NOT LISTED FOR SALE

Estimated Value: $700,000 - $863,000

2 Beds
2 Baths
1,060 Sq Ft
$801/mo HOA Fee

Last Sold February 16, 2023

Last sale price $770,000 $726 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $5,695/month

5 Days on Market

Highlights

  • Property has ocean access
  • Boat Dock
  • Deck
  • Coconut Grove Elementary School Rated A
  • Property Fronts a Bay or Harbor
  • 4-minute walk to Sunrise Park

About This Home

As of February 2023

Rare opportunity to own a waterfront unit with boat slip, no fixed bridges just minutes from the open water. Located on sought after Edgewater Dr. within a boutique building in serene Coral Gables overlooking the bay. This top floor 2/2 condo has been beautifully updated with porcelain tile throughout; beautiful kitchen including quartz counter, new appliances and even a wine cooler. Bathrooms boast marble tile and tasteful lighting throughout. Floor plan flows nicely into the living room areas and balcony with a panoramic water view. Unit Includes covered assigned parking. Your own personal sanctuary, just minutes to Coconut Grove, Downtown Miami and the Beaches. Coral Gables offers some of the best public and private schools in the country.
HIGHEST & BEST OFFERS BY TODAY 1/27/2023- 3PM

Last Agent to Sell the Property

Melissa Lorenzo

Lexan Real Estate, LLC License #0665358 Listed on: 01/23/2023

Last Buyer's Agent

Alec Macias

Sea Grove Realty License #3371759

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,411

Year Built

  • Built in 1968

HOA Fees

  • $801 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,060 Sq Ft Home
  • 3-Story Property
  • Water Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Marble
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Deeded Boat Dock
  • Deck

Additional Features

  • Property Fronts a Bay or Harbor
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 03-41-29-049-0240

Community Details

Overview

  • Low-Rise Condominium
  • Admiral Farragut Condomin Condos
  • Admiral Farragut Condomin Subdivision

Recreation

  • Boat Dock

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,411

Year Built

Built in 1968

Lot Details

0

HOA Fees

$801 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1968
  • Property Sub Type: Condominium
  • Entry Level: 3
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Dock
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: ADMIRAL FARRAGUT CONDOMIN
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Third Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Marble, Tile
  • Furnished: Unfurnished
  • Living Area: 1060
  • Possible Use: Secondary
  • Stories: 3
  • Bedroom Features: Entry Level

Exterior Features

  • View: Water View
  • Exterior Features: Exterior Cat Walk
  • Construction Type: CBS Construction
  • Patio And Porch Features: Deck
  • Pool Private: No
  • View: Yes
  • Waterfront Features: No Fixed Bridges, Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: ADMIRAL FARRAGUT CONDOMIN
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Covered

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: No Security

Condo/Co-op/Association

  • Association Fee: 801
  • Amenities: Boat Dock
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 03-41-29-049-0240
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6411

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2023
Closed on
Feb 15, 2023
Sold by
Nespral Jose F and Nespral Sara
Bought by
Michael Vendelin Megler Amended And Restated
Seller's Agent
Melissa Lorenzo
Lexan Real Estate, LLC
Buyer's Agent
Alec Macias
Sea Grove Realty
List Price
$769,000
Sold Price
$770,000
Premium/Discount to List
$1,000
0.13%
Views
36
Current Estimated Value
$752,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,136
Avg. Annual Appreciation
-1.34%

Purchase Details

Closed on
May 24, 2018
Sold by
Khachab Raymond G and Khachab Laura
Bought by
Nespral Jose F

Purchase Details

Closed on
Jun 8, 2001
Sold by
Cynthia B Olson I
Bought by
Khachab Raymond G and Khachab Laura
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
Michael Vendelin Megler Amended And Restated $770,000 --
Nespral Jose F $400,000 Attorney
Khachab Raymond G $160,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2023 02/16/23 Sold $770,000 +0.1% $726 / Sq Ft
01/28/2023 01/28/23 Pending -- -- --
01/23/2023 01/23/23 For Sale $769,000 -- $725 / 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 $9,257 $450,000 -- --
2024 $7,866 $504,745 -- --
2023 $7,866 $380,303 $0 $0
2022 $6,411 $345,730 $0 $0
2021 $5,984 $314,300 $0 $0
2020 $5,855 $306,638 $0 $0
2019 $5,978 $312,358 $0 $0
2018 $5,739 $309,265 $0 $0
2017 $5,291 $277,680 $0 $0
2016 $5,100 $252,437 $0 $0
2015 $4,929 $229,489 $0 $0
2014 $4,844 $208,627 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11331376

MIAMI REALTORS® MLS

APN: 03-4129-049-0240