RENTED MAY 2, 2025

2949 Coconut Ave Unit 3 Miami, FL 33133

Northeast Coconut Grove Neighborhood

Estimated Value: $1,155,729 - $1,274,000

3 Beds
2.5 Baths
1,846 Sq Ft
2016 Built

Last Sold January 15, 2021

Last sale price $738,400 $400 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $7,449/month

Highlights

  • No HOA
  • Coconut Grove Elementary School Rated A
  • 2 Car Garage

About This Home

As of May 2025

COCONUT GROVE TOWNHOUSE, PRIVATE, CLEAN, GATED, AND READY TO MOVE IN. THIS GEORGOUS TOWNHOUSE HAS 3 BEDROOMS, 2.5 BATHROOMS, GATED, SECURE ENTRY, 2 CAR CARPORT, AND A LARGE ROOFTOP TERRACE WITH A BBQ STATION. THE LIVING SPACE IS 1846 SQ. FT. PLUS 690 SQ. FT. OF ROOFTOP TERRACE TOTALING 2536 SQ. FT. ENJOY THE GROVE WALKABLE LIFESTYLE TO THE NEW TARGET, SPROUT AT GROVE CENTREAL, MONTEYS TO COCOWALK, NO CAR NEEDED. EASY ACCESS TO METRO RAIL, CORAL GABLES, DOWNTOWN, BRICKELL AND MIAMI INTERNATIONAL AIRPORT.

Last Agent to Rent the Property

John Portuondo

Own Assets Realty License #3068212 Listed on: 01/28/2025

Last Renter's Agent

John Portuondo

Own Assets Realty License #3068212 Listed on: 01/28/2025

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2016

Parking

  • 2 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,846 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Listing and Financial Details

  • Property Available on 5/5/25
  • Assessor Parcel Number 01-41-16-192-0030

Community Details

Overview

  • No Home Owners Association
  • Palm Terrace Condos
  • Palm Terrace Subdivision

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Year Built

Built in 2016

Lot Details

0

Parking

2

Rental Info

  • Pets Allowed: No
  • Available Date: 2025-05-05

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2016
  • Property Sub Type: Condominium
  • Entry Level: 1
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Building Stories: 3
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: PALM TERRACE
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Furnished: Unfurnished
  • Living Area: 1846
  • Stories: 3

Exterior Features

  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: PALM TERRACE
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Spaces

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-41-16-192-0030
  • Land Lease Amount Frequency: Monthly
  • Zoning: 0000
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2020
Closed on
Jan 15, 2021
Sold by
Costa Vecchia Llc
Bought by
Hermida Christopher
Seller's Agent
Jose Luis Alvarez
Polit Realty LLC
Buyer's Agent
John Portuondo
Own Assets Realty
List Price
$770,000
Sold Price
$738,400
Premium/Discount to List
-$31,600
-4.1%
Current Estimated Value
$1,219,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$481,032
Avg. Annual Appreciation
10.58%
Original Mortgage
$154,000
Outstanding Balance
$137,277
Interest Rate
2.77%
Mortgage Type
New Conventional
Estimated Equity
$1,082,155

Purchase Details

Listed on
Jan 15, 2018
Closed on
Jun 29, 2018
Sold by
Mountain Cove Homes At 2949 Coconut Ave
Bought by
Costa Vecchia Llc
Seller's Agent
Jose Luis Alvarez
Polit Realty LLC
Buyer's Agent
Jose Luis Alvarez
Polit Realty LLC
List Price
$729,900
Sold Price
$710,000
Premium/Discount to List
-$19,900
-2.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.55%
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

Date Buyer Sale Price Title Company
Hermida Christopher $738,400 Attorney
Costa Vecchia Llc $710,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hermida Christopher $154,000
Open Hermida Christopher $510,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/02/2025 05/02/25 Rented $6,500 0.0% --
04/30/2025 04/30/25 For Rent $6,500 0.0% --
02/28/2025 02/28/25 Off Market $6,500 -- --
02/28/2025 02/28/25 For Rent $6,500 0.0% --
02/16/2025 02/16/25 Off Market $6,500 -- --
02/15/2025 02/15/25 For Rent $6,500 0.0% --
01/29/2025 01/29/25 Off Market $6,500 -- --
01/28/2025 01/28/25 For Rent $6,500 -3.0% --
01/24/2024 01/24/24 Rented $6,700 -4.3% --
12/14/2023 12/14/23 Price Changed $7,000 -6.7% $3 / Sq Ft
12/05/2023 12/05/23 For Rent $7,500 0.0% --
01/15/2021 01/15/21 Sold $738,400 -4.1% $400 / Sq Ft View Prior Sale
12/04/2020 12/04/20 Pending -- -- --
09/25/2020 09/25/20 For Sale $770,000 +8.5% $417 / Sq Ft
06/29/2018 06/29/18 Sold $710,000 -2.7% $283 / Sq Ft View Prior Sale
06/01/2018 06/01/18 Pending -- -- --
01/11/2018 01/11/18 For Sale $729,900 -- $290 / 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 $12,861 $685,300 -- --
2024 $12,576 $623,000 -- --
2023 $12,576 $593,300 $0 $0
2022 $12,610 $593,250 $0 $0
2021 $12,384 $565,000 $0 $0
2020 $12,413 $565,000 $0 $0
2019 $12,441 $565,000 $0 $0
2018 $12,214 $565,000 $0 $0
2017 $12,349 $565,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Portuondo

    Landlord's Agent in 2025

    John Portuondo

    Own Assets Realty

    (786) 266-0000

    3 in this area

    35 Total Sales

    John Portuondo
    Section Image
  • Jose Luis Alvarez

    Seller's Agent in 2021

    Jose Luis Alvarez

    Polit Realty LLC

    (786) 236-4937

    1 in this area

    4 Total Sales

    Jose Luis Alvarez
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11733828

MIAMI REALTORS® MLS

APN: 01-4116-192-0030

Florida Miami/Dade County Miami 33133 Northeast Coconut Grove

2949 Coconut Ave Unit 3, Miami, FL

Not Listed for Sale

Condos

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