NOT LISTED FOR SALE

Estimated Value: $6,578,000 - $9,868,031

4 Beds
6 Baths
9,849 Sq Ft
$863/Sq Ft Est. Value

Last Sold December 17, 2020

Last sale price $7,725,000 $784 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $56,136/month

423 Days on Market

Highlights

  • 80 Feet of Waterfront
  • Bay View
  • Vaulted Ceiling
  • Coconut Grove Elementary School Rated A
  • Sitting Area In Primary Bedroom
  • Balcony

About This Home

As of December 2020

Sophisticated living in Coconut Grove s blissfully tranquil, waterfront gated community of Hughes Cove. Breathtaking inside-outside living spaces with sleek design and luxurious finishes, which are enhanced by heavenly views of the bay and its sparkling water. The 3-story residence s main floor comes with an office, living room with wet bar, custom marble countertops, kitchen with large island and state-of-the-art appliances. Custom staircase leads to the upper floor, where sliding glass doors open to the spacious terrace off the master suite. Waterfront patio offers an array of dining and lounging options, a delightful swimming pool with waterfall and sun deck. Residence also features an elevator that goes to all floors, and spacious 7-car garage for car enthusiasts.

Last Agent to Sell the Property

Judith Zeder

Coldwell Banker Realty License #0650944 Listed on: 07/18/2019

Coldwell Banker Realty

Co-Listed By

Nathan Zeder

Coldwell Banker Realty License #3058239

Last Buyer's Agent

Anthony Askowitz

RE/MAX Advance Realty License #3105345

RE/MAX Advance Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $122,021

Year Built

  • Built in 2003

Lot Details

  • 80 Feet of Waterfront
  • Sprinkler System

HOA Fees

  • $1,233 per month

Parking

  • Attached Garage

Property Views

  • Bay
  • Pool

Interior Spaces

  • 9,849 Sq Ft Home
  • Wet Bar
  • Built-In Features
  • Vaulted Ceiling
  • Entrance Foyer
  • High Impact Door

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Walk-In Closet

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Balcony
  • Patio
  • Exterior Lighting

Community Details

  • $1,233 Membership Fee
  • Association fees include maintenance incl common area, maintenance incl security

Listing and Financial Details

  • Assessor Parcel Number 01-41-21-158-0050

Home Details

Home Type

Single Family

Est. Annual Taxes

$122,021

Year Built

Built in 2003

Lot Details

0

HOA Fees

$1,233 per month

Parking

7

Listing Details

  • Internet Remarks: Sophisticated living in Coconut Grove s blissfully tranquil, waterfront gated community of Hughes Cove.
  • Municipal Code: 1
  • Property Type: Single Family
  • Restrictions: Assoc Approval Required
  • Section: 21
  • Year Built: 2003
  • Property Sq Ft: 13922
  • Year Built Description: Resale
  • Zoning Information: 0100
  • Flood Zone: VE
  • Furnished Info Sold: Unfurnished
  • Intended Use: Unknown/Withheld
  • Lp Amt Sq Ft: 1293.8027
  • Ratio Close Price By List Price: 0.96865
  • Style: Wf/Pool/Ocean Access
  • Website: https://www.jillszeder.com/-mls-listing/A10697615.htm
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Front Exposure: North West
  • Bedroom Description: Sitting Area - Master Bedroom, Master Bedroom Upstairs
  • Primary Bathroom Description: Bidet, Dual Sinks, Separate Tub & Shower
  • Dining Description: Breakfast Area, Eat-In Kitchen, Formal Dining
  • Interior Amenities: First Floor Entry, Second Floor Entry, Built-Ins, Closet Cabinetry, Elevator, Foyer Entry, Volume Ceilings, Walk-In Closets, Wet Bar
  • Windows Treatments: High Impact Windows, Plantation Shutters, Sliding
  • Design: Detached
  • Adjusted Area Sq Ft: 7612
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bathrooms: 6.00
  • Total Bedrooms: 4
  • Cable Available Yn: Yes
  • Design Description: Three Or More Stories
  • Appliances: Central Vacuum, Dishwasher, Disposal, Dryer, Elevator, Icemaker, Gas Range, Refrigerator, Self Cleaning Oven, Washer
  • Pool: Yes
  • Sq Ft Liv Area: 5659
  • Total Sq Ft: 9849

