NOT LISTED FOR SALE

Estimated Value: $5,803,966 - $6,607,000

7 Beds
7 Baths
4,449 Sq Ft
$1,416/Sq Ft Est. Value

Last Sold May 08, 2023

Last sale price $5,750,000 $1,292 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $39,984/month

312 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • Heated In Ground Pool
  • Pinecrest Elementary School Rated A
  • Boat Lift
  • 1-minute walk to Coral Bay Park

About This Home

As of May 2023

Gables by the Sea modern elegance 2014 7BD 7BA estate w/100' direct ocean access on serene Lugo waterway. Prof landscaped for beauty & privacy w/circular paver driveway on elevated 12k lot. Generator, gas/hi-end appl w/italKraft kitchen. Custom finishes throughout, individually designed bths (all en-suite), lighting fixtures & smart house system. Double height ceilings showcase impressively appointed liv areas opening to htd saline pool, waterway, multiple balconies, summer kit & covered veranda. 2014 concrete dock for mega yacht + 10k lb boat lift. Permitted in 2014 by CLN. Office, laundry, 2-car AC gar + storage. The finest waterfront living includes the very best schools, top-tier municipal services in a tree-lined walker-friendly guard-gated community, including a neighborhood park.

Last Agent to Sell the Property

Nancy Sanabria

Compass Florida, LLC License #0500376 Listed on: 05/13/2022

Compass Florida, LLC

Last Buyer's Agent

David Jimenez

BHHS EWM Realty License #3328339

BHHS EWM Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $64,615

Year Built

  • Built in 2014

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 100x120
  • Home fronts a canal
  • South Facing Home
  • Fenced
  • Property is zoned 0100

Parking

  • 2 Car Attached Garage
  • Circular Driveway
  • Paver Block
  • Open Parking

Property Views

  • Canal
  • Pool

Home Design

  • Substantially Remodeled
  • Flat Tile Roof
  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,449 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • Den

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Cooking Island
  • Snack Bar or Counter

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Walk-In Closet
  • 7 Full Bathrooms
  • Dual Sinks
  • Bathtub
  • Shower Only in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Boat Lift
  • Private Dock
  • Balcony
  • Patio
  • Exterior Lighting
  • Outdoor Grill

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 03-51-18-006-0650

Community Details

Overview

  • Property has a Home Owners Association
  • Voluntary home owners association
  • Coral Bay Sec B,Gables By The Sea Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$64,615

Year Built

Built in 2014

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2014
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlift,Unrestricted Salt Water Access, Lift,Private Dock
  • Lot Size: 100x120
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: CORAL BAY SEC B,Gables by the Sea
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Electric Range, Gas Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Cooking Island, Volume Ceilings, Walk-In Closet(s), Den/Library/Office, Utility Room/Laundry
  • Spa Yn: Yes
  • Full Bathrooms: 7
  • Total Bedrooms: 7
  • Door Features: High Impact Doors
  • Flooring: Carpet, Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 4449
  • Possible Use: Unknown/Withheld
  • Window Features: Clear Impact Glass, Complete Impact Glass, Blinds, High Impact Windows, Impact Glass
  • Bedroom Features: Primary Bedroom Upstairs, Primary Bath Shower, Primary Bath Tub
  • Dining Room Features: Breakfast Area, Snack Bar/Counter
  • Living Room Features: Den/Library/Office, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Concrete, Flat Tile
  • View: Canal, Pool
  • Exterior Features: Built-In Grill, Lighting, Open Balcony, Outdoor Shower
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Open Balcony, Patio
  • Pool Features: In Ground, Heated
  • Pool Private: No
  • Property Condition: Substantially Remodeled, Completely Renovated
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Front, No Fixed Bridges, Seawall
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: CORAL BAY SEC B
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Paver Block

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Gated Community, Public Road, Voluntary Hoa

Association/Amenities

  • MIAMIRE_TypeofAssociation: Voluntary

Schools

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

Lot Info

  • Parcel Number: 03-51-18-006-0650
  • Lot Size Sq Ft: 12000
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 64615

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2022
Closed on
May 5, 2023
Sold by
Quintana Leyvis T
Bought by
Vazquez Michael and Vazquez Arelis
Seller's Agent
Nancy Sanabria
Compass Florida, LLC
Buyer's Agent
David Jimenez
BHHS EWM Realty
List Price
$6,630,000
Sold Price
$5,750,000
Premium/Discount to List
-$880,000
-13.27%
Views
36
Current Estimated Value
$6,297,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$547,742
Avg. Annual Appreciation
3.78%
Original Mortgage
$3,000,000
Outstanding Balance
$2,915,513
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$3,382,229

Purchase Details

Listed on
May 6, 2021
Closed on
Jun 23, 2021
Sold by
Ardila Alberto Pinzon and Fateeva Anna A
Bought by
Quintana Levyis T
Seller's Agent
Anna Fateeva
London Foster Realty
Buyer's Agent
Leyvis Quintana
Albo Realty Group Inc.
List Price
$4,195,000
Sold Price
$4,250,000
Premium/Discount to List
$55,000
1.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.54%
Original Mortgage
$2,205,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2011
Sold by
Lang Roberto J
Bought by
Ardila Alberto Pinzon and Fateeva Anna A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2001
Sold by
Lawrence P Bemis M and Lawrence Cheryl L
Bought by
Lang Roberto J
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
Vazquez Michael $5,750,000 Gables Title
Quintana Levyis T $4,122,500 Attorney
Ardila Alberto Pinzon $1,375,000 Pinecrest Premier Title Llc
Lang Roberto J $1,135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vazquez Michael $3,000,000
Previous Owner Quintana Levyis T $2,205,000
Previous Owner Ardila Alberto Pinzon $850,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/08/2023 05/08/23 Sold $5,750,000 -13.3% $1,292 / Sq Ft
03/21/2023 03/21/23 Pending -- -- --
09/25/2022 09/25/22 For Sale $6,630,000 0.0% $1,490 / Sq Ft
09/25/2022 09/25/22 Off Market $6,630,000 -- --
09/04/2022 09/04/22 For Sale $6,630,000 0.0% $1,490 / Sq Ft
09/04/2022 09/04/22 Off Market $6,630,000 -- --
08/30/2022 08/30/22 Price Changed $6,630,000 -4.3% $1,490 / Sq Ft
07/19/2022 07/19/22 Price Changed $6,930,000 -0.7% $1,558 / Sq Ft
05/13/2022 05/13/22 For Sale $6,980,000 +64.2% $1,569 / Sq Ft
06/24/2021 06/24/21 Sold $4,250,000 +1.3% $955 / Sq Ft View Prior Sale
05/11/2021 05/11/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $4,195,000 -- $943 / 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 $80,320 $4,502,476 -- --
2024 $77,648 $4,375,585 -- --
2023 $77,648 $3,809,496 $0 $0
2022 $64,615 $3,463,179 $1,584,000 $1,879,179
2021 $34,332 $1,805,969 $1,080,000 $725,969
2020 $35,084 $1,840,874 $0 $0
2019 $34,388 $1,799,486 $0 $0
2018 $33,873 $1,765,934 $0 $0
2017 $32,750 $1,729,613 $0 $0
2016 $32,590 $1,694,039 $0 $0
2015 $33,001 $1,682,264 $0 $0
2014 $24,565 $1,231,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11202921

MIAMI REALTORS® MLS

APN: 03-5118-006-0650