NOT LISTED FOR SALE

Estimated Value: $3,824,000 - $4,605,000

5 Beds
4 Baths
5,276 Sq Ft
$830/Sq Ft Est. Value

Last Sold March 30, 2023

Last sale price $3,350,000 $635 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $27,595/month

33 Days on Market

Highlights

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

About This Home

As of March 2023

Calling all Developers, Investors, Savvy Homebuyers and Waterfront Lovers. 1135 San Pedro is an opportunity to purchase the best deal on the water right now and finish design and construction to your liking. The current owners have invested in plans, design, a new roof and demo to allow the new buyers to purchase this blank canvas in Gables by the Sea. Great layout with master bedroom upstairs and modern open living spaces. 100 feet of water frontage which can comfortably fit a 70 ft boat with direct ocean access and no bridges. This home is easily worth $6,000,000-$6,500,000 when completed. Gated community with privacy and a true tropical lifestyle.

Last Agent to Sell the Property

Wesley Ulloa

Luxe Properties License #3192493 Listed on: 11/30/2022

Luxe Properties

Co-Listed By

Justin Kirkwood

Luxe Properties License #3349209

Last Buyer's Agent

Ashley Mouriz

Mouriz Properties License #3370911

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,052

Year Built

  • Built in 1977 | Under Construction

Lot Details

  • 0.28 Acre Lot
  • 100 Ft Wide Lot
  • Waterfront
  • South Facing Home
  • Property is zoned 0100

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking

Home Design

  • Split Level Home
  • Flat Tile Roof

Interior Spaces

  • 5,276 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Home Theater
  • Den
  • Sun or Florida Room
  • Canal Views
  • High Impact Door

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs
  • 4 Full Bathrooms
  • Bathtub
  • Shower Only

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Canal Width 1-80 Feet
  • Private Dock
  • Deck
  • Patio
  • Exterior Lighting

Schools

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

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 03-51-18-006-0600

Community Details

Overview

  • No Home Owners Association
  • Coral Bay Sec B Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,052

Year Built

Built in 1977 | Under Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1977
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story, Split Level
  • Co List Office Mls Id: LMPR01
  • Co List Office Phone: 305-809-7650
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: CORAL BAY SEC B
  • Year Built Details: Under Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: First Floor Entry, Den/Library/Office, Florida Room, Media Room
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Door Features: High Impact Doors
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 5276
  • Possible Use: Primary
  • Bedroom Features: Primary Bedroom Upstairs, Primary Bath Shower, Primary Bath Tub
  • Dining Room Features: Formal Dining
  • Living Room Features: Den/Library/Office, Florida Room, Media Room

Exterior Features

  • Roof: Flat Tile
  • View: Canal
  • Exterior Features: Lighting
  • Direction Faces: South
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Deck, Patio
  • Pool Features: In Ground
  • Pool Private: No
  • Property Condition: Under Construction
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Width 1-80 Feet
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: CORAL BAY SEC B
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association: No
  • Community Features: Gated Community
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

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

Lot Info

  • Parcel Number: 03-51-18-006-0600
  • Lot Size Sq Ft: 12000
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 29052

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2022
Closed on
Mar 29, 2023
Sold by
V & K Investments Inc
Bought by
Enrique Rogelio Puig 2021 Trust
Seller's Agent
Wesley Ulloa
Luxe Properties
Buyer's Agent
Ashley Mouriz
Mouriz Properties
List Price
$3,999,990
Sold Price
$3,350,000
Premium/Discount to List
-$649,990
-16.25%
Views
18
Current Estimated Value
$4,379,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,029,394
Avg. Annual Appreciation
11.97%
Original Mortgage
$2,500,000
Outstanding Balance
$2,433,028
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$1,946,366

Purchase Details

Listed on
Mar 27, 2020
Closed on
Jul 9, 2020
Sold by
Manouilidis George and Manouilidis Cynthia
Bought by
V & K Investments Inc
Seller's Agent
pam mayers
BHHS EWM Realty
Buyer's Agent
pam mayers
BHHS EWM Realty
List Price
$2,099,000
Sold Price
$1,825,000
Premium/Discount to List
-$274,000
-13.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.12%
Original Mortgage
$2,150,000
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 23, 2009
Sold by
Bristol Maritime Company Sa
Bought by
Manouilidis George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.07%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 6, 1999
Sold by
Jaime and Suchlicki Carol R
Bought by
Manouilidis George and Manouilidis Cynthia
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
Enrique Rogelio Puig 2021 Trust $3,350,000 None Listed On Document
V & K Investments Inc $1,825,000 Attorney
Manouilidis George -- Attorney
Manouilidis George $900,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Enrique Rogelio Puig 2021 Trust $2,500,000
Previous Owner V & K Investments Inc $2,150,000
Previous Owner Manouilidis Geroge $250,000
Previous Owner Manouilidis George $50,000
Previous Owner Manouilidis George $1,500,000
Previous Owner Manouilidis George $1,000,000
Previous Owner Manouilidis George $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2023 03/30/23 Sold $3,350,000 -16.2% $635 / Sq Ft
01/02/2023 01/02/23 Pending -- -- --
11/30/2022 11/30/22 For Sale $3,999,990 +119.2% $758 / Sq Ft
07/13/2020 07/13/20 Sold $1,825,000 -3.4% $346 / Sq Ft
06/11/2020 06/11/20 Pending -- -- --
05/27/2020 05/27/20 Price Changed $1,890,000 -5.5% $358 / Sq Ft
04/13/2020 04/13/20 Price Changed $1,999,000 -4.8% $379 / Sq Ft
03/27/2020 03/27/20 For Sale $2,099,000 0.0% $398 / Sq Ft
07/16/2019 07/16/19 Rented $5,400 -31.6% --
06/24/2019 06/24/19 Under Contract -- -- --
01/25/2019 01/25/19 Price Changed $7,900 -11.2% $1 / Sq Ft
11/30/2018 11/30/18 Price Changed $8,900 -10.1% $2 / Sq Ft
11/09/2018 11/09/18 Price Changed $9,900 -9.2% $2 / Sq Ft
10/19/2018 10/19/18 Price Changed $10,900 -8.4% $2 / Sq Ft
09/06/2018 09/06/18 For Rent $11,900 +40.0% --
07/10/2017 07/10/17 Rented $8,500 0.0% --
07/10/2017 07/10/17 Under Contract -- -- --
06/26/2017 06/26/17 Price Changed $8,500 -10.5% $1 / Sq Ft
06/08/2017 06/08/17 Price Changed $9,500 -12.8% $2 / Sq Ft
04/26/2017 04/26/17 Price Changed $10,900 -15.5% $2 / Sq Ft
03/22/2017 03/22/17 Price Changed $12,900 -4.4% $2 / Sq Ft
02/02/2017 02/02/17 For Rent $13,500 -- --
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 $43,405 $2,415,577 -- --
2024 $45,241 $2,347,500 -- --
2023 $45,241 $1,581,768 $0 $0
2022 $34,194 $1,633,118 $0 $0
2021 $29,052 $1,484,653 $1,080,000 $404,653
2020 $37,670 $1,889,768 $1,277,400 $612,368
2019 $37,844 $1,894,378 $1,277,400 $616,978
2018 $39,702 $2,040,589 $1,419,000 $621,589
2017 $27,579 $1,406,364 $0 $0
2016 $27,414 $1,377,438 $0 $0
2015 $26,883 $1,367,863 $0 $0
2014 $27,063 $1,357,007 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11309399

MIAMI REALTORS® MLS

APN: 03-5118-006-0600