13 days on rocket

2889 Mcfarlane Rd Unit 1803/05, Miami, FL, 33133

$1,150,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths
1,183 SqFt
$972/SqFt
Condo
Schools Nearby

Location

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2889 Mcfarlane Rd Unit 1803/05, Miami$1,150,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingTwo or More Spaces
Garage2 spaces
Year Built2001
HeatingCentral, Electric
CoolingCentral Air, Other
WaterfrontBay Front
ViewBay, Water
MLS #A11591000
StatusActive

About 2889 Mcfarlane Rd Unit 1803/05

Big things are coming to the Grove so Call this place home! Amazing Bay views and recently renovated urban 2 key unit in a full service condo hotel. It is currently setup as a 1 bed/2 bath with a studio for extra income. Need more space? Simply make the studio the 2nd bedroom. Want more income? Convert the 1bedroom into 2 studios, now you have a triplex in a hotel! So many ways you can convert this property to your liking, making it one of the most versatile property in Coconut grove. Full service building with security, pool, hot tub, fitness center, restaurant and 2 squash ball courts. walk to all Coconut Groves incredible Sailing venues, restaurants, shops, parks, waterfront. Property has solid financials in the current rental state, just ask for it. No rental restrictions.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise, Other
  • Year Built: 2001
  • Living Area: 1,183 SqFt

Listing Office:

  • Office Name: Florida Realty of Miami Corp
  • Office Phone: (305) 598-5488
  • Listing Agent: Jo Chan

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Flooring Type: Other, Vinyl
  • Interior: Bedroom on Main Level, First Floor Entry, Handicap Access, Other, Elevator

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Bay Front
  • View: Bay, Water
  • Exterior: Balcony, Courtyard, Other

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Two or More Spaces

Virtual/3D Tour

  • Virtual Tour: 2889 Mcfarlane Rd Unit 1803/05

Virtual Tour

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Other

School Info

Assigned Schools Information:

  • Coral Gables Senior High School, Public Magnet Grades 9-12
  • Ponce De Leon Middle School, Public Magnet Grades 6-8
  • Coconut Grove Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Go down 27 ave and make a right on bayshore drive, road turns into mcfarlane rd, building will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,150,000
  • Price Per SqFt: $972/SqFt

HOA Fees:

  • Amount: $8172
  • Frequency: Quarterly
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Housing Market Comparison

See how this home compares to others in Miami, FL.

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Miami, FL

City

Med. Sold Price

$549.9K

Med. Price/SqFt

$384

Avg. Days On Market

61

# of Sold Homes

921

2889 Mcfarlane Rd Unit 1803/05 vs Miami

13 DAYS ON ROCKET

-48 Days

$1,150,000

+$600K More

$972/SqFt

+$588 More

KEY TAKEAWAY

This property is $600K more than the Median Sold Price and $588/SqFt more than other homes in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11591000

Listing Office:

  • Office Name: Florida Realty of Miami Corp
  • Office Phone: (305) 598-5488
  • Listing Agent: Jo Chan

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/3/2024, 6:20:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$8,531

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,514

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-7908620
10
/10

  • Coconut Grove Elementary School

  • 3351 Matilda St

  • 0.20 miles

  • Public District Grades PK-5

Middle School

school-card-donut-7908621
5
/10

  • Ponce De Leon Middle School

  • 5801 Augusto St

  • 2.13 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-7908622
5
/10

  • Coral Gables Senior High School

  • 450 Bird Rd

  • 1.48 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $95,610. The majority of Miami, FL residents have income between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2889 Mcfarlane Rd Unit 1803/05

What is the listing price of this property?

The listing price of 2889 Mcfarlane Rd Unit 1803/05 property is $1,150,000.

What type of property is this?

The property 2889 Mcfarlane Rd Unit 1803/05 is a condo located in Miami, Florida, 33133.

Is this property for sale now?

Active Listing: 2889 Mcfarlane Rd Unit 1803/05 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2889 Mcfarlane Rd Unit 1803/05 are:
Coconut Grove Elementary School: GreatSchools Rating 10/10
Ponce De Leon Middle School: GreatSchools Rating 5/10
Coral Gables Senior High School: GreatSchools Rating 5/10

How many bedrooms and bathrooms does this property have?

The property at 2889 Mcfarlane Rd Unit 1803/05 has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 2889 Mcfarlane Rd Unit 1803/05 is 1,183 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2889 Mcfarlane Rd Unit 1803/05 is 2001.

Rocket Homes›Florida›Miami-Dade County›Miami›33133›2889 Mcfarlane Rd Unit 1803/05

This home is located at 2889 Mcfarlane Rd Unit 1803/05 in Miami, FL and zip code 33133 in the Coconut Grove neighborhood. This 1,183 square foot home was built in 2001. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 21, 2024 and is currently priced at $1,150,000.

Over 114 listings were sold over their listed price in May 2024 in Miami, FL. In the same period over 659 listings were sold below the listed price and 148 listings were sold for the listed price. The number of homes for sale in Miami, FL increased by 6.7% between April 2024 and May 2024. While the average time on the market in May 2024 was 61 days, the median list price was $549,980.

From Rocket Homes Real Estate and based on county public records data.

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