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About this home
Are you looking for a completely renovated home under $1M in Coconut Grove for yourself or as a highly profitable investment property? Move right in to this four bedroom, four bath home on a 6,000 SF lot or earn great income with potential to build a multi-million dollar home now or in the future. Located just a mile from all the top shops, restaurants, entertainment, and waterfront parks in Coconut Grove’s village center, within walking distance to two top public schools, less than a mile to the Metrorail (one stop to UM), and just 5 miles from Brickell/Downtown Miami.
Listed by Jo-Ann Forster• Compass Florida, LLC.
Redfin checked: 2 minutes ago (Sept 29, 2023 at 4:26pm)
•Source:MARMLS #A11388703
Home facts
Time on Redfin
134 days
Property Type
Residential, Single Family Residence
Year Built
1950
Style
Detached, One Story
Community
KINGSWAY
Lot Size
6,000 Sq. Ft.
Price insights
List Price
$920,000
Est. Mo. Payment
$6,429
Redfin Estimate
$876,130
Price/Sq.Ft.
$1,045
Buyer’s Agent Commission
3%
Street View
Directions
Payment calculator
$6,384 per month
Principal and interest$5,251
Property taxes$520
Homeowners' insurance$613
Down payment
20% ($184,000)
Home price
$920,000
Loan details
7.71%
Additional resources
Down payment assistance
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Electricity and solar
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Internet
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Appliances: Electric Range, Electric Water Heater, Microwave, Refrigerator
Interior Features
Window Features: Impact Glass
Flooring: Tile
Other Features: Bedroom on Main Level, First Floor Entry
Exterior
Building Information
Stories: 1
Year Built Details: Resale
Construction Details: Block
Exterior Features
Exterior Features: Fence, Patio
Patio And Porch Features: Patio
Lot Information
Lot Size Area: 6,000
Lot Features: < 1/4 Acre
Road Surface Type: Paved
Property Information
Direction Faces: North
Updated/Remodeled
Zoning Description: 0100
Financial
Tax Information
Annual Amount: $6,235
Tax Year: 2022
Utilities
Utility Information
Utilities: Cable Available
Sewer: Public Sewer
Water Source: Public
Heating & Cooling
Has Cooling
Cooling: Central Air, Electric
Has Heating
Heating: Central, Electric
Location
Multi Unit Information
Pets Allowed: No Pet Restrictions, Yes
School
Elementary School: Carver; G.W.
Middle Or Junior School: Ponce De Leon
High School: Coral Gables
Other
Listing Information
Buyer Agency Compensation: 3%
Transaction Broker Compensation: 3%
Details provided by MARMLS and may not match the public record. Learn more.
Sale and tax history for 3840 Charles Ter
Sale History
Tax History
Public facts and zoning for 3840 Charles Ter
Beds
2
Baths
1
Finished Sq. Ft.
880
Unfinished Sq. Ft.
—
Total Sq. Ft.
880
Stories
1
Lot Size
6,000 Sq. Ft.
Style
Single Family Residential
Year Built
1950
Year Renovated
1970
County
Miami-Dade County
APN
0141200040130
Home facts updated by county records on Sep 27, 2023.
Additional resources
Zoning
T3-R | Permitted: Single-Family, Commercial
Schools
GreatSchools Summary Rating
9/10
George W. Carver Elementary School
Public, PreK-5 • Serves this home • 0.2mi
9/10
Air Base K-8 Center For International Education
Public, PreK-8 • Serves this home • 17.0mi
5/10
Ponce de Leon Middle School
Public, 6-8 • Serves this home • 1.1mi
5/10
Coral Gables Senior High School
Public, 9-12 • Serves this home • 0.8mi
-/10
Robert Morgan Voc-Tech Institute
Public, 9-12 • Serves this home • 12.1mi
School data is provided by GreatSchools, a nonprofit organization. Redfin recommends buyers and renters use GreatSchools information and ratings as a first step, and conduct their own investigation to determine their desired schools or school districts, including by contacting and visiting the schools themselves. Redfin does not endorse or guarantee this information. School service boundaries are intended to be used as a reference only; they may change and are not guaranteed to be accurate. To verify school enrollment eligibility, contact the school district directly.
Around this home
Transportation near 3840 Charles Ter
79/100
Very walkable
Walk Score®
53/100
Good transit
Transit Score®
61/100
Bikeable
Bike Score®
Places
5 groceries, 20 restaurants, 3 parks
Transit
136, 22, 2300, 37, 40, 42, 500, 56, CGABLE, RAIL
Climate risks
About climate risks
Most homes have some risk of natural disasters, and may be impacted by climate change due to rising temperatures and sea levels.
Risk Factor
Flood Factor - Minimal
Unlikely to flood in next 30 years
Fire Factor - Minor
0.00% chance of being in a wildfire in next 30 years
Heat Factor - Extreme
7 days above 104° expected this year, 27 days in 30 years
Wind Factor - Extreme
99% chance of strong winds in next 30 years
Provided by First Street Foundation
Redfin Estimate for 3840 Charles Ter
$876,130
$44K under list price of $920K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $650K to $1.2M..
3840 Charles Ter is a 880 square foot house on a 6,000 square foot lot with 4 bedrooms and 4 bathrooms. 3840 Charles Ter is a house currently priced at $920,000, which is 5.6% less than its original list price of 975000.
How many photos are available for this home?
Redfin has 9 photos of 3840 Charles Ter.
How much is this home worth?
Based on Redfin's Coconut Grove data, we estimate the home's value is $876,130
How long has this home been listed on Redfin?
3840 Charles Ter has been listed on Redfin for 134 days since May 18, 2023.
When was this home built and last sold?
3840 Charles Ter was built in 1950.
How competitive is the market for this home?
Based on Redfin's market data from the past 3 months, we calculate that market competition in 33133, this home's neighborhood, is not-very competitive. Homes sell for about 3% below list price and go pending in around 62 days. Hot homes can sell for about 1% below list price and go pending in around 30 days. Compared to nearby markets, 33133 is more competitive than Miami Beach and less competitive than Coral Gables.
The full address for this home is 3840 Charles Terrace, Coconut Grove, Florida 33133.
What's the housing market like in West Grove?
The West Grove housing market is not very competitive. Homes in West Grove receive 2 offers on average and sell in around 77 days. The median sale price of a home in West Grove was $932K last month, up 45.8% since last year.