NOT LISTED FOR SALE

Estimated Value: $8,403,000 - $18,303,000

5 Beds
4 Baths
4,382 Sq Ft
$3,047/Sq Ft Est. Value

Last Sold November 01, 2016

Last sale price $7,755,000 $1,770 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $89,044/month

170 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • Home fronts a lagoon or estuary
  • Sunset Elementary School Rated A
  • In Ground Pool
  • Lagoon View

About This Home

As of November 2016

Boasting 370 feet of sweeping waterfront views, this amazing one-of-a-kind rare corner lot is located in the coveted gated community of Gables Estates. Direct ocean access with no bridges and a deep boat basin, this lot is perfect for parking the grandest of yachts. Incredible opportunity to build your dream home in this highly sought after community.

Last Agent to Sell the Property

Judith Zeder

Coldwell Banker Realty License #0650944 Listed on: 02/05/2016

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: 02/05/2016

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $88,398

Year Built

  • Built in 1967

Lot Details

  • 0.9 Acre Lot
  • 370 Ft Wide Lot
  • Home fronts a lagoon or estuary
  • Home fronts a canal
  • East Facing Home
  • Property is zoned R-16

Property Views

  • Lagoon
  • Canal

Home Design

  • 4,382 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Private Dock

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • Gables Estates 03 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03-51-05-002-0320

Home Details

Home Type

Single Family

Est. Annual Taxes

$88,398

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1967
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Other
  • Co List Office Mls Id: EWM 01
  • Co List Office Phone: 305-960-2400
  • Garage Yn: No
  • Horses: No
  • Inclusions: Private Dock,Unrestricted Salt Water Access
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: Gables Estates 03
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: Other
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 4382
  • Possible Use: Unknown/Withheld
  • Bedroom Features: Other
  • Living Room Features: Other

Exterior Features

  • Roof: Other
  • View: Canal, Lagoon
  • Exterior Features: Other
  • Construction Type: Other
  • Direction Faces: East
  • Lot Features: 3/4 To Less Than 1 Acre Lot
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Front, Lagoon
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Gables Estates 03
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Other

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 03-51-05-002-0320
  • Lot Size Sq Ft: 39204
  • Zoning: R-16
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 88398

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2016
Closed on
Sep 27, 2016
Sold by
Pearl Michael E and Pearl Robert C
Bought by
Cervera Javier and Cervera Jennifer
Seller's Agent
Judith Zeder
Coldwell Banker Realty
Buyer's Agent
Judith Zeder
Coldwell Banker Realty
List Price
$8,950,000
Sold Price
$7,755,000
Premium/Discount to List
-$1,195,000
-13.35%
Current Estimated Value
$13,806,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,051,000
Avg. Annual Appreciation
6.26%
Original Mortgage
$4,000,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 11, 1995
Sold by
Paeral Theresa
Bought by
Pearl Theresa
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
Cervera Javier $7,755,000 Attorney
Pearl Theresa -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cervera Javier $6,000,000
Closed Cervera Javier $6,000,000
Open Cervera Javier $15,000,000
Closed Cervera Javier $4,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2016 11/01/16 Sold $7,755,000 -7.1% $1,770 / Sq Ft
07/25/2016 07/25/16 Pending -- -- --
06/14/2016 06/14/16 Price Changed $8,350,000 -2.9% $1,906 / Sq Ft
04/13/2016 04/13/16 Price Changed $8,595,000 -4.0% $1,961 / Sq Ft
02/05/2016 02/05/16 For Sale $8,950,000 -- $2,042 / 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 $165,822 $9,412,376 -- --
2024 $161,906 $9,147,110 -- --
2023 $161,906 $8,880,690 $0 $0
2022 $184,333 $10,111,782 $6,586,272 $3,525,510
2021 $103,341 $5,488,560 $5,488,560 $0
2020 $97,055 $5,096,520 $5,096,520 $0
2019 $97,297 $5,096,520 $5,096,520 $0
2018 $103,100 $5,528,956 $5,096,520 $432,436
2017 $114,605 $6,120,564 $0 $0
2016 $100,166 $4,993,106 $0 $0
2015 $88,398 $4,539,188 $0 $0
2014 $31,578 $1,625,190 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10029304

MIAMI REALTORS® MLS

APN: 03-5105-002-0320