NOT LISTED FOR SALE

Estimated Value: $709,000 - $822,000

1 Bed
2 Baths
1,117 Sq Ft
871 Sq Ft Lot

Last Sold October 12, 2021

Last sale price $507,500 $454 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $4,989/month

471 Days on Market

Highlights

  • Main Floor Bedroom
  • Separate Shower in Primary Bathroom
  • Snack Bar or Counter
  • Coconut Grove Elementary School Rated A
  • Storage Room
  • 3-minute walk to Sunrise Park

About This Home

As of October 2021

Lanai East is the only opportunity to own a unit in the prestigious GABLES CLUB for under a million dollars. This Coral Gables pied-a-terre is tailor-made for someone accustomed to luxury & looking for a foothold in the city. The unit boasts 16’ ceilings, Gourmet kitchen, marble floors, granite countertops, Viking & Dacor appliances & solid core 3 panel drs thruout, plus 2 garage parking spaces & storage unit. The Gables Club amenities include a private restaurant, 4 clay tennis cts, spas, multiple fitness facilities, salon, access to sailboat docks adj. to Biscayne Bay with no bridges & a staff of 70 people to attend to your needs. The community has large, beautifully maintained private grounds close to Coconut Grove & the Old Cutler Road walking path. Don’t let the low price fool you!

Last Agent to Sell the Property

Sheila Freed

Coldwell Banker Realty License #0339273 Listed on: 05/18/2020

Coldwell Banker Realty

Last Buyer's Agent

Maria Marin-Sanchez

One Sotheby's International Realty License #0686653

One Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,728

Year Built

  • 2004

Lot Details

  • 871

Parking

  • 2

Interior Spaces

  • Storage Room
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Separate Shower in Primary Bathroom

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,728

Year Built

2004

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Architectural Style: High Rise
  • Garage Yn: Yes
  • Habitable Residence: No
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: THE GABLES CONDO
  • Year Built Details: Resale
  • Special Features: None
  • Year Built: 2004

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Refrigerator, Washer
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Master Bedroom Ground Level
  • Dining Room Features: Snack Bar/Counter
  • Living Room Features: Storage Room
  • Master Bathroom Features: Separate Tub & Shower
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Flooring: Marble
  • Furnished: Unfurnished
  • Interior Amenities: Lobby, First Floor Entry, Closet Cabinetry, Volume Ceilings, Walk-In Closet(s), Storage
  • Possible Use: Primary
  • Stories: 19
  • Window Features: Clear Impact Glass, Blinds

Exterior Features

  • Exterior Features: Tennis Court(s)
  • View: Garden View
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Fencing: Fence
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Waterfront Features: Waterfront
  • Waterfront: Yes

Garage/Parking

  • Parking Features: 2 Or More Spaces, Guest, Valet
  • Covered Parking Spaces: 2
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Security: Doorman, Lobby Secured, Security Patrol

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Condo/Co-op/Association

  • Amenities: Boat Dock, Clubhouse-Clubroom, Elevator(s), Exercise Room, Heated Pool, Exterior Lighting, Pool, Tennis Court(s), Trash Chute, Vehicle Wash Area
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Pets Allowed: Yes
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 1117

Multi Family

  • Maintenance Expense: 8938

Tax Info

  • Tax Annual Amount: 6940
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2020
Closed on
Oct 11, 2021
Sold by
Powell Earl W
Bought by
Sanchez Lanai East Llc
Seller's Agent
Sheila Freed
Coldwell Banker Realty
Buyer's Agent
Maria Marin-Sanchez
One Sotheby's International Realty
List Price
$549,900
Sold Price
$507,500
Premium/Discount to List
-$42,400
-7.71%
Current Estimated Value
$768,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,169
Avg. Annual Appreciation
10.94%

Purchase Details

Listed on
Sep 24, 2018
Closed on
Nov 2, 2018
Sold by
Sanders Scott and Sanders Diane
Bought by
Powell Earl W
Seller's Agent
Sheila Freed
Coldwell Banker Realty
Buyer's Agent
Sheila Freed
Coldwell Banker Realty
List Price
$500,000
Sold Price
$450,000
Premium/Discount to List
-$50,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.16%

Purchase Details

Closed on
Apr 4, 2014
Sold by
Shalala Donna E
Bought by
Sanders Scott and Sanders Diane

Purchase Details

Closed on
Oct 9, 2012
Sold by
Shalala Donna
Bought by
Shalala Donna E and Donna E Shalala Restated Revocable Trust

Purchase Details

Closed on
Jan 28, 2011
Sold by
Bryant John Jack and Bryant Effie G
Bought by
Shalala Donna

Purchase Details

Closed on
Jan 6, 2006
Sold by
Hicks Wayland R and Hicks Karen L
Bought by
Bryant John Jack and Bryant Effie G

Purchase Details

Closed on
Jun 2, 2003
Sold by
Gables Two Associates
Bought by
Hicks Wayland R and Hicks Karen L
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
Sanchez Lanai East Llc $507,500 Florida Secured Title Llc
Powell Earl W $450,000 Attorney
Sanders Scott $370,000 Attorney
Shalala Donna E -- Attorney
Shalala Donna $150,000 Attorney
Bryant John Jack $590,000 None Available
Hicks Wayland R $400,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2021 10/12/21 Sold $507,500 -7.7% $454 / Sq Ft
09/01/2021 09/01/21 Pending -- -- --
05/18/2020 05/18/20 For Sale $549,900 +22.2% $492 / Sq Ft
11/02/2018 11/02/18 Sold $450,000 -10.0% $403 / Sq Ft
10/04/2018 10/04/18 Pending -- -- --
09/23/2018 09/23/18 For Sale $500,000 -- $448 / 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 $10,728 $557,689 -- --
2024 $9,827 $506,990 -- --
2023 $9,827 $460,900 $0 $0
2022 $7,736 $419,000 $0 $0
2021 $6,904 $363,200 $0 $0
2020 $6,922 $363,182 $0 $0
2019 $6,940 $363,182 $0 $0
2018 $5,095 $312,888 $0 $0
2017 $5,044 $306,453 $0 $0
2016 $5,030 $300,150 $0 $0
2015 $5,128 $300,150 $0 $0
2014 $5,754 $285,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10860985

MIAMI REALTORS® MLS

APN: 03-4129-066-1020