NOT LISTED FOR SALE

1160 San Pedro Ave Coral Gables, FL 33156

Gables By The Sea Neighborhood

Estimated Value: $5,060,000 - $7,710,000

3 Beds
2 Baths
2,929 Sq Ft
$2,067/Sq Ft Est. Value

Last Sold August 13, 2013

Last sale price $1,800,000 $615 Per Sq Ft

Est. 236% increase in value since last sale

Current estimated payment $38,094/month

250 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • Home fronts navigable water
  • Pinecrest Elementary School Rated A
  • Boating
  • 1-minute walk to Coral Bay Park

About This Home

As of August 2013

Exceptional position on the best and triple wide, deep water canal in "Gables by the Sea" no bridge, 5 minutes to open bay.130 ft. of waterfront, can accommodate up to 100 ft. yatch. Seawall, dock, boatlift. Gated and guarded exclusive Coral Gables commun ity. Update, or build new. 13,551 sq ft lot. A plus schools.

Last Agent to Sell the Property

Franco Bianco

Shelton and Stewart REALTORS License #3155226 Listed on: 11/16/2012

Shelton and Stewart REALTORS

Last Buyer's Agent

Franco Bianco

Shelton and Stewart REALTORS License #3155226 Listed on: 11/16/2012

Shelton and Stewart REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,445

Year Built

  • Built in 1959

Lot Details

  • 0.31 Acre Lot
  • 130 Ft Wide Lot
  • Home fronts navigable water
  • Home fronts a canal
  • North Facing Home
  • Fenced
  • Property is zoned 12/S FM

Parking

  • 2 Car Attached Garage
  • Circular Driveway
  • Open Parking

Home Design

  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,929 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Sliding Windows
  • Combination Dining and Living Room
  • Den
  • Utility Room in Garage
  • Terrazzo Flooring
  • Canal Views

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Room in yard for a pool
  • Property has ocean access
  • No Fixed Bridges
  • Private Dock

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 03-51-18-006-1130

Community Details

Overview

  • No Home Owners Association
  • Coral Bay Sec B Subdivision

Recreation

  • Boating

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,445

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1959
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Directions: OLD CUTLER TO LUGO AVE. (SW 128 ST.) EAST, PASS GUARD GATE, GO OVER BRIDGE,FIRST RIGHT IS SAN PEDRO.
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: CORAL BAY SEC B
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Den/Library/Office, Utility/Laundry In Garage
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Terrazzo
  • Furnished: Unfurnished
  • Living Area: 2929
  • Possible Use: Investment
  • Window Features: Sliding
  • Bedroom Features: Other
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen
  • Living Room Features: Den/Library/Office, Utility/Laundry In Garage

Exterior Features

  • Roof: Flat Tile
  • View: Canal, Water
  • Exterior Features: Room For Pool
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Private: No
  • View: Yes
  • Waterfront Features: WF/Ocean Access, Canal Front, Navigable Water, No Fixed Bridges, Ocean Access
  • 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

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: In Garage

Condo/Co-op/Association

  • Association: No
  • Community Features: Boating, Gated Community

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 03-51-18-006-1130
  • Lot Size Sq Ft: 13551
  • Zoning: 12/S FM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 21445

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2012
Closed on
Aug 12, 2013
Sold by
Hammond Donald W
Bought by
Demoya Christopher H and Demoya Jillian D
Seller's Agent
Franco Bianco
Shelton and Stewart REALTORS
Buyer's Agent
Franco Bianco
Shelton and Stewart REALTORS
List Price
$1,690,000
Sold Price
$1,800,000
Premium/Discount to List
$110,000
6.51%
Current Estimated Value
$6,046,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,246,355
Avg. Annual Appreciation
11.17%

Purchase Details

Closed on
Sep 16, 2009
Sold by
Vazquez Michael and Vazquez Osmara
Bought by
Hammond Donald W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.22%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 15, 2005
Sold by
Lazarus Richard and Lyons Mary Susan
Bought by
Vazquez Michael and Vazquez Osmara

Purchase Details

Closed on
Jan 15, 2003
Sold by
Gibson Betty P
Bought by
Lazarus Richard and Lyons Mary Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
5%

Purchase Details

Closed on
Oct 30, 1996
Sold by
Pr Betty P Gibson and Pr Kenneth W Gibson
Bought by
Gibson Betty P
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
Demoya Christopher H $1,800,000 Attorney
Hammond Donald W $1,542,000 Attorney
Vazquez Michael $1,500,000 --
Lazarus Richard $930,000 --
Gibson Betty P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hammond Donald W $400,000
Previous Owner Vazquez Michael $1,250,000
Previous Owner Lazarus Richard $580,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2013 08/13/13 Sold $1,800,000 -2.7% $615 / Sq Ft
07/25/2013 07/25/13 Pending -- -- --
07/08/2013 07/08/13 Price Changed $1,850,000 +9.5% $632 / Sq Ft
11/16/2012 11/16/12 For Sale $1,690,000 -- $577 / 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 $59,884 $3,347,187 -- --
2024 $57,140 $3,252,855 -- --
2023 $57,140 $3,158,112 $0 $0
2022 $56,600 $3,066,129 $0 $0
2021 $58,903 $3,111,847 $1,219,590 $1,892,257
2020 $63,641 $3,354,466 $1,442,504 $1,911,962
2019 $64,174 $3,374,168 $1,442,504 $1,931,664
2018 $66,010 $3,553,438 $1,602,406 $1,951,032
2017 $65,277 $3,427,132 $0 $0
2016 $28,791 $1,453,344 $0 $0
2015 $26,758 $1,321,222 $0 $0
2014 $30,110 $1,470,284 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Franco Bianco

    Seller's Agent in 2013

    Franco Bianco

    Shelton and Stewart REALTORS

    (305) 801-1695

    2 in this area

    6 Total Sales

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1714821

MIAMI REALTORS® MLS

APN: 03-5118-006-1130

Florida Miami/Dade County Coral Gables 33156 Gables By The Sea

1160 San Pedro Ave, Coral Gables, FL

This home is located at 1160 San Pedro Ave, Coral Gables, FL 33156 since 16 November 2012 and is currently estimated at $6,054,538, approximately $2,067 per square foot. This property was built in 1959. 1160 San Pedro Ave is a home located in Miami-Dade County with nearby schools including Pinecrest Elementary School, Palmetto Middle School, and Miami Palmetto Senior High School.

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.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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