$425,000
SOLD JUN 18, 2025
1 Bed
1 Bath
540 Sq Ft
$223/mo HOA Fee

Recently Sold

$787 Per Sq Ft

14 Days on Market

Highlights

  • Penthouse
  • Balcony
  • Lobby
  • Coconut Grove Elementary School Rated A
  • Walk-In Closet
  • 4-minute walk to Ingraham Park

About This Home

As of June 2025

Discover a truly unique top-floor front unit in an intimate 5-unit Spanish-style building. This light-filled 1-BD,1-BA condo has abundant natural sunlight, especially through the double French doors that open onto a private terrace. Located at the auspicious address of 111 Edgewater Drive, this unit offers a serene setting on a picturesque, tree-lined street, minutes from the University of Miami, Coconut Grove, and Key Biscayne beaches. This unit accounts for 6% of the building's total monthly expenses. The low HOA fee of just $223/month includes building insurance and reserves, making it a financially smart choice. A rare opportunity to own a unique, centrally located penthouse with low carrying costs in a truly unique building — ideal for those who value style, privacy, and location.

Last Agent to Sell the Property

Daniel Bajaroff

DK International Rlty Inc. License #0635019 Listed on: 05/16/2025

Last Buyer's Agent

Emily Melamud

Douglas Elliman License #3472464

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,638

Year Built

  • Built in 1992

HOA Fees

  • $223 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Penthouse

Interior Spaces

  • 540 Sq Ft Home
  • 3-Story Property
  • Ceramic Tile Flooring
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Shower Only

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Balcony
  • Fenced

Listing and Financial Details

  • Assessor Parcel Number 03-41-29-063-0050

Community Details

Overview

  • 5 Units
  • Low-Rise Condominium
  • Dakota0 Condos
  • Dakota Condo Subdivision

Amenities

  • Lobby

Pet Policy

  • Breed Restrictions

Security

  • Phone Entry
  • Secure Elevator
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,638

Year Built

Built in 1992

Lot Details

0

HOA Fees

$223 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1992
  • Property Sub Type: Condominium
  • Architectural Style: Penthouse
  • Entry Level: 3
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: DAKOTA CONDO
  • Year Built Details: Unknown
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Electric Water Heater
  • Interior Amenities: Lobby, Walk-In Closet(s)
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 540
  • Other Equipment: Elevator
  • Possible Use: Primary
  • Stories: 3
  • Bedroom Features: Primary Bath Shower

Exterior Features

  • View: Other View, None
  • Exterior Features: Open Balcony
  • Construction Type: Concrete Block Construction
  • Fencing: Fenced
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: Dakota0
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Complex Fenced, Elevator Secure, Phone Entry

Condo/Co-op/Association

  • Association Fee: 223
  • Amenities: Exterior Lighting
  • Association Fee Frequency: Monthly
  • Association: Yes

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: 03-41-29-063-0050

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 5
  • Number Of Units Total: 5

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1638

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2025
Closed on
Jun 18, 2025
Sold by
Denapoli Robert B
Bought by
Farrelly John and Farrelly Nancy
Seller's Agent
Daniel Bajaroff
DK International Rlty Inc.
Buyer's Agent
Emily Melamud
Douglas Elliman
List Price
$425,000
Sold Price
$425,000
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
146.80%

Purchase Details

Closed on
Feb 13, 2004
Sold by
Pafeca Usa Inc
Bought by
Denapoli Robert B

Purchase Details

Closed on
Jun 8, 1999
Sold by
Villar Olga Hernandez De and Villar Pedro F
Bought by
Pafeca Usa Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 1995
Sold by
Villar Pedro J and Hernandez De Villar Olga
Bought by
Hernandez De Villar Olga and Villar Pedro F

Purchase Details

Closed on
Jun 25, 1993
Sold by
Indica Inv Group Inc
Bought by
Villar Pedro J and Villar Olga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7.52%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $425,000 None Listed On Document
Warranty Deed $165,000 --
Warranty Deed $75,000 --
Quit Claim Deed -- --
Deed $90,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,000 Unknown
Previous Owner $52,500 New Conventional
Previous Owner $170,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2025 06/18/25 Sold $425,000 0.0% $787 / Sq Ft
05/30/2025 05/30/25 Pending -- -- --
05/16/2025 05/16/25 For Sale $425,000 -- $787 / 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 $1,638 $130,770 -- --
2024 $1,581 $127,085 -- --
2023 $1,581 $123,384 $0 $0
2022 $1,512 $119,791 $0 $0
2021 $1,493 $116,302 $0 $0
2020 $1,469 $114,697 $0 $0
2019 $1,424 $112,119 $0 $0
2018 $1,347 $110,029 $0 $0
2017 $1,326 $107,766 $0 $0
2016 $1,314 $105,550 $0 $0
2015 $1,327 $104,817 $0 $0
2014 $1,343 $103,986 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11804841

MIAMI REALTORS® MLS

APN: 03-4129-063-0050