$5,050,000
SOLD JAN 31, 2025
6 Beds
6.5 Baths
4,250 Sq Ft
0.41 Acres

Recently Sold

$1,188 Per Sq Ft

11% Below List Price

108 Days on Market

Highlights

  • Property has ocean access
  • Boat Lift
  • Gated Community
  • Sunset Elementary School Rated A
  • In Ground Pool
  • Waterfront

About This Home

As of January 2025

Welcome to 1261 S Alhambra Circle, located along the scenic Gables waterway. Situated on 22,000 sf of land, this property has water on two sides w/ 140’ of waterline complete with a 2013 renovated dock. Bridge clearance to the bay is 18’ making it ideal for all boaters. The rolling lawn & tropical wood pool deck are highlighted w/ a 75 ft. lap pool surrounded by the minimalist modern home, perched perfectly along the highest portion of the property. Featuring 5,256 total sf, the home boasts 6 beds, 6.5 baths w/ large entertaining space, a chef’s dream kitchen with Thermador appliances, primary suite w/ water views, walk-in closets & exquisite material finishes through all baths. Add’l features are office, laundry, maids qtrs, 2 car garage, motorized blinds, auto gates & security cameras.

Last Agent to Sell the Property

Jessica Adams

Douglas Elliman License #3253202

Douglas Elliman

Last Buyer's Agent

Lori Prepszent

Compass Florida, LLC. License #3135886

Compass Florida, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $59,365

Year Built

  • Built in 1957

Lot Details

  • 0.41 Acre Lot
  • 160 Ft Wide Lot
  • Waterfront
  • South Facing Home
  • Fenced
  • Property is zoned 0100

Parking

  • 2 Car Garage
  • Circular Driveway
  • Open Parking

Home Design

  • Substantially Remodeled
  • Flat Tile Roof

Interior Spaces

  • 4,250 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Den
  • Marble Flooring
  • Canal Views

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Closet Cabinetry
  • Shower Only

Home Security

  • Clear Impact Glass
  • High Impact Door

Pool

  • In Ground Pool
  • Outdoor Shower
  • Auto Pool Cleaner

Outdoor Features

  • Property has ocean access
  • Canal Width is 81-120 Feet
  • Boat Lift
  • Deck
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 03-41-30-008-0090

Community Details

Overview

  • No Home Owners Association
  • Coral Gables Riviera Sec Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$59,365

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1957
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Directions: Use Google Maps. All parking must be across the street until agent opens gate for driveway access. Coral Gables will ticket vehicles blocking the sidewalk in front of house.
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlift
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: CORAL GABLES RIVIERA SEC
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Den/Library/Office
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: High Impact Doors
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 4250
  • Possible Use: Unknown/Withheld
  • Window Features: Clear Impact Glass, Impact Glass
  • Bedroom Features: Entry Level, Primary Bath Shower
  • Living Room Features: Den/Library/Office

Exterior Features

  • Roof: Flat Tile
  • View: Canal
  • Exterior Features: Lighting, Outdoor Shower
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot
  • Patio And Porch Features: Deck
  • Pool Features: Auto Pool Clean, In Ground
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Width 81-120 Feet
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: CORAL GABLES RIVIERA SEC
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Gated

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 03-41-30-008-0090
  • Lot Size Sq Ft: 18000
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 59365

Map

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
01/31/2025 01/31/25 Sold $5,050,000 -11.4% $1,188 / Sq Ft
01/02/2025 01/02/25 Pending -- -- --
09/16/2024 09/16/24 For Sale $5,700,000 -- $1,341 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $59,365 $3,888,492 $2,790,000 $1,098,492
2023 $59,365 $3,064,419 $0 $0
2022 $55,029 $2,785,836 $0 $0
2021 $47,935 $2,532,579 $0 $0
2020 $43,509 $2,302,345 $1,440,000 $862,345
2019 $53,119 $2,763,664 $1,890,000 $873,664
2018 $47,199 $2,503,082 $1,620,000 $883,082
2017 $25,923 $1,334,614 $0 $0
2016 $28,982 $1,314,020 $0 $0
2015 $29,349 $1,194,564 $0 $0
2014 $27,367 $1,085,968 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,500,000 Credit Line Revolving
Previous Owner $862,500 Unknown
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $5,050,000 Coral Gables Title
Warranty Deed $5,050,000 Coral Gables Title
Warranty Deed -- None Listed On Document
Warranty Deed $3,500,000 Attorney
Warranty Deed $1,111,000 Attorney
Warranty Deed $1,150,000 Attorney
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11658939

MIAMI REALTORS® MLS

APN: 03-4130-008-0090