NOT LISTED FOR SALE

Estimated Value: $609,359

2 Beds
2 Baths
1,023 Sq Ft
2003 Built

Last Sold July 13, 2022

Last sale price $500,000 $489 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,007/month

Highlights

  • Full Time Lobby Attendant
  • Fitness Center
  • In Ground Pool
  • Coral Gables Preparatory Academy Rated A-
  • Building Security
  • 3-minute walk to Merrick Park

About This Home

As of May 2023

Great corner unit in Gables Park Tower, with a magnificent view of Coral Gables and the Biltmore Hotel,
strategically located near Miracle Mile and less than 4 miles from the Miami Airport. The unit has 2 BEDROOMS, 2
FULL BATHROOMS PLUS DEN, which can be used as a 3rd bedroom or office. Freshly painted, all impact windows
and doors throughout, wood flooring, new light fixtures and new appliances, washer & dryer in the unit, 1
ASSIGNED COVERED PARKING SPACE. The building has a pool, gym, visitor parking and 24-hour concierge
service. No pets. Please see broker remarks

Last Agent to Rent the Property

Maria Martinez

Direct Realty Solutions License #3489023 Listed on: 04/10/2023

Last Renter's Agent

Jennifer Brough

Jennifer Homes Realty License #3280325

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,317

Year Built

  • Built in 2003

Lot Details

  • East Facing Home

Parking

  • 1 Car Attached Garage
  • Assigned Parking
  • Secure Parking

Interior Spaces

  • 1,023 Sq Ft Home
  • Den
  • Wood Flooring
  • Property Views

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Closet Cabinetry
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • In Ground Pool
  • Porch

Utilities

  • Central Air
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 4/9/23
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 03-41-17-047-0070

Community Details

Overview

  • No Home Owners Association
  • Gables Park Tower Condos
  • Gables Park Tower Subdivision

Amenities

  • Full Time Lobby Attendant
  • Elevator

Recreation

Pet Policy

  • Breed Restrictions

Security

  • Building Security
  • Card or Code Access
  • High Impact Windows
  • High Impact Door

Condo Details

Home Type

Condominium

Est. Annual Taxes

$8,317

Year Built

Built in 2003

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: No, Restrictions Or Possible Restrictions
  • Available Date: 2023-04-09
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2003
  • Property Sub Type: Condominium
  • Garage Yn: Yes
  • Horses: No
  • Lease Assignable: No
  • New Construction: No
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: GABLES PARK TOWER
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Dryer, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Den/Library/Office
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 1023
  • Window Features: Complete Impact Glass, High Impact Windows
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bath Shower, Primary Bath Tub, Primary Bedroom Ground Level
  • Living Room Features: Den/Library/Office

Exterior Features

  • View: Other
  • Exterior Features: Open Balcony
  • Direction Faces: East
  • Patio And Porch Features: Porch/Balcony, Open Balcony
  • Pool Features: In Ground, Other
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: GABLES PARK TOWER
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Covered

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Security: Key Card Entry, Building Security, Lobby Attended, Key/Card Entry Parking

Condo/Co-op/Association

  • Amenities: Community Pool, Elevator(s), Exercise Room
  • Association: No
  • Community Features: Pool, Exercise Room

Lot Info

  • Parcel Number: 03-41-17-047-0070
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 6600
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2022
Closed on
Jul 13, 2022
Sold by
Anderson and Monica
Bought by
Penin Carlos A
Seller's Agent
Maria Martinez
Direct Realty Solutions
Buyer's Agent
Maria Martinez
Direct Realty Solutions
List Price
$489,900
Sold Price
$500,000
Premium/Discount to List
$10,100
2.06%
Current Estimated Value
$609,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,359
Avg. Annual Appreciation
6.20%

Purchase Details

Closed on
Apr 28, 2005
Sold by
Hernandez Steve J and Hernandez Vivian
Bought by
Anderson James and Barrios Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
5.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 30, 2003
Sold by
Gables Park Tower Ltd
Bought by
Hernandez Steve J and Vazquez Vivian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,500
Interest Rate
5.87%
Mortgage Type
Unknown
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
Penin Carlos A $500,000 Eunice Puga Pllc
Anderson James $420,000 South Coast Title
Hernandez Steve J $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Anderson James $332,000
Previous Owner Hernandez Steve J $301,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2023 05/15/23 Rented $3,500 0.0% --
04/21/2023 04/21/23 Under Contract -- -- --
04/10/2023 04/10/23 For Rent $3,500 0.0% --
07/13/2022 07/13/22 Sold $500,000 +2.1% $489 / Sq Ft
06/21/2022 06/21/22 Pending -- -- --
06/07/2022 06/07/22 For Sale $489,900 -- $479 / 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 $8,317 $471,042 -- --
2024 $7,441 $442,860 -- --
2023 $7,441 $402,600 $0 $0
2022 $3,405 $223,290 $0 $0
2021 $3,383 $216,787 $0 $0
2020 $3,339 $213,794 $0 $0
2019 $3,256 $208,988 $0 $0
2018 $3,104 $205,092 $0 $0
2017 $3,068 $200,874 $0 $0
2016 $3,055 $196,743 $0 $0
2015 $3,089 $195,376 $0 $0
2014 $3,129 $193,826 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11369353

MIAMI REALTORS® MLS

APN: 03-4117-047-0070