NOT LISTED FOR SALE

Estimated Value: $3,409,000 - $4,484,000

4 Beds
4 Baths
2,434 Sq Ft
$1,650/Sq Ft Est. Value

Last Sold February 24, 2021

Last sale price $2,350,000 $965 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $26,474/month

35 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 February 2021

PREMIER Coral Gables WATERFRONT. This ultra chic home sits on a small quiet cul de sac street. Recently underwent a total renovation, updated to perfection, Interiors Design and Decorations by ALEXA. 3,034 Sq.Ft. under A/C includes a Stunning Master Suite with Amazing Bathroom, a beautiful Italian Kitchen open to Family Room plus 3 en suite bedrooms plus an office. Covered out door terrace, large pool, 100 ft Dock, 20,000 lbs Boatlift. Wide deep water Canal, 5 min. to Atlantic Ocean.Gables by the Sea, a gated and guarded Exclusive Community. A plus schools. Seize the Moment, make this special property your home! Showing only from 1pm to 5:45pm

Last Agent to Sell the Property

Franco Bianco

Shelton and Stewart REALTORS License #3155226 Listed on: 11/10/2020

Shelton and Stewart REALTORS

Last Buyer's Agent

Margarita Martinez

Excell Homes Realty, LLC License #0596634

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,432

Year Built

  • Built in 1960

Lot Details

  • 0.28 Acre Lot
  • 100 Ft Wide Lot
  • Waterfront
  • West Facing Home
  • Fenced
  • Property is zoned 0100

Property Views

  • Canal
  • Pool

Home Design

  • Substantially Remodeled
  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,434 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Formal Dining Room
  • Den
  • Storage Room

Kitchen

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

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 4 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • Fire and Smoke Detector

Parking

  • Circular Driveway
  • Open Parking

Pool

  • In Ground Pool
  • Pool Bathroom

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Private Dock

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 03-51-18-007-0960

Community Details

Overview

  • No Home Owners Association
  • Voluntary home owners association
  • Coral Bay Sec C Subdivision
  • Maintained Community

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,432

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1960
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Directions: Enter Gables by the Sea corner of Old Cutler and SW 128 St (Lugo Av). Pass gate. South on Red Road. 3 Blocks then East on Bellavista, 2 blocks to Lerida turn left.
  • Garage Yn: No
  • Horses: No
  • Inclusions: Private Dock,Unrestricted Salt Water Access
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: CORAL BAY SEC C
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Pantry, Split Bedroom, Walk-In Closet(s), Den/Library/Office, Family Room, Storage, Utility Room/Laundry
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 2434
  • Possible Use: Primary
  • Window Features: High Impact Windows, Impact Glass
  • Bedroom Features: Entry Level, Master Bedroom Ground Level
  • Dining Room Features: Eat-In Kitchen, Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Storage Room, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Flat Tile
  • View: Canal, Pool
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Features: In Ground, Pool Bath
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: Yes
  • Waterfront Features: Ocean Access, No Fixed Bridges, Seawall
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: CORAL BAY SEC C
  • Open Parking: Yes
  • Parking Features: Circular Driveway

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: Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: Gated Community, Maintained Community, Voluntary Hoa

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

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

Lot Info

  • Parcel Number: 03-51-18-007-0960
  • Lot Size Sq Ft: 12000
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 27432

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2020
Closed on
Feb 23, 2021
Sold by
Lerida Investments Llc
Bought by
Lerida Holdings Llc
Seller's Agent
Franco Bianco
Shelton and Stewart REALTORS
Buyer's Agent
Margarita Martinez
Excell Homes Realty, LLC
List Price
$2,495,000
Sold Price
$2,350,000
Premium/Discount to List
-$145,000
-5.81%
Current Estimated Value
$4,016,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,666,869
Avg. Annual Appreciation
12.80%
Original Mortgage
$527,500
Outstanding Balance
$481,781
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$3,535,088

Purchase Details

Listed on
Aug 19, 2014
Closed on
Oct 31, 2014
Sold by
Casabella Group Llc
Bought by
Lerida Investments Llc
Seller's Agent
Judith Zeder
Coldwell Banker Realty
Buyer's Agent
William Meyersohn
Brown Harris Stevens
List Price
$1,750,000
Sold Price
$1,437,750
Premium/Discount to List
-$312,250
-17.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.08%

Purchase Details

Listed on
Jan 15, 2014
Closed on
Apr 7, 2014
Sold by
Mastrapa Jose M
Bought by
Casabella Group Llc
Seller's Agent
Jose Pigna
Savoy Realty
Buyer's Agent
Jose Pigna
Savoy Realty
List Price
$800,000
Sold Price
$880,000
Premium/Discount to List
$80,000
10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
136.61%

Purchase Details

Closed on
May 19, 2000
Sold by
Tusa Ronald J and Herdman Susan J
Bought by
Mastrapa Jose M

Purchase Details

Closed on
Dec 7, 1993
Sold by
Conant Herbert D and Conant Carolyn E
Bought by
Tusa Ronald J and Herdman Susan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
7.14%
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
Lerida Holdings Llc $2,350,000 Atlantic Title & Escrow Co
Lerida Holdings Llc $2,350,000 Atlantic Title
Lerida Investments Llc $1,437,800 Attorney
Casabella Group Llc $880,000 Attorney
Mastrapa Jose M $645,000 --
Tusa Ronald J $585,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lerida Holdings Llc $527,500
Open Lerida Holdings Llc $1,527,500
Previous Owner Mastrapa Jose M $500,000
Previous Owner Mastrapa Jose M $805,000
Previous Owner Tusa Ronald J $468,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2021 02/24/21 Sold $2,350,000 -5.8% $965 / Sq Ft
11/10/2020 11/10/20 For Sale $2,495,000 +73.5% $1,025 / Sq Ft
10/31/2014 10/31/14 Sold $1,437,750 -9.9% $491 / Sq Ft
10/14/2014 10/14/14 Pending -- -- --
10/02/2014 10/02/14 Price Changed $1,595,000 -8.9% $544 / Sq Ft
09/17/2014 09/17/14 For Sale $1,750,000 0.0% $597 / Sq Ft
09/02/2014 09/02/14 Pending -- -- --
08/19/2014 08/19/14 For Sale $1,750,000 +98.9% $597 / Sq Ft
04/07/2014 04/07/14 Sold $880,000 +10.0% $300 / Sq Ft
01/15/2014 01/15/14 Pending -- -- --
01/15/2014 01/15/14 For Sale $800,000 -- $273 / 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 $53,773 $2,805,048 -- --
2024 $47,904 $2,550,044 -- --
2023 $47,904 $2,318,222 $0 $0
2022 $40,712 $2,107,475 $1,350,000 $757,475
2021 $27,440 $1,351,036 $1,080,000 $271,036
2020 $26,438 $1,342,068 $1,069,200 $272,868
2019 $27,432 $1,343,899 $1,069,200 $274,699
2018 $28,174 $1,464,530 $1,188,000 $276,530
2017 $26,563 $1,358,362 $0 $0
2016 $26,800 $1,344,296 $0 $0
2015 $27,382 $1,353,303 $0 $0
2014 $15,057 $753,164 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10955141

MIAMI REALTORS® MLS

APN: 03-5118-007-0960