$1,050,000
SOLD AUG 29, 2022
2 Beds
2 Baths
1,882 Sq Ft
$1,938/mo HOA Fee

Recently Sold

$558 Per Sq Ft

32 Days on Market

Highlights

  • Doorman
  • Marina
  • Property Fronts a Bay or Harbor
  • Key Biscayne K-8 Center Rated A-
  • Dock Available
  • Fitness Center

About This Home

As of August 2022

Welcome home to this renovated oversized condominium located on Grove Isle. 3 Grove Isle U:707 offers a custom kitchen with quartz countertops and white shaker cabinets. The kitchen leads you into the living room which consists of a large balcony that faces the Bay and Downtown Miami Skylines. Also included are spacious closets and in-unit laundry. This island property offers paradise living inclusive of numerous amenities such as pools & jacuzzis, tennis courts, gyms, front desk concierge, private door attendant, and valet parking. Only minutes to Downtown Brickell, MIA, and Miami Beach, you won’t want to miss this opportunity to live on an exclusive 20-ace private island!

Last Agent to Sell the Property

Hudson Santana

Keller Williams Capital Realty License #3433427 Listed on: 06/16/2022

Keller Williams Capital Realty

Last Buyer's Agent

Pilar Corredor

One Sotheby's International Realty License #0703229

One Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,970

Year Built

  • Built in 1981

HOA Fees

  • $1,938 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,882 Sq Ft Home
  • Built-In Features
  • Blinds
  • Sliding Windows
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Dock Available

Additional Features

  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-41-14-015-4480

Community Details

Overview

  • High-Rise Condominium
  • Grove Isle Condos
  • Grove Isle Condo,Grove Isle Subdivision
  • Car Wash Area
  • 18-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Community Barbecue Grill
  • Trash Chute
  • Elevator
  • Secure Lobby

Recreation

  • Marina
  • Private Beach Pavilion
  • Tennis Courts
  • Community Playground
  • Bike Trail

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Security Guard
  • Complete Accordion Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,970

Year Built

Built in 1981

Lot Details

0

HOA Fees

$1,938 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1981
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: Located on Grove Isle, a private, security-guarded island off northeast Coconut Grove. South Bayshore Drive to Fair Isle St. Proceed south over the causeway to the gated entrance. Self-park in visitor parking or valet your vehicle complimentary.
  • Entry Level: 7
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access,Dock Available, Community Marina
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: GROVE ISLE CONDO,Grove Isle
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Lobby, First Floor Entry, Built-in Features, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1882
  • Possible Use: Primary
  • Stories: 18
  • Window Features: Complete Accordian Shutters, Blinds, Sliding
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Bay
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: Completely Renovated
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Grove Isle
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Covered, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Smoke Detector, Doorman, Guard At Site, Lobby Secured, Security Patrol

Condo/Co-op/Association

  • Association Fee: 1938
  • Amenities: Bike/Jog Path, Barbecue, Elevator(s), Exercise Room, Heated Pool, Marina, Child Play Area, Pool, Private Beach Pavilion, Tennis Court(s), Trash Chute, Vehicle Wash Area
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-14-015-4480
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 1938

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 10970

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2022
Closed on
Aug 25, 2022
Sold by
Hazel Piniella
Bought by
Turbay Moris and Perez-Abreu Carla
Seller's Agent
Pilar Corredor
One Sotheby's International Realty
Buyer's Agent
Ashley Cusack
BHHS EWM Realty
Sold Price
$8,000
Views
5
Current Estimated Value
$1,437,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,429,106
Avg. Annual Appreciation
10.34%
Original Mortgage
$787,500
Outstanding Balance
$756,084
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$647,703

Purchase Details

Listed on
Sep 7, 2019
Closed on
Apr 5, 2020
Sold by
Millard Valerie Leila Heather and Millard Valerie Leila
Bought by
Piniella Hazel
Seller's Agent
Cecilia Tavera-Webman
RE/MAX Advance Realty
Buyer's Agent
Victoria Hurtado
Haute Real Estate, Inc.
List Price
$530,000
Sold Price
$370,000
Premium/Discount to List
-$160,000
-30.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.69%

Purchase Details

Closed on
Jun 14, 2011
Sold by
Millard Heather and Millard Valerie Leila Heather
Bought by
Millard Valerie Leila Heather

Purchase Details

Closed on
Jan 27, 2011
Sold by
Millard Valerie Leila Heather and Millard Heather
Bought by
Millard Valerie Leila Heather
Source: Public Records

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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 $1,050,000 --
Warranty Deed $370,000 Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $787,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2022 10/11/22 Under Contract -- -- --
10/06/2022 10/06/22 Rented $8,000 +6.7% --
09/19/2022 09/19/22 Price Changed $7,500 -8.5% $4 / Sq Ft
09/08/2022 09/08/22 For Rent $8,200 0.0% --
08/29/2022 08/29/22 Sold $1,050,000 0.0% $558 / Sq Ft
07/19/2022 07/19/22 Pending -- -- --
06/16/2022 06/16/22 For Sale $1,050,000 +183.8% $558 / Sq Ft
05/15/2020 05/15/20 Sold $370,000 -15.7% $197 / Sq Ft
02/07/2020 02/07/20 Price Changed $439,000 -12.0% $233 / Sq Ft
11/11/2019 11/11/19 Price Changed $499,000 -5.8% $265 / Sq Ft
09/07/2019 09/07/19 For Sale $530,000 -- $282 / 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 $17,283 $930,730 -- --
2024 $17,733 $904,500 -- --
2023 $17,733 $904,500 $0 $0
2022 $10,913 $480,496 $0 $0
2021 $9,281 $436,815 $0 $0
2020 $10,945 $513,900 $0 $0
2019 $10,970 $513,900 $0 $0
2018 $11,960 $571,000 $0 $0
2017 $13,013 $614,270 $0 $0
2016 $13,420 $598,891 $0 $0
2015 $12,649 $544,447 $0 $0
2014 $12,189 $494,952 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11223549

MIAMI REALTORS® MLS

APN: 01-4114-015-4480