NOT LISTED FOR SALE

Estimated Value: $588,467 - $614,000

2 Beds
2 Baths
1,162 Sq Ft
$1,491/mo HOA Fee

Last Sold May 21, 2024

Last sale price $588,000 $506 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,456/month

84 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Clubhouse
  • Coral Gables Preparatory Academy Rated A-
  • Skyline View
  • Jettted Tub and Separate Shower in Primary Bathroom

About This Home

As of May 2024

Lovely Spanish plaza entry, luxury building in Coral Gables. Modern apt, open living areas w designer decor, & balcony w great views. European style kitchen, granite counters, & stainless steel appliances. Master bath features a large Jacuzzi & separate shower. Great storage located in the second floor. Enjoy comfort, resort style amenities. Restaurants, shops, & entertainment in walking distance. Free Valet Parking for guests.

Last Agent to Sell the Property

Maria Zajia

Avanti Way Sunset License #3428681 Listed on: 02/26/2024

Last Buyer's Agent

Magnus Jennemyr

Engel & Völkers Islamorada License #3317928

Engel & Völkers Islamorada

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,676

Year Built

  • Built in 2007

HOA Fees

  • $1,491 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener
  • Secured Garage or Parking
  • Assigned Parking

Home Design

  • Brick Front
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,162 Sq Ft Home

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom
  • Bathtub

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 03-41-08-114-1150

Community Details

Overview

  • High-Rise Condominium
  • Puerta De Palmas Condo
  • Puerta De Palmas Condo Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • 17-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Clubhouse
  • Elevator
  • Secure Lobby

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,676

Year Built

Built in 2007

Lot Details

0

HOA Fees

$1,491 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 11
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: PUERTA DE PALMAS CONDO
  • Year Built Details: Condo-Conversion
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Lobby, Fire Sprinklers, Split Bedroom, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Carpet, Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1162
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Stories: 17
  • Window Features: Hurricane Shutters
  • Bedroom Features: Primary Bath Tub
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • View: Other View, Skyline
  • Exterior Features: Open Balcony
  • Construction Type: Brick, CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: PUERTA DE PALMAS CONDO
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Assigned, Covered, Valet, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Fire Alarm, Doorman, Card Entry, Secured Garage/Parking, Lobby Secured, Other

Condo/Co-op/Association

  • Association Fee: 1491
  • Amenities: Clubhouse-Clubroom, Elevator(s), Exercise Room, Heated Pool, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 03-41-08-114-1150
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6676

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2024
Closed on
May 21, 2024
Sold by
Anaco 3 Llc
Bought by
Garcia Justo Rafael and Garcia Carolina
Seller's Agent
Maria Zajia
Avanti Way Sunset
Buyer's Agent
Magnus Jennemyr
Engel & Völkers Islamorada
List Price
$599,000
Sold Price
$588,000
Premium/Discount to List
-$11,000
-1.84%
Views
65
Current Estimated Value
$599,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,367
Avg. Annual Appreciation
1.65%
Original Mortgage
$294,000
Outstanding Balance
$290,608
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$308,759

Purchase Details

Listed on
Dec 21, 2012
Closed on
Feb 15, 2013
Sold by
Reda Giovanni and Reda Maria C
Bought by
Anaco 3 Llc
Seller's Agent
Claudia Bacelar
BHHS EWM Realty
Buyer's Agent
Maria Caballero Gueits
Avanti Way Realty LLC
List Price
$365,000
Sold Price
$355,000
Premium/Discount to List
-$10,000
-2.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.60%

Purchase Details

Closed on
Sep 2, 2011
Sold by
Urban Development 1 Llc
Bought by
Reda Giovanni and Reda Maria C
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
Garcia Justo Rafael $588,000 Folio Title
Anaco 3 Llc $355,000 Attorney
Reda Giovanni $250,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Justo Rafael $294,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2024 05/21/24 Sold $588,000 -1.8% $506 / Sq Ft
02/26/2024 02/26/24 For Sale $599,000 0.0% $515 / Sq Ft
08/04/2017 08/04/17 Under Contract -- -- --
07/31/2017 07/31/17 Rented $2,500 0.0% --
06/27/2017 06/27/17 Price Changed $2,500 -2.0% $2 / Sq Ft
06/01/2017 06/01/17 Price Changed $2,550 -1.9% $2 / Sq Ft
05/11/2017 05/11/17 Price Changed $2,600 -3.7% $2 / Sq Ft
04/06/2017 04/06/17 For Rent $2,700 0.0% --
03/01/2013 03/01/13 Sold $355,000 -2.7% $306 / Sq Ft
01/25/2013 01/25/13 Pending -- -- --
12/21/2012 12/21/12 For Sale $365,000 -- $314 / 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 $7,735 $404,570 -- --
2024 $6,955 $382,263 -- --
2023 $6,955 $347,512 $0 $0
2022 $5,893 $315,920 $0 $0
2021 $5,474 $287,200 $0 $0
2020 $5,489 $287,217 $0 $0
2019 $5,671 $296,100 $0 $0
2018 $5,540 $296,100 $0 $0
2017 $5,611 $296,100 $0 $0
2016 $5,724 $296,100 $0 $0
2015 $5,557 $281,996 $0 $0
2014 $5,167 $256,360 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11539526

MIAMI REALTORS® MLS

APN: 03-4108-114-1150