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The Roebling Index · Miami
Published by The Roebling Team at Compass · Corey Cohen, NY Licensed Associate Real Estate Broker
Miami·Coconut Grove·Condominium

Park Vista Villas

3040 Shipping Avenue, Miami, FL 33133

Bird Grove East

Folio 0141212520001

At a glance
Year built
1989
Residences
10
Building area
13,750 sq ft
Median residence
1,375 sq ft
FEMA flood zone
Zone X
Latest arms-length sale
$980,000 · Jun 2023
Median sale (10 yr)
$470,000
Recorded transfers
38
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Park Vista Villas is a 10-residence boutique condominium building at 3040 Shipping Avenue, in Coconut Grove. County records list 1989 as the year built. It has a median residence of 1,375 square feet.

The recorded market runs to 28 arms-length sales since 2004, an annual turnover rate of 9 percent of the building over the past decade, and a median of $301 per square foot. Across 18 same-unit resales, 72 percent sold above their prior recorded price, with a median gain of 10 percent over a median hold of 4.4 years.

Selling, buying or moving?

Own a residence at Park Vista Villas? See what it would sell for.

Choose what fits: a property-specific pricing review informed by local transaction records and market research, a conversation about buying in this market, or help planning a move between markets. Local representation is coordinated where appropriate.

Prefer to speak directly? Schedule a consultation →
Corey Cohen, Licensed Associate Real Estate Broker · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com

At a glance

Common name: Park Vista Villas. The condominium is named Park Vista Villas Condominium.

Building type: Small condominium, 10 residences

Source: The Roebling Research Desk.

Why Park Vista Villas matters

Park Vista Villas is a small Coconut Grove condominium of 10 residences, completed in 1989.

Coconut Grove and Shipping Avenue

Coconut Grove is Miami's bayfront village district, on Biscayne Bay south of Brickell and Downtown. The village center, around Main Highway and Grand Avenue, has the shops, restaurants and cafes, and the waterfront side has Dinner Key Marina and, nearby, Vizcaya Museum and Gardens.

3040 Shipping Avenue is in the 33133 zip code, in the northern part of the Grove.

Architecture and unit composition

Request the plans and each unit's interior square footage from the association before comparing it with other buildings.

Building operations

Florida's milestone inspection and structural integrity reserve study rules apply to condominium buildings of three or more stories; ask whether the building falls under the rules. Ask for the current budget and financial statements, the structural integrity reserve study (SIRS) and how reserves are funded, milestone inspection status and any completed or pending repairs, any current or planned special assessment, and insurance coverage and renewal history. A 10-residence association spreads any assessment across ten owners; ask for the allocation.

Policy framework

Pet, rental and minimum-lease rules are set by the association; confirm at offer stage.

Sales context

One recorded sale, June 2023, at $980,000. It is one sale, not a building price; compare every recorded sale by size and condition.

Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.

What to know if you're buying at Park Vista Villas

Verify what you are buying. Get layout, size, parking and any private outdoor space in writing.

Read the reserve documents. With 10 owners, any assessment is split across few units.

Pull every sale. The comparable set is the building's own history.

What to know if you're selling at Park Vista Villas

Document the residence. Supply the floor plan, the interior square footage and the association documents up front.

Have the reserve documents ready. Budget, financials, SIRS and insurance history shorten diligence.

Comparable buildings

  • The Grove Club — a 20-residence condominium on Tigertail Avenue in Northeast Coconut Grove, built in 2005.
  • Mr. C Residences Coconut Grove — a larger condominium tower on Tigertail Avenue.
  • Tigertail Bay — a Coconut Grove condominium.

The neighborhood

For the full neighborhood — its buildings and recorded pricing — read The Roebling Index guide to Coconut Grove.

Run the numbers

Related guides

Recorded sales history

Recorded transfers for this building in Miami-Dade County public records, back to Jun 2004. 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.

DateResidenceSizePriceArms-length
Jun 202330641,375 sf$980,000✓
May 202130521,375 sf$620,000✓
May 202030461,375 sf$455,000✓
Oct 201930621,375 sf$485,000✓
Jul 201830601,375 sf$452,500✓
Mar 201830641,375 sf$470,000✓
Feb 201830601,375 sf$375,000
Jun 201730441,375 sf$455,000✓
Jun 201730461,375 sf$444,000✓
Mar 201730521,375 sf$490,000✓
Oct 201330441,375 sf$420,000✓
Oct 201330401,375 sf$407,000✓
Sep 201330621,375 sf$435,000✓
Apr 201330521,375 sf$450,000✓
Apr 201330461,375 sf$360,000✓
Apr 201330401,375 sf$142,274
Feb 201230401,375 sf$70,850
Sep 200930521,375 sf$325,000✓
Mar 200830401,375 sf$345,000✓
Jun 200730621,375 sf$435,000✓
Jun 200630621,375 sf$480,000✓
Apr 200530461,375 sf$390,000✓
Apr 200530441,375 sf$385,000✓
Jan 200530641,375 sf$360,000✓
Jan 200530601,375 sf$367,000✓
Jan 200530521,375 sf$370,000✓
Jan 200530421,375 sf$335,000✓
Sep 200430621,375 sf$370,000✓
Sep 200430501,375 sf$349,000✓
Sep 200430401,375 sf$345,000✓
Jun 200430481,375 sf$375,000✓

✓ = qualified arms-length per the Miami-Dade Property Appraiser. 7 nominal-consideration paper transfers omitted.

This page reflects publicly available information compiled by The Roebling Research Desk. Specific building details should be confirmed with the association during due diligence; the recorded Declaration of Condominium, the current building budget, the current tax bill, the structural integrity reserve study and milestone-inspection status should be reviewed for any specific transaction. © 2026 The Roebling Team at Compass.

Considering a move at Park Vista Villas?

Request a private building brief with the relevant recorded sales, current and off-market availability, and an apartment-specific view of value.

Prefer to speak directly? Schedule a consultation →
Corey Cohen, Licensed Associate Real Estate Broker · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com

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 or solicitation. Apartment estimates are automated, from public records, and are not appraisals.

A note on representation

The Roebling Team at Compass is led by Corey Cohen, a New York licensed associate real estate broker. For a purchase or sale in Miami, we introduce you to a licensed Compass agent there by referral and handle the New York side of your move ourselves. This page and its calculators are research, not an offer of representation.

To plan a move between Manhattan and Miami, schedule a consultation; where appropriate we’ll introduce you to a vetted Compass agent in the local market.