600 Grapetree Dr, Key Biscayne FL 33149, Key Biscayne
$2,900,000
Key Biscayne, FL, 33149
Property details
- Bedrooms
- 3
- Bathrooms
- 3
- Living area
- 2,943 sqft
- Year built
- 1974
- Type
- Condominium
- Association fee
- $3,267 / monthly
- Days on market
- 44
- MLS #
- A12003348
Listing courtesy of Keller Williams Capital Realty · 305-662-7325. Listing agent: Nordis Forcade-Martin. MLS data last updated 2026-06-03.
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.
600 Grapetree Dr, Key Biscayne FL 33149, Key Biscayne — for sale, listed for $2,900,000 (3 bed, 3 bath, 2,943 sqft).
$985/sqft · 22% percentile · based on 41 3-bed listings for sale in key biscayne (median $1,152/sqft).
Competition for this listing
Right now: 42 active 3-bed listings for sale in key biscayne, median asking price $2,590,000, median $1,152/sqft.
n=42 · 2026-07-30 · Methodology
Asking price vs segment median
$2,900,000 asks 12% above the $2,590,000 median across 42 3-bed listings for sale in Key Biscayne.
n=42 · 2026-07-30 · Methodology
How is this priced?
At $985 per square foot, this listing sits at the 22% percentile of the 41 comparable 3-bed listings for sale in key biscayne on the market right now.
The current median for that group is $1,152/sqft, so this asking price is below the middle of its market.
n=41 · 2026-07-30 · Methodology
Association fee context
The $3,267 association fee compares with a $2,388 median across 37 3-bed listings for sale in key biscayne that report fees.
n=37 · 2026-07-30 · Methodology
Run the numbers
Browse this price segment
n=47 · 2026-07-30 · Methodology
Closest-priced alternatives
The 4 active listings closest in price within the same market segment:
Market intelligence recomputed weekly from the full live MLS feed · 2026-07-30 · Methodology
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