NOT LISTED FOR SALE

Estimated Value: $1,132,205 - $1,247,000

3 Beds
3 Baths
968 Sq Ft
$945/mo HOA Fee

Last Sold December 23, 2022

Last sale price $1,100,000 $1,136 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $8,655/month

106 Days on Market

Highlights

  • Direct Ocean View
  • Deeded Boat Dock
  • Community Cabanas
  • Coconut Grove Elementary School Rated A
  • Up to 40-Foot Boat
  • 3-minute walk to Steele Mini Park

About This Home

As of December 2022

SALE INCLUDES 2/2 APT+ 1/1 CABANA+ DEEDED DOCK + 2 PARKING SPACES. This unique property is hidden in the North Grove neighborhood, next to Mercy Hospital. Minutes from downtown and Coconut Grove. This Large 2 bed 2 bath Condo (968 SF) in Pelican Reef West Condo is located in a gated community. The building has only 14 units and a private elevator that opens to your unit. This APT. comes with a separate cabana (197 SF), which is basically another private room, with its private entrance, a full bath, and a separate folio number. The APT has a large wrap-around terrace overlooking the pool, the dock, and Biscayne Bay. The apartment also comes with a deeded dock where you can dock up to a 38-40 FT boat and two parking spaces. Easy to show. IF FINANCING STRONGLY RECOMMEND OUR PREFERRED LENDER.

Last Agent to Sell the Property

Danilo Cardona

DACAM License #3046748 Listed on: 07/18/2022

Last Buyer's Agent

Astrid Miniet

LPT Realty, LLC License #3110047

LPT Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,770

Year Built

  • Built in 1984

Lot Details

  • Property Fronts a Bay or Harbor
  • End Unit

HOA Fees

  • $945 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener

Property Views

  • Direct Ocean
  • Bay
  • Pool

Home Design

  • Elevated Home
  • Entry on the 2nd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 968 Sq Ft Home
  • Partially Furnished
  • Tile Flooring
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Studio bedroom
  • Closet Cabinetry
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Seawall
  • Up to 40-Foot Boat
  • Deeded Boat Dock

Location

  • East of U.S. Route 1

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 01-41-14-022-0010

Community Details

Overview

  • 14 Units
  • Mid-Rise Condominium
  • Pelican Reef West Condo
  • Pelican Reef West Condo,Glencoe Subdivision
  • 6-Story Property

Amenities

  • Community Barbecue Grill

Recreation

  • Boat Dock
  • Community Cabanas

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • Phone Entry
  • Secure Elevator
  • Complex Is Fenced
  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,770

Year Built

Built in 1984

Lot Details

0

HOA Fees

$945 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1984
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Entry Level: 2
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Dock,Dock Available,Private Dock, Private Dock,UP to 40 Ft Boat
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: PELICAN REEF WEST CONDO,Glencoe
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Interior Amenities: Closet Cabinetry
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Tile
  • Furnished: Partially Furnished
  • Living Area: 968
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Secondary
  • Stories: 6
  • Window Features: Hurricane Shutters, Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level, Other, Studio

Exterior Features

  • View: Bay, Ocean View, Direct Ocean, Pool Area View, Water View
  • Exterior Features: East Of Us1
  • Construction Type: CBS Construction, Elevated Construction
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Seawall
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Pelican Reef West Condo
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Parking-Under Building

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Complex Fenced, Elevator Secure, Card Entry, Phone Entry, Fire Alarm

Condo/Co-op/Association

  • Association Fee: 945
  • Amenities: Boat Dock, Barbecue, Cabana, Elevator(s)
  • 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: 01-41-14-022-0010
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 14
  • Number Of Units Total: 14

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5770

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2022
Closed on
Dec 20, 2022
Sold by
Alleguez Aldo F
Bought by
Garcia Gaston J and Garcia Carlos A
Seller's Agent
Danilo Cardona
DACAM
Buyer's Agent
Astrid Miniet
LPT Realty, LLC
List Price
$1,450,000
Sold Price
$1,100,000
Premium/Discount to List
-$350,000
-24.14%
Views
11
Current Estimated Value
$1,191,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,301
Avg. Annual Appreciation
2.92%
Original Mortgage
$880,000
Outstanding Balance
$851,905
Interest Rate
6.61%
Mortgage Type
Construction
Estimated Equity
$339,396

Purchase Details

Closed on
Aug 26, 2004
Sold by
Miyares Hebe Blanco
Bought by
Alleguez Aldo F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
5.97%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 27, 2002
Sold by
Cara D Anderson I
Bought by
Miyares Hebe B

Purchase Details

Closed on
Aug 23, 2002
Sold by
Miyares Hebe Blanco and Miyares Bernardo
Bought by
Hebe B Miyares Revocable Trust

Purchase Details

Closed on
Sep 8, 1998
Sold by
Seckinger Daniel L
Bought by
Dee Anderson Cara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.96%
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
Garcia Gaston J $1,100,000 P & P Title
Alleguez Aldo F $510,000 Title Assurance Group Inc
Miyares Hebe B $325,000 --
Hebe B Miyares Revocable Trust -- --
Dee Anderson Cara $226,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Gaston J $880,000
Previous Owner Alleguez Aldo F $408,000
Previous Owner Dee Anderson Cara $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2022 12/23/22 Sold $1,100,000 -12.0% $1,136 / Sq Ft
11/01/2022 11/01/22 Pending -- -- --
10/17/2022 10/17/22 Price Changed $1,250,000 -7.4% $1,291 / Sq Ft
08/23/2022 08/23/22 Price Changed $1,350,000 -6.9% $1,395 / Sq Ft
07/18/2022 07/18/22 For Sale $1,450,000 -- $1,498 / 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 $16,423 $862,972 -- --
2024 $14,661 $784,520 -- --
2023 $14,661 $713,200 $0 $0
2022 $5,787 $322,732 $0 $0
2021 $5,770 $313,333 $0 $0
2020 $5,695 $309,007 $0 $0
2019 $5,559 $302,060 $0 $0
2018 $5,330 $296,428 $0 $0
2017 $5,266 $290,332 $0 $0
2016 $5,298 $284,361 $0 $0
2015 $5,357 $282,385 $0 $0
2014 $5,419 $280,144 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11242461

MIAMI REALTORS® MLS

APN: 01-4114-022-0010