NOT LISTED FOR SALE

1261 Coral Way Coral Gables, FL 33134

Coral Gables Section Neighborhood

Estimated Value: $2,262,000 - $2,510,000

3 Beds
2 Baths
2,462 Sq Ft
$977/Sq Ft Est. Value

Last Sold June 05, 2023

Last sale price $2,100,000 $853 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $15,371/month

35 Days on Market

Highlights

  • 16,500 Sq Ft lot
  • Wood Flooring
  • Corner Lot
  • Coral Gables Preparatory Academy Rated A-
  • Garden View
  • 5-minute walk to Salvadore Park

About This Home

As of June 2023

Opportunity Calls! Mesmerizing curb appeal with majestic trees canopying the home offering a serene, tranquil atmosphere on this fantastic corner lot. Original home is a 3 bedroom, 2 bathroom with a split floor plan, hardwood floors throughout, formal dining room, living room and family room that leads out to a large covered terrace, perfect for entertaining or simply relaxing outdoors. Plenty of room to recreate your own new spaces, or remodel the existing plan to suit your taste. Ample room for a pool. Whole house generator. Here is your chance to own a home bursting with potential on historic Coral Way, in The City Beautiful. With its prime central location, it is sure to be a coveted property for anyone looking to settle down in one of South Florida's most sought-after neighborhoods.

Last Agent to Sell the Property

Dennis Carvajal

One Sotheby's International Realty License #3034699 Listed on: 04/25/2023

One Sotheby's International Realty

Last Buyer's Agent

Miguel Solis

Douglas Elliman License #0624178

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,249

Year Built

  • Built in 1955

Lot Details

  • 0.38 Acre Lot
  • South Facing Home
  • Corner Lot
  • Property is zoned 0100

Parking

  • 2 Car Attached Garage
  • Driveway
  • Paver Block
  • Open Parking

Home Design

  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,462 Sq Ft Home
  • 1-Story Property
  • Electric Shutters
  • Double Hung Metal Windows
  • Family Room
  • Formal Dining Room
  • Garden Views
  • Partial Panel Shutters or Awnings

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Whole House Permanent Generator
  • Septic Tank

Community Details

  • No Home Owners Association
  • Coral Gables Sec E Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03-41-07-016-1180

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,249

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1955
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: CORAL GABLES SEC E
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Family Room
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 2462
  • Other Equipment: Whole House Permanent Generator
  • Possible Use: Primary
  • Window Features: Partial Panel Shutters/Awnings, Partial RollDown Shutters, Electric Shutters, Double Hung Metal, Plantation Shutters
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Dining Room Features: Breakfast Area, Formal Dining
  • Living Room Features: Family Room
  • Master Bathroom Features: Shower Only

Exterior Features

  • Roof: Flat Tile
  • View: Garden
  • Exterior Features: Fruit Trees, Lighting
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot, Corner Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: CORAL GABLES SEC E
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway, Paver Block

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 03-41-07-016-1180
  • Lot Size Sq Ft: 16500
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9249

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2021
Sold by
Dela Guardia Dolores
Bought by
Dela Guardia Dolores and Freyre Pedro Manuel
Current Estimated Value
$2,405,068
Source: Public Records

Range of Values:

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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
Dela Guardia Dolores -- Accommodation
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2023 06/05/23 Sold $2,100,000 -8.5% $853 / Sq Ft
05/31/2023 05/31/23 Pending -- -- --
04/25/2023 04/25/23 For Sale $2,295,000 -- $932 / 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 $31,439 $1,603,106 -- --
2024 $9,555 $1,764,291 $1,402,500 $361,791
2023 $9,555 $558,961 $0 $0
2022 $9,249 $542,681 $0 $0
2021 $9,218 $526,875 $0 $0
2020 $9,108 $519,601 $0 $0
2019 $8,910 $507,919 $0 $0
2018 $8,523 $498,449 $0 $0
2017 $8,445 $488,197 $0 $0
2016 $8,429 $478,156 $0 $0
2015 $8,527 $474,833 $0 $0
2014 $8,641 $471,065 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dennis Carvajal

    Seller's Agent in 2023

    Dennis Carvajal

    One Sotheby's International Realty

    (786) 295-4501

    1 in this area

    83 Total Sales

    Dennis Carvajal
    Section Image
  • Miguel Solis

    Buyer's Agent in 2023

    Miguel Solis

    Douglas Elliman

    (305) 343-9554

    1 in this area

    134 Total Sales

    Miguel Solis
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11377061

MIAMI REALTORS® MLS

APN: 03-4107-016-1180

Florida Miami/Dade County Coral Gables 33134 Coral Gables Section

1261 Coral Way, Coral Gables, FL

This home is located at 1261 Coral Way, Coral Gables, FL 33134 since 25 April 2023 and is currently estimated at $2,405,068, approximately $976 per square foot. This property was built in 1955. 1261 Coral Way is a home located in Miami-Dade County with nearby schools including Coral Gables Preparatory Academy, Ponce de Leon Middle School, and Coral Gables Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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