$5,875,000
SOLD APR 18, 2021
5 Beds
4.5 Baths
4,959 Sq Ft
0.7 Acres

Recently Sold

$1,185 Per Sq Ft

39% Above List Price

138 Days on Market

Highlights

  • Property has ocean access
  • Deeded Boat Dock
  • Boat Lift
  • Coconut Grove Elementary School Rated A
  • Up to 50-Foot Boat
  • 2-minute walk to Steele Mini Park

About This Home

As of April 2021

1926 WATERFRONT HOME IN N GROVE. ADDITIONS 1988. 160' WATER FRONTAGE ON A 72' WIDE CANAL ONE BLOCK FROM OPEN BAY "NO BRIDGES". QUALITY WORKMANSHIP AND EXQUISITE MATERIALS. ENTERTAINMENT SPACES FLOW FROM INSIDE TO A COURTYARD FEATURING AN IMPORTED COLONIAL WATER FOUNTAIN. FORMAL LR WITH WORKING FIREPLACE & FORMAL DR WITH TRAVERTINE WALLS. FAMILY ROOM FEATURES A MAHOGANY BAR WITH BEVELED GLASS PASS-THROUGH WINDOW TO COVERED PATIO OVERLOOKING THE CANAL. 10'CEILINGS DOWNSTAIRS AND 9'CEILINGS UPSTAIRS. MAHOGANY CABINETRY AND GRANITE COUNTER TOPS INCLUDES ISLAND WITH JENN-AIR GAS GRILL. BEAUTIFUL MAHOGANY STAIRCASE (OR TAKE THE HYDRAULIC ELEVATOR) MASTER OPENS TO 35 X 19 ' BALCONY OVERLOOKING CANAL.
***WAS PURCHASED TOGETHER WITH ADJACENT VACANT LOT

Last Agent to Sell the Property

Lourdes Garcia

Lopez Realty Co. License #0122148 Listed on: 09/21/2020

Co-Listed By

Marielena Valdes

Lopez Realty Co. License #0366711

Last Buyer's Agent

Daniel Hechtkopf

Compass Florida, LLC. License #3219410

Compass Florida, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,387

Year Built

  • Built in 1926

Lot Details

  • 0.7 Acre Lot
  • Lot Dimensions are 160x190
  • Home fronts a canal
  • South Facing Home
  • Fenced
  • Oversized Lot
  • Property is zoned 0100

Parking

  • 1 Car Garage
  • Automatic Garage Door Opener
  • Circular Driveway
  • Open Parking

Property Views

  • Bay
  • Canal

Home Design

  • Old Spanish Architecture
  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,959 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Bay Window
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Jetted Tub and Shower Combination in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Partial Electric Power Shutters
  • High Impact Door
  • Partial Impact Glass
  • Fire Sprinkler System

Outdoor Features

  • Room in yard for a pool
  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Boat Lift
  • Up to 50-Foot Boat
  • Deeded Boat Dock
  • Balcony
  • Exterior Lighting

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 01-41-15-022-0010

Community Details

Overview

  • No Home Owners Association
  • Kloeber Bay Fronts Sec 2,North Grove Subdivision, Beautiful Waterfront Floorplan

