4 months on rocket

Backup Offers

1240 Obispo Ave, Coral Gables, FL, 33134

$1,649,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,660 SqFt
$993/SqFt
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

1240 Obispo Ave, Coral Gables$1,649,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDetached Carport, Driveway
Year Built1926
HeatingCentral, Electric
CoolingCentral Air, Electric
ViewGarden
MLS #A11609494
StatusAccepting Backup Offers
(Active Under Contract)

About 1240 Obispo Ave

Designed by the renowned Walter C. DeGarmo, this charming Old Spanish home sits on a 7,500 sq. ft. lot on Obispo Ave. The residence features three bedrooms and two bathrooms, with preserved archways and a functional fireplace. The light-filled living and dining rooms enhance its historic charm. The 150 ft deep lot offers ample space for expansion or adding a pool. The backyard is a private tropical oasis with a classic tiled covered porch. The detached garage is perfect for a home office, yoga studio, or guest house. Conveniently located near golf courses, the Biltmore Hotel, top schools, and Merrick Park shopping. Enjoy a peaceful, shaded natural environment in both the front and back yards.

Property Details

Property Features

Property Information:

  • Architectural Style: Detached, One Story, Spanish/Mediterranean
  • Year Built: 1926
  • Stories: 1
  • Living Area: 1,660 SqFt

Listing Office:

  • Office Name: Compass Florida, LLC
  • Office Phone: (305) 767-6800
  • Listing Agent: Guillermo Freixas

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Flooring Type: Tile, Wood
  • Interior: Built-in Features, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, French Door(s)/Atrium Door(s), First Floor Entry, Fireplace, Kitchen/Dining Combo, Main Level Primary, Tub Shower, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Garden
  • Exterior: Fence, Security/High Impact Doors, Lighting, Porch, Room For Pool, Shed, Awning(s)

Parking Information:

  • Parking: Detached Carport, Driveway

Virtual/3D Tour

  • Virtual Tour: 1240 Obispo Ave
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,649,000
  • Price Per SqFt: $993/SqFt

Tax Information:

  • Annual Amount: $5,197
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Coral Gables, FL

City

Med. Sold Price

$1.2M

Med. Price/SqFt

$719

Avg. Days On Market

41

# of Sold Homes

35

1240 Obispo Ave vs Coral Gables

149 DAYS ON ROCKET

+108 Days

$1,649,000

+$369K More

$993/SqFt

+$274 More

KEY TAKEAWAY

This property is $369K more than the Median Sold Price and $274/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: #A11609494

Listing Office:

  • Office Name: Compass Florida, LLC
  • Office Phone: (305) 767-6800
  • Listing Agent: Guillermo Freixas

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: 11/17/2024, 7:20:48 PM 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$5,197$264,708
2018$4,891$253,933
2017$3,963$248,711

History based on county public records data.

Payment Calculator

$8,298

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,010

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

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.

Nearby Schools

school-card-donut-593506
8
/10

  • Sylvania Heights Elementary School

  • 5901 SW 16th St

  • 0.73 miles

  • Public District Grades PK-5

school-card-donut-593507
6
/10

  • Fairlawn Elementary School

  • 444 SW 60th Ave

  • 1.13 miles

  • Public District Grades PK-5

school-card-donut-593508
6
/10

  • Henry M. Flagler Elementary School

  • 5222 NW 1st St

  • 1.19 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $129,722. Most Coral Gables, FL residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1240 Obispo Ave

What is the listing price of this property?

The listing price of 1240 Obispo Ave property is $1,649,000.

What type of property is this?

The property 1240 Obispo Ave is a house located in Coral Gables, Florida, 33134.

Is this property for sale now?

Accepting Backup Offers: 1240 Obispo Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,197 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1240 Obispo Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1240 Obispo Ave is 1,660 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1240 Obispo Ave is 1926.

Rocket Homes›Florida›Miami-Dade County›Coral Gables›33134›1240 Obispo Ave

This home is located at 1240 Obispo Ave in Coral Gables, FL and zip code 33134 in the Granada neighborhood. This 1,660 square foot home was built in 1926. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 21, 2024 and is currently priced at $1,649,000.

Over 4 listings were sold over their listed price in October 2024 in Coral Gables, FL. In the same period over 24 listings were sold below the listed price and 7 listings were sold for the listed price. In October 2024 in Coral Gables, FL there were 11.6% more homes for sale than in September 2024. In October 2024 median list price was $1,280,000 and the average listing age was 41 days.

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

More Resources