NOT LISTED FOR SALE

1261 S Alhambra Cir Coral Gables, FL 33146

Lower Riviera Neighborhood

Estimated Value: $5,036,000 - $6,882,561

6 Beds
6.5 Baths
4,250 Sq Ft
$1,313/Sq Ft Est. Value

Last Sold January 31, 2025

Last sale price $5,050,000 $1,188 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $36,760/month

108 Days on Market

Highlights

  • Property has ocean access
  • Boat Lift
  • Gated Community
  • Sunset Elementary School Rated A
  • In Ground Pool
  • Waterfront

About This Home

As of January 2025

Welcome to 1261 S Alhambra Circle, located along the scenic Gables waterway. Situated on 22,000 sf of land, this property has water on two sides w/ 140’ of waterline complete with a 2013 renovated dock. Bridge clearance to the bay is 18’ making it ideal for all boaters. The rolling lawn & tropical wood pool deck are highlighted w/ a 75 ft. lap pool surrounded by the minimalist modern home, perched perfectly along the highest portion of the property. Featuring 5,256 total sf, the home boasts 6 beds, 6.5 baths w/ large entertaining space, a chef’s dream kitchen with Thermador appliances, primary suite w/ water views, walk-in closets & exquisite material finishes through all baths. Add’l features are office, laundry, maids qtrs, 2 car garage, motorized blinds, auto gates & security cameras.

Last Agent to Sell the Property

Jessica Adams

Douglas Elliman License #3253202 Listed on: 09/16/2024

Douglas Elliman

Last Buyer's Agent

Lori Prepszent

Compass Florida, LLC. License #3135886

Compass Florida, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $59,365

Year Built

  • Built in 1957

Lot Details

  • 0.41 Acre Lot
  • 160 Ft Wide Lot
  • Waterfront
  • South Facing Home
  • Fenced
  • Property is zoned 0100

Parking

  • 2 Car Garage
  • Circular Driveway
  • Open Parking

Home Design

  • Substantially Remodeled
  • Flat Tile Roof

Interior Spaces

  • 4,250 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Den
  • Marble Flooring
  • Canal Views

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Closet Cabinetry
  • Shower Only

Home Security

  • Clear Impact Glass
  • High Impact Door

Pool

  • In Ground Pool
  • Outdoor Shower
  • Auto Pool Cleaner

Outdoor Features

  • Property has ocean access
  • Canal Width is 81-120 Feet
  • Boat Lift
  • Deck
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 03-41-30-008-0090

Community Details

Overview

  • No Home Owners Association
  • Coral Gables Riviera Sec Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$59,365

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1957
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Directions: Use Google Maps. All parking must be across the street until agent opens gate for driveway access. Coral Gables will ticket vehicles blocking the sidewalk in front of house.
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlift
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: CORAL GABLES RIVIERA SEC
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Den/Library/Office
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: High Impact Doors
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 4250
  • Possible Use: Unknown/Withheld
  • Window Features: Clear Impact Glass, Impact Glass
  • Bedroom Features: Entry Level, Primary Bath Shower
  • Living Room Features: Den/Library/Office

Exterior Features

  • Roof: Flat Tile
  • View: Canal
  • Exterior Features: Lighting, Outdoor Shower
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot
  • Patio And Porch Features: Deck
  • Pool Features: Auto Pool Clean, In Ground
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Width 81-120 Feet
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: CORAL GABLES RIVIERA SEC
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Gated

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 03-41-30-008-0090
  • Lot Size Sq Ft: 18000
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 59365

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2024
Closed on
Jan 31, 2025
Sold by
Corso Alhambra Lp
Bought by
Cruz Michael
Seller's Agent
Jessica Adams
Douglas Elliman
Buyer's Agent
Lori Prepszent
Compass Florida, LLC.
List Price
$5,700,000
Sold Price
$5,050,000
Premium/Discount to List
-$650,000
-11.4%
Views
67
Current Estimated Value
$5,578,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$528,390
Avg. Annual Appreciation
4.95%

Purchase Details

Closed on
May 10, 2023
Sold by
Tangredi Vincent and Siu Lan
Bought by
Alhambra Corso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
6.27%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 13, 2017
Sold by
San Fruttuoso Llc
Bought by
Tangredi Vincent and Ko Siu Lan

Purchase Details

Closed on
Apr 2, 2010
Sold by
Mahi Waterway Holdings Inc
Bought by
San Fruttuoso Llc

Purchase Details

Closed on
Feb 29, 2008
Sold by
Brownson Anna L
Bought by
Mahi Waterway Holdings Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$862,500
Interest Rate
5.37%
Mortgage Type
Unknown
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
Cruz Michael $5,050,000 Coral Gables Title
Cruz Michael $5,050,000 Coral Gables Title
Alhambra Corso -- None Listed On Document
Tangredi Vincent $3,500,000 Attorney
San Fruttuoso Llc $1,111,000 Attorney
Mahi Waterway Holdings Inc $1,150,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Corso Alhambra Lp $2,500,000
Previous Owner Mahi Waterway Holdings Inc $862,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2025 01/31/25 Sold $5,050,000 -11.4% $1,188 / Sq Ft
01/02/2025 01/02/25 Pending -- -- --
09/16/2024 09/16/24 For Sale $5,700,000 -- $1,341 / 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 $71,427 $4,277,341 -- --
2024 $59,365 $3,888,492 $2,790,000 $1,098,492
2023 $59,365 $3,064,419 $0 $0
2022 $55,029 $2,785,836 $0 $0
2021 $47,935 $2,532,579 $0 $0
2020 $43,509 $2,302,345 $1,440,000 $862,345
2019 $53,119 $2,763,664 $1,890,000 $873,664
2018 $47,199 $2,503,082 $1,620,000 $883,082
2017 $25,923 $1,334,614 $0 $0
2016 $28,982 $1,314,020 $0 $0
2015 $29,349 $1,194,564 $0 $0
2014 $27,367 $1,085,968 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2025

    Jessica Adams

    Douglas Elliman

  • L

    Buyer's Agent in 2025

    Lori Prepszent

    Compass Florida, LLC.

See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11658939

MIAMI REALTORS® MLS

APN: 03-4130-008-0090

Florida Miami/Dade County Coral Gables 33146 Lower Riviera

1261 S Alhambra Cir, Coral Gables, FL

This home is located at 1261 S Alhambra Cir, Coral Gables, FL 33146 since 16 September 2024 and is currently estimated at $5,578,390, approximately $1,312 per square foot. This property was built in 1957. 1261 S Alhambra Cir is a home located in Miami-Dade County with nearby schools including Sunset Elementary School, 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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