Exterior Features

  • View: Bay, Pool Area View, Water View
  • Pool: Below Ground Pool, Heated
  • Waterfront Description: Bay Front
  • Waterfront Frontage: 80
  • Construction Type: Cbs Construction
  • Roof Description: Flat Tile Roof
  • Waterfront Property: Yes
  • Exterior Features: High Impact Doors, Exterior Lighting, Open Balcony, Patio
  • Sprinkler Description: Auto Sprinkler

Garage/Parking

  • Garage Description: Attached
  • Parking Description: Covered Parking, Driveway, Guest Parking, Pavers
  • Garage Spaces: 7

Utilities

  • Sewer Description: Municipal Sewer
  • Cooling Description: Central Cooling, Electric Cooling, Paddle Fans
  • Heating Description: Central Heat
  • Water Description: Municipal Water

Condo/Co-op/Association

  • Membership Purchase Fee: 1233
  • Floor Description: Carpeted Floors, Marble Floors
  • Subdivision Complex Bldg: HUGHES COVE
  • Housing Older Persons Act: Unverified
  • Association Fee: 1233
  • Subdivision Information: Gated Community
  • Association Fee Paid Per: Monthly
  • Type of Association: Homeowners

Fee Information

  • Maintenance Includes: Maintenance Incl Common Area, Maintenance Incl Security

Lot Info

  • Lot Description: 1/4 To Less Than 1/2 Acre Lot
  • Parcel Number: 01-41-21-158-0050
  • Lot Sq Footage: 13922
  • Parcel Number Mlx: 0050

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Information: Tax Reflects Homestead Tax, Tax Reflects Other Tax Exemption
  • Tax Amount: 106846
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2019
Closed on
Dec 8, 2020
Sold by
Lipman Barbara S and Lipman David M
Bought by
Reamer Jeffrey S and Reamer Susan L
Seller's Agent
Judith Zeder
Coldwell Banker Realty
Buyer's Agent
Anthony Askowitz
RE/MAX Advance Realty
List Price
$9,450,000
Sold Price
$7,725,000
Premium/Discount to List
-$1,725,000
-18.25%
Current Estimated Value
$8,504,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$779,344
Avg. Annual Appreciation
1.98%

Purchase Details

Closed on
Nov 19, 2001
Sold by
Howglo Inc C
Bought by
Lipman David M and Lipman Barbara S

Purchase Details

Closed on
Dec 10, 1997
Sold by
David and Blumberg Lee D
Bought by
Blumberg Lee D
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
Reamer Jeffrey S $7,725,000 Attorney
Lipman David M $1,500,000 --
Blumberg Lee D $100 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2020 12/17/20 Sold $7,725,000 -3.1% $784 / Sq Ft
09/13/2020 09/13/20 Pending -- -- --
03/04/2020 03/04/20 Price Changed $7,975,000 -10.1% $810 / Sq Ft
02/13/2020 02/13/20 Price Changed $8,875,000 -6.1% $901 / Sq Ft
07/18/2019 07/18/19 For Sale $9,450,000 -- $959 / 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 $122,021 $6,291,023 -- --
2024 $121,535 $6,113,725 -- --
2023 $121,535 $5,935,656 $0 $0
2022 $118,315 $5,762,773 $0 $0
2021 $118,366 $5,594,926 $0 $0
2020 $113,278 $5,342,472 $0 $0
2019 $110,970 $5,222,358 $0 $0
2018 $106,846 $5,124,984 $0 $0
2017 $105,831 $5,019,573 $0 $0
2016 $106,774 $4,916,331 $0 $0
2015 $108,014 $4,882,156 $0 $0
2014 $109,287 $4,843,409 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10697615

MIAMI REALTORS® MLS

APN: 01-4121-158-0050