NOT LISTED FOR SALE

390 Casuarina Concourse Miami, FL 33143

Gables Estates Neighborhood

Estimated Value: $7,276,000 - $41,659,128

8 Beds
11 Baths
9,125 Sq Ft
$2,681/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $31,750,000 $3,479 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $171,583/month

388 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • New Construction
  • Sunset Elementary School Rated A
  • Home Theater
  • 4-minute walk to Leucadendra Park

About This Home

As of September 2022

This new waterfront resort-style estate is located in one of the most desired communities S Florida, Gables
Estates. The only new single-story home available. Designed by architect Cesar Molina it is a perfect blend of art &function. Front courtyard was designed around a specimen banyan tree now surrounded with a series of connected walkways, water features and living areas. The home is filled with expansive windows, open-concept grand room full of natural sunlight. The sleek chef's kitchen is designed w/ premium finishes and custom built wine wall.Spacious entertaining areas that extends to the covered terrace & outdoor kitchen w/ views of the pool & 200ft of waterfront w/ private dock. The master suite, with waterfront views, features 2 en suite spa-like bathrooms & oversized closets.

Last Agent to Sell the Property

Marilda Fernandes

Grove Properties License #0579972 Listed on: 04/20/2021

Last Buyer's Agent

Andy Daro

Compass Florida, LLC License #3291089

Compass Florida, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $100,982

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 1.42 Acre Lot
  • 200 Ft Wide Lot
  • Home fronts a canal
  • North Facing Home
  • Fenced
  • Property is zoned 0100

HOA Fees

  • $583 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Automatic Garage Door Opener
  • Circular Driveway
  • Open Parking

Home Design

  • Elevated Home
  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 9,125 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Built-In Features
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Canal Views

Kitchen

  • Eat-In Kitchen
  • Built-In Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Sitting Area In Primary Bedroom
  • Closet Cabinetry
  • Walk-In Closet
  • Two Primary Bathrooms
  • In-Law or Guest Suite
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Clear Impact Glass
  • High Impact Door
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Property has ocean access
  • Canal Width is 121 Feet or More
  • Private Dock
  • Exterior Lighting
  • Outdoor Grill

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 03-41-32-019-0130

Community Details

Overview

  • Club Membership Required
  • Gables Estates No 2,Gables Estates Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$100,982

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$583 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 2021
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Directions: Old Cutler Road to Casuarina Gables Estates North Entrance.
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock
  • New Construction: Yes
  • Structure Type: House
  • Subdivision Name: GABLES ESTATES NO 2,Gables Estates
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: 4098

Interior Features

  • Appliances: Bottled Gas, Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Gas Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Bar, Built-in Features, Closet Cabinetry, Cooking Island, Laundry Tub, Pantry, Walk-In Closet(s), Wet Bar, Den/Library/Office, Family Room, Separate Guest/In-Law Quarters, Media Room, Utility Room/Laundry
  • Full Bathrooms: 8
  • Half Bathrooms: 3
  • Total Bedrooms: 8
  • Door Features: High Impact Doors
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 9125
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Unknown/Withheld
  • Window Features: Clear Impact Glass, Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Master Bedroom Ground Level, Sitting Area - Master Bedroom
  • Dining Room Features: Eat-In Kitchen, Formal Dining, Snack Bar/Counter
  • Living Room Features: Den/Library/Office, Family Room, Separate Guest/In-Law Quarters, Media Room, Utility Room/Laundry
  • Master Bathroom Features: 2 Master Bathrooms, Separate Tub & Shower

Exterior Features

  • Roof: Flat Tile
  • View: Canal, Water
  • Exterior Features: Barbeque, Built-In Grill, Lighting, Outdoor Shower
  • Construction Type: CBS Construction, Elevated Construction
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: 1 To Less Than 2 Acre Lot
  • Pool Features: In Ground
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Front, Canal Width 121 Feet Or More
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: GABLES ESTATES NO 2
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Other, No Rv/Boats, No Trucks/Trailers

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub, Utility Room/Laundry
  • Security: Fire Alarm, Smoke Detector

Condo/Co-op/Association

  • Association Fee: 7000
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Paved Road, Public Road, Security Patrol, Street Lights
  • 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: 03-41-32-019-0130
  • Lot Size Sq Ft: 62000
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 100982

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2021
Closed on
Sep 30, 2022
Sold by
Fernandes Marilda
Bought by
Vanderhaegen Guy and Standaert Natacha
Seller's Agent
Marilda Fernandes
Grove Properties
Buyer's Agent
Andy Daro
Compass Florida, LLC
List Price
$33,500,000
Sold Price
$31,750,000
Premium/Discount to List
-$1,750,000
-5.22%
Views
23
Current Estimated Value
$24,467,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,282,436
Avg. Annual Appreciation
-8.22%
Original Mortgage
$19,050,000
Outstanding Balance
$18,291,363
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$6,363,007

Purchase Details

Closed on
Aug 5, 2020
Sold by
Fernandes Marcelo
Bought by
Fernandes Marilda

Purchase Details

Closed on
Dec 20, 2003
Sold by
Fernandes Marcelo O and Henley Kellie
Bought by
Fernandes Marcelo and Fernandes Marilda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 1997
Sold by
Kensington Ivestment Corp
Bought by
Fernandez Marcelo O

Purchase Details

Closed on
Jun 20, 1994
Sold by
Apollo Dev
Bought by
Kensington Inv Corp
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
Vanderhaegen Guy $31,750,000 --
Fernandes Marilda -- Attorney
Fernandes Marcelo -- --
Fernandez Marcelo O $100 --
Kensington Inv Corp $49,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanderhaegen Guy $19,050,000
Closed Vanderhaegen Guy $19,050,000
Previous Owner Fernandes Marcelo $7,100,000
Previous Owner Fernandes Marilda $200,000
Previous Owner Fernandes Marcelo $4,458,862
Previous Owner Fernandes Marcelo $3,003,933
Previous Owner 360 In Action Corp $255,000
Previous Owner Fernandes Marcelo $600,000
Previous Owner Fernandes Marcelo $1,500,000
Previous Owner Fernandez Marcelo O $450,000
Previous Owner Fernandez Marcelo O $200,000
Previous Owner Fernandez Marcelo O $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $31,750,000 -5.2% $3,479 / Sq Ft
05/13/2022 05/13/22 Pending -- -- --
04/20/2021 04/20/21 For Sale $33,500,000 -- $3,671 / 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 $487,672 $26,222,256 $16,740,000 $9,482,256
2024 $486,215 $26,828,996 $17,251,500 $9,577,496
2023 $486,215 $26,595,135 $0 $0
2022 $99,976 $5,505,145 $0 $0
2021 $99,800 $5,344,801 $0 $0
2020 $103,057 $5,499,087 $0 $0
2019 $100,982 $5,375,452 $0 $0
2018 $96,771 $5,275,223 $0 $0
2017 $95,995 $5,166,722 $0 $0
2016 $96,795 $5,060,453 $0 $0
2015 $97,074 $5,025,277 $0 $0
2014 $98,398 $4,985,394 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11026827

MIAMI REALTORS® MLS

APN: 03-4132-019-0130