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The Roebling Index · Miami
Published by The Roebling Team at Compass · Corey Cohen, NY Licensed Associate Real Estate Broker
Miami·Key Biscayne·Condominium

Grapetree Townhouse

265 Grapetree Drive, Key Biscayne, FL 33149

Folio 2452040120001

At a glance
Year built
1974
Residences
70
Building area
98,280 sq ft
Median residence
1,404 sq ft
FEMA flood zone
Zone AE · BFE 8 ft
Latest arms-length sale
$1,075,000 · Feb 2026
Median sale (10 yr)
$895,000
Recorded transfers
374
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Grapetree Townhouse is a 70-residence condominium building at 265 Grapetree Drive, on Key Biscayne. County records list 1974 as the year built. It has a median residence of 1,404 square feet.

The recorded market runs to 234 arms-length sales since 1976, an annual turnover rate of 3.9 percent of the building over the past decade, and a median of $130 per square foot. Across 164 same-unit resales, 91 percent sold above their prior recorded price, with a median gain of 52 percent over a median hold of 7.2 years. The 9 sales since 2023 carry a median of $819 per square foot, against a record that opens in 1976 and spans several market cycles.

Selling, buying or moving?

Own a residence at Grapetree Townhouse? See what it would sell for.

Choose what fits: a property-specific pricing review informed by local transaction records and market research, a conversation about buying in this market, or help planning a move between markets. Local representation is coordinated where appropriate.

Prefer to speak directly? Schedule a consultation →
Corey Cohen, Licensed Associate Real Estate Broker · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com

At a glance

Condominium: The condominium is named Grapetree Townhouse Condominium.

Building type: Townhouse-style condominium community

Units: 70

Height: Townhouse buildings

Unit sizes: Two-bedroom plans of about 1,400 square feet

Amenities: Clubhouse, community pool, fitness room, vehicle wash area and playground.

Dues: Cover grounds, building maintenance, roof, property insurance, water, sewer, trash, cable and internet

Source: The Roebling Research Desk.

Why Grapetree Townhouse matters

Grapetree is a townhouse-style community of 70 units, built in 1974 on Key Biscayne. A townhouse has a private entry, with grounds and roof maintained by the association.

Key Biscayne and the Grapetree Drive location

Key Biscayne sits between Biscayne Bay and the Atlantic, with Crandon Park, its beach and its tennis center at the north end, and Bill Baggs Cape Florida State Park and its lighthouse at the south end. The village center runs along Crandon Boulevard; Grapetree Drive is in the village. Brickell and Downtown are reached by the causeway; the drive time varies with traffic, particularly on weekends when the beach parks fill.

Ask for the flood zone and elevation certificate, and get insurance quotes before an offer.

Architecture and unit composition

The complex is a set of attached townhouse buildings completed in 1974. Verify bedroom counts and parking arrangements by unit.

Renovation. Ask what each unit has had renovated. Verify permits for any renovation work, including impact windows and electrical upgrades.

Building operations

Grounds, building exteriors and the roof are maintained by the association, and the community runs a clubhouse, pool and fitness room. Ask about the management structure, on-site staffing and hours.

Ask whether the Grapetree buildings fall under Florida's milestone inspection and structural integrity reserve study rules, and ask for the reserve funding schedule. Also ask for the current budget, the insurance program and any pending special assessment.

Policy framework

Pet, rental and minimum-lease rules are set by the association; confirm at offer stage.

Sales context

One recorded sale, February 2026, closed at $1,075,000. It is one sale, not a building price. Pricing varies with size, condition and renovation.

Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.

What to know if you're buying at Grapetree Townhouse

Know what you are buying. Verify the address, the unit's plan and any garage or parking rights.

Get insurance quotes first. Ask about flood, wind and the association's master policy.

Read the reserve documents. Request the reserve study, inspection report, budget and financial statements.

What to know if you're selling at Grapetree Townhouse

Document renovations. Permits, product approvals for windows and records of updates answer a buyer's first questions.

Have the association documents ready. A complete package shortens diligence.

Comparable buildings

  • Mar-Azul — an 11-story, 126-residence oceanfront condominium at 600 Grapetree Drive, built in 1974.
  • Key Colony — a large Key Biscayne condominium community.
  • Villa Regina — a 30-floor bayfront tower at 1581 Brickell Avenue with 200 residences, built in 1982.

The neighborhood

For the full neighborhood — its buildings and recorded pricing — read The Roebling Index guide to Key Biscayne.

Run the numbers

Related guides

Recorded sales history

Recorded transfers for this building in Miami-Dade County public records, back to Feb 1976. Prices reflect the recorded consideration; transfers the Property Appraiser does not qualify as arms-length are shown unmarked. Nominal-consideration paper transfers (deeds into trusts and LLCs, estate and family transfers, corrective deeds) are part of the record but not sales, and are omitted from this table. Recording lags closing, so the newest sales can take several weeks to appear.

