NOT LISTED FOR SALE

Estimated Value: $6,223,000 - $7,750,832

1 Bed
1 Bath
700 Sq Ft
$10,109/Sq Ft Est. Value

Highlights

  • In Ground Pool
  • Wood Flooring
  • No HOA
  • Coral Gables Preparatory Academy Rated A-
  • Garden View
  • Card or Code Access

About This Home

As of May 2020

One bedroom corner apartment in Coral Gables' most outstanding location. Sparkling pool. Wood floors. Granite and stainless steel kitchen. Trane central a/c. Reserved parking, security, laundry facilities. Walking distance to
Miracle Mile, Publix, restaurants. Around the corner from the Granada Golf Course.

Last Agent to Rent the Property

Carmen Acosta

Acosta & Associates Inc License #0132168 Listed on: 05/08/2020

Co-Listed By

Christine Acosta

Acosta & Associates Inc License #0565261

Last Renter's Agent

Carmen Acosta

Acosta & Associates Inc License #0132168 Listed on: 05/08/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $44,517

Year Built

  • Built in 1959

Lot Details

  • 10,080 Sq Ft Lot
  • Northeast Facing Home

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 700 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Wood Flooring
  • Garden Views

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Car Parking Space
  • Assigned Parking

Pool

  • In Ground Pool

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 6/1/20
  • Assessor Parcel Number 03-41-17-008-0160

Community Details

Overview

  • No Home Owners Association
  • Coral Gables Biltmore Sec Condos
  • Coral Gables Biltmore Sec Subdivision

Recreation

  • Community Pool

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • Walled

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$44,517

Year Built

Built in 1959

Lot Details

0

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2020-06-01

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1959
  • Property Sub Type: Multi Family
  • Co List Office Mls Id: ACOS01
  • Co List Office Phone: 305-775-4181
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Apartments-Annual, Multi Family
  • Subdivision Name: CORAL GABLES BILTMORE SEC
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Electric Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 700
  • Stories: 2
  • Dining Room Features: Dining/Living Room

Exterior Features

  • View: Garden
  • Direction Faces: Northeast
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: CORAL GABLES BILTMORE SEC
  • Parking Features: 1 Space, Assigned

Utilities

  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Key Card Entry, Walled

Condo/Co-op/Association

  • Amenities: Community Pool
  • Association: No

Lot Info

  • Parcel Number: 03-41-17-008-0160
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 10080
  • Zoning: 5000
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2022
Sold by
Russel Sherrill T
Bought by
Qrb 719 Biltmore Llc
Current Estimated Value
$7,076,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Outstanding Balance
$2,871,270
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$2,671,444
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
Qrb 719 Biltmore Llc $6,000,000 Bared & Associates Pa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Qrb 719 Biltmore Llc $3,000,000
Previous Owner Sherrill T Russell $910,000
Previous Owner Sherrill T Russell $728,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2020 05/28/20 Rented $1,540 -3.4% --
05/07/2020 05/07/20 For Rent $1,595 +2.9% --
02/04/2019 02/04/19 Rented $1,550 -2.8% --
12/26/2018 12/26/18 For Rent $1,595 -- --
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 $44,517 $2,399,545 $2,397,400 $2,145
2024 $53,400 $2,399,545 $2,397,400 $2,145
2023 $53,400 $2,870,950 $2,397,400 $473,550
2022 $30,739 $1,680,000 $1,438,440 $241,560
2021 $31,630 $1,636,390 $1,378,505 $257,885
2020 $30,365 $1,624,000 $1,378,505 $245,495
2019 $27,132 $1,390,000 $1,198,700 $191,300
2018 $26,335 $1,380,000 $1,008,000 $372,000
2017 $25,541 $1,320,000 $0 $0
2016 $23,754 $1,200,000 $0 $0
2015 $24,385 $1,210,000 $0 $0
2014 $23,296 $1,122,357 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10856055

MIAMI REALTORS® MLS

APN: 03-4117-008-0160