NOT LISTED FOR SALE

Estimated Value: $1,405,891 - $1,515,000

0.14 Acre
$10,556,950 Price per Acre
6,270 Sq Ft Lot

Last Sold September 26, 2024

Last sale price $1,500,000 $1,202 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $9,433/month

95 Days on Market

Highlights

  • No HOA
  • Landscaped with Trees
  • Fenced
  • Coconut Grove Elementary School Rated A

About This Lot

As of September 2024

Opportunity knocks in the artistic enclave of North Coconut Grove! This charming corner property offers a bright and functional floor plan, and a secure fenced yard with an open patio, perfect for outdoor gatherings.
Surround yourself with Michelin-star dining, art boutiques, The Underline, Cocowalk, top rated schools, sailing and yachts clubs and the newly unveiled Grove Central. This neighborhood, with its lush green canopy and zero flood risk, is a haven for the savvy buyer. With new construction in the area fetching $5,000,000-$10,000,000 + you have the chance to expand or create a masterpiece that blends luxury with the Grove’s eclectic flair. Discover the perfect place to call home in this welcoming and diverse community.

Last Listed By

Kathy Hidy

Keller Williams Capital Realty License #3292080 Listed on: 06/22/2024

Keller Williams Capital Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $16,191

Year Built

  • 1953

Lot Details

  • 6,270 Sq Ft Lot
  • West Facing Home
  • Fenced
  • Landscaped with Trees
  • Property is zoned 0100

Additional Features

  • City Lot
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Ocean View Heights Condos
  • Ocean View Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-15-038-0150

Property Details

Property Type

Land

Est. Annual Taxes

$16,191

Year Built

1953

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Co List Office Mls Id: MWXR01
  • Co List Office Phone: 305-303-1844
  • Directions: Prime Location: Conveniently situated near Kennedy Park, Ransom School, Coral Reef Yacht Club, Fresh Market, Monty's, Starbucks, Grove Harbor, and the Famous North Grove Kapok tree ( not on subject property)
  • Horses: No
  • Inclusions: None
  • Lot Size Acres: 0.14
  • New Construction: No
  • Structure Type: Residential
  • Subdivision Name: OCEAN VIEW HEIGHTS
  • Special Features: VirtualTour
  • Year Built: 1953

Interior Features

  • Possible Use: Investment

Exterior Features

  • View: None
  • Direction Faces: West
  • Fencing: Fenced
  • Lot Features: City Location, Less Than 1/4 Acre Lot, Fenced
  • Other Structures: Other Bldg Incl
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: OCEAN VIEW HEIGHTS

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Sewer Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-41-15-038-0150
  • Additional Parcels: No
  • Current Use: Residential, Other Usage
  • Development Status: Other
  • Lot Size Sq Ft: 6270
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 16191

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2024
Closed on
Sep 25, 2024
Sold by
Richard Sherman Revocable Trust and Sherman Richard
Bought by
Grove Dao Group 1 Llc
Seller's Agent
Kathy Hidy
Keller Williams Capital Realty
Buyer's Agent
Johnny Dao
MWX REALTY
List Price
$1,679,000
Sold Price
$1,500,000
Premium/Discount to List
-$179,000
-10.66%
Total Days on Market
95
Views
22
Current Estimated Value
$1,477,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,027
Avg. Annual Appreciation
-2.70%

Purchase Details

Listed on
May 1, 2014
Closed on
May 28, 2014
Sold by
Danish Michael Vincent and Danish Duffy Markham
Bought by
Sherman Richard
Seller's Agent
Kathleen Morris
Compass Florida, LLC
Buyer's Agent
Kathleen Morris
Compass Florida, LLC
List Price
$539,000
Sold Price
$520,000
Premium/Discount to List
-$19,000
-3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.78%

Purchase Details

Closed on
Oct 3, 2008
Sold by
Stratos Kimarie R
Bought by
Danish Michael Vincent and Danish Duffy Marham

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,925
Interest Rate
6.36%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 18, 1996
Sold by
Mccullough William G and Mccullough Ana E
Bought by
Stratos Kimarie R

Purchase Details

Closed on
Nov 10, 1994
Sold by
Oneil Gordon Palmer and Marko Oneil Malease E
Bought by
Mccullough William G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,750
Interest Rate
8.78%

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
Grove Dao Group 1 Llc $1,500,000 None Listed On Document
Sherman Richard $520,000 Attorney
Danish Michael Vincent $413,300 Attorney
Stratos Kimarie R $185,000 --
Mccullough William G $177,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grove Dao Group 1 Llc $900,000
Previous Owner Danish Michael Vincent $371,925
Previous Owner Stratos Kimarie R $160,000
Previous Owner Mccullough William G $159,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2024 09/26/24 Sold $1,500,000 0.0% $1,202 / Sq Ft
09/26/2024 09/26/24 Sold $1,500,000 -6.2% $1,241 / Sq Ft
09/26/2024 09/26/24 Pending -- -- --
07/07/2024 07/07/24 Price Changed $1,599,000 0.0% $1,281 / Sq Ft
07/07/2024 07/07/24 Price Changed $1,599,000 -4.8% $1,323 / Sq Ft
06/22/2024 06/22/24 For Sale $1,679,000 0.0% $1,345 / Sq Ft
06/20/2024 06/20/24 For Sale $1,679,000 +222.9% $1,389 / Sq Ft
05/23/2014 05/23/14 Sold $520,000 -3.5% $417 / Sq Ft
05/12/2014 05/12/14 For Sale $539,000 0.0% $432 / Sq Ft
05/11/2014 05/11/14 Pending -- -- --
05/04/2014 05/04/14 Pending -- -- --
05/01/2014 05/01/14 For Sale $539,000 -- $432 / 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 $16,191 $713,985 -- --
2023 $16,191 $649,078 $0 $0
2022 $12,641 $590,071 $0 $0
2021 $11,777 $536,429 $438,900 $97,529
2020 $11,703 $537,182 $438,900 $98,282
2019 $12,619 $573,362 $474,326 $99,036
2018 $12,388 $588,848 $489,060 $99,788
2017 $11,381 $514,508 $0 $0
2016 $10,755 $467,735 $0 $0
2015 $9,835 $425,214 $0 $0
2014 $5,888 $284,081 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A11608451

MIAMI REALTORS® MLS

APN: 01-4115-038-0150