NOT LISTED FOR SALE

3471 Main Hwy Unit 727 Miami, FL 33133

Northeast Coconut Grove Neighborhood

Estimated Value: $4,380,000 - $8,625,314

4 Beds
4.5 Baths
5,739 Sq Ft
$1,252/Sq Ft Est. Value

Last Sold May 02, 2022

Last sale price $7,000,000 $1,220 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $52,015/month

7 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Sitting Area In Primary Bedroom
  • Marble Flooring
  • Coconut Grove Elementary School Rated A
  • Clubhouse
  • 1-minute walk to The Barnacle Historic State Park

About This Home

As of May 2022

Once in a lifetime opportunity to own the Premium location at The Cloisters. Right on the point with 100sf of seawall. Amazing panoramic ocean & city views. This stunning, spacious, 4-story 4/4.5 townhouse/villa with elevator features 5,739sf. The 2nd floor host 3 bedrooms with en-suite baths, including a massive Main BR with spectacular views. The 3rd floor has a kitchen, huge family room with wet bar, formal dining area, 2 story office and office/guest BR. This unit has an exquisite outdoor rooftop area that includes gas fireplace, summer kitchen to be able to entertain & relax. Installing full house generator and new deck. Amenities include clay tennis court, pool & clubhouse & 24 hour security. Walk out and your in the heart of Coconut Grove!

Last Agent to Sell the Property

Ilana Levitt

Compass Florida, LLC License #0473237 Listed on: 02/28/2022

Compass Florida, LLC

Last Buyer's Agent

Ilana Levitt

Compass Florida, LLC License #0473237 Listed on: 02/28/2022

Compass Florida, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $29,714

Year Built

  • Built in 2003

HOA Fees

  • $3,139 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Automatic Garage Door Opener

Property Views

  • Bay
  • Skyline

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,739 Sq Ft Home
  • 4-Story Property
  • Wet Bar
  • Built-In Features
  • Blinds
  • French Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den

Kitchen

  • Eat-In Kitchen
  • Built-In Self-Cleaning Oven
  • Gas Range
  • <<microwave>>
  • Ice Maker
  • Dishwasher
  • Cooking Island

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom
  • Bathtub

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Patio

Schools

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

Additional Features

  • Accessible Elevator Installed
  • Property Fronts a Bay or Harbor
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-41-21-227-0100

Community Details

Overview

  • Cloisters On The Bay Cond Condos
  • Cloisters On The Bay Cond Subdivision
  • The community has rules related to no trucks or trailers

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Security Guard
  • Walled
  • High Impact Windows
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$29,714

Year Built

Built in 2003

Lot Details

0

HOA Fees

$3,139 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 2003
  • Property Sub Type: Condominium
  • Directions: Enter gate right off Main Hwy and go straight back to the end passed circle to the left.
  • Entry Level: 1
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Townhouse, Condo
  • Subdivision Name: CLOISTERS ON THE BAY COND
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Gas Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Bar, Built-in Features, Cooking Island, Elevator, Entrance Foyer, French Doors, Pantry, Walk-In Closet(s), Wet Bar, Den/Library/Office, Family Room, Other, Utility Room/Laundry
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Entry Location: Foyer
  • Flooring: Carpet, Marble
  • Furnished: Unfurnished
  • Living Area: 5739
  • Other Equipment: Automatic Garage Door Opener, Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 4
  • Window Features: Hurricane Shutters, Blinds, High Impact Windows
  • Bedroom Features: Entry Level, Sitting Area - Master Bedroom, Master Bedroom Upstairs, Master Bath Tub
  • Dining Room Features: Eat-In Kitchen, Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Other, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: CLOISTERS ON THE BAY COND
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Parking Features: 2 Or More Spaces, Covered, Other, No Trucks/Trailers

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Smoke Detector, Guard At Site, Walled

Condo/Co-op/Association

  • Association Fee: 3139
  • Amenities: Clubhouse-Clubroom, Pool, Shuffleboard, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

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

Lot Info

  • Parcel Number: 01-41-21-227-0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 3139

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 29714

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2022
Closed on
May 2, 2022
Sold by
Katz Daniel B and Katz Elaine L
Bought by
Cloisters On The Bay 727 Trust
Seller's Agent
Ilana Levitt
Compass Florida, LLC
Buyer's Agent
Ilana Levitt
Compass Florida, LLC
List Price
$7,450,000
Sold Price
$7,000,000
Premium/Discount to List
-$450,000
-6.04%
Current Estimated Value
$7,184,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,579
Avg. Annual Appreciation
-3.05%
Original Mortgage
$7,000,000
Outstanding Balance
$6,665,602
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
-$321,243

Purchase Details

Closed on
Mar 12, 2003
Sold by
Cloisters On The Bay Ltd
Bought by
Katz Daniel B and Katz Elaine T
Source: Public Records

Range of Values:

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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
Cloisters On The Bay 727 Trust $7,000,000 Palmer Palmer & Mangiero
Katz Daniel B $2,350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cloisters On The Bay 727 Trust $7,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2022 05/02/22 Sold $7,000,000 -6.0% $1,220 / Sq Ft
03/08/2022 03/08/22 Pending -- -- --
02/28/2022 02/28/22 For Sale $7,450,000 -- $1,298 / 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
2024 $110,353 $5,082,310 -- --
2023 $110,353 $5,349,800 $0 $0
2022 $29,716 $1,465,058 $0 $0
2021 $29,714 $1,422,387 $0 $0
2020 $29,369 $1,402,749 $0 $0
2019 $28,762 $1,371,212 $0 $0
2018 $27,686 $1,345,645 $0 $0
2017 $27,416 $1,317,968 $0 $0
2016 $27,646 $1,290,860 $0 $0
2015 $27,961 $1,281,887 $0 $0
2014 $28,286 $1,271,714 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ilana Levitt

    Seller's Agent in 2022

    Ilana Levitt

    Compass Florida, LLC

    (305) 992-7914

    6 in this area

    43 Total Sales

    Ilana Levitt
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11158273

MIAMI REALTORS® MLS

APN: 01-4121-227-0100

Florida Miami/Dade County Miami 33133 Northeast Coconut Grove

3471 Main Hwy Unit 727, Miami, FL

This home is located at 3471 Main Hwy Unit 727, Miami, FL 33133 since 28 February 2022 and is currently estimated at $7,184,579, approximately $1,251 per square foot. This property was built in 2003. 3471 Main Hwy Unit 727 is a home located in Miami-Dade County with nearby schools including Coconut Grove Elementary School, Ponce de Leon Middle School, and Coral Gables Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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