Amazing "2-KEY" unit (flexible with 2 suites so higher revenue) in the heart of Coconut Grove that is compliant with Hotel Program! Unit comes with Hotel Furniture Package and porcelain tile floors. Double balcony with great views to the Bay. Either earn revenue with hotel rental program & stay while vacationing, or live as 1 bedroom in this beautiful unit with all the luxuries of an upscale hotel. Great location and resort amenities . Dont miss the opportunity to buy this great investment! Easy to show!
CondoProperty Type
2001Year Built
$869Est. Price/Sq.Ft.
1 car garageParking
Listed by Lilian Liu• Elite Sales Group
•617-694-6332 (agent)
•lilian@scottshuffield.com (agent)
•305-554-1544 (broker)
•elitesalesgroup@gmail.com (broker)
Bought with Heather Undorfer• Premier Elite Realty Inc.
•305-442-2122 (broker)
•judy.russell@century21.com (broker)
Source:MARMLS #A1808777
Redfin Estimate
$666,484
$31K since sold in July 2025$33K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 2.7% higher than the average sale price ($649K) of 6 comparable homes.
Amazing "2-KEY" unit (flexible with 2 suites so higher revenue) in the heart of Coconut Grove that is compliant with Hotel Program! Unit comes with Hotel Furniture Package and porcelain tile floors. Double balcony with great views to the Bay. Either earn revenue with hotel rental program & stay while vacationing, or live as 1 bedroom in this beautiful unit with all the luxuries of an upscale hotel. Great location and resort amenities . Dont miss the opportunity to buy this great investment! Easy to show!
MARMLS #A1651805
Jul 1, 2013
Listing Removed
—
MARMLS #D1125417
Sep 22, 2006
Sold
$275,000
$359/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$9,958 (+9.5%)
$498,188
2024
$9,095 (+18.2%)
$498,188
2023
$7,696 (+11.5%)
2022
$6,902 (−9.8%)
2021
$7,655 (+9.7%)
$334,796
2020
$6,977 (+11.6%)
2019
$6,254 (+3.6%)
2018
$6,036 (−1.8%)
2017
$6,147 (−2.9%)
2016
$6,333 (+8.0%)
$290,170
2015
$5,865 (+6.8%)
2014
$5,494 (+15.4%)
2013
$4,760 (−0.2%)
2012
$4,768 (−0.3%)
2011
$4,780
Tax history for 2889 McFarlane Rd #1405
Year
Property tax
Land + Additions
Assessment*
2025
$9,958 (+9.5%)
$498,188
2024
$9,095 (+18.2%)
$498,188
2023
$7,696 (+11.5%)
2022
$6,902 (−9.8%)
2021
$7,655 (+9.7%)
$334,796
2020
$6,977 (+11.6%)
2019
$6,254 (+3.6%)
2018
$6,036 (−1.8%)
2017
$6,147 (−2.9%)
2016
$6,333 (+8.0%)
$290,170
2015
$5,865 (+6.8%)
2014
$5,494 (+15.4%)
2013
$4,760 (−0.2%)
2012
$4,768 (−0.3%)
2011
$4,780
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
T5-O
Urban Center Transect - Open Zone
The Urban Center Zone consists of higher Density Mixed-Use Building types that accommodate retail and office Uses, rowhouses and apartments. A network of small blocks has Thoroughfares with wide Sidewalks, steady street tree planting and Buildings set close to the Frontages with frequent doors and windows.
Permitted uses
Include but are not limited to:
Religious facility
Restaurant
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Student
Hotel / motel
Mixed use
Office
Research & development
Property details
Exterior
Property Information
Subdivision Name: MUTINY PARK CONDO
Living Sq. Ft: 767
Adjusted Gross Sq. Ft: 767
Building Sq. Ft: 767
# of Units: 1
Legal Description: MUTINY PARK CONDO UNIT 1405 UNDIV 0.1528% INT IN COMMON ELEMENTS OFF REC 20048-4320 OR 20168-3758 01 2002 1
Lot Information
# of Buildings: 1
Municipality Name: MIAMI
Zoning Code: 6101
County Use Description: RES - TOT VAL : CONDO - RES
State Use Description: CONDOMINIUM
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 1
Baths: 2.0
Sq. Ft.: 767
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: 2001
Year Renovated: 2001
County: Miami-Dade County
APN: 0141212180490
Home facts updated by county records on Sep 19, 2026