NOT LISTED FOR SALE

Estimated Value: $6,225,000 - $7,348,000

5 Beds
5 Baths
4,338 Sq Ft
2016 Built

Last Sold June 25, 2021

Last sale price $3,495,000 $806 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $42,351/month

44 Days on Market

Highlights

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

About This Home

As of June 2021

Please contact listing agent for any additional information.

Last Agent to Sell the Property

Dora Puig

Luxe Living Realty License #3268462 Listed on: 01/26/2021

Luxe Living Realty

Last Buyer's Agent

Arianne Sabatini

Brokers International Realty LLC License #3247151

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $51,391

Year Built

  • Built in 2016

Parking

  • 2 Car Garage

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,338 Sq Ft Home
  • Blinds
  • Open Floorplan
  • Den
  • Wood Flooring
  • Dryer

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Home Security

Outdoor Features

  • Property has ocean access

Additional Features

  • Property Fronts a Bay or Harbor
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-41-22-040-0370

Community Details

Overview

  • Property has a Home Owners Association
  • High-Rise Condominium
  • Grove At Grand Bay Condos
  • Grove At Grand Bay Subdivision
  • 22-Story Property

Amenities

  • Doorman
  • Community Barbecue Grill
  • Clubhouse
  • Community Center
  • Party Room
  • Bar or Lounge
  • Secure Lobby
  • Elevator

Recreation

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

  • Maintenance Expense $4,938

Security

  • Security Guard
  • Secure Elevator
  • Complex Is Fenced
  • Clear Impact Glass
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$51,391

Year Built

Built in 2016

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2016
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Entry Level: 7
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Co-Op 5+ Stories, Condo
  • Subdivision Name: Grove at Grand Bay
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave
  • Interior Amenities: First Floor Entry, Den/Library/Office, Family Room
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Door Features: High Impact Doors
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 4338
  • Other Equipment: Elevator
  • Possible Use: Primary
  • Stories: 22
  • Window Features: Clear Impact Glass, Blinds
  • Bedroom Features: Entry Level, Other
  • Dining Room Features: Breakfast Area, Dining/Living Room, Eat-In Kitchen, Family/Dining Combination
  • Living Room Features: Den/Library/Office, Family Room
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Bay, Ocean View
  • Exterior Features: Fruit Trees, Open Balcony, Other
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Complex Fenced, Doorman, Elevator Secure, Guard At Site, Lobby Secured

Condo/Co-op/Association

  • Amenities: Bar, Barbecue, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Exterior Lighting, Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-22-040-0370
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Multi Family

  • Maintenance Expense: 4938

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 51391

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2021
Closed on
Jun 23, 2021
Sold by
La Bruja Bonita Llc
Bought by
Buchanan Bannister J and Buchanan Robin B
Seller's Agent
Dora Puig
Luxe Living Realty
Buyer's Agent
Arianne Sabatini
Brokers International Realty LLC
List Price
$3,495,000
Sold Price
$3,495,000
Current Estimated Value
$6,797,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,302,185
Avg. Annual Appreciation
17.31%
Original Mortgage
$3,145,151
Outstanding Balance
$2,859,723
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$3,918,988
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
Buchanan Bannister J $3,495,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buchanan Bannister J $3,145,151
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2021 06/25/21 Sold $3,495,000 0.0% $806 / Sq Ft
03/07/2021 03/07/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $3,495,000 -- $806 / 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 $63,780 $3,319,007 -- --
2024 $63,513 $3,225,469 -- --
2023 $63,513 $3,131,524 $0 $0
2022 $61,811 $3,040,315 $0 $0
2021 $53,830 $2,533,596 $0 $0
2020 $51,391 $2,412,949 $0 $0
2019 $53,101 $2,487,576 $0 $0
2018 $61,298 $2,926,560 $0 $0
2017 $59,612 $2,814,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10987408

MIAMI REALTORS® MLS

APN: 01-4122-040-0370