NOT LISTED FOR SALE

Estimated Value: $4,469,000 - $5,286,000

4 Beds
3 Baths
3,804 Sq Ft
$1,283/Sq Ft Est. Value

Last Sold February 24, 2020

Last sale price $1,900,000 $499 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $28,618/month

302 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • Gated Community
  • Pinecrest Elementary School Rated A
  • Boat Lift
  • Home fronts a canal

About This Home

As of February 2020

Lowest Price Waterfront Home w/ no bridges to Bay in gated Gables by the Sea. Direct Ocean Access! Owner Financing Available! Approx. 80’ of water frontage. Entire home is UPDATED & Meticulously Maintained. Updated Seawall, IPE wood dock & 20k lb. boat lift. All impact windows/doors, marble floors in living areas & solid bamboo wood floors in rooms., incl. plumbing and seawall. Custom window treatments, built-in closets in each room plus plenty of closets for storage, central vac, AC’d 2 car gar. w/storage, hot tub, & rm for a pool. Great family home for entertaining w volume ceilings, oversized living & family room areas that overlook the water. Tropical landscaping & new exterior LED lighting. The owners take great pride in this home & it shows! voluntary HOA.

Last Agent to Sell the Property

Deborah Preston

Brown Harris Stevens License #0321406 Listed on: 02/11/2019

Brown Harris Stevens

Co-Listed By

Laura Barreto Haney

Brown Harris Stevens License #3243363

Last Buyer's Agent

Anays Robles

Robles International Realty License #0600305

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,584

Year Built

  • Built in 1970

Lot Details

  • 0.29 Acre Lot
  • 82 Ft Wide Lot
  • Home fronts a canal
  • East Facing Home
  • Property is zoned 0100

HOA Fees

  • $17 Monthly HOA Fees

Parking

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

Home Design

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

Interior Spaces

  • 3,804 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Plantation Shutters
  • Blinds
  • French Doors
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Canal Views

Kitchen

  • Eat-In Kitchen
  • Built-In Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

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

Outdoor Features

  • Room in yard for a pool
  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Boat Lift
  • Boat Hoist or Davit
  • Private Dock
  • Deck
  • Patio
  • Exterior Lighting
  • Outdoor Grill
  • Porch

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 03-51-18-008-0330

Community Details

Overview

  • Voluntary home owners association
  • Coral Bay Sec D,Gables By The Sea Subdivision

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,584

Year Built

Built in 1970

Lot Details

0

HOA Fees

$17 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1970
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Co List Office Mls Id: BHSM03
  • Co List Office Phone: 305-666-1800
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlift,Boat Hoists/Davits,Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: CORAL BAY SEC D,Gables by the Sea
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Bar, Built-in Features, Closet Cabinetry, Entrance Foyer, French Doors, Laundry Tub, Skylight, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Family Room, Great Room, Utility Room/Laundry
  • Spa Yn: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: High Impact Doors, French Doors
  • Entry Location: Foyer
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 3804
  • Other Equipment: Automatic Garage Door Opener, Central Vacuum
  • Possible Use: Unknown/Withheld
  • Window Features: Clear Impact Glass, Skylight, Blinds, High Impact Windows, Plantation Shutters
  • Bedroom Features: Entry Level, Master Bedroom Ground Level
  • Dining Room Features: Eat-In Kitchen, Formal Dining
  • Living Room Features: Family Room, Great Room, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • Roof: Flat Tile
  • View: Canal, Water
  • Exterior Features: Barbeque, Lighting, Room For Pool
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Deck, Open Porch, Patio
  • Pool Private: No
  • Property Condition: Substantially Remodeled, Completely Renovated
  • View: Yes
  • Waterfront Features: WF/Ocean Access, Canal Front, No Fixed Bridges, Ocean Access, Seawall
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub, Utility Room/Laundry
  • Security: Curr Owner Wind Mit, Owned Burglar Alarm, Smoke Detector

Condo/Co-op/Association

  • Association Fee: 200
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Gated Community, Security Patrol, Voluntary Hoa
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners, Voluntary

Schools

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

Lot Info

  • Parcel Number: 03-51-18-008-0330
  • Lot Size Sq Ft: 12446
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 22584

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2019
Closed on
Feb 24, 2020
Sold by
Benitez Ricardo and Benitez Mercedes M
Bought by
Genemaras Ramon N and Genemaras Adalys R
Seller's Agent
Deborah Preston
Brown Harris Stevens
Buyer's Agent
Anays Robles
Robles International Realty
List Price
$2,395,000
Sold Price
$1,900,000
Premium/Discount to List
-$495,000
-20.67%
Current Estimated Value
$4,879,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,979,145
Avg. Annual Appreciation
18.67%
Original Mortgage
$350,000
Outstanding Balance
$242,936
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$4,636,209

Purchase Details

Closed on
Feb 1, 2005
Sold by
Lopez Felix and Lopez Maria P
Bought by
Benitez Ricardo and Benitez Mercedes M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2001
Sold by
David J Bailey M and David Nancy H
Bought by
Lopez Felix and Lopez Maria P
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
Genemaras Ramon N $1,900,000 Attorney
Benitez Ricardo $1,525,000 Attorney
Lopez Felix -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Genemaras Ramon N $350,000
Closed Genemaras Ramon N $350,000
Previous Owner Benitez Ricardo $750,000
Previous Owner Benitez Ricardo $500,000
Previous Owner Benitez Ricardo $774,000
Previous Owner Benitez Ricardo $1,000,000
Previous Owner Lopez Felix $800,000
Previous Owner Lopez Felix $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2020 02/24/20 Sold $1,900,000 -13.6% $499 / Sq Ft
11/27/2019 11/27/19 Price Changed $2,199,000 -2.2% $578 / Sq Ft
09/27/2019 09/27/19 Price Changed $2,249,000 -2.2% $591 / Sq Ft
08/08/2019 08/08/19 Price Changed $2,299,000 -2.0% $604 / Sq Ft
07/01/2019 07/01/19 Price Changed $2,345,000 -0.2% $616 / Sq Ft
05/14/2019 05/14/19 Price Changed $2,350,000 -1.9% $618 / Sq Ft
02/11/2019 02/11/19 For Sale $2,395,000 -- $630 / 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 $24,808 $1,364,255 -- --
2024 $22,888 $1,325,807 -- --
2023 $22,888 $1,287,192 $0 $0
2022 $23,366 $1,249,701 $0 $0
2021 $23,181 $1,213,302 $0 $0
2020 $30,418 $1,505,380 $1,108,939 $396,441
2019 $24,688 $1,286,642 $0 $0
2018 $23,689 $1,262,652 $0 $0
2017 $23,525 $1,236,682 $0 $0
2016 $23,372 $1,211,246 $0 $0
2015 $23,671 $1,202,827 $0 $0
2014 $23,807 $1,193,281 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10616477

MIAMI REALTORS® MLS

APN: 03-5118-008-0330