$2,250,000
SOLD JAN 31, 2025
4 Beds
3.5 Baths
3,108 Sq Ft
2022 Built

Recently Sold

$724 Per Sq Ft

18% Below List Price

267 Days on Market

Highlights

  • New Construction
  • Garden View
  • Balcony
  • Coconut Grove Elementary School Rated A
  • Formal Dining Room
  • 1 Car Attached Garage

About This Home

As of January 2025

New construction (2022) modern townhome in the heart of Coconut Grove. This 2-story residence (4BR/3.5BA) 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. 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 with glass enclosed rain shower. Enjoy outdoor living on the expansive rooftop terrace w/ 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: 05/08/2024

Compass Florida, LLC

Co-Listed By

Riley Smith

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

Compass Florida, LLC

Last Buyer's Agent

Riley Smith

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

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

  • 3,108 Sq Ft Home
  • Property has 2 Levels
  • Built-In Features
  • Formal Dining Room
  • Tile Flooring
  • Garden Views

Kitchen

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

Bedrooms and Bathrooms

  • 4 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 01-41-16-029-0410

Community Details

Overview

  • Property has a 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: 2
  • 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
  • Attribution Contact: 305-726-9726
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 3108
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Stories: 2
  • Window Features: High Impact Windows, Impact Glass
  • Bedroom Features: None
  • 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: Yes

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: 01-41-16-029-0410

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 8, 2024
Closed on
Jan 31, 2025
Sold by
Send Enterprises Llc
Bought by
Devine John W and Devine Marianne W
Seller's Agent
Randi Connell
Compass Florida, LLC
Buyer's Agent
Riley Smith
Compass Florida, LLC
List Price
$2,750,000
Sold Price
$2,250,000
Premium/Discount to List
-$500,000
-18.18%
Views
35
Current Estimated Value
$2,548,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,274
Avg. Annual Appreciation
17.03%

Purchase Details

Closed on
Sep 4, 2024
Sold by
Twenty 2 Three 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
$1,925,000
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2024
Sold by
Send Enterprises Llc
Bought by
Busoli Emilio and Busoli Claudia Marina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,925,000
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2024
Sold by
Ringo Alexander Phillip and Bedell Victoria Lee
Bought by
Send Enterprises 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 V Llc
Bought by
Set Dynasty Llc

Purchase Details

Closed on
Jul 18, 2012
Sold by
Campanile Marilynn B and Campanile Tina
Bought by
Bay Shore United V Llc

Purchase Details

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

Purchase Details

Closed on
Feb 21, 1996
Sold by
Baxas George
Bought by
Baxas George and Baxas Sam
Source: Public Records

Range of Values:

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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 $2,250,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $2,750,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $20,461,000 Attorney
Warranty Deed $575,000 Attorney
Quit Claim Deed -- Attorney
Personal Reps Deed -- --
Personal Reps Deed $11,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,925,000 New Conventional
Previous Owner $25,000,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2025 01/31/25 Sold $2,250,000 -11.8% $724 / Sq Ft
10/22/2024 10/22/24 Price Changed $2,550,000 -7.3% $820 / Sq Ft
05/08/2024 05/08/24 For Sale $2,750,000 -- $885 / 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 $48,535 $1,327,167 $534,300 $792,867
2024 $45,476 $2,376,271 -- --
2023 $45,476 $2,160,247 $0 $0
2022 $10,821 $1,594,300 $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 $6,824 $241,518 $0 $0
2015 $5,822 $240,303 $0 $0
2014 $5,822 $218,458 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11576991

MIAMI REALTORS® MLS

APN: 01-4116-029-0410