NOT LISTED FOR SALE

Estimated Value: $7,466,000

9 Beds
13 Baths
9,963 Sq Ft
$749/Sq Ft Est. Value

Sale Details

Date Sold: June 5, 2020

Last sale price $37,500,000 $3,764 Per Sq Ft

Current estimated payment $48,299 / mo

185 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • Boat Lift
  • Sunset Elementary School Rated A
  • Up to 100-Foot Boat
  • Property Fronts a Bay or Harbor

About This Home

As of June 2020

A once in a lifetime opportunity to purchase the largest parcel of land situated within the secure gates of Gables Estates. The properties consist of 4.5 acres with 630 feet of combined water frontage over 2 lots. The main residence is a 3.3 acre property with 450’ of direct bay frontage. Enjoy expansive views of the bay out to Key Biscayne, South Beach and the Downtown Miami Skyline. Directly across the private street, sits an additional 1 acre waterfront lot, with 180’ of seawall - the perfect set up for yachters. This lot includes a tennis court, 2 boat lifts, and plenty of storage for water toys. An additional 1.25 acre abutting waterfront vacant lot can be purchased with the sale for over 5.5 total acres — making this the largest privately owned property in all of Gables Estates.

Last Agent to Sell the Property

Liz Hogan

Compass Florida, LLC License #3045004 Listed on: 11/22/2019

Compass Florida, LLC

Last Buyer's Agent

Judith Zeder

Coldwell Banker Realty License #0650944

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1958

Lot Details

  • 4.31 Acre Lot
  • 630 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • East Facing Home
  • Fenced
  • Property is zoned 0100

HOA Fees

  • $1,250 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Garage Apartment
  • Automatic Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 9,963 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bar
  • French Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Sun or Florida Room
  • Wood Flooring
  • Bay Views
  • Complete Panel Shutters or Awnings

Kitchen

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

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Two Primary Bathrooms
  • Maid or Guest Quarters

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Boat Lift
  • Up to 100-Foot Boat
  • Private Dock
  • Porch

Schools

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

Utilities

  • Cooling Available
  • Heating Available
  • Well
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 03-41-32-019-0350

Community Details

Overview

  • Club Membership Required
  • Gables Estates No 2,Gables Estates Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1958

Lot Details

4.31 Acres

HOA Fees

$1,250 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 1958
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Directions: Old Cutler Road to Gables Estates North Entrance. Drive to 2nd to last home on the left.
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlift,Private Dock, Electric Available,Lift,Private Dock,Up to 100 Ft Boat
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: GABLES ESTATES NO 2,Gables Estates
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Gas Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Bar, Built-in Features, Cooking Island, Entrance Foyer, French Doors, Den/Library/Office, Family Room, Florida Room, Garage Apartment, Maid/In-Law Quarters
  • Spa Yn: No
  • Full Bathrooms: 11
  • Half Bathrooms: 2
  • Total Bedrooms: 9
  • Door Features: French Doors
  • Entry Location: Foyer
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 9963
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Unknown/Withheld
  • Window Features: Complete Panel Shutters/Awnings
  • Bedroom Features: At Least 1 Bedroom Ground Level, Sitting Area - Master Bedroom, Master Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Florida Room, Garage Apartment, Maid/In-Law Quarters
  • Master Bathroom Features: 2 Master Bathrooms

Exterior Features

  • Roof: Flat Tile
  • View: Bay
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: 4 To Less Than 5 Acre Lot
  • Patio And Porch Features: Open Porch
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: GABLES ESTATES NO 2
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Well
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 15000
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Gated Community
  • 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: 03-41-32-019-0350
  • Lot Size Sq Ft: 187671
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Tax Info

  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2019
Closed on
Jun 5, 2020
Sold by
1947 Dempsey Investments Llc
Bought by
One Casuarina Lp
Seller's Agent
Liz Hogan
Compass Florida, LLC
Buyer's Agent
Judith Zeder
Coldwell Banker Realty
List Price
$49,900,000
Sold Price
$37,500,000
Premium/Discount to List
-$12,400,000
-24.85%
Current Estimated Value
$7,466,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,034,000
Avg. Annual Appreciation
-24.04%
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
One Casuarina Lp -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2020 06/05/20 Sold $37,500,000 -24.8% $3,764 / Sq Ft
11/22/2019 11/22/19 For Sale $49,900,000 -- $5,009 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $711,653 $34,083,461 -- --
2024 $621,029 $30,984,965 -- --
2023 $621,029 $28,166,815 $0 $0
2022 $477,137 $25,725,415 $0 $0
2021 $438,066 $23,386,741 $23,243,360 $143,381
2020 $469,326 $24,871,654 $23,243,360 $1,628,294
2019 $470,571 $24,873,955 $23,243,360 $1,630,595
2018 $442,966 $24,876,256 $23,243,360 $1,632,896
2017 $423,965 $21,323,500 $0 $0
2016 $428,406 $21,632,223 $0 $0
2015 $405,719 $19,665,658 $0 $0
2014 $356,399 $17,877,871 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10776984

MIAMI REALTORS® MLS

APN: 03-4132-019-0350

Your Personal Tour Guide

Ask me questions while you tour the home.