$3,475,000
SOLD DEC 9, 2016
4 Beds
5.5 Baths
3,532 Sq Ft
$3,295/mo HOA Fee

Recently Sold

$984 Per Sq Ft

18% Below List Price

48 Days on Market

Highlights

  • Doorman
  • Ocean View
  • Bar or Lounge
  • Coconut Grove Elementary School Rated A
  • Community Cabanas
  • 4-minute walk to Regatta Park

About This Home

As of April 2025

LIVE AT THIS GROVE AT GRAND BAY SPECTACULAR UNIT. WITH ITS TWISTING, DANCING GLASS TOWERS THAT ALLOW FOR PANORAMIC VIEWS OF BISCAYNE BAY AND THE MIAMI SKYLINE. ENJOY TOP OF THE LINE APPLIANCES AND AMENTIES. THIS UNIT IS DESIGNER READY, MIELE APPLIANCES, 12 FT CEILINGS, MARBLE BATHROOMS, A DEN, 2 PARKING SPACES. ENJOY AN ON SITE RESTAURANT ONLY OFFERED TO RESIDENTS, SPA, CONCIERGE SERVICES, FITNESS CENTER, AND MUCH MORE.

Last Agent to Sell the Property

Saddy Delgado

One Sotheby's International Realty License #0430423 Listed on: 09/13/2016

One Sotheby's International Realty

Last Buyer's Agent

Giorgio Vecchi

Douglas Elliman License #3077796

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $63,691

Year Built

  • Built in 2016 | Newly Remodeled

HOA Fees

  • $3,295 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Assigned Parking

Property Views

Interior Spaces

  • 3,532 Sq Ft Home
  • Combination Dining and Living Room
  • Den
  • Storage Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Cooking Island
  • Trash Compactor
  • Disposal

Flooring

  • Concrete
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Maid or Guest Quarters
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

Outdoor Features

  • Deck
  • Outdoor Grill

Additional Features

  • Accessible Elevator Installed
  • Northeast Facing Home
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-41-22-001-1601

Community Details

Overview

  • High-Rise Condominium
  • Grove At Grand Bay Condos
  • Car Wash Area
  • 20-Story Property

Amenities

  • Doorman
  • Community Barbecue Grill
  • Trash Chute
  • Business Center
  • Community Library
  • Bar or Lounge
  • Community Storage Space
  • Elevator

Recreation

  • Community Cabanas
  • Community Spa

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Secure Elevator
  • Impact Glass
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$63,691

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

HOA Fees

$3,295 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2016
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Entry Level: 16
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Year Built Details: New Construction
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Disposal, Dryer, Microwave, Gas Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Cooking Island, Elevator, Fire Sprinklers, Laundry Tub, Split Bedroom, Den/Library/Office, Maid/In-Law Quarters, Storage
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: High Impact Doors
  • Flooring: Concrete, Marble
  • Furnished: Unfurnished
  • Living Area: 3532
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Unknown/Withheld
  • Stories: 20
  • Window Features: Impact Glass
  • Bedroom Features: Other
  • Dining Room Features: Breakfast Area, Dining/Living Room, Eat-In Kitchen
  • Living Room Features: Den/Library/Office, Maid/In-Law Quarters, Storage Room
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Bay, Ocean View, Water View
  • Exterior Features: East Of Us1, Barbeque, Open Balcony
  • Direction Faces: Northeast
  • Patio And Porch Features: Deck, Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Fuse Box
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub
  • Security: Fire Sprinklers, Fire Alarm, Smoke Detector, Doorman, Elevator Secure

Condo/Co-op/Association

  • Association Fee: 3295
  • Amenities: Bar, Bike Storage, Barbecue, Business Center, Cabana, Elevator(s), Exercise Room, Storage, Library, Pool, Spa/Hot Tub, Trash Chute, Vehicle Wash Area
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-22-001-1601
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 3295

Tax Info

  • Tax Year: 2016

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.82%

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
9.36%
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 $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
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: A10147575

MIAMI REALTORS® MLS

APN: 01-4122-040-0130