NOT LISTED FOR SALE

Estimated Value: $7,712,000

9 Beds
13 Baths
16,799 Sq Ft
$459/Sq Ft Est. Value

Last Sold July 27, 2020

Last sale price $12,250,000 $729 Per Sq Ft

Est. 37% decrease in value since last sale

Current estimated payment $50,276/month

248 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • Property Fronts a Bay or Harbor
  • Sunset Elementary School Rated A
  • Boating
  • 3-minute walk to Leucadendra Park

About This Home

As of July 2020

Incredible OPPORTUNITY to finish this custom modern home designed by famed architect Ramon Pacheco, the exclusive gated community of Gables Estates. Currently 80% complete and ready to put the finishing touches. The home features 9 beds, 11/2 baths, 20,726 Total SF, 1.25 Acre Lot, & 220 ft of water-frontage with a new 140 ft dock. Huge Master suite, 6 additional en-suite bedrooms & 2 bedroom staff quarter. Courtyard with garden and water features in the center of the property. Library/Office with private entry from courtyard. Glass Wine Cellar, Elevator, In-home Health and Wellness Center, and much more. Currently $17,750,000 as is for the current state of construction. Also for sale fully finished for $22,500,000.

Last Agent to Sell the Property

Sandra Fiorenza

MMLS Assoc.-Inactive Member License #0663126 Listed on: 10/22/2019

MMLS Assoc.-Inactive Member

Co-Listed By

Jonathan Vega

One Sotheby's International Realty License #3330857

Last Buyer's Agent

Sandra Fiorenza

MMLS Assoc.-Inactive Member License #0663126 Listed on: 10/22/2019

MMLS Assoc.-Inactive Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $120,454

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 1.26 Acre Lot
  • 202 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • North Facing Home
  • Property is zoned 0100

HOA Fees

  • $625 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • 4 Attached Carport Spaces
  • Automatic Garage Door Opener

Property Views

  • Bay
  • Canal

Home Design

  • Concrete Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 16,799 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Fireplace
  • Entrance Foyer
  • Formal Dining Room
  • Den
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Free-Standing Freezer
  • Dishwasher
  • Cooking Island
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Two Primary Bathrooms
  • Bidet
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Heated In Ground Pool
  • Property has ocean access
  • No Fixed Bridges
  • Private Dock
  • Patio
  • Outdoor Grill

Schools

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

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Accessible Elevator Installed
  • Air Purifier

Listing and Financial Details

  • Assessor Parcel Number 03-41-32-019-0820

Community Details

Overview

  • Club Membership Required
  • Gables Estates No 2 Subdivision

Recreation

  • Boating

Additional Features

  • Picnic Area
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$120,454

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$625 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 2021
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Carport Y N: Yes
  • Co List Office Mls Id: OSIR01
  • Co List Office Phone: 305-666-0562
  • Directions: On Old Cutler Road take Gables Estates south entrance.
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Dock Available,Private Dock
  • New Construction: Yes
  • Structure Type: House
  • Subdivision Name: GABLES ESTATES NO 2
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: 4098

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Free-Standing Freezer, Microwave, Gas Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Cooking Island, Elevator, Entrance Foyer, Den/Library/Office
  • Spa Yn: Yes
  • Full Bathrooms: 11
  • Half Bathrooms: 2
  • Total Bedrooms: 9
  • Entry Location: Foyer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 16799
  • Other Equipment: Air Purifier, Automatic Garage Door Opener, Elevator
  • Possible Use: Unknown/Withheld
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Sitting Area - Master Bedroom, Master Bedroom Upstairs
  • Dining Room Features: Eat-In Kitchen, Family/Dining Combination, Formal Dining
  • Living Room Features: Den/Library/Office
  • Master Bathroom Features: 2 Master Bathrooms, Bidet, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • Roof: Concrete
  • View: Bay, Canal, Water
  • Exterior Features: Barbeque
  • Construction Type: Pre-Cast Concrete Construction
  • Direction Faces: North
  • Lot Features: 1 To Less Than 2 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Features: In Ground, Heated
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Access, No Fixed Bridges
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: GABLES ESTATES NO 2
  • Carport Spaces: 4
  • Covered Parking Spaces: 8
  • Garage Spaces: 4
  • Parking Features: Attached Carport, Other

