$3,500,000
SOLD JUN 2, 2021
4 Beds
5.5 Baths
3,532 Sq Ft
$3,556/mo HOA Fee

Recently Sold

$991 Per Sq Ft

12% Below List Price

303 Days on Market

Highlights

  • Doorman
  • Ocean View
  • Property Fronts a Bay or Harbor
  • Coconut Grove Elementary School Rated A
  • Community Cabanas
  • 4-minute walk to Regatta Park

About This Home

As of April 2025

Spectacular flow-through view from this 4 + maid quarters/5.5 Bath in the North Tower of award-winning Grove at Grand Bay in Coconut Grove. This expansive 01 floor plan is a true home in the sky, with 12' ceilings, impeccable flooring and style, no end to views including direct SE views of Bay, boundless light and incredible wraparound balconies. Grove at Grand Bay provides true luxury in design, style, 15,000 plants and trees, 5 pools including rooftop pool, restaurant, children's playroom, residence party rooms, and dedicated white glove concierge. Comes with 2 assigned parking spaces and storage.

Last Agent to Sell the Property

Giorgio Vecchi

Douglas Elliman License #3077796 Listed on: 06/08/2020

Douglas Elliman

Co-Listed By

Dario Stoka

Douglas Elliman License #3128648

Last Buyer's Agent

Giorgio Vecchi

Douglas Elliman License #3077796 Listed on: 06/08/2020

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $48,119

Year Built

  • Built in 2016 | Newly Remodeled

HOA Fees

  • $3,556 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Assigned Parking

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,532 Sq Ft Home
  • Built-In Features
  • Marble Flooring

Kitchen

  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Closet Cabinetry

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Zoned Cooling
  • Heat Pump System

Additional Features

  • Outdoor Grill
  • Property Fronts a Bay or Harbor

Listing and Financial Details

  • Assessor Parcel Number 01-41-22-040-0130

Community Details

Overview

  • High-Rise Condominium
  • Grove At Grand Bay Condos
  • Grove At Grand Bay Subdivision
  • 22-Story Property

Amenities

  • Doorman
  • Community Barbecue Grill
  • Community Kitchen
  • Bar or Lounge
  • Elevator

Recreation

  • Community Playground
  • Community Cabanas

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Secure Elevator
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$48,119

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

HOA Fees

$3,556 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2016
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Mls Id: DEOM01
  • Co List Office Phone: 305-695-6300
  • Entry Level: 16
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: Grove at Grand Bay
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Gas Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Cooking Island
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: High Impact Doors
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 3532
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 22
  • Bedroom Features: At Least 1 Bedroom Ground Level, Other

Exterior Features

  • View: Bay, Intracoastal View, Ocean View
  • Exterior Features: Barbeque
  • Construction Type: CBS Construction
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Grove at Grand Bay
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Assigned

Utilities

  • Cooling: Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump/Reverse Cycle
  • Heating Yn: Yes
  • Security: Fire Alarm, Smoke Detector, Doorman, Elevator Secure

Condo/Co-op/Association

  • Association Fee: 3556
  • Amenities: Bar, Bike Storage, Barbecue, Cabana, Elevator(s), Exercise Room, Heated Pool, Kitchen Facilities, Other, Child Play Area, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo, Homeowners

Lot Info

  • Parcel Number: 01-41-22-040-0130
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 3556

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 48119

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2024
Closed on
Apr 24, 2025
Sold by
Signorello Vincent and Signorello Shannon
Bought by
Wanninayake Jagath
Seller's Agent
Giorgio Vecchi
Douglas Elliman
Buyer's Agent
Dario Stoka
Douglas Elliman
List Price
$8,400,000
Sold Price
$7,515,000
Premium/Discount to List
-$885,000
-10.54%
Views
20
Current Estimated Value
$7,444,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$70,854
Avg. Annual Appreciation
-3.72%

Purchase Details

Listed on
Jun 8, 2020
Closed on
Jun 2, 2021
Sold by
Light Blue Grand Bay Llc
Bought by
Signorello Vincent and Signorello Shannon
Seller's Agent
Giorgio Vecchi
Douglas Elliman
Buyer's Agent
Giorgio Vecchi
Douglas Elliman
List Price
$3,999,000
Sold Price
$3,500,000
Premium/Discount to List
-$499,000
-12.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.64%
Original Mortgage
$2,450,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2019
Sold by
Light Blue Icon Llc
Bought by
Light Blue Grand Bay Llc

Purchase Details

Listed on
Sep 13, 2016
Closed on
Dec 5, 2016
Sold by
Alcazar Investments Llc
Bought by
Light Blue Icon Llc
Seller's Agent
Saddy Delgado
One Sotheby's International Realty
Buyer's Agent
Giorgio Vecchi
Douglas Elliman
List Price
$4,250,000
Sold Price
$3,475,000
Premium/Discount to List
-$775,000
-18.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.23%
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 $7,515,000 None Listed On Document
Warranty Deed $3,500,000 Bright Title Services Llc
Quit Claim Deed -- Bright Title Services Llc
Warranty Deed $3,475,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,450,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2025 04/24/25 Sold $7,515,000 -5.9% $2,128 / Sq Ft
03/21/2025 03/21/25 Pending -- -- --
10/18/2024 10/18/24 Price Changed $7,985,000 -4.9% $2,261 / Sq Ft
07/15/2024 07/15/24 For Sale $8,400,000 +140.0% $2,378 / Sq Ft
06/02/2021 06/02/21 Sold $3,500,000 -7.9% $991 / Sq Ft
04/07/2021 04/07/21 Pending -- -- --
08/17/2020 08/17/20 Price Changed $3,799,000 -5.0% $1,076 / Sq Ft
06/08/2020 06/08/20 For Sale $3,999,000 +15.1% $1,132 / Sq Ft
12/09/2016 12/09/16 Sold $3,475,000 -10.9% $984 / Sq Ft
10/31/2016 10/31/16 Pending -- -- --
10/03/2016 10/03/16 Price Changed $3,900,000 -8.2% $1,104 / Sq Ft
09/13/2016 09/13/16 For Sale $4,250,000 -- $1,203 / 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 $62,225 $3,239,167 -- --
2024 $63,691 $3,147,879 -- --
2023 $63,691 $3,056,193 $0 $0
2022 $63,665 $3,130,271 $0 $0
2021 $48,780 $2,295,903 $0 $0
2020 $46,570 $2,186,574 $0 $0
2019 $48,119 $2,254,200 $0 $0
2018 $55,547 $2,652,000 $0 $0
2017 $54,020 $2,550,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10871103

MIAMI REALTORS® MLS

APN: 01-4122-040-0130