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,387

Year Built

Built in 1926

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1926
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story, Old Spanish
  • Co List Office Mls Id: LOPZ
  • Co List Office Phone: 305-266-6233
  • Directions: FROM THE GROVE TAKE SOUTH BAYSHORE DR PAST THE ENTRANCE TO GROVE ISLE. PROPERTY ON THE RIGHT. WALLED PROPERTY. NO SIGN....JUST BEFORE YOU REACH THE 17TH AVE LIGHT.
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlift,Private Dock,Unrestricted Salt Water Access, Dock Owned/Included,Electric Available,Lift,Up to 50 Ft Boat
  • Lot Size: 160x190
  • Master Model: BEAUTIFUL WATERFRONT
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: KLOEBER BAY FRONTS SEC 2,NORTH GROVE
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Electric Range, Refrigerator, Solar Hot Water, Washer
  • Interior Amenities: First Floor Entry, Fire Sprinklers, Entrance Foyer, Volume Ceilings, Walk-In Closet(s), Wet Bar, Attic, Den/Library/Office, Family Room, Utility Room/Laundry
  • Accessibility Features: Accessible Elevator Installed
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 4959
  • Other Equipment: Automatic Garage Door Opener, Elevator
  • Possible Use: Primary
  • Window Features: Partial Accordian Shutters, Partial Electric Power Shutters, Partial Impact Glass, Hurricane Shutters, Bay Window(s)
  • Bedroom Features: At Least 1 Bedroom Ground Level, Sitting Area - Master Bedroom, Master Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Formal Dining
  • Living Room Features: Attic, Den/Library/Office, Family Room, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Dual Sinks, Shower Only, Whirlpool/Spa

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: Bay, Canal, Water
  • Exterior Features: Lighting, Open Balcony, Room For Pool
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot, East Of US 1, Oversized Lot
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: WF/Ocean Access, Canal Front, No Fixed Bridges, Ocean Access, Seawall
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: KLOEBER BAY FRONTS SEC 2
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Covered

Utilities

  • Sewer: Public 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 Sprinklers, Owned Burglar Alarm

Condo/Co-op/Association

  • Association: No
  • Community Features: Gated, Street Lights

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-15-022-0010
  • Lot Size Sq Ft: 30400
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 16387

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2020
Closed on
Apr 12, 2021
Sold by
Valdes Marielena
Bought by
514521 Llc
Seller's Agent
Lourdes Garcia
Lopez Realty Co.
Buyer's Agent
Daniel Hechtkopf
Compass Florida, LLC.
List Price
$4,230,000
Sold Price
$5,875,000
Premium/Discount to List
$1,645,000
38.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.29%
Original Mortgage
$4,500,000
Outstanding Balance
$4,080,518
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$3,543,695

Purchase Details

Closed on
May 18, 2004
Sold by
Valdes Albert and Valdes Maria Elena
Bought by
Valdes Alberto and Valdes Marilena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$454,000
Interest Rate
5.11%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $5,875,000 Attorney
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,500,000 New Conventional
Previous Owner $454,000 Unknown
Previous Owner $200,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2025 05/08/25 Price Changed $9,995,000 -9.1% --
04/09/2025 04/09/25 Price Changed $10,995,000 -10.2% --
02/04/2025 02/04/25 For Sale $12,250,000 +87.6% --
05/01/2021 05/01/21 Price Changed $6,530,000 +99900.0% $1,317 / Sq Ft
05/01/2021 05/01/21 Price Changed $6,530 -99.8% $1 / Sq Ft
05/01/2021 05/01/21 For Sale $4,230,000 -28.0% $853 / Sq Ft
04/18/2021 04/18/21 Sold $5,875,000 0.0% $1,185 / Sq Ft
02/03/2021 02/03/21 Off Market $5,875,000 -- --
02/03/2021 02/03/21 Pending -- -- --
09/18/2020 09/18/20 For Sale $4,230,000 -- $853 / 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 $132,451 $6,709,384 -- --
2024 $121,264 $6,099,440 -- --
2023 $121,264 $5,544,946 $0 $0
2022 $104,298 $5,040,860 $3,420,000 $1,620,860
2021 $17,189 $832,881 $0 $0
2020 $16,987 $821,382 $0 $0
2019 $16,387 $791,497 $0 $0
2018 $15,770 $776,739 $0 $0
2017 $15,612 $760,763 $0 $0
2016 $15,734 $745,116 $0 $0
2015 $15,911 $739,937 $0 $0
2014 $16,093 $734,065 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10929750

MIAMI REALTORS® MLS

APN: 01-4115-022-0010