NOT LISTED FOR SALE

Estimated Value: $879,381 - $1,086,000

2 Beds
2 Baths
1,060 Sq Ft
1970 Built

Last Sold March 04, 2016

Last sale price $550,000 $519 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $6,389/month

Highlights

  • Marina
  • Ocean Front
  • Up to 30-Foot Boat
  • Coconut Grove Elementary School Rated A
  • Deeded Boat Dock
  • 2-minute walk to Steele Mini Park

About This Home

As of October 2024

Ultimate boutique waterfront building in Coconut Grove with marina. One of only 32 condos nestled on Bayshore Lane & Fairview. This sensational 2 bedrooms, 2 bathrooms has spectacular ocean views & downtown Coconut Grove, plus lovely green shaded canopy. Marina boat slip is available for only $300 monthly including electricity & water. Enjoy amazing sunrises and sunsets from the all glass balcony. Comes with 2 parking spaces & storage. Amenities include marina, pool, barbecue, and social area. Close to Vizcaya, Kennedy Park, Wainwright Park, and Brickell. Excellent location for top rated schools, restaurants, Mercy Hospital, and close to MIA. Grove living at its finest.

Last Agent to Rent the Property

Alejandro Alvarez Gonzalez

The Keyes Company License #3238086 Listed on: 08/25/2024

The Keyes Company

Last Renter's Agent

Alejandro Alvarez Gonzalez

The Keyes Company License #3238086 Listed on: 08/25/2024

The Keyes Company

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,876

Year Built

  • Built in 1970

Lot Details

  • Ocean Front
  • Property Fronts a Bay or Harbor
  • Southwest Facing Home

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener
  • Guest Parking

Property Views

  • Ocean
  • Bay

Home Design

  • Entry on the 7th floor

Interior Spaces

  • 1,060 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Family Room
  • Combination Dining and Living Room
  • Marble Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • 2 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Above Ground Pool
  • Property has ocean access
  • Property is near a marina
  • Seawall
  • Up to 30-Foot Boat
  • Deeded Boat 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

  • Property Available on 8/26/24
  • 1 Year With Renewal Option,More Than 1 Year,12 Months Lease Term
  • Assessor Parcel Number 01-41-14-014-0230

Community Details

Overview

  • No Home Owners Association
  • 1600 South Bayshore Lane Condos
  • 1600 South Bayshore Lane,1600 South Bayshore Subdivision
  • 9-Story Property

Amenities

  • Sauna
  • Community Center
  • Intercom to Front Desk
  • Elevator

Recreation

  • Marina
  • Community Pool

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • Gated Community
  • Complex Is Fenced
  • Complete Accordion Shutters
  • High Impact Door
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$11,876

Year Built

Built in 1970

Lot Details

0

Parking

2

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2024-08-26
  • Lease Term: 1 Year With Renewal Option,More Than 1 Year,12 Months

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1970
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: GPS - 1600 S Bayshore Lane
  • Entry Level: 7
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Dock,Dock Available,Private Dock, Dock Available,Electric Available,Marina,Private Dock,Up to 30 Ft Boat
  • Lease Assignable: No
  • New Construction: No
  • Building Stories: 9
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: 1600 SOUTH BAYSHORE LANE,1600 SOUTH BAYSHORE
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 9

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Closet Cabinetry, Pantry, Family Room, Utility Room/Laundry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 1060
  • Other Equipment: Automatic Garage Door Opener
  • Stories: 9
  • Window Features: Complete Accordian Shutters, Hurricane Shutters, Blinds
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Family Room, Utility Room/Laundry

Exterior Features

  • View: Bay, Ocean, Other
  • Exterior Features: Barbeque, Open Balcony
  • Direction Faces: Southwest
  • Patio And Porch Features: Open Balcony
  • Pool Features: Above Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front, Seawall
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: 1600 SOUTH BAYSHORE LANE
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Spaces, Guest, Limited # Of Vehicle

