$1,437,500
SOLD SEP 10, 2024

516 Majorca Ave Coral Gables, FL 33134

Coral Gables Section Neighborhood
3 Beds
2.5 Baths
2,344 Sq Ft
5,650 Sq Ft Lot

Recently Sold

$613 Per Sq Ft

10% Below List Price

171 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Breakfast Area or Nook
  • Coral Gables Preparatory Academy Rated A-
  • No HOA
  • Balcony

About This Home

As of May 2025

Welcome to your future home, where the thrill of potential meets the charm of possibility! Pull up to this central & splendid 2-story Coral Gables home which boasts a spectacular floor plan (2810 total sf) Downstairs: Living, Dining, Family, Kitchen, Half Bath & 1-car Garage. Upstairs: 3 bedrooms/2 baths w/2 balconies overlooking your lush backyard (5650 sf lot). Paved Driveway. While this home is in impeccable condition, it eagerly awaits modern updates to truly shine. Embrace the opportunity to transform this diamond in the rough into the jewel of the neighborhood! Easy to show!

Last Agent to Sell the Property

Valerie Quemada

Address Real Estate LLC License #3055129 Listed on: 03/21/2024

Last Buyer's Agent

Paulina Flores

DLS International Realty License #3438543

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,588

Year Built

  • Built in 1984

Lot Details

  • 5,650 Sq Ft Lot
  • North Facing Home
  • Fenced
  • Property is zoned 0100

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway
  • Paver Block
  • Open Parking

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,344 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Awning
  • Single Hung Metal Windows
  • Family Room
  • Complete Panel Shutters or Awnings

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Dual Sinks
  • Shower Only

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Schools

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

Utilities

  • 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

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,588

Year Built

Built in 1984

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1984
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: CORAL GABLES SEC B
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Vaulted Ceiling(s), Volume Ceilings, Walk-In Closet(s), Family Room, Utility Room/Laundry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 2344
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Window Features: Complete Panel Shutters/Awnings, Single Hung Metal
  • Bedroom Features: Primary Bath Shower, Primary Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Snack Bar/Counter
  • Living Room Features: Family Room, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks

Exterior Features

  • Roof: Barrel Roof
  • View: None
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Awning(s), Open Balcony, Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: CORAL GABLES SEC B
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Driveway, Paver Block

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association: No
  • Community Features: Additional Amenities

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

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

Lot Info

  • Parcel Number: 03-41-08-001-2483
  • Lot Size Sq Ft: 5650
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 13588

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%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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

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 $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

  • P

    Seller's Agent in 2025

    Paulina Flores

    DLS International Realty

    2 in this area

    5 Total Sales

    Paulina Flores
    Section Image

  • A

    Buyer's Agent in 2025

    Alex Carnot

    United Realty Group Inc

    (305) 672-3595

    1 in this area

    10 Total Sales

    Alex Carnot
    Section Image
  • Valerie Quemada

    Seller's Agent in 2024

    Valerie Quemada

    Address Real Estate LLC

    (786) 664-8661

    3 in this area

    21 Total Sales

    Valerie Quemada
    Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11552785

MIAMI REALTORS® MLS

APN: 03-4108-001-2483

Florida Miami/Dade County Coral Gables 33134 Coral Gables Section

516 Majorca Ave, Coral Gables, FL

This home is located at 516 Majorca Ave, Coral Gables, FL 33134 and is currently priced at $1,437,500, approximately $613 per square foot. This property was built in 1984. 516 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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