DateResidenceSizePriceArms-length
Feb 20261101,404 sf$1,075,000✓
Dec 20253131,404 sf$1,116,000✓
Jul 20251081,404 sf$1,165,000✓
May 20251191,404 sf$1,150,000✓
May 20251251,404 sf$1,090,000✓
Mar 20254081,404 sf$1,200,000✓
Jun 20242071,404 sf$975,000✓
May 20242111,404 sf$1,160,000✓
Feb 20243131,404 sf$187,000
May 20231111,404 sf$1,165,100✓
Oct 20221111,404 sf$1,000,000✓
Oct 20224151,404 sf$990,000✓
May 20221191,404 sf$1,200,000✓
Feb 20223141,404 sf$960,000✓
Dec 20211251,404 sf$895,000✓
Sep 20212091,404 sf$875,000✓
May 20213141,404 sf$845,000✓
Apr 20214151,404 sf$670,000✓
Feb 20214161,404 sf$616,000✓
Dec 20202131,404 sf$800,000✓
Jul 20204121,404 sf$600,000✓
Jul 20202011,404 sf$650,000✓
Jul 20204081,404 sf$750,000✓
May 20201181,404 sf$690,000
Dec 20194021,404 sf$725,000✓
May 20183071,404 sf$725,000✓
May 20183051,404 sf$765,000✓
May 20171071,404 sf$790,000✓
Apr 20171091,404 sf$808,000✓
Jul 20162111,404 sf$600,000
Nov 20154031,404 sf$204,000
Oct 20154161,404 sf$765,000✓
Apr 20152091,404 sf$800,000✓
Nov 20143141,404 sf$820,000✓
Oct 20143021,404 sf$790,000✓
Mar 20141161,404 sf$653,000✓
Aug 20131161,404 sf$510,000
May 20133101,404 sf$675,000✓
Jan 20131071,404 sf$640,000✓
Nov 20121121,404 sf$615,000✓
Sep 20124141,404 sf$575,000✓
Jul 20122061,404 sf$750,000✓
Jan 20122111,404 sf$600,000✓
Sep 20111021,404 sf$533,000✓
Aug 20114031,404 sf$595,000✓
Jul 20111271,404 sf$505,000
Apr 20114081,404 sf$445,000
Apr 20111271,404 sf$372,000
Mar 20113091,404 sf$475,000✓
Mar 20112101,404 sf$455,000
Nov 20104091,404 sf$460,000✓
Sep 20102081,404 sf$480,000✓
Aug 20102101,404 sf$275,100
Nov 20091251,404 sf$590,000✓
Sep 20092021,404 sf$590,000✓
May 20093141,404 sf$630,000
Oct 20084141,404 sf$631,000✓
Sep 20083121,404 sf$665,000✓
Apr 20083021,404 sf$700,000✓
Aug 20071251,404 sf$650,000✓
Jun 20071271,404 sf$600,000✓
Jun 20071091,404 sf$720,000✓
Jan 20074021,404 sf$720,000✓
Nov 20063101,404 sf$680,000✓
Sep 20062101,404 sf$720,000✓
May 20061271,404 sf$680,000✓
Mar 20064141,404 sf$675,000
Mar 20064141,404 sf$675,000
May 20051241,404 sf$625,000✓
Mar 20053111,404 sf$650,000✓
May 20041091,404 sf$457,500✓
Sep 20031051,404 sf$412,000✓
Dec 20022111,404 sf$438,000✓
Nov 20024121,404 sf$447,000✓
Nov 20023141,404 sf$380,000✓
Sep 20024091,404 sf$370,000✓
Jun 20022021,404 sf$412,000✓
Jun 20021041,404 sf$375,000✓
May 20024031,404 sf$370,000✓
Jan 20021121,404 sf$350,000✓
Oct 20013061,404 sf$405,000✓
May 20013111,404 sf$380,000✓
Feb 20014161,404 sf$380,000✓
Dec 20002111,404 sf$332,500✓
Sep 20003131,404 sf$315,000✓
Aug 20003101,404 sf$305,000✓
May 20002061,404 sf$285,000✓
May 20001011,404 sf$279,000✓
Apr 20004031,404 sf$190,000✓
Jan 20004101,404 sf$305,000✓
Aug 19991151,404 sf$287,500✓
Jun 19993121,404 sf$280,000✓
May 19991221,404 sf$225,000✓
Apr 19992101,404 sf$240,000✓
Jan 19991251,404 sf$235,000✓
Jul 19984081,404 sf$235,000✓
Jun 19982091,404 sf$220,000✓
Mar 19981171,404 sf$225,000✓
Feb 19982141,404 sf$240,000✓
Feb 19981011,404 sf$230,000✓
Jan 19984131,404 sf$236,000✓
Jun 19973061,404 sf$237,000✓
May 19972131,404 sf$242,100✓
May 19972111,404 sf$223,000✓
May 19971111,404 sf$150,000
Feb 19971191,404 sf$220,000✓
Jun 19963121,404 sf$285,000✓
Jan 19963081,404 sf$275,000✓
Aug 19954121,404 sf$250,000✓
Aug 19954021,404 sf$215,000✓
Mar 19953101,404 sf$250,000✓
Sep 19941031,404 sf$210,000✓
Aug 19944101,404 sf$270,000✓
Jul 19941151,404 sf$280,000✓
Jul 19941081,404 sf$220,000✓
Mar 19934081,404 sf$213,400✓
Oct 19924101,404 sf$250,000✓
Sep 19921211,404 sf$180,000✓
Jul 19921151,404 sf$225,000✓
Jun 19921021,404 sf$200,000✓
Feb 19923081,404 sf$199,000✓
Nov 19913131,404 sf$215,000✓
Aug 19913121,404 sf$215,000✓
Sep 19901161,404 sf$190,000✓
Mar 19904161,404 sf$193,000✓
Aug 19893061,404 sf$265,000✓
Jun 19892061,404 sf$205,000✓
May 19892141,404 sf$199,000✓
Mar 19894131,404 sf$189,000✓
Mar 19891071,404 sf$175,000✓
Jan 19894031,404 sf$190,000✓
Dec 19884051,404 sf$133,636
Oct 19882031,404 sf$170,000✓