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Air Purifier
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Fire Alarm, Smoke Detector

Condo/Co-op/Association

  • Association Fee: 7500
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Boating, Gated Community, Paved Road, Picnic Area
  • 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: 03-41-32-019-0820
  • Lot Size Sq Ft: 54720
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 120454

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2025
Sold by
Pirez Alex & Carolina M Garcia
Bought by
Whitetree Holdings Llc
Current Estimated Value
$7,712,000

Purchase Details

Closed on
Jun 15, 2023
Sold by
Mocca Construction 340 Llc
Bought by
Pirez Alex and Pirez Carolina Marie Garcia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,000,000
Interest Rate
5.63%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 22, 2019
Closed on
Jul 24, 2020
Sold by
Fiorenza Randall P
Bought by
Mocca Construction 340 Llc
Seller's Agent
Sandra Fiorenza
MMLS Assoc.-Inactive Member
Buyer's Agent
Sandra Fiorenza
MMLS Assoc.-Inactive Member
List Price
$22,500,000
Sold Price
$12,250,000
Premium/Discount to List
-$10,250,000
-45.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.38%

Purchase Details

Closed on
May 20, 2014
Sold by
340 Leucadendra Llc
Bought by
Fiorenza Randall P

Purchase Details

Closed on
Nov 15, 2010
Sold by
Morgenthau Anthony R and Morgenthau Elizabeth Ann
Bought by
340 Leucadendra Llc

Purchase Details

Closed on
Mar 21, 2001
Sold by
Jose L Turnes M and Jose Hilda J
Bought by
Morgenthau Anthony R and Morgenthau Elizabeth A

Purchase Details

Closed on
Jun 17, 1998
Sold by
Deray Marcel J and Deray Bertha M
Bought by
Turnes Jose L and Jimenez Hilda E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
7.14%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Whitetree Holdings Llc $9,000,000 None Listed On Document
Whitetree Holdings Llc $9,000,000 None Listed On Document
Pirez Alex $12,250,000 None Listed On Document
Mocca Construction 340 Llc $12,250,000 Attorney
Fiorenza Randall P $6,500,000 Attorney
340 Leucadendra Llc $5,000,000 Attorney
Morgenthau Anthony R $3,400,000 --
Turnes Jose L $1,875,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pirez Alex $9,000,000
Previous Owner 340 Leucadendra Llc $1,000,000
Previous Owner 340 Leucadendra Llc $2,500,000
Previous Owner Turnes Jose L $1,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2020 07/27/20 Sold $12,250,000 -31.0% $729 / Sq Ft
06/26/2020 06/26/20 Pending -- -- --
05/12/2020 05/12/20 Price Changed $17,750,000 -21.1% $1,057 / Sq Ft
10/22/2019 10/22/19 For Sale $22,500,000 -- $1,339 / 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 $466,106 $25,806,058 $14,227,200 $11,578,858
2024 $172,238 $25,648,050 $13,953,600 $11,694,450
2023 $172,238 $8,426,880 $0 $0
2022 $140,168 $7,660,800 $7,660,800 $0
2021 $144,197 $7,663,720 $7,660,800 $2,920
2020 $134,269 $7,116,550 $7,113,600 $2,950
2019 $134,613 $7,116,580 $7,113,600 $2,980
2018 $128,343 $7,116,610 $7,113,600 $3,010
2017 $120,455 $6,227,163 $0 $0
2016 $113,945 $5,661,058 $0 $0
2015 $100,091 $5,143,680 $0 $0
2014 $89,214 $4,487,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10750382

MIAMI REALTORS® MLS

APN: 03-4132-019-0820