NOT LISTED FOR SALE

Estimated Value: $6,013,000 - $6,649,000

4 Beds
5.5 Baths
4,110 Sq Ft
$3,993/mo HOA Fee

Last Sold September 12, 2019

Last sale price $2,725,000 $663 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $41,017/month

Highlights

  • Doorman
  • Fitness Center
  • Newly Remodeled
  • Coconut Grove Elementary School Rated A
  • Private Guards
  • 4-minute walk to Regatta Park

About This Home

As of September 2019

An architectural marvel set on the backdrop of Biscayne Bay, the Grove at Grand Bay is a Coconut Grove masterpiece. A monumental design keeping true to Florida-style, this 4 BD/5.5 BA unit provides 180 degrees of 12 foot high, floor to ceiling glass with stunning views of Coconut Grove. The kitchen is carefully crafted with euro-styled cabinetry and opened for a seamless flow. The kitchen incorporates Miele appliances, including a gas range and 100 bottle wine fridge. The elegantly designed master bathroom offers floor to wall marble with a balance of teak wood around the bathtub and shower. Designed by famed architect Bjarke Ingles, this provides over 4100 SF of living area, large wrap around balconies with outdoor grill, 2-car garage and private elevator entrance.

Last Agent to Sell the Property

Liz Hogan

Compass Florida, LLC License #3045004 Listed on: 07/08/2019

Compass Florida, LLC

Last Buyer's Agent

Wendy Levy-Jackson

Compass Florida, LLC License #0342767

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $56,092

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • Waterfront
  • East Facing Home

HOA Fees

  • $3,993 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Secured Garage or Parking
  • Guest Parking

Property Views

  • Garden

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,110 Sq Ft Home
  • Built-In Features
  • Sliding Windows
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Den
  • Storage Room

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom on Main
  • Closet Cabinetry
  • Walk-In Closet
  • Maid or Guest Quarters
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Laundry Tub

Home Security

Outdoor Features

  • Outdoor Grill

Schools

  • Coconut Grove Elementary School
  • Ponce De Leon Middle School
  • Coral Gables High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 01-41-22-040-0340

Community Details

Overview

  • 98 Units
  • High-Rise Condominium
  • Grove At Grand Bay Condos
  • Coconut Grove Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • 22-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sauna
  • Clubhouse
  • Community Center
  • Party Room
  • Lobby
  • Elevator

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Private Guards
  • Security Service
  • Card or Code Access
  • Secure Elevator
  • High Impact Windows
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$56,092

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

HOA Fees

$3,993 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 2016
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 4
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: Coconut Grove
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Gas Range, Refrigerator, Wall Oven
  • Interior Amenities: Lobby, First Floor Entry, Built-in Features, Closet Cabinetry, Cooking Island, Elevator, Fire Sprinklers, Entrance Foyer, Laundry Tub, Pantry, Walk-In Closet(s), Den/Library/Office, Family Room, Maid/In-Law Quarters, Storage, Utility Room/Laundry
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Location: Foyer
  • Flooring: Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 4110
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 22
  • Window Features: Complete Impact Glass, High Impact Windows, Impact Glass, Sliding
  • Bedroom Features: Entry Level, Master Bedroom Ground Level, Sitting Area - Master Bedroom
  • Dining Room Features: Breakfast Area, Dining/Living Room
  • Living Room Features: Den/Library/Office, Family Room, Maid/In-Law Quarters, Storage Room, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Bay, Garden View, Pool Area View
  • Exterior Features: East Of Us1, 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: Waterfront
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Grove at Grand Bay
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Parking Features: 2 Or More Spaces, Guest, Valet, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub, Utility Room/Laundry
  • Security: Fire Sprinklers, Fire Alarm, Doorman, Elevator Secure, Card Entry, Secured Garage/Parking, Private Guards, Security Patrol

Condo/Co-op/Association

  • Association Fee: 3993
  • Amenities: Bike Storage, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Pool, Sauna, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Coconut Grove
  • High School: Coral Gables
  • Middle Or Junior School: Ponce De Leon

Lot Info

  • Parcel Number: 01-41-22-040-0340
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 3993
  • Number Of Units In Community: 98
  • Number Of Units Total: 57

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 56092

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2019
Closed on
Sep 12, 2019
Sold by
Weston Grove Llc
Bought by
Cohen Robert A and Cohen Deborah A
Seller's Agent
Liz Hogan
Compass Florida, LLC
Buyer's Agent
Wendy Levy-Jackson
Compass Florida, LLC
List Price
$2,725,000
Sold Price
$2,725,000
Current Estimated Value
$6,227,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,502,775
Avg. Annual Appreciation
14.98%
Original Mortgage
$1,750,000
Outstanding Balance
$1,512,354
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$4,715,421

Purchase Details

Closed on
Apr 27, 2017
Sold by
Ar Sg Investments Llc
Bought by
Lointer Grove Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,777,000
Interest Rate
4.23%
Mortgage Type
Unknown
Source: Public Records

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 Buyer Sale Price Title Company
Cohen Robert A $2,725,000 Attorney
Lointer Grove Llc $2,962,500 Real Property Title Group Ll
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cohen Robert A $1,750,000
Previous Owner Weston Grove Llc $1,012,500
Previous Owner Lointer Grove Llc $1,777,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2019 09/12/19 Sold $2,725,000 0.0% $663 / Sq Ft
07/08/2019 07/08/19 For Sale $2,725,000 -- $663 / 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 $37,077 $1,947,399 -- --
2024 $36,910 $1,892,517 -- --
2023 $36,910 $1,837,396 $0 $0
2022 $35,909 $1,783,880 $0 $0
2021 $35,910 $1,731,923 $0 $0
2020 $35,491 $1,708,011 $0 $0
2019 $48,591 $2,276,300 $0 $0
2018 $56,092 $2,678,000 $0 $0
2017 $54,549 $2,575,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10741884

MIAMI REALTORS® MLS

APN: 01-4122-040-0340