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516 Majorca Ave, Coral Gables, FL, 33134

$1,600,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,344 SqFt
$683/SqFt
House
Schools Nearby

Location

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516 Majorca Ave, Coral Gables$1,600,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Driveway, Garage, Paver Block, Garage Door Opener
Attached Garage1 space
Year Built1984
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
ViewNone
MLS #A11552785
StatusActive

About 516 Majorca Ave

Welcome to your future home, where the thrill of potential meets the charm of possibility! Pull up to this central & splendid 2-story Coral Gables home which boasts a spectacular floor plan (2810 total sf) Downstairs: Living, Dining, Family, Kitchen, Half Bath & 1-car Garage. Upstairs: 3 bedrooms/2 baths w/2 balconies overlooking your lush backyard (5650 sf lot). Paved Driveway. While this home is in impeccable condition, it eagerly awaits modern updates to truly shine. Embrace the opportunity to transform this diamond in the rough into the jewel of the neighborhood! Easy to show!

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1984
  • Stories: 2
  • Living Area: 2,344 SqFt

Listing Office:

  • Office Name: Address Real Estate LLC
  • Office Phone: (786) 664-8661
  • Listing Agent: Valerie Quemada

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Flooring Type: Carpet, Tile, Wood
  • Interior: Breakfast Bar, Breakfast Area, Dual Sinks, First Floor Entry, High Ceilings, Upper Level Primary, Vaulted Ceiling(s), Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: None
  • Exterior: Awning(s), Balcony, Fence, Patio, Storm/Security Shutters

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached, Driveway, Garage, Paver Block, Garage Door Opener

Virtual/3D Tour

  • Virtual Tour: 516 Majorca Ave

Virtual Tour

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,600,000
  • Price Per SqFt: $683/SqFt

Tax Information:

  • Annual Amount: $10,799
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$1.0M

Med. Price/SqFt

$662

Avg. Days On Market

66

# of Sold Homes

58

516 Majorca Ave vs Coral Gables

35 DAYS ON ROCKET

-31 Days

$1,600,000

+$547K More

$683/SqFt

+$20 More

KEY TAKEAWAY

This property is $547K more than the Median Sold Price and $20/SqFt more 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: #A11552785

Listing Office:

  • Office Name: Address Real Estate LLC
  • Office Phone: (786) 664-8661
  • Listing Agent: Valerie Quemada

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: 4/27/2024, 5:25:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$10,799$521,074
2018$10,025$490,914
2017$9,919$479,385

History based on county public records data.

Payment Calculator

$8,053

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,863

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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-1040040
9
/10
  • George Washington Carver Elementary School

  • 238 Grand Ave

  • 1.98 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1040041
5
/10
  • Ponce De Leon Middle School

  • 5801 Augusto St

  • 2.68 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-1040042
5
/10
  • Coral Gables Senior High School

  • 450 Bird Rd

  • 1.44 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $74,405. Most Coral Gables, FL residents have annual incomes between $35k-100k. Typical family type is 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 516 Majorca Ave

What is the listing price of this property?

The listing price of 516 Majorca Ave property is $1,600,000.

What type of property is this?

The property 516 Majorca Ave is a house located in Coral Gables, Florida, 33134.

Is this property for sale now?

Active Listing: 516 Majorca Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 516 Majorca Ave 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

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $10,799 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 516 Majorca Ave has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 516 Majorca Ave is 2,344 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 516 Majorca Ave is 1984.

Rocket HomesFloridaMiami-Dade CountyCoral Gables33134516 Majorca Ave

This home is located at 516 Majorca Ave in Coral Gables, FL and zip code 33134 in the Granada neighborhood. This 2,344 square foot home was built in 1984. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 22, 2024 and is currently priced at $1,600,000.

Over 6 listings were sold over their listed price in March 2024 in Coral Gables, FL. In the same period over 44 listings were sold below the listed price and 8 listings were sold for the listed price. In March 2024 in Coral Gables, FL there were 7.9% more homes for sale than in February 2024. In March 2024 median list price was $1,053,000 and the average listing age was 66 days.

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

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