NOT LISTED FOR SALE

Estimated Value: $2,414,000 - $3,477,000

5 Beds
5.5 Baths
4,089 Sq Ft
$661/Sq Ft Est. Value

Last Sold December 27, 2024

Last sale price $2,580,000 $631 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $18,672/month

233 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 December 2024

New construction (2022) modern townhome in the heart of Coconut Grove. This tri-level residence (5BR/5.5BA) 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: 05/07/2024

Compass Florida, LLC.

Co-Listed By

Riley Smith

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

Last Buyer's Agent

Toni Schrager

Brown Harris Stevens License #0403145

Brown Harris Stevens

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

  • 4,089 Sq Ft Home
  • Property has 3 Levels
  • Built-In Features
  • Formal Dining Room
  • Tile Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks

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 01-41-16-029-0414

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 Sq Ft Lot

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
  • 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: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 4089
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Stories: 3
  • Window Features: Complete Impact Glass, High Impact Windows, Impact Glass
  • Bedroom Features: Primary Bedroom Upstairs
  • Dining Room Features: Formal Dining, Snack Bar/Counter
  • Master Bathroom Features: Dual Sinks

Exterior Features

  • View: Garden View, Pool Area 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
  • Electric: Circuit Breakers
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: No Security

Condo/Co-op/Association

  • Amenities: Pool
  • 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: 01-41-16-029-0414

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
Dec 27, 2024
Sold by
Send Enterprises Llc
Bought by
Not Delusional Inc
Seller's Agent
Randi Connell
Compass Florida, LLC.
Buyer's Agent
Toni Schrager
Brown Harris Stevens
List Price
$3,495,000
Sold Price
$2,580,000
Premium/Discount to List
-$915,000
-26.18%
Views
7
Current Estimated Value
$2,651,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,280
Avg. Annual Appreciation
3.95%

Purchase Details

Listed on
May 7, 2024
Closed on
Dec 26, 2024
Sold by
Send Enterprises Llc
Bought by
Mela Coconut Grove Llc
Seller's Agent
Randi Connell
Compass Florida, LLC.
Buyer's Agent
Toni Schrager
Brown Harris Stevens
List Price
$3,495,000
Sold Price
$2,580,000
Premium/Discount to List
-$915,000
-26.18%
Views
7

Purchase Details

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

Purchase Details

Closed on
Jul 9, 2024
Sold by
Cardoso Alexandra and Lew John
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 Iii Llc
Bought by
Set Dynasty Llc

Purchase Details

Closed on
Jul 18, 2012
Sold by
Campanile Marilynn B
Bought by
Campanile Tina and Campanile Marilynn B

Purchase Details

Closed on
Sep 16, 2002
Sold by
Frank J Campanile I
Bought by
Campanile Frank J
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
Not Delusional Inc $2,580,000 None Listed On Document
Not Delusional Inc $2,580,000 None Listed On Document
Mela Coconut Grove Llc $2,370,000 None Listed On Document
Send Enterprises Llc -- None Listed On Document
Send Enterprises Llc -- 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
Campanile Tina -- Attorney
Campanile Frank J -- --
Source: Public Records

Mortgage History

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

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2024 12/27/24 Sold $2,580,000 -21.7% $631 / Sq Ft
10/14/2024 10/14/24 Price Changed $3,295,000 -5.7% $806 / Sq Ft
05/07/2024 05/07/24 For Sale $3,495,000 -- $855 / Sq Ft
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 $58,518 $1,569,027 $534,375 $1,034,652
2024 $55,106 $2,891,555 -- --
2023 $55,106 $2,628,687 $0 $0
2022 $10,821 $1,901,126 $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 $6,926 $246,425 $0 $0
2015 $5,926 $246,581 $0 $0
2014 $5,926 $224,165 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11577225

MIAMI REALTORS® MLS

APN: 01-4116-029-0411

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