O
Seller's Agent in 2020
Oren Alexander
MMLS Assoc.-Inactive Member
115 Arvida Pkwy Miami, FL 33156
Gables Estates NeighborhoodEstimated Value: $19,978,604
8
Beds
12
Baths
10,792
Sq Ft
$1,851/Sq Ft
Est. Value
Highlights
- Property has ocean access
- Private Dock
- Built in 2018 | Newly Remodeled
- Sunset Elementary School Rated A
- Media Room
- In Ground Pool
About This Home
As of August 2020This newly constructed, modern yet transitional masterpiece has single-handedly changed the tone of the Gables Estates waterfront landscape. 115 Arvida is now available for the discerning buyer who demands the utmost in quality and well thought out design by Pacheco Martinez & Associates. Completed in 2018, the expansive 14,713 square-foot home includes an array of luxury and security features and 280 feet of pristine water frontage. The soaring ceilings give an air of grandeur, while rich stone floors and mahogany woodwork are unified throughout. The master bedroom suite is the ultimate escape, with a massive bathroom and three terraces. The property has 280 feet of water frontage on two sides, taking advantage of spectacular views and direct ocean access from the new seawall and dock.
Last Agent to Sell the Property
Oren Alexander
MMLS Assoc.-Inactive Member License #3296414 Listed on: 05/02/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $178,206
Year Built
- Built in 2018 | Newly Remodeled
Lot Details
- 37,897 Sq Ft Lot
- 280 Ft Wide Lot
- Home fronts a canal
- East Facing Home
- Property is zoned 0100
HOA Fees
- $500 Monthly HOA Fees
Parking
- 4 Car Attached Garage
- Circular Driveway
- Open Parking
Home Design
- Barrel Roof Shape
- Concrete Block And Stucco Construction
Interior Spaces
- 10,792 Sq Ft Home
- 2-Story Property
- Wet Bar
- Furniture for Sale
- Built-In Features
- Bar
- Vaulted Ceiling
- Entrance Foyer
- Great Room
- Family Room
- Formal Dining Room
- Media Room
- Den
- Canal Views
- High Impact Door
Kitchen
- Breakfast Area or Nook
- Built-In Oven
- Gas Range
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 8 Bedrooms
- Main Floor Bedroom
- Primary Bedroom Upstairs
- Walk-In Closet
- Two Primary Bathrooms
- Maid or Guest Quarters
- Dual Sinks
- Separate Shower in Primary Bathroom
Laundry
- Dryer
- Washer
Pool
- In Ground Pool
- Outdoor Shower
Outdoor Features
- Property has ocean access
- No Fixed Bridges
- Canal Width is 121 Feet or More
- Boat Hoist or Davit
- Private Dock
- Deck
- Patio
- Exterior Lighting
- Outdoor Grill
Additional Features
- Accessible Elevator Installed
- Forced Air Zoned Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 03-51-05-002-0710
Community Details
Overview
- Club Membership Required
- Gables Estates No 3 Subdivision
Security
- Security Service
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 2, 2019
Closed on
Jul 29, 2020
Sold by
Bidu Properties Llc
Bought by
115 Arvida Parkway Llc
Seller's Agent
Oren Alexander
MMLS Assoc.-Inactive Member
Buyer's Agent
Belinda Sime
Sime Realty Corporation
List Price
$25,000,000
Sold Price
$20,000,000
Premium/Discount to List
-$5,000,000
-20%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,396
Avg. Annual Appreciation
-4.10%
Original Mortgage
$14,000,000
Outstanding Balance
$12,689,231
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$3,069,158
Purchase Details
Closed on
Nov 19, 2010
Sold by
Janis Ronald
Bought by
Bidu Properties Llc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 115 Arvida Parkway Llc | $20,000,000 | Peninsula Title Corp | |
| Bidu Properties Llc | -- | Attorney | |
| Bidu Properties Llc | $4,150,000 | Attorney | |
| Bidu Properties Llc | -- | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 115 Arvida Parkway Llc | $14,000,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/07/2020 08/07/20 | Sold | $20,000,000 | -11.1% | $1,853 / Sq Ft |
| 05/04/2020 05/04/20 | Pending | -- | -- | -- |
| 11/13/2019 11/13/19 | Price Changed | $22,500,000 | -10.0% | $2,085 / Sq Ft |
| 05/02/2019 05/02/19 | For Sale | $25,000,000 | -- | $2,317 / Sq Ft |
Source: MIAMI REALTORS® MLS
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 | $370,797 | $20,336,566 | $11,369,100 | $8,967,466 |
| 2024 | $349,278 | $20,279,892 | -- | -- |
| 2023 | $349,278 | $18,436,266 | $0 | $0 |
| 2022 | $307,631 | $16,760,242 | $7,503,606 | $9,256,636 |
| 2021 | $293,707 | $15,606,031 | $6,253,005 | $9,353,026 |
| 2020 | $183,914 | $9,744,154 | $4,926,610 | $4,817,544 |
| 2019 | $185,284 | $9,791,682 | $4,926,610 | $4,865,072 |
| 2018 | $181,844 | $9,839,210 | $4,926,610 | $4,912,600 |
| 2017 | $98,002 | $5,037,826 | $0 | $0 |
| 2016 | $94,706 | $4,579,842 | $0 | $0 |
| 2015 | $89,711 | $4,163,493 | $0 | $0 |
| 2014 | $76,572 | $3,784,994 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Belinda Sime
Buyer's Agent in 2020
Belinda Sime
Sime Realty Corporation
(786) 344-9579
2 in this area
150 Total Sales
Map
Source: MIAMI REALTORS® MLS
MLS Number: A10648264
APN: 03-5105-002-0710
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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