The Monarch Grove
2977 Mcfarlane Road, Miami, FL 33133
Grove Center
Folio 0141212320001
- Year built
- 1990
- Residences
- 11
- Building area
- 15,511 sq ft
- Median residence
- 1,451 sq ft
- FEMA flood zone
- Zone X
- Latest arms-length sale
- $445,000 · Jul 2021
- Median sale (10 yr)
- $360,000
- Recorded transfers
- 32
The Monarch Grove is a 11-residence boutique condominium building at 2977 Mcfarlane Road, in Coconut Grove, completed in 1990. It has a median residence of 1,451 square feet.
The recorded market runs to 29 arms-length sales since 2002, an annual turnover rate of 4.5 percent of the building over the past decade, and a median of $228 per square foot. Across 18 same-unit resales, 83 percent sold above their prior recorded price, with a median gain of 20 percent over a median hold of 3.4 years.
Recorded sales history
Recorded transfers for this building in Miami-Dade County public records, back to Nov 2002. Prices reflect the recorded consideration; transfers the Property Appraiser does not qualify as arms-length are shown unmarked. Nominal-consideration paper transfers (deeds into trusts and LLCs, estate and family transfers, corrective deeds) are part of the record but not sales, and are omitted from this table. Recording lags closing, so the newest sales can take several weeks to appear.
| Date | Residence | Size | Price | Arms-length |
|---|---|---|---|---|
| Jul 2021 | 10 | 1,280 sf | $445,000 | ✓ |
| Aug 2018 | 10 | 1,280 sf | $360,000 | ✓ |
| Apr 2018 | 2 | 1,299 sf | $390,000 | ✓ |
| Apr 2017 | 10 | 1,280 sf | $339,000 | ✓ |
| Dec 2016 | 11 | 1,539 sf | $325,000 | ✓ |
| Dec 2015 | 3 | 1,037 sf | $295,000 | ✓ |
| Oct 2015 | 9 | 1,475 sf | $435,000 | ✓ |
| Dec 2014 | 4 | 1,299 sf | $377,500 | ✓ |
| Jan 2014 | 10 | 1,280 sf | $305,000 | ✓ |
| Aug 2013 | 5 | 1,636 sf | $400,000 | ✓ |
| May 2011 | 3 | 1,037 sf | $180,000 | ✓ |
| Dec 2008 | 6 | 1,451 sf | $265,000 | ✓ |
| Sep 2007 | 9 | 1,475 sf | $375,000 | ✓ |
| Dec 2006 | 4 | 1,299 sf | $240,000 | ✓ |
| Jul 2006 | 1 | 1,643 sf | $394,000 | ✓ |
| Apr 2005 | 8 | 1,573 sf | $341,000 | ✓ |
| Apr 2005 | 7 | 1,279 sf | $291,000 | ✓ |
| Mar 2005 | 6 | 1,451 sf | $360,000 | ✓ |
| Feb 2005 | 9 | 1,475 sf | $270,000 | ✓ |
| Feb 2005 | 5 | 1,636 sf | $350,000 | ✓ |
| Jun 2004 | 11 | 1,539 sf | $260,000 | ✓ |
| Jun 2004 | 10 | 1,280 sf | $235,000 | ✓ |
| Apr 2004 | 8 | 1,573 sf | $490,000 | ✓ |
| Apr 2004 | 7 | 1,279 sf | $490,000 | ✓ |
| Nov 2003 | 6 | 1,451 sf | $289,000 | ✓ |
| Nov 2003 | 4 | 1,299 sf | $230,000 | ✓ |
| Jul 2003 | 5 | 1,636 sf | $324,000 | ✓ |
| Feb 2003 | 2 | 1,299 sf | $225,000 | ✓ |
| Nov 2002 | 1 | 1,643 sf | $290,000 | ✓ |
✓ = qualified arms-length per the Miami-Dade Property Appraiser. 3 nominal-consideration paper transfers omitted.
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Building facts and sales records are compiled from Miami-Dade County public records (Property Appraiser) and reviewed against recognized architectural references. Figures are reported as recorded and may be updated as the county updates its records. This page is informational and is not an offer, solicitation, or valuation.