NOT LISTED FOR SALE

Estimated Value: $7,665,000 - $9,065,310

5 Beds
4.5 Baths
5,692 Sq Ft
$5,202/mo HOA Fee

Last Sold May 18, 2018

Last sale price $5,000,000 $878 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $61,126/month

584 Days on Market

Highlights

  • Doorman
  • Ocean View
  • Fitness Center
  • Coconut Grove Elementary School Rated A
  • Community Cabanas
  • 4-minute walk to Regatta Park

About This Home

As of May 2018

LIVE WITHIN THE HISTORIC AND CULTURAL HEART OF MIAMI. DESIGNED BY BJARKE INGLES OF BIG ARCHITECTS, CAPTURE BREATHTAKING VIEWS OF THE BAY & CITY. THIS DECORATOR READY UNIT HAS MIELE APPLIANCES,12 FT CEILINGS, MARBLE BATHROOMS, A WRAPAROUND BALCONY, A 2 CAR GARAGE. BUILDING FEATURES A FITNESS CENTER, SPA, RESTAURANT ONLY OFFERED TO RESIDENTS, CONCIERGE SERVICES..

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

Michelle Cremata

London Foster Realty License #3085674

London Foster Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $136,524

Year Built

  • Built in 2016 | Newly Remodeled

HOA Fees

  • $5,202 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Property Views

Home Design

  • Entry on the 18th floor

Interior Spaces

  • 5,692 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
  • Trash Compactor
  • Disposal

Flooring

  • Concrete
  • Marble

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

Outdoor Features

  • Deck
  • Outdoor Grill

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-41-22-001-1803

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
  • Lobby
  • 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

$136,524

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

HOA Fees

$5,202 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2016
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 18
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Disposal, Dryer, Microwave, Gas Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Lobby, First Floor Entry, Elevator, Fire Sprinklers, Laundry Tub, Split Bedroom, Den/Library/Office, Maid/In-Law Quarters, Storage
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: High Impact Doors
  • Flooring: Concrete, Marble
  • Furnished: Unfurnished
  • Living Area: 5692
  • 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: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Bay, Ocean View, Skyline
  • Exterior Features: Barbeque, Open Balcony
  • 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: 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: 5202
  • Amenities: 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: 01-41-22-001-1803
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 5202

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2016
Closed on
May 17, 2018
Sold by
Gomez Jose F Da Costa and Gomez Annelies Da Costa
Bought by
Compress Patricia and Bermudez Maria
Seller's Agent
Saddy Delgado
One Sotheby's International Realty
Buyer's Agent
Michelle Cremata
London Foster Realty
List Price
$6,950,000
Sold Price
$5,000,000
Premium/Discount to List
-$1,950,000
-28.06%
Current Estimated Value
$8,493,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,493,828
Avg. Annual Appreciation
7.37%
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 Buyer Sale Price Title Company
Compress Patricia $5,000,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2018 05/18/18 Sold $5,000,000 -9.1% $878 / Sq Ft
04/20/2018 04/20/18 Pending -- -- --
11/10/2017 11/10/17 Price Changed $5,500,000 -5.2% $966 / Sq Ft
07/25/2017 07/25/17 Price Changed $5,800,000 -9.4% $1,019 / Sq Ft
04/28/2017 04/28/17 Price Changed $6,399,000 -7.9% $1,124 / Sq Ft
09/13/2016 09/13/16 For Sale $6,950,000 -- $1,221 / 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 $136,524 $6,719,512 -- --
2024 $104,027 $6,856,645 -- --
2023 $104,027 $4,624,623 $0 $0
2022 $89,189 $4,204,203 $0 $0
2021 $81,205 $3,822,003 $0 $0
2020 $77,525 $3,640,003 $0 $0
2019 $80,104 $3,752,580 $0 $0
2018 $92,470 $4,414,800 $0 $0
2017 $89,927 $4,245,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10147403

MIAMI REALTORS® MLS

APN: 01-4122-040-0470