by RH Advisors

See Home Value
$5,200,000
House - Off Market

1321 Sevilla Ave

Coral Gables, FL 33134
bedrooms
6 Beds
bathrooms
7 Baths, 1 Half Bath
square feet
5311 Sqft
$29,823
Estimated Monthly
2.77%
Cap Rate

About This Property

Sensational! This newly completed custom estate is in the heart of City Beautiful on an oversized corner lot. A short stroll to the legendary Biltmore Hotel & Golf Course. Distinguished smart home design w/luxurious  finishes, detailed attention in everyway! Imposing walled & gated compound! Lush plantings and grounds! Thoughtful floorplan w/ modern zest & high-end features in all corners! Gracious formal living, sumptuous dining room w/ clear glass wine closet/room! Stunning gourmet epicure dream kitchen w/ top of line appliances! Spa-like master suite w/luxurious bath & closets!Wet bars! Fabulous family room & sep. media rooms! Spectacular patio, inviting heated pool & Spa!Pergola trellis -summer kitchen. Sep.Guest Quarter, charming courtyard! Custom 2car cg! A Gem!

(See Brokers remark)
Unit Size
5,311Ft²
Days on Market
160 days
Land Size
0.44 acres
Price per sqft
$1,036
Property Type
House
Property Taxes
$2,816
HOA Dues
-
Year Built
1940
Last updated: 2 months ago (Miami MLS #A11476366)

Price History

Date / Event Date Event Price
Apr 4, 2024 Sold $5,200,000
Sold
Mar 18, 2024 In contract -
In contract
Nov 17, 2023 Price Decreased $5,500,000
↓ $450K (7.6%)
Price Decreased
Oct 27, 2023 Listed by Brown Harris Stevens $5,950,000
Listed by Brown Harris Stevens
Oct 4, 2023 No longer available -
No longer available
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 8
  • Full Bathrooms: 7
  • Partial Bathrooms: 8
  • Construction Type: Concrete block
  • Building Style: Duplex
  • Exterior Walls Type: Concrete block
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 19,218
  • Lot Size Depth Feet: 3,000
  • Lot Size Frontage Feet: 1,281
  • Total Building Area: 6,511
  • Gross Building Area: 6,511
  • Building Area: 5,311
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 5,311
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CORAL GABLES
  • Land Acres: 0.441
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: 18 54 41 PB 25-74 CORAL GABLES SEC D REV PL LOTS 10 & 11 BLK 19 LOT SIZE 128.15 X 150 OR 14778-1382 1090 4

Ownership

  • Current Owner : COLIMOR PROPERTIES LLC
  • Previous Owner : LUDOVICI TERESA B
  • Ownership Rights Codes: unknown
  • 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: 03-4118-002-1710
  • Block: 19
  • Lot: 10,11
  • Meridian: SEC 18 TWN 54S RNG 41E
  • Municipality: CORAL GABLES
  • Latitude: 25.7452
  • Longitude: -80.2828

    Address

  • Full Address: 1321 Sevilla Ave
  • Address - House Number: 1321
  • Address - Street Name: Sevilla
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Coral Gables
  • Carrier Code: C001
  • 4-Digit Zip Code: 6334
  • Zip Code: 33134

Valuation

    Tax

  • Total Area: 5,550
  • Tax Year: 2023
  • Tax Amount: $41,698
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.1776
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 3,909,184
  • High Value: 4,603,654
  • Low Value: 3,214,714

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,500,000
  • First Open Lien Mortgage Lender: INLIGHT INVESTMENTS LLC
  • First Open Lien Mortgage Recording Date: Apr 14, 2023
  • First Open Lien Mortgage Financing Type: unknown
  • First Open Lien Mortgage Loan Amount: $3,500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon

    Market Valuation

  • Market Total Value: $2,162,669
  • Market Land Value: $1,587,686
  • Market Improvement Value: $574,983

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,162,669
  • Assessed Land Value: $1,587,686
  • Assessed Improvements Value: $574,983

    Sales

  • Current Sale Contract Date: Apr 22, 2022
  • Current Sale Recording Date: Apr 28, 2022
  • Current Sale Transaction ID: 11888048830
  • Current Sale Price: $2,125,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 353157

    Last Sale Mortgage

  • First Mortgage Lender: CITY FIRST MORTGAGE CORP
  • First Mortgage Transaction Date: Apr 28, 2022
  • First Mortgage Loan Amount: $2,525,000
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: May 01, 2023



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
6 Beds
7 Baths
4,857 ft²
$798/ft²
$3,875,000 Mar 15, 2023
$3,875,000 Dec 18, 2023
$3,449/mo
House
6 Beds
7 Baths
5,531 ft²
$1,092/ft²
$6,040,000 Aug 15, 2023
$6,040,000 Nov 17, 2023
$3,971/mo
House
6 Beds
7 Baths
5,044 ft²
$1,041/ft²
$5,250,000 Jul 16, 2023
$5,250,000 Mar 27, 2024
$2,234/mo
House
5 Beds
6 Baths
6,288 ft²
$924/ft²
$5,810,000 Mar 22, 2023
$5,810,000 Jan 4, 2024
$2,915/mo
House
7 Beds
8 Baths
6,330 ft²
$774/ft²
$4,900,000 Jul 13, 2023
$4,900,000 Oct 2, 2023
$3,006/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
6 Beds
6 Baths
4,857 ft²
$1,029/ft²
$5,000,000 Apr 11, 2024
-
$3,839/mo
House
5 Beds
6 Baths
4,331 ft²
$1,270/ft²
$5,500,000 Oct 19, 2022
-
$1,173/mo
House
4 Beds
4 Baths
4,997 ft²
$1,101/ft²
$5,500,000 Aug 30, 2023
-
$1,140/mo
House
4 Beds
4 Baths
3,610 ft²
$1,524/ft²
$5,500,000 Jan 29, 2024
-
$2,609/mo
House
7 Beds
10 Baths
10,706 ft²
$467/ft²
$5,000,000 Jun 29, 2023
-
$4,718/mo
House
7 Beds
8 Baths
-
$4,695,000 Feb 26, 2024
-
$806/mo

About Coral Gables Section


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Frequently Asked Questions

When was property at 1321 Sevilla Avenue built and last sold?
The property at 1321 Sevilla Avenue was built in 1940 and last sold on Apr 22, 2022 for $2,125,000.
How much is this home worth?
The estimated value of the home located at 1321 Sevilla Avenue is $5,555,000.
What are some comparable homes to 1321 Sevilla Avenue?
Homes that are comparable to 1321 Sevilla Avenue include a house property at 1224 Almeria Avenue, 1236 Obispo Avenue, 5855 Southwest 35th Street.

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