NOT LISTED FOR SALE

Estimated Value: $1,090,000 - $1,393,000

2 Beds
2 Baths
1,310 Sq Ft
1970 Built

Last Sold May 30, 2017

Last sale price $695,000 $531 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $7,464/month

Highlights

  • Marina
  • Boat Dock
  • Building Security
  • Coconut Grove Elementary School Rated A
  • Property Fronts a Bay or Harbor
  • 2-minute walk to Steele Mini Park

About This Home

As of July 2020

Beautifully renovated waterfront 2/2 unit in Coconut Grove. Direct bay views from the living room, master bedroom, 2nd bedroom & balcony. Boat dock lease available from the Association. Rental requirements: 2 months security plus first month rent & good credit.

Last Agent to Rent the Property

Joel Jacobs

Xcellence Realty License #0551489 Listed on: 06/30/2020

Xcellence Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,197

Year Built

  • Built in 1970

Lot Details

  • Property Fronts a Bay or Harbor
  • East Facing Home

Home Design

  • Entry on the 2nd floor
  • Concrete Block With Brick
  • Composition Roof

Interior Spaces

  • 1,310 Sq Ft Home
  • Ceiling Fan
  • Plantation Shutters
  • Vertical Blinds
  • Sliding Windows
  • Bay Views

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Electric Range
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Parking Spaces
  • Guest Parking
  • Secure Parking

Outdoor Features

  • In Ground Pool
  • Dock Available
  • Balcony
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 7/15/20
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 01-41-14-014-0010

Community Details

Overview

  • No Home Owners Association
  • 1600 South Bayshore Lane Condos
  • 1600 South Bayshore Lane,1600 Bayshore Subdivision
  • Maintained Community
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers

Amenities

  • Sauna
  • Elevator

Recreation

  • Boat Dock
  • Marina
  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Building Security
  • Card or Code Access
  • Gated Community
  • Complete Accordion Shutters
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$14,197

Year Built

Built in 1970

Lot Details

0

Rental Info

  • Pets Allowed: Maximum 20 Lbs
  • Available Date: 2020-07-15
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1970
  • Property Sub Type: Condominium
  • Architectural Style: First Floor Entry
  • Co List Office Mls Id: XCEL01
  • Co List Office Phone: 866-595-6025
  • Entry Level: 2
  • Road Frontage Type: Bay
  • Garage Yn: No
  • Horses: No
  • Inclusions: Community Boat Dock,Dock Available, Community Marina
  • Lease Assignable: No
  • New Construction: No
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: 1600 SOUTH BAYSHORE LANE,1600 Bayshore
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor, Wood
  • Furnished: Unfurnished
  • Living Area: 1310
  • Window Features: Complete Accordian Shutters, Plantation Shutters, Sliding, Verticals
  • Dining Room Features: Eat-In Kitchen, Snack Bar/Counter

Exterior Features

  • Roof: Composition Roll
  • View: Bay
  • Exterior Features: Open Balcony
  • Construction Type: Concrete Block With Brick
  • Direction Faces: East
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Porch/Balcony, Open Balcony
  • Pool Features: In Ground, Community
  • Pool Private: No
  • Property Condition: Completely Renovated
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: 1600 SOUTH BAYSHORE LANE
  • Parking Features: 2 Spaces, Guest, Limited # Of Vehicle, No Rv/Boats, No Trucks/Trailers

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, Key Card Entry, Building Security, Key/Card Entry Parking

Condo/Co-op/Association

  • Amenities: Gated, Community Pool, Elevator(s), Maintained Community
  • Association: No
  • Community Features: Gated, Pool, Gated Community, Maintained Community, Sauna

Schools

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

Lot Info

  • Parcel Number: 01-41-14-014-0010
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 4600
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2021
Sold by
Bergines Michael William and Ruiz Clara Viviana
Bought by
Reinhold Mark and Reinhold Susan
Current Estimated Value
$1,188,109

