# Nevis

As of 2026-10-07, Nevis in Coconut Grove has 2 units for sale at a median asking price of $445K ($455/sqft); 5 units sold in the last 12 months.

Nevis is a boutique-style condominium located in Coconut Grove near Coral Gables.

## Key facts

| | |
|---|---|
| Address | 2650 SW 37th Ave |
| Neighborhood | Coconut Grove |
| Year built | 2007 |
| Floors | 9 |
| Units | 40 |
| Waterfront | no |
| Developer | Panerai Developers LLC |
| For sale | 2 |
| Pending | 0 |
| Median asking price | $445,000 |
| Median asking $/sqft | $455/sqft |
| Sold, last 12 months | 5 |
| Median sold $/sqft, 12 months | $436/sqft |
| Months of inventory | 4.8 |
| Median HOA | $795/mo |
| Parking | The building features a gated garage with covered parking spaces. |

## Own Miami measures

- **own.miami Building Score: 82 (A)**
  - Value: 99 — $455/sqft — vs. Coconut Grove condos, then all of Miami
  - Momentum: 80 — +13.4% $/sqft over 6 months
  - Liquidity: 66 — 4.8 months of supply · 71 days on market
  - Health: 100 — Verified records on file — nothing adverse
  - Waterfront: 55 — Not waterfront
  - Age: 63 — Built 2007 — vs. Coconut Grove buildings
- **Own Miami Condo Index: 85** (market; 100 = the market-median building, 200 = twice its $/sqft; rank 472 of 698 tracked Miami condos)
- **Financeability Index: 76** (strong; 12-month window, 3 recorded mortgages, 50% of sales bank-financed, lowest down payment 3%, as of 2026-10-31)
- Special-assessment outlook: watch (next structural milestone inspection due 2032)

## Building health (verified public records)

- Public records checked 2026-10-29: no liens, lawsuits or regulatory complaints found
- positive: Bank financing — 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. (2026-10-31)
- Legal & regulatory: 0 material cases active, 0 disputes active, 0 DBPR complaints (36 months)

## Frequently asked questions

**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.

## Related pages

- [Coconut Grove — neighborhood guide](https://own.miami/coconut-grove)
- [All units for sale at Nevis](https://own.miami/buildings/nevis/for-sale)
- [Beacon Harbour](https://own.miami/buildings/beacon-harbour)
- [Grove Club](https://own.miami/buildings/grove-club)
- [Marbella Villas](https://own.miami/buildings/marbella-villas)
- [Provence Village in the Grove](https://own.miami/buildings/provence-village-in-the-grove)

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Source: Own.Miami — https://own.miami · data as of 2026-10-07
Canonical page: https://own.miami/buildings/nevis
License: CC BY 4.0 — https://creativecommons.org/licenses/by/4.0/
Methodology: https://own.miami/methodology · For AI assistants: https://own.miami/for-ai