1 month on rocket

2889 Mcfarlane Rd Unit 1511, Miami, FL, 33133

$615,000

Home List Price

$7,303*

Closing Credit

1 Bedroom
2 Full Baths
686 SqFt
$897/SqFt
Condo

Location

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2889 Mcfarlane Rd Unit 1511, Miami$615,000

Buyer Closing Credits

$7,303*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingOne Space, On Street, Valet
Garage1 space
Year Built2001
HeatingCentral
CoolingCentral Air
WaterfrontBay Front
ViewCity, Garden
MLS #A11664435
StatusActive

About 2889 Mcfarlane Rd Unit 1511

Wake up to breathtaking city views from this stunning one-bedroom, two-bathroom, two-key unit in Hotel Arya Residences. This condo combines luxury with convenience in the heart of Coconut Grove. Enjoy a walk-in closet, washer/dryer hook-up, and one assigned parking space. The spacious balcony offers picturesque views of Peacock Park and the vibrant skyline. With no rental restrictions, this unit is perfect for investors, allowing leasing through the hotel rental pool, Airbnb, VRBO, or privately. Just steps away from an array of restaurants, shops, nightlife, and entertainment, this property is ideal for both end users and investors. Don’t miss this Coconut Grove gem!

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 2001
  • Living Area: 686 SqFt

Listing Office:

  • Office Name: Weisbein Team
  • Office Phone: (305) 694-7500
  • Listing Agent: Gayathri Samuel

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring Type: Ceramic Tile
  • Interior: Built-in Features, Bedroom on Main Level, Living/Dining Room, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Bay Front
  • View: City, Garden
  • Exterior: Balcony

Parking Information:

  • Garage Space: 1 space
  • Parking: One Space, On Street, Valet

Virtual/3D Tour

  • Virtual Tour: 2889 Mcfarlane Rd Unit 1511
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Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Located at the corner of South Bayshore and McFarlane Road, this full-service resort-style hotel condo offers no rental restrictions.

Price Information

Listing Price Info

Price Summary:

  • List Price: $615,000
  • Price Per SqFt: $897/SqFt

HOA Fees:

  • Amount: $4644
  • Frequency: Quarterly
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Housing Market Comparison

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

Med. Sold Price

$560.4K

Med. Price/SqFt

$389

Avg. Days On Market

60

# of Sold Homes

698

2889 Mcfarlane Rd Unit 1511 vs Miami

57 DAYS ON ROCKET

-3 Days

$615,000

+$54.5K More

$897/SqFt

+$507 More

KEY TAKEAWAY

This property is $54.5K more than the Median Sold Price and $507/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: #A11664435

Listing Office:

  • Office Name: Weisbein Team
  • Office Phone: (305) 694-7500
  • Listing Agent: Gayathri Samuel

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: 11/22/2024, 2:20:52 PM 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

$4,685

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,910

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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.

Nearby Schools

school-card-donut-643322
10
/10
  • Coconut Grove Elementary School

  • 3351 Matilda St

  • 0.19 miles

  • Public District Grades PK-5

school-card-donut-643323
5
/10
  • Frances S. Tucker Elementary School

  • 3500 S Douglas Rd

  • 0.85 miles

  • Public Magnet Grades PK-5

school-card-donut-643324
10
/10
  • George Washington Carver Elementary School

  • 238 Grand Ave

  • 1.15 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

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

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2889 Mcfarlane Rd Unit 1511

What is the listing price of this property?

The listing price of 2889 Mcfarlane Rd Unit 1511 property is $615,000.

What type of property is this?

The property 2889 Mcfarlane Rd Unit 1511 is a condo located in Miami, Florida, 33133.

Is this property for sale now?

Active Listing: 2889 Mcfarlane Rd Unit 1511 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 2889 Mcfarlane Rd Unit 1511 has 1 bedroom and 2 bathrooms.

What is the square footage of this property?

The property 2889 Mcfarlane Rd Unit 1511 is 686 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2889 Mcfarlane Rd Unit 1511 is 2001.

Rocket Homes›Florida›Miami-Dade County›Miami›33133›2889 Mcfarlane Rd Unit 1511

This home is located at 2889 Mcfarlane Rd Unit 1511 in Miami, FL and zip code 33133 in the Coconut Grove neighborhood. This 686 square foot home was built in 2001. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since September 26, 2024 and is currently priced at $615,000.

While more than 62 listings in Miami, FL in October 2024 were sold above asking price, there were more than 129 listings sold at asking price, and more than 507 were sold below. In October 2024 in Miami, FL there were 8.3% more homes for sale than in September 2024. In October 2024 median list price was $560,436 and the average listing age was 60 days.

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

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