NOT LISTED FOR SALE

Coral Gables, FL 33134

Southeast Gables Neighborhood

Estimated Value: $1,307,726 - $1,837,000

2 Beds
2 Baths
2,560 Sq Ft
$593/Sq Ft Est. Value

Last Sold March 08, 2017

Last sale price $747,000 $292 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $9,224/month

29 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Porch
  • Coral Gables Senior High School Rated A-
  • Balcony
  • Patio

About This Home

As of March 2017

Fantastic opportunity and rarely on the market, this Coral Gables duplex has an A+ location on Ponce De Leon Blvd near Merrick Park. This property sits on a 7,575 SF corner lot. Duplex units are split top and bottom, with each unit having their own balcony/porch area. Units are well kept and in good condition. The downstairs tenant is month to month currently paying $1,575. The upstairs tenant's lease expires September 1, 2017 currently paying $1,875. As a bonus, property features attached two-car garage.

Last Agent to Sell the Property

Spencer Newman

MMLS Assoc.-Inactive Member License #3327265 Listed on: 11/23/2016

Co-Listed By

Trae Kerdyk

Kerdyk Real Estate, Inc. License #3353507

Last Buyer's Agent

Rafael Iglesias

The Keyes Company License #3300542

The Keyes Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,925

Year Built

  • Built in 1947

Lot Details

  • Fenced

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,560 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Vinyl

Outdoor Features

  • Balcony
  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Rent includes rent incl
  • Assessor Parcel Number 03-41-17-007-4090

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Coconut Grove Pt 01 Condos
  • Coconut Grove Pt 01 Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,925

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1947
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Co List Office Mls Id: KERD
  • Co List Office Phone: 305-446-2586
  • Directions: Bird Rd to Ponce de Leon Blvd, head north. Property will be on left.
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Subdivision Name: Coconut Grove Pt 01
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Stairs
  • Flooring: Other, Vinyl, Wood
  • Living Area: 2560
  • Possible Use: Unknown/Withheld
  • Stories: 2

Exterior Features

  • Roof: Barrel Roof
  • Exterior Features: Balcony, Open Balcony
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Balcony, Open Porch, Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: Coconut Grove Pt 01
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Green Building Features: Laundry Facility
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 03-41-17-007-4090
  • Zoning: D
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Other Rent Incl

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 7925

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2018
Sold by
Ch Fdns Llc
Bought by
Frank R Rotolante Trust and Rotolante Wayne A
Current Estimated Value
$1,517,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.6%

Purchase Details

Listed on
Nov 23, 2016
Closed on
Mar 8, 2017
Sold by
Ch Fdns Llc
Bought by
Pdl Property Holdings Llc
Seller's Agent
Spencer Newman
MMLS Assoc.-Inactive Member
Buyer's Agent
Rafael Iglesias
The Keyes Company
List Price
$785,000
Sold Price
$747,000
Premium/Discount to List
-$38,000
-4.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.56%

Purchase Details

Closed on
May 2, 2016
Sold by
Admire John G
Bought by
Ch Fdns Llc

Purchase Details

Closed on
Mar 9, 2016
Sold by
Lambertson Elizabeth C
Bought by
John C Sullivan Jr Trs

Purchase Details

Closed on
Dec 7, 2015
Sold by
Lambertson Elizabeth C
Bought by
John C Sullivan Jr Trs
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
Frank R Rotolante Trust $4,000 --
Pdl Property Holdings Llc $747,000 Attorney
Ch Fdns Llc -- Attorney
John C Sullivan Jr Trs $100 --
John C Sullivan Jr Trs $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Frank R Rotolante Trust --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2017 03/08/17 Sold $747,000 -4.8% $292 / Sq Ft
12/21/2016 12/21/16 Pending -- -- --
11/22/2016 11/22/16 For Sale $785,000 -- $307 / 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 $14,417 $795,787 -- --
2024 $13,737 $723,443 -- --
2023 $13,737 $658,136 $0 $0
2022 $11,801 $598,306 $0 $0
2021 $10,374 $543,915 $397,688 $146,227
2020 $10,402 $543,915 $397,688 $146,227
2019 $10,428 $543,915 $397,688 $146,227
2018 $9,419 $502,252 $356,025 $146,227
2017 $9,539 $502,263 $0 $0
2016 $10,309 $532,574 $0 $0
2015 $7,925 $375,890 $0 $0
2014 $7,019 $341,719 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Spencer Newman

    MMLS Assoc.-Inactive Member

    Section Image

  • T

    Seller Co-Listing Agent in 2017

    Trae Kerdyk

    Kerdyk Real Estate, Inc.

    (786) 355-4437

    1 in this area

    30 Total Sales

    Trae Kerdyk
    Section Image
  • Rafael Iglesias

    Buyer's Agent in 2017

    Rafael Iglesias

    The Keyes Company

    (305) 443-7423

    10 Total Sales

    Rafael Iglesias
    Section Image
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Source: MIAMI REALTORS® MLS

MLS Number: A10183562

MIAMI REALTORS® MLS

APN: 03-4117-007-4090

Florida Miami/Dade County Coral Gables 33134

Southeast Gables

This home since 23 November 2016 and is currently estimated at $1,517,682, approximately $592 per square foot. This property was built in 1947. This home is a home located in Miami-Dade County with nearby schools including Frances S. Tucker Elementary School, Ponce de Leon Middle School, and Coral Gables Senior High School.

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