tomo logo

$1,950,000

Beds
3
Baths
3.5
sq ft
2,552

2420 Madrid St, Coral Gables, FL 33134

2420 Madrid St

Coral Gables, FL 33134

  • 54 days on market
Opportunity knocks for developers, investors, or end-users looking for a project. Historically designated and fully permitted your client can immediately start renovation. Originally designed by renowned architect, H George Fink, with fully permitted plans by Pacheco Architecture to enhance and expand upon the existing structure, this home is an ode to its timeless allure. It features beautiful curved windows, 10 ft ceilings throughout, a functioning fireplace, and original hardwood flooring. Approved renovation and fully permitted plans included in the sale, as well as top-of-the-line appliances included. Located on a quiet tree-lined street with a large backyard and fruit trees, just minutes from Biltmore & Granada Golf Courses, Miracle Mile, and Downtown Coral Gables.

Details

Property type

Single Family Residence

Est. home value

$1,566,447

Lot size

7,350 sq ft

Price per sq ft

$765

Year built

1923

Annual property taxes

$18,709

Price History

05/09/2024
SEF

SEF #A11582218

Listed
$1,950,000
+34.02%
04/06/2023
SEF

SEF #A11275218

Sold
$1,455,000
+7.78%
03/04/2022
SEF

SEF #A11145087

Sold
$1,350,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Aim Cu

Loan start date

April 2022

Original loan amount

$134,000

Est. remaining balance

Not provided

Interest rate

2.91%

Loan type

Credit Line (Revolving), 30 year

Seller

Scott Matthew Shively and Kate Lucia Shively

Lender

Aim Cu

Loan start date

April 2022

Original loan amount

$134,000

Est. remaining balance

Not provided

Interest rate

2.91%

Loan type

Credit Line (Revolving), 30 year

Seller

Scott Matthew Shively and Kate Lucia Shively

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

Price drop
SEF
$2,225,000
3 bd
|
2.5 ba
|
1,456 sq ft
|
House

320 San Sebastian Ave, Coral Gables, FL 33134

SEF
$2,098,000
3 bd
|
2 ba
|
2,097 sq ft
|
House

501 Sevilla Ave, Coral Gables, FL 33134

SEF
$1,890,000
3 bd
|
2 ba
|
1,635 sq ft
|
House

3628 Harlano St, Miami, FL 33134

Status: Active

Tomo last checked: 07/02/2024 at 7:20 PM

Listing updated: 06/03/2024 at 11:04 AM

Listed by: Jennifer Goldstein, Official Real Estate, LLC Phone #: (305) 968-4492

MLS: SEF #A11582218

SEF logo

Recently listed in Coral Gables