NOT LISTED FOR SALE

Estimated Value: $8,664,000

6 Beds
9 Baths
10,694 Sq Ft
$810/Sq Ft Est. Value

Last Sold September 24, 2020

Last sale price $33,000,000 $3,086 Per Sq Ft

Current estimated payment $56,405/month

329 Days on Market

Highlights

  • Ocean Front
  • Deeded Boat Dock
  • Home Theater
  • Sunset Elementary School Rated A
  • Boat Lift
  • Heated In Ground Pool

About This Home

As of September 2020

This majestic Tuscan-inspired villa, designed by Rafael Portuondo with the finest finishes and smart technology, is situated on 62,000 SF in prestigious Gables Estates. It boasts 200 ft directly on Biscayne Bay, plus 200 ft on a protected inlet with private dock and boatlift. An entry foyer with marble staircase leads to formal living room and adjacent office. Gourmet kitchen comes with two marble islands. Family room has wet bar in Macassar wood, and wine room has 2,200 bottle capacity. Grand primary suite on second floor has morning bar, two custom closets, and sophisticated primary bathroom. Covered patio includes a summer kitchen and sitting area overlooking an infinity pool with a waterfall. Truly a unique property in a spectacular setting, with wonderful breezes off the Bay.

Last Agent to Sell the Property

Judith Zeder

Coldwell Banker Realty License #0650944 Listed on: 10/09/2019

Coldwell Banker Realty

Co-Listed By

Nathan Zeder

Coldwell Banker Realty License #3058239

Last Buyer's Agent

Judith Zeder

Coldwell Banker Realty License #0650944 Listed on: 10/09/2019

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $216,483

Year Built

  • Built in 2018

Lot Details

  • 1.42 Acre Lot
  • 400 Ft Wide Lot
  • Ocean Front
  • Property Fronts a Bay or Harbor
  • Northwest Facing Home
  • Unpaved Streets
  • Property is zoned 0100

HOA Fees

  • $625 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Automatic Garage Door Opener
  • Circular Driveway
  • Guest Parking
  • On-Street Parking
  • Open Parking

Property Views

  • Ocean
  • Bay
  • Pool

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 10,694 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Fireplace
  • Plantation Shutters
  • Blinds
  • French Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Den

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Snack Bar or Counter

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Walk-In Closet
  • Maid or Guest Quarters
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Heated In Ground Pool
  • Property has ocean access
  • No Fixed Bridges
  • Boat Lift
  • Deeded Boat Dock
  • Balcony
  • Patio
  • Exterior Lighting
  • Outdoor Grill
  • Porch

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 03-51-05-002-0490

Community Details

Overview

  • Club Membership Available
  • Club Membership Required
  • Gables Estates No 3 Subdivision
  • Maintained Community

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$216,483

Year Built

Built in 2018

Lot Details

0

HOA Fees

$625 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2018
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Co List Office Mls Id: CBRE52
  • Co List Office Phone: 305-667-4815
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlift,Deeded Dock,Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: GABLES ESTATES NO 3
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Gas Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Bar, Built-in Features, Closet Cabinetry, Elevator, Entrance Foyer, French Doors, Pantry, Walk-In Closet(s), Wet Bar, Den/Library/Office, Family Room, Maid/In-Law Quarters, Media Room, Utility Room/Laundry
  • Spa Yn: Yes
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Door Features: High Impact Doors, French Doors
  • Entry Location: Foyer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 10694
  • Other Equipment: Automatic Garage Door Opener, Elevator
  • Possible Use: Unknown/Withheld
  • Window Features: Blinds, High Impact Windows, Plantation Shutters
  • Bedroom Features: At Least 1 Bedroom Ground Level, Sitting Area - Master Bedroom, Master Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Formal Dining, Snack Bar/Counter
  • Living Room Features: Den/Library/Office, Family Room, Maid/In-Law Quarters, Media Room, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Barrel Roof
  • View: Bay, Ocean, Pool
  • Exterior Features: Barbeque, Built-In Grill, Lighting, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Northwest
  • Lot Features: 1 To Less Than 2 Acre Lot
  • Patio And Porch Features: Open Balcony, Open Porch, Patio
  • Pool Features: In Ground, Heated
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, No Fixed Bridges, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Park Building Name: GABLES ESTATES NO 3
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway, Guest, On Street

Utilities

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

Condo/Co-op/Association

  • Association Fee: 7500
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Gated Community, Maintained Community, Other Membership Available, Paved Road, Security Patrol, Street Lights, Unpaved Road
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 03-51-05-002-0490
  • Lot Size Sq Ft: 62000
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 216483

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2019
Closed on
Sep 24, 2020
Sold by
Perez Martiniano J and Perez Sofia
Bought by
Toledo Custedio Fernando and Toledo Ana Paula
Seller's Agent
Judith Zeder
Coldwell Banker Realty
Buyer's Agent
Judith Zeder
Coldwell Banker Realty
List Price
$48,000,000
Sold Price
$33,000,000
Premium/Discount to List
-$15,000,000
-31.25%
Current Estimated Value
$8,664,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,336,000
Avg. Annual Appreciation
-23.10%

Purchase Details

Listed on
May 31, 2012
Closed on
Dec 10, 2012
Sold by
Lovell Warren W and Lovell Leslie K
Bought by
Perez Martiniano J and Perez Sofia
Seller's Agent
Rafael Arias
One Sotheby's International Re
Buyer's Agent
Judith Zeder
Coldwell Banker Realty
List Price
$14,995,000
Sold Price
$12,400,000
Premium/Discount to List
-$2,595,000
-17.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.41%
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
Toledo Custedio Fernando -- Attorney
Perez Martiniano J $124,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Toledo Custodio Fernando $20,000,000
Previous Owner Perez Martiniano J $2,000,000
Previous Owner Perez Martiniano J $8,000,000
Previous Owner Perez Martiniano J $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2020 09/24/20 Sold $33,000,000 -31.3% $3,086 / Sq Ft
09/02/2020 09/02/20 Pending -- -- --
10/09/2019 10/09/19 For Sale $48,000,000 +287.1% $4,488 / Sq Ft
12/14/2012 12/14/12 Sold $12,400,000 -17.3% $2,242 / Sq Ft
05/31/2012 05/31/12 For Sale $14,995,000 -- $2,712 / 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 $599,159 $35,801,567 -- --
2024 $578,465 $31,261,516 -- --
2023 $578,465 $28,419,560 $0 $0
2022 $505,683 $27,633,964 $14,756,000 $12,877,964
2021 $475,854 $25,286,693 $12,276,000 $13,010,693
2020 $332,647 $19,563,722 $11,718,000 $7,845,722
2019 $281,648 $14,886,159 $11,718,000 $3,168,159
2018 $216,483 $11,718,000 $11,718,000 $0
2017 $216,230 $11,457,600 $0 $0
2016 $198,889 $10,416,000 $0 $0
2015 $193,033 $9,920,000 $0 $0
2014 $183,745 $9,238,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10734620

MIAMI REALTORS® MLS

APN: 03-5105-002-0490