Own Coconut Grove

Nevis

2650 SW 37th Ave · Built 2007 · 9 floors · 40 residences

2 for sale
For sale
2
0 pending · 4.8 mo supply
Median asking
$445K
from $410K
Median $/sqft
$455/sqft
$436/sqft sold, 12 mo
Days on market
71
17 to sell · 5 in 12 mo

1 of 2 are priced $450K+ and browsable on own.miami; the stats above cover every unit for sale.

Nevis
Listing photo · courtesy of Trizel Brokerage Services, Inc · MLS #A12069176

Nevis is a well-managed boutique building featuring 41 units. The property is situated in a walkable location near The Plaza, Miracle Mile, and the Metrorail, providing easy access to Downtown Miami and the airport.

The building offers a mix of urban convenience and natural beauty, with some units providing views of lush tree canopies. The property features a gated garage and was updated with a new roof in 2024.

Live near more of Miami

What surrounds Nevis: seasonal events, annual programs and lifestyle indexes, measured from the building.

Distances are straight-line, not walking or driving.

Getting around

Coconut Grove is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:

CocoWalkPeacock ParkKennedy ParkThe BarnacleMetrorail (Coconut Grove)Biscayne Bay
82
/ 100
A
own.miami Score

A data-grounded score for Nevis from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.

Value99
$455/sqft — vs. Coconut Grove condos, then all of Miami
Momentum80
+13.4% $/sqft over 6 months
Liquidity66
4.8 months of supply · 71 days on market
Health100
Verified records on file — nothing adverse
Waterfront55
Not waterfront
Age63
Built 2007 — vs. Coconut Grove buildings
own.miami Condo Index
85At market100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#472 of 698 tracked Miami condos
Top 68% by price per sq ft
#44 of 45 in Coconut Grove
Momentum
↑ Rising
$455/sqft median ask
Liquidity
Hot
See the full Condo Index →
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Inventory

Sold $/sqft trend

3-month rolling median of closed sales in Nevis; bars are closings per month.

$390$452$514Mar 2024May 2025Aug 2025Mar 2026Aug 2026

Location

Nearby buildings within half a mile.

Building facts

Address
2650 SW 37th Ave
Year built
2007
Floors
9
Residences
40
Developer
Panerai Developers LLC
Waterfront
No

Amenities

  • · Billiard room
  • · Gym
  • · Sauna
  • · Secure entry

Building rules

Parking
The building features a gated garage with covered parking spaces.

Special assessments & recertification outlook

Watch

Public records checked Oct 29, 2026: no liens, lawsuits or regulatory complaints found for the association.

Verified records

  • PositiveBank financingOct 31, 2026

    Regulated lenders recorded 3 purchase or refinance loans on this building in the last 12 months, financing 50% of its recorded sales, and accepted a down payment as low as 3%. A bank writing a condominium loan has just checked the building's reserves, insurance, litigation and owner-occupancy against its own standards — verified due diligence, read from the public record. Financeability Index 76/100.

    Source: Miami-Dade Clerk official records

  • Built 2007 — its first 25-year structural milestone inspection is due around 2032

Estimated from Nevis’s age and signals in active listings — not an official inspection or reserve report. Always verify the building’s milestone-inspection status and reserves with the association before buying.

Financeability

What the banks say about Nevis: recorded purchase mortgages, the down payments they accepted, and the programmes in use.

76Readily financeable

Regulated lenders are writing purchase loans here at ordinary down payments — their due diligence on reserves, insurance and litigation, verified by the public record.

Mortgages recorded, 12 months
3
3 from banks and credit unions · purchases and refinances
Sales bank-financed
50%
6 recorded sales, 12 months · Resales only
Average down payment
14.6%
Lowest down payment accepted
3%
Loan programmes, 24 months:Conventional 3

Medium confidence · As of 2026-10-31

Source: Miami-Dade County official records and the FHA/VA approval lists. Aggregates only; individual instruments are never shown. Compare with Coconut Grove

Flooding and storm surge

Public flood data at this building’s location, read Oct 22, 2026.

FEMA flood zone
Zone X: minimal-risk area on FEMA’s map.
Hurricane evacuation zone
Zone E
Miami-Dade storm surge planning zones run from A (called first) to E. The county decides which zones evacuate in a storm.
Ground at the building
12.8 ft
Lowest nearby street
9.9 ft
Highest predicted tide, 2026
1.0 ft

Elevations in feet above the NAVD88 datum.

The lowest street next to this building sits 8.9 ft above this year’s highest predicted tide (Oct 27, 2026).

Estimated from public data, not a flood determination. Check the FEMA flood map and an elevation certificate for this building.

How we measure thisCompare neighborhoods

Frequently asked

How much do condos at Nevis cost?+

There are 2 condos for sale at Nevis, from $410,000, with a median asking price of $445,000 ($455/sqft).

How much are the HOA fees at Nevis?+

HOA / maintenance fees at Nevis run around $795 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.

When was Nevis built?+

Nevis was built in 2007, 9 stories, 40 residences.

Who developed Nevis?+

Nevis was developed by Panerai Developers LLC.

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