NOT LISTED FOR SALE

Estimated Value: $3,257,000 - $5,267,000

3 Beds
2.5 Baths
2,928 Sq Ft
$1,451/Sq Ft Est. Value

Last Sold November 01, 2018

Last sale price $1,900,000 $649 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $26,194/month

27 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • Sitting Area In Primary Bedroom
  • Pinecrest Elementary School Rated A
  • Home fronts navigable water
  • Canal View

About This Home

As of November 2018

Direct ocean access home with 100’ seawall, dock & davits on wide waterway, no bridges to Biscayne Bay in gated Gables by the Sea. 1970 3/2.5 2-story home on 11,500 SF waterfront lot filled w/artistically fun features incl 11.5’ open wood beam ceilings. Light filled open floor plan, waterway views from every room. Galley style kitchen & breakfast bar perfect for entertaining. 2-car separate garage/workshop. Ideal opportunity for renovation or new build. Guard-gated community, top schools.

Last Agent to Sell the Property

Nancy Sanabria

Compass Florida, LLC License #0500376 Listed on: 08/31/2018

Compass Florida, LLC

Last Buyer's Agent

Jorge Rey

Synergy International Realty, Inc. License #3400604

Synergy International Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,374

Year Built

  • Built in 1970

Lot Details

  • 0.26 Acre Lot
  • 100 Ft Wide Lot
  • Home fronts navigable water
  • North Facing Home
  • Property is zoned 0100

Parking

  • 2 Car Garage
  • Circular Driveway
  • Open Parking

Home Design

  • Flat Tile Roof

Interior Spaces

  • 2,928 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Fireplace
  • Awning
  • Blinds
  • Family or Dining Combination
  • Canal Views
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom Upstairs
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Boat Hoist or Davit
  • Private Dock
  • Balcony
  • Deck
  • Exterior Lighting

Schools

  • Pinecrest Elementary School
  • Palmetto Middle School
  • Miami Palmetto High School

Utilities

  • Zoned Heating and Cooling
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Coral Bay Sec B,Gables By The Sea Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03-51-18-006-0140

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,374

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1970
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Directions: Enter at guard-gated visitors entry at Gables by the Sea, off Old Cutler Rd and SW 128 St (Lugo Ave) near Gulliver School. Property is East of the Lugo Bridge on the main Lugo waterway direct ocean access canal.
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boat Hoists/Davits,Private Dock,Unrestricted Salt Water Access
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: CORAL BAY SEC B,GABLES BY THE SEA
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Vaulted Ceiling(s), Volume Ceilings, Family Room
  • Spa Yn: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Tile
  • Furnished: Unfurnished
  • Living Area: 2928
  • Possible Use: Unknown/Withheld
  • Window Features: Hurricane Shutters, Blinds, Other Windows
  • Bedroom Features: Sitting Area - Primary Bedroom, Primary Bedroom Upstairs
  • Dining Room Features: Family/Dining Combination
  • Living Room Features: Family Room
  • Master Bathroom Features: Dual Sinks

Exterior Features

  • Roof: Flat Tile
  • View: Canal
  • Exterior Features: Lighting, Open Balcony
  • Direction Faces: North
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Awning(s), Deck, Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: WF/Ocean Access, Navigable Water, No Fixed Bridges, Ocean Access, Seawall
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Park Building Name: CORAL BAY SEC B
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Covered, Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: Other

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Pinecrest
  • High School: Miami Palmetto
  • Middle Or Junior School: Palmetto

Lot Info

  • Parcel Number: 03-51-18-006-0140
  • Lot Size Sq Ft: 11500
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 13374

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2018
Closed on
Nov 1, 2018
Sold by
Swanson Lawrence and Swanson Carla
Bought by
1000 Lugo Llc
Seller's Agent
Nancy Sanabria
Compass Florida, LLC
Buyer's Agent
Jorge Rey
Synergy International Realty, Inc.
List Price
$2,199,000
Sold Price
$1,900,000
Premium/Discount to List
-$299,000
-13.6%
Current Estimated Value
$4,249,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,349,773
Avg. Annual Appreciation
12.24%
Source: Public Records

Range of Values:

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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
1000 Lugo Llc $1,900,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2018 11/01/18 Sold $1,900,000 -13.6% $649 / Sq Ft
09/27/2018 09/27/18 Pending -- -- --
08/31/2018 08/31/18 For Sale $2,199,000 -- $751 / 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 $44,753 $1,804,837 -- --
2024 $40,071 $1,640,761 -- --
2023 $40,071 $1,491,601 $0 $0
2022 $28,830 $1,356,001 $0 $0
2021 $24,312 $1,232,729 $1,035,000 $197,729
2020 $28,871 $1,423,390 $1,224,175 $199,215
2019 $28,964 $1,424,877 $1,224,175 $200,702
2018 $13,457 $708,798 $0 $0
2017 $13,374 $694,220 $0 $0
2016 $13,227 $679,942 $0 $0
2015 $13,405 $675,216 $0 $0
2014 $13,400 $669,858 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10522649

MIAMI REALTORS® MLS

APN: 03-5118-006-0140