$2,300,000
SOLD DEC 31, 2024
5 Beds
4.5 Baths
4,251 Sq Ft
3,572 Sq Ft Lot

Recently Sold

$541 Per Sq Ft

33% Below List Price

237 Days on Market

Highlights

  • New Construction
  • Garden View
  • Formal Dining Room
  • Coconut Grove Elementary School Rated A
  • No HOA
  • Balcony

About This Home

As of December 2024

New construction (2022) modern townhome in the heart of Coconut Grove. This 2-story residence (5BR/4.5BA) offers light-filled, open living spaces w/ volume ceilings, high end finishes and fixtures throughout. Stunning, European-style kitchen features Thermador appliances, quartz countertops and cooking island w/seating. All bedrooms offer ample closet space and most have balconies. Luxurious primary suite offers oversized custom walk-in closet and spa-like bath w/soaking tub and glass enclosed rain shower. Enjoy outdoor living with summer kitchen--overlooking the lush Grove tree canopy. Walk or bike to the village’s trendy galleries, boutiques, cafes and experience what Coconut Grove living is all about! Note: Photos are representative but not specific to this unit.

Last Agent to Sell the Property

Randi Connell

Compass Florida, LLC. Brokerage Phone: 305-726-9726 License #3487901 Listed on: 05/07/2024

Compass Florida, LLC.

Co-Listed By

Riley Smith

Compass Florida, LLC. Brokerage Phone: 305-726-9726 License #3028618

Last Buyer's Agent

Randi Connell

Compass Florida, LLC. Brokerage Phone: 305-726-9726 License #3487901 Listed on: 05/07/2024

Compass Florida, LLC.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $12,504

Year Built

  • Built in 2022 | New Construction

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Twin Home
  • Entry on the 1st floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,251 Sq Ft Home
  • Property has 3 Levels
  • Built-In Features
  • Formal Dining Room
  • Tile Flooring
  • Garden Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Outdoor Grill

Location

  • East of U.S. Route 1

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 01-41-16-029-0400

Community Details

Overview

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

Pet Policy

  • Pets Allowed

Security

  • High Impact Windows
  • High Impact Door

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$12,504

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2022
  • Property Sub Type: Townhouse
  • Architectural Style: Twin Home
  • Co List Office Mls Id: COMP03
  • Co List Office Phone: 305-851-2820
  • Entry Level: 1
  • Garage Yn: Yes
  • Horses: No
  • Unit Levels: 3
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Townhouse
  • Subdivision Name: Palm Terrace
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Attribution Contact: 305-726-9726
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Walk-In Closet(s)
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 4251
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Stories: 3
  • Window Features: Complete Impact Glass, High Impact Windows, Impact Glass
  • Bedroom Features: Other
  • Dining Room Features: Formal Dining, Snack Bar/Counter

Exterior Features

  • View: Garden View
  • Exterior Features: East Of Us1, Barbeque, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Palm Terrace
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 2 Or More Spaces, Covered

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: No Security

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

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

Lot Info

  • Parcel Number: 01-41-16-029-0400
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 12504

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2024
Closed on
Jan 17, 2025
Sold by
Send Enterprises Llc
Bought by
Shah Sonal
Seller's Agent
Randi Connell
Compass Florida, LLC.
Buyer's Agent
Randi Connell
Compass Florida, LLC.
List Price
$3,445,000
Sold Price
$2,300,000
Premium/Discount to List
-$1,145,000
-33.24%
Views
16
Current Estimated Value
$2,384,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,521
Avg. Annual Appreciation
3.71%
Original Mortgage
$1,808,000
Outstanding Balance
$1,794,927
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$589,594

Purchase Details

Listed on
May 7, 2024
Closed on
Dec 31, 2024
Sold by
Send Enterprises Llc
Bought by
Dolyniuk Damian and Royer Kelly
Seller's Agent
Randi Connell
Compass Florida, LLC.
Buyer's Agent
Randi Connell
Compass Florida, LLC.
List Price
$3,445,000
Sold Price
$2,300,000
Premium/Discount to List
-$1,145,000
-33.24%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,808,000
Outstanding Balance
$1,794,927
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$589,594

Purchase Details

Closed on
Sep 4, 2024
Sold by
Twenty 2 Three Llc
Bought by
Send Enterprises Llc

Purchase Details

Closed on
Jul 11, 2024
Sold by
Ludwigsen Christian
Bought by
Send Enterprises Llc

Purchase Details

Closed on
Jun 26, 2024
Sold by
Blitz David and Blitz Martha
Bought by
Send Enterprises Llc

Purchase Details

Closed on
Jun 24, 2024
Sold by
Md Rockwell Llc
Bought by
Send Enterprises Llc

Purchase Details

Closed on
Jun 16, 2023
Sold by
Blaxberg Barry
Bought by
Send Enterprises Llc

Purchase Details

Closed on
May 2, 2023
Sold by
Send Enterprises Llc
Bought by
Blaxberg I Barry

Purchase Details

Closed on
Nov 9, 2022
Sold by
Send Enterprises Llc
Bought by
Md Rockwell Llc

Purchase Details

Closed on
Feb 11, 2019
Sold by
Set Dynasty Llc
Bought by
Send Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000,000
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 11, 2016
Sold by
Bay Shore United Vi Llc
Bought by
Set Dynasty Llc

Purchase Details

Closed on
Jul 18, 2012
Sold by
Campanile Marilyn B and Taft Lynn C
Bought by
Bay Shore United Iv Llc

Purchase Details

Closed on
Sep 16, 2002
Sold by
Frank J Campanile I
Bought by
Campanile Frank J

Purchase Details

Closed on
Apr 7, 1998
Sold by
Baxas Christopher G
Bought by
Baxas Sam and Baxas George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 1998
Sold by
Sam & Heidi Baxas Trs
Bought by
Campanile Frank J and Campanile Marilyn B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 1996
Sold by
Sam and Baxas Heidi
Bought by
Baxas Sam and Baxas Heidi
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $2,260,000 None Listed On Document
Warranty Deed $2,260,000 None Listed On Document
Warranty Deed $2,300,000 None Listed On Document
Warranty Deed $2,300,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Contract Of Sale -- --
Warranty Deed $20,461,000 Attorney
Warranty Deed $575,000 Carolina Morales
Quit Claim Deed -- Attorney
Personal Reps Deed -- --
Quit Claim Deed $100 --
Warranty Deed $285,000 --
Warranty Deed $60,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,808,000 New Conventional
Closed $1,808,000 New Conventional
Closed $806,000 New Conventional
Previous Owner $25,000,000 Future Advance Clause Open End Mortgage
Previous Owner $205,000 New Conventional
Previous Owner $205,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2024 12/31/24 Sold $2,300,000 -29.1% $541 / Sq Ft
10/14/2024 10/14/24 Price Changed $3,245,000 -5.8% $763 / Sq Ft
05/07/2024 05/07/24 For Sale $3,445,000 -- $810 / 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 $59,317 $1,559,145 $534,375 $1,024,770
2024 $54,688 $2,960,949 $890,625 $2,070,324
2023 $54,688 $2,608,383 $0 $0
2022 $10,821 $1,869,030 $0 $0
2021 $9,083 $427,500 $427,500 $0
2020 $9,105 $427,500 $427,500 $0
2019 $9,126 $427,500 $427,500 $0
2018 $8,954 $427,500 $427,500 $0
2017 $10,293 $450,000 $0 $0
2016 $6,733 $237,043 $0 $0
2015 $5,719 $233,578 $0 $0
2014 $5,719 $212,344 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11576740

MIAMI REALTORS® MLS

APN: 01-4116-029-0400