5 months on rocket

2889 Mcfarlane Rd Unit 1701/1703, Miami, FL, 33133

$1,490,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths, 1 Partial
1,515 SqFt
$984/SqFt
Condo
Schools Nearby

Location

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2889 Mcfarlane Rd Unit 1701/1703, Miami$1,490,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAttached, Garage, Two or More Spaces
Attached Garage2 spaces
Year Built2001
HeatingHeat Pump
CoolingCentral Air
WaterfrontBay Front
ViewBay
MLS #A11500377
StatusActive

About 2889 Mcfarlane Rd Unit 1701/1703

BACK ON THE MARKET DUE TO BUYER NOT QUALIFYING FOR FINANCE NOW IMPROVED PRICE Coconut Grove is Miami's Jewel. Laced with Michelin Restaurants,5 star Hotels,Fragrant gardens and the finest sailing venues just to name a few reasons that "The Grove" is the place to be. This 3 bedroom 3 1/2 Bath stunning residence will impress the most savvy buyer. The layout provides unlimited possibilities for either revenue (no rental restrictions) Or a large family or just spread out. The views are some of the most captivating in all of Miami.AMAZING Blue waters and boating right in front of you. This unit is currently in a vacation rental program and the third bedroom is a lock out so it can be seperated or used together.The doors and windows upgraded to high impact. renovated.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 2001
  • Living Area: 1,515 SqFt

Listing Office:

  • Office Name: Miami Property Shop
  • Office Phone: (305) 968-7554
  • Listing Agent: Maxine Siegler

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Flooring Type: Wood
  • Interior: Bedroom on Main Level, Entrance Foyer, Garden Tub/Roman Tub

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Bay Front
  • View: Bay
  • Exterior: Balcony, Security/High Impact Doors

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Garage, Two or More Spaces

Virtual/3D Tour

  • Virtual Tour: 2889 Mcfarlane Rd Unit 1701/1703

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Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

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: South Bayshore Drive to Mcfarlane Road

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,490,000
  • Price Per SqFt: $984/SqFt

HOA Fees:

  • Amount: $150
  • Frequency: Annually
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Housing Market Comparison

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

Med. Sold Price

$546.1K

Med. Price/SqFt

$382

Avg. Days On Market

56

# of Sold Homes

885

2889 Mcfarlane Rd Unit 1701/1703 vs Miami

155 DAYS ON ROCKET

+99 Days

$1,490,000

+$943.8K More

$984/SqFt

+$601 More

KEY TAKEAWAY

This property is $943.8K more than the Median Sold Price and $601/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: #A11500377

Listing Office:

  • Office Name: Miami Property Shop
  • Office Phone: (305) 968-7554
  • Listing Agent: Maxine Siegler

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: 5/17/2024, 9:20:33 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.

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$7,516

Per Month

Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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-2613041
10
/10
  • Coconut Grove Elementary School

  • 3351 Matilda St

  • 0.20 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2613042
5
/10
  • Ponce De Leon Middle School

  • 5801 Augusto St

  • 2.13 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-2613043
5
/10
  • Coral Gables Senior High School

  • 450 Bird Rd

  • 1.48 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $95,610. The most common annual income of people living in Miami, FL is between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2889 Mcfarlane Rd Unit 1701/1703

What is the listing price of this property?

The listing price of 2889 Mcfarlane Rd Unit 1701/1703 property is $1,490,000.

What type of property is this?

The property 2889 Mcfarlane Rd Unit 1701/1703 is a condo located in Miami, Florida, 33133.

Is this property for sale now?

Active Listing: 2889 Mcfarlane Rd Unit 1701/1703 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 1701/1703 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 1701/1703 has 3 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 2889 Mcfarlane Rd Unit 1701/1703 is 1,515 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2889 Mcfarlane Rd Unit 1701/1703 is 2001.

Rocket HomesFloridaMiami-Dade CountyMiami331332889 Mcfarlane Rd Unit 1701/1703

This home is located at 2889 Mcfarlane Rd Unit 1701/1703 in Miami, FL and zip code 33133 in the Coconut Grove neighborhood. This 1,515 square foot home was built in 2001. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 13, 2023 and is currently priced at $1,490,000.

In April 2024, from all listings sold in Miami, FL there were more than 120 sold above asking price, over 608 sold below and more than 157 were sold right at the asked price. In April 2024 in Miami, FL there were 7.2% more homes for sale than in March 2024. In April 2024, listings were on the market for 56 days. During the same period, the median list price in this real estate market was $546,178.

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

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