NOT LISTED FOR SALE

Estimated Value: $445,665 - $510,000

2 Beds
2 Baths
960 Sq Ft
$607/mo HOA Fee

Last Sold January 31, 2023

Last sale price $395,000 $411 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,624/month

70 Days on Market

Highlights

  • Community Pool
  • Balcony
  • Card or Code Access
  • Coral Gables Preparatory Academy Rated A-
  • Views
  • 4-minute walk to Ponce De Leon Park

About This Home

As of January 2023

BEAUTIFUL, UPADTED AND PRISTINE CONDO IN THE HEART OF CORAL GABLES! BALCONY WITH AMAZING GABLES AND CITY VIEWS, MARBLE FLOORS THROUGHOUT ENTIRE APARMTENT, UPDATED BATHROOMS WITH MARBLE, GRANITE COUNTER TOPS & STAINLESS APPLIANCES IN KITCHEN. THIS IS THE IDEAL LOCATION-- WITHIN WALKING DISTANCE TO THE SHOPS AND RESTAURANTS OF MIRACLE MILE. PRIVATE FIRST FLOOR PARKING SPOT RESERVED AND GATED. MOVE IN READY JANNUARY. TENNANT IS CURRENTLY PAYING $2,700 MONTHLY AND WOULD LIKE TO EXTEND FOR ANOTHER YEAR, UP TO NEW OWNER. 40 YEAR INSPECTION WAS JUST PASSED. BOTH SPECIAL ASSESMENTS WILL BE PAID IN FULL BY CURRENT OWNER BEFORE CLOSING (45k) LOW HOA. ENITRE BUILDING REPAINTED AND LOBBY FULLY RENOVATED. ONLY 4 UNITS PER FLOOR. VERY QUIET AND WELL KEPT BUILDING.

Last Agent to Sell the Property

Alexander Abella

Compass Florida, LLC. License #3390937 Listed on: 11/21/2022

Compass Florida, LLC.

Last Buyer's Agent

Therese Drakeley-Smith

BHHS EWM Realty License #0671321

BHHS EWM Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,569

Year Built

  • Built in 1981

HOA Fees

  • $607 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Automatic Garage Door Opener

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 960 Sq Ft Home
  • Tile Flooring
  • Property Views

Kitchen

  • Electric Range
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 03-41-08-062-0490

Community Details

Overview

  • Gables Park Tower Condo
  • Gables Park Tower Condo Subdivision
  • 16-Story Property

Amenities

  • Trash Chute
  • Elevator

Recreation

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,569

Year Built

Built in 1981

Lot Details

0

HOA Fees

$607 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1981
  • Property Sub Type: Condominium
  • Entry Level: 15
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: GABLES PARK TOWER CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Other
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 960
  • Other Equipment: Automatic Garage Door Opener, Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 16
  • Bedroom Features: Other

Exterior Features

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

Garage/Parking

  • Park Building Name: GABLES PARK TOWER CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Card Entry

Condo/Co-op/Association

  • Association Fee: 607
  • Amenities: Elevator(s), Pool, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 03-41-08-062-0490
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4569

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2022
Closed on
Jan 30, 2023
Sold by
Padilla Victor
Bought by
Mercade Fernanda L
Seller's Agent
Alexander Abella
Compass Florida, LLC.
Buyer's Agent
Therese Drakeley-Smith
BHHS EWM Realty
List Price
$419,000
Sold Price
$395,000
Premium/Discount to List
-$24,000
-5.73%
Views
42
Current Estimated Value
$469,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,166
Avg. Annual Appreciation
6.68%
Original Mortgage
$296,250
Outstanding Balance
$288,558
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$174,583

Purchase Details

Closed on
May 13, 2015
Sold by
Jemicavi I Llc
Bought by
Padilla Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.88%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 31, 2009
Sold by
Padilla Victor M
Bought by
Le Victor M Padilla

Purchase Details

Closed on
Dec 31, 2007
Sold by
Padilla Victor M and Padilla Ena G
Bought by
Padilla Victor M and Padilla Ena G

Purchase Details

Closed on
Jul 10, 2000
Sold by
Dipersia Giampiero Di
Bought by
Padilla Victor M and Padilla Ena G
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mercade Fernanda L $395,000 Sun City Title
Padilla Victor $250,000 Attorney
Le Victor M Padilla $100 --
Padilla Victor M -- None Available
Padilla Victor M $99,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mercade Fernanda L $296,250
Previous Owner Padilla Victor $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2023 01/31/23 Sold $395,000 -5.7% $411 / Sq Ft
11/21/2022 11/21/22 For Sale $419,000 0.0% $436 / Sq Ft
04/15/2019 04/15/19 Rented $1,900 -5.0% --
03/27/2019 03/27/19 Under Contract -- -- --
02/26/2019 02/26/19 Price Changed $2,000 -4.8% $2 / Sq Ft
02/03/2019 02/03/19 For Rent $2,100 -- --
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 $5,106 $172,912 -- --
2023 $5,106 $267,681 $0 $0
2022 $4,569 $243,347 $0 $0
2021 $4,317 $221,225 $0 $0
2020 $3,864 $201,114 $0 $0
2019 $4,297 $223,460 $0 $0
2018 $4,040 $214,865 $0 $0
2017 $4,538 $238,738 $0 $0
2016 $4,214 $217,035 $0 $0
2015 $2,134 $146,306 $0 $0
2014 $2,161 $145,145 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11304181

MIAMI REALTORS® MLS

APN: 03-4108-062-0490