NOT LISTED FOR SALE

Estimated Value: $9,588,351

-- Bed
-- Bath
-- Sq Ft
7,492 Sq Ft Lot

Highlights

  • End Unit
  • No HOA
  • Cooling Available
  • Coral Gables Preparatory Academy Rated A-
  • Complete Panel Shutters or Awnings
  • 3-minute walk to Pittman Park

About This Home

As of June 2019

540 Sq. ft. Private Office suite in the Heart of Downtown Coral Gables in a Boutique Office Building. The space has an entrance room connected to two offices and a closet. Full Service lease including electricity and daily janitorial.

Last Agent to Rent the Property

Trae Kerdyk

Kerdyk Real Estate, Inc. License #3353507 Listed on: 12/06/2018

Last Renter's Agent

Bryan Medina

MMLS Assoc.-Inactive Member License #3318248

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $61,447

Year Built

  • Built in 1955

Lot Details

  • End Unit
  • Property is zoned 6400

Flooring

  • Carpet
  • Vinyl

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • Reception Area

Listing and Financial Details

  • Tenant pays for inside insurance, telephone, sales tax
  • 1 To 3 Year Lease,4 To 6 Year Lease Lease Term
  • Assessor Parcel Number 03-41-08-007-2290

Property Details

Property Type

Other

Est. Annual Taxes

$61,447

Year Built

Built in 1955

Lot Details

0

Rental Info

  • Tenant Pays: Inside Insurance, Telephone, Sales Tax
  • Lease Term: 1 To 3 Year Lease,4 To 6 Year Lease

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 1955
  • Ownership: Limited Partnership
  • Property Sub Type: Lease
  • Business Type: Office Space, Professional
  • Co List Office Phone: 305-446-2586
  • Horses: No
  • Inclusions: Leases
  • Lease Assignable: No
  • New Construction: No
  • Structure Type: Commercial, Lease
  • ResoPropertyType: CommercialSale
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Vinyl
  • Possible Use: Primary
  • Window Features: Complete Panel Shutters/Awnings

Exterior Features

  • Roof: Other
  • Common Walls: End Unit
  • Lot Features: Central Business District, Near Airport
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Parking Features: None

Utilities

  • Sewer: Other
  • Water Source: Public
  • Green Building Features: Janitorial Service, Reception Area
  • Cooling: Central Building A/C
  • Cooling Y N: Yes
  • Electric: 101-200 Amps
  • Electricity On Property: Yes
  • Heating: Central Building A/C
  • Heating Yn: Yes
  • Security: Other Fire Protection

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 03-41-08-007-2290
  • Current Use: Commercial Lease
  • Land Lease: No
  • Zoning: 6400
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2020
Sold by
Alhambra Circle Investments Llc
Bought by
147 Alhambra Plc Llc
Current Estimated Value
$9,588,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,900,000
Outstanding Balance
$3,484,485
Interest Rate
2.9%
Mortgage Type
Construction
Estimated Equity
$6,103,866

Purchase Details

Closed on
Jun 5, 2002
Sold by
Ware Family Investments Ltd C
Bought by
Alhambra Circle Investments Ll

Purchase Details

Closed on
May 21, 1997
Sold by
Ware Rhoda C
Bought by
Ware Family Investments Ltd
Source: Public Records

Range of Values:

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Average Value
Not Available
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
147 Alhambra Plc Llc $5,275,000 Upland Title Agency Llc
Alhambra Circle Investments Ll $1,200,000 --
Ware Family Investments Ltd $1,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 147 Alhambra Plc Llc $1,500,000
Open 147 Alhambra Plc Llc $3,900,000
Previous Owner Alhambra Circle Investments Llc $960,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2019 06/12/19 Rented $29 -3.3% --
12/05/2018 12/05/18 For Rent $30 -- --
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
2024 $61,447 $2,993,827 $2,152,500 $841,327
2023 $61,447 $3,029,503 $2,062,500 $967,003
2022 $61,990 $3,332,600 $1,875,000 $1,457,600
2021 $63,719 $3,332,600 $1,875,000 $1,457,600
2020 $59,645 $3,107,600 $1,650,000 $1,457,600
2019 $56,958 $2,957,600 $1,500,000 $1,457,600
2018 $63,478 $3,905,040 $1,500,000 $2,405,040
2017 $57,196 $2,800,642 $0 $0
2016 $56,564 $2,833,699 $0 $0
2015 $57,053 $2,783,000 $0 $0
2014 $56,881 $2,662,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10581772

MIAMI REALTORS® MLS

APN: 03-4108-007-2290