Mar Azul
Mar Azul is a 12-story oceanfront condominium at 600 Grapetree Drive in Key Biscayne, built in 1974 and comprising 127 residences. Positioned at the southern end of the island where Grapetree Drive meets Bill Baggs Cape Florida State Park, the building offers direct beach access along with an oceanfront pool and sundeck, a fitness center, a clubroom, and a barbecue area. Security and service are notable features, with 24-hour guarded and gated entry, an on-site concierge, and dedicated in-house building management. Many residences are served by semi-private elevator lobbies shared with only one or two neighbors, reflecting the building's boutique, low-density character. Covered, assigned parking is also available to residents.
Amenities
- Direct beach access
- Oceanfront swimming pool and sundeck
- Fitness center
- Clubroom / community room
- BBQ and picnic area
- 24-hour security with guarded, gated entry
- Concierge
- In-house building management
- Semi-private elevator lobbies (shared with 1-2 units)
- Assigned covered parking
- Additional storage
Mar Azul sits at the far southern end of Grapetree Drive in Key Biscayne, directly on the Atlantic Ocean and adjacent to Bill Baggs Cape Florida State Park, placing residents next to protected parkland and beachfront on one side of the island.
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Key Biscayne, FL 33149
Available Residences at Mar Azul
3 Bedroom Condos · 5 units
| Unit | Asking Price | Bed(s)/Bath(s) | Living Size | Price/Sq.Ft. | Days on Market |
|---|---|---|---|---|---|
| 11BN | $3,750,000 | 3 / 3 | 3,711 | $1,011 | 152 |
| 10BN | $2,900,000 | 3 / 3 | 2,943 | $985 | 99 |
| 11DN | $2,850,000 | 3 / 2 | 1,889 | $1,509 | 3 |
| 7ES | $2,200,000 | 3 / 3 | 2,281 | $964 | 28 |
| 3DS | $1,990,000 | 3 / 2 | 1,889 | $1,053 | 67 |
2 Bedroom Condos · 1 unit
| Unit | Asking Price | Bed(s)/Bath(s) | Living Size | Price/Sq.Ft. | Days on Market |
|---|---|---|---|---|---|
| 9GN | $1,599,000 | 2 / 2 | 1,670 | $957 | 102 |
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ANALYTICS
CURRENT INVENTORY
INVENTORY BY BEDROOM
- 3 Bed (2) 100%
INVENTORY TREND (ALL UNITS)
Market & Community Report
As of August 12, 2026, Mar Azul carries 2 active listings at an average asking price of $3.3M, with an average time on market of 78 days. Closed sales over the preceding 36 months averaged $868 per sq ft, and 0 transactions closed in the past 12 months — implying — months of supply against the current pace of absorption.
Zip code 33149 (Key Biscayne) is home to 14,628 residents with a median age of 43.2. Per-capita income stands at $106,219; 77.1% hold a bachelor's degree or higher. 69.4% of units are owner-occupied; 34.6% of residents work from home.
Explore the full Key Biscayne market intelligence report — pricing trends, inventory & sales pace →
Data current as of August 12, 2026. Market metrics derived from MLS closed sales; community data from U.S. Census ACS.
Frequently Asked Questions — Mar Azul
How many condos are for sale at Mar Azul?
As of August 12, 2026, 2 residences are actively listed for sale at Mar Azul. Current asking prices range from $2.9M to $3.8M. Inventory updates daily from the MLS.
How much do condos at Mar Azul cost?
Condos at Mar Azul are currently asking from $2.9M to $3.8M. Over the past 36 months, closed sales have averaged $868 per square foot. Final pricing varies by floor, line, square footage, finishes, and view.
What is the average price per square foot at Mar Azul?
Based on MLS closed sales over the preceding 36 months, the average sale price at Mar Azul is $868 per square foot. Use this as a benchmark when comparing active listings in the building.
Where is Mar Azul located?
Mar Azul is located at 600 Grapetree Dr, Key Biscayne, FL, 33149, in the Key Biscayne area.
What neighborhood is Mar Azul in?
Mar Azul is in Key Biscayne, Key Biscayne. You can compare every condo building, home inventory, and price trend across Key Biscayne on its neighborhood guide.
How many units are in Mar Azul?
Mar Azul has 127 residences across 12 stories.
What year was Mar Azul built?
Mar Azul was completed in 1974.
What amenities does Mar Azul offer?
Mar Azul amenities include Direct beach access, Oceanfront swimming pool and sundeck, Fitness center, Clubroom / community room, BBQ and picnic area, 24-hour security with guarded, gated entry, Concierge, In-house building management.