NOT LISTED FOR SALE

2986 Coconut Ave Miami, FL 33133

Northeast Coconut Grove Neighborhood

Estimated Value: $1,951,000 - $4,570,140

4 Beds
3.5 Baths
3,108 Sq Ft
$898/Sq Ft Est. Value

Last Sold December 26, 2024

Last sale price $2,027,000 $652 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $18,579/month

232 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 December 2024

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 and 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: 05/07/2024

Compass Florida, LLC.

Co-Listed By

Riley Smith

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

Last Buyer's Agent

MAR NON-MEMBER

NO MLS PARTICIPATION (MAR) License #0

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $12,504

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 3,572

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
  • 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 01-41-16-029-0415

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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$12,504

Year Built

Built in 2022 | New Construction

Lot Details

3,572 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: 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, 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: Primary Bedroom Upstairs
  • Dining Room Features: Formal Dining, Snack Bar/Counter
  • Master Bathroom Features: Dual Sinks

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
  • Electric: Circuit Breakers
  • 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: 01-41-16-029-0415
  • 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
MAR NON-MEMBER
NO MLS PARTICIPATION (MAR)
List Price
$2,750,000
Sold Price
$2,027,000
Premium/Discount to List
-$723,000
-26.29%
Views
10
Current Estimated Value
$2,791,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$764,535
Avg. Annual Appreciation
29.99%

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
MAR NON-MEMBER
NO MLS PARTICIPATION (MAR)
List Price
$2,750,000
Sold Price
$2,027,000
Premium/Discount to List
-$723,000
-26.29%
Views
10

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

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
Mela Coconut Grove Llc $2,100,000 None Listed On Document
Set Dynasty Llc $2,027,000 Imperial Title
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 -- 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 Iv Llc -- 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
12/26/2024 12/26/24 Sold $2,027,000 -20.5% $652 / Sq Ft
10/22/2024 10/22/24 Price Changed $2,550,000 -7.3% $820 / Sq Ft
05/07/2024 05/07/24 For Sale $2,750,000 -- $885 / 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 $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

  • R

    Seller's Agent in 2024

    Randi Connell

    Compass Florida, LLC.

    (305) 726-9726

    12 in this area

    33 Total Sales

    Randi Connell
    Section Image
  • Riley Smith

    Seller Co-Listing Agent in 2024

    Riley Smith

    Compass Florida, LLC.

    (786) 550-6054

    140 in this area

    690 Total Sales

    Riley Smith
    Section Image

  • M

    Buyer's Agent in 2024

    MAR NON-MEMBER

    NO MLS PARTICIPATION (MAR)

    15 in this area

    537 Total Sales

    MAR NON-MEMBER
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11577237

MIAMI REALTORS® MLS

APN: 01-4116-029-0412

Florida Miami/Dade County Miami 33133 Northeast Coconut Grove

2986 Coconut Ave, Miami, FL

Not Listed for Sale

Townhouses

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