NOT LISTED FOR SALE

1607 Ponce de Leon Blvd Unit 8F Coral Gables, FL 33134

Douglas Neighborhood

Estimated Value: $665,053 - $693,000

2 Beds
2 Baths
1,174 Sq Ft
2008 Built

Last Sold June 28, 2021

Last sale price $462,500 $394 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,323/month

148 Days on Market

Highlights

  • Doorman
  • Bar or Lounge
  • Skyline View
  • Coral Gables Preparatory Academy Rated A-
  • Fitness Center
  • 3-minute walk to Phillips Park

About This Home

As of June 2021

DEAL FELL THROUGH, BACK ON THE MARKET!
Amazing views from this corner unit at The Ponce De Leon Condo. Coveted "F" line offers oversized windows and floor-to-ceiling sliding doors in the living room allowing natural light throughout. This split plan home is spacious and features large walk-in closets in both bedrooms. There is a laundry room and a private elevator foyer. The price includes two parking spaces (504 & 512).

Last Agent to Sell the Property

Rosy Cancela

Coldwell Banker Realty License #0574234 Listed on: 09/23/2020

Coldwell Banker Realty

Last Buyer's Agent

olivier lubeigt

Miami Global Realty Inc License #3256258

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,416

Year Built

  • Built in 2008

Parking

  • 2 Car Attached Garage
  • Secured Garage or Parking
  • Guest Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,174 Sq Ft Home
  • Ceiling Fan
  • Double Hung Metal Windows
  • Sliding Windows
  • Combination Dining and Living Room
  • Marble Flooring
  • Skyline Views

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Balcony
  • West Facing Home

Listing and Financial Details

  • Assessor Parcel Number 03-41-08-121-0450

Community Details

Overview

  • Property has a Home Owners Association
  • 70 Units
  • High-Rise Condominium
  • The Ponce De Leon Condo
  • The Ponce De Leon Condo Subdivision
  • The community has rules related to no motorcycles, no recreational vehicles or boats, no trucks or trailers
  • 14-Story Property

Amenities

  • Doorman
  • Trash Chute
  • Bar or Lounge

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

  • Maintenance Expense $958

Security

  • Secure Elevator
  • High Impact Windows
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,416

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2008
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Entry Level: 8
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: THE PONCE DE LEON CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: First Floor Entry, Split Bedroom, Walk-In Closet(s), Utility Room/Laundry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 1174
  • Possible Use: Primary
  • Stories: 14
  • Window Features: Complete Impact Glass, Double Hung Metal, High Impact Windows, Impact Glass, Sliding
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room, Snack Bar/Counter
  • Living Room Features: Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • View: Skyline
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: The Ponce De Leon Condo
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Covered, Guest, No Motorcycle, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Doorman, Elevator Secure, Secured Garage/Parking

Condo/Co-op/Association

  • Amenities: Bar, Exercise Room, Pool, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

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

Lot Info

  • Parcel Number: 03-41-08-121-0450
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Multi Family

  • Maintenance Expense: 958
  • Number Of Units In Community: 70
  • Number Of Units Total: 70

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6416

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2020
Closed on
Jun 28, 2021
Sold by
Socherman Sharon Fisher and Sharon Fisher Revocable Trust
Bought by
Osorno Andrea
Seller's Agent
Rosy Cancela
Coldwell Banker Realty
Buyer's Agent
olivier lubeigt
Miami Global Realty Inc
List Price
$485,000
Sold Price
$462,500
Premium/Discount to List
-$22,500
-4.64%
Current Estimated Value
$692,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,052
Avg. Annual Appreciation
10.02%
Original Mortgage
$339,750
Outstanding Balance
$309,604
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$375,718

Purchase Details

Listed on
Dec 22, 2018
Closed on
Mar 4, 2019
Sold by
Nascimento Antonio and Tavares Danielle Santos
Bought by
Revoca Socherman Sharon Fisher
Seller's Agent
Bruce Lieb
Berkshire Hathaway HomeServices Florida Realty
Buyer's Agent
Rosy Cancela
Coldwell Banker Realty
List Price
$439,900
Sold Price
$430,000
Premium/Discount to List
-$9,900
-2.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.19%

Purchase Details

Closed on
Feb 22, 2012
Sold by
Gables Investment Properties 89 Llc
Bought by
Nascimento Antonio and Tavares Danielle Santos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2010
Sold by
Ponce De Leon 1607 Llc
Bought by
Gables Investment Properties 89 Llc

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
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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
Osorno Andrea $462,500 Rte Title Company
Revoca Socherman Sharon Fisher $430,000 Sunbelt Title Agency
Nascimento Antonio $360,000 Attorney
Gables Investment Properties 89 Llc -- Attorney
Ponce De Leon 1607 Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osorno Andrea $339,750
Previous Owner Nascimento Antonio $288,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2021 06/28/21 Sold $462,500 -1.6% $394 / Sq Ft
03/22/2021 03/22/21 Price Changed $470,000 -3.1% $400 / Sq Ft
03/22/2021 03/22/21 For Sale $485,000 0.0% $413 / Sq Ft
02/18/2021 02/18/21 Pending -- -- --
09/23/2020 09/23/20 For Sale $485,000 +12.8% $413 / Sq Ft
03/04/2019 03/04/19 Sold $430,000 -2.3% $366 / Sq Ft
02/12/2019 02/12/19 Pending -- -- --
12/22/2018 12/22/18 For Sale $439,900 -- $375 / 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 $6,388 $399,278 -- --
2024 $6,219 $388,026 -- --
2023 $6,219 $376,725 $0 $0
2022 $6,012 $365,753 $0 $0
2021 $6,257 $328,800 $0 $0
2020 $6,274 $328,804 $0 $0
2019 $6,416 $335,514 $0 $0
2018 $6,664 $356,930 $0 $0
2017 $6,749 $356,930 $0 $0
2016 $6,885 $356,930 $0 $0
2015 $7,016 $356,930 $0 $0
2014 $6,982 $341,407 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10931944

MIAMI REALTORS® MLS

APN: 03-4108-121-0450