NOT LISTED FOR SALE

Estimated Value: $321,000 - $371,000

1 Bed
1 Bath
613 Sq Ft
1959 Built

Last Sold April 19, 2019

Last sale price $175,000 $285 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $2,230/month

Highlights

  • In Ground Pool
  • Garden View
  • Walk-In Closet
  • Coconut Grove Elementary School Rated A
  • No HOA
  • 3-minute walk to Sunrise Park

About This Home

As of February 2024

Enjoy coastal breezes at this beautiful, light-filled top floor 1BR/1BA unit on Edgewater Drive in Coral Gables! Prime location within close proximity to the University of Miami, South Miami, Coconut Grove, and the best of Coral Gables! Attractive boutique building (only 8 units) with assigned parking and access to community pool. Peaceful tree top views from every room and full-size washer & dryer in unit. One block from Sunrise Harbor Park. Available for immediate occupancy. Welcome home!

Last Agent to Rent the Property

Nicholas Adams

One Sotheby's International Realty License #3238203 Listed on: 10/25/2023

One Sotheby's International Realty

Last Renter's Agent

Nicholas Adams

One Sotheby's International Realty License #3238203 Listed on: 10/25/2023

One Sotheby's International Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,351

Year Built

  • Built in 1959

Home Design

  • Garden Apartment
  • Entry on the 2nd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 613 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Combination Dining and Living Room
  • Tile Flooring
  • Garden Views

Kitchen

  • Electric Range
  • Microwave
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Parking Space
  • On-Street Parking
  • Open Parking

Pool

  • In Ground Pool

Schools

  • Coconut Grove Elementary School
  • Ponce De Leon Middle School
  • Coral Gables High School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 11/8/23
  • 12 Months Lease Term
  • Assessor Parcel Number 03-41-29-070-0040

Community Details

Overview

  • No Home Owners Association
  • Edgewater Of Coral Gables Condos
  • Edgewater Of Coral Gables Subdivision

Recreation

  • Community Pool

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,351

Year Built

Built in 1959

Lot Details

0

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2023-11-08
  • Lease Term: 12 Months

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1959
  • Property Sub Type: Condominium
  • Architectural Style: Garden Apartment
  • Directions: From US-1, head south on Le Jeune Rd, east on Ingraham Terrace, right on Edgewater Drive. Building on the left just after Douglas Rd. Use street parking.
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • Lease Assignable: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: EDGEWATER OF CORAL GABLES
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Walk-In Closet(s)
  • Spa Yn: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Other, Tile
  • Furnished: Unfurnished
  • Living Area: 613
  • Stories: 2
  • Window Features: Blinds
  • Dining Room Features: Dining/Living Room, Snack Bar/Counter

Exterior Features

  • View: Garden
  • Construction Type: CBS Construction
  • Pool Features: In Ground, Community
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: EDGEWATER OF CORAL GABLES
  • Open Parking: Yes
  • Parking Features: 1 Space, On Street

Utilities

  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Key Card Entry

Condo/Co-op/Association

  • Amenities: Community Pool
  • Association: No

Schools

  • Elementary School: Coconut Grove
  • High School: Coral Gables
  • Middle Or Junior School: Ponce De Leon

Lot Info

  • Parcel Number: 03-41-29-070-0040
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 5000
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2023
Closed on
Feb 15, 2024
Sold by
Gadala-Maria Philip
Bought by
Open Core Holdings Llc
Seller's Agent
Nicholas Adams
One Sotheby's International Realty
Buyer's Agent
Nicholas Adams
One Sotheby's International Realty
Sold Price
$2,200
Views
10
Current Estimated Value
$352,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,956

Purchase Details

Listed on
Feb 15, 2019
Closed on
Apr 19, 2019
Sold by
Perez Umberto and Perez Neyda
Bought by
Gadala Maria Philip
Seller's Agent
Neyda Alameda-Perez
Real Estate Sales Force
Buyer's Agent
Abel Gilbert
EXP Realty South LLC
List Price
$188,000
Sold Price
$175,000
Premium/Discount to List
-$13,000
-6.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.36%
Original Mortgage
$140,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2006
Sold by
Edgewater Rb Jcm Llc
Bought by
Perez Umberto and Perez Neyda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,935
Interest Rate
6.05%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Open Core Holdings Llc $360,000 None Listed On Document
Gadala Maria Philip $175,000 A & A Title Services Llc
Perez Umberto $199,900 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gadala Maria Philip $140,000
Previous Owner Perez Umberto $129,935
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/01/2024 02/01/24 Rented $2,200 0.0% --
01/09/2024 01/09/24 Under Contract -- -- --
01/03/2024 01/03/24 Price Changed $2,200 -4.3% $4 / Sq Ft
12/14/2023 12/14/23 Price Changed $2,300 -6.1% $4 / Sq Ft
12/05/2023 12/05/23 Price Changed $2,450 -2.0% $4 / Sq Ft
10/25/2023 10/25/23 For Rent $2,500 +4.2% --
11/07/2022 11/07/22 Rented $2,400 -2.0% --
10/12/2022 10/12/22 Price Changed $2,450 -2.0% $4 / Sq Ft
09/29/2022 09/29/22 For Rent $2,500 0.0% --
04/19/2019 04/19/19 Sold $175,000 -6.9% $285 / Sq Ft View Prior Sale
02/15/2019 02/15/19 For Sale $188,000 -- $307 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,351 $252,199 -- --
2024 $3,824 $225,544 -- --
2023 $3,824 $205,040 $0 $0
2022 $2,053 $149,393 $0 $0
2021 $2,033 $145,042 $0 $0
2020 $2,004 $143,040 $0 $0
2019 $1,502 $75,730 $0 $0
2018 $1,469 $75,730 $0 $0
2017 $2,541 $130,142 $0 $0
2016 $2,463 $118,311 $0 $0
2015 $2,289 $107,556 $0 $0
2014 $2,014 $97,779 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11474915

MIAMI REALTORS® MLS

APN: 03-4129-070-0040