NOT LISTED FOR SALE

Estimated Value: $1,351,000 - $1,437,949

3 Beds
2 Baths
1,774 Sq Ft
$2,395/mo HOA Fee

Last Sold January 06, 2025

Last sale price $1,350,000 $761 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $11,328/month

67 Days on Market

Highlights

  • Direct Ocean View
  • Boat Dock
  • Sitting Area In Primary Bedroom
  • Coconut Grove Elementary School Rated A
  • Property Fronts a Bay or Harbor
  • 3-minute walk to Steele Mini Park

About This Home

As of January 2025

Welcome to Port ByWaters, an exclusive 10-unit waterfront oasis nestled in the heart of Coconut Grove's vibrant community. This luxurious 3-bedroom, 2-bath condo offers unmatched privacy and effortless access to your 47-floot boat slip and direct open water access. Enjoy extraordinary bay views from your expansive wraparound balcony, floor-to-ceiling windows, and a calming color palette, while spacious walk-in closets, private elevator access, and secure coded entry ensure ease and peace of mind. Just steps from CocoWalk and the Yacht Club. Port ByWaters combines refined elegance with Coconut Grove's lush, tropical charm. Coconut Grove offers a unique blend of upscale dining, boutique shopping, and renowned art festivals - a perfect balance of natural beauty and sophistication.

Last Listed By

Jennifer Gross

BHHS EWM Realty License #3086682 Listed on: 10/31/2024

BHHS EWM Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,822

Year Built

  • Built in 1980

Lot Details

  • Property Fronts a Bay or Harbor
  • East Facing Home
  • Fenced

HOA Fees

  • $2,395 Monthly HOA Fees

Property Views

  • Direct Ocean
  • Bay
  • Pool

Interior Spaces

  • 1,774 Sq Ft Home
  • Plantation Shutters
  • Sliding Windows
  • Combination Dining and Living Room
  • Utility Room in Garage

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Clay
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Closet Cabinetry
  • 2 Full Bathrooms
  • Bidet
  • Soaking Tub in Primary Bathroom

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Home Security

Parking

  • 2 Attached Carport Spaces
  • 2 Car Parking Spaces
  • Assigned Parking

Outdoor Features

  • No Fixed Bridges
  • Seawall
  • Deeded Boat Dock
  • Balcony

Schools

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

Additional Features

  • Accessible Elevator Installed
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-41-14-018-0010

Community Details

Overview

  • 10 Units
  • Mid-Rise Condominium
  • Port Bywater Condo
  • Port Bywater Condo Subdivision
  • 6-Story Property

Amenities

  • Trash Chute
  • Community Center
  • Party Room
  • Elevator

Recreation

  • Boat Dock
  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Phone Entry
  • Secure Elevator
  • Complex Is Fenced
  • Complete Accordion Shutters
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,822

Year Built

Built in 1980

Lot Details

0

HOA Fees

$2,395 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1980
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Carport Y N: Yes
  • Directions: South Bayshore Drive, East on W Fairview Street. Building is located at the end of W Fairview Street. Turn left to access entry gate.
  • Entry Level: 2
  • Road Frontage Type: Bay
  • Garage Yn: No
  • Horses: No
  • Inclusions: Deeded Dock
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: PORT BYWATER CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Elevator, Fire Sprinklers, Stacked Bedroom, Utility/Laundry In Garage
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Clay, Tile
  • Furnished: Unfurnished
  • Living Area: 1774
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 6
  • Window Features: Complete Accordian Shutters, Plantation Shutters, Sliding
  • Bedroom Features: Entry Level, Sitting Area - Primary Bedroom
  • Dining Room Features: Breakfast Area, Dining/Living Room
  • Living Room Features: Utility/Laundry In Garage
  • Master Bathroom Features: Bidet, Tub Only

Exterior Features

  • View: Bay, Direct Ocean, Pool Area View
  • Exterior Features: East Of Us1, Open Balcony
  • Direction Faces: East
  • Fencing: Fenced
  • Patio And Porch Features: Open Balcony, Wrap Around
  • Pool Private: No
  • View: Yes
  • Waterfront Features: No Fixed Bridges, Seawall
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: PORT BYWATER CONDO
  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Parking Features: Attached Carport, 2 Or More Spaces, Assigned, Covered, Limited # Of Vehicle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: In Garage
  • Security: Fire Sprinklers, Complex Fenced, Elevator Secure, Phone Entry

Condo/Co-op/Association

  • Association Fee: 2395
  • Amenities: Boat Dock, Community Room, Elevator(s), Exterior Lighting, Pool, Trash Chute
  • 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: 01-41-14-018-0010
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Multi Family

  • Number Of Units In Community: 10

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 14822

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2024
Sold by
Register Debra and Rust Robert W
Bought by
Robert W Rust Living Trust and Rust
Total Days on Market
67
Current Estimated Value
$1,379,237

Purchase Details

Closed on
Mar 24, 2024
Sold by
Rust Robert W
Bought by
Robert W Rust Living Trust and Rust

Purchase Details

Closed on
Sep 11, 2023
Sold by
Rust Robert W and Rust Theresa N
Bought by
Rust Robert W

Purchase Details

Closed on
Dec 27, 2002
Sold by
Rust Helen M
Bought by
Rust Robert W and Rust Theresa N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 13, 1995
Sold by
Rust Robert W and Rust Theresa N
Bought by
Rust Tr Helen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
7.41%

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
Robert W Rust Living Trust -- None Listed On Document
Robert W Rust Living Trust -- None Listed On Document
Rust Robert W -- None Listed On Document
Rust Robert W $320,000 --
Rust Tr Helen M $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rust Robert W $262,173
Previous Owner Rust Robert W $288,000
Previous Owner Rust Tr Helen M $290,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2025 01/06/25 Sold $1,350,000 -9.9% $761 / Sq Ft
10/31/2024 10/31/24 For Sale $1,499,000 -- $845 / 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 $14,822 $713,416 -- --
2023 $14,822 $648,560 $0 $0
2022 $12,302 $589,600 $0 $0
2021 $14,235 $670,000 $0 $0
2020 $14,270 $670,000 $0 $0
2019 $14,302 $670,000 $0 $0
2018 $15,491 $739,593 $0 $0
2017 $15,136 $672,357 $0 $0
2016 $14,180 $638,275 $0 $0
2015 $13,441 $585,869 $0 $0
2014 $12,272 $532,609 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A11685578

MIAMI REALTORS® MLS

APN: 01-4114-018-0010