Hung Metal

Heating & cooling

Heating
Central
Cooling
Ceiling Fan(s), Central Air, Electric
Property

Parking

Garage spaces
2
Garage
Yes
Covered spaces
2
Parking features
Attached, Attached Garage, Covered, Garage, Under Building
Attached garage
Yes

Exterior

Stories
11
Building area
3,711 sqft
Exterior features
None
View
Direct Ocean, Skyline
Waterfront
Ocean Access, Deeded Beach Access, Ocean
Waterfront property
Yes
Construction

Type & style

Home type
Condominium
Year built
1974
New construction
No

Materials

Construction
CBS
Property condition
Updated/Remodeled, Resale
Faces
East
Utilities & green energy

Utilities

Electric
Circuit Breakers
Utilities
Cable Available
Community & HOA

Community

Subdivision
MAR-AZUL CONDO
MLS area
2520
Security
Elevator Secure, Security Fence, Security System
Pets allowed
Yes
55+ community
No

Association

Has association
Yes
Association fee
$3,266 monthly
Estimated monthly dues
$3,266
Amenities
Maintenance, Pool, Bar, Bike Storage, Clubhouse, Community Room, Elevator(s), Fitness Center, Kitchen Facilities, Management, Picnic Area, Storage, Trash Chute
Services included
Common Areas, Elevator, Maintenance Grounds, Maintenance Structure, Security, Trash, Water
Lease details

Not reported by the listing source.

Location

Area details

City
Key Biscayne
County
Miami-Dade
ZIP code
33149
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A11968667
Possession
Close Of Escrow, Negotiable
Original list price
$3,874,000
Parcel number
2452040110270
Annual property tax
$44,928
Tax year
2025
Tax legal description
MAR AZUL CONDO UNIT 11B-N UNDIV .9398% INT IN COMMON ELEMENTS OFF REC 8791-1293 COC 26166-4451 01 2008 1
Additional MLS details

Reported by the listing source

Association Amenities
Maintenance, Pool, Bar, Bike Storage, Clubhouse, Community Room, Elevator(s), Fitness Center, Kitchen Facilities, Management, Picnic Area, Storage, Trash Chute
Association Fee Frequency
Monthly
Association Fee Includes
Common Areas, Elevator, Maintenance Grounds, Maintenance Structure, Security, Trash, Water
Association
Yes
Bathrooms Total Decimal
3
Bathrooms Total Integer
3
Building Area Total
3711
Construction Materials
CBS
County Or Parish
Miami-Dade
Days On Market
232
Direction Faces
East
Elementary School
Key Biscayne K-8
High School
Coral Gables
Laundry Features
Laundry Tub
List Price
3599000
Listing Contract Date
2026-02-19
Living Area
3711
MLSArea Major
2520
Middle Or Junior School
Ponce De Leon
Mls Status
Active Under Contract
On Market Date
2026-02-19
Photos Count
45
Postal Code
33149
Price Change Timestamp
2026-09-06T17:37:20Z
Property Sub Type
Condominium
Property Type
Residential
Rooms Total
2
Security Features
Elevator Secure, Security Fence, Security System
Senior Community
No
Standard Status
Active Under Contract
State Or Province
FL
Status Change Timestamp
2026-10-09T21:15:22Z
Stories Total
11
Subdivision Name
MAR-AZUL CONDO
Waterfront Features
Ocean Access, Deeded Beach Access, Ocean
Tax Annual Amount
44928
Bathrooms Full
3
Bedrooms Total
3
Bathrooms Half
0
Financial Information: Estimated Monthly Assoc Recurring Fee
3266

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Feb 19, 2026ListedMIAMI REALTORS® MLS$3,874,000$1,044/sqft
Sep 6, 2026Price reducedMIAMI REALTORS® MLS$3,599,000$970/sqft

Public tax history

YearProperty taxesAssessment
2025$44,928—

Payment calculator

Estimated monthly payment$27,484/moIllustrative estimate, not a loan offer.
Principal & interest
$18,674
Property taxes
$3,744
Insurance
$1,800
Association dues
$3,266

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

MAR-AZUL CONDO

Key Biscayne · Miami-Dade County · 33149

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Key Biscayne K-8Elementary
—
Ponce De LeonMiddle
—
Coral GablesHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

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MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of Realty One Group Evolution. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.