NOT LISTED FOR SALE

1650 Coral Way Unit PH7 Coral Gables, FL 33145

Coral Way Neighborhood

Estimated Value: $488,000 - $611,901

2 Beds
2 Baths
1,423 Sq Ft
$617/mo HOA Fee

Last Sold November 29, 2022

Last sale price $510,000 $358 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,231/month

48 Days on Market

Highlights

  • Ocean View
  • Penthouse
  • Marble Flooring
  • Fitness Center
  • Sitting Area In Primary Bedroom
  • Billiard Room

About This Home

As of November 2022

Rarely Available, beautiful, 2-story penthouse in the heart of Coral Gables! Featuring an open layout and an enormous private terrace overlooking Coral Gables and Biscayne Bay. This home features beautiful marble floors on the first floor and real hardwood floors throughout the stairs and bedrooms. The kitchen has updated counters and appliances along with a washer and dryer inside the unit. The loft was converted into a spacious second bedroom with a closet. Built in 2002, Marbella is located minutes from Brickell and Coconut Grove, and has all the amenities you need including a gym, billiard lounge, recreation room, gated parking and onsite management office. This incredible penthouse comes with 2 GARAGE PARKING SPACES!!! Don't miss this opportunity to own a luxurious penthouse in Miami!

Last Agent to Sell the Property

Eric Hunter

CRANELUXE License #3356592 Listed on: 09/10/2022

Last Buyer's Agent

Leon Damjanovic

Compass Florida, LLC License #3362326

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,828

Year Built

  • Built in 2002

HOA Fees

  • $617 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener
  • Secured Garage or Parking
  • Assigned Parking

Property Views

  • Ocean
  • Skyline

Home Design

  • Penthouse
  • Entry on the 9th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,423 Sq Ft Home
  • Marble Flooring
  • Video Cameras
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Balcony

Listing and Financial Details

  • Assessor Parcel Number 01-41-14-030-0570

Community Details

Overview

  • Mid-Rise Condominium
  • Marbella Condo
  • Marbella Condo Subdivision
  • 9-Story Property

Amenities

  • Billiard Room
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Breed Restrictions

Security

  • Phone Entry
  • Secure Elevator
  • Complex Is Fenced
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,828

Year Built

Built in 2002

Lot Details

0

HOA Fees

$617 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2002
  • Property Sub Type: Condominium
  • Architectural Style: Penthouse
  • Entry Level: 9
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: MARBELLA CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Elevator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 1423
  • Other Equipment: Automatic Garage Door Opener, Elevator
  • Possible Use: Primary
  • Stories: 9
  • Bedroom Features: Sitting Area - Master Bedroom, Master Bedroom Upstairs, Master Bath Shower, Master Bath Tub

Exterior Features

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

Garage/Parking

  • Park Building Name: MARBELLA CONDO
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Assigned, Covered

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, Complex Fenced, Elevator Secure, Phone Entry, Secured Garage/Parking, TV Camera

Condo/Co-op/Association

  • Association Fee: 617
  • Amenities: Billiard Room, Elevator(s), Exercise Room
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-14-030-0570
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5828

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2022
Closed on
Nov 30, 2022
Sold by
Gonzalez Bibiana and Gonzalez Ricardo
Bought by
Shehu Nelson Alba and Nelson Sean B
Seller's Agent
Eric Hunter
CRANELUXE
Buyer's Agent
Leon Damjanovic
Compass Florida, LLC
List Price
$520,000
Sold Price
$510,000
Premium/Discount to List
-$10,000
-1.92%
Views
48
Current Estimated Value
$546,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,975
Avg. Annual Appreciation
2.50%
Original Mortgage
$408,000
Outstanding Balance
$396,046
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$150,929

Purchase Details

Closed on
Mar 27, 2013
Sold by
Gonzalez Badillo Bibiana and Sanchez Ricardo
Bought by
Gonzalez Bibiana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2011
Sold by
Vera Carmen
Bought by
Badillo Bibiana Gonzalez

Purchase Details

Closed on
Sep 2, 2005
Sold by
Avondstondt Andre E
Bought by
Vera Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.86%
Mortgage Type
Fannie Mae Freddie Mac
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
Shehu Nelson Alba $510,000 Florida Title Professionals
Gonzalez Bibiana -- Patch Reef Title Company Inc
Badillo Bibiana Gonzalez $170,000 Titles Unlimited Inc
Vera Carmen $400,000 Xpress Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shehu Nelson Alba $408,000
Previous Owner Gonzalez Bibiana $165,000
Previous Owner Vera Carmen $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2022 11/29/22 Sold $510,000 -1.9% $358 / Sq Ft
10/28/2022 10/28/22 Pending -- -- --
10/24/2022 10/24/22 For Sale $520,000 0.0% $365 / Sq Ft
10/07/2022 10/07/22 Pending -- -- --
09/10/2022 09/10/22 For Sale $520,000 0.0% $365 / Sq Ft
07/15/2020 07/15/20 Rented $2,399 0.0% --
07/15/2020 07/15/20 Under Contract -- -- --
05/15/2020 05/15/20 For Rent $2,399 +11.6% --
07/15/2019 07/15/19 Rented $2,150 -6.3% --
07/03/2019 07/03/19 Under Contract -- -- --
06/17/2019 06/17/19 Price Changed $2,295 -2.3% $2 / Sq Ft
05/28/2019 05/28/19 Price Changed $2,350 -6.0% $2 / Sq Ft
05/13/2019 05/13/19 For Rent $2,500 -- --
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 $8,430 $420,800 -- --
2024 $8,650 $420,800 -- --
2023 $8,650 $420,800 $0 $0
2022 $6,486 $356,619 $0 $0
2021 $5,828 $274,322 $0 $0
2020 $5,843 $274,322 $0 $0
2019 $2,616 $164,189 $0 $0
2018 $2,496 $161,128 $0 $0
2017 $2,459 $157,814 $0 $0
2016 $2,465 $154,569 $0 $0
2015 $2,492 $153,495 $0 $0
2014 $2,519 $152,277 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2022

    Eric Hunter

    CRANELUXE

    (305) 529-6245

    1 in this area

    20 Total Sales

    Eric Hunter
    Section Image
  • Leon Damjanovic

    Buyer's Agent in 2022

    Leon Damjanovic

    Compass Florida, LLC

    (305) 330-4791

    3 in this area

    39 Total Sales

    Leon Damjanovic
    Section Image
  • Steve Gabison

    Seller's Agent in 2020

    Steve Gabison

    BlueBay Brokers, LLC.

    (305) 438-7777

    22 Total Sales

    Steve Gabison
    Section Image
  • Juan Guzmán

    Buyer's Agent in 2019

    Juan Guzmán

    Haute Real Estate, Inc.

    (786) 316-9992

    9 Total Sales

    Juan Guzmán
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11270250

MIAMI REALTORS® MLS

APN: 01-4114-030-0570

Florida Miami/Dade County Coral Gables 33145 Coral Way

1650 Coral Way Unit PH7, Coral Gables, FL

This home is located at 1650 Coral Way Unit PH7, Coral Gables, FL 33145 since 10 September 2022 and is currently estimated at $546,975, approximately $384 per square foot. This property was built in 2002. 1650 Coral Way Unit PH7 is a home located in Miami-Dade County with nearby schools including Coral Way K-8 Center, Shenandoah Middle School, and Miami 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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