NOT LISTED FOR SALE

Estimated Value: $7,142,000 - $8,382,134

6 Beds
6.5 Baths
8,024 Sq Ft
$958/Sq Ft Est. Value

Last Sold October 11, 2017

Last sale price $3,850,000 $480 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $44,894/month

208 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • Home fronts navigable water
  • Pinecrest Elementary School Rated A
  • 1 Bedroom Guest House
  • Fitness Center

About This Home

As of October 2017

Spectacular 2 story waterfront corner home on gated community of Gables by the Sea. Completely renovated by an interior designer, who combined the modern and the classic to deliver the exquisite Coral Gables living experience. This home offers expansive entertainment areas, sleek Euro-style kitchen & baths, luxurious master suite with spa-like bath, elevator, amazing rooftop, a private dock with direct ocean access and fully equipped outdoor kitchen to fully embrace a boat-lovers dream. It also offers a charming detached 1 Bed/1Bath plus den guest house. ... Must see ... Easy to show - call us , motivated owners

Last Agent to Sell the Property

Alba Pomenta Cusco

A.M.A. Realty Group Inc. License #3289685 Listed on: 12/22/2016

Co-Listed By

Martina Faillace

MMLS Assoc.-Inactive Member License #3320801

Last Buyer's Agent

Rafael Ochoa

Coldwell Banker Realty License #3131938

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,803

Year Built

  • Built in 2002 | Newly Remodeled

Lot Details

  • 0.47 Acre Lot
  • 55 Ft Wide Lot
  • Home fronts navigable water
  • Home fronts a canal
  • Southeast Facing Home
  • Property is zoned R-9

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Circular Driveway
  • Open Parking

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 8,024 Sq Ft Home
  • Central Vacuum
  • Ceiling Fan
  • Fireplace
  • Blinds
  • Bay Window
  • French Doors
  • Family Room
  • Formal Dining Room
  • Open Floorplan
  • Home Theater
  • Den
  • Recreation Room
  • Storage Room
  • Canal Views

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Laundry Tub

Home Security

  • Intercom Access
  • High Impact Windows
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Elevator Installed
  • Handicap Accessible

Outdoor Features

  • Heated In Ground Pool
  • Property has ocean access
  • No Fixed Bridges
  • Private Dock
  • Balcony
  • Patio
  • Shed
  • Outdoor Grill
  • Porch

Additional Homes

  • 1 Bedroom Guest House
  • One Bathroom Guest House

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 03-51-18-013-0010

Community Details

Overview

  • Mar Street Sub Subdivision

Recreation

  • Fitness Center

Additional Features

  • Game Room
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,803

Year Built

Built in 2002 | Newly Remodeled

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2002
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Other
  • Co List Office Mls Id: AMAI01
  • Co List Office Phone: 305-444-9311
  • Directions: CUTLER RD TO SW 128 ST (LUGO) ENTRANCE TO GABLES BY THE SEA. TURN RIGHT AT STOP SIGN (57 AVE) TRAVEL SOUTH T BELLA VISTA, LEFT AT BELLA VISTA & GO EAST 8 BLOCKS TO MAR STREET (LAST STREET)
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: Mar Street Sub
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_GuestHouseDescription: 1 Bath, 1 Bedroom
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Wall Oven
  • Interior Amenities: Closet Cabinetry, Elevator, French Doors, Handicap Accessible, Laundry Tub, Den/Library/Office, Family Room, Separate Guest/In-Law Quarters, Maid/In-Law Quarters, Media Room, Recreation Room, Storage, Utility Room/Laundry
  • Spa Yn: Yes
  • Accessibility Features: Handicap Accessible
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: French Doors
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 8024
  • Other Equipment: Automatic Garage Door Opener, Central Vacuum, Elevator, Intercom
  • Possible Use: Primary
  • Window Features: Bay Window(s), Blinds, High Impact Windows, Impact Glass
  • Bedroom Features: Sitting Area - Primary Bedroom, Primary Bedroom Upstairs
  • Dining Room Features: Dining/Living Room, Formal Dining, Kitchen Dining
  • Living Room Features: Den/Library/Office, Family Room, Separate Guest/In-Law Quarters, Maid/In-Law Quarters, Media Room, Recreation Room, Storage Room, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Barrel Roof
  • View: Canal
  • Exterior Features: Built-In Grill, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Southeast
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot
  • Other Structures: Extra Building/Shed
  • Patio And Porch Features: Open Balcony, Open Porch, Patio
  • Pool Features: In Ground, Heated
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Front, Navigable Water, No Fixed Bridges
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Mar Street Sub
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Covered

