$390,000
SOLD DEC 8, 2017
2 Beds
2 Baths
1,224 Sq Ft
$791/mo HOA Fee

Recently Sold

$319 Per Sq Ft

8% Below List Price

96 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Skyline View
  • Coral Gables Preparatory Academy Rated A-
  • Newly Remodeled
  • Clubhouse

About This Home

As of December 2017

Fabulous & Spacious 1,224sqft 2Bed/2Bath Condo w/ Spectacular Views In Awesome Luxury Coral Gables Bldg.Gorgeous corner unit w/ lovely finishes,lots of natural light,9' ceilings,180* views,oversized balcony and the kind of master suite you dream of.Fantastic location w/ Ponce de Leon Blvd 1 block away,walking distance to shopping & dining @ The Miracle Mile,& the Douglas Rd Metrorail station just 2 miles away,making commuting or taking a day trip north OR south a quick easy breeze.From the complimentary valet & professional concierge,to the beautiful pool deck w/ water features & zen garden,to the fully stocked gym and stunning club room,Puerta de Palmas is all about luxury,over the top amenities,above & beyond service, & the quintessential Coral Gables style and elegance at a great value.

Last Agent to Sell the Property

Jane Buffington

Keller Williams Realty Miami Beach License #3105209 Listed on: 08/02/2017

Keller Williams Realty Miami Beach

Last Buyer's Agent

Michael Martin

Icon R.E. Consultants, LLC License #0700038

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,460

Year Built

  • Built in 2007 | Newly Remodeled

HOA Fees

  • $791 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Secured Garage or Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,224 Sq Ft Home
  • Sliding Windows
  • Open Floorplan
  • Storage Room

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Additional Features

  • Accessible Elevator Installed
  • South Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 03-41-08-114-1690

Community Details

Overview

  • High-Rise Condominium
  • Puerta De Palmas Condos
  • The community has rules related to no recreational vehicles or boats
  • 16-Story Property

Amenities

  • Doorman
  • Clubhouse
  • Business Center
  • Secure Lobby
  • Community Storage Space
  • Elevator

Recreation

  • Putting Green

Pet Policy

  • Breed Restrictions

Building Details

Security

  • High Impact Windows
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,460

Year Built

Built in 2007 | Newly Remodeled

Lot Details

0

HOA Fees

$791 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Entry Level: 11
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Year Built Details: New Construction
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Lobby, Elevator, Fire Sprinklers, Walk-In Closet(s), Storage, Utility Room/Laundry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1224
  • Possible Use: Primary
  • Stories: 16
  • Window Features: High Impact Windows, Impact Glass, Sliding
  • Bedroom Features: Other
  • Dining Room Features: Breakfast Area, Dining/Living Room, Kitchen Dining
  • Living Room Features: Storage Room, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • View: Skyline, Other View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Puerta de Palmas
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Covered, No Rv/Boats

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Fire Sprinklers, Doorman, Secured Garage/Parking, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 791
  • Amenities: Business Center, Clubhouse-Clubroom, Elevator(s), Exercise Room, Storage, Heated Pool, Pool, Putting Green
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 03-41-08-114-1690
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 791

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 5460

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2017
Closed on
Dec 6, 2017
Sold by
Jayanthan Prem Naath and Ringler Jayanthan Elizabeth Ann
Bought by
Gutierrez Daniel and Mejia Isabela
Seller's Agent
Jane Buffington
Keller Williams Realty Miami Beach
Buyer's Agent
Michael Martin
Icon R.E. Consultants, LLC
List Price
$425,000
Sold Price
$390,000
Premium/Discount to List
-$35,000
-8.24%
Current Estimated Value
$609,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,804
Avg. Annual Appreciation
6.67%
Original Mortgage
$255,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 6, 2014
Closed on
Apr 22, 2015
Sold by
Probst Robert E and Probst Wendy S
Bought by
Jayanthan Jay Kanagaratnam and Jayanthan Shanthini
Seller's Agent
Sylvia Lines
Coldwell Banker Realty
Buyer's Agent
Jane Buffington
Keller Williams Realty Miami Beach
List Price
$395,000
Sold Price
$385,000
Premium/Discount to List
-$10,000
-2.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.49%

Purchase Details

Closed on
Sep 4, 2007
Sold by
Urban Development 1 Llc
Bought by
Probst Robert E and Probst Wendy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
7%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $390,000 Federated Title & Trust Llc
Warranty Deed $385,000 Clear Title Services Inc
Special Warranty Deed $475,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $255,500 New Conventional
Closed $255,000 New Conventional
Previous Owner $380,000 Unknown
Previous Owner $380,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2017 12/08/17 Sold $390,000 -2.5% $319 / Sq Ft
08/27/2017 08/27/17 Price Changed $400,000 -5.9% $327 / Sq Ft
08/02/2017 08/02/17 For Sale $425,000 +10.4% $347 / Sq Ft
04/24/2015 04/24/15 Sold $385,000 0.0% $315 / Sq Ft
03/30/2015 03/30/15 Pending -- -- --
03/14/2015 03/14/15 Price Changed $385,000 -3.5% $315 / Sq Ft
12/01/2014 12/01/14 Price Changed $399,000 +1.0% $326 / Sq Ft
10/06/2014 10/06/14 For Sale $395,000 0.0% $323 / Sq Ft
09/15/2012 09/15/12 Rented $2,100 -4.5% --
08/16/2012 08/16/12 Under Contract -- -- --
06/13/2012 06/13/12 For Rent $2,200 -- --
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
2024 $4,993 $319,075 -- --
2023 $4,993 $309,782 $0 $0
2022 $4,823 $300,760 $0 $0
2021 $4,799 $292,000 $0 $0
2020 $5,104 $307,353 $0 $0
2019 $5,235 $313,626 $0 $0
2018 $5,051 $310,521 $0 $0
2017 $4,592 $282,292 $0 $0
2016 $5,460 $282,292 $0 $0
2015 $5,302 $268,850 $0 $0
2014 $5,199 $248,872 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10321158

MIAMI REALTORS® MLS

APN: 03-4108-114-1690