NOT LISTED FOR SALE

120 Orquidea Ave Coral Gables, FL 33143

Estimated Value: $7,165,000 - $8,649,083

6 Beds
5.5 Baths
5,720 Sq Ft
$1,336/Sq Ft Est. Value

Last Sold August 04, 2017

Last sale price $3,900,000 $682 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $45,416/month

128 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • In Ground Pool
  • Sunset Elementary School Rated A
  • Fitness Center
  • Sitting Area In Primary Bedroom

About This Home

As of August 2017

Exquisite Private Waterfront Residence, Enclosed Breezeway Entry, High Coffered ceilings, gorgeous Millwork, Summer kitchen,wine storage for 750 bottles, Gym, Gourmet Kitchen, Pantry, 5 bedrooms, 4 Baths on 2nd Floor, balconies, Elevator. 6th Bedroom Suite on first floor, now used as Office. Expansive Private Master with Sitting Area, luxurious bath, extra large closets. Terraces overlooking Pool and water views. A truly beautiful home. 2005 Winner, Best Custom Home Platinum Award. 15,428 Ft Lot.

Last Agent to Sell the Property

Cristina Smith

MMLS Assoc.-Inactive Member License #0472271 Listed on: 03/06/2017

Last Buyer's Agent

Consuelo Stewart

MMLS Assoc.-Inactive Member License #3008157

MMLS Assoc.-Inactive Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,156

Year Built

  • Built in 2005

Lot Details

  • 0.35 Acre Lot
  • 120 Ft Wide Lot
  • Home fronts a canal
  • Cul-De-Sac
  • West Facing Home
  • Property is zoned R-12

HOA Fees

  • $333 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 1 Attached Carport Space
  • Driveway
  • Paver Block
  • Guest Parking
  • Open Parking

Property Views

  • Water
  • Pool

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,720 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Fireplace
  • Drapes & Rods
  • Family Room
  • Formal Dining Room
  • Recreation Room
  • Loft
  • Workshop

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Maid or Guest Quarters
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Fixed Bridges
  • Private Dock
  • Balcony
  • Exterior Lighting
  • Outdoor Grill
  • Porch

Utilities

  • Zoned Heating and Cooling
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 03-41-33-001-0150

Community Details

Overview

  • Club Membership Required
  • Cocoplum Sec 2 Subdivision

Recreation

  • Tennis Courts
  • Fitness Center

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,156

Year Built

Built in 2005

Lot Details

0

HOA Fees

$333 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story, Mediterranean
  • Carport Y N: Yes
  • Directions: Cocoplum Road to End, Isla Dorada left to Orquidea, First right to house.
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: Cocoplum Sec 2
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Gas Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: Built-in Features, Cooking Island, Elevator, Pantry, Volume Ceilings, Walk-In Closet(s), Family Room, Loft, Maid/In-Law Quarters, Recreation Room, Utility Room/Laundry, Workshop
  • Spa Yn: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: High Impact Doors
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 5720
  • Other Equipment: Elevator
  • Possible Use: Primary
  • Window Features: Drapes, High Impact Windows, Impact Glass
  • Bedroom Features: Sitting Area - Primary Bedroom, Primary Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Formal Dining
  • Living Room Features: Family Room, Loft, Maid/In-Law Quarters, Recreation Room, Utility Room/Laundry, Workshop
  • Master Bathroom Features: Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • Roof: Barrel Roof
  • View: Pool, Water
  • Exterior Features: Built-In Grill, Lighting, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot, Cul-De-Sac, East Of US 1
  • Patio And Porch Features: Open Balcony, Open Porch
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Front, Fixed Bridge(S)
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Cocoplum Sec 2
  • Carport Spaces: 1
  • Covered Parking Spaces: 3
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Attached Carport, Driveway, Guest, Paver Block

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Owned Burglar Alarm, Smoke Detector

Condo/Co-op/Association

  • Association Fee: 1000
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Community Features: Exercise Room, Gated Community, Tennis Court(s)
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 03-41-33-001-0150
  • Lot Size Sq Ft: 15428
  • Zoning: R-12
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 48156

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2017
Closed on
Aug 4, 2017
Sold by
Robles Alejandro and Robles Olga V
Bought by
Zappala Gregory R and Zappala Candy
Seller's Agent
Cristina Smith
MMLS Assoc.-Inactive Member
Buyer's Agent
Consuelo Stewart
MMLS Assoc.-Inactive Member
List Price
$4,700,000
Sold Price
$3,900,000
Premium/Discount to List
-$800,000
-17.02%
Current Estimated Value
$7,640,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,740,771
Avg. Annual Appreciation
9.13%
Original Mortgage
$2,380,000
Outstanding Balance
$1,942,668
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,999,004

Purchase Details

Closed on
Nov 2, 1999
Sold by
Jordi Joaquin J and Cruzval Magdalena
Bought by
Robles Alejandro and Robles Olga V

Purchase Details

Closed on
Sep 24, 1993
Sold by
Feanny Kathryn Mary
Bought by
Jordi Joaquin J and Cruzval Magdalena
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
Zappala Gregory R $3,400,000 Coral Gables Title & Escrow
Robles Alejandro $740,000 --
Jordi Joaquin J $414,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zappala Gregory R $500,000
Open Zappala Gregory R $2,380,000
Previous Owner Robles Alejandro $1,885,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2017 08/04/17 Sold $3,900,000 -17.0% $682 / Sq Ft
07/13/2017 07/13/17 Pending -- -- --
03/06/2017 03/06/17 For Sale $4,700,000 -- $822 / 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 $56,792 $3,248,702 -- --
2024 $56,376 $3,157,145 -- --
2023 $56,376 $3,065,190 $0 $0
2022 $54,672 $2,975,913 $0 $0
2021 $53,667 $2,889,236 $0 $0
2020 $53,064 $2,849,346 $0 $0
2019 $51,988 $2,785,285 $1,473,374 $1,311,911
2018 $51,056 $2,800,718 $1,473,374 $1,327,344
2017 $48,205 $2,565,978 $0 $0
2016 $48,156 $2,513,201 $0 $0
2015 $47,852 $2,495,731 $0 $0
2014 $48,503 $2,475,924 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10235320

MIAMI REALTORS® MLS

APN: 03-4133-001-0150