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Fire Alarm, Smoke Detector, Key Card Entry, Complex Fenced, Intercom In Lobby

Condo/Co-op/Association

  • Amenities: Activity Room, Gated, Community Pool, Elevator(s), Sauna
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 01-41-14-014-0230
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 4600
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2016
Closed on
Mar 4, 2016
Sold by
Gardner Betty Kay
Bought by
Casinha Feliz Llc
Seller's Agent
Nadine Candelario
MMLS Assoc.-Inactive Member
Buyer's Agent
Alejandro Alvarez Gonzalez
The Keyes Company
List Price
$615,000
Sold Price
$550,000
Premium/Discount to List
-$65,000
-10.57%
Current Estimated Value
$1,021,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$471,345
Avg. Annual Appreciation
6.65%

Purchase Details

Closed on
Jul 8, 2011
Sold by
Gardner Betty Kay
Bought by
Gardner Betty Kay

Purchase Details

Closed on
Sep 29, 2009
Sold by
Gardner Betty Kay and Perlin Brian C
Bought by
Gardner Betty Kay

Purchase Details

Closed on
Nov 17, 1997
Sold by
Mallis Chris M
Bought by
Minnis Suzanne P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.31%
Mortgage Type
New Conventional
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
Casinha Feliz Llc $550,000 Attorney
Gardner Betty Kay -- Attorney
Gardner Betty Kay -- Attorney
Minnis Suzanne P $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Minnis Suzanne P $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2024 10/01/24 Rented $4,750 0.0% --
10/01/2024 10/01/24 Under Contract -- -- --
08/25/2024 08/25/24 For Rent $4,750 +18.8% --
08/07/2023 08/07/23 Rented $4,000 0.0% --
07/27/2023 07/27/23 Under Contract -- -- --
06/22/2023 06/22/23 For Rent $4,000 +35.6% --
10/20/2020 10/20/20 Rented $2,950 -6.3% --
10/08/2020 10/08/20 Under Contract -- -- --
08/24/2020 08/24/20 Price Changed $3,150 -3.1% $3 / Sq Ft
08/03/2020 08/03/20 For Rent $3,250 +12.1% --
03/01/2018 03/01/18 Rented $2,900 0.0% --
02/02/2018 02/02/18 Under Contract -- -- --
01/18/2018 01/18/18 For Rent $2,900 0.0% --
01/12/2018 01/12/18 Under Contract -- -- --
12/14/2017 12/14/17 Price Changed $2,900 -3.3% $3 / Sq Ft
10/24/2017 10/24/17 For Rent $3,000 +5.3% --
06/01/2016 06/01/16 Rented $2,850 0.0% --
05/20/2016 05/20/16 Under Contract -- -- --
05/16/2016 05/16/16 For Rent $2,850 0.0% --
05/13/2016 05/13/16 Under Contract -- -- --
05/05/2016 05/05/16 Price Changed $2,850 -3.4% $3 / Sq Ft
04/15/2016 04/15/16 Price Changed $2,950 0.0% $3 / Sq Ft
04/15/2016 04/15/16 For Rent $2,950 -99.5% --
04/04/2016 04/04/16 Under Contract -- -- --
03/04/2016 03/04/16 Sold $550,000 -10.6% $519 / Sq Ft View Prior Sale
02/01/2016 02/01/16 For Sale $615,000 -- $580 / 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 $11,876 $612,119 -- --
2024 $11,477 $556,472 -- --
2023 $11,477 $505,884 $0 $0
2022 $9,481 $459,895 $0 $0
2021 $9,487 $446,500 $0 $0
2020 $9,510 $446,500 $0 $0
2019 $10,033 $470,000 $0 $0
2018 $10,314 $492,440 $0 $0
2017 $9,484 $447,673 $0 $0
2016 $7,968 $343,930 $0 $0
2015 $5,406 $312,664 $0 $0
2014 $5,406 $284,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11647332

MIAMI REALTORS® MLS

APN: 01-4114-014-0230