$590
SOLD JAN 31, 2014

5246 SW 8th St Unit 206-C Coral Gables, FL 33134

Granada Neighborhood
-- Bed
-- Bath
130 Sq Ft
2013 Built

Recently Sold

$5 Per Sq Ft

70% Below List Price

237 Days on Market

Highlights

  • No HOA
  • Home Security System
  • Guest Parking
  • Coral Gables Preparatory Academy Rated A-
  • Tile Flooring

About This Home

As of January 2014

All- inclusive office for rent! Large 800 sp. ft. unit with 4 private offices inside. Great exposure with parking. All utilities, internet, and cleaning included in rent! Multiple conference rooms and waiting areas on each floor, brand new building in the heart of Miami/Coral Gables!

Last Agent to Sell the Property

Agustin Cantens

Luxe International Realty Inc License #3197216 Listed on: 05/31/2013

Last Buyer's Agent

Agustin Cantens

Luxe International Realty Inc License #3197216 Listed on: 05/31/2013

Property Details

Property Type

  • Other

Year Built

  • Built in 2013

Lot Details

  • 170 Sq Ft Lot
  • Property is zoned 64/COMM

Home Design

  • Tar and Gravel Roof

Flooring

  • Carpet
  • Tile

Home Security

  • Home Security System
  • Motion Detectors
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • Covered Parking
  • Guest Parking
  • Assigned Parking

Additional Features

  • 2-Story Property
  • City Lot

Community Details

  • No Home Owners Association
  • 7 Units

Listing and Financial Details

  • Assessor Parcel Number 03-41-07-018-5690

Property Details

Property Type

Other

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 2013
  • Property Sub Type: Lease
  • Business Type: Office Space, Professional
  • Directions: CORNER OF SW 8 STREET & GENOA AVE. (52 AVE)
  • Horses: No
  • Lease Assignable: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Lease
  • ResoPropertyType: CommercialSale
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Carpet, Tile
  • Number Of Buildings: 1
  • Possible Use: Unknown/Withheld
  • Stories: 2

Exterior Features

  • Roof: Tar & Gravel Roof
  • Lot Features: City Location, Corner Unit, County Location
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned, Covered, Guest
  • Total Parking Spaces: 4

Utilities

  • Electric: 110 Volts Power
  • Electricity On Property: Yes
  • Security: Smoke Alarm, Smoke Detector(s), Motion Detector, Security System

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 03-41-07-018-5690
  • Current Use: Commercial Lease
  • Land Lease: No
  • Lot Size Sq Ft: 170
  • Zoning: 64/COMM
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Lease Term: 1 To 3 Year Lease

Multi Family

  • Number Of Units In Community: 7

Tax Info

  • Tax Annual Amount: 39287

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2020
Sold by
Zamora Buildind Llc
Bought by
5246 Professional Building Llc
Current Estimated Value
$9,207,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,920,000
Outstanding Balance
$3,352,883
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
$5,598,820

Purchase Details

Closed on
Jun 25, 2007
Sold by
Genoa Llc
Bought by
Zamora Building Llc

Purchase Details

Closed on
Jun 30, 2005
Sold by
Serrano Lopez Cesar
Bought by
Genoa Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,761,000
Interest Rate
7%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 7, 1993
Sold by
Lopez Serrano Joaquina E
Bought by
Escapa Lopez Serrano Joaquina
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $4,900,000 Attorney
Warranty Deed $3,400,000 Attorney
Warranty Deed $2,775,000 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,920,000 Commercial
Previous Owner $1,761,000 Commercial
Previous Owner $1,409,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2015 09/04/15 Rented $650 0.0% --
09/03/2015 09/03/15 Under Contract -- -- --
08/20/2015 08/20/15 For Rent $650 0.0% --
01/31/2014 01/31/14 Sold $590 -69.7% $5 / Sq Ft
01/23/2014 01/23/14 Pending -- -- --
05/31/2013 05/31/13 For Sale $1,950 -- $15 / 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 $87,005 $5,100,000 $2,009,000 $3,091,000
2024 $83,382 $4,700,000 $2,009,000 $2,691,000
2023 $83,382 $4,475,000 $1,707,650 $2,767,350
2022 $77,570 $4,160,000 $1,506,750 $2,653,250
2021 $76,717 $4,000,000 $1,506,750 $2,493,250
2020 $48,813 $3,100,000 $1,506,750 $1,593,250
2019 $41,558 $2,390,000 $1,506,750 $883,250
2018 $38,427 $2,390,000 $1,205,400 $1,184,600
2017 $36,068 $1,616,701 $0 $0
2016 $33,694 $1,469,729 $0 $0
2015 $31,214 $1,336,118 $0 $0
2014 $29,620 $1,214,653 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1794776

MIAMI REALTORS® MLS

APN: 03-4107-018-5690