NOT LISTED FOR SALE

Estimated Value: $1,020,000 - $1,587,000

2 Beds
2 Baths
1,642 Sq Ft
$1,496/mo HOA Fee

Last Sold August 17, 2020

Last sale price $575,000 $350 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $9,564/month

623 Days on Market

Highlights

  • Doorman
  • Marina
  • Property has ocean access
  • Key Biscayne K-8 Center Rated A-
  • Ocean View
  • Private Dock

About This Home

As of August 2020

Beautiful South facing views of the bay, dinner key marina, sail boats and downtown Coconut Grove. Enjoy beautiful sunsets from every room of this spacious 2 bedroom, 2 bathroom residence. Features include limestone floors in main living areas and balcony, updated kitchen with stainless steel appliances and sub-zero refrigerator, LED lights, and large master suite with walk-in closet. Enjoy living on a tropical 20 acre island with full services amenities. GREAT INVESTMENT OPPORTUNITY!

Last Agent to Sell the Property

David Sporn

Coldwell Banker Realty License #0340087 Listed on: 11/20/2018

Coldwell Banker Realty

Co-Listed By

Eva Oliver

Coldwell Banker Realty License #3244294

Last Buyer's Agent

Felise Eber

Coldwell Banker Realty License #0576021

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,120

Year Built

  • Built in 1979

Lot Details

  • South Facing Home

HOA Fees

  • $1,496 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Guest Parking
  • Assigned Parking

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,642 Sq Ft Home
  • Furnished
  • Blinds
  • Combination Dining and Living Room
  • Storage Room

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Property is near a marina
  • Attended Boat Services
  • Private Dock

Schools

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

Additional Features

  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-41-14-015-0930

Community Details

Overview

  • 510 Units
  • High-Rise Condominium
  • Grove Isle Condo
  • Grove Isle Condo,Grove Isle Subdivision
  • Car Wash Area
  • 19-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Community Barbecue Grill
  • Clubhouse
  • Community Kitchen
  • Community Center
  • Party Room
  • Bike Room
  • Community Storage Space

Recreation

  • Private Beach Pavilion
  • Community Playground
  • Community Spa
  • Bike Trail

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,120

Year Built

Built in 1979

Lot Details

0

HOA Fees

$1,496 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1979
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Mls Id: CBRE68
  • Co List Office Phone: 305-672-6300
  • Directions: From the South: Take US-1 to SW 17th Avenue, Make a right & go to the end. Make another right then a left at first light and go straight over the bridge to the guard gate.
  • Entry Level: 9
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Dock Available,Private Dock, Attended,Community Marina,Marina
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: GROVE ISLE CONDO,GROVE ISLE
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Lobby, Closet Cabinetry, Storage
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Marble, Tile
  • Furnished: Furnished
  • Living Area: 1642
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 19
  • Window Features: Complete Accordian Shutters, Blinds
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Storage Room
  • Master Bathroom Features: Separate Tub & Shower

Exterior Features

  • View: Bay, Ocean View, Skyline
  • Exterior Features: East Of Us1, Open Balcony, Tennis Court(s)
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: No Fixed Bridges, Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: GROVE ISLE CONDO
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Assigned, Guest, Valet

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1496
  • Amenities: Bike/Jog Path, Bike Storage, Barbecue, Clubhouse-Clubroom, Community Room, Storage, Heated Pool, Kitchen Facilities, Marina, Child Play Area, Private Beach Pavilion, Spa/Hot Tub, 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: 01-41-14-015-0930
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Multi Family

  • Number Of Units In Community: 510
  • Number Of Units Total: 170

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 11120

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2018
Closed on
Aug 17, 2020
Sold by
Shamdasani Gita and Chowdhury Gita
Bought by
Eber Felise
Seller's Agent
David Sporn
Coldwell Banker Realty
Buyer's Agent
Felise Eber
Coldwell Banker Realty
List Price
$749,000
Sold Price
$575,000
Premium/Discount to List
-$174,000
-23.23%
Current Estimated Value
$1,267,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$692,796
Avg. Annual Appreciation
16.95%
Original Mortgage
$375,000
Outstanding Balance
$334,145
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$933,651

Purchase Details

Closed on
May 4, 2012
Sold by
Chowdhury Deepak
Bought by
Shamdasani Gita and Chowdhury Gita

Purchase Details

Closed on
May 1, 2002
Sold by
Howard B Katz M and Howard Evelyn L
Bought by
Sibley Dorothy F Trust
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
Eber Felise $575,000 Union Title Services Inc
Shamdasani Gita -- Attorney
Sibley Dorothy F Trust $380,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eber Felise $375,000
Previous Owner Sibley Dorothy F Trust $390,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2020 08/17/20 Sold $575,000 -11.4% $350 / Sq Ft
04/22/2020 04/22/20 Price Changed $649,000 -7.2% $395 / Sq Ft
08/15/2019 08/15/19 Price Changed $699,000 0.0% $426 / Sq Ft
04/28/2019 04/28/19 Rented $4,100 0.0% --
11/08/2018 11/08/18 For Sale $749,000 0.0% $456 / Sq Ft
11/08/2018 11/08/18 For Rent $4,300 -10.4% --
12/15/2017 12/15/17 Rented $4,800 -1.0% --
11/27/2017 11/27/17 Under Contract -- -- --
10/09/2017 10/09/17 For Rent $4,850 -- --
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 $14,558 $703,442 -- --
2024 $13,824 $639,493 -- --
2023 $13,824 $581,358 $0 $0
2022 $11,845 $528,508 $0 $0
2021 $10,208 $480,462 $0 $0
2020 $12,039 $565,250 $0 $0
2019 $12,066 $565,250 $0 $0
2018 $11,584 $595,000 $0 $0
2017 $12,025 $609,382 $0 $0
2016 $12,799 $628,045 $0 $0
2015 $12,946 $623,680 $0 $0
2014 $12,299 $542,330 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10574254

MIAMI REALTORS® MLS

APN: 01-4114-015-0930