NOT LISTED FOR SALE

Grove At Grand Bay 2675 S Bayshore Dr Unit 501 Floor 5 Miami, FL 33133

Northeast Coconut Grove Neighborhood

Estimated Value: $6,511,000 - $8,552,000

5 Beds
5.5 Baths
4,572 Sq Ft
2016 Built

Sale Details

Date Sold: April 4, 2022

Last sale price $6,000,000 $1,312 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $50,004 / mo

90 Days on Market

Highlights

  • Bar or Lounge
  • Fitness Center
  • Waterfront
  • Coconut Grove Elementary School Rated A
  • Intercom to Front Desk
  • 3-minute walk to Regatta Park

About This Home

As of April 2022

Located in one of Miami’s most iconic new buildings, this unit is impeccably decorated and leaves nothing to be desired. All furnishings and Art are included in price. The Grove at Grand Bay comes with top-of-the-line amenities including a state-of-the-art gym, spa, pet spa, five swimming pools, and 24-hour security. Designed by one of the world’s most celebrated European architects, and pays homage to American architects of the 20th century who pioneered the modernist idiom. The ethereal quality of the building is created by the innovative use of glass and an astonishing 12-foot-high ceiling height throughout with over 1,200 sf of balconies. 4 bedrooms plus maids quarter 5 and a half bathrooms.

Last Agent to Sell the Property

Bragi Sigurdsson

MMLS Assoc.-Inactive Member License #3225258 Listed on: 01/03/2022

MMLS Assoc.-Inactive Member

Last Buyer's Agent

Bragi Sigurdsson

MMLS Assoc.-Inactive Member License #3225258 Listed on: 01/03/2022

MMLS Assoc.-Inactive Member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $61,574

Year Built

  • Built in 2016

Lot Details

  • Waterfront
  • East Facing Home

Parking

  • 2 Car Garage
  • Secured Garage or Parking
  • Assigned Parking

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 4,572 Sq Ft Home
  • Furnished
  • Built-In Features
  • Vaulted Ceiling
  • Marble Flooring
  • Dryer

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet

Outdoor Features

  • No Fixed Bridges
  • Outdoor Grill

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-41-22-040-0590

Community Details

Overview

  • Property has a Home Owners Association
  • High-Rise Community
  • The Grove At Grand Bay Condos
  • The Grove At Grand Bay Subdivision
  • 21-Story Property

Amenities

  • Sauna
  • Community Kitchen
  • Bar or Lounge
  • Intercom to Front Desk
  • Secure Lobby
  • Elevator

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed: No
  • Breed Restrictions

Building Details

  • Maintenance Expense $5,658

Security

  • Security Guard
  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$61,574

Year Built

Built in 2016

Lot Details

0 Sq Ft Lot

Parking

2

Listing Details

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

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Gas Range, Refrigerator
  • Interior Amenities: Built-in Features, Elevator, Vaulted Ceiling(s), Walk-In Closet(s)
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Marble
  • Furnished: Furnished
  • Living Area: 4572
  • Other Equipment: Elevator
  • Possible Use: Secondary
  • Stories: 21
  • Bedroom Features: At Least 1 Bedroom Ground Level

Exterior Features

  • View: Water View
  • Exterior Features: Barbeque, Other
  • Direction Faces: East
  • Pool Private: No
  • View: Yes
  • Waterfront Features: No Fixed Bridges
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Elevator Secure, Secured Garage/Parking, Guard At Site, Intercom In Lobby, Lobby Secured

Condo/Co-op/Association

  • Amenities: Bar, Elevator(s), Exercise Room, Kitchen Facilities, Pool, Sauna, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-22-040-0590
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No, Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 61574

Multi Family

  • Maintenance Expense: 5658

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2022
Sold by
Bought by
Current Estimated Value
$7,641,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,200,000
Interest Rate
0.043%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 3, 2022
Closed on
Apr 12, 2022
Sold by
Bought by
Seller's Agent
Bragi Sigurdsson
MMLS Assoc.-Inactive Member
Buyer's Agent
Bragi Sigurdsson
MMLS Assoc.-Inactive Member
Sold Price
$6,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.83%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Amrock
$6,000,000 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $4,200,000
Closed $4,200,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/14/2022 04/14/22 Pending -- -- --
04/04/2022 04/04/22 Sold $6,000,000 0.0% $1,312 / Sq Ft
02/28/2022 02/28/22 For Sale -- -- --
01/25/2022 01/25/22 Off Market $6,000,000 -- --
01/03/2022 01/03/22 For Sale $6,500,000 0.0% $1,422 / Sq Ft
05/01/2020 05/01/20 Rented $20,000 -9.1% --
01/25/2020 01/25/20 Price Changed $22,000 -8.3% $5 / Sq Ft
01/09/2020 01/09/20 For Rent $24,000 +6.7% --
11/01/2018 11/01/18 Rented $22,500 -10.0% --
10/15/2018 10/15/18 Under Contract -- -- --
09/06/2018 09/06/18 For Rent $25,000 +8.7% --
10/01/2017 10/01/17 Rented $23,000 -8.0% --
09/20/2017 09/20/17 For Rent $25,000 -- --
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $101,846 $5,274,275
2024 $103,523 $5,125,632
2023 $103,523 $4,976,342 $0 $0
2022 $81,108 $3,420,836 $0 $0
2021 $67,769 $3,109,851 $0 $0
2020 $62,075 $2,914,575 $0 $0
2019 $64,140 $3,004,716 $0 $0
2018 $74,041 $3,534,960 $0 $0
2017 $72,005 $3,399,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    Bragi Sigurdsson

    MMLS Assoc.-Inactive Member

    Section Image
  • Joanna Berg

    Buyer's Agent in 2020

    Joanna Berg

    Douglas Elliman

    (786) 427-9870

    1 in this area

    2 Total Sales

    Joanna Berg
    Section Image

  • A

    Seller Co-Listing Agent in 2018

    Athina Brox

    MMLS Assoc.-Inactive Member

  • Jill Penman

    Buyer's Agent in 2018

    Jill Penman

    One Sotheby's International Realty

    (786) 321-2190

    49 in this area

    114 Total Sales

    Jill Penman
    Section Image

  • S

    Buyer's Agent in 2017

    Stephanie Zacharias

    MMLS Assoc.-Inactive Member

See All Agents

About Grove At Grand Bay

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11140405

MIAMI REALTORS® MLS

APN: 01-4122-040-0590

Florida Miami/Dade County Miami 33133 Northeast Coconut Grove

2675 S Bayshore Dr Unit 501, Miami, FL

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