2 months on rocket

40 Salamanca Ave Unit 7, Coral Gables, FL, 33134

$285,000

Home List Price

$3,384*

Closing Credit

1 Bedroom
1 Full Bath
600 SqFt
$475/SqFt
Condo
Schools Nearby

Location

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40 Salamanca Ave Unit 7, Coral Gables$285,000

Buyer Closing Credits

$3,384*

1.25% Loan Amount

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Property Highlights

Home TypeStock Cooperative
ParkingOpen, One Space
Year Built1954
HeatingWall Furnace
CoolingWall/Window Unit(s)
ViewNone
MLS #A11538374
StatusActive

About 40 Salamanca Ave Unit 7

Great opportunity to live in a lovely 1 bed / 1 bath unit in the heart of Coral Gables, just a block and a half east of Ponce de Leon Blvd. This adorable building with only 11 units offers mid-century style with a beautiful swimming pool and off-street parking. This 2nd-floor corner unit offers more windows than most of the other units in the building to allow more natural light to fill the space. LOW Condo/HOA Dues!!! This area is very walkable. Phillips Park is half a block away, Publix is within walking distance, and an area favorite - Tinta y Café is just a short stroll to the corner of Salamanca & Ponce. No leasing is permitted, this home is for adult owner-occupants which means that every resident cares deeply about taking care of their home and common areas! ***CA$H OFFERS ONLY***

Property Details

Property Features

Property Information:

  • Architectural Style: Garden Apartment
  • Year Built: 1954
  • Stories: 1
  • Living Area: 600 SqFt

Listing Office:

  • Office Name: Keller Williams Realty Premier Properties
  • Office Phone: (305) 898-6224
  • Listing Agent: Jorge Gonzalez

Interior Features

Interior Information:

  • Appliances: Electric Range, Refrigerator, Self Cleaning Oven
  • Flooring Type: Tile
  • Interior: Second Floor Entry

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • View: None
  • Exterior: None

Parking Information:

  • Parking: Open, One Space

Virtual/3D Tour

  • Virtual Tour: 40 Salamanca Ave Unit 7

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Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • Coral Gables Senior High School, Public Magnet Grades 9-12
  • Ponce De Leon Middle School, Public Magnet Grades 6-8
  • George Washington Carver Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Please use GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $285,000
  • Price Per SqFt: $475/SqFt

HOA Fees:

  • Amount: $296
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Coral Gables, FL.

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Coral Gables, FL

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$662

Avg. Days On Market

66

# of Sold Homes

58

40 Salamanca Ave Unit 7 vs Coral Gables

65 DAYS ON ROCKET

-1 Day

$285,000

-$768K Less

$475/SqFt

-$188 Less

KEY TAKEAWAY

This property is $768K less than the Median Sold Price and $188/SqFt less than other homes in Coral Gables, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11538374

Listing Office:

  • Office Name: Keller Williams Realty Premier Properties
  • Office Phone: (305) 898-6224
  • Listing Agent: Jorge Gonzalez

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 9:25:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,786

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$921

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2119294
9
/10

  • George Washington Carver Elementary School

  • 238 Grand Ave

  • 2.23 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2119295
5
/10

  • Ponce De Leon Middle School

  • 5801 Augusto St

  • 3.12 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-2119296
5
/10

  • Coral Gables Senior High School

  • 450 Bird Rd

  • 1.78 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,268. Residents of Coral Gables, FL typically earn between $35k-100k each year. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 40 Salamanca Ave Unit 7

What is the listing price of this property?

The listing price of 40 Salamanca Ave Unit 7 property is $285,000.

What type of property is this?

The property 40 Salamanca Ave Unit 7 is a condo located in Coral Gables, Florida, 33134.

Is this property for sale now?

Active Listing: 40 Salamanca Ave Unit 7 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 40 Salamanca Ave Unit 7 are:
George Washington Carver Elementary School: GreatSchools Rating 9/10
Ponce De Leon Middle School: GreatSchools Rating 5/10
Coral Gables Senior High School: GreatSchools Rating 5/10

How many bedrooms and bathrooms does this property have?

The property at 40 Salamanca Ave Unit 7 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 40 Salamanca Ave Unit 7 is 600 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 40 Salamanca Ave Unit 7 is 1954.

Rocket Homes›Florida›Miami-Dade County›Coral Gables›33134›40 Salamanca Ave Unit 7

This home is located at 40 Salamanca Ave Unit 7 in Coral Gables, FL and zip code 33134 in the Shenandoah neighborhood. This 600 square foot home was built in 1954. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since February 23, 2024 and is currently priced at $285,000.

In March 2024, from all listings sold in Coral Gables, FL there were more than 6 sold above asking price, over 44 sold below and more than 8 were sold right at the asked price. The number of listings in Coral Gables, FL increased by 7.9% between February 2024 and March 2024. While the average time on the market in March 2024 was 66 days, the median list price was $1,053,000.

From Rocket Homes Real Estate and based on county public records data.

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