NOT LISTED FOR SALE

49 Majorca Ave Unit 404 Coral Gables, FL 33134

Coral Gables Section Neighborhood

Estimated Value: $531,003 - $716,000

2 Beds
2 Baths
1,170 Sq Ft
1989 Built

Last Sold January 21, 2016

Last sale price $314,213 $269 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $3,771/month

Highlights

  • L-Shaped Dining Room
  • No HOA
  • Card or Code Access
  • Coral Gables Preparatory Academy Rated A-
  • Views
  • 3-minute walk to Phillips Park

About This Home

As of July 2020

Fantastic location in Coral Gables, just blocks to Miracle Mile & Downtown Coral Gables' shops & restaurants. Beautifully painted, new floors - immaculate condition. An open floor plan includes 2 bedrooms & 2 baths, over sized living rm w/ large covered balcony with street views. A big kitchen, w/ eat-in bar, opens to the bright dining rm. This very quiet building has only 16 units w/ gated parking, secured lobby & elevator. A "dream home" located on the 4th level and includes 2 secure (gated) parking spaces (1 covered & 1 open). A GREAT RENTAL OPPORTUNITY...EASY TO SHOW!

Last Agent to Rent the Property

Patricia Parker

Coldwell Banker Realty License #0171825 Listed on: 06/23/2020

Coldwell Banker Realty

Co-Listed By

Joseph Parker

Coldwell Banker Realty License #0489259

Last Renter's Agent

Patricia Parker

Coldwell Banker Realty License #0171825 Listed on: 06/23/2020

Coldwell Banker Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,821

Year Built

  • Built in 1989

Lot Details

  • Southwest Facing Home

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,170 Sq Ft Home
  • Blinds
  • Sliding Windows
  • L-Shaped Dining Room
  • Property Views

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Attached Carport Spaces
  • On-Street Parking
  • Open Parking
  • Secure Parking

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 8/1/20
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 03-41-08-075-0120

Community Details

Overview

  • No Home Owners Association
  • Majorca Plaza Condo 2 Condos
  • Majorca Plaza Condo 2 Subdivision
  • The community has rules related to no recreational vehicles or boats
  • Property has 1 Level

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,821

Year Built

Built in 1989

Lot Details

0

Rental Info

  • Pets Allowed: No
  • Available Date: 2020-08-01
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1989
  • Property Sub Type: Condominium
  • Carport Y N: Yes
  • Co List Office Mls Id: CBRE52
  • Co List Office Phone: 305-667-4815
  • Directions: Take Ponce de Leon Blvd to Magorca Ave (7 blocks North of Miracle Mile) turn East & travel to the property.
  • Garage Yn: No
  • Horses: No
  • Lease Assignable: No
  • Unit Levels: 1
  • New Construction: No
  • Building Stories: 5
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: MAJORCA PLAZA CONDO 2
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 5

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Spa Yn: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 1170
  • Stories: 5
  • Window Features: Hurricane Shutters, Blinds, Sliding
  • Dining Room Features: L Shaped Dining, Snack Bar/Counter

Exterior Features

  • View: Other
  • Construction Type: CBS Construction
  • Direction Faces: Southwest
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Park Building Name: MAJORCA PLAZA CONDO 2
  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Attached Carport, On Street, No Rv/Boats

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Security: Key Card Entry, Key/Card Entry Parking

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel Number: 03-41-08-075-0120
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 5000
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2015
Closed on
Jan 28, 2016
Sold by
Ruiz Joseph A
Bought by
Arango Jesus G
Seller's Agent
Kevin Ruiz
MMLS Assoc.-Inactive Member
Buyer's Agent
Kevin Ruiz
MMLS Assoc.-Inactive Member
List Price
$349,000
Sold Price
$314,213
Premium/Discount to List
-$34,787
-9.97%
Current Estimated Value
$604,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,038
Avg. Annual Appreciation
7.04%
Original Mortgage
$160,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 18, 2011
Sold by
Ruiz Joseph Adam and Ruiz Ryan C
Bought by
Ruiz Joseph A

