NOT LISTED FOR SALE

Estimated Value: $626,000 - $661,000

2 Beds
2 Baths
1,128 Sq Ft
$1,097/mo HOA Fee

Last Sold August 06, 2024

Last sale price $620,000 $550 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,893/month

102 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Garden View
  • Coral Gables Preparatory Academy Rated A-
  • Clubhouse
  • 2-minute walk to Phillips Park

About This Home

As of August 2024

Welcome to your dream condo in the heart of Coral Gables! This 2-bedroom, 2-bathroom condo boasts a spacious living area flooded with natural light. From the moment you enter from your private entry, you'll be captivated by the panoramic vistas that stretch across Coral Gables and beyond. Whether it's sunrise over the city skyline or sunset casting hues over the horizon, every moment is a picture-perfect masterpiece from your own private oasis. Convenience is at your doorstep with this condo's prime location just a short stroll away from Miracle Mile. Indulge in the vibrant energy of one of Miami's most iconic destinations, where world-class dining, shopping, and entertainment await. With every amenity imaginable within walking distance, you'll experience the ultimate Gables lifestyle.

Last Agent to Sell the Property

Joseph Vairo

Douglas Elliman License #3479520 Listed on: 04/25/2024

Douglas Elliman

Co-Listed By

Michele Vairo

Douglas Elliman License #3354557

Last Buyer's Agent

Daniela Fernandez

One Sotheby's International Realty License #3279117

One Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,773

Year Built

  • Built in 2008

HOA Fees

  • $1,097 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit
  • Assigned Parking

Interior Spaces

  • 1,128 Sq Ft Home
  • Partially Furnished
  • Built-In Features
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Tile Flooring
  • Garden Views
  • Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • <<builtInOvenToken>>
  • Electric Range
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Closet Cabinetry
  • 2 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Courtyard
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 03-41-08-121-0230

Community Details

Overview

  • Association fees include amenities, common areas, insurance, maintenance structure, recreation facilities, sewer, security, trash, water
  • The Ponce De Leon Condo Subdivision
  • 15-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Elevator

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,773

Year Built

Built in 2008

Lot Details

0

HOA Fees

$1,097 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Heading south on Ponce De Leon building will be on the left. Just north of Miracle Mile.
  • Year Built: 2008
  • Entry Level: 12
  • Property Attached Yn: Yes
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Bedroom on Main Level, Breakfast Area, Closet Cabinetry, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Living/Dining Room, Main Level Primary, Separate Shower, Elevator
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Furnished: Partially
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1128.0
  • Stories: 15
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Balcony, Courtyard
  • View: Garden, Other
  • Pool Features: Association
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Attached, Covered, Garage, Two or More Spaces

Utilities

  • Security: Elevator Secured, Key Card Entry, Lobby Secured
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 1097.0
  • Community Features: Gated
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Pool, Sauna, Spa/Hot Tub, Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No Pet Restrictions, Yes

Fee Information

  • Association Fee Includes: Amenities, Common Areas, Insurance, Maintenance Structure, Recreation Facilities, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 03-41-08-121-0230

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2773.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2024
Closed on
Jul 26, 2024
Sold by
Trust Creator Inc and Paul L Scaglia Revocable Living Trust
Bought by
Melnichuk Thomas and Melnichuk Cindy
Seller's Agent
Joseph Vairo
Douglas Elliman
Buyer's Agent
Daniela Fernandez
One Sotheby's International Realty
List Price
$675,000
Sold Price
$620,000
Premium/Discount to List
-$55,000
-8.15%
Views
39
Current Estimated Value
$645,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,495
Avg. Annual Appreciation
4.43%

Purchase Details

Closed on
Oct 25, 2014
Sold by
Scaglia Paul L
Bought by
Scaglia Paul L

Purchase Details

Closed on
Feb 15, 2012
Sold by
Coral Gables Holding & Investments 12 Ll
Bought by
Scaglia Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$483,000
Interest Rate
4%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Dec 17, 2010
Sold by
Ponce De Leon 1607 Llc
Bought by
Coral Gables Holding & Investments 12 Ll

Purchase Details

Closed on
Oct 6, 2010
Sold by
1607 Ponce De Leon Partners Llc
Bought by
Ponce De Leon 1607 Llc
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
Melnichuk Thomas $620,000 Florida Secured Title
Scaglia Paul L -- Attorney
Scaglia Paul $322,000 Attorney
Coral Gables Holding & Investments 12 Ll -- Attorney
Ponce De Leon 1607 Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scaglia Paul $483,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2024 08/06/24 Sold $620,000 -8.1% $550 / Sq Ft
04/25/2024 04/25/24 For Sale $675,000 -- $598 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $2,773 $478,698 -- --
2023 $2,773 $218,123 $0 $0
2022 $2,577 $211,770 $0 $0
2021 $2,552 $205,602 $0 $0
2020 $2,511 $202,764 $0 $0
2019 $2,433 $198,206 $0 $0
2018 $2,289 $194,511 $0 $0
2017 $2,259 $190,511 $0 $0
2016 $2,246 $186,593 $0 $0
2015 $2,275 $185,296 $0 $0
2014 $2,311 $183,826 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10436344

BeachesMLS (Greater Fort Lauderdale)

APN: 03-4108-121-0230