$815,000
SOLD APR 7, 2025

2619 SW 31st Place Miami, FL 33133

Northeast Coconut Grove Neighborhood
0.14 Acre
$5,863,309 Price per Acre
6,050 Sq Ft Lot

Recently Sold

$794 Per Sq Ft

16% Below List Price

114 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Cul-De-Sac
  • Coral Gables Senior High School Rated A-

About This Lot

As of April 2025

Prime real estate development OPPORTUNITY for investors or developers looking to build two luxury townhouses on a READY-TO-DEVELOP LOT. The property INCLUDES APPROVED PLANS AND PAID PERMITS, offering a hassle-free investment with a clear path to construction. Each townhouse includes 3 Bedrooms + Den (optional 4th bedroom), 3.5 Bathrooms, Pool, Living Area: 2,611 sq. ft. per unit, non-AC area: 524 sq. ft. per unit, Total Project Information: Total Living Area (both units): 5,222 sq. ft. total non-AC Area: 1,048 sq. ft. Lot Size: 6,050 sq. ft. Zoning details and approved permits are available in the MLS attachments. This is a rare opportunity to develop in a sought-after location with all permits in place!

Last Agent to Sell the Property

Jose Sosa

Compass Florida, LLC License #3074239 Listed on: 12/04/2024

Compass Florida, LLC

Last Buyer's Agent

Gloria Coy

Realty One Group Evolution License #3162638

Realty One Group Evolution

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,444

Lot Details

  • 6,050 Sq Ft Lot
  • Lot Dimensions are 55x110
  • Cul-De-Sac
  • West Facing Home
  • Corner Lot
  • Property is zoned 5700

Location

  • City Lot

Community Details

  • No Home Owners Association
  • South Bay Estates Condos
  • South Bay Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-16-023-0860

Property Details

Property Type

Land

Est. Annual Taxes

$10,444

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Horses: No
  • Lot Size Acres: 0.139
  • Lot Size: 55x110
  • New Construction: No
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Structure Type: Residential
  • Subdivision Name: SOUTH BAY ESTATES
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Investment

Exterior Features

  • Direction Faces: West
  • Lot Features: City Location, Corner Location, Cul-De-Sac Location, Near School, Less Than 1/4 Acre Lot, Other, Sidewalk, Street Lights
  • Other Structures: None
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: SOUTH BAY ESTATES

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-41-16-023-0860
  • Additional Parcels: No
  • Current Use: Zoned Duplex, Check Land Use Plan
  • Development Status: Other
  • Lot Size Sq Ft: 6050
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 10444

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2024
Closed on
Apr 3, 2025
Sold by
Townhouses At The Grove Llc
Bought by
Silver Dcr Llc
Seller's Agent
Jose Sosa
Compass Florida, LLC
Buyer's Agent
Gloria Coy
Realty One Group Evolution
List Price
$975,000
Sold Price
$815,000
Premium/Discount to List
-$160,000
-16.41%
Views
12
Current Estimated Value
$820,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,298
Avg. Annual Appreciation
10.61%
Original Mortgage
$1,820,900
Outstanding Balance
$1,816,058
Interest Rate
6.63%
Mortgage Type
Construction
Estimated Equity
-$974,320

Purchase Details

Listed on
Dec 27, 2021
Closed on
Feb 28, 2022
Sold by
Felix Caceres
Bought by
Townhouses At The Grove Llc
Seller's Agent
Chris ferreyra
EXP Realty LLC
Buyer's Agent
Jose Sosa
Compass Florida, LLC
List Price
$560,000
Sold Price
$558,000
Premium/Discount to List
-$2,000
-0.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.95%

Purchase Details

Closed on
Mar 28, 2016
Sold by
Mccleary Grace
Bought by
Caceres Felix

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,290
Interest Rate
4.62%
Mortgage Type
FHA
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 Type Sale Price Title Company
Warranty Deed $815,000 None Listed On Document
Warranty Deed $558,000 Perland Title
Warranty Deed $260,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,820,900 Construction
Previous Owner $17,636 FHA
Previous Owner $255,290 FHA
Previous Owner $165,000 New Conventional
Previous Owner $34,000 New Conventional
Previous Owner $146,250 New Conventional
Previous Owner $28,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2025 04/07/25 Sold $815,000 -16.4% $794 / Sq Ft
03/28/2025 03/28/25 Pending -- -- --
12/04/2024 12/04/24 For Sale $975,000 +74.7% $950 / Sq Ft
02/28/2022 02/28/22 Sold $558,000 -0.4% $603 / Sq Ft
12/27/2021 12/27/21 For Sale $560,000 -- $605 / 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 $10,444 $457,569 -- --
2024 $9,714 $499,478 -- --
2023 $9,714 $454,071 $369,080 $84,991
2022 $7,326 $329,853 $0 $0
2021 $6,751 $299,867 $248,062 $51,805
2020 $6,382 $281,802 $229,985 $51,817
2019 $6,149 $275,788 $223,959 $51,829
2018 $5,653 $269,774 $217,933 $51,841
2017 $5,063 $221,078 $0 $0
2016 $4,927 $208,329 $0 $0
2015 $874 $85,074 $0 $0
2014 $874 $84,399 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jose Sosa

    Seller's Agent in 2025

    Jose Sosa

    Compass Florida, LLC

    (786) 556-7672

    3 in this area

    75 Total Sales

    Section Image
  • Gloria Coy

    Buyer's Agent in 2025

    Gloria Coy

    Realty One Group Evolution

    (786) 477-4715

    4 in this area

    56 Total Sales

    Section Image
  • Chris ferreyra

    Seller's Agent in 2022

    Chris ferreyra

    EXP Realty LLC

    (786) 355-1449

    2 in this area

    33 Total Sales

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11704213

MIAMI REALTORS® MLS

APN: 01-4116-023-0860

Florida Miami/Dade County Miami 33133 Northeast Coconut Grove

2619 SW 31st Place, Miami, FL

This home is located at 2619 SW 31st Place, Miami, FL 33133 and is currently priced at $815,000, approximately $794 per square foot. 2619 SW 31st Place is a home located in Miami-Dade County with nearby schools including Frances S. Tucker Elementary School, Ponce de Leon Middle School, and Coral Gables Senior High School.

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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