NOT LISTED FOR SALE

Ponce Tower 1805 Ponce de Leon Blvd Unit 817 Coral Gables, FL 33134

Coral Gables Section Neighborhood

Estimated Value: $610,000 - $748,000

2 Beds
2 Baths
1,047 Sq Ft
$907/mo HOA Fee

Last Sold October 16, 2023

Last sale price $590,000 $564 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,191/month

27 Days on Market

Highlights

  • Intercom to Front Desk
  • Wood Flooring
  • Porch
  • Coral Gables Preparatory Academy Rated A-
  • Community Pool
  • 3-minute walk to Phillips Park

About This Home

As of October 2023

This 2-bedroom unit located in the elegant PONCE TOWER building offers uniquely tall 11 foot ceiling, marble flooring, hardware floors and a view of the Coral Gables downtown area and the downtown skyline to the east. The building offers concierge service, gym, game room and social room. For your convenience you have the Coral Gables free trolley that stops right on Ponce de Leon Blvd where the building is located.

Last Agent to Sell the Property

Margarita Lozano

RE/MAX Advance Realty II License #3267898 Listed on: 08/23/2023

RE/MAX Advance Realty II

Last Buyer's Agent

Natalie Khanamirian

Douglas Elliman License #3541484

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,303

Year Built

  • Built in 2008

HOA Fees

  • $907 Monthly HOA Fees

Parking

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

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,047 Sq Ft Home
  • Wood Flooring
  • Property Views

Kitchen

  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 03-41-08-120-0400

Community Details

Overview

  • Club Membership Required
  • High-Rise Condominium
  • Ponce Tower Condos
  • The Ponce Tower Condo Subdivision
  • 15-Story Property

Amenities

  • Trash Chute
  • Intercom to Front Desk
  • Lobby
  • Secure Lobby

Recreation

Pet Policy

  • Breed Restrictions

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,303

Year Built

Built in 2008

Lot Details

0

HOA Fees

$907 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2008
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: Travel on Ponce de Leon Blvd. Then turn east onto Madeira Ave where the building main entrance is located. Meter parking all around Ponce de Leon Blvd and both adjacent street Madeira and Majorica. The building has no guest parking.
  • 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 TOWER CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Interior Amenities: Lobby, First Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 1047
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Investment
  • Stories: 15
  • Window Features: Complete Impact Glass
  • Bedroom Features: Entry Level
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Other View
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Porch
  • Pool Private: Yes
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: PONCE TOWER
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Covered

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, Card Entry, Phone Entry, Fire Alarm, Secured Garage/Parking, Intercom In Lobby, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 907
  • Amenities: Private 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: Coral Gables Prep Academy

Lot Info

  • Parcel Number: 03-41-08-120-0400
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6303

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2023
Closed on
Oct 13, 2023
Sold by
Mancinelli Giuseppe
Bought by
Otte Michael J
Seller's Agent
Margarita Lozano
RE/MAX Advance Realty II
Buyer's Agent
Natalie Khanamirian
Douglas Elliman
List Price
$600,000
Sold Price
$590,000
Premium/Discount to List
-$10,000
-1.67%
Views
233
Current Estimated Value
$667,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,589
Avg. Annual Appreciation
6.17%
Original Mortgage
$438,750
Outstanding Balance
$432,187
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$222,988

Purchase Details

Closed on
Sep 15, 2008
Sold by
Villa Ponce Llc
Bought by
Mancinelli Giuseppe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.62%
Mortgage Type
FHA
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
Otte Michael J $590,000 None Listed On Document
Mancinelli Giuseppe $376,900 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Otte Michael J $438,750
Previous Owner Mancinelli Giuseppe $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2023 10/16/23 Sold $590,000 -1.7% $564 / Sq Ft
09/20/2023 09/20/23 Pending -- -- --
08/23/2023 08/23/23 For Sale $600,000 0.0% $573 / Sq Ft
11/12/2018 11/12/18 Rented $2,450 -2.0% --
10/24/2018 10/24/18 Under Contract -- -- --
09/25/2018 09/25/18 For Rent $2,500 +2.0% --
10/20/2017 10/20/17 Rented $2,450 -2.0% --
10/02/2017 10/02/17 Under Contract -- -- --
08/28/2017 08/28/17 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
2024 $7,164 $499,838 -- --
2023 $7,164 $370,744 $0 $0
2022 $6,303 $337,040 $0 $0
2021 $5,835 $306,400 $0 $0
2020 $5,850 $306,362 $0 $0
2019 $6,170 $322,486 $0 $0
2018 $5,486 $293,169 $0 $0
2017 $5,556 $293,169 $0 $0
2016 $5,668 $293,169 $0 $0
2015 $5,775 $293,169 $0 $0
2014 $5,747 $280,417 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Margarita Lozano

    Seller's Agent in 2023

    Margarita Lozano

    RE/MAX

    (305) 401-2034

    3 in this area

    82 Total Sales

    Margarita Lozano
    Section Image

  • N

    Buyer's Agent in 2023

    Natalie Khanamirian

    Douglas Elliman

    Section Image

  • S

    Seller's Agent in 2018

    Susana Menendez

    MMLS Assoc.-Inactive Member

    Section Image

  • N

    Buyer's Agent in 2018

    Nicole Plummer

    MMLS Assoc.-Inactive Member

See All Agents

About Ponce Tower

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11437513

MIAMI REALTORS® MLS

APN: 03-4108-120-0400

Florida Miami/Dade County Coral Gables 33134 Coral Gables Section

1805 Ponce de Leon Blvd Unit 817, Coral Gables, FL

This home is located at 1805 Ponce de Leon Blvd Unit 817, Coral Gables, FL 33134 since 23 August 2023 and is currently estimated at $667,589, approximately $637 per square foot. This property was built in 2008. 1805 Ponce de Leon Blvd Unit 817 is a home located in Miami-Dade County with nearby schools including Coral Gables Preparatory Academy, Ponce de Leon Middle School, and Coral Gables 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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