NOT LISTED FOR SALE

671 Biltmore Way Unit 501 Coral Gables, FL 33134

Central Coral Gables Neighborhood

Estimated Value: $888,000 - $1,354,000

2 Beds
2.5 Baths
1,870 Sq Ft
$650/mo HOA Fee

Last Sold October 11, 2016

Last sale price $700,000 $374 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $6,992/month

43 Days on Market

Highlights

  • Fitness Center
  • Intercom to Front Desk
  • Marble Flooring
  • Coral Gables Preparatory Academy Rated A-
  • Sitting Area In Primary Bedroom
  • Jetted Tub and Shower Combination in Primary Bathroom

About This Home

As of October 2016

A ONE OF A KIND, STUNNING, FULLY RENOVATED CONDO IN THE HEART OF CORAL GABLES. TOO MANY UPGRADES TO LIST. DEN/OFFICE CAN BE USED AS A THIRD BEDROOM. SUPER SPACIOUS LAYOUT. A MUST SEE PROPERTY. HURRY, AS THIS OPPORTUNITY WON'T LAST! CALL TODAY TO SET UP AN APPOINTMENT. CHANDELIERS ARE NOT INCLUDED IN SALE.

Last Agent to Sell the Property

Richard Mendez

Lifestyle International Realty License #3322376 Listed on: 06/30/2016

Lifestyle International Realty

Last Buyer's Agent

Mauricio Barba

Compass Florida, LLC License #0609428

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,147

Year Built

  • Built in 2001 | Remodeled

HOA Fees

  • $650 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 1 Detached Carport Space
  • Automatic Garage Door Opener
  • On-Street Parking
  • Open Parking

Home Design

  • Entry on the 5th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,870 Sq Ft Home
  • Built-In Features
  • Drapes & Rods
  • Blinds
  • French Doors
  • Open Floorplan
  • Den
  • Property Views

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Sitting Area In Primary Bedroom
  • Closet Cabinetry
  • Bidet
  • Dual Sinks
  • Jetted Tub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • End Unit
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 03-41-17-042-0050

Community Details

Overview

  • Mid-Rise Condominium
  • Biltmore Village Condo
  • Biltmore Village Subdivision
  • The community has rules related to no recreational vehicles or boats
  • 7-Story Property

Amenities

  • Intercom to Front Desk
  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,147

Year Built

Built in 2001 | Remodeled

Lot Details

0

HOA Fees

$650 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2001
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Carport Y N: Yes
  • Entry Level: 5
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: BILTMORE VILLAGE
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, French Doors, Den/Library/Office
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: French Doors
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 1870
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Unknown/Withheld
  • Stories: 7
  • Window Features: Blinds, Drapes
  • Bedroom Features: Sitting Area - Primary Bedroom
  • Dining Room Features: Family/Dining Combination, Kitchen Dining
  • Living Room Features: Den/Library/Office
  • Master Bathroom Features: Bidet, Combination Tub & Shower, Dual Sinks, Whirlpool/Spa

Exterior Features

  • View: Other View
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Pool Private: No
  • Property Condition: Updated/Remodeled, Completely Renovated
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: BILTMORE VILLAGE CONDO
  • Carport Spaces: 1
  • Covered Parking Spaces: 2
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Detached Carport, 2 Or More Spaces, Covered, On Street, No Rv/Boats

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, Card Entry, Intercom In Lobby

Condo/Co-op/Association

  • Association Fee: 650
  • Amenities: Elevator(s), Exercise Room, Storage, Other, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 03-41-17-042-0050
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 5147

Multi Family

  • Maintenance Expense: 650

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2016
Closed on
Oct 11, 2016
Sold by
Dohan Russell A
Bought by
Arrebola Vicente E and Llopiz Barbara
Seller's Agent
Richard Mendez
Lifestyle International Realty
Buyer's Agent
Mauricio Barba
Compass Florida, LLC
List Price
$949,000
Sold Price
$700,000
Premium/Discount to List
-$249,000
-26.24%
Current Estimated Value
$1,116,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$416,315
Avg. Annual Appreciation
5.20%
Original Mortgage
$560,000
Outstanding Balance
$448,517
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$667,798

Purchase Details

Closed on
Jun 17, 2003
Sold by
Florman Neil
Bought by
Dohan Russell A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
5.56%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 28, 2002
Sold by
Biltmore Associates
Bought by
Florman Neil
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Arrebola Vicente E $700,000 Attorney
Dohan Russell A $460,000 --
Florman Neil -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arrebola Vicente E $560,000
Previous Owner Dohan Russell A $368,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2016 10/11/16 Sold $700,000 -4.0% $374 / Sq Ft
08/12/2016 08/12/16 Pending -- -- --
08/09/2016 08/09/16 Price Changed $729,000 -14.1% $390 / Sq Ft
07/26/2016 07/26/16 Price Changed $849,000 -10.5% $454 / Sq Ft
06/30/2016 06/30/16 For Sale $949,000 -- $507 / 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 $5,714 $361,187 -- --
2024 $5,561 $351,008 -- --
2023 $5,561 $340,785 $0 $0
2022 $5,374 $330,860 $0 $0
2021 $5,348 $321,224 $0 $0
2020 $5,282 $316,789 $0 $0
2019 $5,160 $309,667 $0 $0
2018 $4,929 $303,894 $0 $0
2017 $4,879 $297,644 $0 $0
2016 $5,088 $303,219 $0 $0
2015 $5,147 $301,112 $0 $0
2014 $5,215 $298,723 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Richard Mendez

    Seller's Agent in 2016

    Richard Mendez

    Lifestyle International Realty

    (786) 449-0747

    66 Total Sales

    Richard Mendez
    Section Image
  • Mauricio Barba

    Buyer's Agent in 2016

    Mauricio Barba

    Compass Florida, LLC

    (305) 439-8311

    8 in this area

    90 Total Sales

    Mauricio Barba
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10108684

MIAMI REALTORS® MLS

APN: 03-4117-042-0050

Florida Miami/Dade County Coral Gables 33134 Central Coral Gables

671 Biltmore Way Unit 501, Coral Gables, FL

Not Listed for Sale

Condos

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