NOT LISTED FOR SALE

2575 SW 27th Ave, Unit 512 Miami, FL 33133

Northeast Coconut Grove Neighborhood

Estimated Value: $301,000 - $323,000

2 Beds
2 Baths
625 Sq Ft
1991 Built

Sale Details

Date Sold: October 23, 2020

Last sale price $210,000 $336 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,083 / mo

199 Days on Market

About This Home

As of October 2020

Motivated seller! Beautifully remodeled unit, with updated kitchen and bathrooms. Updated floors throughout. Hurricane accordion shutters are installed in the kitchen and master bedroom window. Perfectly situated in the heart of Miami, near Coconut Groove, downtown Miami, and Coral Gables. Near lots of shopping, restaurants, metrorail, and hospitals.

Last Agent to Sell the Property

Lynette Martinez

LPT Realty, LLC License #3442121 Listed on: 02/27/2020

LPT Realty, LLC

Last Buyer's Agent

Alyssa Curiel

LPT Realty, LLC License #3348587

LPT Realty, LLC

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1991

HOA Fees

  • $258 per month

Parking

  • Assigned parking located at #1

Home Design

  • 625 Sq Ft Home
  • Substantially Remodeled

Accessible Home Design

  • Accessible Elevator Installed

Community Details

  • Association fees include building exterior, common area, landscaping/lawn maintenance, sewer, water
  • Marbella By The Grove Con Condos

Listing and Financial Details

  • Assessor Parcel Number 01-41-15-105-0580

Property Details

Home Type

Condominium

Year Built

Built in 1991

Lot Details

0 Sq Ft Lot

HOA Fees

$258 per month

Listing Details

  • Blogging: Yes
  • Internet Remarks: Motivated seller! Beautifully remodeled unit, with updated kitchen and bathrooms. Updated floors throughout. Please contact LA to view ...
  • Municipal Code: 1
  • Property Type: Condo/Co-Op/Villa/Townhouse
  • Restrictions: Ok To Lease, See Broker Remarks
  • Section: 15
  • Year Built: 1991
  • Year Built Description: Resale
  • Flood Zone: X
  • Furnished Info Sold: Unfurnished
  • Intended Use: Primary
  • Lp Amt Sq Ft: 360.8000
  • Ratio Close Price By List Price: 0.93126
  • Style: Condo 5+ Stories
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Elevator
  • Adjusted Area Sq Ft: 625
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Appliances: Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Furnished Info: Unfurnished
  • Sq Ft Liv Area: 625
  • Total Sq Ft: 625

Exterior Features

  • Construction Type: Concrete Block Construction

Garage/Parking

  • Parking Description: 1 Space
  • Parking Space Number: 1
  • Parking Restrictions: No Motorcycle, No Rv/Boats, No Trucks/Trailers

Utilities

  • Security Information: Card Entry
  • Cooling Description: Central Cooling
  • Heating Description: Central Heat

Condo/Co-op/Association

  • Floor Description: Tile Floors
  • Subdivision Complex Bldg: MARBELLA BY THE GROVE CON
  • Total Floors In Building: 5
  • Type of Governing Bodies: Condominium
  • Housing Older Persons Act: No Hopa
  • Association Fee: 258
  • Association Fee Paid Per: Monthly
  • Complex Name: MARBELLA BY THE GROVE CON
  • Type of Association: Condo

Fee Information

  • Application Fee: 100
  • Maintenance Includes: Building Exterior, Common Area, Landscaping/Lawn Maintenance, Sewer, Water

Lot Info

  • Parcel Number: 01-41-15-105-0580
  • Parcel Number Mlx: 0580

Rental Info

  • Approval Information: 3-4 Weeks Approval
  • Pet Restriction: Restrictions Or Possible Restrictions
  • Pets Allowed: Yes

Tax Info

  • Tax Information: Tax Reflects City & County Tax
  • Tax Amount: 2747
  • Tax Year: 2019

Multi Family

  • Unit Floor Location: 5
  • Unit Design: Substantially Remodeled

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2020
Closed on
Oct 7, 2020
Sold by
Rivera Juan
Bought by
Cabrera Yesica Karina Altez
Seller's Agent
Lynette Martinez
LPT Realty, LLC
Buyer's Agent
Alyssa Curiel
LPT Realty, LLC
List Price
$245,500
Sold Price
$210,000
Premium/Discount to List
-$35,500
-14.46%
Current Estimated Value
$308,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,322
Avg. Annual Appreciation
7.25%
Original Mortgage
$110,000
Outstanding Balance
$97,661
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$210,661

Purchase Details

Closed on
Mar 28, 2006
Sold by
Lopez Manuel
Bought by
Rivera Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,400
Interest Rate
7.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 20, 2004
Sold by
Grove Gate Developers Llc
Bought by
Lopez Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,850
Interest Rate
5.63%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Cabrera Yesica Karina Altez $210,000 None Available
Rivera Juan $223,000 Interactive Title Services G
Lopez Manuel $163,000 Title Company Of America Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cabrera Yesica Karina Altez $110,000
Previous Owner Rivera Juan $178,400
Previous Owner Lopez Manuel $154,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2020 10/23/20 Sold $210,000 -6.9% $336 / Sq Ft
09/13/2020 09/13/20 Pending -- -- --
08/31/2020 08/31/20 Price Changed $225,500 -6.0% $361 / Sq Ft
08/02/2020 08/02/20 Price Changed $239,900 -2.3% $384 / Sq Ft
02/27/2020 02/27/20 For Sale $245,500 0.0% $393 / Sq Ft
07/23/2018 07/23/18 Rented $1,800 0.0% --
07/10/2018 07/10/18 Under Contract -- -- --
06/25/2018 06/25/18 For Rent $1,800 0.0% --
06/04/2018 06/04/18 Under Contract -- -- --
04/06/2018 04/06/18 For Rent $1,800 -- --
Source: MIAMI REALTORS® MLS

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 $2,277 $159,914 -- --
2024 $2,241 $155,408 -- --
2023 $2,241 $150,882 $0 $0
2022 $2,154 $146,488 $0 $0
2021 $2,135 $142,222 $0 $0
2020 $2,941 $138,080 $0 $0
2019 $2,862 $134,058 $0 $0
2018 $563 $55,909 $0 $0
2017 $563 $54,760 $0 $0
2016 $572 $53,634 $0 $0
2015 $581 $53,262 $0 $0
2014 $590 $52,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Lynette Martinez

    LPT Realty, LLC

    (954) 530-0211

    7 Total Sales

    Lynette Martinez
    Section Image

  • A

    Buyer's Agent in 2020

    Alyssa Curiel

    LPT Realty, LLC

    (954) 389-3459

    7 Total Sales

    Alyssa Curiel
    Section Image
  • Patrizia Pluchino PA

    Seller's Agent in 2018

    Patrizia Pluchino PA

    The Keyes Company

    (786) 302-0747

    1 in this area

    10 Total Sales

    Patrizia Pluchino PA
    Section Image
  • Jonathan Quintana

    Buyer's Agent in 2018

    Jonathan Quintana

    Jennifer Homes Realty

    (305) 458-3530

    60 Total Sales

    Jonathan Quintana
    Section Image
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About This Building

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10816960

MIAMI REALTORS® MLS

APN: 01-4115-105-0580

Florida Miami/Dade County Miami 33133 Northeast Coconut Grove

2575 SW 27th Ave Unit 512, Miami, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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