NOT LISTED FOR SALE

2889 Mcfarlane Rd Miami, FL 33133

Northeast Coconut Grove Neighborhood

Estimated Value: $1,136,000 - $1,374,000

3 Beds
3.5 Baths
1,349 Sq Ft
2001 Built

Sale Details

Date Sold: February 28, 2018

Last sale price $740,000 $549 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $10,468 / mo

98 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Built in 2001 | Newly Remodeled
  • Coconut Grove Elementary School Rated A
  • Fitness Center
  • 4-minute walk to Kenneth M Myers Bayside Park

About This Home

As of February 2018

Unique opportunity to purchase at the highly sought after Sonesta Hotel in Coconut Grove. Generous floor-plan which gives you the opportunity to use as (3) separate 1 Bed + 1 Bath suites or 2 Beds + 2 Baths suite or a 3 Beds + 3.5 Baths residence overlooking Biscayne Bay and the lush landscapes of Coconut Grove. Most desirable line in The Sonesta Hotel; always occupied, yielding you the most money. The Sonesta Hotel is nestled away in a quiet neighborhood and offers a bustling modern art scene, sizzling nightlife, shopping, concierge, valet, pool service, restaurants, entertaining and one of the best views South Florida has to offer. Don't miss the opportunity to purchase a great income producing property, in an area which is currently going through a major renovation. REAL SELLERS!

Last Agent to Sell the Property

Enrique Metauten

EXP Realty LLC License #3276257 Listed on: 10/17/2017

EXP Realty LLC

Last Buyer's Agent

Enrique Metauten

EXP Realty LLC License #3276257 Listed on: 10/17/2017

EXP Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,372

Year Built

  • Built in 2001 | Newly Remodeled

Lot Details

  • Ocean Front
  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor
  • End Unit
  • South Facing Home

HOA Fees

  • $2,078 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Secured Garage or Parking

Property Views

  • Ocean
  • Bay

Home Design

  • Entry on the 18th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,349 Sq Ft Home
  • Furnished
  • Drapes & Rods
  • Sliding Windows
  • Family Room
  • Combination Dining and Living Room
  • Den
  • Washer and Dryer Hookup

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom on Main
  • Closet Cabinetry
  • Two Primary Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Home Security

Outdoor Features

  • Balcony
  • Exterior Lighting

Schools

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

Additional Features

  • Handicap Accessible
  • West of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-41-21-218-1680

Community Details

Overview

  • High-Rise Community
  • Sonesta Coconut Grove Condos
  • Mutiny Park Condo Subdivision
  • 22-Story Property

Amenities

  • Doorman
  • Sauna
  • Trash Chute
  • Business Center
  • Laundry Facilities

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa
  • Bike Trail

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Secure Elevator
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,372

Year Built

Built in 2001 | Newly Remodeled

Lot Details

0 Sq Ft Lot

HOA Fees

$2,078 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2001
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Directions: Use GPS.
  • Entry Level: 18
  • 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: MUTINY PARK CONDO
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Closet Cabinetry, Fire Sprinklers, Handicap Accessible, Den/Library/Office, Family Room, Other
  • Accessibility Features: Handicap Accessible
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Floor
  • Furnished: Furnished, Unfurnished
  • Living Area: 1349
  • Possible Use: Unknown/Withheld
  • Stories: 22
  • Window Features: Drapes, Sliding
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Ground Level, Sitting Area - Primary Bedroom
  • Dining Room Features: Dining/Living Room, Snack Bar/Counter
  • Living Room Features: Den/Library/Office, Family Room, Other
  • Master Bathroom Features: 2 Primary Bathrooms, Combination Tub & Shower

Exterior Features

  • View: Bay, Ocean View, Water View
  • Exterior Features: West Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Intracoastal Front, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Sonesta Coconut Grove
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Covered

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Fire Sprinklers, Doorman, Elevator Secure, Secured Garage/Parking

Condo/Co-op/Association

  • Association Fee: 6233
  • Amenities: Bike/Jog Path, Business Center, Laundry, Elevator(s), Exercise Room, Exterior Lighting, Other, Pool, Sauna, Spa/Hot Tub, Trash Chute
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

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: 01-41-21-218-1680
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 11372

Multi Family

  • Maintenance Expense: 6233

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2025
Sold by
Sivel Properties Llc
Bought by
Sunsource Holdings Llc
Current Estimated Value
$1,298,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$571,600
Outstanding Balance
$568,605
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$729,779

Purchase Details

Listed on
Oct 17, 2017
Closed on
Feb 28, 2018
Sold by
C & E Properly Investments Inc
Bought by
Sivel Properties Llc
Seller's Agent
Enrique Metauten
EXP Realty LLC
Buyer's Agent
Enrique Metauten
EXP Realty LLC
List Price
$889,000
Sold Price
$740,000
Premium/Discount to List
-$149,000
-16.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.11%
Original Mortgage
$481,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 1, 2002
Sold by
Mutiny On The Park Ltd
Bought by
C/E Property Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$497,000
Interest Rate
6.85%
Mortgage Type
New Conventional
Source: Public Records
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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
Sunsource Holdings Llc $1,250,000 None Listed On Document
Sivel Properties Llc $740,000 Attorney
C/E Property Investments Inc $710,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sunsource Holdings Llc $571,600
Previous Owner Sivel Properties Llc $481,000
Previous Owner C/E Property Investments Inc $497,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2018 02/28/18 Sold $740,000 -7.4% $549 / Sq Ft
01/23/2018 01/23/18 Pending -- -- --
12/19/2017 12/19/17 Price Changed $799,000 -10.1% $592 / Sq Ft
10/17/2017 10/17/17 For Sale $889,000 -- $659 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $18,083 $857,179 -- --
2024 $15,808 $779,254 -- --
2023 $15,808 $708,413 $0 $0
2022 $13,855 $644,012 $0 $0
2021 $12,439 $585,466 $0 $0
2020 $12,469 $585,466 $0 $0
2019 $12,484 $584,807 $0 $0
2018 $11,161 $536,520 $0 $0
2017 $11,366 $536,520 $0 $0
2016 $11,372 $513,194 $0 $0
2015 $10,374 $466,540 $0 $0
2014 $11,663 $495,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Enrique Metauten

    Seller's Agent in 2018

    Enrique Metauten

    EXP Realty LLC

    (786) 553-9199

    41 Total Sales

    Enrique Metauten
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10357632

MIAMI REALTORS® MLS

APN: 01-4121-218-1680

Florida Miami/Dade County Miami 33133 Northeast Coconut Grove

2889 Mcfarlane Rd, Miami, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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