NOT LISTED FOR SALE

40 Salamanca Ave Unit 7 Coral Gables, FL 33134

Douglas Neighborhood

Estimated Value: $182,000 - $275,000

1 Bed
1 Bath
600 Sq Ft
$379/Sq Ft Est. Value

Last Sold September 11, 2024

Last sale price $210,000 $350 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,713/month

164 Days on Market

Highlights

  • Community Pool
  • Cooling System Mounted To A Wall/Window
  • Laundry Facilities
  • Coral Gables Preparatory Academy Rated A-
  • Tile Flooring
  • 2-minute walk to Phillips Park

About This Home

As of September 2024

Large Price Reduction! HURRY - Motivated Seller! Great opportunity to live in a lovely 1 bed / 1 bath unit in the heart of Coral Gables, just a block and a half east of Ponce de Leon Blvd. This adorable building offers mid-century style with a beautiful swimming pool and off-street parking. This 2nd-floor corner unit offers more windows than most of the other units in the building to allow more natural light to fill the space. LOW Condo/HOA Dues!!! This area is very walkable. Publix is within walking distance, and an area favorite - Tinta y Cafe is just a short stroll to the corner of Salamanca & Ponce. No leasing is permitted, this home is for adult owner-occupants which means that every resident cares deeply about taking care of their home and common areas! ***CA$H OFFERS ONLY***

Last Agent to Sell the Property

Jorge Gonzalez

Keller Williams Realty Premier Properties Brokerage Phone: 305-898-6224 License #3267006 Listed on: 02/22/2024

Keller Williams Realty Premier Properties

Co-Listed By

Eva Gonzalez

Keller Williams Realty Premier Properties Brokerage Phone: 305-898-6224 License #3266720

Last Buyer's Agent

Silvia Gutierrez

Interinvestments Realty, Inc. License #3183416

Interinvestments Realty, Inc.

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $2,446

Year Built

  • Built in 1954

Lot Details

  • North Facing Home

HOA Fees

  • $296 Monthly HOA Fees

Home Design

  • Garden Apartment
  • Entry on the 2nd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 600 Sq Ft Home
  • Property has 1 Level
  • Tile Flooring

Kitchen

  • Self-Cleaning Oven
  • Electric Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Car Parking Space
  • Open Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 03-41-08-043-0070

Community Details

Overview

  • 11 Units
  • 40 Salamanca Condos
  • Coral Gables Douglas Sec Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Co-Op

Est. Annual Taxes

$2,446

Year Built

Built in 1954

Lot Details

0

HOA Fees

$296 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1954
  • Property Sub Type: Stock Cooperative
  • Architectural Style: Garden Apartment
  • Co List Office Mls Id: KWPP01
  • Co List Office Phone: 305-595-2844
  • Directions: Please use GPS
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • Unit Levels: 1
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Co-Op 1-4 Stories, Co-Op
  • Subdivision Name: CORAL GABLES DOUGLAS SEC
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Attribution Contact: 305-898-6224
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Range, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Second Floor Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 600
  • Possible Use: Primary
  • Stories: 2
  • Bedroom Features: None

Exterior Features

  • View: None
  • Exterior Features: None
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: 40 Salamanca
  • Open Parking: Yes
  • Parking Features: 1 Space, Open

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes
  • Security: No Security

Condo/Co-op/Association

  • Association Fee: 296
  • Amenities: Laundry, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Other

Lot Info

  • Parcel Number: 03-41-08-043-0070
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2446

Multi Family

  • Number Of Units In Community: 11
  • Number Of Units Total: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2013
Sold by
Ortiz George F
Bought by
Gomez Grace
Current Estimated Value
$227,202
Source: Public Records

Range of Values:

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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
Gomez Grace $100,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/11/2024 09/11/24 Sold $210,000 -8.7% $350 / Sq Ft
08/05/2024 08/05/24 Pending -- -- --
07/20/2024 07/20/24 Price Changed $230,000 -14.8% $383 / Sq Ft
06/25/2024 06/25/24 Price Changed $270,000 -5.3% $450 / Sq Ft
03/19/2024 03/19/24 Price Changed $285,000 -3.4% $475 / Sq Ft
02/23/2024 02/23/24 For Sale $295,000 +93.4% $492 / Sq Ft
01/18/2018 01/18/18 Sold $152,500 -4.1% $254 / Sq Ft View Prior Sale
11/29/2017 11/29/17 Pending -- -- --
11/21/2017 11/21/17 Price Changed $159,000 -0.5% $265 / Sq Ft
11/13/2017 11/13/17 Price Changed $159,750 -0.1% $266 / Sq Ft
11/06/2017 11/06/17 For Sale $159,900 -- $267 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11538374

MIAMI REALTORS® MLS

APN: 03-4108-043-0070