$1,308,000 - $1,817,000
RENTED MAR 5, 2025
3 Beds
2 Baths
1,774 Sq Ft
1980 Built

Last Sold March 31, 2015

Last sale price $860,000 $485 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $9,814/month

Highlights

  • Ocean Front
  • Private Dock
  • In Ground Pool
  • Coconut Grove Elementary School Rated A
  • Intercom to Front Desk
  • 3-minute walk to Steele Mini Park

About This Home

As of March 2025

This is a true hidden gem, nestled in a boutique complex overlooking Biscayne Bay. This private oasis features a private elevator that opens up right into your living room. Situated in the heart of Coconut Grove, enjoy an expansive wrap around balcony with stunning water views. Completely furnished and fully renovated open floor plan condo boasts charming Coconut Grove style furnishings, wooden floors, stainless steel appliances, washer/dryer in the unit, breakfast bar, and a hammock to enjoy the serene sunrises. This unit comes with 2 reserved parking spots, gated community, and heated pool over looking the Bay.

Last Agent to Rent the Property

Randi Connell

Compass Florida, LLC Brokerage Phone: 305-726-9726 License #3487901 Listed on: 02/11/2025

Compass Florida, LLC

Co-Listed By

Riley Smith

Compass Florida, LLC Brokerage Phone: 305-726-9726 License #3028618

Last Renter's Agent

Toni Keel

RE/MAX 360 Real Estate License #0191108

RE/MAX 360 Real Estate

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,638

Year Built

  • Built in 1980

Lot Details

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

Parking

  • 2 Car Garage
  • Assigned Parking
  • Secure Parking

Property Views

  • Direct Ocean
  • Bay

Home Design

  • Entry on the 3rd floor
  • Substantially Remodeled

Interior Spaces

  • 1,774 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Blinds
  • Bay Window
  • Open Floorplan

Kitchen

  • Microwave
  • Dishwasher
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • No Fixed Bridges
  • Private Dock
  • Balcony
  • Deck
  • Patio

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 2/11/25
  • 12 Months,Short Term Lease,Month To Month Lease Term
  • Assessor Parcel Number 01-41-14-018-0030

Community Details

Overview

  • No Home Owners Association
  • Port Bywater Condo
  • Port Bywater Condo Subdivision
  • Maintained Community

Amenities

  • Clubhouse
  • Intercom to Front Desk
  • Elevator

Recreation

  • Boat Dock
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Complete Accordion Shutters

Condo Details

Home Type

Condominium

Est. Annual Taxes

$18,638

Year Built

Built in 1980

Lot Details

0

Parking

2

Rental Info

  • Pets Allowed: No
  • Available Date: 2025-02-11
  • Lease Term: 12 Months,Short Term Lease,Month To Month

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1980
  • Property Sub Type: Condominium
  • Co List Office Mls Id: COMP03
  • Co List Office Phone: 305-851-2820
  • Entry Level: 3
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Community Boat Dock,Private Dock
  • Lease Assignable: No
  • New Construction: No
  • Building Stories: 4
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: PORT BYWATER CONDO
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Attribution Contact: 305-726-9726
  • Special Features: VirtualTour
  • Stories: 4

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Interior Amenities: Elevator, Pantry
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Furnished: Furnished
  • Living Area: 1774
  • Stories: 4
  • Window Features: Complete Accordian Shutters, Hurricane Shutters, Bay Window(s), Blinds
  • Bedroom Features: Primary Bath Shower
  • Dining Room Features: Dining/Living Room, Family/Dining Combination, Snack Bar/Counter

Exterior Features

  • View: Bay, Ocean, Direct Ocean
  • Exterior Features: Open Balcony
  • Direction Faces: Northeast
  • Lot Features: Regular Lot
  • Patio And Porch Features: Deck, Open Balcony, Patio, Wrap Around
  • Pool Features: In Ground
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: Yes
  • Waterfront Features: No Fixed Bridges, Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Park Building Name: PORT BYWATER CONDO
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Spaces, Assigned

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Intercom In Lobby, Key/Card Entry Parking

Condo/Co-op/Association

  • Amenities: Clubhouse, Community Pool, Elevator(s), Maintained Community
  • Association: No

