$429,000
$50K PRICE DROP

2920 SW 28th Terrace Unit 407 Miami, FL 33133

Northeast Coconut Grove Neighborhood

Estimated payment $3,388/month

Total Views 8,385
2 Beds
1 Bath
702 Sq Ft
$611 Price per Sq Ft

Highlights

  • Soaking Tub in Primary Bathroom
  • 5-minute walk to Coconut Grove
  • Complete Impact Glass
  • Coconut Grove Elementary School Rated A
  • Balcony
  • Built-In Features

About This Home

Cute, corner unit in a boutique Coconut Grove building. Lots of natural light in this two bedroom and one bath unit that offers tile floors through out, private balcony, recently updated bathroom, sunny kitchen with window, private washer and dryer in the unit and covered parking space. Custom built in closets. Building has recently gone through updates and owner has paid off all the special assessments in full. Low maintenance fee of $486 per month covers the exterior insurance, all the common area maintenance, water, sewer, trash, management and reserves. Unit is located on the South East corner of the building and set back from all neighbors and provides a quiet setting. Small pets are welcomed. Walking distance to multiple grocery stores, metrorail, dozens of restaurants, parks, cafes.

Last Listed By

Berk Boge

Compass Florida, LLC Brokerage Phone: 305-972-7013 License #0657334 Listed on: 01/01/2025

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,060

Year Built

  • Built in 1972

HOA Fees

  • $486 Monthly HOA Fees

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 702 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Entrance Foyer
  • Combination Dining and Living Room
  • Tile Flooring
  • Property Views

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • 1 Full Bathroom
  • Soaking Tub in Primary Bathroom
  • Bathtub

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Attached Carport Space
  • 1 Car Parking Space
  • Assigned Parking

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 01-41-16-110-0280

Community Details

Overview

  • 29 Units
  • Grove's Edge Condo
  • Groves Edge Condo Subdivision
  • Property has 1 Level

Amenities

  • Laundry Facilities

Pet Policy

  • Breed Restrictions

Security

  • Phone Entry
  • Complex Is Fenced
  • Complete Impact Glass
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,060

Year Built

Built in 1972

Lot Details

0

HOA Fees

$486 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1972
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Carport Y N: Yes
  • Directions: On SW 28 Terrace. Access from SW 27 Avenue to SW 28 Terrace or US1 North bound to SW 28 Terrace. Less than 1 mile to Biscayne Bay, less then 2 miles to Shops at Merrick Park, 2 metro rail stops to Brickell Avenue & University of Miami, 3 stops to Downtown
  • Entry Level: 4
  • Garage Yn: No
  • Horses: No
  • Unit Levels: 1
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: GROVES EDGE CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Attribution Contact: 305-972-7013
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Elevator, Entrance Foyer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Tile
  • Furnished: Partially, Furniture Negotiable
  • Living Area: 702
  • Other Equipment: Elevator
  • Stories: 5
  • Window Features: Clear Impact Glass, Complete Impact Glass, Impact Glass
  • Bedroom Features: Entry Level, Primary Bath Tub
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Tub Only

Exterior Features

  • View: Other View
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: GROVE'S EDGE CONDO
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Parking Features: Attached Carport, 1 Space, Assigned, Covered, Limited # Of Vehicle

Utilities

  • Cooling: Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Smoke Detector, Complex Fenced, Phone Entry

Condo/Co-op/Association

  • Association Fee: 486
  • Amenities: Laundry
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-16-110-0280
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 29
  • Number Of Units Total: 29

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6060

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $4,346 $302,500 -- --
2023 $4,346 $201,132 $0 $0
2022 $3,791 $182,848 $0 $0
2021 $3,532 $166,226 $0 $0
2020 $3,540 $166,226 $0 $0
2019 $3,374 $166,226 $0 $0
2018 $3,167 $174,975 $0 $0
2017 $2,971 $127,216 $0 $0
2016 $2,669 $115,651 $0 $0
2015 $2,520 $105,138 $0 $0
2014 $2,168 $95,580 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2025 04/08/25 Price Changed $429,000 -6.5% $611 / Sq Ft
02/08/2025 02/08/25 Price Changed $459,000 -4.2% $654 / Sq Ft
01/01/2025 01/01/25 For Sale $479,000 +12.7% $682 / Sq Ft
07/26/2023 07/26/23 Sold $425,000 0.0% $605 / Sq Ft
06/14/2023 06/14/23 Pending -- -- --
05/22/2023 05/22/23 For Sale $425,000 0.0% $605 / Sq Ft
12/26/2013 12/26/13 Rented $1,350 -10.0% --
11/26/2013 11/26/13 Under Contract -- -- --
10/11/2013 10/11/13 For Rent $1,500 0.0% --
09/24/2013 09/24/13 Sold $119,100 +0.1% $170 / Sq Ft
06/06/2013 06/06/13 Pending -- -- --
05/23/2013 05/23/13 For Sale $119,000 -- $170 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $119,100 Trident Title Llc
Special Warranty Deed $187,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $60,000 Credit Line Revolving
Previous Owner $25,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $177,650 Unknown
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11716048

MIAMI REALTORS® MLS

APN: 01-4116-110-0280