$12,400,000
SOLD DEC 30, 2021
6 Beds
6.5 Baths
6,268 Sq Ft
0.66 Acres

Recently Sold

$1,978 Per Sq Ft

11% Below List Price

37 Days on Market

Highlights

  • Marina
  • Property has ocean access
  • Guest House
  • Coconut Grove Elementary School Rated A
  • Boat Dock
  • 1 Bedroom Guest House

About This Home

As of October 2022

Presenting an authentically designed & restored to perfection DeGarmo estate situated on 28,577SF point lot in The Moorings, Coconut Grove’s most exclusive enclave w/ only 43 residences. Enjoy sparkling Biscayne Bay views & beyond from private manicured grounds & indulge yourself in the magic of this true Mediterranean revival villa. Discover an interior w/ the highest standards & updated to assimilate the organic nature of the estate w/ over 6,200 interior SF. Details tell a story of charm, refinement & exquisite taste. The foyer & formal living room feature vaulted beam ceilings, details of stone & glass, formal dining room, lavish bedrooms w/ en-suite baths & stunning master suite that exemplifies luxury & sophistication. Private staff room & bath + 2 car garage & separate guest house.

Last Agent to Sell the Property

Anna Sherrill

One Sotheby's International Re License #0692650 Listed on: 11/12/2021

Last Buyer's Agent

Jorge Uribe

One Sotheby's International Realty License #3080567

One Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $270,222

Year Built

  • Built in 1929

Lot Details

  • 0.66 Acre Lot
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • East Facing Home
  • Fenced
  • Property is zoned 0100

HOA Fees

  • $667 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway
  • Paver Block
  • Guest Parking
  • Open Parking

Property Views

  • Bay
  • Garden

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape
  • Tile Roof

Interior Spaces

  • 6,268 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Vaulted Ceiling
  • Fireplace
  • Plantation Shutters
  • Drapes & Rods
  • Blinds
  • Arched Windows
  • Picture Window
  • French Doors
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Recreation Room
  • Atrium Room
  • Sun or Florida Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Gas Range
  • Dishwasher
  • Cooking Island
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Walk-In Closet
  • In-Law or Guest Suite
  • Dual Sinks
  • Jettted Tub and 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
  • No Fixed Bridges
  • Canal Width 1-80 Feet
  • Dock Available
  • Balcony
  • Patio
  • Exterior Lighting
  • Cottage Room
  • Porch

Additional Homes

  • Guest House
  • 1 Bedroom Guest House
  • One Bathroom Guest House
  • Guest House Includes Patio
  • Guest House Includes Kitchen

Schools

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

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 01-41-28-006-0200

Community Details

Overview

  • Voluntary home owners association
  • The Moorings Subdivision
  • Maintained Community

Recreation

  • Boat Dock
  • Marina

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$270,222

Year Built

Built in 1929

Lot Details

0

HOA Fees

$667 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1929
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story, Mediterranean
  • Directions: The Moorings is situated off of Main Hwy & Moorings Way just south of Miami's top private schools! Less than a mile from the best shopping, dining & lifestyle Coconut Grove has to offer! Live close to it all but feel world's away. The ultimate sanctuary!
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Community Boat Dock,Dock Available,Unrestricted Salt Water Access, Community Marina
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: THE MOORINGS
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_GuestHouseDescription: 1 Bath, 1 Bedroom, Kitchen, Patio
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Other Equipment/Appliances, Gas Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Bar, Built-in Features, Closet Cabinetry, Cooking Island, Entrance Foyer, French Doors, Other, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Atrium, Cottage, Den/Library/Office, Family Room, Florida Room, Great Room, Separate Guest/In-Law Quarters, Media Room, Recreation Room, Utility Room/Laundry
  • Spa Yn: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: High Impact Doors, French Doors
  • Entry Location: Foyer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble, Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 6268
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Unknown/Withheld
  • Window Features: Complete Impact Glass, Arched Windows, Blinds, Drapes, High Impact Windows, Picture Window, Plantation Shutters
  • Bedroom Features: At Least 1 Bedroom Ground Level, Sitting Area - Master Bedroom, Master Bedroom Upstairs, Other
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Formal Dining
  • Living Room Features: Atrium, Cottage, Den/Library/Office, Family Room, Florida Room, Great Room, Separate Guest/In-Law Quarters, Guest House, Media Room, Other, Recreation Room, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • Roof: Barrel Roof, Curved/S-Tile Roof
  • View: Bay, Garden
  • Exterior Features: Lighting, Open Balcony
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: 3/4 To Less Than 1 Acre Lot
  • Other Structures: Guest House
  • Patio And Porch Features: Open Balcony, Open Porch, Patio
  • Pool Features: In Ground, Heated, Pool/Spa Combo
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Width 1-80 Feet, Navigable Water, No Fixed Bridges
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: THE MOORINGS
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Covered, Driveway, Guest, Other, Paver Block

