NOT LISTED FOR SALE

650 Coral Way Unit 405 Coral Gables, FL 33134

Central Coral Gables Neighborhood

Estimated Value: $418,000 - $509,000

2 Beds
2 Baths
866 Sq Ft
$538/mo HOA Fee

Last Sold December 15, 2023

Last sale price $450,000 $520 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,643/month

41 Days on Market

Highlights

  • On Golf Course
  • Intercom to Front Desk
  • Pool View
  • Coral Gables Preparatory Academy Rated A-
  • Marble Flooring
  • Community Pool

About This Home

As of December 2023

Located in the heart of Coral Gables in a boutique 5-story building across from the Granada Golf Course, this corner unit has windows in every room and is very light and bright. Fantastic location providing a walkable lifestyle to fine dining, shopping, art and culture. Airport is only 4 miles away and University of Miami only 2. Close to hospitals. Low maintenance fee. Great layout, feels more like a home than a condo. These units are rarely on the market. Appliances and AC have been updated with washer and dryer inside the unit. Assigned storage locker in basement of building. Easy to show.

Last Agent to Sell the Property

Patricia Bilbao

One Sotheby's International Realty License #3502930 Listed on: 11/03/2023

One Sotheby's International Realty

Last Buyer's Agent

Alex Marti

Robert Slack LLC License #3436546

Robert Slack LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,300

Year Built

  • Built in 1960 | Remodeled

Lot Details

  • On Golf Course
  • North Facing Home

HOA Fees

  • $538 Monthly HOA Fees

Parking

  • 1 Car Garage
  • On-Street Parking
  • Open Parking
  • Assigned Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 866 Sq Ft Home
  • Blinds
  • Combination Dining and Living Room
  • Storage Room
  • Marble Flooring
  • Pool Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Courtyard

Listing and Financial Details

  • Assessor Parcel Number 03-41-17-024-0240

Community Details

Overview

  • 35 Units
  • Gables Way Condo
  • Gables Way Condo,Gables Way Condo Subdivision
  • 5-Story Property

Amenities

  • Intercom to Front Desk
  • Community Storage Space
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Building Details

Security

  • Phone Entry
  • High Impact Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,300

Year Built

Built in 1960 | Remodeled

Lot Details

0

HOA Fees

$538 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1960
  • Property Sub Type: Condominium
  • Co List Office Mls Id: OSIR01
  • Co List Office Phone: 305-666-0562
  • Entry Level: 4
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: GABLES WAY CONDO,Gables Way Condo
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Storage, Utility Room/Laundry
  • Accessibility Features: Accessible Elevator Installed
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 866
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 5
  • Window Features: Clear Impact Glass, Complete Impact Glass, Blinds, High Impact Windows, Impact Glass
  • Bedroom Features: Entry Level, Primary Bath Shower
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Storage Room, Utility Room/Laundry
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Pool Area View
  • Exterior Features: On Golf Course, Courtyard
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Pool Private: No
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Park Building Name: Gables Way Condo
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: 1 Space, Assigned, On Street

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Phone Entry, Intercom In Lobby

Condo/Co-op/Association

  • Association Fee: 538
  • Amenities: Elevator(s), Storage, Exterior Lighting, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

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

Lot Info

  • Parcel Number: 03-41-17-024-0240
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Multi Family

  • Maintenance Expense: 538
  • Number Of Units In Community: 35
  • Number Of Units Total: 35

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2023
Closed on
Dec 14, 2023
Sold by
Rock John A and Rock Martha M
Bought by
Freire Juan Carlos and Pazmino-Freire Maria Jos
Seller's Agent
Patricia Bilbao
One Sotheby's International Realty
Buyer's Agent
Alex Marti
Robert Slack LLC
List Price
$475,000
Sold Price
$450,000
Premium/Discount to List
-$25,000
-5.26%
Views
126
Current Estimated Value
$474,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,958
Avg. Annual Appreciation
3.39%

