by RH Advisors

See Home Value
$3,650,000
House - Off Market

1232 Coral Way

Coral Gables, FL 33134
bedrooms
5 Beds
bathrooms
7 Baths, 1 Half Bath
square feet
4525 Sqft
$23,861
Estimated Monthly
$0
HOA / Fees
1.84%
Cap Rate

About This Property

Majestic Mediterranean mansion on Coral Way. Grand foyer leads to large gracious spaces; living room w/fireplace,library/office w/gas fireplace, dining room, and family room w/bar. Main floor features guest room and staff room, each w/bath, cook's kitchen, breakfast room, and wine cellar. Impact glass French doors open to wide covered terrace w/entertaining area. On the 2nd floor: primary bedroom with massive bath and 2 walk-in closets; two other bedrooms each with private bath. Home was renovated in 2006 preserving the Old Spanish look and charm w/wood, marble, and tile floors, beamed ceilings and original stained glass. Pool area features a cabana w/bath, steam room, and a 2nd wine cellar (possible guest cottage). Impact glass throughout, roof and ACs new in 2022.
Unit Size
4,525Ft²
Days on Market
195 days
Land Size
0.34 acres
Price per sqft
$939
Property Type
House
Property Taxes
$2,992
HOA Dues
-
Year Built
1926
Last updated: 6 months ago (Miami MLS #A11392836)

Price History

Date / Event Date Event Price
Dec 12, 2023 Sold to Tasugi $3,650,000
Sold to Tasugi
Nov 2, 2023 In contract -
In contract
Oct 7, 2023 Price Decreased $4,250,000
↓ $250K (5.6%)
Price Decreased
Jun 3, 2023 Listed by BHHS EWM Realty $4,500,000
Listed by BHHS EWM Realty
Majestic Mediterranean mansion on Coral Way. Grand foyer leads to large gracious spaces; living room w/fireplace,library/office w/gas fireplace, dining room, and family room w/bar. Main floor features guest room and staff room, each w/bath, cook's kitchen, breakfast room, and wine cellar. Impact glass French doors open to wide covered terrace w/entertaining area. On the 2nd floor: primary bedroom with massive bath and 2 walk-in closets; two other bedrooms each with private bath. Home was…
May 23, 2023 Listed by BHHS EWM Realty $4,500,000
Listed by BHHS EWM Realty
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1966
  • Building Count: 2
  • Bedroom Count: 5
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Covered
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 15,000
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 5,776
  • Gross Building Area: 5,776
  • Building Area: 4,759
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,759
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CORAL GABLES
  • Land Acres: 0.344
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 18 54 41 PB 25-74 CORAL GABLES SEC D REV PL LOTS 9 & 10 BLK 1 LOT SIZE 100.000 X 150 OR 19346-4409-4412 10/2000 1

Ownership

  • Current Owner : TASUGI TRUST
  • Current Owner 2: TASUGI
  • Previous Owner : MILNOR ROBERT JAMES
  • Previous Owner 2: MILNOR DIANA KATE
  • Owner Before Previous Owner: TABLADA GUILLERMO J
  • Owner Before Previous Owner 2: TABLADA ELENA
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: CORAL GABLES
  • Census Tract: 006104

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 254
  • District: 03
  • Parcel: 03-4118-002-0040
  • Block: 1
  • Lot: 9,10
  • Meridian: SEC 18 TWN 54S RNG 41E
  • Municipality: CORAL GABLES
  • Latitude: 25.7483
  • Longitude: -80.2803

    Address

  • Full Address: 1232 Coral Way
  • Address - House Number: 1232
  • Address - Street Name: Coral
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Coral Gables
  • Carrier Code: C020
  • 4-Digit Zip Code: 4754
  • Zip Code: 33134

Valuation

    Tax

  • Total Area: 4,753
  • Tax Year: 2023
  • Tax Amount: $39,914
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.1788
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 3,676,544
  • High Value: 4,334,226
  • Low Value: 3,018,862

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,000,000
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Dec 12, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2054

    Market Valuation

  • Market Total Value: $2,128,930
  • Market Land Value: $1,349,895
  • Market Improvement Value: $779,035

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,100,107

    Sales

  • Current Sale Contract Date: Dec 04, 2023
  • Current Sale Recording Date: Dec 12, 2023
  • Current Sale Transaction ID: 11918150069
  • Current Sale Price: $3,650,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 886649
  • Previous Sale Recording Date: Jul 02, 2021
  • Previous Sale Contract Date: Jun 17, 2021
  • Previous Sale Amount: $2,350,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROCKET MORTGAGE LLC
  • First Mortgage Transaction Date: Dec 12, 2023
  • First Mortgage Loan Amount: $2,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2054

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTEED RATE AFFINITY LLC
  • Previous Mortgage Transaction Date: Jul 02, 2021
  • Previous Mortgage Loan Amount: $1,856,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2051



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
5 Baths
4,125 ft²
$897/ft²
$3,700,000 Oct 2, 2022
$3,700,000 Nov 7, 2023
$3,363/mo
House
6 Beds
6 Baths
4,496 ft²
$912/ft²
$4,100,000 Apr 3, 2023
$4,100,000 Oct 25, 2023
$2,545/mo
House
4 Beds
5 Baths
4,061 ft²
$1,157/ft²
$4,700,000 May 2, 2023
$4,700,000 Oct 16, 2023
$3,370/mo
House
5 Beds
6 Baths
5,871 ft²
$605/ft²
$3,550,000 Nov 16, 2022
$3,550,000 Oct 26, 2023
$960/mo
House
4 Beds
4 Baths
2,366 ft²
$2,027/ft²
$4,795,000 Aug 30, 2023
$4,795,000 Oct 2, 2023
$759/mo
House
5 Beds
6 Baths
3,615 ft²
$1,079/ft²
$3,900,000 Oct 23, 2023
-
$2,904/mo
House
6 Beds
7 Baths
4,857 ft²
$927/ft²
$4,500,000 Mar 15, 2023
-
$3,449/mo
House
5 Beds
5 Baths
4,190 ft²
$859/ft²
$3,599,000 Dec 5, 2023
-
$1,274/mo
House
4 Beds
4 Baths
3,142 ft²
$1,353/ft²
$4,250,000 Nov 3, 2023
-
$955/mo
House
5 Beds
5 Baths
3,668 ft²
$1,036/ft²
$3,800,000 Nov 7, 2023
-
$1,492/mo
House
6 Beds
5 Baths
4,870 ft²
$861/ft²
$4,195,000 Sep 7, 2023
-
$1,259/mo
House
4 Beds
3 Baths
3,722 ft²
$1,034/ft²
$3,850,000 Nov 6, 2023
-
$2,284/mo

About Coral Gables Section


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Frequently Asked Questions

When was property at 1232 Coral Way built and last sold?
The property at 1232 Coral Way was built in 1926 and last sold on Dec 4, 2023 for $3,650,000.
How much is this home worth?
The estimated value of the home located at 1232 Coral Way is $4,376,081.
What are some comparable homes to 1232 Coral Way?
There are currently no comparable homes to 1232 Coral Way.

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