Purchase Details

Listed on
Nov 23, 2016
Closed on
May 30, 2017
Sold by
Johnstone James and Johnstone Katie
Bought by
Bergines Michael William and Castaneda Ruiz Clara Viviana
Seller's Agent
David Siddons
Douglas Elliman
Buyer's Agent
Mauricio Barba
Compass Florida, LLC
List Price
$785,000
Sold Price
$695,000
Premium/Discount to List
-$90,000
-11.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.58%
Original Mortgage
$544,100
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 5, 2015
Closed on
May 26, 2015
Sold by
Rossman Joseph and Rossman Vanessa L
Bought by
Johnstone James and Johnstone Katie
Seller's Agent
Marilyn Tatman
MMLS Assoc.-Inactive Member
Buyer's Agent
Isabelle Andrews
BHHS EWM Realty
List Price
$599,000
Sold Price
$570,000
Premium/Discount to List
-$29,000
-4.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.48%

Purchase Details

Closed on
May 31, 2007
Sold by
Luckinbill Laurence
Bought by
Rossman Joseph and Rossman Vanessa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,800
Interest Rate
6.16%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 2, 2003
Sold by
Hale Jerry L and Hale Gail
Bought by
Luckinbill Laurence

Purchase Details

Closed on
Jun 10, 2003
Sold by
Webb Paul W and Webb Joie
Bought by
Webb Jennifer

Purchase Details

Closed on
Aug 2, 1993
Sold by
Zullo Robert J
Bought by
Hale Jerry L and Hale Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.39%
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
Reinhold Mark $725,000 Attorney
Bergines Michael William $695,000 Attorney
Johnstone James $570,000 None Available
Rossman Joseph $588,500 P & P Title Services Llc
Luckinbill Laurence $356,000 --
Webb Jennifer $198,000 --
Hale Jerry L $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bergines Michael William $544,100
Previous Owner Rossman Joseph $470,800
Previous Owner Hale Jerry L $25,000
Previous Owner Hale Jerry L $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2020 07/31/20 Rented $4,250 +1.2% --
07/09/2020 07/09/20 Under Contract -- -- --
06/30/2020 06/30/20 For Rent $4,200 -6.6% --
08/18/2017 08/18/17 Rented $4,495 +7.2% --
07/25/2017 07/25/17 Under Contract -- -- --
06/22/2017 06/22/17 Price Changed $4,195 -4.6% $3 / Sq Ft
06/06/2017 06/06/17 For Rent $4,395 0.0% --
05/30/2017 05/30/17 Sold $695,000 0.0% $531 / Sq Ft View Prior Sale
04/21/2017 04/21/17 Pending -- -- --
04/19/2017 04/19/17 Price Changed $695,000 -7.2% $531 / Sq Ft
03/31/2017 03/31/17 Price Changed $749,000 +7.2% $572 / Sq Ft
03/01/2017 03/01/17 Price Changed $699,000 -6.7% $534 / Sq Ft
02/13/2017 02/13/17 Price Changed $749,000 -4.6% $572 / Sq Ft
11/23/2016 11/23/16 For Sale $785,000 +37.7% $599 / Sq Ft
06/03/2015 06/03/15 Sold $570,000 -2.6% $435 / Sq Ft View Prior Sale
04/16/2015 04/16/15 Pending -- -- --
04/02/2015 04/02/15 Price Changed $585,000 -2.3% $447 / Sq Ft
02/05/2015 02/05/15 For Sale $599,000 0.0% $457 / Sq Ft
02/28/2014 02/28/14 Rented $2,900 -3.3% --
01/29/2014 01/29/14 Under Contract -- -- --
01/07/2014 01/07/14 For Rent $3,000 -- --
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 $14,197 $771,111 -- --
2024 $13,682 $701,010 -- --
2023 $13,682 $637,282 $0 $0
2022 $11,943 $579,348 $0 $0
2021 $11,190 $526,680 $0 $0
2020 $10,683 $501,600 $0 $0
2019 $11,271 $528,000 $0 $0
2018 $11,618 $554,664 $0 $0
2017 $10,682 $504,240 $0 $0
2016 $10,005 $458,400 $0 $0
2015 $8,154 $366,720 $0 $0
2014 -- $278,182 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10885004

MIAMI REALTORS® MLS

APN: 01-4114-014-0010