NOT LISTED FOR SALE

Estimated Value: $965,181 - $1,039,000

2 Beds
2 Baths
1,060 Sq Ft
$1,164/mo HOA Fee

Last Sold March 15, 2024

Last sale price $950,000 $896 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $6,878/month

50 Days on Market

Highlights

  • Marina
  • Direct Ocean View
  • Up to 40-Foot Boat
  • Coconut Grove Elementary School Rated A
  • Private Dock
  • 2-minute walk to Steele Mini Park

About This Home

As of March 2024

Rarely available & completely renovated waterfront condo in Coconut Grove. This 2 bedrooms, 2 bathrooms condo features spectacular water views, lots of natural light, custom 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. Storage included. Showings by appointment only with 24-hour notice.

Last Agent to Sell the Property

Alejandro Alvarez Gonzalez

The Keyes Company License #3238086 Listed on: 01/20/2024

The Keyes Company

Last Buyer's Agent

Yvonne Diaz

Better Homes & Gdns RE Fla 1st License #3270052

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,991

Year Built

  • Built in 1970 | Remodeled

HOA Fees

  • $1,164 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Guest Parking

Property Views

  • Direct Ocean
  • Bay

Home Design

  • Entry on the 8th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,060 Sq Ft Home
  • Ceiling Fan
  • Video Cameras

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Marble
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Two Primary Bathrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property is near a marina
  • Up to 40-Foot Boat
  • Private Dock
  • Balcony

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

  • Property Fronts a Bay or Harbor
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 01-41-14-014-0270

Community Details

Overview

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

Amenities

  • Community Barbecue Grill
  • Sauna
  • Trash Chute
  • Community Kitchen
  • Community Center
  • Party Room
  • Bike Room
  • Community Storage Space

Recreation

  • Boat Dock
  • Marina
  • Community Pool

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • Complex Is Fenced
  • Clear Impact Glass
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,991

Year Built

Built in 1970 | Remodeled

Lot Details

0

HOA Fees

$1,164 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1970
  • Property Sub Type: Condominium
  • Directions: GPS - 1600 South Bayshore Lane
  • Entry Level: 8
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Dock Available,Private Dock, Dock Available,Marina,Private Dock,UP to 40 Ft Boat
  • New Construction: No
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: 1600 SOUTH 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, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Pantry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Marble, Tile
  • Furnished: Unfurnished
  • Living Area: 1060
  • Possible Use: Primary
  • Stories: 9
  • Window Features: Clear Impact Glass
  • Bedroom Features: None
  • Master Bathroom Features: 2 Primary Bathrooms, Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • View: Bay, Ocean View, Direct Ocean
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: Yes
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: 1600 Bayshore Lane Condo
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Guest, Limited # Of Vehicle

Utilities

  • Cooling: Ceiling Fan(s), 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: 1164
  • Amenities: Barbecue, Bike Storage, Boat Dock, Community Room, Storage, Kitchen Facilities, Marina, Private Pool, Sauna, 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: 01-41-14-014-0270
  • 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: 2023
  • Tax Annual Amount: 4991

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2024
Closed on
Mar 14, 2024
Sold by
Miller Terry J and Miller Deborah A
Bought by
Rice Kevin
Seller's Agent
Alejandro Alvarez Gonzalez
The Keyes Company
Buyer's Agent
Yvonne Diaz
Better Homes & Gdns RE Fla 1st
List Price
$990,000
Sold Price
$950,000
Premium/Discount to List
-$40,000
-4.04%
Views
37
Current Estimated Value
$998,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,295
Avg. Annual Appreciation
3.13%
Original Mortgage
$400,000
Outstanding Balance
$393,347
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$604,948

Purchase Details

Closed on
Nov 30, 2006
Sold by
Lerner Henry H
Bought by
Miller Terry J and Miller Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.31%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Rice Kevin $950,000 Preferred Title
Miller Terry J $400,000 New Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rice Kevin $400,000
Previous Owner Miller Terry J $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2024 03/15/24 Sold $950,000 -4.0% $896 / Sq Ft
03/10/2024 03/10/24 Pending -- -- --
01/20/2024 01/20/24 For Sale $990,000 -- $934 / 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 $5,246 $750,064 -- --
2024 $5,199 $303,625 -- --
2023 $5,199 $294,782 $0 $0
2022 $5,034 $286,197 $0 $0
2021 $5,017 $277,862 $0 $0
2020 $4,950 $274,026 $0 $0
2019 $4,829 $267,866 $0 $0
2018 $4,627 $262,872 $0 $0
2017 $4,570 $257,466 $0 $0
2016 $4,596 $252,171 $0 $0
2015 $4,647 $250,419 $0 $0
2014 $4,700 $248,432 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11518212

MIAMI REALTORS® MLS

APN: 01-4114-014-0270