NOT LISTED FOR SALE

Estimated Value: $4,632,000 - $7,828,000

5 Beds
6.5 Baths
7,500 Sq Ft
1997 Built

Last Sold December 26, 2013

Last sale price $4,750,000 $633 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $38,481/month

100 Days on Market

Highlights

  • Doorman
  • Marina
  • Sitting Area In Primary Bedroom
  • Coconut Grove Elementary School Rated A
  • Direct Ocean View
  • 2-minute walk to Sunrise Park

About This Home

As of December 2013

This rare unit is a combination of the building's A and C floor plans. Unit is located in the southeastern corner of the building, which allows for beautiful views. This condo will impress the most discerning buyer with a recent renovation costing almost $2 million with Constantin Georges as the designer. See Floor Plan in Attachments Section. Includes four parking spaces and valet service.

Last Agent to Sell the Property

Chad Carroll

Compass Florida, LLC License #3231797 Listed on: 04/01/2013

Compass Florida, LLC

Last Buyer's Agent

Mia (Maria) Patch

Realty Solutions Group License #0434623

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $62,272

Year Built

  • Built in 1997

Parking

  • 4 Car Garage

Home Design

  • Entry on the 12th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 7,500 Sq Ft Home
  • Built-In Features
  • Entrance Foyer

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom

Laundry

  • Dryer
  • Washer

Home Security

Schools

  • Coconut Grove Elementary School
  • Ponce De Leon Middle School
  • Coral Gables High School

Additional Features

  • Accessible Elevator Installed
  • Balcony
  • Home fronts a canal
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 03-41-29-066-0120

Community Details

Overview

  • Property has a Home Owners Association
  • High-Rise Condominium
  • The Gables Condo
  • 19-Story Property

Amenities

  • Doorman
  • Sauna
  • Clubhouse

Recreation

  • Heated Community Pool
  • Putting Green

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Security Guard
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$62,272

Year Built

Built in 1997

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 1997
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 12
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Built-in Features, Elevator, Entrance Foyer
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Entry Location: Foyer
  • Flooring: Carpet, Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 7500
  • Possible Use: Primary
  • Stories: 19
  • Bedroom Features: Sitting Area - Primary Bedroom

Exterior Features

  • View: Direct Ocean
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: THE GABLES CONDO
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Parking Features: Covered

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Smoke Detector, Doorman, Guard At Site

Condo/Co-op/Association

  • Association Fee: 5000
  • Amenities: Clubhouse-Clubroom, Heated Pool, Marina, Putting Green, Sauna, Tennis Court(s)
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Coconut Grove
  • High School: Coral Gables
  • Middle Or Junior School: Ponce De Leon

Lot Info

  • Parcel Number: 03-41-29-066-0120
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 5000

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 62272

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2023
Sold by
Topping David Reid and Topping Kerri Moritz
Bought by
David Reid Topping Trust
Current Estimated Value
$6,243,167

Purchase Details

Listed on
Apr 1, 2013
Closed on
Dec 23, 2013
Sold by
Steinfurth Paul R
Bought by
Topping David
Seller's Agent
Chad Carroll
Compass Florida, LLC
Buyer's Agent
Mia (Maria) Patch
Realty Solutions Group
List Price
$5,300,000
Sold Price
$4,750,000
Premium/Discount to List
-$550,000
-10.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.35%

Purchase Details

Closed on
Apr 3, 2007
Sold by
Sibley Peter and Sibley Susan
Bought by
Sibley Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,520,000
Interest Rate
8.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2005
Sold by
Kahn Gilbert S
Bought by
Sibley Peter L and Sibley Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 19, 2004
Sold by
Wolfson Lynn
Bought by
Kahn Gilbert S

Purchase Details

Closed on
Oct 30, 2003
Sold by
Miami River Properties Inc
Bought by
Wolfson Lynn and Northern Trust Bank Of Florida Na

Purchase Details

Closed on
Feb 4, 1997
Sold by
The Gables
Bought by
Miami River Properties Inc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
David Reid Topping Trust -- None Listed On Document
David Reid Topping Trust -- None Listed On Document
Topping David $4,750,000 Attorney
Sibley Peter -- Attorney
Sibley Peter L $2,800,000 --
Kahn Gilbert S $3,225,000 --
Wolfson Lynn $3,225,000 --
Miami River Properties Inc $2,035,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sibley Peter $3,520,000
Previous Owner Sibley Peter L $1,900,000
Closed Sibley Peter L $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/26/2013 12/26/13 Sold $4,750,000 -10.4% $633 / Sq Ft
07/11/2013 07/11/13 Pending -- -- --
04/01/2013 04/01/13 For Sale $5,300,000 -- $707 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $64,576 $3,688,758 -- --
2024 $63,040 $3,584,799 -- --
2023 $63,040 $3,480,388 $0 $0
2022 $61,145 $3,379,018 $0 $0
2021 $61,031 $3,280,600 $0 $0
2020 $61,201 $3,280,649 $0 $0
2019 $69,027 $3,686,123 $0 $0
2018 $67,247 $3,677,095 $0 $0
2017 $66,704 $3,601,465 $0 $0
2016 $66,652 $3,527,390 $0 $0
2015 $67,927 $3,527,390 $0 $0
2014 $77,201 $3,919,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1767651

MIAMI REALTORS® MLS

APN: 03-4129-066-0120