NOT LISTED FOR SALE

Estimated Value: $2,219,006 - $2,548,000

4 Beds
3.5 Baths
3,108 Sq Ft
$776/Sq Ft Est. Value

Last Sold August 23, 2024

Last sale price $2,750,000 $885 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $16,648/month

103 Days on Market

Highlights

  • New Construction
  • Garden View
  • Formal Dining Room
  • Coconut Grove Elementary School Rated A
  • Community Pool
  • Balcony

About This Home

As of August 2024

New construction (2022) modern townhome in the heart of Coconut Grove. This two-level residence (4BR/3.5BA) offers light-filled, open living spaces w/volume ceilings, high-end finishes and fixtures throughout. Stunning, European-style kitchen with all Thermador appliances, quartz countertops & cooking island w/seating. All bedrooms offer ample closet space most have balconies. Luxurious primary suite offers floor- to-ceiling windows w/tree-top views, oversized custom walk-in closet and spa-like bath w/soaking tub & frameless glass rain shower. Enjoy outdoor living & entertaining in the private garden with tranquil pool. Just a walk or bike ride away from the Grove's best restaurants and shops. 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

Last Buyer's Agent

Marise De Nobrega

AG Real Estate Advisors, LLC License #3287693

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

Property Views

  • Garden
  • Pool

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

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Balcony
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 01-41-16-029-0413

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units
  • Palm Terrace Condos
  • Palm Terrace Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • High Impact Windows

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, Refrigerator, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 3108
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Stories: 2
  • 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, Pool Area View
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: Yes
  • 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

Utilities

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

Condo/Co-op/Association

  • Amenities: Private Pool
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-16-029-0413

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

Closed on
Jan 31, 2025
Sold by
Send Enterprises Llc
Bought by
Devine John W and Devine Marianne W
Current Estimated Value
$2,412,752

Purchase Details

Listed on
May 8, 2024
Closed on
Sep 4, 2024
Sold by
Twenty 2 Three Llc
Bought by
Send Enterprises Llc
Seller's Agent
Randi Connell
Compass Florida, LLC.
Buyer's Agent
Marise De Nobrega
AG Real Estate Advisors, LLC
List Price
$2,800,000
Sold Price
$2,750,000
Premium/Discount to List
-$50,000
-1.79%
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.05%
Original Mortgage
$1,925,000
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 8, 2024
Closed on
Aug 21, 2024
Sold by
Send Enterprises Llc
Bought by
Busoli Emilio and Busoli Claudia Marina
Seller's Agent
Randi Connell
Compass Florida, LLC.
Buyer's Agent
Marise De Nobrega
AG Real Estate Advisors, LLC
List Price
$2,800,000
Sold Price
$2,750,000
Premium/Discount to List
-$50,000
-1.79%
Views
14

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Devine John W $2,250,000 None Listed On Document
Send Enterprises Llc -- None Listed On Document
Send Enterprises Llc -- None Listed On Document
Busoli Emilio $2,750,000 None Listed On Document
Send Enterprises Llc -- None Listed On Document
Send Enterprises Llc -- None Listed On Document
Send Enterprises Llc $20,461,000 Attorney
Set Dynasty Llc $575,000 Attorney
Bay Shore United V Llc -- Attorney
Campanile Frank J -- --
Baxas George $11,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Busoli Emilio $1,925,000
Previous Owner Send Enterprises Llc $25,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2024 08/23/24 Sold $2,750,000 -1.8% $885 / Sq Ft
08/19/2024 08/19/24 Pending -- -- --
05/08/2024 05/08/24 For Sale $2,800,000 -- $901 / 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: A11576977

MIAMI REALTORS® MLS

APN: 01-4116-029-0410