Welcome to this charming two-bedroom, one-bath home spanning over 1,100 square feet, offering a canvas of opportunity in a desirable location. This property is ideal for those with a vision, ready to bring new life to a prime piece of real estate. While the home may benefit from updates or redevelopment, it holds undeniable potential for creating a custom residence tailored to your unique style. Located on a generous lot with mature trees and established surroundings, this property provides the foundation for a beautiful transformation. With the right touch, you can unlock its true value and make it your own.
Property Details
Property Features
Property Information:
Architectural Style: Detached, One Story
Year Built: 1939
Stories: 1
Living Area: 1,104 SqFt
Listing Office:
Office Name: Compass Florida, LLC
Office Phone: (305) 767-6800
Listing Agent: Guillermo Freixas
Interior Features
Interior Information:
Appliances: Dryer, Other, Refrigerator, Washer
Flooring Type: Other
Interior: Bedroom on Main Level, First Floor Entry, Living/Dining Room, Tub Shower
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$5,558
Per Month
Principal & Interest
$5,491
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,364
Powered By
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
Coral Gables Preparatory Academy
105 Minorca Ave
Distance between this listing and this school0.57 miles
Public District Grades PK-5
6
/10
Kinlock Park Elementary School
4275 NW 1st St
Distance between this listing and this school1.12 miles
Public District Grades PK-5
4
/10
Auburndale Elementary School
3255 SW 6th St
Distance between this listing and this school1.33 miles
Public District Grades PK-5
Nearby Schools
9
/10
Somerset Gables Academy
624 Anastasia Ave
Distance between this listing and this school1.05 miles
Public Charter Grades KG-8
4
/10
Kinloch Park Middle School
4340 NW 3rd St
Distance between this listing and this school1.19 miles
Public District Grades 6-8
8
/10
Mater Grove Academy
2805 SW 32nd Ave
Distance between this listing and this school1.89 miles
Public Charter Grades KG-8
Nearby Schools
5
/10
Coral Gables Senior High School
450 Bird Rd
Distance between this listing and this school1.64 miles
Public Magnet Grades 9-12
1
/10
Green Springs High School
3555 NW 7th St
Distance between this listing and this school1.78 miles
Public Charter Grades 9-12
9
/10
International Studies Charter High School
2480 SW 8th St
Distance between this listing and this school1.95 miles
The neighbors living near this home have an average income of $54,827. Residents of Coral Gables, FL typically earn between $35k-100k each year. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 524 Mendoza Ave
What is the listing price of this property?
The listing price of 524 Mendoza Ave property is $1,100,000.
What type of property is this?
The property 524 Mendoza Ave is a house located in Coral Gables, Florida, 33134.
Is this property for sale now?
Active Listing: 524 Mendoza Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $3,003 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 524 Mendoza Ave has 2 bedrooms and 1 bathroom.
What is the square footage of this property?
The property 524 Mendoza Ave is 1,104 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 524 Mendoza Ave is 1939.
This home is located at 524 Mendoza Ave in Coral Gables, FL and zip code 33134 in the Granada neighborhood. This 1,104 square foot home was built in 1939. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 28, 2024 and is currently priced at $1,100,000.
In October 2024 more than 4 listings in Coral Gables, FL were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 24 were sold below. The number of homes for sale in Coral Gables, FL increased by 11.6% between September 2024 and October 2024. The median list price of listings available in October 2024 was $1,280,000, while the average time on the real estate market was 41 days.
From Rocket Homes Real Estate and based on county public records data.