7000 Prado Blvd Coral Gables, FL 33143

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5 beds · 5 baths · 7,076 sq ft · Lot Size: 18,929 sq ft · Single Family Home
Est. Property Value: $6,395,703

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7000 Prado Blvd is in the 33143 neighborhood of Coral Gables, FL. It is located in Miami-Dade County and ZIP code 33143. This Single Family Home was built in 1980 and is approximately 45 years old. The single family home spans 7076 sq ft with 5 bedrooms and 5 bathrooms and sits on a 18929 sq ft lot. According to public records, it was last sold in 2005 for $3,900,000 and has a tax-assessed value of $5,823,790, which is $904 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 7000 Prado Blvd Coral Gables, FL 33143 with Property Intel by Whitepages.

7000 Prado Blvd

Coral Gables, FL 33143

Owner Info

Owners & Occupancy for 7000 Prado Blvd

This property is owned by Evelio D Lopez. Owner contact information includes 10 phone numbers and 5 email addresses.

Property Owners

Cell Phone(305) ***-****View Cell Phone
Residence****************
Landline(305) 854-9145
Distance from Property**********
Email Address*********@yahoo.comView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1**************
Resident 2*************** age 52
Resident 3***************
Resident 4****************** age 36
Resident 5************** age 61

Property Financials for 7000 Prado Blvd

7000 Prado Blvd, Coral Gables, FL has a mortgage from Washington Mutual Bk Fa (orig. April 15, 2022). The Miami-Dade county assessment for 2024 values it at $5,823,790, with annual taxes of $65,848.

Mortgage & Equity Information

Loan Amount$*******
LenderWashington Mutual Bk Fa
Origination DateApril 15, 2022
Interest Rate****%
Term15 Years
Rate TypeFixed
Est Balance$********
Due Date**************
Equity View Equity

Property Tax

Purchase DateDecember 07, 2005
Property Tax Amount$65,848 in 2024
Purchase Price$3,900,000
Assessed Value$5,823,790 on 2024

Investment Potential for 7000 Prado Blvd

The property has a current estimated value of $6,395,703, which is 150% above the zip median, based on public records. It last sold on December 07, 2005 for $3.9M. Projected long-term
is $42,000 annually ($3,500 per month) with a 89% occupancy rate.

Discover more Single Family Homes in 33143.

Long-Term

Gross Rental
$42,000 per year($3,500 per month)
Net Operating Income
Cap Rate
Occupancy Rate
89%in 33143 zip code
 
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Property Details for 7000 Prado Blvd

Property Details

Property Sq Ft

Living Area

7,076 sq ft

89% above market

Lot Size

18,929 sq ft

11% above market

Price Per Sq Ft

Living Area

$904 / sq ft

24% above market

Lot Size Area

$338 / sq ft

145% above market

Property condition, age, exterior, etc. for 7000 Prado…
Longitude: -80.258481 Latitude: 25.704605 Parcel Number (APN): 03-4132-021-1790…

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Market Benchmarks

Compare data for 7000 Prado Blvd in Miami-Dade County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$6,395,703
$514,739
$5,880,964 (1143%)
YoY Price Change
Year Built
1980
2002
-22 years
Living Space
7,076 sq ft
2,420 sq ft
4656 (192%)
$ Per Living Sq Ft
$904
$213
$691 (324%)
Lot Size
18,929 sq ft
10,153 sq ft
8776 (86%)
$ Per Lot Sq Ft
$338
$52
$286 (549%)

Net Operating Income
$20,084
-$95,523 (-476%)
Annual Revenue
$42,000
$32,400
$9,600 (30%)
$13,478
$103,961 (771%)
Net Operating Income
$20,084
-$95,523 (-476%)
Cap Rate
4.24%
Home Value Comparison: Property vs. Local and Regional 5-Bed Single Family Home Medians

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