NOT LISTED FOR SALE

Estimated Value: $5,837,000 - $6,840,498

5 Beds
5.5 Baths
3,929 Sq Ft
$6,205/mo HOA Fee

Last Sold November 13, 2024

Last sale price $5,900,000 $1,502 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $46,958/month

295 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Bay View
  • Coconut Grove Elementary School Rated A
  • Newly Remodeled
  • 3-minute walk to Regatta Park

About This Home

As of November 2024

Welcome to Unit 702S at the Grove at Grand Bay in Coconut Grove. This stunning 3,929 SF, 4 beds+staff, 5.1 baths, and exquisite finishes. Enjoy panoramic views of Biscayne Bay & the Miami skyline featuring 12-ft-high, floor-to-ceiling glass leading to wraparound terraces that are 12 ft deep. A spacious primary bedroom w/ ocean views & an expansive walk-in closet & primary bath. W/ 3 additional bedrooms, each w/ ensuite baths & closets + an extra service bed w/ full bath & powder bath. The kitchen is a chef's dream w/ top-of-the-line Miele appliances. Residents can enjoy the best amenities, from concierge services to a restaurant, spa, fitness center, swimming pool & walking distance to some of the best school's in Miami.

Last Listed By

Saddy Delgado

One Sotheby's International Realty License #0430423 Listed on: 01/08/2024

One Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $73,313

Year Built

  • Built in 2016 | Newly Remodeled

HOA Fees

  • $6,205 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Assigned Parking

Interior Spaces

  • 3,929 Sq Ft Home
  • Vaulted Ceiling
  • Entrance Foyer
  • Den
  • Concrete Flooring

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Schools

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

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-41-22-040-0770

Community Details

Overview

  • 37 Units
  • High-Rise Condominium
  • Grove At Grand Bay Condos
  • Dinner Key Subdivision
  • 22-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Community Library
  • Lobby
  • Secure Lobby
  • Elevator

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Security Guard
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$73,313

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

HOA Fees

$6,205 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2016
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Mls Id: OSIR26
  • Co List Office Phone: 305-503-5275
  • Entry Level: 7
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: DINNER KEY
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Refrigerator, Washer
  • Interior Amenities: Lobby, First Floor Entry, Cooking Island, Elevator, Entrance Foyer, Vaulted Ceiling(s), Den/Library/Office, Utility Room/Laundry
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Concrete, Other
  • Furnished: Unfurnished
  • Living Area: 3929
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 22
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Living Room Features: Den/Library/Office, Utility Room/Laundry

Exterior Features

  • View: Bay
  • Exterior Features: Open Balcony
  • Patio And Porch Features: Open Balcony, Wrap Around
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Grove at Grand Bay
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Assigned, Valet

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Doorman, Guard At Site, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 6205
  • Amenities: Elevator(s), Exercise Room, Library, Pool, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

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

Lot Info

  • Parcel Number: 01-41-22-040-0770
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 6205
  • Number Of Units In Community: 37
  • Number Of Units Total: 37

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 73313

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2024
Closed on
Nov 8, 2024
Sold by
Ferreiro Carlos and Parra Viviana Linares
Bought by
Audrey P Stewart Revocable Trust and Stewart
Seller's Agent
Saddy Delgado
One Sotheby's International Realty
Buyer's Agent
Valaree Byrne
BHHS EWM Realty
List Price
$7,450,000
Sold Price
$5,900,000
Premium/Discount to List
-$1,550,000
-20.81%
Total Days on Market
295
Views
67
Current Estimated Value
$6,161,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,375
Avg. Annual Appreciation
3.92%

Purchase Details

Listed on
Jul 12, 2021
Closed on
Sep 13, 2021
Sold by
Grove 4 Llc
Bought by
Ferreiro Carlos and Parra Viviana Linarse
Seller's Agent
Pablo Alfaro
Compass Florida, LLC.
Buyer's Agent
Saddy Delgado
One Sotheby's International Realty
List Price
$4,200,000
Sold Price
$3,900,000
Premium/Discount to List
-$300,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.00%

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
Audrey P Stewart Revocable Trust $5,900,000 First American Title
Ferreiro Carlos $3,900,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2024 11/13/24 Sold $5,900,000 -13.2% $1,502 / Sq Ft
10/29/2024 10/29/24 Pending -- -- --
08/14/2024 08/14/24 Price Changed $6,800,000 -2.9% $1,731 / Sq Ft
04/12/2024 04/12/24 Price Changed $7,000,000 -6.0% $1,782 / Sq Ft
01/08/2024 01/08/24 For Sale $7,450,000 +91.0% $1,896 / Sq Ft
09/17/2021 09/17/21 Sold $3,900,000 -7.1% $993 / Sq Ft
08/15/2021 08/15/21 Pending -- -- --
07/12/2021 07/12/21 For Sale $4,200,000 -- $1,069 / 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 $76,368 $3,857,959 -- --
2023 $76,368 $3,507,236 $0 $0
2022 $65,729 $3,188,397 $0 $0
2021 $58,883 $2,746,680 $0 $0
2020 $53,181 $2,496,982 $0 $0
2019 $54,950 $2,574,208 $0 $0
2018 $63,433 $3,028,480 $0 $0
2017 $61,688 $2,912,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A11510156

MIAMI REALTORS® MLS

APN: 01-4122-040-0770