NOT LISTED FOR SALE

Estimated Value: $2,132,000 - $2,326,974

2 Beds
1 Bath
708 Sq Ft
$3,184/Sq Ft Est. Value

Last Sold May 30, 2019

Last sale price $550,000 $777 Per Sq Ft

Est. 310% increase in value since last sale

Current estimated payment $12,829/month

129 Days on Market

Highlights

  • Room in yard for a pool
  • Garden View
  • No HOA
  • Coconut Grove Elementary School Rated A
  • Attic
  • In-Law or Guest Suite

About This Home

As of May 2019

Great opportunity for investors and/or developers in the heart of Coconut Grove within a 5700/T3 Duplexes/Townhouses zoned area. This 6,250 sqft lot features a 2 bed/1 bath single family home which can be redeveloped into one single family home, one duplex or two townhouses. Property can be rented to produce income during planning and permitting period. Best location east of US1 between Shipping Ave and Day Ave within walking distance to Coconut Grove's shops and restaurants, and within only a few minutes drive to Downtown Miami, Miami International Airport and the Beaches. To be sold AS IS.

Last Agent to Sell the Property

Maraly Caban

EXP Realty LLC License #3396067 Listed on: 12/06/2018

EXP Realty LLC

Co-Listed By

Michael Gebhard

LPT Realty, LLC License #3377795

Last Buyer's Agent

Ines Carreño

Homes Real Estate Group Inc. License #3178103

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,613

Year Built

  • Built in 1937

Lot Details

  • 6,250 Sq Ft Lot
  • East Facing Home
  • Fenced
  • Property is zoned 5700/T3 DUPLEXES GEN

Interior Spaces

  • 708 Sq Ft Home
  • 1-Story Property
  • Garden Views
  • Attic

Bedrooms and Bathrooms

  • 2 Bedrooms
  • In-Law or Guest Suite
  • 1 Full Bathroom

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • Room in yard for a pool
  • Patio

Location

  • East of U.S. Route 1

Schools

  • Coconut Grove Elementary School
  • Ponce De Leon Middle School
  • Coral Gables High School

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • Palmhurst Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-21-001-1240

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,613

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1937
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story, Other
  • Co List Office Mls Id: RJFH01
  • Co List Office Phone: 352-363-6982
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: Palmhurst
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: First Floor Entry, Attic, Separate Guest/In-Law Quarters, Other
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 708
  • Possible Use: Investment
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Living Room Features: Attic, Separate Guest/In-Law Quarters, Other

Exterior Features

  • Roof: Other
  • View: Garden, Other
  • Exterior Features: Other, Room For Pool
  • Construction Type: Other
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot, East Of US 1
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Palmhurst
  • Open Parking: Yes
  • Parking Features: Driveway, Other

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: None, Public Road

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: 01-41-21-001-1240
  • Lot Size Sq Ft: 6250
  • Zoning: 5700/T3 DUPLEXES GEN
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1613

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2025
Sold by
3144 New Homes Llc
Bought by
Pulman Kimchy Alecia
Current Estimated Value
$2,254,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Outstanding Balance
$1,741,536
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$512,708

Purchase Details

Listed on
Dec 6, 2018
Closed on
May 30, 2019
Sold by
Palominos Sandra
Bought by
3144 New Homes Llc
Seller's Agent
Maraly Caban
EXP Realty LLC
Buyer's Agent
Ines Carreño
Homes Real Estate Group Inc.
List Price
$620,000
Sold Price
$550,000
Premium/Discount to List
-$70,000
-11.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.57%
Original Mortgage
$330,000
Interest Rate
4.1%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 19, 2008
Sold by
Us Bank Na
Bought by
Palominos Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,920
Interest Rate
5.97%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 10, 2008
Sold by
Polanco Liliana M
Bought by
Us Bank Na

Purchase Details

Closed on
Jun 22, 2006
Sold by
Smiley John and Smiley Gwendolyn
Bought by
Polanco Liliana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,500
Interest Rate
6.49%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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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
Pulman Kimchy Alecia $2,360,000 Perland Title
Pulman Kimchy Alecia $2,360,000 Perland Title
3144 New Homes Llc $550,000 Perland T&E Svcs Corp
Palominos Sandra $249,900 Watson Title Insurance Inc
Us Bank Na -- None Available
Polanco Liliana M $507,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pulman Kimchy Alecia $1,750,000
Closed Pulman Kimchy Alecia $1,750,000
Previous Owner 3144 New Homes Llc $330,000
Previous Owner Palominos Sandra $199,920
Previous Owner Polanco Liliana M $101,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2019 05/30/19 Sold $550,000 -8.2% $777 / Sq Ft
04/12/2019 04/12/19 Pending -- -- --
03/11/2019 03/11/19 Price Changed $599,000 -3.4% $846 / Sq Ft
12/04/2018 12/04/18 For Sale $620,000 -- $876 / 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 $11,651 $244,778 -- --
2024 $10,212 $445,052 -- --
2023 $10,212 $404,593 $0 $0
2022 $8,545 $367,812 $0 $0
2021 $8,322 $373,784 $334,375 $39,409
2020 $9,340 $420,689 $381,250 $39,439
2019 $1,685 $102,768 $0 $0
2018 $1,613 $100,852 $0 $0
2017 $1,588 $98,778 $0 $0
2016 $1,583 $96,747 $0 $0
2015 $1,595 $96,075 $0 $0
2014 $1,607 $95,313 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10582541

MIAMI REALTORS® MLS

APN: 01-4121-001-1240