NOT LISTED FOR SALE

405 Majorca Ave Coral Gables, FL 33134

Coral Gables Section Neighborhood

Estimated Value: $1,811,000 - $2,261,289

4 Beds
3 Baths
3,068 Sq Ft
$649/Sq Ft Est. Value

Last Sold October 15, 2020

Last sale price $1,200,000 $391 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $12,023/month

137 Days on Market

Highlights

  • Balcony
  • Porch
  • High Impact Door
  • Coral Gables Preparatory Academy Rated A-
  • Attached Garage
  • Outdoor Grill

About This Home

As of October 2020

Priced to Sell! First time on the market, a rare find in the heart of Coral Gables, 2016 construction, 405 Majorca was built with all the modern luxury finishes while keeping the charm and beauty of a Gables home! Featuring 10ft ceilings, open concept, lots of impact windows, smart ready w/ security system, all bathrooms have marble throughout including the classy white kitchen, pantry and laundry room, 1 car garage. Back of the home opens up to the covered terrace surrounded by beautiful foliage and pristine salt chlorinated pool with a full cabana bathroom! Bedrooms are on 2nd floor, master suite comes with its own terrace overlooking the pool/garden walking distance to Miracle mile and City Hall, mins Merrick Park, and more! The perfect family home for those seeking the new feel!

Last Agent to Sell the Property

Jonathan Garcia

One Sotheby's International Realty License #3264238 Listed on: 05/11/2020

Last Buyer's Agent

Cecilia Hoefken

Semsch Realty License #3283142

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,053

Year Built

  • Built in 2016

Lot Details

  • Sprinkler System

Parking

  • Attached Garage

Home Design

  • Property Attached

Interior Spaces

  • Primary Bedroom Upstairs
  • 3,068 Sq Ft Home
  • 2-Story Property
  • High Impact Door

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Outdoor Grill
  • Porch

Schools

  • Coral Gables Elementary School

Listing and Financial Details

  • Assessor Parcel Number 03-41-08-001-0171

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,053

Year Built

Built in 2016

Lot Details

0

Parking

1

Listing Details

  • Blogging: Yes
  • Internet Remarks: A rare find in the heart of Coral Gables, 2016 construction offers all the modern luxury finishes while keeping the charm and beauty of a Gables home!
  • Municipal Code: 3
  • Property Type: Single Family
  • Restrictions: Ok To Lease
  • Section: 8
  • Year Built: 2016
  • Property Sq Ft: 6250
  • Year Built Description: Resale
  • Zoning Information: 0100
  • Flood Zone: X
  • Furnished Info Sold: Unfurnished
  • Intended Use: Primary
  • Lp Amt Sq Ft: 562.2852
  • Neighborhoods: Coral Gables
  • Ratio Close Price By List Price: 0.91673
  • Storm Protection: Clear Impact Glass
  • Style: Pool Only
  • Website: 405majorca-ave.com
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Front Exposure: South
  • Bedroom Description: Master Bedroom Upstairs
  • Primary Bathroom Description: Dual Sinks, Separate Tub & Shower
  • Dining Description: Dining/Living Room
  • Interior Amenities: First Floor Entry
  • Windows Treatments: Arched Windows, High Impact Windows
  • Design: Attached
  • Adjusted Area Sq Ft: 2526
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Cable Available Yn: Yes
  • Design Description: Two Story
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Icemaker, Microwave, Electric Range
  • Pool: Yes
  • Sq Ft Liv Area: 2328
  • Total Sq Ft: 3068

Exterior Features

  • Pool: Below Ground Pool
  • Lot Size: 6250
  • Construction Type: Concrete Block Construction
  • Roof Description: Barrel Roof
  • Exterior Features: Barbeque, High Impact Doors, Exterior Lighting, Open Balcony, Open Porch
  • Sprinkler Description: Auto Sprinkler

Garage/Parking

  • Garage Description: Attached
  • Parking Description: Covered Parking, Driveway, Street Parking
  • Parking Restrictions: Limited # Of Vehicle
  • Garage Spaces: 1

Utilities

  • Sewer Description: Municipal Sewer
  • Cooling Description: Central Cooling
  • Heating Description: Central Heat
  • Water Description: Municipal Water

Condo/Co-op/Association

  • Floor Description: Ceramic Floor
  • Subdivision Complex Bldg: CORAL GABLES SEC B
  • Housing Older Persons Act: No Hopa

Schools

  • Elementary School: Coral Gables
  • Middle School: Ponce De Leon
  • High School: Coral Glades High
  • Elementary School: Coral Gables

