$5,050,000
SOLD NOV 6, 2024
3 Beds
4 Baths
3,079 Sq Ft
0.28 Acres

Recently Sold

$1,640 Per Sq Ft

12% Below List Price

80 Days on Market

Highlights

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

About This Home

As of November 2024

Enjoy the best waterfront living in this beautiful remodeled home, perfectly positioned on a T-style wide section on the waterway, offering breathtaking, uninterrupted views and direct access to Biscayne Bay with NO BRIDGES. This stoning residence features 3 bedrooms plus an office (which can easily serve as a 4th bedroom) and 4 full bath, open yet intimate floor plan invites you to fully appreciate the sweeping views. Picture yourself enjoying a morning coffee in the living room as graceful Great Engrets with their long necks and yellow beaks, glide by, or savoring an aperitif with friends on the terrace as the sun sets on the horizon.

Last Agent to Sell the Property

Amanda Patino

BHHS EWM Realty License #0632049 Listed on: 08/12/2024

BHHS EWM Realty

Last Buyer's Agent

Nora Gonzalez

Douglas Elliman License #3051417

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,238

Year Built

  • Built in 1959

Lot Details

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

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Circular Driveway
  • Open Parking

Property Views

  • Canal
  • Pool

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,079 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Sliding Windows
  • Family Room
  • Combination Dining and Living Room
  • Den
  • Ceramic Tile Flooring

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • Complete Impact Glass
  • High Impact Door
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • No Fixed Bridges
  • Private Dock
  • Patio
  • Exterior Lighting
  • Outdoor Grill
  • Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 03-51-18-006-1110

Community Details

Overview

  • Coral Bay Sec B,Gables By The Sea Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,238

Year Built

Built in 1959

Lot Details

0

HOA Fees

$15 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1959
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock,Unrestricted Salt Water Access
  • Lot Size: 100x120
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: CORAL BAY SEC B,GABLES BY THE SEA
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Cooking Island, Den/Library/Office, Family Room, Utility Room/Laundry
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 3079
  • Possible Use: Unknown/Withheld
  • Window Features: Complete Impact Glass, Blinds, Sliding
  • Bedroom Features: Primary Bedroom Ground Level
  • Dining Room Features: Breakfast Area, Dining/Living Room, Eat-In Kitchen
  • Living Room Features: Den/Library/Office, Family Room, Utility Room/Laundry

Exterior Features

  • Roof: Barrel Roof
  • View: Canal, Pool
  • Exterior Features: Barbeque, Lighting
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Open Porch, Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Front, No Fixed Bridges
  • 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, Driveway

Utilities

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

Condo/Co-op/Association

  • Association Fee: 180
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Gated, Gated Community, Public Road
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 03-51-18-006-1110
  • Lot Size Sq Ft: 12000
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 44238

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2024
Closed on
Nov 6, 2024
Sold by
San Pedro Pier Llc
Bought by
Humberto Torres Revocable Trust and Torres
Seller's Agent
Amanda Patino
BHHS EWM Realty
Buyer's Agent
Nora Gonzalez
Douglas Elliman
List Price
$5,722,000
Sold Price
$5,050,000
Premium/Discount to List
-$672,000
-11.74%
Views
35

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.96%
Original Mortgage
$3,787,500
Outstanding Balance
$3,757,490
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$1,257,547

Purchase Details

Closed on
Oct 24, 2017
Sold by
Sea Sun & Moon Pier Llc
Bought by
San Pedro Pier Llc

Purchase Details

Listed on
Aug 17, 2012
Closed on
Nov 20, 2012
Sold by
Boria Alexander and Pozo Imari
Bought by
Sea Sun & Moon Pier Llc
Seller's Agent
Franco Bianco
Shelton and Stewart REALTORS
Buyer's Agent
Amanda Patino
BHHS EWM Realty
List Price
$1,875,000
Sold Price
$1,500,000
Premium/Discount to List
-$375,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.98%

Purchase Details

Closed on
Jan 14, 2011
Sold by
1140 San Pedro Ave Inc
Bought by
Boria Alexander and Pozo Imari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$894,000
Interest Rate
3.88%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 23, 2010
Sold by
Rudman Carolyn
Bought by
1140 San Pedro Avenue Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2000
Sold by
Rudman Kenneth F and Rudman Mary C
Bought by
Rudman Kenneth F and Rudman Carolyn

Purchase Details

Closed on
Dec 18, 1995
Sold by
Higgs Ina Marie
Bought by
Rudman Kenneth F and Rudman Mary C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
7.41%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $5,050,000 None Listed On Document
Warranty Deed $5,050,000 None Listed On Document
Warranty Deed $1,550,000 Attorney
Warranty Deed $1,500,000 Attorney
Warranty Deed $1,190,000 Southern Trust & Title Co
Warranty Deed $1,400,000 Attorney
Warranty Deed $100 --
Warranty Deed $571,300 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,787,500 New Conventional
Closed $3,787,500 New Conventional
Previous Owner $894,000 Unknown
Previous Owner $700,000 New Conventional
Previous Owner $500,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Previous Owner $236,812 New Conventional
Previous Owner $236,812 Unknown
Previous Owner $310,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2025 06/03/25 For Sale $6,500,000 +28.7% $2,111 / Sq Ft
11/06/2024 11/06/24 Sold $5,050,000 -11.7% $1,640 / Sq Ft
10/31/2024 10/31/24 Pending -- -- --
08/12/2024 08/12/24 For Sale $5,722,000 +281.5% $1,858 / Sq Ft
11/20/2012 11/20/12 Sold $1,500,000 -20.0% $489 / Sq Ft
11/13/2012 11/13/12 Pending -- -- --
08/17/2012 08/17/12 For Sale $1,875,000 -- $612 / 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 $50,917 $4,092,613 $3,600,000 $492,613
2024 $44,238 $1,918,438 -- --
2023 $44,238 $1,744,035 $0 $0
2022 $33,259 $1,585,487 $0 $0
2021 $29,139 $1,441,352 $1,080,000 $361,352
2020 $33,018 $1,643,178 $1,277,400 $365,778
2019 $32,280 $1,647,490 $1,277,400 $370,090
2018 $34,380 $1,793,402 $1,419,000 $374,402
2017 $30,930 $1,544,781 $0 $0
2016 $32,475 $1,546,720 $0 $0
2015 $30,958 $1,421,478 $0 $0
2014 $28,633 $1,292,253 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11638538

MIAMI REALTORS® MLS

APN: 03-5118-006-1110