NOT LISTED FOR SALE

Estimated Value: $5,526,000 - $6,822,000

5 Beds
5.5 Baths
6,476 Sq Ft
$972/Sq Ft Est. Value

Last Sold March 12, 2021

Last sale price $2,800,000 $432 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $38,213/month

814 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • Boat Lift
  • Pinecrest Elementary School Rated A
  • Boating
  • In Ground Pool

About This Home

As of March 2021

On prestigious Mar Street in gated Gables by the Sea you will find this 5/5/1 contemporary masterpiece w/110' of seawall + no bridges to Biscayne Bay! Davits, boat lift + floating dock are a boater's dream come true! The 2nd floor living spaces are generous + architecturally interesting. The large eat-in kitchen provides beautiful views to the pool + wide canal. Sit on the back patio + enjoy Miami's beautiful sunsets. The spectacular, private master suite on the 3rd level includes generous his/her walk-in closets, sitting area + luxurious master bathroom. On the ground level you will find 2 garages + a completely enclosed basement. This is a very special home which will allow you to enjoy all that Miami coastal living has to offer! Excellent public + private schools, neighborhood park.

Last Agent to Sell the Property

Bea Evelyn Citron

Compass Florida, LLC. License #3219109 Listed on: 10/30/2018

Compass Florida, LLC.

Last Buyer's Agent

Alex Mantecon

Florida Realty of Miami Corp License #0668178

Florida Realty of Miami Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,774

Year Built

  • Built in 1988

Lot Details

  • 0.42 Acre Lot
  • 110 Ft Wide Lot
  • Home fronts a canal
  • East Facing Home
  • Fenced
  • Property is zoned 0100

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener
  • Circular Driveway
  • On-Street Parking
  • Open Parking
  • RV or Boat Parking

Home Design

  • Barrel Roof Shape
  • Flat Roof with Façade front
  • Concrete Block And Stucco Construction

Interior Spaces

  • 6,476 Sq Ft Home
  • Built-In Features
  • Vaulted Ceiling
  • Fireplace
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Storage Room
  • Dryer
  • Canal Views

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Snack Bar or Counter
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Walk-In Closet

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Boat Lift
  • Boat Hoist or Davit
  • Private Dock
  • Porch

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 03-51-18-013-0030

Community Details

Overview

  • Property has a Home Owners Association
  • Voluntary home owners association
  • Mar Street Sub,Gables By The Sea Subdivision

Recreation

  • Boating
  • Community Spa

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,774

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1988
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Three Or More Stories
  • Directions: Old Cutler Road to Lugo. East on Lugo, first right at circle. Left at Bella Vista to Mar Street! check googlemaps
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlift,Boat Hoists/Davits,Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: MAR STREET SUB,Gables by the Sea
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Electric Range
  • Interior Amenities: Second Floor Entry, Bar, Built-in Features, Cooking Island, Entrance Foyer, Split Bedroom, Volume Ceilings, Walk-In Closet(s), Family Room, Storage
  • Spa Yn: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Entry Location: Foyer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Carpet, Marble
  • Furnished: Unfurnished
  • Living Area: 6476
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Unknown/Withheld
  • Spa Features: Community
  • Bedroom Features: Sitting Area - Master Bedroom, Master Bedroom Upstairs
  • Dining Room Features: Eat-In Kitchen, Formal Dining, Snack Bar/Counter
  • Living Room Features: Family Room, Storage Room

Exterior Features

  • Roof: Barrel Roof, Flat Roof With Facade Front
  • View: Canal
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Open Porch
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: MAR STREET SUB
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Covered, Rv/Boat Parking, On Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Boating, Gated, Spa/Hot Tub, Underground Utilities, Voluntary Hoa

Association/Amenities

  • MIAMIRE_TypeofAssociation: Voluntary

Lot Info

  • Parcel Number: 03-51-18-013-0030
  • Lot Size Sq Ft: 18150
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 21774

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2018
Closed on
Mar 10, 2021
Sold by
Chasin Keith and Chasin Diane
Bought by
Mantecon Alexis and Mantecon Dionys
Seller's Agent
Bea Evelyn Citron
Compass Florida, LLC
Buyer's Agent
Alex Mantecon
Florida Realty of Miami Corp
List Price
$3,495,000
Sold Price
$2,800,000
Premium/Discount to List
-$695,000
-19.89%
Total Days on Market
814
Current Estimated Value
$6,291,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,491,715
Avg. Annual Appreciation
20.10%
Original Mortgage
$2,100,000
Outstanding Balance
$1,891,036
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$4,400,679

Purchase Details

Closed on
Oct 2, 1997
Sold by
Bustamante Mario M and Bustamante Angelina M
Bought by
Chastin Keith and Chastin Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
7.46%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Mantecon Alexis $2,800,000 Attorney
Chastin Keith $1,023,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mantecon Alexis $2,100,000
Previous Owner Chastin Keith $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2021 03/12/21 Sold $2,800,000 -6.7% $432 / Sq Ft
01/05/2021 01/05/21 Pending -- -- --
01/22/2020 01/22/20 Price Changed $2,999,999 -7.7% $463 / Sq Ft
09/26/2019 09/26/19 Price Changed $3,250,000 -7.0% $502 / Sq Ft
10/14/2018 10/14/18 For Sale $3,495,000 -- $540 / 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 $47,166 $2,595,551 -- --
2024 $44,156 $2,522,402 -- --
2023 $44,156 $2,448,934 $0 $0
2022 $44,905 $2,626,276 $2,041,875 $584,401
2021 $23,564 $1,233,653 $0 $0
2020 $23,307 $1,216,621 $0 $0
2019 $22,846 $1,189,268 $0 $0
2018 $21,924 $1,167,094 $0 $0
2017 $21,774 $1,143,090 $0 $0
2016 $21,621 $1,119,579 $0 $0
2015 $21,900 $1,111,797 $0 $0
2014 $22,012 $1,102,974 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10556000

MIAMI REALTORS® MLS

APN: 03-5118-013-0030