Mar Azul Condos — Key Biscayne

600 Grapetree Dr, Key Biscayne, FL 33149 · Key Biscayne

3 for sale3 for rent$1.9M – $2.9M$1,001 / sqft median

About Mar Azul

Rising 11 stories at 600 Grapetree Dr in Key Biscayne, Mar Azul is a condominium tower, built in 1974 with 124 residences.

Today 3 units are on the market, priced from $1.9M up to $2.9M (a median $1,001 per square foot). By size: 1 two-bedroom from $1.9M and 2 three-bedrooms from $2.3M. For renters, 3 units are available on annual leases from $6,600 to $16,000 a month.

Over the past twelve months 3 units closed at a median $1.7M ($900/sq ft), typically going under contract in about 98 days.

Residents enjoy a fitness center, a pool, complex fenced, guard at site, a clubhouse and community.

Mar Azul Building Facts

The Building

Address
600 Grapetree Dr, Key Biscayne, FL 33149
Neighborhood
Key Biscayne
City
Key Biscayne, FL 33149
County
Miami-Dade County
Year built
1974
Stories
11
Residences
124
Bedrooms
2 – 3 bedrooms
Bathrooms
2 – 3 baths
Construction
CBS Construction
Legal name
Mar-Azul Condominium

Ownership Costs & Rules

HOA fees
$2,115 – $3,300/mo
HOA average
$2,693/mo
HOA per sq ft
$1.28/sq ft per month
HOA includes
All Amenities, Building Exterior, Common Area, Elevator, Pool Service, Manager, Trash Removal
Pets
Allowed
Leasing
12 months minimum · up to 1× a year

Market — Last 12 Months

Closed sales
3
Median sold price
$1.7M
Median sold $/sq ft
$900
Median days on market
98 days

Views, Parking & Security

Waterfront
Yes
Views
Ocean, Bay, Water, Canal
Parking
1 Space, Assigned, Covered
Security
Complex Fenced, Guard At Site, Doorman, Walled

HOA, pet and leasing details are read from current MLS listings in the building and can vary by unit — confirm with the association before you buy.

Mar Azul Amenities

Pool, Spa & Fitness

  • Exercise Room
  • Pool

Security & Access

  • Guard At Site
  • Doorman
  • Card Entry
  • Gated
  • Gated Community
  • Gated with Guard

Social & Leisure

  • Clubhouse
  • Barbecue
  • Clubhouse-Clubroom

Services & Building

  • Elevator(s)
  • Management On Site
  • Bike Storage
  • Elevator Secure

More Amenities

  • Complex Fenced
  • Community
  • In Ground
  • Kitchen Facilities
  • Walled
  • Activity Room
  • Additional Amenities
  • Fire Alarm
  • Fire Sprinklers

Mar Azul Residence Features

  • Dishwasher
  • Dryer
  • Electric Range
  • Microwave
  • Washer
  • Disposal
  • Elevator
  • Ocean View
  • Open Balcony
  • Refrigerator
  • Tile
  • Walk-In Closet(s)
  • Bay
  • Blinds
  • Closet Cabinetry
  • Complete Impact Glass
  • Cooking Island
  • Electric Water Heater
  • Marble
  • Wall Oven
  • Water View
  • Built-in Features
  • Canal
  • Ceramic Floor

Features vary by residence — confirm details for any specific unit with us.

Floor Plans & Residences at Mar Azul

Residence configurations observed across current and recent Mar Azul listings:

ResidenceSize RangeFor SaleFor RentSale PricingAvg $/SqFt
2 Bed / 2 Bath1,670–1,888 sqft11$1.9M$1,001
3 Bed / 2 Bath1,889–1,900 sqft1—$2.9M$1,509
3 Bed / 3 Bath2,281–3,711 sqft12$2.3M$912

Derived from live MLS data — request official floor plans and we'll send the developer set for your line.

Mar Azul Listings

Mar Azul Market Report

Over the last 12 months, 3 condo sales closed in Mar Azul at a median of $1.7M ($900/sqft), median 98 days on market. Computed from recorded MLS closings; updates automatically.

0$2.5M$5.0MNovDecJanFebMarAprMayJunJulAugSepOctJun: $1.7M (1 sales)Aug: $1.4M (1 sales)Sep: $2.9M (1 sales)$1.7M$2.9M
$1.7M
Median (12 mo)
3
Sales (12 mo)
98 days
Median DOM

Last 12 Months by Bedroom Count

ResidenceSalesMedian SoldSold $/SqFtDOMLeasesMedian RentRent $/SqFt
2 Bed1$1.4M$838102———
3 Bed2$2.9M$98598———
Month-by-month table — All
MonthSalesMedian SoldSold $/SqFtDOMLeasesMedian RentRent $/SqFt
Nov 2025———————
Dec 2025———————
Jan 2026———————
Feb 2026———————
Mar 2026———————
Apr 2026———————
May 2026———————
Jun 20261$1.7M$90067———
Jul 2026———————
Aug 20261$1.4M$838102———
Sep 20261$2.9M$98598———
Oct 2026———————

Mar Azul Location & Address

Address

600 Grapetree Dr, Key Biscayne, FL 33149

Key Biscayne · Key Biscayne · Miami-Dade County

Get directions

Mar Azul — Frequently Asked Questions

What do condos at Mar Azul sell for?

Current asking prices run $1.9M–$2.9M across 3 listings. Closed sales over the past year had a median of $1.7M, or $900 per square foot. Typical sale prices: three-bedrooms $2.9M. Exact value depends on floor, line, view and finish.

Are there condos for sale at Mar Azul right now?

Yes — 3 residences are for sale, the least expensive at $1.9M. Mix: 1 two-bedroom and 2 three-bedrooms. 3 units are also available for rent.

How much is rent at Mar Azul?

3 units are available to lease today. Minimum lease terms are set by the association — ask us for Mar Azul’s current rental policy.

Are prices going up at Mar Azul?

Units that sold took a median 98 days to go under contract. 3 sales closed in the last year.

When was Mar Azul built?

Mar Azul was completed in 1974 and has 11 stories and 124 residences.

Where is Mar Azul located?

Mar Azul is at 600 Grapetree Dr, Key Biscayne, FL 33149, in Key Biscayne.

Living at Mar Azul: Summary

Mar Azul is a condominium in Key Biscayne, Key Biscayne, FL 33149 (Miami-Dade County). At last update: 3 for sale, 3 for rent and 3 sold in the past year. For a private showing, off-market availability or a valuation of your unit at Mar Azul, call Matthew Gromadzki at +1 786-370-8570.