NOT LISTED FOR SALE

3225 Franklin Ave Unit PH03 Miami, FL 33133

Southwest Coconut Grove Neighborhood

Estimated Value: $675,166 - $1,015,000

1 Bed
1.5 Baths
983 Sq Ft
$706/mo HOA Fee

Last Sold December 11, 2014

Last sale price $355,000 $361 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $6,173/month

50 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Marble Flooring
  • Coconut Grove Elementary School Rated A
  • Newly Remodeled
  • 4-minute walk to The Barnacle Historic State Park

About This Home

As of December 2014

Unique Bahamian style penthouse unit in the exclusive GROVE GARDEN RESIDENCES boutique condominium building. Located in the middle of COCONUT GROVE, within walking distance of restaurants, shopping and providing access to state-of-the-art amenities. Elega nt gourmet kitchen. 24/7 concierge. Designer-decorated lobby.

Last Agent to Sell the Property

Daniel Nault

Edgewater International Realty, Inc License #3274922 Listed on: 08/20/2014

Last Buyer's Agent

Daniel Nault

Edgewater International Realty, Inc License #3274922 Listed on: 08/20/2014

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,150

Year Built

  • Built in 2006 | Newly Remodeled

HOA Fees

  • $706 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Secured Garage or Parking

Home Design

  • Penthouse
  • Entry on the 5th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 983 Sq Ft Home
  • Marble Flooring
  • Pool Views
  • Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet

Home Security

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-41-21-311-0330

Community Details

Overview

  • 42 Units
  • Grove Garden Residences Condos
  • 5-Story Property

Amenities

  • Doorman
  • Trash Chute
  • Community Storage Space

Recreation

  • Fitness Center
  • Heated Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Phone Entry
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,150

Year Built

Built in 2006 | Newly Remodeled

Lot Details

0

HOA Fees

$706 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Property Sub Type: Condominium
  • Architectural Style: Penthouse
  • Directions: GROVE GARDEN RESIDENCES BOUTIQUE CONDOMINIUM BUILDING IS LOCATED AT THE CORNER OF MAIN HIGHWAY AND FRANKLIN AVE IN COCONUT GROVE
  • Entry Level: 5
  • Garage Yn: Yes
  • Horses: No
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry, Walk-In Closet(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 983
  • Possible Use: Primary
  • Stories: 5
  • Bedroom Features: Entry Level

Exterior Features

  • View: Pool Area View
  • Exterior Features: 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: GROVE GARDEN RESIDENCES
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Covered, Limited # Of Vehicle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Doorman, Phone Entry, Secured Garage/Parking

Condo/Co-op/Association

  • Association Fee: 706
  • Amenities: Exercise Room, Storage, Heated Pool, Pool, Spa/Hot Tub, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-21-311-0330
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 4150

Multi Family

  • Number Of Units In Community: 42
  • Number Of Units Total: 38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2018
Sold by
Rg & Wb Property Management Llc
Bought by
Gugavale Llc
Current Estimated Value
$902,292

Purchase Details

Listed on
Aug 20, 2014
Closed on
Dec 10, 2014
Sold by
Heagrand 1 Llc
Bought by
Rg & Wb Property Management Llc
Seller's Agent
Daniel Nault
Edgewater International Realty, Inc
Buyer's Agent
Daniel Nault
Edgewater International Realty, Inc
List Price
$409,000
Sold Price
$355,000
Premium/Discount to List
-$54,000
-13.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.94%

Purchase Details

Closed on
Jan 15, 2014
Sold by
Farias Magdalena
Bought by
Heagrand 1 Llc

Purchase Details

Closed on
Sep 26, 2006
Sold by
Main Highway Development Llc
Bought by
Farias Magdalena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,400
Interest Rate
1%
Mortgage Type
Unknown
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
Gugavale Llc $415,000 Title America A Law Firm
Rg & Wb Property Management Llc $355,000 Miami Title Group Inc
Heagrand 1 Llc $210,000 Attorney
Farias Magdalena $520,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Farias Magdalena $398,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2014 12/11/14 Sold $355,000 -13.2% $361 / Sq Ft
10/10/2014 10/10/14 Pending -- -- --
08/20/2014 08/20/14 For Sale $409,000 -- $416 / 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 $8,653 $440,338 -- --
2024 $8,368 $400,308 -- --
2023 $8,368 $363,917 $0 $0
2022 $6,820 $330,834 $0 $0
2021 $6,824 $321,198 $0 $0
2020 $6,841 $321,198 $0 $0
2019 $6,856 $321,198 $0 $0
2018 $6,728 $321,198 $0 $0
2017 $7,162 $338,103 $0 $0
2016 $7,028 $322,003 $0 $0
2015 $6,509 $292,730 $0 $0
2014 $4,805 $194,462 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    Daniel Nault

    Edgewater International Realty, Inc

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1994049

MIAMI REALTORS® MLS

APN: 01-4121-311-0330

Florida Miami/Dade County Miami 33133 Southwest Coconut Grove

3225 Franklin Ave Unit PH03, Miami, FL

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