NOT LISTED FOR SALE

Estimated Value: $5,603,000 - $11,934,882

5 Beds
6.5 Baths
9,219 Sq Ft
$968/Sq Ft Est. Value

Last Sold September 17, 2018

Last sale price $12,437,500 $1,349 Per Sq Ft

Est. 28% decrease in value since last sale

Current estimated payment $65,660/month

120 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • Heated In Ground Pool
  • Coconut Grove Elementary School Rated A
  • Property Fronts a Bay or Harbor
  • Sitting Area In Primary Bedroom

About This Home

As of September 2018

Located in the prestigious community of Hughes Cove, the masterfully designed Italian-inspired European villa emanates an ethereal energy. With over 4,500 SF of covered terraces, each floor delivers astonishing views from South Bay to Downtown, Coconut Grove Harbor and Key Biscayne. The ground floor reflects living on an island with approximately 376 ft. of waterfront. The floor was custom built as part of a hotel in Buenos Aires with a 19th century French hotel-style lobby featuring Italian terrazzo floors. The second floor reflects being on the deck of a ship overlooking open water. The third floor is reminiscent of being in an airplane looking across the water to the horizon. Every detail of the home was carefully selected and quality crafted with no-expense-spared finishes throughout.

Last Agent to Sell the Property

Judith Zeder

Coldwell Banker Realty License #0650944 Listed on: 04/25/2018

Coldwell Banker Realty

Co-Listed By

Nathan Zeder

Coldwell Banker Realty License #3058239

Last Buyer's Agent

Sid Sidan

Douglas Elliman License #3326858

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $127,393

Year Built

  • Built in 2004

Lot Details

  • 0.37 Acre Lot
  • 376 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • Northwest Facing Home
  • Property is zoned 0100

HOA Fees

  • $1,804 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • 1 Attached Carport Space
  • Automatic Garage Door Opener
  • Driveway
  • Paver Block
  • Open Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 9,219 Sq Ft Home
  • Built-In Features
  • Fireplace
  • French Doors
  • Family Room
  • Formal Dining Room
  • Den
  • Bay Views

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Parquet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom Upstairs
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door

Outdoor Features

  • Heated In Ground Pool
  • Property has ocean access
  • One Fixed Bridge
  • Private Dock
  • Balcony
  • Exterior Lighting
  • Outdoor Grill

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-41-21-158-0040

Community Details

Overview

  • Hughes Cove Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$127,393

Year Built

Built in 2004

Lot Details

0

HOA Fees

$1,804 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Three Or More Stories
  • Carport Y N: Yes
  • Co List Office Mls Id: EWM 01
  • Co List Office Phone: 305-960-2400
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock, Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: HUGHES COVE
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Other Equipment/Appliances, Gas Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Second Floor Entry, Built-in Features, Elevator, French Doors, Other, Pantry, Den/Library/Office, Family Room, Utility Room/Laundry
  • Spa Yn: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: High Impact Doors, French Doors
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble, Other, Parquet
  • Furnished: Unfurnished
  • Living Area: 9219
  • Other Equipment: Automatic Garage Door Opener, Elevator
  • Possible Use: Unknown/Withheld
  • Window Features: High Impact Windows
  • Bedroom Features: Sitting Area - Primary Bedroom, Primary Bedroom Upstairs, Other
  • Dining Room Features: Eat-In Kitchen, Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Other, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Other
  • View: Bay, Water
  • Exterior Features: Barbeque, Lighting, Open Balcony, Other
  • Construction Type: CBS Construction
  • Direction Faces: Northwest
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Open Balcony
  • Pool Features: In Ground, Heated
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, One Fixed Bridge, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: HUGHES COVE
  • Carport Spaces: 1
  • Covered Parking Spaces: 5
  • Garage Spaces: 4
  • Open Parking: Yes
  • Parking Features: Attached Carport, Covered, 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
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association Fee: 1804
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Gated Community
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 01-41-21-158-0040
  • Lot Size Sq Ft: 16186
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 127393

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2018
Closed on
Sep 17, 2018
Sold by
Edison Lewis S and Edison Margaret S
Bought by
Nunberg Jeffrey S and Nunberg Nadine R
Seller's Agent
Judith Zeder
Coldwell Banker Realty
Buyer's Agent
Sid Sidan
Douglas Elliman
List Price
$18,500,000
Sold Price
$12,437,500
Premium/Discount to List
-$6,062,500
-32.77%
Current Estimated Value
$8,925,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,511,873
Avg. Annual Appreciation
-4.55%

Purchase Details

Closed on
Jul 1, 1999
Sold by
Yanowitch Peter J
Bought by
Howglo Inc

Purchase Details

Closed on
Dec 16, 1997
Sold by
Blumberg Lee D
Bought by
Yanowitch Peter

Purchase Details

Closed on
Dec 10, 1997
Sold by
David and Blumberg Lee D
Bought by
Blumberg Lee D

Purchase Details

Closed on
May 2, 1994
Sold by
Howglo Inc
Bought by
Blumberg David and Blumberg Lee Dickens

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
8.07%
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
Nunberg Jeffrey S $12,437,500 Attorney
Howglo Inc $2,370,000 --
Yanowitch Peter $2,000,000 --
Blumberg Lee D $100 --
Blumberg David $1,700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blumberg David $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2018 09/17/18 Sold $12,437,500 -32.8% $1,349 / Sq Ft
08/23/2018 08/23/18 Pending -- -- --
04/25/2018 04/25/18 For Sale $18,500,000 -- $2,007 / 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 $202,866 $10,443,603 -- --
2024 $201,742 $10,149,275 -- --
2023 $201,742 $9,837,452 $0 $0
2022 $196,408 $9,608,601 $0 $0
2021 $194,598 $9,141,138 $5,665,100 $3,476,038
2020 $199,533 $9,350,728 $5,665,100 $3,685,628
2019 $200,910 $9,394,080 $5,665,100 $3,728,980
2018 $128,976 $6,181,568 $0 $0
2017 $127,393 $6,037,405 $0 $0
2016 $128,532 $5,913,228 $0 $0
2015 $130,026 $5,872,124 $0 $0
2014 $131,560 $5,825,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10458544

MIAMI REALTORS® MLS

APN: 01-4121-158-0040