NOT LISTED FOR SALE

Estimated Value: $854,000 - $1,070,575

3 Beds
2 Baths
1,702 Sq Ft
$1,306/mo HOA Fee

Last Sold September 12, 2022

Last sale price $850,000 $499 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $7,594/month

143 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • 2 Car Attached Garage
  • Coral Gables Preparatory Academy Rated A-
  • Marble Flooring
  • 3-minute walk to Phillips Park

About This Home

As of September 2022

Rarely ever available! This large Ponce Tower 3 bedroom unit with a direct private elevator offers spectacular views of the Coral Gables northwest side of the city. Travertine marble and wood flooring throughout the unit, high 11 foot ceiling, crown molding, a large pantry closet and custom made master closet with 3 balconies to enjoy. Sale includes 2 assigned parking spaces and 1 assigned storage locker. Building is conveniently located where the free trolley stops. Buyer(s) must agree to a 1 year lease back option.

Last Agent to Sell the Property

Margarita Lozano

RE/MAX Advance Realty II License #3267898 Listed on: 04/21/2022

RE/MAX Advance Realty II

Last Buyer's Agent

Vanessa Kayes

BHHS EWM Realty License #3311576

BHHS EWM Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,353

Year Built

  • Built in 2008

HOA Fees

  • $1,306 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Deeded Parking
  • Assigned Parking

Home Design

  • Entry on the 8th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,702 Sq Ft Home
  • Built-In Features
  • Combination Dining and Living Room
  • Marble Flooring
  • Property Views

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry
  • 2 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Bathtub
  • Shower Only in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Schools

  • Coral Gables Elementary School
  • Coral Gables Prep Academy Middle School
  • Coral Gables High School

Additional Features

  • Accessible Elevator Installed
  • West Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 03-41-08-120-0110

Community Details

Overview

  • 133 Units
  • High-Rise Condominium
  • Ponce Tower Condos
  • The Ponce Tower Condo Subdivision
  • 14-Story Property

Amenities

  • Clubhouse
  • Billiard Room
  • Community Center
  • Party Room
  • Elevator

Recreation

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Card or Code Access
  • Complete Impact Glass
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,353

Year Built

Built in 2008

Lot Details

0

HOA Fees

$1,306 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2008
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: Travel on Ponce de Leon Blvd. The Ponce Tower Building is located on the east side of the blvd. Main entrance is on Maderia Ave. City parking available .
  • Entry Level: 8
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: THE PONCE TOWER CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry
  • Accessibility Features: Accessible Elevator Installed
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 1702
  • Other Equipment: Elevator
  • Possible Use: Investment
  • Stories: 14
  • Window Features: Clear Impact Glass, Complete Impact Glass
  • Bedroom Features: Master Bath Shower, Master Bath Tub
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Other View
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Ponce Tower
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Assigned, Deeded

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, Card Entry

Condo/Co-op/Association

  • Association Fee: 1306
  • Amenities: Billiard Room, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room
  • 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: Coral Gables Prep Academy

Lot Info

  • Parcel Number: 03-41-08-120-0110
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Multi Family

  • Number Of Units In Community: 133
  • Number Of Units Total: 133

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 8353

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2022
Closed on
Aug 9, 2022
Sold by
Ortrud Warren Trust
Bought by
Piantini Albert J
Seller's Agent
Margarita Lozano
RE/MAX Advance Realty II
Buyer's Agent
Vanessa Kayes
BHHS EWM Realty
List Price
$975,000
Sold Price
$850,000
Premium/Discount to List
-$125,000
-12.82%
Views
2
Current Estimated Value
$962,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,644
Avg. Annual Appreciation
4.15%
Original Mortgage
$550,000
Outstanding Balance
$524,722
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$437,922

Purchase Details

Closed on
Jul 27, 2012
Sold by
Villa Ponce Reph Llc
Bought by
Warren W Robert

Purchase Details

Closed on
Mar 30, 2012
Sold by
Villa Ponce Llc
Bought by
Villa Ponce Reph Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Piantini Albert J $850,000 --
Piantini Albert J $850,000 None Listed On Document
Warren W Robert $550,000 Attorney
Villa Ponce Reph Llc $368,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Piantini Albert J $550,000
Closed Piantini Albert J $550,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2022 09/12/22 Sold $850,000 -12.8% $499 / Sq Ft
06/20/2022 06/20/22 For Sale $975,000 +14.7% $573 / Sq Ft
06/19/2022 06/19/22 Off Market $850,000 -- --
06/17/2022 06/17/22 For Sale $975,000 0.0% $573 / Sq Ft
06/01/2022 06/01/22 Off Market $975,000 -- --
04/22/2022 04/22/22 For Sale $975,000 +14.7% $573 / Sq Ft
04/21/2022 04/21/22 Off Market $850,000 -- --
04/21/2022 04/21/22 For Sale $975,000 -- $573 / 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 $14,207 $827,043 -- --
2024 $12,583 $751,858 -- --
2023 $12,583 $683,508 $0 $0
2022 $8,383 $495,327 $0 $0
2021 $8,353 $480,900 $0 $0
2020 $9,061 $517,097 $0 $0
2019 $9,134 $519,757 $0 $0
2018 $8,738 $510,066 $0 $0
2017 $8,658 $499,575 $0 $0
2016 $8,641 $489,300 $0 $0
2015 $8,742 $485,899 $0 $0
2014 $8,859 $482,043 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11192757

MIAMI REALTORS® MLS

APN: 03-4108-120-0110