NOT LISTED FOR SALE

Estimated Value: $1,129,000 - $1,817,646

3 Beds
3.5 Baths
2,201 Sq Ft
$1,450/mo HOA Fee

Last Sold November 23, 2021

Last sale price $1,200,000 $545 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $11,731/month

202 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Marble Flooring
  • Coral Gables Preparatory Academy Rated A-
  • Skyline View
  • 3-minute walk to Phillips Park

About This Home

As of November 2021

Elegance and Style are all over this Penthouse at Ponce Towers in the Gables. Come into your abode in your private elevator and be breathtaking by the beautiful skyline during day and night from all over the unit. Marble floors throughout 3 bedrooms, 3.5 bathrooms, 2200+ sq ft., 11-foot ceiling with plenty of closet space. Private laundry room with top of the line washer/dryer. Kitchen has all Kenmore elite stainless steel appliances with wine cooler. The unit is only one of two penthouses in the building and comes with 3 private parking spaces.

Last Agent to Sell the Property

Luis Power

MMLS Assoc.-Inactive Member License #3297662 Listed on: 05/05/2021

Co-Listed By

Antonio Perez

Best Investment Realty, Inc. License #0575783

Last Buyer's Agent

Adriana Brito

Fortune International Realty License #3108537

Fortune International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,925

Year Built

  • Built in 2008

HOA Fees

  • $1,450 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Secured Garage or Parking
  • On-Street Parking
  • Open Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,201 Sq Ft Home
  • Furniture for Sale
  • Built-In Features
  • Drapes & Rods
  • Marble Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • West Facing Home

Listing and Financial Details

  • Assessor Parcel Number 03-41-08-120-1100

Community Details

Overview

  • The Ponce Tower Condo
  • The Ponce Tower Condo Subdivision
  • 15-Story Property

Amenities

  • Doorman
  • Lobby
  • Secure Lobby
  • Interior Hall

Recreation

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Additional Features

  • Maintenance Expense $1,497
  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,925

Year Built

Built in 2008

Lot Details

0

HOA Fees

$1,450 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2008
  • Property Sub Type: Condominium
  • Co List Office Mls Id: BSTI01
  • Co List Office Phone: 305-471-8914
  • Entry Level: 15
  • 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: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Interior Hall, Lobby, Built-in Features, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Marble
  • Furnished: Furniture For Sale
  • Living Area: 2201
  • Possible Use: Primary
  • Stories: 15
  • Window Features: Drapes
  • Bedroom Features: At Least 1 Bedroom Ground Level, Master Bedroom Upstairs

Exterior Features

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

Garage/Parking

  • Park Building Name: THE PONCE TOWER CONDO
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: 2 Or More Spaces, On Street

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Doorman, Elevator Secure, Secured Garage/Parking, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 1450
  • Amenities: Elevator(s), Exercise Room
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 03-41-08-120-1100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Multi Family

  • Maintenance Expense: 1497

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 16925

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2021
Closed on
Nov 18, 2021
Sold by
L & Y Power Investments Inc
Bought by
Ventura Adam
Seller's Agent
Luis Power
MMLS Assoc.-Inactive Member
Buyer's Agent
Adriana Brito
Fortune International Realty
List Price
$1,299,000
Sold Price
$1,200,000
Premium/Discount to List
-$99,000
-7.62%
Current Estimated Value
$1,542,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$342,412
Avg. Annual Appreciation
9.81%
Original Mortgage
$900,000
Outstanding Balance
$829,245
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$881,372

Purchase Details

Closed on
Jun 21, 2013
Sold by
Cdg Gables Llc
Bought by
L & Y Power Investments Inc

Purchase Details

Closed on
Dec 28, 2012
Sold by
Villa Ponce Reph Llc
Bought by
Cdg Gables Llc

Purchase Details

Closed on
Mar 30, 2012
Sold by
Villa Ponce Llc
Bought by
Villa Ponce Reph 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
Ventura Adam $1,200,000 Attorney
L & Y Power Investments Inc $949,000 Attorney
Cdg Gables Llc $545,900 Attorney
Villa Ponce Reph Llc $476,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ventura Adam $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2021 11/23/21 Sold $1,200,000 +0.1% $545 / Sq Ft
07/11/2021 07/11/21 Price Changed $1,199,000 -7.7% $545 / Sq Ft
05/05/2021 05/05/21 For Sale $1,299,000 0.0% $590 / Sq Ft
12/11/2015 12/11/15 Rented $6,500 -3.7% --
11/11/2015 11/11/15 Under Contract -- -- --
10/16/2015 10/16/15 For Rent $6,750 +3.8% --
03/10/2014 03/10/14 Rented $6,500 0.0% --
02/08/2014 02/08/14 Under Contract -- -- --
01/08/2014 01/08/14 For Rent $6,500 -- --
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 $23,301 $1,278,815 -- --
2024 $20,602 $1,193,955 -- --
2023 $20,602 $1,085,414 $0 $0
2022 $18,124 $986,740 $0 $0
2021 $15,743 $833,000 $0 $0
2020 $16,925 $895,724 $0 $0
2019 $16,144 $914,004 $0 $0
2018 $13,688 $737,100 $0 $0
2017 $13,864 $737,100 $0 $0
2016 $14,145 $737,100 $0 $0
2015 $14,413 $737,100 $0 $0
2014 $14,725 $737,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11037805

MIAMI REALTORS® MLS

APN: 03-4108-120-1100