NOT LISTED FOR SALE

Estimated Value: $2,014,000 - $2,847,637

3 Beds
3.5 Baths
2,140 Sq Ft
$1,135/Sq Ft Est. Value

Highlights

  • Built in 2008 | Newly Remodeled
  • Garden View
  • Formal Dining Room
  • Coconut Grove Elementary School Rated A
  • No HOA
  • Balcony

About This Home

As of August 2023

A MUST SEE! Amazing opportunity to rent in a fully renovated, no spared expense townhome in the heart of Coconut Grove. Situated on the popular block of Coconut Avenue, you are a short walk or bike ride to the Groves top restaurants, bars, shopping, cafes, parks and more! This 3 bed plus den/office 3.5 bath townhome includes top of the line finishing which include: 2 Fisher and Paykel panel ready refrigerators, new appliances, oven and microwaves, washer/dryer, electrical, plumbing, new hurricane impact windows and doors, flooring, landscaping, outdoor lighting and much more. Enjoy the magical Miami nights in your oversized backyard! PETS UNDER 25LBS ARE WELCOMED WITH A $500 NON REFUNDABLE PET DEPOSIT. THE UNIT IS AVAILABLE FOR A 6 MONTH LEASE @ $14,000 A MONTH.

Last Agent to Rent the Property

Bryan Harr

One Sotheby's International Realty License #3262393 Listed on: 07/17/2023

One Sotheby's International Realty

Last Renter's Agent

Kristie Weyhmiller

One Sotheby's International Realty License #3302184

One Sotheby's International Realty

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2008 | Newly Remodeled

Lot Details

  • 7,125 Sq Ft Lot
  • Southeast Facing Home

Parking

  • 2 Car Parking Spaces

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,140 Sq Ft Home
  • Ceiling Fan
  • Entrance Foyer
  • Formal Dining Room
  • Tile Flooring
  • Garden Views

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 7/19/23
  • 12 Months,Short Term Lease Lease Term
  • Assessor Parcel Number 01-41-16-029-0200

Community Details

Overview

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

Pet Policy

  • Dogs Allowed

Security

  • Complex Is Fenced
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Year Built

Built in 2008 | Newly Remodeled

Lot Details

7,125 Sq Ft Lot

Rental Info

  • Pets Allowed: Dogs OK
  • Available Date: 2023-07-19
  • Lease Term: 12 Months,Short Term Lease

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2008
  • Property Sub Type: Townhouse
  • Architectural Style: First Floor Entry
  • Garage Yn: No
  • Horses: No
  • Lease Assignable: No
  • New Construction: No
  • Structure Type: Townhouse/Villa-Annual, Townhouse
  • Subdivision Name: PALM TERRACE
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Entrance Foyer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Other, Tile
  • Furnished: Unfurnished
  • Living Area: 2140
  • Window Features: Complete Impact Glass, High Impact Windows, Impact Glass
  • Bedroom Features: Primary Bedroom Upstairs
  • Dining Room Features: Formal Dining, Other, Snack Bar/Counter

Exterior Features

  • Roof: Barrel Roof
  • View: Garden, Other
  • Exterior Features: Lighting, Open Balcony, Other
  • Construction Type: CBS Construction
  • Direction Faces: Southeast
  • Patio And Porch Features: Porch/Balcony, Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Smoke Detector, Complex Fenced

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-41-16-029-0200
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 7125
  • Zoning: 3900
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2022
Sold by
Reynolds Stephen and Reynolds Meredith
Bought by
Kadamani Esteban and Gonzalez Karen
Current Estimated Value
$2,428,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Outstanding Balance
$1,519,443
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$908,966

Purchase Details

Closed on
Feb 26, 2018
Sold by
Coconut Virend Llc
Bought by
Reynolds Stephen and Reynolds Meredith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2011
Sold by
Coconut Ave Llc
Bought by
Coconut Virend Llc

Purchase Details

Closed on
Dec 19, 2005
Sold by
Coconut Ave Associates Inc
Bought by
Coconut Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$881,250
Interest Rate
6.28%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 14, 2002
Sold by
Ahmed Simeon I
Bought by
Coconut Ave Associates Inc

Purchase Details

Closed on
Oct 8, 1996
Sold by
Labourdette Gerald J
Bought by
Simeon Ahmed and Bran Ricardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,500
Interest Rate
7.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 1993
Sold by
Young Richard Ulrich
Bought by
Labourdette Gerald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,129
Interest Rate
7.52%
Mortgage Type
FHA
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 Buyer Sale Price Title Company
Kadamani Esteban $2,000,000 P & P Title
Kadamani Esteban $2,000,000 P & P Title
Reynolds Stephen $1,200,000 Attorney
Coconut Virend Llc $750,000 Attorney
Coconut Ave Llc $1,175,000 --
Coconut Ave Associates Inc $365,000 --
Simeon Ahmed $130,000 --
Labourdette Gerald J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kadamani Esteban $1,600,000
Closed Kadamani Esteban $1,600,000
Previous Owner Reynolds Stephen $900,000
Previous Owner Coconut Ave Llc $881,250
Previous Owner Simeon Ahmed $116,500
Previous Owner Labourdette Gerald J $97,129
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2023 08/10/23 Rented $8,500 -4.5% --
08/04/2023 08/04/23 Price Changed $8,900 -6.3% $4 / Sq Ft
07/17/2023 07/17/23 For Rent $9,500 -- --
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 $34,921 $1,855,316 -- --
2024 $33,746 $1,747,002 -- --
2023 $33,746 $1,646,504 $676,875 $969,629
2022 $26,210 $1,128,728 $0 $0
2021 $22,562 $1,026,117 $427,500 $598,617
2020 $22,759 $1,032,919 $427,500 $605,419
2019 $22,954 $1,039,719 $427,500 $612,219
2018 $22,680 $1,046,521 $427,500 $619,021
2017 $23,006 $1,048,572 $0 $0
2016 $21,565 $953,248 $0 $0
2015 $21,462 $916,832 $0 $0
2014 $19,662 $833,484 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11413174

MIAMI REALTORS® MLS

APN: 01-4116-029-0200

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