Lot Info

  • Lot Description: Less Than 1/4 Acre Lot
  • Parcel Number: 03-41-08-001-0171
  • Lot Sq Footage: 6250
  • Parcel Number Mlx: 0171

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Information: Tax Reflects Homestead Tax
  • Tax Amount: 14740
  • Tax Year: 2019

MLS Schools

  • Middle School: Ponce De Leon
  • High School: Coral Glades High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2020
Closed on
Oct 15, 2020
Sold by
Massens Juan and Massens Juana
Bought by
Tode Daniella Granda
Seller's Agent
Jonathan Garcia
One Sotheby's International Realty
Buyer's Agent
Cecilia Hoefken
Semsch Realty
List Price
$1,390,000
Sold Price
$1,200,000
Premium/Discount to List
-$190,000
-13.67%
Current Estimated Value
$1,991,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$791,822
Avg. Annual Appreciation
11.01%

Purchase Details

Listed on
Sep 14, 2015
Closed on
Jan 25, 2016
Sold by
El Rado Llc
Bought by
Massens Juan and Massens Juana
Seller's Agent
Agustin Cantens
MMLS Assoc.-Inactive Member
Buyer's Agent
Jonathan Garcia
One Sotheby's International Realty
List Price
$1,275,000
Sold Price
$1,200,000
Premium/Discount to List
-$75,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$960,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2013
Sold by
Martinez Javier E and Martinez Cristina
Bought by
El Rado Llc

Purchase Details

Closed on
Jul 6, 2011
Sold by
Rumpel Gregory and Rumpel Jacqueline
Bought by
Martinez Javier E and Martinez Cristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
4.62%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 15, 2005
Sold by
Pilafian James and Pilafian Shocky
Bought by
Rumpel Gregory and Rumpel Jacqueline
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
Tode Daniella Granda $1,200,000 Florida Secured Title Llc
Massens Juan $1,200,000 Attorney
El Rado Llc $255,000 Attorney
Martinez Javier E $70,000 Attorney
Rumpel Gregory $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Massens Juan $960,000
Previous Owner El Rado Llc $1,900,000
Previous Owner Martinez Javier E $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2020 10/15/20 Sold $1,200,000 -8.3% $391 / Sq Ft
08/20/2020 08/20/20 Price Changed $1,309,000 -3.0% $427 / Sq Ft
06/25/2020 06/25/20 Price Changed $1,349,000 -2.9% $440 / Sq Ft
05/11/2020 05/11/20 For Sale $1,390,000 +15.8% $453 / Sq Ft
01/25/2016 01/25/16 Sold $1,200,000 -4.7% $380 / Sq Ft
12/16/2015 12/16/15 Pending -- -- --
10/28/2015 10/28/15 Price Changed $1,259,000 -1.3% $399 / Sq Ft
10/08/2015 10/08/15 For Sale $1,275,000 0.0% $404 / Sq Ft
09/17/2015 09/17/15 Pending -- -- --
09/14/2015 09/14/15 For Sale $1,275,000 -- $404 / 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 $18,053 $1,058,743 -- --
2024 $17,610 $1,028,905 -- --
2023 $17,610 $998,937 $0 $0
2022 $17,065 $969,842 $0 $0
2021 $17,021 $941,595 $388,125 $553,470
2020 $15,056 $834,855 $0 $0
2019 $14,740 $816,086 $0 $0
2018 $14,110 $800,870 $0 $0
2017 $13,988 $784,398 $0 $0
2016 $5,094 $249,865 $0 $0
2015 $4,712 $227,150 $0 $0
2014 $4,106 $206,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Garcia

    Seller's Agent in 2020

    Jonathan Garcia

    One Sotheby's International Realty

    (305) 209-1634

    1 in this area

    48 Total Sales

    Jonathan Garcia
    Section Image
  • Cecilia Hoefken

    Buyer's Agent in 2020

    Cecilia Hoefken

    Semsch Realty

    (786) 385-1938

    2 in this area

    13 Total Sales

    Cecilia Hoefken
    Section Image

  • A

    Seller's Agent in 2016

    Agustin Cantens

    MMLS Assoc.-Inactive Member

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10857268

MIAMI REALTORS® MLS

APN: 03-4108-001-0171

Florida Miami/Dade County Coral Gables 33134 Coral Gables Section

405 Majorca Ave, Coral Gables, FL

This home is located at 405 Majorca Ave, Coral Gables, FL 33134 since 11 May 2020 and is currently estimated at $1,991,822, approximately $649 per square foot. This property was built in 2016. 405 Majorca Ave is a home located in Miami-Dade County with nearby schools including Coral Gables Preparatory Academy, 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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