$697,500
SOLD FEB 28, 2025
3 Beds
3 Baths
1,732 Sq Ft
5,200 Sq Ft Lot

Recently Sold

$403 Per Sq Ft

2% Below List Price

35 Days on Market

Highlights

  • Garden View
  • Sun or Florida Room
  • No HOA
  • Coral Gables Senior High School Rated A-
  • Furnished
  • Porch

About This Home

As of February 2025

This centrally located property offers endless potential in one of Miami’s most desirable neighborhoods. Within walking distance to the newly constructed Grove Central, this duplex-zoned property is perfect for investors or homeowners seeking income-generating opportunities. The main house has a brand new roof completed in 2024 and features 2 bedrooms and 2 bathrooms, providing a spacious layout ready for your personal touch. Additionally, there’s a 1-bedroom, 1-bathroom unit currently rented to a reliable tenant on a month-to-month lease at $900/month. With its unbeatable location and remodel-ready potential, this property is a fantastic opportunity to create your dream home or investment in the heart of Miami a stones throw away from Coconut Grove, Coral Gables and Brickell.

Last Agent to Sell the Property

Jill Penman

One Sotheby's International Realty License #3055685

One Sotheby's International Realty

Co-Listed By

Grace Blanco

One Sotheby's International Realty License #0674777

Last Buyer's Agent

Juliana Correa

Majestic Properties LLC License #3406535

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,284

Year Built

  • Built in 1953

Lot Details

  • 5,200 Sq Ft Lot
  • South Facing Home
  • Fenced
  • Property is zoned 5700

Home Design

  • Studio
  • Shingle Roof

Interior Spaces

  • 1,732 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Sun or Florida Room
  • Tile Flooring
  • Garden Views
  • Eat-In Kitchen
  • Dryer

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Studio bedroom
  • 3 Full Bathrooms
  • Shower Only

Parking

  • Driveway
  • On-Street Parking
  • Open Parking

Outdoor Features

  • Patio
  • Porch

Schools

  • Silver Bluff Elementary School
  • Ponce De Leon Middle School
  • Coral Gables High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • South Bay Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-16-023-0340

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,284

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1953
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story
  • Co List Office Mls Id: OSIR26
  • Co List Office Phone: 305-503-5275
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: SOUTH BAY ESTATES
  • Year Built Details: Effective Year Built
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Electric Water Heater, Refrigerator
  • Interior Amenities: First Floor Entry, Florida Room, Studio Apartment
  • Spa Yn: No
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Tile
  • Furnished: Unfurnished, Furnished
  • Living Area: 1732
  • Possible Use: Primary
  • Bedroom Features: Entry Level, Studio
  • Dining Room Features: Eat-In Kitchen, Other
  • Living Room Features: Florida Room, Studio Apartment
  • Master Bathroom Features: Shower Only

Exterior Features

  • Roof: Shingle
  • View: Garden
  • Exterior Features: Fruit Trees
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Porch, Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: SOUTH BAY ESTATES
  • Open Parking: Yes
  • Parking Features: Driveway, Slab/Strip, On Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central, Window/Wall
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up

Condo/Co-op/Association

  • Association: No
  • Community Features: Public Road, Street Lights

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Silver Bluff
  • High School: Coral Gables
  • Middle Or Junior School: Ponce De Leon

Lot Info

  • Parcel Number: 01-41-16-023-0340
  • Lot Size Sq Ft: 5200
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Dogs OK

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1284

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $697,500 -2.4% $403 / Sq Ft
01/24/2025 01/24/25 For Sale $715,000 +174.9% $413 / Sq Ft
02/04/2015 02/04/15 Sold $260,100 +10.7% $173 / Sq Ft
12/23/2014 12/23/14 Pending -- -- --
12/12/2014 12/12/14 For Sale $234,900 0.0% $156 / Sq Ft
12/10/2014 12/10/14 Pending -- -- --
12/02/2014 12/02/14 For Sale $234,900 -- $156 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $1,225 $150,397 -- --
2023 $1,225 $140,883 $0 $0
2022 $1,183 $136,780 $0 $0
2021 $1,201 $132,797 $0 $0
2020 $1,196 $130,964 $0 $0
2019 $1,177 $128,020 $0 $0
2018 $1,116 $125,633 $0 $0
2017 $1,125 $123,049 $0 $0
2016 $1,140 $120,519 $0 $0
2015 $1,163 $119,682 $0 $0
2014 $1,191 $118,733 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $662,000 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $697,500 All Star Title
Interfamily Deed Transfer -- Attorney
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11729000

MIAMI REALTORS® MLS

APN: 01-4116-023-0340