$380,000
SOLD OCT 18, 2024

University Inn Condominium 1280 S Alhambra Cir Unit 1411 Coral Gables, FL 33146

Lower Riviera Neighborhood
1 Bed
1 Bath
620 Sq Ft
$563/mo HOA Fee

Recently Sold

$613 Per Sq Ft

5% Below List Price

13 Days on Market

Highlights

  • Clubhouse
  • Community Pool
  • Bathtub
  • Sunset Elementary School Rated A
  • Balcony
  • Views

About This Home

As of October 2024

Outstanding investment opportunity to own a fully remodeled 1-bedroom, 1-bathroom unit in Coral Gables' University Inn Condominium. Currently rented at $1,950 per month to a long-term tenant, the unit has the potential to rent for $2,250, offering immediate income with room for growth. The interior features sleek laminate floors, an updated kitchen and baths, and a newer A/C system, plus a locked storage space. A one-car garage and additional parking space add convenience and value, a rare find in the area. The property is centrally located near major expressways, the University of Miami, shopping, dining, and entertainment, making it a prime rental location for students, faculty, and professionals.. Don’t miss the chance to own this gem in Coral Gables—schedule your showing today!

Last Agent to Sell the Property

Mate Granic

Keller Williams Realty International Lifestyles License #3292325 Listed on: 09/03/2024

Keller Williams Realty International Lifestyles

Co-Listed By

Linda Maria Erice

Miami Portfolio Collection License #3024593

Last Buyer's Agent

Mate Granic

Keller Williams Realty International Lifestyles License #3292325 Listed on: 09/03/2024

Keller Williams Realty International Lifestyles

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,254

Year Built

  • Built in 1990

HOA Fees

  • $563 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Detached Carport Space

Home Design

  • Entry on the 4th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 620 Sq Ft Home
  • 4-Story Property
  • Combination Dining and Living Room
  • Property Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub

Schools

  • Sunset Elementary School
  • Ponce De Leon Middle School
  • Coral Gables High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Balcony
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 03-41-30-028-0680

Community Details

Overview

  • Low-Rise Condominium
  • Universityinn Condominium Condos
  • University Inn Condo Subdivision

Amenities

  • Clubhouse
  • Lobby
  • Elevator

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,254

Year Built

Built in 1990

Lot Details

0

HOA Fees

$563 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1990
  • Property Sub Type: Condominium
  • Carport Y N: Yes
  • Co List Office Mls Id: KWPC01
  • Co List Office Phone: 305-570-4305
  • Directions: Please use Waze, Google Maps or the GPS of your preference.
  • Entry Level: 4
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: UNIVERSITY INN CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Lobby, First Floor Entry, Elevator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 620
  • Possible Use: Investment
  • Stories: 4
  • Bedroom Features: Primary Bath Tub
  • Dining Room Features: Dining/Living Room

Exterior Features

  • View: Other View
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Park Building Name: UNIVERSITYINN CONDOMINIUM
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Detached Carport, 2 Or More Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Card Entry

Condo/Co-op/Association

  • Association Fee: 563
  • Amenities: Clubhouse-Clubroom, Elevator(s), Pool, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

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

Lot Info

  • Parcel Number: 03-41-30-028-0680
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4254

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2024
Closed on
Oct 15, 2024
Sold by
Patel Angeli N
Bought by
1411 University Llc
Seller's Agent
Mate Granic
Keller Williams Realty International Lifestyles
Buyer's Agent
Mate Granic
Keller Williams Realty International Lifestyles
List Price
$400,000
Sold Price
$380,000
Premium/Discount to List
-$20,000
-5%
Views
8
Current Estimated Value
$377,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,014
Avg. Annual Appreciation
1.52%

Purchase Details

Closed on
Jan 6, 2022
Sold by
Longo Dolores M
Bought by
Patel Angeli N

Purchase Details

Closed on
Aug 19, 1994
Sold by
1St Reserve Ltd Ptnr&1988
Bought by
Longo Dolores M
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $380,000 None Listed On Document
Warranty Deed $232,000 Zimmett & Zimmett Pa
Deed $101,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $123,900 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2024 10/18/24 Sold $380,000 -5.0% $613 / Sq Ft
09/16/2024 09/16/24 Pending -- -- --
09/03/2024 09/03/24 For Sale $400,000 -- $645 / 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 $4,810 $292,239 -- --
2024 $4,254 $251,385 -- --
2023 $4,254 $228,532 $0 $0
2022 $3,535 $189,350 $0 $0
2021 $3,339 $173,750 $0 $0
2020 $3,475 $180,490 $0 $0
2019 $3,672 $193,228 $0 $0
2018 $3,240 $171,588 $0 $0
2017 $3,439 $180,027 $0 $0
2016 $3,508 $180,027 $0 $0
2015 $3,417 $171,990 $0 $0
2014 $3,355 $160,675 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mate Granic

    Seller's Agent in 2024

    Mate Granic

    Keller Williams Realty International Lifestyles

    (305) 924-3393

    2 in this area

    81 Total Sales

    Mate Granic
    Section Image
  • Linda Maria Erice

    Seller Co-Listing Agent in 2024

    Linda Maria Erice

    Miami Portfolio Collection

    (786) 229-7876

    3 in this area

    100 Total Sales

    Linda Maria Erice
    Section Image
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About University Inn Condominium

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11652201

MIAMI REALTORS® MLS

APN: 03-4130-028-0680

Florida Miami/Dade County Coral Gables 33146 Lower Riviera

1280 S Alhambra Cir Unit 1411, Coral Gables, FL

This home is located at 1280 S Alhambra Cir Unit 1411, Coral Gables, FL 33146 and is currently priced at $380,000, approximately $612 per square foot. This property was built in 1990. 1280 S Alhambra Cir Unit 1411 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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