NOT LISTED FOR SALE

Estimated Value: $1,527,000 - $2,054,000

2 Beds
2.5 Baths
1,092 Sq Ft
2016 Built

Last Sold June 17, 2021

Last sale price $940,000 $861 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $11,995/month

Highlights

  • Valet Parking
  • Property Fronts a Bay or Harbor
  • Heated In Ground Pool
  • Coconut Grove Elementary School Rated A
  • Fitness Center
  • 4-minute walk to Regatta Park

About This Home

As of January 2024

Fully furnished 2 bedroom 2.5 bathroom residence at Grove at Grand Bay. Live in the most desirable, iconic building in Coconut Grove. Designed by award winning architect, Bjarke Ingels of BIG. No expense spared in this turn key cozy condo. Gorgeous kitchen with large Island. Custom closets and electric blinds. Coconut Grove living at its best.

Last Agent to Rent the Property

Sandra Masis

Cervera Real Estate Inc. License #3075808 Listed on: 09/15/2023

Cervera Real Estate Inc.

Last Renter's Agent

Christa Morianz

Brickell Brokers LLC License #3104389

Brickell Brokers LLC

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,162

Year Built

  • Built in 2016

Lot Details

  • Property Fronts a Bay or Harbor
  • West Facing Home

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Interior Spaces

  • 1,092 Sq Ft Home
  • Furnished
  • Blinds
  • Combination Kitchen and Dining Room
  • Storage Room
  • Ceramic Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Pool

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 10/1/23
  • Assessor Parcel Number 01-41-22-040-0520

Community Details

Overview

  • No Home Owners Association
  • Grove At Grand Bay Condos
  • Grove At Grand Bay Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers

Amenities

  • Valet Parking
  • Sauna
  • Clubhouse
  • Business Center
  • Secure Lobby
  • Elevator

Recreation

  • Community Spa

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access
  • Clear Impact Glass
  • High Impact Door
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$19,162

Year Built

Built in 2016

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: No
  • Available Date: 2023-10-01

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2016
  • Property Sub Type: Condominium
  • Entry Level: 7
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: Grove at Grand Bay
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Gas Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Elevator, Walk-In Closet(s), Storage
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor
  • Furnished: Furnished
  • Living Area: 1092
  • Other Equipment: Elevator
  • Window Features: Clear Impact Glass, Blinds
  • Bedroom Features: Other
  • Dining Room Features: Eat-In Kitchen, Kitchen Dining
  • Living Room Features: Storage Room

Exterior Features

  • Direction Faces: West
  • Pool Features: In Ground, Heated
  • Pool Private: No
  • View: No
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Grove at Grand Bay
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Valet, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Alarm, Card Entry, Lobby Secured, Other

Condo/Co-op/Association

  • Amenities: Business Center, Clubhouse-Clubroom, Elevator(s), Exercise Room, Heated Pool, Exterior Lighting, Other, Pool, Sauna, Spa/Hot Tub
  • Association: No

Lot Info

  • Parcel Number: 01-41-22-040-0520
  • Land Lease Amount Frequency: Monthly
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2021
Closed on
Jun 17, 2021
Sold by
Shenck William
Bought by
Pemaca Llc
Seller's Agent
Sandra Masis
Cervera Real Estate Inc.
Buyer's Agent
Barbara Karen Elmir
One Sotheby's International Realty
List Price
$995,000
Sold Price
$940,000
Premium/Discount to List
-$55,000
-5.53%
Current Estimated Value
$1,908,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$968,412
Avg. Annual Appreciation
17.28%

Purchase Details

Listed on
May 5, 2021
Closed on
Jun 11, 2021
Sold by
Schenck William H
Bought by
Pemaca Llc
Seller's Agent
Sandra Masis
Cervera Real Estate Inc.
Buyer's Agent
Barbara Karen Elmir
One Sotheby's International Realty
List Price
$995,000
Sold Price
$940,000
Premium/Discount to List
-$55,000
-5.53%
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
Pemaca Llc $940,000 Attorney
Pemaca Llc $940,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pemaca Llc $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2024 01/15/24 Rented $11,600 -10.8% --
01/09/2024 01/09/24 Under Contract -- -- --
10/17/2023 10/17/23 Price Changed $13,000 -10.3% $12 / Sq Ft
09/15/2023 09/15/23 For Rent $14,500 +26.1% --
11/04/2022 11/04/22 Rented $11,500 -11.5% --
10/18/2022 10/18/22 Price Changed $13,000 -13.3% $12 / Sq Ft
08/17/2022 08/17/22 For Rent $15,000 0.0% --
06/17/2021 06/17/21 Sold $940,000 -5.5% $861 / Sq Ft
05/28/2021 05/28/21 Pending -- -- --
05/01/2021 05/01/21 For Sale $995,000 0.0% $911 / Sq Ft
11/01/2020 11/01/20 Rented $5,700 +3.6% --
10/13/2020 10/13/20 Under Contract -- -- --
07/20/2020 07/20/20 For Rent $5,500 +5.8% --
08/15/2019 08/15/19 Rented $5,200 -5.5% --
06/12/2019 06/12/19 For Rent $5,500 +10.0% --
08/01/2018 08/01/18 Rented $5,000 -9.1% --
07/16/2018 07/16/18 Under Contract -- -- --
06/29/2018 06/29/18 For Rent $5,500 -- --
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 $19,162 $932,789 -- --
2024 $17,255 $847,990 -- --
2023 $17,255 $770,900 $0 $0
2022 $14,448 $700,819 $0 $0
2021 $13,536 $637,108 $0 $0
2020 $13,569 $637,108 $0 $0
2019 $14,021 $656,812 $0 $0
2018 $15,010 $758,603 $0 $0
2017 $14,856 $743,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11453464

MIAMI REALTORS® MLS

APN: 01-4122-040-0520