NOT LISTED FOR SALE
4 Beds
4 Baths
4,505 Sq Ft
1925 Built

Last Sold December 14, 2012

Last sale price $590,000 $131 Per Sq Ft

203 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • No HOA
  • Coral Gables Preparatory Academy Rated A-
  • Old Spanish Architecture
  • Balcony

About This Home

As of December 2012

"In the beginning"...George Merrick's vision for Coral Gables included apartment bldgs w/ lrg, comfortable dwellings full of charm & character. This building from 1925 has been lovingly maintained throughout its years. Hardwd flrs, fireplaces, lrg living & formal dining rms, newer roof, electric & plumbing. There are 5 rental units that bring in nearly $60M annual income. The bldg qualifies for historic designation which brings significant tax advantages. Serious inquiries only. Do not disturb tenants.

Last Agent to Sell the Property

Rex Wilkinson

MMLS Assoc.-Inactive Member License #0652725 Listed on: 09/21/2012

Last Buyer's Agent

Sonia Blair

MMLS Assoc.-Inactive Member License #0007205

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,859

Year Built

  • Built in 1925

Lot Details

  • Lot Dimensions are 60x110

Home Design

  • Quadruplex
  • Old Spanish Architecture
  • Tile Roof
  • Fiberglass Roof
  • Built-Up Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,505 Sq Ft Home
  • 2-Story Property
  • Awning
  • Single Hung Metal Windows

Flooring

  • Wood
  • Ceramic Tile

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $57,300
  • Rent includes gardener, pest control, sewer, trash collection, water
  • Assessor Parcel Number 03-41-08-009-0780

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Coral Gables Douglas Sec Condos
  • Coral Gables Douglas Sec Subdivision

Building Details

  • Net Operating Income $37,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,859

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1925
  • Property Sub Type: Quadruplex
  • Architectural Style: Old Spanish
  • Horses: No
  • Lot Size: 60x110
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: CORAL GABLES DOUGLAS SEC
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Ceramic Floor, Wood
  • Living Area: 4505
  • Possible Use: Primary
  • Stories: 2
  • Window Features: Awning, Single Hung Metal

Exterior Features

  • Roof: Built-Up, Fiberglass, Curved/S-Tile Roof
  • Exterior Features: Balcony, Exterior Lights
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Deck, Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: CORAL GABLES DOUGLAS SEC

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 03-41-08-009-0780
  • Zoning: 50/GEN H
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Pest Control, Sewer, Trash Collection, Water

Multi Family

  • Net Operating Income: 37000
  • Number Of Units In Community: 4
  • Total Actual Rent: 57300

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 8859

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2012 12/14/12 Sold $590,000 -12.6% $131 / Sq Ft
11/01/2012 11/01/12 Pending -- -- --
04/12/2012 04/12/12 For Sale $675,000 -- $150 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1692215

MIAMI REALTORS® MLS