$18,150,000
SOLD SEP 25, 2024

185 Solano Prado Coral Gables, FL 33156

Gables Estates Neighborhood
0.8 Acre
$22,687,500 Price per Acre
34,848 Sq Ft Lot

Recently Sold

$516 Per Sq Ft

9% Below List Price

262 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Sunset Elementary School Rated A
  • No HOA

About This Lot

As of September 2024

Rare opportunity to acquire a prime Bayfront property in Old Cutler Bay, one of the last vacant bay front 35,200 SF lot with 150FT of seawall with amazing views looking east towards Key Biscayne.
Come build your dream home.

Last Agent to Sell the Property

Antonio Mebarak

Fortune Christie's International Real Estate License #3304888 Listed on: 10/09/2023

Fortune Christie's International Real Estate

Last Buyer's Agent

Shana Willinsky Molina

44 Real Estate Group LLC License #3521594

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $141,240

Lot Details

  • 0.8 Acre Lot
  • Lot Dimensions are 150x220
  • Property Fronts a Bay or Harbor
  • North Facing Home
  • Property is zoned 0100

Property Views

  • Bay Views

Community Details

  • No Home Owners Association
  • Old Cutler Bay Sec Five Condos
  • Old Cutler Bay Sec Five Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03-51-05-010-0020

Property Details

Property Type

Land

Est. Annual Taxes

$141,240

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Road Frontage Type: Bay
  • Horses: No
  • Inclusions: Other
  • Lot Size Acres: 0.8
  • Lot Size: 150x220
  • New Construction: No
  • Road Frontage Type: City/County Maintained
  • Road Surface Type: Paved
  • Structure Type: Residential
  • Subdivision Name: OLD CUTLER BAY SEC FIVE
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Unknown/Withheld

Exterior Features

  • View: Bay View
  • Direction Faces: North
  • Lot Features: 3/4 To Less Than 1 Acre Lot, Other
  • Other Structures: Other Bldg Incl
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: OLD CUTLER BAY SEC FIVE

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 03-51-05-010-0020
  • Additional Parcels: No
  • Current Use: Residential, Other Usage
  • Development Status: Recorded Plat
  • Lot Size Sq Ft: 35200
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 141240

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2023
Closed on
Sep 23, 2024
Sold by
Sashimi Properties Llc and Sashimi Properties Inc
Bought by
Warshaw Paul and Warshaw Katelyn
Seller's Agent
Antonio Mebarak
Fortune Christie's International Real Estate
Buyer's Agent
Shana Willinsky Molina
44 Real Estate Group LLC
List Price
$19,990,000
Sold Price
$18,150,000
Premium/Discount to List
-$1,840,000
-9.2%
Views
102
Current Estimated Value
$10,944,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,205,375
Avg. Annual Appreciation
-54.70%

Purchase Details

Listed on
May 13, 2021
Closed on
Sep 6, 2022
Sold by
Brockway Patricia A
Bought by
Sashimi Properties Inc
Seller's Agent
George Bezold
Bezold Realty Corp
Buyer's Agent
Antonio Mebarak
Fortune Christie's International Real Estate
Sold Price
$16,000,000
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.34%

Purchase Details

Closed on
May 17, 2006
Sold by
Capital Realty Investments Inc
Bought by
Brockway John C and Brockway Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,700,000
Interest Rate
6.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 21, 2005
Sold by
Santos Defolgar Carmen Yolanda and Folgar Hildo
Bought by
Capital Realty Investments Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $18,150,000 None Listed On Document
Warranty Deed $18,150,000 None Listed On Document
Warranty Deed $16,000,000 --
Warranty Deed $7,200,000 Attorney
Warranty Deed $6,400,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $7,700,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2024 09/25/24 Sold $18,150,000 -9.2% $516 / Sq Ft
07/08/2024 07/08/24 Pending -- -- --
10/20/2023 10/20/23 For Sale $19,990,000 +24.9% $568 / Sq Ft
09/06/2022 09/06/22 Sold $16,000,000 -11.1% $455 / Sq Ft
07/13/2022 07/13/22 Price Changed $18,000,000 -9.1% $511 / Sq Ft
01/26/2022 01/26/22 For Sale -- -- --
01/20/2022 01/20/22 Pending -- -- --
05/05/2021 05/05/21 For Sale $19,799,000 -- $562 / 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
2024 $251,009 $14,949,792 -- --
2023 $251,009 $13,590,720 $13,590,720 $0
2022 $141,240 $7,240,640 $0 $0
2021 $126,047 $6,582,400 $6,582,400 $0
2020 $120,741 $6,283,200 $6,283,200 $0
2019 $121,045 $6,283,200 $6,283,200 $0
2018 $118,184 $6,283,200 $6,283,200 $0
2017 $119,076 $6,231,209 $0 $0
2016 $112,360 $5,664,736 $0 $0
2015 $106,258 $5,149,760 $0 $0
2014 $94,610 $4,681,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    Antonio Mebarak

    Fortune Christie's International Real Estate

    (305) 695-6070

    2 in this area

    7 Total Sales

    Antonio Mebarak
    Section Image

  • S

    Buyer's Agent in 2024

    Shana Willinsky Molina

    44 Real Estate Group LLC

    (305) 310-9277

    1 in this area

    2 Total Sales

    Shana Willinsky Molina
    Section Image

  • G

    Seller's Agent in 2022

    George Bezold

    Bezold Realty Corp

    (305) 301-6935

    1 in this area

    7 Total Sales

    George Bezold
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11466382

MIAMI REALTORS® MLS

APN: 03-5105-010-0020

Florida Miami/Dade County Coral Gables 33156 Gables Estates

185 Solano Prado, Coral Gables, FL

This home is located at 185 Solano Prado, Coral Gables, FL 33156 and is currently priced at $18,150,000, approximately $515 per square foot. 185 Solano Prado is a home located in Miami-Dade County with nearby schools including Sunset Elementary School, Ponce de Leon Middle School, and Coral Gables Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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