by RH Advisors

See Home Value
$18,300,000
House - Off Market

718 Malaga Ave

Coral Gables, FL 33134
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2364 Sqft
$10,916
Estimated Monthly
2.43%
Cap Rate

About This Property

A commodious gem in this "City Beautiful," 718 Malaga offers an authentic MiMo (mid-century modern) home featuring a 3-car garage on a double lot. Gracious and versatile living spaces include living room, family room, dining area and office/den. The 4-bedroom configuration offers flexibility, particularly the private entrance au pair bedroom with adjoining bathroom. The tropical foliage garden and intimate courtyard patios provide an oasis retreat. Notably located near The Biltmore Hotel, Venetian Pool, Miracle Mile, and MIA airport.
Unit Size
2,364Ft²
Days on Market
57 days
Land Size
0.22 acres
Price per sqft
$793
Property Type
House
Property Taxes
$1,709
HOA Dues
-
Year Built
1942
Last updated: 4 months ago (Miami MLS #A11472236)

Price History

Date / Event Date Event Price
Dec 15, 2023 Sold $18,300,000
Sold
Dec 14, 2023 In contract -
In contract
Dec 1, 2023 Price Change $1,875,000
Price Change
Nov 8, 2023 Relisted -
Relisted
Oct 31, 2023 In contract -
In contract
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Construction Type: Concrete block
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 450
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,800
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 980
  • Total Building Area: 3,263
  • Gross Building Area: 3,263
  • Building Area: 2,364
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,364
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GAB BILTMORE SEC
  • Land Acres: 0.225
  • Standard Land Use Code: Single family residential
  • Legal Description 1: C GAB BILTMORE SEC PB 20-28 E28FT OF LOT 12-ALL LOT 13 & W20FT OF LOT 14 BLK 31 LOT SIZE 98.00 X100.00 OR 15175-3463 0391 1

Ownership

  • Current Owner : PY REVOCABLE LIVING TRUST
  • Current Owner 2: YADEN
  • Previous Owner : GERAGHTY ANNE
  • Owner Before Previous Owner: KURTZ MARGARITA
  • Ownership Rights Codes: Life Tenant
  • 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: 253
  • District: 03
  • Parcel: 03-4117-008-4870
  • Block: 31
  • Lot: 12-14
  • Meridian: SEC 17 TWN 54S RNG 41E
  • Municipality: CORAL GABLES
  • Latitude: 25.743
  • Longitude: -80.269

    Address

  • Full Address: 718 Malaga Ave
  • Address - House Number: 718
  • Address - Street Name: Malaga
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Coral Gables
  • Carrier Code: C032
  • 4-Digit Zip Code: 6517
  • Zip Code: 33134

Valuation

    Tax

  • Total Area: 2,814
  • Tax Year: 2023
  • Tax Amount: $22,793
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.0941
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 91
  • Final Value: 1,844,751
  • High Value: 2,018,507
  • Low Value: 1,670,995

    Market Valuation

  • Market Total Value: $1,189,943
  • Market Land Value: $734,765
  • Market Improvement Value: $455,178

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,189,943
  • Assessed Land Value: $734,765
  • Assessed Improvements Value: $455,178

    Sales

  • Current Sale Contract Date: Dec 14, 2023
  • Current Sale Recording Date: Dec 21, 2023
  • Current Sale Transaction ID: 11918393229
  • Current Sale Price: $1,830,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 917300
  • Previous Sale Recording Date: Aug 03, 2021
  • Previous Sale Contract Date: Jul 16, 2021
  • Previous Sale Amount: $1,250,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: CIVIC FINANCIAL SERVICES LLC
  • Previous Mortgage Transaction Date: Aug 03, 2021
  • Previous Mortgage Loan Amount: $928,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Aug 01, 2051



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
2,274 ft²
$814/ft²
$1,850,000 Aug 21, 2023
$1,850,000 Oct 27, 2023
$999/mo
House
4 Beds
3 Baths
2,438 ft²
$749/ft²
$1,825,000 May 17, 2023
$1,825,000 Aug 31, 2023
$889/mo
House
3 Beds
3 Baths
2,220 ft²
$721/ft²
$1,600,000 Oct 24, 2023
$1,600,000 Dec 6, 2023
$673/mo
House
3 Beds
3 Baths
1,998 ft²
$836/ft²
$1,670,000 Sep 1, 2023
$1,670,000 Oct 12, 2023
$905/mo
House
3 Beds
3 Baths
2,602 ft²
$530/ft²
$1,380,000 Aug 2, 2023
$1,380,000 Oct 6, 2023
$1,271/mo
House
3 Beds
4 Baths
2,816 ft²
$589/ft²
$1,659,999 Aug 15, 2023
$1,659,999 Oct 30, 2023
$2,089/mo
House
4 Beds
4 Baths
2,497 ft²
$801/ft²
$2,000,000 Sep 28, 2023
-
$594/mo
House
4 Beds
3 Baths
2,613 ft²
$746/ft²
$1,950,000 Dec 6, 2023
-
$1,183/mo
House
4 Beds
4 Baths
2,511 ft²
$875/ft²
$2,198,000 Nov 7, 2023
-
$1,305/mo
House
4 Beds
3 Baths
2,653 ft²
$716/ft²
$1,899,000 Dec 2, 2023
-
$1,019/mo
House
4 Beds
4 Baths
2,268 ft²
$827/ft²
$1,875,000 Oct 9, 2023
-
$1,537/mo
House
4 Beds
4 Baths
2,835 ft²
$776/ft²
$2,199,000 Nov 1, 2023
-
$624/mo

About Coral Gables


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Frequently Asked Questions

When was property at 718 Malaga Avenue built and last sold?
The property at 718 Malaga Avenue was built in 1942 and last sold on Dec 14, 2023 for $1,830,000.
How much is this home worth?
The estimated value of the home located at 718 Malaga Avenue is $1,829,379.
What are some comparable homes to 718 Malaga Avenue?
Homes that are comparable to 718 Malaga Avenue include a house property at 701 Palermo Avenue, 647 Velarde Avenue, 650 Alcazar Avenue.

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