NOT LISTED FOR SALE

Estimated Value: $1,394,000 - $1,926,000

2 Beds
2 Baths
1,642 Sq Ft
$1,684/mo HOA Fee

Last Sold May 09, 2022

Last sale price $1,700,000 $1,035 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $11,951/month

20 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Fitness Center
  • Key Biscayne K-8 Center Rated A-
  • Private Beach Pavilion
  • Clubhouse

About This Home

As of May 2022

The Grove Isle revival is here. This unit is one of the rarely available and highly sought after even lines from tower 1. This 2 bedroom unit has been converted into a very large 1 bedroom + den. Located in one of the most exclusive private islands in South Florida. Direct water views from all angles with priceless sunsets. Deep 9 foot balcony is perfect for dining al fresco and additional living space. The unit is being sold turn-key fully decorated and furnished by the world renown Poltrona Frau from Italy. This is resort lifestyle living with unmatched security and service on the island.***Watch property video under virtual tour***

Last Agent to Sell the Property

Sarkis Anac

Anac Global Realty, LLC License #3230731 Listed on: 03/24/2022

Last Buyer's Agent

Silvano Gonzalez

BHHS EWM Realty License #0702438

BHHS EWM Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,414

Year Built

  • Built in 1979

Lot Details

  • Southeast Facing Home

HOA Fees

  • $1,684 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Assigned Parking

Home Design

  • Entry on the 11th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,642 Sq Ft Home
  • Furnished
  • Built-In Features
  • Vaulted Ceiling
  • Blinds
  • Tile Flooring

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access
  • Seawall

Schools

  • Coconut Grove Elementary School
  • Ponce De Leon Middle School
  • Coral Gables High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-41-14-015-0950

Community Details

Overview

  • High-Rise Condominium
  • Grove Isle Condos
  • Grove Isle Condo Subdivision
  • Car Wash Area
  • 18-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Community Barbecue Grill
  • Clubhouse
  • Billiard Room
  • Community Center
  • Party Room
  • Interior Hall
  • Bike Room

Recreation

  • Private Beach Pavilion
  • Community Playground
  • Bike Trail

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Security Guard
  • Complete Accordion Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,414

Year Built

Built in 1979

Lot Details

0

HOA Fees

$1,684 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1979
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 11
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access,Restricted Salt Water Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: GROVE ISLE CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Interior Hall, Lobby, Built-in Features, Closet Cabinetry, Volume Ceilings, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Furnished
  • Living Area: 1642
  • Possible Use: Secondary
  • Stories: 18
  • Window Features: Complete Accordian Shutters, Hurricane Shutters, Blinds
  • Bedroom Features: Entry Level
  • Master Bathroom Features: Separate Tub & Shower

Exterior Features

  • View: Ocean View, Direct Ocean, Water View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Southeast
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front, Seawall
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Grove Isle
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Assigned, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, Doorman, Guard At Site, Security Patrol

Condo/Co-op/Association

  • Association Fee: 1684
  • Amenities: Bike/Jog Path, Bike Storage, Billiard Room, Barbecue, Clubhouse-Clubroom, Community Room, Exercise Room, Child Play Area, Pool, Private Beach Pavilion, Tennis Court(s), Vehicle Wash Area
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Coconut Grove
  • High School: Coral Gables
  • Middle Or Junior School: Ponce De Leon

Lot Info

  • Parcel Number: 01-41-14-015-0950
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 1684

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 10414

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2022
Closed on
May 9, 2022
Sold by
John J Yeager Revocable Trust
Bought by
Smith Elizabeth
Seller's Agent
Sarkis Anac
Anac Global Realty, LLC
Buyer's Agent
Silvano Gonzalez
BHHS EWM Realty
List Price
$1,700,000
Sold Price
$1,700,000
Current Estimated Value
$1,646,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$53,975
Avg. Annual Appreciation
-0.94%

Purchase Details

Listed on
Feb 16, 2018
Closed on
Feb 28, 2019
Sold by
Shore Mark and Danner Stephen
Bought by
Yeager John J
Seller's Agent
David Sporn
Coldwell Banker Realty
Buyer's Agent
Sarkis Anac
Anac Global Realty, LLC
List Price
$749,000
Sold Price
$625,000
Premium/Discount to List
-$124,000
-16.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.84%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Smith Elizabeth $1,700,000 New Title Company Name
Yeager John J $625,000 Miami Title Group Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/09/2022 05/09/22 Sold $1,700,000 0.0% $1,035 / Sq Ft
04/13/2022 04/13/22 Pending -- -- --
03/24/2022 03/24/22 For Sale $1,700,000 +172.0% $1,035 / Sq Ft
02/28/2019 02/28/19 Sold $625,000 -10.6% $381 / Sq Ft View Prior Sale
01/18/2019 01/18/19 Pending -- -- --
06/14/2018 06/14/18 Price Changed $699,000 -6.7% $426 / Sq Ft
02/12/2018 02/12/18 For Sale $749,000 -- $456 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $18,477 $1,014,530 -- --
2024 $18,057 $922,300 -- --
2023 $18,057 $878,400 $0 $0
2022 $12,084 $539,167 $0 $0
2021 $10,414 $490,152 $0 $0
2020 $12,282 $576,650 $0 $0
2019 $12,309 $576,650 $0 $0
2018 $12,714 $607,000 $0 $0
2017 $6,985 $371,494 $0 $0
2016 $7,033 $363,854 $0 $0
2015 $7,113 $361,325 $0 $0
2014 $7,195 $358,458 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11178308

MIAMI REALTORS® MLS

APN: 01-4114-015-0950