NOT LISTED FOR SALE

Estimated Value: $3,598,000 - $3,897,000

5 Beds
3.5 Baths
2,415 Sq Ft
$1,528/Sq Ft Est. Value

Last Sold October 14, 2020

Last sale price $2,250,000 $932 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $23,293/month

167 Days on Market

Highlights

  • Property has ocean access
  • Boating
  • Heated In Ground Pool
  • Pinecrest Elementary School Rated A
  • Home fronts navigable water
  • 1-minute walk to Coral Bay Park

About This Home

As of October 2020

Spectacular waterfront ocean access luxuriously updated 5bd 3.5 bth residence in Gables by the Sea. Open & spacious beach house tri-level design floor plan. Wood & marble floors, impact windows & doors, interior laundry room, 2-car garage. Stunning open kitchen with top-of-the-line appliances, gas cooktop w/large island joining family room. An ideal entertainment setting. Split 5BD plan w/master & 2bd upstairs. Beach-entry htd pool, open deck & summer kitchen overlooks waterway with 100-ft seawall. One-bridge ocean access to Biscayne Bay in minutes. A wonderful family oriented 24-hour guarded enclave with neighborhood park, closed-end pedestrian-friendly tree-lined streets. Excellent proximity to the finest private & public schools; Pinecrest Elem School District. This is truly Paradise!

Last Agent to Sell the Property

Nancy Sanabria

Compass Florida, LLC License #0500376 Listed on: 02/21/2020

Compass Florida, LLC

Last Buyer's Agent

Andros Sarduy

Synergy Realty Advisors License #3225429

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,005

Year Built

  • Built in 1975

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 101x115
  • Home fronts navigable water
  • West Facing Home
  • Property is zoned 0100

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway
  • Paver Block
  • Open Parking

Property Views

  • Canal
  • Pool

Home Design

  • Substantially Remodeled
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,415 Sq Ft Home
  • Built-In Features
  • Plantation Shutters
  • Casement Windows
  • Open Floorplan

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door

Pool

  • Heated In Ground Pool
  • Pool Equipment Stays

Outdoor Features

  • Property has ocean access
  • One Fixed Bridge
  • Seawall
  • Boat Hoist or Davit
  • Exterior Lighting
  • Outdoor Grill

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 03-51-18-005-0680

Community Details

Overview

  • No Home Owners Association
  • Coral Bay Sec A Amd Pl,Gables By The Sea Subdivision

Recreation

  • Boating

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,005

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1975
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Three Or More Stories
  • Directions: 24/hr Guard-gated Gables by the Sea located off historic Old Cutler Rd & Lugo Ave in the City Beautiful, Coral Gables known for it's wide tree-lined avenues, monumental bldgs, winding roadways, green spaces, ornate plazas & excellent municipal services.
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boat Hoists/Davits,Unrestricted Salt Water Access, Hoist/Davit
  • Lot Size: 101x115
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: CORAL BAY SEC A AMD PL,GABLES BY THE SEA
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Gas Range, Refrigerator, Washer
  • Interior Amenities: Second Floor Entry, Built-in Features, Walk-In Closet(s), Utility Room/Laundry
  • Spa Yn: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: High Impact Doors
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 2415
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Unknown/Withheld
  • Window Features: Clear Impact Glass, Casement, High Impact Windows, Plantation Shutters
  • Bedroom Features: Sitting Area - Master Bedroom
  • Dining Room Features: Breakfast Area, Family/Dining Combination, Florida/Dining Combination
  • Living Room Features: Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Barrel Roof
  • View: Canal, Pool
  • Exterior Features: Built-In Grill, Lighting
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Features: Automatic Chlorination, In Ground, Equipment Stays, Heated
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: Yes
  • Waterfront Features: Ocean Access, Navigable Water, One Fixed Bridge, Seawall
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: CORAL BAY SEC A AMD PL
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway, Paver Block

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

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

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

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

Lot Info

  • Parcel Number: 03-51-18-005-0680
  • Lot Size Sq Ft: 11615
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 20005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2020
Closed on
Oct 14, 2020
Sold by
Jimenez Reinaldo Ignacio and Reinaldo Ignacio Jimenez Trust
Bought by
Toledo Louis and Toledo Elsa
Seller's Agent
Nancy Sanabria
Compass Florida, LLC
Buyer's Agent
Andros Sarduy
Synergy Realty Advisors
List Price
$2,366,000
Sold Price
$2,250,000
Premium/Discount to List
-$116,000
-4.9%
Current Estimated Value
$3,691,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,441,240
Avg. Annual Appreciation
10.70%
Original Mortgage
$1,625,000
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Nov 14, 2019
Closed on
Dec 16, 2019
Sold by
Jimenez Reinaldo I and Jimenez Reinaldo Ignacio
Bought by
Jimenez Reinaldo Ignacio
Seller's Agent
Nancy Sanabria
Compass Florida, LLC
Buyer's Agent
Nancy Sanabria
Compass Florida, LLC
Sold Price
$10,500

