The Real Deal Miami

AGM Builders Group is launching sales of a new luxury townhouse project in Coconut Grove

Prices at 8-unit development range from $840k to $940k
By Katherine Kallergis | October 18, 2018 05:30PM

Rendering of Habitat at the Grove and Jill Penman

AGM Builders Group is launching sales of a new luxury townhouse project in Coconut Grove.

The Puerto Rico-based firm is developing Habitat at The Grove, an eight-unit townhome community at 2924 Bird Avenue. The firm hired the Jill Penman Group of One Sotheby’s International Realty to handle sales. Units range from $839,000 to $939,000.

The four-story, 2,381-square-foot townhouses each have three bedrooms, three bathrooms, a rooftop deck and a two-car garage. Two units at the back of the property will include private patios and pools.

The townhouses are under construction and expected to be completed by Spring 2019, said Matt Kujawa, who is part of Penman’s team. Penman said she’s targeting empty nesters from Miami’s suburbs and young couples looking to move from areas like Brickell.

AGM affiliate 2924 Bird Ave Development LLC paid $1.65 million for the 11,500-square-foot site in January, property records show. AGM is led by Armando Muns Sr. and Armando Muns Jr.

Nearby, Metronomic Inc. is building Grovehaus, an apartment community at 3265 Bird Avenue.  Metronomic also recently unveiled plans for a mixed-use office, retail and hotel project at 3280 Grand Avenue in the Grove.