Purchase Details

Closed on
Apr 29, 2005
Sold by
Ruiz Charles J and Ruiz Joseph A
Bought by
Ruiz Joseph A and Ruiz Joseph Adam

Purchase Details

Closed on
Nov 8, 2002
Sold by
Ruiz Charles J and Ruiz Joseph A
Bought by
Ruiz Charles J and Ruiz Joseph A
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
Arango Jesus G $299,300 Attorney
Ruiz Joseph A -- Attorney
Ruiz Joseph A -- --
Ruiz Charles J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arango Jesus $163,100
Closed Arango Jesus G --
Closed Arango Jesus G $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2020 07/30/20 Rented $2,100 0.0% --
07/03/2020 07/03/20 Under Contract -- -- --
06/22/2020 06/22/20 For Rent $2,100 +5.0% --
07/24/2019 07/24/19 Rented $2,000 0.0% --
07/07/2019 07/07/19 Under Contract -- -- --
06/30/2019 06/30/19 For Rent $2,000 0.0% --
06/20/2019 06/20/19 Under Contract -- -- --
06/15/2019 06/15/19 For Rent $2,000 0.0% --
06/11/2019 06/11/19 Under Contract -- -- --
04/10/2019 04/10/19 Price Changed $2,000 -4.8% $2 / Sq Ft
03/21/2019 03/21/19 For Rent $2,100 +5.0% --
05/03/2016 05/03/16 Rented $2,000 -99.4% --
04/08/2016 04/08/16 Under Contract -- -- --
01/21/2016 01/21/16 Sold $314,213 -10.0% $269 / Sq Ft
11/24/2015 11/24/15 For Sale $349,000 -- $298 / Sq Ft
11/23/2015 11/23/15 Pending -- -- --
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 $5,821 $367,244 -- --
2024 $5,666 $356,895 -- --
2023 $5,666 $346,500 $0 $0
2022 $5,266 $266,530 $0 $0
2021 $4,629 $242,300 $0 $0
2020 $5,645 $295,478 $0 $0
2019 $5,595 $295,478 $0 $0
2018 $5,022 $275,680 $0 $0
2017 $4,556 $239,722 $0 $0
2016 $4,183 $208,725 $0 $0
2015 $3,828 $189,750 $0 $0
2014 $3,500 $172,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Patricia Parker

    Landlord's Agent in 2020

    Patricia Parker

    Coldwell Banker Realty

    (305) 773-6343

    56 Total Sales

    Patricia Parker
    Section Image

  • J

    Landlord's Co-Listing Agent in 2020

    Joseph Parker

    Coldwell Banker Realty

    (305) 915-8150

    1 Total Sale

    Joseph Parker
    Section Image

  • T

    Buyer's Agent in 2019

    Taylor Matos Filho

    Zohrer Realty, LLC

    (305) 761-6670

    7 Total Sales

    Taylor Matos Filho
    Section Image

  • K

    Seller's Agent in 2016

    Kevin Ruiz

    MMLS Assoc.-Inactive Member

    Section Image

  • L

    Seller Co-Listing Agent in 2016

    Luis Aguilar

    MMLS Assoc.-Inactive Member

    Section Image
  • Maricarmen Roca

    Buyer's Agent in 2016

    Maricarmen Roca

    The Keyes Company

    (305) 282-0622

    29 Total Sales

    Maricarmen Roca
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10880490

MIAMI REALTORS® MLS

APN: 03-4108-075-0120

Florida Miami/Dade County Coral Gables 33134 Coral Gables Section

49 Majorca Ave Unit 404, Coral Gables, FL

This home is located at 49 Majorca Ave Unit 404, Coral Gables, FL 33134 since 23 June 2020 and is currently priced at $604,251. This property was built in 1989. 49 Majorca Ave Unit 404 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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