Purchase Details

Listed on
Sep 21, 2016
Closed on
Jan 30, 2017
Sold by
Vazquez Lisset and Riso William Ralph
Bought by
Jimenez Reinaldo I
Seller's Agent
William Rios
Florida Capital Realty
Buyer's Agent
William Rios
Florida Capital Realty
List Price
$2,790,000
Sold Price
$1,800,000
Premium/Discount to List
-$990,000
-35.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.73%
Original Mortgage
$1,350,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 24, 2013
Closed on
Mar 15, 2014
Sold by
Coral Bay Homes Inc
Bought by
Vazquez Lisset
Seller's Agent
Jeffrey Roa
Keller Williams Realty International Lifestyles
Buyer's Agent
Jeffrey Roa
Keller Williams Realty International Lifestyles
List Price
$606,000
Sold Price
$850,000
Premium/Discount to List
$244,000
40.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.52%
Original Mortgage
$150,000
Interest Rate
3.69%
Mortgage Type
Unknown

Purchase Details

Listed on
Sep 24, 2013
Closed on
Feb 5, 2014
Sold by
Rodriguez Rodolfo
Bought by
Coral Bay Homes Inc
Seller's Agent
Jeffrey Roa
Keller Williams Realty International Lifestyles
Buyer's Agent
Jeffrey Roa
Keller Williams Realty International Lifestyles
List Price
$606,000
Sold Price
$850,000
Premium/Discount to List
$244,000
40.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.69%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 15, 2006
Sold by
Priority I Management Llc
Bought by
Rodriguez Rodolfo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2004
Sold by
Alvarez Lazaro
Bought by
Priority 1 Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$945,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2004
Sold by
Ledo Jose and Torres Ledo Carmen
Bought by
Alvarez Lazaro L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$945,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2002
Sold by
Rodriguez Cynthia A
Bought by
Ledo Jose

Purchase Details

Closed on
Oct 20, 1999
Sold by
Burton Donald O and Burton Michele M
Bought by
Rodriguez Luis
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
Toledo Louis $2,250,000 Attorney
Jimenez Reinaldo Ignacio -- Attorney
Jimenez Reinaldo I $1,800,000 Attorney
Vazquez Lisset $150,000 None Available
Coral Bay Homes Inc $850,000 Clear Title Of South Fl Inc
Rodriguez Rodolfo $2,300,000 Southern Trust & Title Co
Priority 1 Management Llc -- None Available
Alvarez Lazaro L $1,260,000 --
Ledo Jose -- --
Ledo Jose $805,000 --
Rodriguez Luis $625,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Toledo Louis E $2,250,000
Closed Toledo Louis $1,625,000
Previous Owner Jimenez Reinaldo I $1,350,000
Previous Owner Rios Lisset Vazquez $417,000
Previous Owner Vazquez Lisset $150,000
Previous Owner Rodriguez Rodolfo $1,700,000
Previous Owner Alvarez Lazaro L $78,000
Previous Owner Alvarez Lazaro L $945,000
Previous Owner Rodriguez Luis $510,000
Closed Alvarez Lazaro L $54,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2020 10/14/20 Sold $2,250,000 -4.9% $932 / Sq Ft
08/06/2020 08/06/20 Pending -- -- --
02/21/2020 02/21/20 For Sale $2,366,000 0.0% $980 / Sq Ft
11/27/2019 11/27/19 Rented $10,500 -12.5% --
11/27/2019 11/27/19 Under Contract -- -- --
11/14/2019 11/14/19 For Rent $12,000 0.0% --
02/01/2017 02/01/17 Price Changed $2,195,000 +21.9% $692 / Sq Ft
01/31/2017 01/31/17 Sold $1,800,000 -17.8% $567 / Sq Ft
01/31/2017 01/31/17 Price Changed $2,190,000 +21.7% $690 / Sq Ft
01/31/2017 01/31/17 Pending -- -- --
01/22/2017 01/22/17 Off Market $1,800,000 -- --
12/12/2016 12/12/16 For Sale $2,790,000 +55.0% $880 / Sq Ft
12/12/2016 12/12/16 Off Market $1,800,000 -- --
10/13/2016 10/13/16 For Sale $2,790,000 +55.0% $880 / Sq Ft
10/12/2016 10/12/16 Off Market $1,800,000 -- --
09/21/2016 09/21/16 For Sale $2,790,000 +228.2% $880 / Sq Ft
02/05/2014 02/05/14 Sold $850,000 +40.3% $268 / Sq Ft
09/24/2013 09/24/13 Pending -- -- --
09/24/2013 09/24/13 For Sale $606,000 -- $191 / 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 $38,157 $2,086,258 -- --
2024 $36,297 $2,027,462 -- --
2023 $36,297 $1,968,410 $0 $0
2022 $38,959 $2,052,654 $1,486,720 $565,934
2021 $32,251 $1,606,733 $1,178,922 $427,811
2020 $20,408 $1,063,001 $0 $0
2019 $20,005 $1,039,102 $0 $0
2018 $25,371 $1,353,681 $0 $0
2017 $29,082 $1,533,604 $0 $0
2016 $30,410 $1,502,061 $0 $0
2015 $28,029 $1,386,574 $0 $0
2014 $25,166 $1,173,833 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10821747

MIAMI REALTORS® MLS

APN: 03-5118-005-0680