$2,100,000
SOLD DEC 26, 2024
4 Beds
3.5 Baths
3,108 Sq Ft
3,572 Sq Ft Lot

Recently Sold

$676 Per Sq Ft

25% Below List Price

232 Days on Market

Highlights

  • New Construction
  • Vaulted Ceiling
  • Garden View
  • Coconut Grove Elementary School Rated A
  • Roman Tub
  • Community Pool

About This Home

As of December 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: 05/07/2024

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
  • Concrete Block And Stucco Construction

Interior Spaces

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

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Roman Tub
  • Jettted Tub and Separate Shower in Primary Bathroom
  • Bathtub

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Balcony
  • Fenced
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 01-41-16-029-0412

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
  • 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: Yes
  • 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: 4098

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Roman Tub, Volume Ceilings, 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: Investment
  • Stories: 2
  • Window Features: Complete Impact Glass, High Impact Windows, Impact Glass
  • Bedroom Features: Primary Bath Shower, Primary Bath Tub, Primary Bedroom Upstairs
  • Dining Room Features: Formal Dining, Snack Bar/Counter
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • View: Garden View
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • 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, 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: Private Pool
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-16-029-0412
  • 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
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
Randi Connell
Compass Florida, LLC
List Price
$2,800,000
Sold Price
$2,100,000
Premium/Discount to List
-$700,000
-25%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.97%

Purchase Details

Listed on
May 7, 2024
Closed on
Dec 24, 2024
Sold by
Send Enterprises Llc
Bought by
Set Dynasty Llc
Seller's Agent
Randi Connell
Compass Florida, LLC
Buyer's Agent
Randi Connell
Compass Florida, LLC
List Price
$2,800,000
Sold Price
$2,100,000
Premium/Discount to List
-$700,000
-25%
Views
23

Purchase Details

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

Purchase Details

Closed on
Jun 25, 2024
Sold by
Vietmar Llc
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 Iv 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 Iv Llc

Purchase Details

Closed on
Sep 16, 2002
Sold by
Frank J Campanile I
Bought by
Campanile Frank J
Source: Public Records

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Range of Values:

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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 $2,100,000 None Listed On Document
Warranty Deed $2,027,000 Imperial Title
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
Warranty Deed $20,461,000 Attorney
Warranty Deed $575,000 Attorney
Quit Claim Deed -- Attorney
Personal Reps Deed -- --
Source: Public Records

Mortgage History

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

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 For Rent $14,500 0.0% --
12/26/2024 12/26/24 Sold $2,100,000 -19.2% $676 / Sq Ft
10/14/2024 10/14/24 Price Changed $2,600,000 -7.1% $837 / Sq Ft
05/07/2024 05/07/24 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 $48,645 $1,354,271 $534,375 $819,896
2024 $45,582 $2,381,947 -- --
2023 $45,582 $2,165,407 $0 $0
2022 $10,821 $1,597,800 $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 $6,925 $246,350 $0 $0
2015 $5,923 $246,503 $0 $0
2014 $5,923 $224,094 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11577232

MIAMI REALTORS® MLS

APN: 01-4116-029-0412