NOT LISTED FOR SALE

Estimated Value: $546,000 - $630,000

2 Beds
2 Baths
1,072 Sq Ft
$829/mo HOA Fee

Last Sold September 29, 2022

Last sale price $505,000 $471 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,531/month

33 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Clubhouse
  • Coral Gables Preparatory Academy Rated A-
  • Skyline View
  • Community Pool

About This Home

As of September 2022

Luxurious building in a perfectly convenient location at the Douglas entrance of Coral Gables. This high corner has an incredible unobstructed view. Split plan has nice sized rooms and a great flow. Windows all around to see the sunrise and sunset, including the dramatic Miami skyline. Full amenity building includes all services. Parking garage elevator brings you right outside your front door. Beautiful lobby to welcome guests with overflowing common areas. Well run building has reserves and a beautification project for the halls coming up in a few months. Once you come to Puerta De Palmas you won't want to live anywhere else. Very generous pet policy, pets up to 80lb. Minimum rent 90 days, once a year.

Last Agent to Sell the Property

Laney Rada

Douglas Elliman License #0423950 Listed on: 07/15/2022

Douglas Elliman

Last Buyer's Agent

Natalie Mendez

The Space Brokers LLC License #3493091

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,440

Year Built

  • Built in 2007

HOA Fees

  • $829 Monthly HOA Fees

Parking

  • 1 Car Garage
  • On-Street Parking
  • Open Parking
  • Deeded Parking
  • Assigned Parking

Interior Spaces

  • 1,072 Sq Ft Home
  • Property has 1 Level
  • Combination Dining and Living Room

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Dishwasher
  • Snack Bar or Counter

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Northeast Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 03-41-08-114-0320

Community Details

Overview

  • 196 Units
  • High-Rise Condominium
  • Puerta De Palmas Condos
  • Puerta De Palmas Condo Subdivision

Amenities

  • Doorman
  • Valet Parking
  • Trash Chute
  • Clubhouse
  • Business Center
  • Community Center
  • Party Room
  • Secure Lobby
  • Interior Hall
  • Elevator

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Secure Elevator
  • Secure Stairs
  • Clear Impact Glass
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,440

Year Built

Built in 2007

Lot Details

0

HOA Fees

$829 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 12
  • Garage Yn: Yes
  • Horses: No
  • Unit Levels: 1
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: PUERTA DE PALMAS CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Interior Hall, Lobby, First Floor Entry, Fire Sprinklers
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Carpet, Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1072
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Window Features: Clear Impact Glass, Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level
  • Dining Room Features: Dining/Living Room, Snack Bar/Counter
  • Master Bathroom Features: Separate Tub & Shower

Exterior Features

  • View: Other View, Skyline
  • Direction Faces: Northeast
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Puerta De Palmas
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: 1 Space, Assigned, Covered, Deeded, On Street, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Fire Alarm, Smoke Detector, Doorman, Elevator Secure, Lobby Secured, Stairs Secured

Condo/Co-op/Association

  • Association Fee: 829
  • Amenities: Business Center, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Exterior Lighting, Pool, Spa/Hot Tub, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 03-41-08-114-0320
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 196
  • Number Of Units Total: 196

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3440

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2022
Closed on
Sep 28, 2022
Sold by
Bruney Laura Ann
Bought by
Torres Rafael O and Herrera Tara E
Seller's Agent
Laney Rada
Douglas Elliman
Buyer's Agent
Natalie Mendez
The Space Brokers LLC
List Price
$499,000
Sold Price
$505,000
Premium/Discount to List
$6,000
1.2%
Views
19
Current Estimated Value
$575,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,023
Avg. Annual Appreciation
5.19%
Original Mortgage
$479,750
Outstanding Balance
$459,852
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$125,620

Purchase Details

Listed on
Jun 25, 2014
Closed on
Jan 13, 2015
Sold by
Martinez Daniel Gomez and Torres Ana
Bought by
Bruney Laura Ann
Seller's Agent
Jose Mesas
MMLS Assoc.-Inactive Member
Buyer's Agent
Laney Rada
Douglas Elliman
List Price
$345,000
Sold Price
$299,900
Premium/Discount to List
-$45,100
-13.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.01%

Purchase Details

Closed on
Dec 19, 2007
Sold by
Urban Development 1 Llc
Bought by
Martinez Daniel Gomez and Torres Ana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,400
Interest Rate
6.21%
Mortgage Type
Unknown
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
Torres Rafael O $505,000 North Star Title
Bruney Laura Ann $299,900 Windmill Title Company
Martinez Daniel Gomez $428,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Rafael O $479,750
Previous Owner Martinez Daniel Gomez $342,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2022 09/29/22 Sold $505,000 +1.2% $471 / Sq Ft
08/26/2022 08/26/22 For Sale $499,000 0.0% $465 / Sq Ft
08/18/2022 08/18/22 Pending -- -- --
08/10/2022 08/10/22 Price Changed $499,000 -7.4% $465 / Sq Ft
07/25/2022 07/25/22 Price Changed $539,000 -1.8% $503 / Sq Ft
07/15/2022 07/15/22 For Sale $549,000 +83.1% $512 / Sq Ft
01/23/2015 01/23/15 Sold $299,900 -13.1% $280 / Sq Ft
01/15/2015 01/15/15 Pending -- -- --
11/04/2014 11/04/14 Price Changed $345,000 0.0% $322 / Sq Ft
11/04/2014 11/04/14 For Sale $345,000 +72.5% $322 / Sq Ft
07/10/2014 07/10/14 Pending -- -- --
06/25/2014 06/25/14 For Sale $200,000 -- $187 / 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 $6,829 $424,228 -- --
2024 $6,650 $412,273 -- --
2023 $6,650 $400,266 $0 $0
2022 $3,462 $226,408 $0 $0
2021 $3,440 $219,814 $0 $0
2020 $3,395 $216,780 $0 $0
2019 $3,311 $211,907 $0 $0
2018 $3,156 $207,956 $0 $0
2017 $3,121 $203,679 $0 $0
2016 $3,108 $199,490 $0 $0
2015 $5,086 $237,341 $0 $0
2014 $4,516 $215,765 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11240048

MIAMI REALTORS® MLS

APN: 03-4108-114-0320