Aug 19883081,404 sf$160,000✓
Aug 19882081,404 sf$155,000✓
Jul 19883061,404 sf$167,000✓
Jun 19883011,404 sf$177,000✓
May 19884081,404 sf$138,000✓
Apr 19883021,404 sf$175,000✓
Feb 19881101,404 sf$160,000✓
Nov 19872071,404 sf$160,000✓
Aug 19872131,404 sf$168,000✓
Jul 19874131,404 sf$160,000✓
Jul 19874121,404 sf$157,000✓
Jul 19871131,404 sf$136,000✓
Jun 19873131,404 sf$165,000✓
Jun 19873111,404 sf$165,000✓
Jun 19872101,404 sf$151,000✓
May 19871171,404 sf$150,000✓
Mar 19871191,404 sf$158,000✓
Oct 19864051,404 sf$150,000✓
Jul 19864101,404 sf$150,000✓
Jul 19861181,404 sf$145,000✓
Jun 19864161,404 sf$132,500✓
Mar 19864121,404 sf$140,000✓
Oct 19851251,404 sf$140,000✓
Aug 19851091,404 sf$130,000
Jun 19852141,404 sf$159,000✓
Jan 19852021,404 sf$135,000✓
Aug 19841081,404 sf$157,000✓
Apr 19843081,404 sf$147,500✓
Mar 19841131,404 sf$160,000✓
Aug 19834151,404 sf$150,000✓
Aug 19831101,404 sf$155,000✓
Jul 19834041,404 sf$160,000✓
Jul 19831191,404 sf$155,500✓
Jun 19833021,404 sf$150,000✓
May 19831031,404 sf$157,500✓
Dec 19821091,404 sf$150,000✓
Nov 19823131,404 sf$165,000✓
Jul 19823021,404 sf$160,000✓
Oct 19812131,404 sf$185,000✓
Oct 19811161,404 sf$175,000✓
Jul 19811071,404 sf$160,000
May 19813111,404 sf$191,000✓
May 19811181,404 sf$165,000
May 19811011,404 sf$150,000
Mar 19811111,404 sf$180,000✓
May 19804101,404 sf$180,000✓
Jan 19801211,404 sf$70,000✓
Aug 19793011,404 sf$160,000✓
Aug 19792131,404 sf$150,000✓
Aug 19791111,404 sf$150,300✓
Jun 19794101,404 sf$140,000✓
Jun 19791161,404 sf$150,000✓
Apr 19793021,404 sf$140,000✓
Apr 19793011,404 sf$140,000✓
Mar 19791241,404 sf$125,500✓
Jan 19791081,404 sf$137,000✓
Dec 19782071,404 sf$125,000✓
Dec 19781261,404 sf$128,000✓
Dec 19781191,404 sf$127,500✓
Nov 19782141,404 sf$132,000✓
Nov 19781151,404 sf$115,000✓
Nov 19781121,404 sf$135,000✓
Oct 19781171,404 sf$132,000✓
Jan 19784081,404 sf$111,000✓
Jan 19781141,404 sf$130,000✓
Nov 19771261,404 sf$95,000✓
Oct 19771251,404 sf$108,000✓
Apr 19773011,404 sf$106,000✓
Mar 19771171,404 sf$86,000✓
Feb 19771031,404 sf$104,000✓
Jan 19771091,404 sf$10,000
Oct 19764081,404 sf$70,900✓
Oct 19761031,404 sf$71,400✓
Aug 19764031,404 sf$71,400✓
Aug 19762121,404 sf$77,200✓
Aug 19761221,404 sf$69,900✓
Jul 19763111,404 sf$70,400✓
Jul 19763061,404 sf$73,400✓
Jul 19762051,404 sf$68,900✓
Jul 19761271,404 sf$71,400✓
Jul 19761241,404 sf$69,400✓
Jul 19761201,404 sf$72,400✓
Jul 19761131,404 sf$72,400✓
Jul 19761081,404 sf$73,400✓
Jul 19761041,404 sf$70,400✓
Jun 19764051,404 sf$70,833✓
Jun 19764041,404 sf$70,900✓
Jun 19764021,404 sf$70,900✓
Jun 19764011,404 sf$70,400✓
Jun 19763051,404 sf$70,900✓
Jun 19763041,404 sf$67,900✓
Jun 19762121,404 sf$70,900✓
Jun 19762091,404 sf$69,900✓
Jun 19762071,404 sf$73,400✓
Jun 19762041,404 sf$72,900✓
Jun 19761211,404 sf$69,900✓
Jun 19761181,404 sf$72,900✓
Jun 19761161,404 sf$71,400✓
Jun 19761101,404 sf$68,900✓
Jun 19761011,404 sf$70,900✓
May 19764161,404 sf$70,400✓
May 19764151,404 sf$70,400✓
May 19764091,404 sf$69,900✓
May 19763141,404 sf$72,400✓
May 19763131,404 sf$67,900✓
May 19763101,404 sf$70,400✓
May 19763081,404 sf$69,900✓
May 19763071,404 sf$67,900✓
May 19763031,404 sf$71,400✓
May 19762131,404 sf$66,900✓
May 19762111,404 sf$72,667✓
May 19762101,404 sf$68,400✓
May 19762081,404 sf$69,900✓
May 19762061,404 sf$70,400✓
May 19762021,404 sf$66,400✓
May 19762011,404 sf$70,400✓
May 19761251,404 sf$70,900✓
May 19761231,404 sf$66,400✓
May 19761191,404 sf$71,400✓
May 19761171,404 sf$70,900✓
May 19761151,404 sf$71,400✓
May 19761141,404 sf$70,400✓
May 19761121,404 sf$69,400✓
May 19761071,404 sf$70,400✓
May 19761051,404 sf$69,900✓
Apr 19764121,404 sf$67,900✓
Apr 19764111,404 sf$68,400✓
Apr 19764071,404 sf$70,400✓
Apr 19763121,404 sf$70,900✓
Apr 19763091,404 sf$68,900✓
Apr 19762031,404 sf$71,400✓
Apr 19761261,404 sf$70,900✓
Apr 19761021,404 sf$68,400✓
Mar 19764141,404 sf$71,633✓
Mar 19764061,404 sf$71,400✓
Mar 19762141,404 sf$71,400✓
Feb 19764131,404 sf$73,400✓

