NOT LISTED FOR SALE

850 Benevento Ave Coral Gables, FL 33146

Upper Riviera Neighborhood

Estimated Value: $1,677,000 - $1,872,000

6 Beds
4 Baths
3,073 Sq Ft
$577/Sq Ft Est. Value

Last Sold May 03, 2024

Last sale price $1,615,000 $526 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $12,042/month

72 Days on Market

Highlights

  • No HOA
  • Partial Panel Shutters or Awnings
  • Patio
  • George W. Carver Elementary School Rated A
  • Plantation Shutters
  • Tile Flooring

About This Home

As of May 2024

Calling all investors! This duplex is located within mere blocks of the University of Miami campus, in a beautiful Coral Gables neighborhood, surrounded by multi-million dollar homes, making it a prime spot to own a property. It's an investor's DREAM - extremely low vacancy and always in demand! Each unit has 3 BRs/2 BAs and they have been very well maintained. Each unit comes with 1 parking space, an outdoor screened patio, and in-unit washer/dryer. One unit has an updated kitchen and bathrooms. Living spaces and bedrooms are generously proportioned and have tile floors. There's plenty of on-street parking for more cars. Current leases go through May 31, rental rates are below market value. Only 1 of 3 duplexes on the market in all of Coral Gables!

Last Agent to Sell the Property

Lynley Ciorobea

Real Broker LLC License #3206267 Listed on: 02/20/2024

Real Broker LLC

Last Buyer's Agent

Olga Granda

Olga Granda, LLC. License #3486125

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,245

Year Built

  • Built in 1966

Lot Details

  • 9,017

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,073 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Plantation Shutters
  • Blinds
  • Sliding Windows
  • Tile Flooring
  • Partial Panel Shutters or Awnings

Outdoor Features

  • Patio

Utilities

  • Central Air
  • No Heating
  • Septic Tank

Community Details

  • No Home Owners Association
  • 2 Units
  • Cg Riviera Sec 3 Rev Condos
  • Cg Riviera Sec 3 Rev Subdivision

Listing and Financial Details

  • Rent includes gardener, pest control, trash collection
  • Assessor Parcel Number 03-41-19-004-1150

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,245

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1966
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: CG RIVIERA SEC 3 REV
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Spa Yn: No
  • Flooring: Tile
  • Living Area: 3073
  • Possible Use: Unknown/Withheld
  • Stories: 1
  • Window Features: Partial Panel Shutters/Awnings, Hurricane Shutters, Blinds, Other Windows, Plantation Shutters, Sliding

Exterior Features

  • Roof: Flat Tile
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: CG RIVIERA SEC 3 REV
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 03-41-19-004-1150
  • Zoning: 5900
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Pest Control, Trash Collection

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 16245

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2024
Closed on
May 2, 2024
Sold by
Benevento 850 Llc
Bought by
Alhambra Antiques Center Inc
Seller's Agent
Lynley Ciorobea
Real Broker LLC
Buyer's Agent
Olga Granda
Olga Granda, LLC.
List Price
$1,799,000
Sold Price
$1,615,000
Premium/Discount to List
-$184,000
-10.23%
Views
40
Current Estimated Value
$1,771,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,945
Avg. Annual Appreciation
3.71%

Purchase Details

Closed on
Oct 13, 2023
Sold by
Suzanne G Brawner Revocable Trust
Bought by
Benevento 850 Llc

Purchase Details

Closed on
Apr 22, 2021
Sold by
Brawner Suzanne G
Bought by
Brawner Suzanne G and Harris Mason

Purchase Details

Closed on
Dec 26, 1995
Sold by
Pr Philip L Brawner
Bought by
Brawner Suzanne G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
7.33%
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
Alhambra Antiques Center Inc $1,615,000 None Listed On Document
Benevento 850 Llc -- --
Brawner Suzanne G -- None Available
Brawner Suzanne G $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brawner Suzanne G $87,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2024 05/03/24 Sold $1,615,000 -10.2% $526 / Sq Ft
02/20/2024 02/20/24 For Sale $1,799,000 -- $585 / 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 $28,877 $1,195,588 $900,000 $295,588
2024 $16,245 $1,578,744 $1,350,335 $228,409
2023 $16,245 $787,477 $0 $0
2022 $13,238 $715,889 $486,151 $229,738
2021 $11,538 $605,783 $431,708 $174,075
2020 $11,569 $605,783 $431,708 $174,075
2019 $11,599 $605,783 $431,708 $174,075
2018 $11,158 $605,783 $431,708 $174,075
2017 $10,301 $537,277 $0 $0
2016 $9,946 $488,434 $0 $0
2015 $9,627 $444,031 $0 $0
2014 $8,166 $403,665 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lynley Ciorobea

    Seller's Agent in 2024

    Lynley Ciorobea

    Real Broker LLC

    (305) 968-6505

    3 in this area

    113 Total Sales

    Lynley Ciorobea
    Section Image
  • Olga Granda

    Buyer's Agent in 2024

    Olga Granda

    Olga Granda, LLC.

    (305) 528-4539

    1 in this area

    6 Total Sales

    Olga Granda
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11536659

MIAMI REALTORS® MLS

APN: 03-4119-004-1150

Florida Miami/Dade County Coral Gables 33146 Upper Riviera

850 Benevento Ave, Coral Gables, FL

This home is located at 850 Benevento Ave, Coral Gables, FL 33146 since 20 February 2024 and is currently estimated at $1,771,945, approximately $576 per square foot. This property was built in 1966. 850 Benevento Ave is a home located in Miami-Dade County with nearby schools including George W. Carver 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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