NOT LISTED FOR SALE
1 Bed
1 Bath
3,588 Sq Ft
1956 Built

Last Sold June 07, 2022

Last sale price $1,370,000 $382 Per Sq Ft

21 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Heating Available
  • Coral Gables Preparatory Academy Rated A-
  • Cooling Available
  • 1-minute walk to Ponce De Leon Park

About This Home

As of June 2022

INCREDIBLE INVESTMENT OPPORTUNITY - 4-unit apartment building in north Gables off of Ponce with the trolley on the corner. Each unit has its own central ac, and tankless water heating. Easy access to everywhere - Miracle Mile, downtown Miami, Metrorail - new appliances and new roof in the last five years, recently passed 40-year recertification; each unit has a parking space and street parking is residents only; impeccably maintained and fully rented. Hardwood floors in upstairs apartments, beautiful vintage front staircase.

Last Agent to Sell the Property

Patricia Garcia

Equity Real Property and Mgt. License #3251207 Listed on: 05/16/2022

Co-Listed By

Maria Busot

Equity Real Property and Mgt. License #3398393

Last Buyer's Agent

Angelina Escorcia

Luxe Properties License #3429515

Luxe Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,334

Year Built

  • Built in 1956

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Substantially Remodeled
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,588 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Terrazzo
  • Ceramic Tile

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • 4 Units
  • Coral Gables Douglas Sec Condos
  • Coral Gables Douglas Sec,131 Salamanca Ave Subdivision

Listing and Financial Details

  • Rent includes sewer, trash collection, water
  • Assessor Parcel Number 03-41-08-009-2830

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,334

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1956
  • Property Sub Type: Quadruplex
  • Architectural Style: Detached
  • Co List Office Mls Id: ERPP01
  • Co List Office Phone: 786-955-9189
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: CORAL GABLES DOUGLAS SEC,131 Salamanca Ave
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Ceramic Floor, Terrazzo, Wood
  • Living Area: 3588
  • Possible Use: Investment
  • Stories: 2
  • Window Features: Other Windows

Exterior Features

  • Roof: Barrel Roof
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: CORAL GABLES DOUGLAS SEC
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 03-41-08-009-2830
  • Zoning: 5001
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 12334

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4

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

Property History

Date Event Price Change Sq Ft Price
06/07/2022 06/07/22 Sold $1,370,000 -19.4% $382 / Sq Ft
05/16/2022 05/16/22 For Sale $1,700,000 -- $474 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11204356

MIAMI REALTORS® MLS