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50 Alhambra Circle

50 Alhambra Circle, Miami, FL 33134
50 Alhambra Circle is a condo located in Coral Gables Section, Miami. The building was first built in 1988 and is 36 years old. In total, 50 Alhambra Circle has a total floor area of 325,353 square feet.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 16 closings on record, of which we have matching data for 2 listings. In the past 3 years, a listing in this building will typically remain on the market for about 71 days and tend to sell below the original asking price of $842,000 by 2.00%. Meaning, listings tend to sell at a median of $442 price per square foot. The transaction that took the longest to complete was unit 112, listed on Dec 23, 2020 for $999,000. This particular unit ultimately sold 104 days later for $959,000. The most recent transaction was for unit 310, which was first advertised on Nov 04, 2022, sold for $725,000 on Dec 13, 2022. Fun fact, the oldest transaction we have on record took place on Jul 31, 2008. See the full transaction history for 50 Alhambra Circle below.

Coral Gables Section, where 50 Alhambra Circle is located, has a median asking price of $687,000 for condo buildings. Meanwhile, the building itself has a median asking price of $842,000. For interested buyers, that means the building's median asking price is around inf% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Assigned Parking
Covered Parking
Attached Garage

Exterior

Block Exterior
This property description is generated based on publicly available data.

7 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20221104 Unit 310
11/04/2022
310
2 Bed
2 Bath
1322 ft²
$725,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1322 ft²
$725,000
12/13/2022
Henry Quintana
Henry Quintana Realty, Inc
20210607 Unit TH108
06/07/2021
3 Bed
4 Bath
2816 ft²
$1,250,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
2816 ft²
-
-
-
Maria Elena Negrin
Galiano Realty Group
20210506 Unit 401
05/06/2021
401
3 Bed
2 Bath
1587 ft²
$829,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1587 ft²
-
-
-
Maria Elena Negrin
Galiano Realty Group
20210301 Unit 310
03/01/2021
310
2 Bed
2 Bath
1322 ft²
$625,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1322 ft²
-
-
-
Henry Quintana
Henry Quintana Realty, Inc
20201223 Unit 112
12/23/2020
112
3 Bed
4 Bath
2860 ft²
$999,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
2860 ft²
$959,000 -4.00%
04/06/2021
Tim Hasty
BHHS EWM Realty
20201216 Unit 106
12/16/2020
106
3 Bed
3 Bath
3181 ft²
$996,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
3181 ft²
-
-
-
Mauricio Barba PA
One Sotheby's International Realty
20181210 Unit 412
12/10/2018
412
2 Bed
2 Bath
1365 ft²
$595,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1365 ft²
-
-
-
Carole Smith
Compass

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 0
  • Living Units: 242
  • Business/Commerical Units Count: 242
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 88
  • Total Building Area: 325,353
  • Gross Building Area: 325,353
  • Building Area: 325,353
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 325,353
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: ALHAMBRA CENTER CONDO
  • Land Acres: 0.002
  • Standard Land Use Code: Hotel
  • Legal Description 1: ALHAMBRA CENTER CONDO UNIT HOTEL UNDIV 45% INT IN COMMON ELEMENTS OR 21076-4148 022003 1 COC 25551-2727 04 2007 6

Ownership

  • Current Owner : ASHFORD CORAL GABLES LP
  • Previous Owner : RFS PARTNERSHIP LP
  • Owner Before Previous Owner: STRATEGIC HOTEL CAPITAL LTD PRTNS
  • Ownership Rights Codes: Partnership
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: CORAL GABLES
  • Census Tract: 006206

Zoning

  • Zoning: 6400

Geography

  • Assessors Map Reference: 244
  • District: 03
  • Parcel: 03-4108-084-0010
  • Meridian: SEC 08 TWN 54S RNG 41E
  • Municipality: CORAL GABLES
  • Latitude: 25.7536
  • Longitude: -80.2563

    Address

  • Full Address: 50 Alhambra Plz
  • Legal Unit: HOTEL
  • Address - House Number: 50
  • Address - Street Name: Alhambra
  • Address - Suffix Type: Plz
  • State: FL
  • City Name: Coral Gables
  • Carrier Code: C044
  • 4-Digit Zip Code: 5204
  • Zip Code: 33134

Valuation

    Tax

  • Total Area: 325,353
  • Tax Year: 2023
  • Tax Amount: $686,411
  • Intital Tax Deliquent Year: 2011
  • Tax Rate Code Area: 300

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $176,000,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Jun 18, 2018
  • First Open Lien Mortgage Loan Amount: $176,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $40,800,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,200,000

    Sales

  • Current Sale Contract Date: Apr 10, 2007
  • Current Sale Recording Date: Apr 20, 2007
  • Current Sale Transaction ID: 1108156833
  • Current Sale Price: $53,937,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2007R0399057
  • Previous Sale Recording Date: Sep 20, 1999
  • Previous Sale Amount: $29,705,900
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: SECORE FINANCIAL CORP
  • Previous Mortgage Transaction Date: Sep 20, 1999
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $250,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Coral Gables Section



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Frequently Asked Questions

What neighborhood is 50 Alhambra Circle located in?
The 50 Alhambra Circle is a condo located in the neighborhood of Coral Gables Section in Coral Gables Section, Miami.
What is the average sales price for listings in 50 Alhambra Circle?
The average sales price for units in 50 Alhambra Circle is $842,000 , or $442/sqft. currently.

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