$500,000
SOLD JUL 13, 2022
2 Beds
2 Baths
1,023 Sq Ft
$894/mo HOA Fee

Recently Sold

$489 Per Sq Ft

2% Above List Price

13 Days on Market

Highlights

  • Fitness Center
  • Skyline View
  • Community Pool
  • Coral Gables Preparatory Academy Rated A-
  • Wood Flooring
  • 3-minute walk to Merrick Park

About This Home

As of July 2022

Exceptional corner unit in the coveted Gables Park Tower’s ’01 line, featuring splendid views of Coral Gables and the renowned Biltmore Hotel. This highly regarded building with just 77 apartments is strategically located within walking distance from the Miracle Mile and all its restaurants, stores and amenities, and less than 4 miles from the Miami Airport. Unit 1101 has 1,023sf including two bedrooms plus den (that can be used as a 3rd bedroom, office, or dining area) and two full bathrooms. All impact windows and doors throughout, wood flooring and new stainless-steel appliances. Two assigned covered parking spaces. The building has a pool, gym, visitor parking and
24-hour concierge service. Also, storage units available for rent. Unique opportunity. Won’t last!

Last Agent to Sell the Property

Maria Martinez

Direct Realty Solutions License #3489023 Listed on: 06/07/2022

Last Buyer's Agent

Maria Martinez

Direct Realty Solutions License #3489023 Listed on: 06/07/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,383

Year Built

  • Built in 2003

HOA Fees

  • $894 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Secured Garage or Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,023 Sq Ft Home
  • Entrance Foyer
  • Dryer

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Home Security

Additional Features

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 03-41-17-047-0070

Community Details

Overview

  • 77 Units
  • Gables Park Tower Condos
  • Gables Park Tower Subdivision
  • 16-Story Property

Recreation

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • Clear Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,383

Year Built

Built in 2003

Lot Details

0

HOA Fees

$894 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2003
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Entry Level: 11
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: GABLES PARK TOWER
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Other Equipment/Appliances
  • Interior Amenities: Closet Cabinetry, Entrance Foyer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Foyer
  • Flooring: Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 1023
  • Possible Use: Unknown/Withheld
  • Stories: 16
  • Window Features: Clear Impact Glass, Impact Glass
  • Bedroom Features: Master Bath Shower, Master Bath Tub

Exterior Features

  • 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: GABLES PARK TOWER
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Card Entry, Secured Garage/Parking

Condo/Co-op/Association

  • Association Fee: 894
  • Amenities: Exercise Room, Other, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 03-41-17-047-0070
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 77
  • Number Of Units Total: 77

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3383

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

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $500,000 Eunice Puga Pllc
Warranty Deed $420,000 South Coast Title
Special Warranty Deed $350,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $332,000 Fannie Mae Freddie Mac
Previous Owner $301,500 Unknown
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: A11218490

MIAMI REALTORS® MLS

APN: 03-4117-047-0070