NOT LISTED FOR SALE

Estimated Value: $7,727,000 - $8,761,000

5 Beds
6.5 Baths
4,859 Sq Ft
$4,976/mo HOA Fee

Last Sold November 13, 2020

Last sale price $4,400,000 $906 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $60,637/month

136 Days on Market

Highlights

  • Doorman
  • Direct Ocean View
  • Bar or Lounge
  • Coconut Grove Elementary School Rated A
  • Property fronts an intracoastal waterway
  • 4-minute walk to Regatta Park

About This Home

As of November 2020

Renovation Just Completed! Uniquely modified floor-plan to boast two huge master walk-in closets and expanded living areas. Spectacular flow-through view from this 4 + maid quarters/6.5 Bath corner unit in the North Tower of award-winning Grove at Grand Bay in Coconut Grove. This highest available 01 floor plan is a true home in the sky, with 12' ceilings, brand newly installed marble and oak wood flooring, 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, large pool and restaurant, rooftop pool, children's playroom, residence party rooms, pet spa and dedicated white glove concierge. Comes with 2 assigned fully enclosed parking spaces and storage.

Last Agent to Sell the Property

Giorgio Vecchi

Douglas Elliman License #3077796 Listed on: 06/23/2020

Douglas Elliman

Co-Listed By

Dario Stoka

Douglas Elliman License #3128648

Last Buyer's Agent

Saddy Delgado

One Sotheby's International Realty License #0430423

One Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $83,964

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor
  • East Facing Home

HOA Fees

  • $4,976 Monthly HOA Fees

Parking

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

Property Views

Home Design

  • Penthouse
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,859 Sq Ft Home
  • Built-In Features
  • Combination Dining and Living Room
  • Den

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Closet Cabinetry
  • Walk-In Closet
  • Maid or Guest Quarters
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Outdoor Grill

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 01-41-22-040-0170

Community Details

Overview

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

Amenities

  • Doorman
  • Community Barbecue Grill
  • Sauna
  • Trash Chute
  • Community Center
  • Party Room
  • Recreation Room
  • Bar or Lounge
  • Lobby
  • Secure Lobby

Recreation

  • Community Playground
  • Community Spa

Pet Policy

  • Breed Restrictions

Building Details

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$83,964

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

HOA Fees

$4,976 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2016
  • Property Sub Type: Condominium
  • Architectural Style: High Rise, Penthouse
  • Co List Office Mls Id: DEOM01
  • Co List Office Phone: 305-695-6300
  • Entry Level: 20
  • 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: Lobby, First Floor Entry, Built-in Features, Closet Cabinetry, Cooking Island, Walk-In Closet(s), Den/Library/Office, Maid/In-Law Quarters
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: High Impact Doors
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 4859
  • Other Equipment: Automatic Garage Door Opener, Natural Gas
  • Possible Use: Unknown/Withheld
  • Stories: 22
  • Window Features: Clear Impact Glass, Complete Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level
  • Dining Room Features: Breakfast Area, Dining/Living Room
  • Living Room Features: Den/Library/Office, Maid/In-Law Quarters
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Bay, Intracoastal View, Direct Ocean
  • Exterior Features: Barbeque, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Intracoastal Front
  • 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, Fee Simple Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: 4976
  • Amenities: Bar, Bike Storage, Barbecue, Community Room, Elevator(s), Exercise Room, Heated Pool, Hobby Room, Other, Child Play Area, Pool, Sauna, Spa/Hot Tub, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo, Homeowners

Lot Info

  • Parcel Number: 01-41-22-040-0170
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 4976

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 83964

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2020
Closed on
Nov 12, 2020
Sold by
Fryd Michael E and The Bessie Giller Trust
Bought by
Sharem Properties Llc
Seller's Agent
Giorgio Vecchi
Douglas Elliman
Buyer's Agent
Saddy Delgado
One Sotheby's International Realty
List Price
$4,850,000
Sold Price
$4,400,000
Premium/Discount to List
-$450,000
-9.28%
Current Estimated Value
$8,621,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,221,204
Avg. Annual Appreciation
13.07%

Purchase Details

Closed on
Mar 6, 2019
Sold by
Ggb 2001 Llc
Bought by
Fryd Michael E
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
Sharem Properties Llc $4,400,000 Attorney
Fryd Michael E $3,971,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2020 11/13/20 Sold $4,400,000 -9.3% $906 / Sq Ft
06/23/2020 06/23/20 For Sale $4,850,000 -- $998 / 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 $104,239 $5,237,051 -- --
2024 $98,915 $4,760,956 -- --
2023 $98,915 $4,328,142 $0 $0
2022 $84,649 $3,934,675 $0 $0
2021 $75,999 $3,576,978 $0 $0
2020 $84,648 $3,974,420 $0 $0
2019 $87,463 $4,097,340 $0 $0
2018 $100,965 $4,820,400 $0 $0
2017 $98,189 $4,635,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10879070

MIAMI REALTORS® MLS

APN: 01-4122-040-0170