NOT LISTED FOR SALE

Estimated Value: $759,581

-- Bed
-- Bath
1,766 Sq Ft
$430/Sq Ft Est. Value

Last Sold September 01, 2012

Last sale price $2,600 $1 Per Sq Ft

Est. 29,115% increase in value since last sale

Current estimated payment $4,843/month

Highlights

  • No HOA
  • Cooling Available
  • Brick Front
  • Coconut Grove Elementary School Rated A
  • Security Gate
  • 2-minute walk to Billy Rolle Mini Park

About This Home

As of April 2016

Excellent opportunity to lease approx. 1,766 RSF of nicely built-out office space in the heart of the Grove business district. Tenant pays electric, janitorial and AC maintenance. The office is located on the 2nd floor. The floor plan is very adaptable to numerous office uses and includes a demised conference room, 2 private offices, interior bathroom and large open area for 6 work stations. Also for sale at $449,500 w/seller financing.

Last Agent to Rent the Property

Rolando Alvarez

Coldwell Banker Commercial NRT License #0415533 Listed on: 07/16/2015

Last Renter's Agent

Rolando Alvarez

Coldwell Banker Commercial NRT License #0415533 Listed on: 07/16/2015

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $8,452

Year Built

  • Built in 2006

Lot Details

  • 1,766 Sq Ft Lot
  • Property is zoned 61/COMME

Home Design

  • Concrete Roof
  • Brick Front
  • Concrete Block And Stucco Construction

Flooring

  • Carpet
  • Vinyl

Home Security

  • Security Gate
  • Fire and Smoke Detector

Parking

  • 6 Parking Spaces
  • Covered Parking
  • Free Parking
  • Assigned Parking

Location

  • City Lot

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • Coco Style Condos
  • 5-Story Property

Listing and Financial Details

  • Tenant pays for electricity, janitorial service, telephone, sales tax
  • 1 To 3 Year Lease,4 To 6 Year Lease Lease Term
  • Assessor Parcel Number 01-41-21-324-0330

Property Details

Property Type

Other

Est. Annual Taxes

$8,452

Year Built

Built in 2006

Lot Details

0

Rental Info

  • Tenant Pays: Electricity, Janitorial Service, Telephone, Sales Tax
  • Lease Term: 1 To 3 Year Lease,4 To 6 Year Lease

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 2006
  • Property Sub Type: Lease
  • Business Type: Condominium, Office Space
  • Directions: LOCATED OFF GRAND AVENUE JUST ACROSS THE STREET FROM CVS PHARMACY, BANK OF AMERICA, POST OFFICE & UPS FACILITIES. WALK TO COCO WALK, RESTAURANTS & RETAIL SHOPS.
  • Horses: No
  • Lease Assignable: No
  • New Construction: No
  • Road Frontage Type: City
  • Building Stories: 5
  • Structure Type: Lease
  • ResoPropertyType: CommercialSale
  • Special Features: VirtualTour
  • Stories: 5

Interior Features

  • Flooring: Carpet, Vinyl
  • Possible Use: Primary
  • Stories: 5

Exterior Features

  • Roof: Concrete
  • Construction Type: Brick, CBS Construction
  • Lot Features: Central Business District, City Location
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: COCO STYLE
  • Parking Features: Assigned, Covered, Free Parking
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sanitation
  • Water Source: Public
  • Cooling: Central Individual A/C
  • Cooling Y N: Yes
  • Electric: 110 Volts Power
  • Electricity On Property: Yes
  • Heating: Central Electric
  • Heating Yn: Yes
  • Security: Smoke Alarm, Smoke Detector(s), Security Gate

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-41-21-324-0330
  • Current Use: Commercial Lease
  • Land Lease: No
  • Lot Size Sq Ft: 1766
  • Zoning: 61/COMME
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2020
Sold by
Cocostyle Suite 201 Llc
Bought by
Hmg Grove Llc
Current Estimated Value
$759,581

Purchase Details

Listed on
Jul 16, 2015
Closed on
Apr 26, 2016
Sold by
3250 Grove Grand Llc
Bought by
Cocostyle Suite 201 Llc
Seller's Agent
Rolando Alvarez
Coldwell Banker Commercial NRT
Buyer's Agent
Rolando Alvarez
Coldwell Banker Commercial NRT
Sold Price
$400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
3.68%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 15, 2006
Sold by
Grove Lofts Llc
Bought by
3250 Grove Grand Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,335
Interest Rate
6.1%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Hmg Grove Llc $450,000 Attorney
Cocostyle Suite 201 Llc $400,000 Attorney
3250 Grove Grand Llc $493,800 Union Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cocostyle Suite 201 Llc $280,000
Previous Owner 3250 Grove Grand Llc $370,335
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2016 04/26/16 Rented $400,000 +14398.0% --
03/27/2016 03/27/16 Under Contract -- -- --
07/01/2015 07/01/15 For Rent $2,759 0.0% --
09/01/2012 09/01/12 Sold $2,600 -5.8% $1 / Sq Ft
08/31/2012 08/31/12 Pending -- -- --
07/16/2012 07/16/12 For Sale $2,759 -- $2 / 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 $8,452 $433,440 -- --
2024 $7,779 $416,240 -- --
2023 $7,779 $378,400 $0 $0
2022 $7,801 $378,400 $0 $0
2021 $7,894 $371,520 $0 $0
2020 $5,861 $275,200 $0 $0
2019 $6,462 $302,720 $0 $0
2018 $6,320 $301,717 $0 $0
2017 $6,392 $301,717 $0 $0
2016 $4,900 $220,653 $0 $0
2015 $4,700 $200,594 $0 $0
2014 $4,364 $182,359 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2146164

MIAMI REALTORS® MLS

APN: 01-4121-324-0330