Utilities

  • Sewer: Other
  • Water Source: Other
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric, Gas
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub, Utility Room/Laundry
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association Fee: 150
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Exercise Room, Game Room, Gated Community, Other
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

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

Lot Info

  • Parcel Number: 03-51-18-013-0010
  • Lot Size Sq Ft: 20600
  • Zoning: R-9
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 40803

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2016
Closed on
Oct 12, 2017
Sold by
Cusco Alba Marisela Pomenta and Cusco Eduardo
Bought by
Font Jean Paul
Seller's Agent
Alba Pomenta Cusco
A.M.A. Realty Group Inc.
Buyer's Agent
Rafael Ochoa
Coldwell Banker Realty
List Price
$4,260,000
Sold Price
$3,850,000
Premium/Discount to List
-$410,000
-9.62%
Current Estimated Value
$7,477,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,627,493
Avg. Annual Appreciation
8.47%
Original Mortgage
$3,000,000
Outstanding Balance
$2,517,859
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$4,759,149

Purchase Details

Closed on
Feb 15, 2011
Sold by
Cusco Eduardo and Cusco Alba Marisela Pomenta
Bought by
Decusco Marisela Pomenta

Purchase Details

Closed on
Mar 30, 2009
Sold by
Perez Agustin and Perez Maria E
Bought by
Cusco Eduardo and Cusco Alba Marisela Pomenta

Purchase Details

Closed on
Apr 2, 2008
Sold by
Perez Maria Elena and Perez Agustin
Bought by
Perez Agustin and Perez Maria Elena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.02%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 2, 1997
Sold by
Thomas and Portale Patricia J
Bought by
Perez Maria E
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
Font Jean Paul $3,850,000 Attorney
Decusco Marisela Pomenta -- Attorney
Cusco Eduardo $2,500,000 Attorney
Perez Agustin -- None Available
Perez Maria E $395,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Font Jean P $950,000
Open Font Jean Paul $3,000,000
Previous Owner Cusco Eduardo $417,000
Previous Owner Cusco Eduardo $1,100,000
Previous Owner Perez Augustin $700,000
Previous Owner Mechadron Development & Construction Inc $3,247,500
Previous Owner Perez Maria E $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2017 10/11/17 Sold $3,850,000 -3.4% $480 / Sq Ft
07/19/2017 07/19/17 Pending -- -- --
03/14/2017 03/14/17 Price Changed $3,984,000 -6.5% $497 / Sq Ft
12/22/2016 12/22/16 For Sale $4,260,000 -- $531 / 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 $49,655 $2,768,898 -- --
2024 $47,150 $2,690,863 -- --
2023 $47,150 $2,612,489 $0 $0
2022 $46,908 $2,536,398 $0 $0
2021 $46,686 $2,462,523 $1,668,600 $793,923
2020 $46,681 $2,455,518 $1,651,914 $803,604
2019 $54,866 $2,834,831 $1,651,914 $1,182,917
2018 $57,271 $3,032,458 $1,835,460 $1,196,998
2017 $41,845 $2,168,741 $0 $0
2016 $40,803 $2,124,135 $0 $0
2015 $41,312 $2,109,370 $0 $0
2014 $41,689 $2,092,629 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10197238

MIAMI REALTORS® MLS

APN: 03-5118-013-0010