$2,260,000
SOLD JAN 17, 2025
5 Beds
4.5 Baths
4,251 Sq Ft
3,572 Sq Ft Lot

Recently Sold

$532 Per Sq Ft

34% Below List Price

254 Days on Market

Highlights

  • New Construction
  • Deck
  • Formal Dining Room
  • Coconut Grove Elementary School Rated A
  • Garden View
  • Balcony

About This Home

As of January 2025

New construction(2022) modern townhome in the heart of Coconut Grove. This tri-level
residence (5BR/4.5BA) offers light-filled, open living spaces w/ high-end finishes throughout. Stunning European-style kitchen has Thermador appliances, quartz countertops & cooking island w/eat in kitchen. All bedrooms offer ample closet space & balconies. Ultra-private 3rd level primary suite offers tree-top views , an oversized custom built walk-in closet and spa-like bath w/soaking tub & enclosed glass rain shower. Enjoy outdoor living & entertaining in the private garden w/ expansive wooden deck and outdoor kitchen. Walk or bike into the Grove for the best restaurants and shopping Miami has to offer. Note: Photos are representative but not specific to this unit.

Last Agent to Sell the Property

Randi Connell

Compass Florida, LLC Brokerage Phone: 305-726-9726 License #3487901

Compass Florida, LLC

Co-Listed By

Riley Smith

Compass Florida, LLC Brokerage Phone: 305-726-9726 License #3028618

Last Buyer's Agent

Randi Connell

Compass Florida, LLC Brokerage Phone: 305-726-9726 License #3487901

Compass Florida, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $12,504

Year Built

  • Built in 2022 | New Construction

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Twin Home
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,251 Sq Ft Home
  • Property has 3 Levels
  • Built-In Features
  • Formal Dining Room
  • Tile Flooring
  • Garden Views

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Deck
  • Outdoor Grill

Location

  • East of U.S. Route 1

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 01-41-16-029-0402

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units
  • Palm Terrace Condos
  • Palm Terrace Subdivision

Pet Policy

  • Pets Allowed

Security

  • High Impact Windows
  • High Impact Door

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$12,504

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2022
  • Property Sub Type: Townhouse
  • Architectural Style: Twin Home
  • Co List Office Mls Id: COMP03
  • Co List Office Phone: 305-851-2820
  • Entry Level: 1
  • Garage Yn: Yes
  • Horses: No
  • Unit Levels: 3
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Townhouse
  • Subdivision Name: PALM TERRACE
  • Year Built Details: New Construction
  • ResoPropertyType: Residential
  • Attribution Contact: 305-726-9726
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Walk-In Closet(s)
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 4251
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Stories: 3
  • Window Features: Complete Impact Glass, High Impact Windows, Impact Glass
  • Bedroom Features: Primary Bath Shower
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen, Formal Dining, Snack Bar/Counter
  • Master Bathroom Features: Dual Sinks

Exterior Features

  • View: Garden View
  • Exterior Features: East Of Us1, Barbeque, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Deck, Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: PALM TERRACE
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 2 Or More Spaces

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: No Security

Condo/Co-op/Association

  • Amenities: None
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

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

Lot Info

  • Parcel Number: 01-41-16-029-0402
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 12504

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Map

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

Property History

Date Event Price Change Sq Ft Price
01/17/2025 01/17/25 Sold $2,260,000 -30.4% $532 / Sq Ft
10/22/2024 10/22/24 Price Changed $3,245,000 -5.8% $763 / Sq Ft
05/07/2024 05/07/24 For Sale $3,445,000 -- $810 / 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 $54,688 $2,960,949 $890,625 $2,070,324
2023 $54,688 $2,608,383 $0 $0
2022 $10,821 $1,869,030 $0 $0
2021 $9,083 $427,500 $427,500 $0
2020 $9,105 $427,500 $427,500 $0
2019 $9,126 $427,500 $427,500 $0
2018 $8,954 $427,500 $427,500 $0
2017 $10,293 $450,000 $0 $0
2016 $6,733 $237,043 $0 $0
2015 $5,719 $233,578 $0 $0
2014 $5,719 $212,344 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,808,000 New Conventional
Closed $1,808,000 New Conventional
Closed $806,000 New Conventional
Previous Owner $25,000,000 Future Advance Clause Open End Mortgage
Previous Owner $205,000 New Conventional
Previous Owner $205,000 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $2,260,000 None Listed On Document
Warranty Deed $2,260,000 None Listed On Document
Warranty Deed $2,300,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Contract Of Sale -- --
Warranty Deed $20,461,000 Attorney
Warranty Deed $575,000 Carolina Morales
Quit Claim Deed -- Attorney
Personal Reps Deed -- --
Quit Claim Deed $100 --
Warranty Deed $285,000 --
Warranty Deed $60,000 --
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11576719

MIAMI REALTORS® MLS

APN: 01-4116-029-0400