NOT LISTED FOR SALE

Estimated Value: $8,432,000 - $19,267,685

8 Beds
9 Baths
9,180 Sq Ft
$1,484/Sq Ft Est. Value

Last Sold July 02, 2014

Last sale price $8,500,000 $926 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $87,903/month

186 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • In Ground Pool
  • Sunset Elementary School Rated A
  • Boat Lift
  • 1-minute walk to Leucadendra Park

About This Home

As of July 2014

Fabulous Mediterranean Estate in exclusive Gables Estates. 8 large bedrooms, 7baths and 2half baths fill this grand estate. Large living and great family spaces perfect for entertaining! Great finishes including gourmet kitchen, marble and wood floors and great built-ins. Large 47,000sq foot lot with plenty of green space. 240ft on the water and no bridges to bay.

Last Agent to Sell the Property

Saddy Delgado

One Sotheby's International Realty License #0430423 Listed on: 10/22/2013

One Sotheby's International Realty

Co-Listed By

Mayi de la Vega

One Sotheby's International Re License #0316212

Last Buyer's Agent

Michael Martinez

One Sotheby's International Realty License #0694150

One Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $130,733

Year Built

  • Built in 2004

Lot Details

  • 1.1 Acre Lot
  • 240 Ft Wide Lot
  • Waterfront
  • South Facing Home
  • Fenced
  • Property is zoned 10/S FM

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Converted Garage
  • Driveway
  • Open Parking

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 9,180 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Awning
  • French Doors
  • Entrance Foyer
  • Formal Dining Room
  • Den
  • Water Views
  • Impact Glass

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Cooking Island
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Boat Lift
  • Private Dock
  • Exterior Lighting
  • Porch

Schools

  • Sunset Elementary School
  • Ponce De Leon Middle School
  • Coral Gables High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 03-41-32-019-0760

Community Details

Overview

  • Club Membership Required
  • 32 54 41 Gables Estates N Subdivision
  • Mandatory home owners association

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$130,733

Year Built

Built in 2004

Lot Details

0

HOA Fees

$500 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story, Mediterranean
  • Directions: OLD CUTLER TO KENDALL DRIVE. GABLES ESTATES ENTRANCE AND SECURITY GATE IS ON THE EAST SIDE OF THE INTERSECTION. GUARD WILL DIRECT YOU TO THE PROPERTY.
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlift,Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: 32 54 41 GABLES ESTATES N
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Gas Range, Refrigerator, Wall Oven
  • Interior Amenities: First Floor Entry, Built-in Features, Cooking Island, Entrance Foyer, French Doors, Volume Ceilings, Walk-In Closet(s), Den/Library/Office, Family Room, Garage Converted, Separate Guest/In-Law Quarters, Maid/In-Law Quarters, Utility Room/Laundry
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Total Bedrooms: 8
  • Door Features: French Doors
  • Entry Location: Foyer
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 9180
  • Possible Use: Unknown/Withheld
  • Window Features: Impact Glass
  • Bedroom Features: Primary Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Family/Dining Combination, Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Garage Converted, Separate Guest/In-Law Quarters, Maid/In-Law Quarters, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Barrel Roof
  • View: Water
  • Exterior Features: Lighting
  • Construction Type: Other
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: 1 To Less Than 2 Acre Lot
  • Patio And Porch Features: Awning(s), Open Porch, Screened Porch
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, No Fixed Bridges, Seawall
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: 32 54 41 GABLES ESTATES N
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association Fee: 6000
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Gated Community, Mandatory Hoa, Security Patrol
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: Sunset
  • High School: Coral Gables
  • Middle Or Junior School: Ponce De Leon

Lot Info

  • Parcel Number: 03-41-32-019-0760
  • Lot Size Sq Ft: 48000
  • Zoning: 10/S FM
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 130733

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2013
Closed on
Jun 30, 2014
Sold by
200 Leucadendra Llc
Bought by
Martinez Fabian J and Martinez Marta I
Seller's Agent
Saddy Delgado
One Sotheby's International Realty
Buyer's Agent
Michael Martinez
One Sotheby's International Realty
List Price
$8,900,000
Sold Price
$8,500,000
Premium/Discount to List
-$400,000
-4.49%
Current Estimated Value
$13,626,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,126,895
Avg. Annual Appreciation
4.32%
Original Mortgage
$8,000,000
Interest Rate
4.2%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jan 17, 2012
Closed on
Dec 21, 2012
Sold by
Montoya Gabriel E and Hernandez Eduardo
Bought by
200 Leucadendra Llc
Seller's Agent
Liz Hogan
Compass Florida, LLC
Buyer's Agent
Liz Hogan
Compass Florida, LLC
List Price
$9,995,000
Sold Price
$7,500,000
Premium/Discount to List
-$2,495,000
-24.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.52%
Original Mortgage
$15,000,000
Interest Rate
3.38%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 22, 2004
Sold by
Dimond Development Iv Llc
Bought by
Jensen Joan Burton and Keon William T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000,000
Interest Rate
5.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 19, 2002
Sold by
Mario Ruiz M and Mario Marilyn Ruiz
Bought by
Dimond Dev Iv Llc

Purchase Details

Closed on
Jan 23, 2001
Sold by
Murphy Linda F
Bought by
Ruiz Mario and Ruiz Marilyn

Purchase Details

Closed on
Apr 21, 1995
Sold by
Estevez Linda F
Bought by
Murphy Linda F
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
Martinez Fabian J $8,500,000 Attorney
200 Leucadendra Llc $7,500,000 Real Property Title Group
Jensen Joan Burton $7,500,000 Prominent Title Insurance Ag
Dimond Dev Iv Llc $3,300,000 --
Ruiz Mario $2,525,000 --
Murphy Linda F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Fabian J $6,000,000
Closed Martinez Fabian J $8,000,000
Previous Owner 200 Leucadendra Llc $15,000,000
Previous Owner Jensen Joan Burton $6,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2014 07/02/14 Sold $8,500,000 -4.5% $926 / Sq Ft
04/27/2014 04/27/14 Pending -- -- --
10/22/2013 10/22/13 For Sale $8,900,000 +18.7% $969 / Sq Ft
12/21/2012 12/21/12 Sold $7,500,000 -25.0% $845 / Sq Ft
01/17/2012 01/17/12 For Sale $9,995,000 -- $1,126 / 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 $157,846 $9,283,270 -- --
2024 $154,117 $8,708,870 -- --
2023 $154,117 $8,455,214 $0 $0
2022 $149,517 $8,208,946 $0 $0
2021 $149,262 $7,969,851 $0 $0
2020 $147,597 $7,859,814 $6,240,000 $1,619,814
2019 $148,335 $7,878,869 $6,240,000 $1,638,869
2018 $145,224 $7,897,924 $6,240,000 $1,657,924
2017 $150,227 $8,064,801 $0 $0
2016 $150,125 $7,898,924 $0 $0
2015 $135,963 $6,983,550 $0 $0
2014 $134,469 $6,759,611 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1859580

MIAMI REALTORS® MLS

APN: 03-4132-019-0760