Rare opportunity to build a new construction home on a quiet street in lush South Coconut Grove. Walking distance to the Grove village centers galleries, boutiques, cafes and bay front parks & marinas. (Lot dimensions 100 x 140 - 14,000 SF). Situated high on a coastal coral rock ridge, one of the highest sea-level elevations in South Florida. Existing frame & stucco bungalow (circa 1938) with tropical pool & garden. Just minutes to downtown, MIA, Coral Gables, Key Biscayne & the Beaches.
Sold for $9,450,000
$9,450,000
3540 Palmetto Ave, Miami, FL 33133
3beds
1,740sqft
SingleFamily
Built in 1938
0.32 Acres Lot
$9,118,000 Zestimate®
$5,431/sqft
$7,730 Estimated rent
Home value
$9,118,000
$8.02M - $10.39M
$7,730/mo
Zestimate® history
Owner options
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$7,730/mo
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$7,730/mo
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$66,430/mo
Est. payment
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$66,430/mo
Est. payment
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List your homeWhat's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Forced air, Electric
Cooling
- Central
Appliances
- Included: Dishwasher, Garbage disposal, Microwave, Range / Oven, Refrigerator
Features
- First Floor Entry, Built-Ins
- Flooring: Other
Interior area
- Total interior livable area: 1,740 sqft
Property
Parking
- Total spaces: 1
Features
- Exterior features: Other
Lot
- Size: 0.32 Acres
Details
- Parcel number: 0141210130111
Construction
Type & style
- Home type: SingleFamily
Materials
- special
- Roof: Other
Condition
- Year built: 1938
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $260 monthly
Location
- Region: Miami
Financial & listing details
- Price per square foot: $5,431/sqft
- Tax assessed value: $7,468,391
- Annual tax amount: $148,433
Price history
| Date | Event | Price |
|---|---|---|
| 11/3/2023 | Sold | $9,450,000-5%$5,431/sqft |
Source: Public Record Report a problem | ||
| 10/13/2023 | Pending sale | $9,950,000$5,718/sqft |
Source:  MIAMI #A11445322 Report a problem | ||
| 9/5/2023 | Listed for sale | $9,950,000+665.4%$5,718/sqft |
Source: MIAMI #A11445322 Report a problem | ||
| 2/7/2020 | Sold | $1,300,000-10.3%$747/sqft |
Source: MIAMI #A10591675 Report a problem | ||
| 2/7/2020 | Listed for sale | $1,450,000$833/sqft |
Source: Compass Florida, LLC #A10591679 Report a problem | ||
| 2/7/2020 | Pending sale | $1,450,000$833/sqft |
Source: Compass Florida, LLC #A10591679 Report a problem | ||
| 2/21/2019 | Price change | $1,450,000-9.4%$833/sqft |
Source: Allison James Estates & Homes #A10591679 Report a problem | ||
| 7/17/2018 | Listed for sale | $1,600,000$920/sqft |
Source: EWM Coral Gables-South Miami #A10505471 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $148,433 +0% | $7,468,391 +0.3% |
| 2024 | $148,392 +384.6% | $7,449,065 +474.8% |
| 2023 | $30,619 +18.9% | $1,295,910 +10% |
| 2022 | $25,749 +1.8% | $1,178,100 -1% |
| 2021 | $25,283 -5.3% | $1,190,000 -3.7% |
| 2020 | $26,685 +3.2% | $1,235,083 +3.5% |
| 2019 | $25,857 +310.5% | $1,193,486 +267.8% |
| 2018 | $6,298 | $324,526 +2.1% |
| 2017 | $6,298 +1.1% | $317,852 +2.1% |
| 2016 | $6,229 -1.6% | $311,315 +0.7% |
| 2015 | $6,333 -1.1% | $309,151 +0.8% |
| 2014 | $6,401 +3.9% | $306,698 +1.5% |
| 2013 | $6,163 | $302,166 +1.7% |
| 2012 | $6,163 +2.6% | $297,116 +3% |
| 2011 | $6,004 -4% | $288,463 +1.5% |
| 2010 | $6,256 +8.3% | $284,200 +2.7% |
| 2009 | $5,778 +1.1% | $276,729 +13.7% |
| 2007 | $5,718 -7.9% | $243,401 |
| 2006 | $6,210 | -- |
| 2005 | $6,210 +0.1% | -- |
| 2004 | $6,206 +2.4% | -- |
| 2003 | $6,060 +2.9% | -- |
| 2002 | $5,891 | -- |
| 2001 | $5,891 | -- |
Find assessor info on the county website
Neighborhood: South-West Coconut Grove
Nearby homes
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Nearby schools
GreatSchools rating
- 10/10Coconut Grove Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 6/10Ponce De Leon Middle SchoolGrades: 6-8Distance: 1.4 mi
- 5/10Coral Gables Senior High SchoolGrades: PK,9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Coconut Grove
- High: Coral Glades High
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$9,118,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$9,118,000
- Florida
- Miami-Dade County
- Miami
- 33133
- South-West Coconut Grove
- 3540 Palmetto Ave
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