NOT LISTED FOR SALE

3909 Ponce de Leon Blvd Coral Gables, FL 33134

Southeast Gables Neighborhood

Estimated Value: $1,322,000 - $1,942,000

4 Beds
2 Baths
2,304 Sq Ft
$686/Sq Ft Est. Value

Last Sold February 16, 2021

Last sale price $780,000 $339 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $11,203/month

140 Days on Market

Highlights

  • Wood Flooring
  • Old Spanish Architecture
  • Oversized Lot
  • Coral Gables Senior High School Rated A-
  • No HOA
  • Central Heating and Cooling System

About This Home

As of February 2021

Developers and Investors dream double frontage lot sitting on a 14,000 SQ FT Lot! With all the beautiful town-homes going up in Coral Gables the last few years, how can one pass up this opportunity? Sitting right on the beautifully tree-lined street of Ponce de Leon this duplex currently holds two units with a high income potential when renovated. Purchase to renovate and keep this Spanish style duplex, or build to suit on the oversized lot. Five minute drive to Coconut Grove and walking distance to Merrick Park, Miracle Mile and the Plaza Coral Gables.

Last Agent to Sell the Property

Gisela Freeman

Luxe Properties License #3230329 Listed on: 08/29/2020

Luxe Properties

Last Buyer's Agent

Rocio Chavez

United Realty Group Inc License #3254059

United Realty Group Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,682

Year Built

  • Built in 1948

Lot Details

  • 0.33

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Old Spanish Architecture
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,304 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Tile

Additional Features

  • Oversized Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Coconut Grove Sec Part 1 Condos
  • Coconut Grove Sec Part 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03-41-17-007-4320

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,682

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1948
  • Property Sub Type: Duplex
  • Architectural Style: Old Spanish
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Subdivision Name: COCONUT GROVE SEC PART 1
  • Year Built Details: Unknown
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Tile, Wood
  • Living Area: 2304
  • Possible Use: Investment
  • Stories: 2

Exterior Features

  • Roof: Barrel Roof
  • Construction Type: CBS Construction
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot, Oversized Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: COCONUT GROVE SEC PART 1
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 03-41-17-007-4320
  • Zoning: 5900
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 12682

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2020
Closed on
Feb 11, 2021
Sold by
3909 Ponce De Leon Blvd Llc
Bought by
3909 Ponce De Leon Llc
Seller's Agent
Gisela Freeman
Luxe Properties
Buyer's Agent
Rocio Chavez
United Realty Group Inc
List Price
$925,000
Sold Price
$780,000
Premium/Discount to List
-$145,000
-15.68%
Current Estimated Value
$1,698,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$918,114
Avg. Annual Appreciation
22.19%

Purchase Details

Closed on
May 17, 2012
Sold by
Russo James and Russo Lilian
Bought by
3909 Ponce Deleon Blvd Llc

Purchase Details

Closed on
Aug 31, 1999
Sold by
Leonardo and Welf Julie
Bought by
Russo James E and Russo Lilian T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
7.58%
Mortgage Type
New Conventional
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
3909 Ponce De Leon Llc $780,000 First International Ttl Inc
3909 Ponce Deleon Blvd Llc -- None Available
2760 Sw 30Th Ave Llc -- None Available
Russo James E $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Russo James E $55,000
Previous Owner Russo James E $189,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2021 02/16/21 Sold $780,000 -12.4% $339 / Sq Ft
01/14/2021 01/14/21 Pending -- -- --
12/14/2020 12/14/20 Price Changed $890,000 -3.8% $386 / Sq Ft
08/27/2020 08/27/20 For Sale $925,000 -- $401 / 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 $22,877 $1,239,769 -- --
2024 $24,509 $1,127,063 -- --
2023 $24,509 $1,024,603 $903,350 $121,253
2022 $21,008 $1,140,514 $986,000 $154,514
2021 $13,897 $643,075 $0 $0
2020 $13,273 $879,604 $761,250 $118,354
2019 $12,682 $879,637 $761,250 $118,387
2018 $0 $799,920 $681,500 $118,420
2017 $10,882 $439,230 $0 $0
2016 $11,123 $399,300 $0 $0
2015 $9,588 $363,000 $0 $0
2014 $9,217 $330,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2021

    Gisela Freeman

    Luxe Properties

    2 in this area

    24 Total Sales

    Section Image

  • R

    Buyer's Agent in 2021

    Rocio Chavez

    United Realty Group Inc

    (954) 650-6986

    1 in this area

    14 Total Sales

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10915827

MIAMI REALTORS® MLS

APN: 03-4117-007-4320

Florida Miami/Dade County Coral Gables 33134 Southeast Gables

3909 Ponce de Leon Blvd, Coral Gables, FL

This home is located at 3909 Ponce de Leon Blvd, Coral Gables, FL 33134 since 29 August 2020 and is currently estimated at $1,579,901, approximately $685 per square foot. This property was built in 1948. 3909 Ponce de Leon Blvd is a home located in Miami-Dade County with nearby schools including Frances S. Tucker Elementary School, 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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