NOT LISTED FOR SALE

Estimated Value: $617,000 - $758,000

2 Beds
2 Baths
1,351 Sq Ft
2007 Built

Last Sold December 01, 2021

Last sale price $510,000 $377 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,422/month

52 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Clubhouse
  • Coral Gables Preparatory Academy Rated A-
  • Intercom to Front Desk
  • Garden View

About This Home

As of December 2021

RARE FIND. PUERTA DE PALMAS ONE OF THE MOST LUXURIOUS MEDITERRANEAN BUILDING IN THE HEART OF CORAL GABLES. AMAZING SPACIOUS CORNER UNIT 2 BEDROOM 2 FULL BATH PLUS DEN/BEDROOM AND AN IMMENSE PATIO SURROUNDED WITH LUSH LANDSCAPES. TILE FLOOR THRU OUT. OPEN KITCHEN WITH ITALIAN CABINETRY, GRANITE COUNTER TOPS AND SS APPLIANCES. HIGH CEILING. WALK IN CLOSETS, IMPACT WINDOWS, BLINDS, TWO DEEDED PARKING SPACES, STORAGE ROOM & MUCH MORE. WONDERFUL AMENITIES: FITNESS CENTER, HEATED POOL & SPA, MINI GOLF PUTTING GREEN, 24 H CONCIERGE, VALET PARKING, SECURITY. BASIC CABLE/INTERNET INCLUDED. CLOSE TO MIRACLE MILE, MERRICK PARK SHOPS, CALLE OCHOS, BRICKELL, DOWNTOWN AND MIAMI INTERNATIONAL AIRPORT. A QUIET GEM IN A GREAT SECURE NEIGHBORHOOD. A MUST SEE

Last Agent to Sell the Property

Chantal Arancio

Beachfront Realty Inc License #3042130 Listed on: 10/01/2021

Beachfront Realty Inc

Last Buyer's Agent

Ana Karina Jerez

Cervera Real Estate Inc. License #3124246

Cervera Real Estate Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,925

Year Built

  • Built in 2007

Parking

  • 2 Car Attached Garage
  • Assigned Parking

Home Design

  • Cluster Home
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,351 Sq Ft Home
  • Built-In Features
  • Blinds
  • Bay Window
  • Combination Dining and Living Room
  • Storage Room
  • Tile Flooring
  • Garden Views
  • Video Cameras

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom
  • Bathtub

Laundry

  • Laundry in Utility Room
  • Dryer

Schools

  • Coral Gables Elementary School
  • Ponce De Leon Middle School
  • Coral Glades High School

Additional Features

  • Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 03-41-08-114-0660

Community Details

Overview

  • Property has a Home Owners Association
  • High-Rise Condominium
  • Puerta De Palmas Condos
  • Puerta De Palmas Condo Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • 16-Story Property

Amenities

  • Doorman
  • Community Barbecue Grill
  • Trash Chute
  • Clubhouse
  • Billiard Room
  • Business Center
  • Community Library
  • Intercom to Front Desk
  • Bike Room

Recreation

  • Community Spa
  • Putting Green

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

  • Maintenance Expense $1,005

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,925

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Property Sub Type: Condominium
  • Architectural Style: High Rise, Patio/Cluster
  • Directions: Going North on Douglas Road turn left on Calabria Ave and Right to main historic Douglas Entrance
  • Entry Level: 2
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • 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

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Other Equipment/Appliances, Electric Range, Refrigerator, Self Cleaning Oven
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Fire Sprinklers, Other, Split Bedroom, Walk-In Closet(s), Storage, Utility Room/Laundry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1351
  • Possible Use: Primary
  • Stories: 16
  • Window Features: Clear Impact Glass, Bay Window(s), Blinds, Other Windows
  • Bedroom Features: Entry Level, Master Bath Tub, Other
  • Dining Room Features: Dining/Living Room, Other
  • Living Room Features: Storage Room, Utility Room/Laundry
  • Master Bathroom Features: Separate Tub & Shower

Exterior Features

  • View: Garden View, Other View
  • Construction Type: CBS Construction
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Fire Sprinklers, Fire Alarm, Smoke Detector, Doorman, Elevator Secure, Intercom In Lobby, Security Patrol, TV Camera

Condo/Co-op/Association

  • Amenities: Bike Storage, Billiard Room, Barbecue, Business Center, Clubhouse-Clubroom, Elevator(s), Exercise Room, Heated Pool, Library, Exterior Lighting, Pool, Putting Green, Spa/Hot Tub, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Coral Gables
  • High School: Coral Glades High
  • Middle Or Junior School: Ponce De Leon

Lot Info

  • Parcel Number: 03-41-08-114-0660
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Multi Family

  • Maintenance Expense: 1005

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6925

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2021
Closed on
Dec 1, 2021
Sold by
Michelle Aparicio
Bought by
Ramirez Jose Antonio and Rivas Alexandra
Seller's Agent
Chantal Arancio
Beachfront Realty Inc
Buyer's Agent
Ana Karina Jerez
Cervera Real Estate Inc.
List Price
$549,000
Sold Price
$510,000
Premium/Discount to List
-$39,000
-7.1%
Current Estimated Value
$672,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,555
Avg. Annual Appreciation
7.92%

Purchase Details

Listed on
Jul 23, 2018
Closed on
Oct 2, 2018
Sold by
Otero Alberto M and Otero Trinidad T
Bought by
Murray Richard and Aparicio Michelle
Seller's Agent
Raul Estrada
MMLS Assoc.-Inactive Member
Buyer's Agent
Matthew Krinzman
One Sotheby's International Realty
List Price
$495,000
Sold Price
$475,000
Premium/Discount to List
-$20,000
-4.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.27%

Purchase Details

Closed on
Jan 19, 2010
Sold by
Otero Alberto M and Otero Trinidad T
Bought by
Otero Alberto M and Otero Trinidad T

Purchase Details

Closed on
Aug 27, 2007
Sold by
Urban Development 1 Llc
Bought by
Otero Alberto M and Otero Trinidad T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.7%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Ramirez Jose Antonio $510,000 Snyder International Law Group
Murray Richard $475,000 Attorney
Otero Alberto M -- Attorney
Otero Alberto M $406,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Otero Alberto M $254,000
Previous Owner Otero Albert $35,000
Previous Owner Otero Alberto M $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2021 12/01/21 Sold $510,000 -7.1% $377 / Sq Ft
11/22/2021 11/22/21 Pending -- -- --
10/01/2021 10/01/21 For Sale $549,000 +15.6% $406 / Sq Ft
10/02/2018 10/02/18 Sold $475,000 -4.0% $352 / Sq Ft
08/24/2018 08/24/18 Pending -- -- --
07/01/2018 07/01/18 For Sale $495,000 -- $366 / 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 $9,180 $504,672 -- --
2024 $8,258 $473,094 -- --
2023 $8,258 $430,086 $0 $0
2022 $7,224 $390,988 $0 $0
2021 $6,563 $345,100 $0 $0
2020 $6,925 $363,310 $0 $0
2019 $7,304 $382,432 $0 $0
2018 $3,494 $226,238 $0 $0
2017 $3,456 $221,585 $0 $0
2016 $3,442 $217,028 $0 $0
2011 -- $243,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11104859

MIAMI REALTORS® MLS

APN: 03-4108-114-0660