NOT LISTED FOR SALE

Estimated Value: $824,666

3 Beds
2 Baths
1,443 Sq Ft
$571/Sq Ft Est. Value

Last Sold October 11, 2024

Last sale price $820,000 $568 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,486/month

85 Days on Market

Highlights

  • No HOA
  • Terrazzo Flooring
  • 1-Story Property
  • Coral Gables Senior High School Rated A-
  • Central Heating and Cooling System
  • 4-minute walk to Douglas Park

About This Home

As of October 2024

Welcome to this exceptional duplex in the heart of Coral Gables, a prime investment opportunity you won't want to miss! Nestled in a tranquil neighborhood, this property offers two spacious units, each featuring 2 bedrooms and 1 bathrooms, perfect for attracting high-quality tenants or accommodating multi-generational living. Boasting modern upgrades, including new kitchens and updated bathrooms, this duplex promises low maintenance and high returns. Enjoy the convenience of being just minutes away from top-rated schools, vibrant shopping districts, and the stunning Coral Gables Golf Course. With its strong rental income potential and desirable location, this duplex is an investor's dream come true. Don’t miss your chance to own a piece of Coral Gables' thriving real estate market!

Last Listed By

Adriana Gomez Vinardell

Realty One Group Evolution License #3575172 Listed on: 06/17/2024

Realty One Group Evolution

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,701

Year Built

  • Built in 1953

Lot Details

  • 6,926

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Tile Roof

Interior Spaces

  • 1,443 Sq Ft Home
  • 1-Story Property
  • Terrazzo Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Mottl Park Condos
  • Mottl Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-16-002-0050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,701

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1953
  • Property Sub Type: Duplex
  • Architectural Style: Other
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: MOTTL PARK
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Terrazzo
  • Living Area: 1443
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Curved/S-Tile Roof
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: MOTTL PARK
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • 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: 01-41-16-002-0050
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 10701

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2024
Closed on
Oct 11, 2024
Sold by
Martinez Alejandro Garcia and Vinardell Adriana Gomez
Bought by
Vica Estate Holding Llc
Seller's Agent
Adriana Gomez Vinardell
Realty One Group Evolution
Buyer's Agent
Lorena Amaro Reyes
Avanti Way Realty LLC
List Price
$875,000
Sold Price
$820,000
Premium/Discount to List
-$55,000
-6.29%
Total Days on Market
85
Views
17
Current Estimated Value
$824,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,666
Avg. Annual Appreciation
-1.31%
Original Mortgage
$603,750
Outstanding Balance
$601,897
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$212,265

Purchase Details

Closed on
Jun 15, 2023
Sold by
36 Mott Park Llc
Bought by
Martinez Alejandro Garcia and Vinardell Adriana Gomez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,500
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2020
Sold by
Khouri Roger and Leai Khouri Susana
Bought by
36 Mott Park Llc

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
Vica Estate Holding Llc $820,000 Folio Title
Martinez Alejandro Garcia $650,000 None Listed On Document
36 Mott Park Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vica Estate Holding Llc $603,750
Previous Owner Martinez Alejandro Garcia $552,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2024 10/11/24 Sold $820,000 -6.3% $568 / Sq Ft
09/11/2024 09/11/24 Pending -- -- --
06/18/2024 06/18/24 For Sale $875,000 -- $606 / 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
2024 $10,701 $611,576 $485,474 $126,102
2023 $10,701 $451,542 $0 $0
2022 $9,421 $410,493 $0 $0
2021 $8,689 $373,176 $284,414 $88,762
2020 $6,522 $353,112 $263,702 $89,410
2019 $6,030 $335,445 $256,629 $78,816
2018 $5,585 $328,373 $249,557 $78,816
2017 $5,040 $167,178 $0 $0
2016 $4,820 $151,980 $0 $0
2015 $4,590 $138,164 $0 $0
2014 $3,965 $125,604 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A11608552

MIAMI REALTORS® MLS

APN: 01-4116-002-0050