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association Fee: 667
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Additional Amenities, Gated Community, Maintained Community, Private Roads, Security Patrol, Street Lights, Voluntary Hoa
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners, Voluntary

Schools

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

Lot Info

  • Parcel Number: 01-41-28-006-0200
  • Lot Size Sq Ft: 28577
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2022
Closed on
Oct 14, 2022
Sold by
Dynamo Hum Llc
Bought by
Sir Balto Llc
Seller's Agent
Jorge Uribe
One Sotheby's International Realty
Buyer's Agent
Renier Casanova
Compass Florida, LLC.
List Price
$14,700,000
Sold Price
$14,700,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.75%
Original Mortgage
$9,800,000
Outstanding Balance
$9,362,106
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$1,036,859

Purchase Details

Listed on
Nov 12, 2021
Closed on
Dec 30, 2021
Sold by
Moorings Land Trust
Bought by
Dynamo Hum Llc
Seller's Agent
Anna Sherrill
One Sotheby's International Re
Buyer's Agent
Jorge Uribe
One Sotheby's International Realty
List Price
$14,000,000
Sold Price
$12,400,000
Premium/Discount to List
-$1,600,000
-11.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.70%

Purchase Details

Listed on
Jan 23, 2021
Closed on
Feb 18, 2021
Sold by
Lyon Donna M and The Donna M Lyon Revocable Tru
Bought by
Hubbs Charles M and The Moorings Land Trust
Seller's Agent
Audrey Ross, Ph.D
Compass Florida LLC
Buyer's Agent
Katrina Campins
The Campins Company
List Price
$9,000,000
Sold Price
$9,500,000
Premium/Discount to List
$500,000
5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.31%

Purchase Details

Closed on
Mar 28, 2007
Sold by
Greenfield Horizon Ltd
Bought by
The Donna M Lyon Revocable Trust

Purchase Details

Closed on
Dec 15, 2005
Sold by
Peters Jenny Richard
Bought by
Greenfield Horizon Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 28, 2000
Sold by
Gallowhur Terris D
Bought by
Peters Jenny R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
8.14%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $14,700,000 --
Warranty Deed $12,400,000 Josephs Law Firm
Warranty Deed $9,500,000 Attorney
Warranty Deed $6,966,000 P & P Title Services Llc
Quit Claim Deed -- --
Warranty Deed $6,500,000 --
Warranty Deed $1,655,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $9,800,000 New Conventional
Previous Owner $6,200,000 New Conventional
Previous Owner $6,130,040 Construction
Previous Owner $5,000,000 Unknown
Previous Owner $1,850,000 New Conventional
Previous Owner $600,000 Credit Line Revolving
Previous Owner $1,000,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2025 03/17/25 Price Changed $20,800,000 -7.6% $3,318 / Sq Ft
01/28/2025 01/28/25 Price Changed $22,500,000 -10.0% $3,590 / Sq Ft
12/03/2024 12/03/24 For Sale $24,990,000 +70.0% $3,987 / Sq Ft
10/17/2022 10/17/22 Sold $14,700,000 0.0% $2,345 / Sq Ft
10/17/2022 10/17/22 For Sale $14,700,000 +18.5% $2,345 / Sq Ft
12/30/2021 12/30/21 Sold $12,400,000 -11.4% $1,978 / Sq Ft
12/20/2021 12/20/21 Pending -- -- --
11/12/2021 11/12/21 For Sale $14,000,000 +47.4% $2,234 / Sq Ft
02/19/2021 02/19/21 Sold $9,500,000 +5.6% $1,516 / Sq Ft
02/09/2021 02/09/21 Pending -- -- --
01/20/2021 01/20/21 For Sale $9,000,000 0.0% $1,436 / Sq Ft
02/01/2016 02/01/16 Rented $32,000 +16.4% --
01/02/2016 01/02/16 Under Contract -- -- --
11/15/2015 11/15/15 For Rent $27,500 -- --
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 $270,222 $13,822,605 $8,001,560 $5,821,045
2024 $243,032 $12,984,638 -- --
2023 $243,032 $11,804,217 $5,858,285 $5,945,932
2022 $201,627 $9,762,079 $3,266,351 $6,495,728
2021 $94,189 $4,457,524 $0 $0
2020 $93,109 $4,395,981 $0 $0
2019 $91,209 $4,297,147 $0 $0
2018 $87,818 $4,217,024 $0 $0
2017 $86,982 $4,130,288 $0 $0
2016 $87,753 $4,045,336 $0 $0
2015 $88,771 $4,017,216 $0 $0
2014 $89,816 $3,985,334 $0 $0
Source: Public Records

Agents Affiliated with this Home

See All Agents

Source: MIAMI REALTORS® MLS

MLS Number: A11123904

MIAMI REALTORS® MLS

APN: 01-4128-006-0200