NOT LISTED FOR SALE

Estimated Value: $884,000 - $894,000

2 Beds
2 Baths
1,178 Sq Ft
$755/Sq Ft Est. Value

Last Sold January 08, 2025

Last sale price $891,000 $756 Per Sq Ft

Current estimated payment $5,788/month

31 Days on Market

Highlights

  • Deck
  • No HOA
  • Cooling Available
  • Coconut Grove Elementary School Rated A
  • Complete Impact Glass
  • Tile Flooring

About This Home

As of January 2025

Charming Bungalow Duplex in the heart of Coconut Grove. A unique opportunity to own an income-generating property with potential to build your future dream home in a prime location. This delightful duplex features two separate 1-bed/1-bath units with high ceilings, open kitchens, and private tropical backyards. The property includes impact windows and doors, newer appliances, in-unit washer/dryers, PVC plumbing and mini-split AC systems. Separate electric meters. Located just a short walk from the Grove village center, top-rated restaurants, schools, and bayfront parks. Both units are currently rented to long-term tenants. Enjoy steady rental income while planning your project. Please do not disturb the tenants.

Last Listed By

Alexandre Larmier

Compass Florida, LLC License #3288721 Listed on: 10/21/2024

Compass Florida, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,885

Year Built

  • Built in 1936

Lot Details

  • 5,009

Parking

  • 1 Parking Space

Home Design

  • Duplex
  • Substantially Remodeled
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,178 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Tile Flooring
  • Complete Impact Glass

Outdoor Features

  • Deck

Utilities

  • Cooling Available
  • No Heating

Community Details

  • No Home Owners Association
  • 2 Units
  • Frow Homestead Condos
  • Frow Homestead Subdivision

Listing and Financial Details

  • Rent includes gardener
  • Assessor Parcel Number 01-41-21-007-6900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,885

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1936
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Co List Office Mls Id: COMP03
  • Co List Office Phone: 305-851-2820
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: FROW HOMESTEAD
  • Year Built Details: Effective Year Built
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1178
  • Possible Use: Investment
  • Stories: 1
  • Window Features: Complete Impact Glass, Blinds

Exterior Features

  • Roof: Shingle
  • Construction Type: Frame
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: FROW HOMESTEAD
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-21-007-6900
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9885

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2024
Closed on
Jan 7, 2025
Sold by
Larmier Philippe Eric and Larmier Phillippe
Bought by
Plentium 105 Llc
Seller's Agent
Alexandre Larmier
Compass Florida, LLC
Buyer's Agent
Elisabetta Oriente
Plentium Realty
List Price
$899,000
Sold Price
$891,000
Premium/Discount to List
-$8,000
-0.89%
Total Days on Market
31
Views
12
Current Estimated Value
$889,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,546
Avg. Annual Appreciation
-0.58%

Purchase Details

Closed on
Jun 4, 2015
Sold by
3513 Marler Ave Llc
Bought by
Larmier Phillippe and Jacquot Sabrina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2013
Sold by
Guller Richard W
Bought by
3513 Marler Ave Llc

Purchase Details

Closed on
Dec 6, 2012
Sold by
Brown Paul Comer
Bought by
Guiler Richard W

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
Plentium 105 Llc $891,000 None Listed On Document
Larmier Phillippe $400,000 P & P Title Services Llc
3513 Marler Ave Llc $100,000 Union Title Services Inc
Guiler Richard W -- Southern Title & Abstract In
Guiler Richard W $22,000 Southern Title & Abstract In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Larmier Phillippe $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2025 01/08/25 Sold $891,000 -0.9% $756 / Sq Ft
11/21/2024 11/21/24 Pending -- -- --
10/21/2024 10/21/24 For Sale $899,000 -- $763 / 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 $9,885 $406,074 -- --
2023 $9,885 $370,950 $0 $0
2022 $8,449 $337,228 $0 $0
2021 $7,332 $306,571 $0 $0
2020 $6,696 $278,701 $175,000 $103,701
2019 $6,738 $280,047 $175,000 $105,047
2018 $6,231 $266,394 $160,000 $106,394
2017 $5,743 $235,241 $0 $0
2016 $5,839 $232,725 $0 $0
2015 $3,411 $107,918 $0 $0
2014 $2,985 $98,108 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A11678822

MIAMI REALTORS® MLS

APN: 01-4121-007-6900