Lot Info

  • Parcel Number: 01-41-14-018-0030
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 4600
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2015
Closed on
Mar 31, 2015
Sold by
Ghaemi Michael M and Pikula Linda
Bought by
Zand Alexandra
Seller's Agent
Isabelle Andrews
BHHS EWM Realty
Buyer's Agent
Jeri Jenkins
Coldwell Banker Realty
List Price
$895,000
Sold Price
$860,000
Premium/Discount to List
-$35,000
-3.91%
Current Estimated Value
$1,575,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$715,123
Avg. Annual Appreciation
5.89%
Original Mortgage
$450,000
Outstanding Balance
$346,544
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,228,579

Purchase Details

Closed on
Dec 10, 2002
Sold by
Ramirez Jose and Ramirez Donna
Bought by
Ghaemi Michael M and Pikula Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
5.5%

Purchase Details

Closed on
Jul 3, 2001
Sold by
Claudio Martinez I
Bought by
Ramirez Jose and Ramirez Donna

Purchase Details

Closed on
May 4, 1998
Sold by
Miami Rice Technology Corp
Bought by
Martinez Claudio L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 1993
Sold by
Crane Robert V and Crane Shirley R
Bought by
Miami Rice Technology Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.05%
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
Zand Alexandra $860,000 None Available
Ghaemi Michael M $425,000 --
Ramirez Jose $330,000 --
Martinez Claudio L $240,000 --
Miami Rice Technology Corp $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zand Alexandra $450,000
Previous Owner Ghaemi Michael M $340,000
Previous Owner Martinez Claudio L $240,000
Previous Owner Miami Rice Technology Corp $200,000
Closed Ghaemi Michael M $63,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/05/2025 03/05/25 Rented $8,000 +23.1% --
02/27/2025 02/27/25 Under Contract -- -- --
02/11/2025 02/11/25 For Rent $6,500 0.0% --
03/11/2024 03/11/24 Rented $6,500 0.0% --
02/14/2024 02/14/24 Under Contract -- -- --
02/08/2024 02/08/24 For Rent $6,500 0.0% --
02/27/2023 02/27/23 Rented $6,500 0.0% --
01/24/2023 01/24/23 Under Contract -- -- --
01/09/2023 01/09/23 For Rent $6,500 0.0% --
04/07/2022 04/07/22 Rented $6,500 +10.2% --
03/20/2022 03/20/22 Under Contract -- -- --
03/15/2022 03/15/22 Price Changed $5,900 +7.3% $3 / Sq Ft
03/14/2022 03/14/22 For Rent $5,500 0.0% --
03/07/2022 03/07/22 Under Contract -- -- --
03/02/2022 03/02/22 For Rent $5,500 +19.6% --
08/03/2019 08/03/19 Rented $4,599 0.0% --
07/31/2019 07/31/19 Off Market $4,599 -- --
07/29/2019 07/29/19 Under Contract -- -- --
03/30/2019 03/30/19 Price Changed $4,599 -4.2% $3 / Sq Ft
03/08/2019 03/08/19 Price Changed $4,799 -5.9% $3 / Sq Ft
02/28/2019 02/28/19 Price Changed $5,099 -15.0% $3 / Sq Ft
02/11/2019 02/11/19 For Rent $5,999 +30.4% --
06/02/2017 06/02/17 Rented $4,599 0.0% --
05/24/2017 05/24/17 Under Contract -- -- --
05/09/2017 05/09/17 Price Changed $4,599 -8.0% $3 / Sq Ft
04/19/2017 04/19/17 Price Changed $5,000 -16.7% $3 / Sq Ft
03/02/2017 03/02/17 Price Changed $6,000 -7.7% $3 / Sq Ft
01/17/2017 01/17/17 For Rent $6,500 0.0% --
03/31/2015 03/31/15 Sold $860,000 -3.9% $485 / Sq Ft View Prior Sale
01/26/2015 01/26/15 Pending -- -- --
01/06/2015 01/06/15 For Sale $895,000 -- $505 / 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 $18,638 $905,080 -- --
2024 $16,287 $822,800 -- --
2023 $16,287 $748,000 $0 $0
2022 $14,018 $680,000 $0 $0
2021 $14,448 $680,000 $0 $0
2020 $14,483 $680,000 $0 $0
2019 $14,516 $680,000 $0 $0
2018 $15,693 $749,214 $0 $0
2017 $15,872 $749,214 $0 $0
2016 $14,865 $681,104 $0 $0
2015 $7,904 $396,936 $0 $0
2014 $7,996 $393,786 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11742554

MIAMI REALTORS® MLS

APN: 01-4114-018-0030