NOT LISTED FOR SALE

625 Solano Prado Coral Gables, FL 33156

Gables Estates Neighborhood

Estimated Value: $6,328,000 - $11,090,969

4 Beds
3.5 Baths
4,091 Sq Ft
$2,252/Sq Ft Est. Value

Last Sold April 11, 2018

Last sale price $4,650,000 $1,137 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $58,479/month

67 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • In Ground Pool
  • Sunset Elementary School Rated A
  • Boat Lift
  • Gated Community

About This Home

As of April 2018

Beautiful and pristine home in guard gated Old Cutler Bay. Enjoy the ocean access with no bridges to the bay and spacious covered terraces with views of waterways & pool. The property has 103 FT on the water with boat davit & 54 foot dock capable of accommodating a large Yacht. This beautifully and spacious home has 3 bedrooms, maid’s room, 3.5 baths, formal living room, dining room, large family room, beautifully kitchen with granite tops, a breakfast area with view to pool and water, electric generator, electric shutters. Unbelievable opportunity to own a beautiful home in one of the best gated waterfront communities in Coral Gables.

Last Agent to Sell the Property

Rene Iglesias

One Sotheby's International Realty License #3229823 Listed on: 01/29/2018

One Sotheby's International Realty

Last Buyer's Agent

Rene Iglesias

One Sotheby's International Realty License #3229823 Listed on: 01/29/2018

One Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $72,323

Year Built

  • Built in 1966

Lot Details

  • 0.46 Acre Lot
  • 103 Ft Wide Lot
  • Waterfront
  • Southwest Facing Home
  • Fenced
  • Property is zoned R-14

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener
  • Circular Driveway
  • Open Parking

Property Views

  • Canal
  • Pool

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1-Story Property
  • Wet Bar
  • Ceiling Fan
  • Electric Shutters
  • Casement Windows
  • French Doors
  • Family Room
  • Formal Dining Room
  • Utility Room in Garage
  • Marble Flooring

Kitchen

  • Breakfast Area or Nook
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Maid or Guest Quarters

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Pool Equipment Stays

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Boat Lift
  • Private Dock
  • Patio
  • Exterior Lighting
  • Porch

Location

  • East of U.S. Route 1

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 03-51-05-005-0270

Community Details

Overview

  • Voluntary home owners association
  • Old Cutler Bay Sec 01,Old Cutler Bay Subdivision
  • The community has rules related to no motorcycles, no recreational vehicles or boats, no trucks or trailers

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$72,323

Year Built

Built in 1966

Lot Details

0

HOA Fees

$83 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1966
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Directions: Old Cutler Road To Old Cutler Bay Entrance (Aprox SW 92 ST) Thru Guard Gate, Follow Road East To Property. House Is On Left Side.
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlift,Private Dock,Unrestricted Salt Water Access
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: Old Cutler Bay Sec 01,Old Cutler Bay
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: First Floor Entry, Closet Cabinetry, French Doors, Walk-In Closet(s), Wet Bar, Family Room, Maid/In-Law Quarters, Utility/Laundry In Garage
  • Spa Yn: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Flooring: Marble
  • Furnished: Unfurnished
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Unknown/Withheld
  • Window Features: Electric Shutters, Hurricane Shutters, Casement
  • Bedroom Features: Entry Level, Primary Bedroom Ground Level
  • Dining Room Features: Breakfast Area, Formal Dining
  • Living Room Features: Family Room, Maid/In-Law Quarters, Utility/Laundry In Garage

Exterior Features

  • Roof: Barrel Roof
  • View: Canal, Pool, Water
  • Exterior Features: Lighting
  • Construction Type: CBS Construction
  • Direction Faces: Southwest
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot, East Of US 1
  • Patio And Porch Features: Open Porch, Patio
  • Pool Features: In Ground, Equipment Stays
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, No Fixed Bridges, Seawall
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Old Cutler Bay Sec 01
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Circular Driveway, No Motorcycle, No Rv/Boats, No Trucks/Trailers

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: In Garage

Condo/Co-op/Association

  • Association Fee: 1000
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Gated, Gated Community, Paved Road, Security Patrol, Underground Utilities, Voluntary Hoa
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 03-51-05-005-0270
  • Lot Size Sq Ft: 19938
  • Zoning: R-14
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 72323

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2018
Closed on
Apr 10, 2018
Sold by
625 Solano Prado Llc
Bought by
Gutierrez Horacio and Troconis Morella
Seller's Agent
Rene Iglesias
One Sotheby's International Realty
Buyer's Agent
Rene Iglesias
One Sotheby's International Realty
List Price
$4,750,000
Sold Price
$4,650,000
Premium/Discount to List
-$100,000
-2.11%
Current Estimated Value
$9,212,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,562,242
Avg. Annual Appreciation
8.71%

Purchase Details

Listed on
Jul 18, 2016
Closed on
Aug 15, 2016
Sold by
Souto Angel L and Souto Margarita E
Bought by
625 Solano Prado Llc
Seller's Agent
Rene Iglesias
One Sotheby's International Realty
Buyer's Agent
MaryLee Glenn
City Brokers
Sold Price
$13,000
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
Gutierrez Horacio $4,650,000 Attorney
625 Solano Prado Llc -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Souto Angel L $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2018 04/11/18 Sold $4,650,000 -2.1% $1,137 / Sq Ft
04/03/2018 04/03/18 Pending -- -- --
01/26/2018 01/26/18 For Sale $4,750,000 0.0% $1,161 / Sq Ft
08/31/2016 08/31/16 Rented $13,000 -10.3% --
08/04/2016 08/04/16 Under Contract -- -- --
07/18/2016 07/18/16 For Rent $14,500 -- --
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 $111,780 $5,627,976 -- --
2024 $100,280 $5,116,342 -- --
2023 $100,280 $4,651,220 $0 $0
2022 $87,056 $4,228,382 $0 $0
2021 $76,788 $3,843,984 $3,150,204 $693,780
2020 $74,092 $3,690,590 $2,990,700 $699,890
2019 $70,916 $3,513,272 $2,807,270 $706,002
2018 $60,355 $3,035,182 $2,552,064 $483,118
2017 $75,337 $3,797,040 $0 $0
2016 $23,337 $1,064,513 $0 $0
2015 $23,543 $1,057,114 $0 $0
2014 $23,183 $1,048,725 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rene Iglesias

    Seller's Agent in 2018

    Rene Iglesias

    One Sotheby's International Realty

    (305) 803-7779

    10 Total Sales

    Rene Iglesias
    Section Image

  • M

    Buyer's Agent in 2016

    MaryLee Glenn

    City Brokers

    (305) 445-0885

    3 Total Sales

    MaryLee Glenn
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10407766

MIAMI REALTORS® MLS

APN: 03-5105-005-0270

Florida Miami/Dade County Coral Gables 33156 Gables Estates

625 Solano Prado, Coral Gables, FL

This home is located at 625 Solano Prado, Coral Gables, FL 33156 since 29 January 2018 and is currently estimated at $9,212,242, approximately $2,251 per square foot. This property was built in 1966. 625 Solano Prado is a home located in Miami-Dade County with nearby schools including Sunset Elementary School, 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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