NOT LISTED FOR SALE

Estimated Value: $6,354,000 - $11,945,104

5 Beds
5.5 Baths
11,117 Sq Ft
$839/Sq Ft Est. Value

Sale Details

Date Sold: May 25, 2022

Last sale price $10,500,000 $944 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $72,029 / mo

49 Days on Market

Highlights

  • Property has ocean access
  • Deeded Boat Dock
  • Fitness Center
  • Coconut Grove Elementary School Rated A
  • Property Fronts a Bay or Harbor
  • Tennis Courts

About This Home

As of May 2022

Reminiscent of an Italian palazzo, this home with DEEDED DOCK is located in Hughes Cove, the most exclusive waterfront gated community in Coconut Grove. A huge portico with stunning gates and 24-hour security welcome you to 11 upscale homes, a private tennis court & park. Ascend the grand stairway to the property courtyard entrance that leads you to a magnificent home w/ 11,117 sq/ft of luxury living w/ the finest of finishes. The special features include a spectacular rooftop terrace overlooking Biscayne Bay, elevator, office, heated saltwater pool, expansive main bedroom w/ seating area, solarium, gas generator & private marina with deeded dock. This grand property is located next to Ransom Everglades and Carrolton Schools.

Last Agent to Sell the Property

Alba Biondi

BHHS EWM Realty License #3228451 Listed on: 02/04/2022

BHHS EWM Realty

Co-Listed By

Isabelle Andrews

BHHS EWM Realty License #3042478

Last Buyer's Agent

Erik Mendelson

Avanti Way Realty LLC License #3255239

Avanti Way Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $56,658

Year Built

  • Built in 2009

Lot Details

  • 17,150 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • South Facing Home
  • Fenced
  • Property is zoned 0100

HOA Fees

  • $2,006 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway
  • Guest Parking
  • On-Street Parking
  • Open Parking

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 11,117 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Blinds
  • Bay Window
  • Sliding Windows
  • French Doors
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Media Room
  • Den
  • Recreation Room
  • Storage Room
  • Tile Flooring
  • Bay Views
  • Intercom Access

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Two Primary Bathrooms
  • Maid or Guest Quarters
  • Bidet
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • Heated In Ground Pool
  • Fence Around Pool
  • Outdoor Shower
  • Pool Equipment Stays

Outdoor Features

  • Property has ocean access
  • Deeded Boat Dock
  • Tennis Courts
  • Balcony
  • Patio
  • Exterior Lighting

Schools

  • Coconut Grove Elementary School
  • Ponce De Leon Middle School
  • Coral Gables High School

Utilities

  • Zoned Heating and Cooling
  • Underground Utilities
  • Partial Permanent Generator
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 01-41-21-158-0160

Community Details

Overview

  • Hughes Cove Subdivision
  • Mandatory home owners association

Recreation

  • Fitness Center

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$56,658

Year Built

Built in 2009

Lot Details

0.39 Acres

HOA Fees

$2,006 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 2009
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Other
  • Co List Office Mls Id: EWM 01
  • Co List Office Phone: 305-960-2400
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: HUGHES COVE
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Gas Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Second Floor Entry, Built-in Features, Closet Cabinetry, Cooking Island, Elevator, Entrance Foyer, French Doors, Split Bedroom, Walk-In Closet(s), Den/Library/Office, Family Room, Great Room, Maid/In-Law Quarters, Media Room, Other, Recreation Room, Storage
  • Spa Yn: No
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Entry Location: Foyer
  • Flooring: Other, Tile
  • Furnished: Unfurnished
  • Living Area: 11117
  • Other Equipment: Partial Permanent Generator, Automatic Garage Door Opener, Elevator, Intercom
  • Possible Use: Unknown/Withheld
  • Window Features: Bay Window(s), Blinds, Sliding
  • Bedroom Features: At Least 1 Bedroom Ground Level, Sitting Area - Master Bedroom, Master Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Formal Dining, Kitchen Dining
  • Living Room Features: Den/Library/Office, Family Room, Great Room, Maid/In-Law Quarters, Media Room, Other, Recreation Room, Storage Room
  • Master Bathroom Features: 2 Master Bathrooms, Bidet, Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • Roof: Barrel Roof
  • View: Bay, Water
  • Exterior Features: Lighting, Open Balcony, Other, Outdoor Shower, Tennis Court(s)
  • Construction Type: CBS Construction, Other
  • Direction Faces: South
  • Disclosures: Disclosure
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Open Balcony, Patio
  • Pool Features: In Ground, Fenced, Equipment Stays, Heated
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: HUGHES COVE
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Open Parking: Yes
  • Parking Features: Driveway, Guest, On Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 2006
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Additional Amenities, Gated, Exercise Room, Gas Metered, Gated Community, Mandatory Hoa, Underground Utilities
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

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

Lot Info

  • Parcel Number: 01-41-21-158-0160
  • Lot Size Sq Ft: 17150
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 56658

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2022
Closed on
May 24, 2022
Sold by
Nancy Boggio
Bought by
Williams Melissa
Seller's Agent
Alba Biondi
BHHS EWM Realty
Buyer's Agent
Erik Mendelson
Avanti Way Realty LLC
List Price
$11,000,000
Sold Price
$10,500,000
Premium/Discount to List
-$500,000
-4.55%
Current Estimated Value
$10,226,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$273,751
Avg. Annual Appreciation
-3.01%
Original Mortgage
$6,000,000
Outstanding Balance
$5,586,136
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$3,741,565

Purchase Details

Closed on
Mar 13, 2003
Sold by
Cohen Joel and Cohen Rita
Bought by
Boggio Lloyd and Boggio Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
7.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 10, 2002
Sold by
Hughes Cove Llc C
Bought by
Cohen Joel and Cohen Rita
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Williams Melissa $10,500,000 Legal Counsel Pa
Boggio Lloyd $1,400,000 --
Cohen Joel $1,225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Melissa $6,000,000
Previous Owner Boggio Lloyd $1,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2022 05/25/22 Sold $10,500,000 -8.7% $944 / Sq Ft
03/25/2022 03/25/22 Pending -- -- --
03/14/2022 03/14/22 Price Changed $11,500,000 +4.5% $1,034 / Sq Ft
02/04/2022 02/04/22 For Sale $11,000,000 -- $989 / 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 $179,396 $8,918,648 $3,601,500 $5,317,148
2024 $182,602 $8,977,740 $3,601,500 $5,376,240
2023 $182,602 $8,864,499 $3,430,000 $5,434,499
2022 $56,644 $2,771,250 $0 $0
2021 $56,658 $2,690,534 $0 $0
2020 $56,005 $2,653,387 $0 $0
2019 $54,858 $2,593,732 $0 $0
2018 $52,815 $2,545,370 $0 $0
2017 $52,308 $2,493,017 $0 $0
2016 $52,764 $2,441,741 $0 $0
2015 $53,373 $2,424,768 $0 $0
2014 $53,999 $2,405,524 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11156572

MIAMI REALTORS® MLS

APN: 01-4121-158-0160

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