Purchase Details

Listed on
Apr 7, 2017
Closed on
May 19, 2017
Sold by
Cosculluela Maria Eugenia
Bought by
Rock John A and Rock Martha M
Seller's Agent
Maria Pia Sague
Brown Harris Stevens
Buyer's Agent
Maria Pia Sague
Brown Harris Stevens
List Price
$319,000
Sold Price
$297,500
Premium/Discount to List
-$21,500
-6.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.49%

Purchase Details

Closed on
Jun 3, 2006
Sold by
Simpson Beverly
Bought by
Cosculluela Maria Eugenia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,200
Interest Rate
7.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 13, 2006
Sold by
Kubit Donald E
Bought by
Simpson Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,200
Interest Rate
7.25%
Mortgage Type
Unknown
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 Buyer Sale Price Title Company
Freire Juan Carlos $450,000 Florida Secured Title
Rock John A $297,500 Attorney
Cosculluela Maria Eugenia $269,000 Sunbelt Title Agency
Simpson Beverly -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cosculluela Maria Eugenia $215,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Sold $450,000 -5.3% $520 / Sq Ft
11/03/2023 11/03/23 For Sale $475,000 0.0% $548 / Sq Ft
09/16/2020 09/16/20 Rented $2,200 -8.3% --
08/01/2020 08/01/20 For Rent $2,400 0.0% --
07/02/2018 07/02/18 Rented $2,400 0.0% --
03/12/2018 03/12/18 For Rent $2,400 +9.1% --
07/25/2017 07/25/17 Rented $2,200 0.0% --
07/05/2017 07/05/17 For Rent $2,200 0.0% --
05/19/2017 05/19/17 Sold $297,500 -6.7% $344 / Sq Ft
05/02/2017 05/02/17 Pending -- -- --
04/03/2017 04/03/17 For Sale $319,000 0.0% $368 / Sq Ft
04/15/2014 04/15/14 Rented $1,700 0.0% --
03/16/2014 03/16/14 Under Contract -- -- --
03/15/2014 03/15/14 For Rent $1,700 -- --
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 $5,785 $318,000 -- --
2024 $5,005 $354,902 -- --
2023 $5,005 $247,021 $0 $0
2022 $4,300 $224,565 $0 $0
2021 $3,912 $204,150 $0 $0
2020 $3,572 $185,591 $0 $0
2019 $4,176 $217,065 $0 $0
2018 $4,477 $238,533 $0 $0
2017 $4,363 $223,962 $0 $0
2016 $4,213 $203,602 $0 $0
2015 $3,842 $185,093 $0 $0
2014 $3,538 $168,267 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Patricia Bilbao

    Seller's Agent in 2023

    Patricia Bilbao

    One Sotheby's International Realty

    (786) 570-0756

    7 in this area

    14 Total Sales

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  • Alex Marti

    Buyer's Agent in 2023

    Alex Marti

    Robert Slack LLC

    (305) 421-6400

    1 in this area

    3 Total Sales

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  • Lupe Mann

    Seller's Agent in 2020

    Lupe Mann

    Keller Williams Capital Realty

    (305) 753-9446

    Section Image

  • J

    Buyer's Agent in 2018

    Jane Gomez-Mena

    BHHS EWM Realty

    (305) 491-6485

    4 Total Sales

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  • Jason Smith

    Seller's Agent in 2017

    Jason Smith

    Keller Williams Capital Realty

    (786) 326-8115

    76 Total Sales

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  • Maria Pia Sague

    Seller's Agent in 2017

    Maria Pia Sague

    Brown Harris Stevens

    (305) 491-4780

    16 Total Sales

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11474524

MIAMI REALTORS® MLS

APN: 03-4117-024-0240

Florida Miami/Dade County Coral Gables 33134 Central Coral Gables

650 Coral Way Unit 405, Coral Gables, FL

This home is located at 650 Coral Way Unit 405, Coral Gables, FL 33134 since 03 November 2023 and is currently estimated at $474,958, approximately $548 per square foot. This property was built in 1960. 650 Coral Way Unit 405 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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