$1,510,000
SOLD OCT 21, 2025
-- Bed
-- Bath
1,400 Sq Ft
1959 Built

Recently Sold

$1,079 Per Sq Ft

86% Below List Price

282 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 5-minute walk to Blanche Park
  • Coconut Grove Elementary School Rated A
  • 1-Story Property

About This Home

As of October 2025

Part of a Portfolio - Developers opportunity. Approx 40,000 sq.ft. lot with 5 duplexes (10 units) 3151, 3161, 3171, 3181 McDonald and 3191 Day Ave. located in the vibrant neighborhood of Coconut Grove. Zoned T3-O. Build up to 18 units per acre. This desirable community is conveniently situated within walking distance of Coco Walk, renowned restaurants, shopping destinations, top-rated schools, and just moments away from the Bay. Residents will find themselves within easy reach of prestigious educational institutions such as Ransom Everglades and Carrollton School of the Sacred Heart, as well as Cocowalks open-air mall, picturesque parks, upscale dining options, the scenic Dinner Key Marina, and all the attractions Coconut Grove has to offer.

Last Agent to Sell the Property

Edward Ferenczi

NuGen Realty LLC License #3273966 Listed on: 04/09/2024

Last Buyer's Agent

Alejandro Tabosky

Brokers, LLC License #3059980

Brokers, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,309

Year Built

  • Built in 1959

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Biscayne Realty Cos Condos
  • Biscayne Realty Cos Subdivision

Listing and Financial Details

  • Rent includes rent incl
  • Assessor Parcel Number 01-41-21-021-0360

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,309

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1959
  • Property Sub Type: Duplex
  • Architectural Style: Other
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: BISCAYNE REALTY COS
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • LastStatus: Active With Contract
  • CurrentPrice: 1510000
  • InternetRemarks: Amazing investment in one of the the best areas of Miami, Coconut Grove!
  • ShowingTimeFlag: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Other
  • Living Area: 1400
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: Concrete Block Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: BISCAYNE REALTY COS
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-21-021-0360
  • Zoning: 5700

Rental Info

  • Rent Includes: Other Rent Incl

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 15309

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2024
Closed on
Oct 20, 2025
Sold by
3151-3153 Sw 32 Ave Llc
Bought by
Cg Lot 1 Llc
Seller's Agent
Edward Ferenczi
NuGen Realty LLC
Buyer's Agent
Alejandro Tabosky
Brokers, LLC
List Price
$10,750,000
Sold Price
$1,510,000
Premium/Discount to List
-$9,240,000
-85.95%
Views
40

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13262.79%

Purchase Details

Closed on
Feb 2, 2024
Sold by
Cobitz Maricel
Bought by
3151-3153 Sw 32 Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,600,000
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2023
Sold by
Cobitz Thomas A and Cobitz Maricel
Bought by
Cobitz Maricel

Purchase Details

Closed on
Apr 19, 2005
Sold by
Mccleod Grace A and Cloutier Grace A
Bought by
Cobitz Thomas A and Cobitz Maricel
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $1,510,000 None Listed On Document
Warranty Deed $1,510,000 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
Quit Claim Deed -- None Listed On Document
Warranty Deed $430,000 --
Warranty Deed $430,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,600,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2025 10/21/25 Sold $1,510,000 -84.9% $1,079 / Sq Ft
06/06/2025 06/06/25 Price Changed $10,000,000 -7.0% $7,143 / Sq Ft
04/18/2025 04/18/25 For Sale $10,750,000 0.0% $7,679 / Sq Ft
01/17/2025 01/17/25 Pending -- -- --
10/22/2024 10/22/24 Price Changed $10,750,000 -10.4% $7,679 / Sq Ft
04/09/2024 04/09/24 For Sale $12,000,000 -- $8,571 / 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 $14,744 $1,110,443 $1,012,500 $97,943
2024 $15,309 $569,924 -- --
2023 $15,309 $515,084 $0 $0
2022 $12,060 $468,259 $0 $0
2021 $10,869 $425,690 $0 $0
2020 $11,535 $577,597 $506,250 $71,347
2019 $10,678 $539,128 $467,775 $71,353
2018 $9,623 $496,609 $425,250 $71,359
2017 $9,573 $353,012 $0 $0
2016 $9,248 $320,920 $0 $0
2015 $8,395 $291,746 $0 $0
2014 $7,081 $271,689 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11566078

MIAMI REALTORS® MLS

APN: 01-4121-021-0360