NOT LISTED FOR SALE

Estimated Value: $1,127,425 - $1,342,000

2 Beds
2 Baths
1,310 Sq Ft
1970 Built

Last Sold March 23, 2020

Last sale price $715,000 $546 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $7,488/month

93 Days on Market

Highlights

  • Direct Ocean View
  • Property has ocean access
  • Up to 40-Foot Boat
  • Coconut Grove Elementary School Rated A
  • Boat Dock
  • 2-minute walk to Steele Mini Park

About This Home

As of March 2020

Boaters - no bridges to bay!
1600 South Bayshore Lane is rarely on the market - check sales history. Beautifully appointed, seventh floor, corner unit. Intimate bayfront building, on quiet Bayshore Lane in Coconut Grove. Endless bay views. Private, tranquil setting; four units per floor. Boat docks available to lease. Fully renovated. Great balcony with panoramic views. Minutes from Brickell, Downtown, Coconut Grove, bay-front parks and Miami's best schools. Heated pool. Two parking spaces. Poolside club house and grill area. Low maintenance fees. Prime waterfront in Coconut Grove for under a million dollars. Pet friendly!

Last Agent to Sell the Property

Bethea Goldman

Compass Florida, LLC License #3415909 Listed on: 10/23/2019

Compass Florida, LLC

Last Buyer's Agent

Emma Romero Rodriguez

The Keyes Company License #3383904

The Keyes Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,909

Year Built

  • Built in 1970 | Remodeled

Lot Details

  • Property Fronts a Bay or Harbor
  • East Facing Home

Home Design

  • Entry on the 7th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,310 Sq Ft Home
  • Built-In Features
  • Combination Dining and Living Room
  • Direct Ocean Views

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Dishwasher
  • Cooking Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Parking Spaces
  • Guest Parking
  • Open Parking

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Up to 40-Foot Boat
  • Dock Available
  • Porch

Schools

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

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 01-41-14-014-0210

Community Details

Overview

  • Property has a Home Owners Association
  • 32 Units
  • Mid-Rise Condominium
  • 1600 South Bayshore Lane Condos
  • 1600 South Bayshore Lane,1600 South Bayshore Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • 9-Story Property

Amenities

  • Community Center
  • Party Room
  • Intercom to Front Desk
  • Secure Lobby
  • Elevator

Recreation

  • Boat Dock
  • Heated Community Pool

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $889

Security

  • Complex Is Fenced
  • Complete Accordion Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,909

Year Built

Built in 1970 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1970
  • Property Sub Type: Condominium
  • Entry Level: 7
  • Road Frontage Type: Bay
  • Garage Yn: No
  • Horses: No
  • Inclusions: Dock Available, Dock Available,Electric Available,UP to 40 Ft Boat,Water Available
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: 1600 SOUTH BAYSHORE LANE,1600 SOUTH BAYSHORE
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Built-in Features, Cooking Island, Elevator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 1310
  • Possible Use: Unknown/Withheld
  • Stories: 9
  • Window Features: Complete Accordian Shutters
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Ocean View, Direct Ocean, Water View
  • Exterior Features: East Of Us1
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Patio And Porch Features: Open Porch
  • Pool Private: No
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront Features: No Fixed Bridges, Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: 1600 SOUTH BAYSHORE LANE
  • Open Parking: Yes
  • Parking Features: 2 Or More Spaces, Guest, Open, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, Complex Fenced, Intercom In Lobby, Lobby Secured

Condo/Co-op/Association

  • Amenities: Boat Dock, Community Room, Elevator(s), Heated Pool
  • 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: 01-41-14-014-0210
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 889
  • Number Of Units In Community: 32

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 11909

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2019
Closed on
Mar 23, 2020
Sold by
Sanz Christopher and Abreu Allison
Bought by
Ludwig John C
Seller's Agent
Bethea Goldman
Compass Florida, LLC
Buyer's Agent
Emma Romero Rodriguez
The Keyes Company
List Price
$725,000
Sold Price
$715,000
Premium/Discount to List
-$10,000
-1.38%
Current Estimated Value
$1,188,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$473,606
Avg. Annual Appreciation
9.52%
Original Mortgage
$425,000
Outstanding Balance
$375,680
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$812,926

Purchase Details

Listed on
Jul 31, 2017
Closed on
May 9, 2018
Sold by
Badia Bianca Alexandra and Mccolgan Paul
Bought by
Sanz Christopher and Abreu Allison
Seller's Agent
Valaree Byrne
BHHS EWM Realty
Buyer's Agent
MAR NON-MEMBER
NO MLS PARTICIPATION (MAR)
List Price
$715,000
Sold Price
$679,000
Premium/Discount to List
-$36,000
-5.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.82%
Original Mortgage
$509,250
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2011
Sold by
Badia Joseph A and Badia Nancy L F
Bought by
Badia Bianca Alexandra

Purchase Details

Closed on
Mar 30, 2005
Sold by
Lierman Eugene Paul and Lewis Barbara Jean
Bought by
Badia Joseph A and Badia Nancy L F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,000
Interest Rate
5.3%
Mortgage Type
Unknown
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
Ludwig John C $715,000 None Available
Sanz Christopher $679,000 Attorney
Badia Bianca Alexandra -- Attorney
Badia Joseph A $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ludwig John C $425,000
Previous Owner Sanz Christopher $509,250
Previous Owner Badia Joseph A $359,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/23/2020 03/23/20 Sold $715,000 -1.4% $546 / Sq Ft
01/24/2020 01/24/20 Pending -- -- --
10/23/2019 10/23/19 For Sale $725,000 +6.8% $553 / Sq Ft
05/15/2018 05/15/18 Sold $679,000 -5.0% $518 / Sq Ft View Prior Sale
04/04/2018 04/04/18 Pending -- -- --
02/02/2018 02/02/18 For Sale $715,000 +5.3% $546 / Sq Ft
10/13/2017 10/13/17 Off Market $679,000 -- --
07/31/2017 07/31/17 For Sale $749,000 -- $572 / 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 $14,465 $785,715 -- --
2024 $13,942 $714,287 -- --
2023 $13,942 $649,352 $0 $0
2022 $12,170 $590,320 $0 $0
2021 $11,402 $536,655 $0 $0
2020 $9,999 $511,100 $0 $0
2019 $10,596 $538,000 $0 $0
2018 $11,909 $568,579 $0 $0
2017 $7,303 $386,500 $0 $0
2016 $7,354 $378,551 $0 $0
2015 $7,437 $375,920 $0 $0
2014 $7,681 $328,185 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10760359

MIAMI REALTORS® MLS

APN: 01-4114-014-0210