✓ = qualified arms-length per the Miami-Dade Property Appraiser. 104 nominal-consideration paper transfers omitted.

This page reflects publicly available information compiled by The Roebling Research Desk. Specific building details should be confirmed with the association during due diligence; the recorded Declaration of Condominium, the current building budget, the current tax bill, the structural integrity reserve study and milestone-inspection status should be reviewed for any specific transaction. © 2026 The Roebling Team at Compass.

Considering a move at Grapetree Townhouse?

Request a private building brief with the relevant recorded sales, current and off-market availability, and an apartment-specific view of value.

Prefer to speak directly? Schedule a consultation →
Corey Cohen, Licensed Associate Real Estate Broker · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com

Building facts and sales records are compiled from Miami-Dade County public records (Property Appraiser) and reviewed against recognized architectural references. Figures are reported as recorded and may be updated as the county updates its records. This page is informational and is not an offer or solicitation. Apartment estimates are automated, from public records, and are not appraisals.

A note on representation

The Roebling Team at Compass is led by Corey Cohen, a New York licensed associate real estate broker. For a purchase or sale in Miami, we introduce you to a licensed Compass agent there by referral and handle the New York side of your move ourselves. This page and its calculators are research, not an offer of representation.

To plan a move between Manhattan and Miami, schedule a consultation; where appropriate we’ll introduce you to a vetted Compass agent in the local market.