NOT LISTED FOR SALE

Estimated Value: $923,000 - $1,037,000

2 Beds
2 Baths
1,060 Sq Ft
$1,042/mo HOA Fee

Last Sold September 26, 2022

Last sale price $800,000 $755 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $7,228/month

79 Days on Market

Highlights

  • Marina
  • Ocean Front
  • End Unit
  • Coconut Grove Elementary School Rated A
  • Private Dock
  • 2-minute walk to Steele Mini Park

About This Home

As of September 2022

Rarely available boutique waterfront condo in Coconut Grove. This 2 bedrooms, 2 bathrooms condo features spectacular water views, lots of natural light, updated kitchen, lighting & flooring. Enjoy a lifestyle unlike any other in this 32 unit gem with walking distance to Vizcaya, Brickell, Kennedy park, Wainwright park, top rated schools, exquisite world-class dining, and Mercy hospital. This premier Grove landmark features a marina with boat docks available and no bridges to bay. Marina slips are available for $300 monthly including electricity & water.
This is the best priced waterfront condo in Coconut Grove. Tenant occupied, month to month. Showings by appointment only with 24 hour notice.

Last Agent to Sell the Property

Alejandro Alvarez Gonzalez

The Keyes Company License #3238086 Listed on: 06/21/2022

The Keyes Company

Last Buyer's Agent

Juan Beltran

Florida Capital Realty License #3298813

Florida Capital Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,366

Year Built

  • Built in 1970

Lot Details

  • Ocean Front
  • Property Fronts a Bay or Harbor
  • End Unit

HOA Fees

  • $1,042 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Guest Parking

Property Views

  • Ocean
  • Bay

Home Design

  • Entry on the 4th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,060 Sq Ft Home
  • Combination Dining and Living Room
  • Video Cameras

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property has ocean access
  • Private Dock
  • Balcony
  • Outdoor Grill

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

  • Assessor Parcel Number 01-41-14-014-0110

Community Details

Overview

  • 32 Units
  • Mid-Rise Condominium
  • 1600 South Bayshore Lane Condos
  • 1600 South Bayshore Lane,1600 S Bayshore Lane Subdivision
  • Car Wash Area
  • 9-Story Property

Amenities

  • Community Barbecue Grill
  • Trash Chute
  • Community Center
  • Party Room
  • Community Storage Space

Recreation

  • Boat Dock
  • Marina
  • Community Pool

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • Complex Is Fenced
  • Complete Accordion Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,366

Year Built

Built in 1970

Lot Details

0

HOA Fees

$1,042 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1970
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Directions: GPS - 1600 South Bayshore Lane
  • Entry Level: 4
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Dock Available,Private Dock,Unrestricted Salt Water Access
  • New Construction: No
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: 1600 SOUTH BAYSHORE LANE,1600 S BAYSHORE LANE
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Washer
  • Interior Amenities: Closet Cabinetry, Pantry, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1060
  • Possible Use: Primary
  • Stories: 9
  • Window Features: Complete Accordian Shutters, Hurricane Shutters
  • Bedroom Features: Master Bath Tub
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Bay, Ocean View, Water View
  • Exterior Features: Barbeque, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: 1600 SOUTH BAYSHORE LANE
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Guest

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Complex Fenced, Card Entry, TV Camera

Condo/Co-op/Association

  • Association Fee: 1042
  • Amenities: Boat Dock, Barbecue, Community Room, Storage, Marina, Pool, Private Pool, Trash Chute, 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: 01-41-14-014-0110
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 32
  • Number Of Units Total: 32

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 9366

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2022
Closed on
Sep 22, 2022
Sold by
Schappa Caleb and Schappa Claudia Bolt
Bought by
Moore Jessica Megan
Seller's Agent
Alejandro Alvarez Gonzalez
The Keyes Company
Buyer's Agent
Juan Beltran
Florida Capital Realty
List Price
$819,500
Sold Price
$800,000
Premium/Discount to List
-$19,500
-2.38%
Views
7
Current Estimated Value
$962,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,199
Avg. Annual Appreciation
6.18%
Original Mortgage
$600,000
Outstanding Balance
$573,091
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$389,108

Purchase Details

Closed on
Oct 15, 2014
Sold by
Zaldivar John J and Zaldivar Gloria
Bought by
Schappa Caleb and Parra Claudia Bolt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 5, 2006
Sold by
Webb Jennifer
Bought by
Zaldivar John J and Zaldivar Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 25, 2002
Sold by
Deborah L Sifford I
Bought by
Webb Paul W and Webb M
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
Moore Jessica Megan $800,000 --
Schappa Caleb $400,000 Attorney
Zaldivar John J $450,000 Transamerica Title Svcs Inc
Webb Paul W $298,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Jessica Megan $600,000
Previous Owner Schappa Caleb $300,000
Previous Owner Zaldivar John J $360,000
Previous Owner Webb Paul W $246,000
Previous Owner Webb Paul W $172,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/26/2022 09/26/22 Sold $800,000 0.0% $755 / Sq Ft
09/08/2022 09/08/22 Pending -- -- --
07/29/2022 07/29/22 Price Changed $800,000 -2.4% $755 / Sq Ft
06/21/2022 06/21/22 For Sale $819,500 +104.9% $773 / Sq Ft
12/16/2014 12/16/14 Sold $400,000 -6.8% $377 / Sq Ft View Prior Sale
09/13/2014 09/13/14 Pending -- -- --
09/08/2014 09/08/14 Price Changed $429,000 -8.5% $405 / Sq Ft
07/30/2014 07/30/14 Price Changed $469,000 -5.3% $442 / Sq Ft
05/16/2014 05/16/14 Price Changed $495,000 -5.7% $467 / Sq Ft
04/09/2014 04/09/14 For Sale $525,000 -- $495 / 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 $13,188 $724,130 -- --
2024 $13,532 $658,300 -- --
2023 $13,532 $658,300 $0 $0
2022 $9,360 $454,024 $0 $0
2021 $9,366 $440,800 $0 $0
2020 $9,388 $440,800 $0 $0
2019 $9,905 $464,000 $0 $0
2018 $9,350 $485,982 $0 $0
2017 $8,607 $388,785 $0 $0
2016 $8,067 $353,441 $0 $0
2015 $7,144 $321,310 $0 $0
2014 $6,565 $280,511 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11225501

MIAMI REALTORS® MLS

APN: 01-4114-014-0110