516 Majorca Ave Coral Gables, FL 33134
Coral Gables Section Neighborhood
3
Beds
3
Baths
2,344
Sq Ft
5,650
Sq Ft Lot
Highlights
- In Ground Pool
- No HOA
- Formal Dining Room
- Coral Gables Preparatory Academy Rated A-
- Breakfast Area or Nook
- High Impact Windows
About This Home
As of May 2025Your New Beginning in the Heart of Coral GablesExperience timeless elegance and modern comfort in this fully renovated 3-bed, 3-bath home just steps from Miracle Mile and Granada Golf Course. With 2,810 total sq ft of beautifully redesigned living space on this residence features a new roof, impact windows and doors, a brand-new pool, new HVAC, a gourmet kitchen, spa-style bathrooms, elegant flooring, designer lighting, and fresh paint inside and out. Everything is completely updated. Move in with confidence. Enjoy the charm of Coral Gables with its tree-lined streets, Mediterranean architecture, boutique shops, and vibrant walkability. A rare opportunity in one of Miami’s most desirable neighborhoods.Rare opportunity you won’t want to miss.Come see it you’re going to fall in love.
Last Agent to Sell the Property
DLS International Realty License #3438543 Listed on: 05/05/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,339
Year Built
- Built in 1984
Lot Details
- 5,650 Sq Ft Lot
- North Facing Home
- Property is zoned 0100
Parking
- 1 Car Garage
- Driveway
- Open Parking
Home Design
- Flat Tile Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 2,344 Sq Ft Home
- Formal Dining Room
- Tile Flooring
- Property Views
Kitchen
- Breakfast Area or Nook
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Home Security
- High Impact Windows
- High Impact Door
Schools
- Coral Gables Elementary School
- Ponce De Leon Middle School
- Coral Glades High School
Additional Features
- In Ground Pool
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Coral Gables Sec B Subdivision
Listing and Financial Details
- Assessor Parcel Number 03-41-08-001-2483
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 5, 2025
Closed on
May 22, 2025
Sold by
Metrico Llc
Bought by
Agl Lanzarote Group Llc
Seller's Agent
Paulina Flores
DLS International Realty
Buyer's Agent
Alex Carnot
United Realty Group Inc
List Price
$2,620,000
Sold Price
$2,660,000
Premium/Discount to List
$40,000
1.53%
Views
40
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-84.24%
Purchase Details
Listed on
Mar 21, 2024
Closed on
Aug 19, 2024
Sold by
Chomat Gustavo and Chomat Lia
Bought by
Metrico Llc
Seller's Agent
Valerie Quemada
Address Real Estate LLC
Buyer's Agent
Paulina Flores
DLS International Realty
List Price
$1,600,000
Sold Price
$1,437,500
Premium/Discount to List
-$162,500
-10.16%
Views
67
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
140.89%
Original Mortgage
$1,499,900
Interest Rate
6.73%
Mortgage Type
Construction
Purchase Details
Closed on
Jun 23, 2003
Sold by
Cortizas Priscilla and Marrero Daniel A
Bought by
Chomat Gustavo and Chomat Lia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,080
Interest Rate
6.99%
Mortgage Type
Unknown
Purchase Details
Closed on
Jul 13, 1998
Sold by
Martinez Jose M and Martinez Roxana M
Bought by
Cortizas Priscilla and Marrero Daniel A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,400
Interest Rate
7.04%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 30, 1993
Sold by
Santos Nelly
Bought by
Martinez Jose M and Martinez Roxana M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
7.52%
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $2,660,000 | None Listed On Document | |
| Warranty Deed | $2,660,000 | None Listed On Document | |
| Warranty Deed | $1,437,500 | None Listed On Document | |
| Warranty Deed | $485,100 | Genesis Title Company | |
| Warranty Deed | $268,000 | -- | |
| Warranty Deed | $270,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,499,900 | Construction | |
| Previous Owner | $388,080 | Unknown | |
| Previous Owner | $214,400 | New Conventional | |
| Previous Owner | $216,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/25/2025 05/25/25 | Pending | -- | -- | -- |
| 05/23/2025 05/23/25 | Sold | $2,660,000 | +1.5% | $1,135 / Sq Ft |
| 05/05/2025 05/05/25 | For Sale | $2,620,000 | +82.3% | $1,118 / Sq Ft |
| 09/10/2024 09/10/24 | Sold | $1,437,500 | -4.2% | $613 / Sq Ft |
| 05/27/2024 05/27/24 | Price Changed | $1,499,999 | -6.3% | $640 / Sq Ft |
| 03/22/2024 03/22/24 | For Sale | $1,600,000 | -- | $683 / Sq Ft |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
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 | $14,916 | $1,019,150 | $678,000 | $341,150 |
| 2024 | $13,588 | $691,857 | -- | -- |
| 2023 | $13,588 | $628,961 | $0 | $0 |
| 2022 | $11,960 | $571,783 | $0 | $0 |
| 2021 | $10,752 | $519,803 | $350,638 | $169,165 |
| 2020 | $10,799 | $521,074 | $350,638 | $170,436 |
| 2019 | $9,979 | $476,609 | $304,902 | $171,707 |
| 2018 | $10,025 | $490,914 | $317,936 | $172,978 |
| 2017 | $9,919 | $479,385 | $0 | $0 |
| 2016 | $18,472 | $440,856 | $0 | $0 |
| 2015 | $8,172 | $416,371 | $0 | $0 |
| 2014 | $7,907 | $394,177 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Paulina Flores
P
Seller's Agent in 2025
Paulina Flores
DLS International Realty
2 in this area
5 Total Sales
-
Alex Carnot
A
Buyer's Agent in 2025
Alex Carnot
United Realty Group Inc
(305) 672-3595
1 in this area
10 Total Sales
-
Valerie Quemada
Seller's Agent in 2024
Valerie Quemada
Address Real Estate LLC
(786) 664-8661
3 in this area
21 Total Sales
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11790457
APN: 03-4108-001-2483
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