NOT LISTED FOR SALE

Estimated Value: $8,602,000

5 Beds
8 Baths
12,856 Sq Ft
$669/Sq Ft Est. Value

Last Sold March 30, 2012

Last sale price $16,750,000 $1,303 Per Sq Ft

Est. 49% decrease in value since last sale

Current estimated payment $56,199/month

431 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • Home Theater
  • Sunset Elementary School Rated A
  • Property Fronts a Bay or Harbor
  • In Ground Pool

About This Home

As of March 2012

Spectacular secluded 2+/- acre estate on approx 900 linear feet of water directly overlooking Biscayne Bay. This stately European villa features state-of-the-art media room, 800 bottle wine cellar, expansive outdoor entertaining areas with a magnificent p ool featuring an aqua bar, tranquil rolling lawns with ponds & fountains abounding throughout the bricked path encompassing the manicured gardens. A private sandy beach, protected dockage & direct access to the bay complete this unique offering.

Last Agent to Sell the Property

Audrey Ross, Ph.D

Compass Florida LLC License #3391913 Listed on: 10/28/2010

Compass Florida LLC

Last Buyer's Agent

Dennis Carvajal

One Sotheby's International Realty License #3034699

One Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $268,399

Year Built

  • Built in 1991

Lot Details

  • 1.84 Acre Lot
  • 900 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • Home fronts a canal
  • North Facing Home
  • Property is zoned 14/S FM

HOA Fees

  • $500 Monthly HOA Fees

Parking

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

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 12,856 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Built-In Features
  • Vaulted Ceiling
  • Fireplace
  • Plantation Shutters
  • Blinds
  • Bay Window
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Recreation Room
  • Sauna
  • Clay Flooring
  • Bay Views
  • Intercom Access

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Two Primary Bathrooms
  • 8 Full Bathrooms
  • Bidet
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • In Ground Pool
  • Free Form Pool

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Boat Hoist or Davit
  • Private Dock
  • Patio
  • Exterior Lighting
  • Outdoor Grill
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 03-51-05-002-0460

Community Details

Overview

  • Club Membership Required
  • Gables Estates Subdivision

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$268,399

Year Built

Built in 1991

Lot Details

0

HOA Fees

$500 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1991
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story, Mediterranean
  • Directions: APPROVAL BY GABLES ESTATES CLUB A PRE-REQUISITE TO PURCHASE - $75,000 APPLICATION FEE
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boat Hoists/Davits,Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: GABLES ESTATES
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Gas Range, Wall Oven, Washer
  • Interior Amenities: Bar, Built-in Features, Elevator, Entrance Foyer, Volume Ceilings, Walk-In Closet(s), Den/Library/Office, Family Room, Garage Converted, Media Room, Recreation Room, Sauna
  • Spa Yn: Yes
  • Full Bathrooms: 8
  • Total Bedrooms: 5
  • Entry Location: Foyer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Clay
  • Furnished: Unfurnished
  • Living Area: 12856
  • Other Equipment: Satellite Dish, Automatic Garage Door Opener, Central Vacuum, Elevator, Intercom
  • Window Features: Bay Window(s), Blinds, Plantation Shutters
  • Bedroom Features: Primary Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Garage Converted, Media Room, Recreation Room, Sauna
  • Master Bathroom Features: 2 Primary Bathrooms, Bidet, Separate Tub & Shower

Exterior Features

  • Roof: Barrel Roof
  • View: Bay
  • Exterior Features: Built-In Grill, Fruit Trees, Lighting
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Lot Features: 1 To Less Than 2 Acre Lot
  • Patio And Porch Features: Open Porch, Patio, Wrap Around
  • Pool Features: In Ground, Free Form
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Front, No Fixed Bridges, Seawall
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: GABLES ESTATES
  • 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: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 6000
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Gated Community, Public Road, Security Patrol
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 03-51-05-002-0460
  • Lot Size Sq Ft: 80150
  • Zoning: 14/S FM
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 268399

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2018
Sold by
180 Arvida Llc
Bought by
180 Arvida Llc
Current Estimated Value
$8,602,000

Purchase Details

Listed on
Oct 28, 2010
Closed on
Mar 29, 2012
Sold by
Riley Patrick J and Riley Christine
Bought by
180 Arvida Llc
Seller's Agent
Audrey Ross, Ph.D
Compass Florida LLC
Buyer's Agent
Dennis Carvajal
One Sotheby's International Realty
List Price
$16,750,000
Sold Price
$16,750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.04%

Purchase Details

Closed on
Apr 2, 1996
Sold by
Kurstin Joseph Kurstin M and Kurstin Elena Fonte
Bought by
Riley Patrick J and Riley Christine
Source: Public Records

Range of Values:

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Average Value
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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
180 Arvida Llc -- None Available
180 Arvida Llc $1,675,000 Attorney
Riley Patrick J $6,300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Riley Patrick J $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2012 03/30/12 Sold $16,750,000 0.0% $1,303 / Sq Ft
01/03/2012 01/03/12 Pending -- -- --
10/28/2010 10/28/10 For Sale $16,750,000 -- $1,303 / 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 $384,405 $21,769,176 -- --
2024 $375,351 $21,155,662 -- --
2023 $375,351 $20,539,478 $0 $0
2022 $364,181 $19,941,241 $0 $0
2021 $363,583 $19,360,429 $0 $0
2020 $359,537 $19,093,126 $0 $0
2019 $352,337 $18,663,858 $0 $0
2018 $287,260 $15,549,100 $15,549,100 $0
2017 $287,498 $15,252,545 $0 $0
2016 $264,835 $13,865,950 $0 $0
2015 $257,410 $13,224,750 $0 $0
2014 $259,825 $13,064,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: M1435999

MIAMI REALTORS® MLS

APN: 03-5105-002-0460