$16,000,000
SOLD OCT 7, 2021

401 Leucadendra Dr Coral Gables, FL 33156

Gables Estates Neighborhood
4 Beds
4.5 Baths
5,185 Sq Ft
1.38 Acres

Recently Sold

$3,086 Per Sq Ft

16% Below List Price

45 Days on Market

Highlights

  • Property has ocean access
  • Deeded Boat Dock
  • Gated Community
  • Sunset Elementary School Rated A
  • Boating
  • Waterfront

About This Home

As of October 2021

Prestigious Gable Estates Deepest Water Yacht Basin! This gorgeous 1.38 acre estate is prime property in one of the most coveted locations in the area! Upon entering the lushly landscaped grounds of the Gable Estates community you will be entranced with this gorgeous DIRECT OCEAN access community! One of the few DEEP WATER access areas that can accommodate large yachts & sailboats. This property is boasting over 160ft of seawall on one of the deepest canals and largest yacht basins in the community with Biscayne Bay & the Atlantic Ocean less than 3 minutes away. Wake up every morning in paradise with gorgeous views of the water, gorgeous million dollar homes & amazing yachts. Rarely available opportunity in this prestigious area. Remodel or tear down and build your own private paradise!

Last Agent to Sell the Property

Shawna Lowbridge

MMLS Assoc.-Inactive Member License #3102648 Listed on: 07/06/2021

MMLS Assoc.-Inactive Member

Last Buyer's Agent

Neyda Bravo

Bravo & Partners Realty License #3309332

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,466

Year Built

  • Built in 1991

Lot Details

  • 1.38 Acre Lot
  • 161 Ft Wide Lot
  • Waterfront
  • South Facing Home
  • Property is zoned 0100

HOA Fees

  • $625 Monthly HOA Fees

Parking

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

Home Design

  • Old Spanish Architecture
  • Barrel Roof Shape
  • Concrete Block With Brick
  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,185 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Fireplace
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Den
  • Canal Views
  • Attic

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Two Primary Bathrooms
  • Dual Sinks
  • Roman Tub
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

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

Outdoor Features

  • Room in yard for a pool
  • Property has ocean access
  • No Fixed Bridges
  • Canal Width is 121 Feet or More
  • Seawall
  • Boat Hoist or Davit
  • Deeded Boat Dock
  • Patio
  • Porch

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 03-41-32-019-0480

Community Details

Overview

  • Club Membership Required
  • Gables Estates No 2 Subdivision

Recreation

  • Boating

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,466

Year Built

Built in 1991

Lot Details

0

HOA Fees

$625 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 1991
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story, Old Spanish
  • Directions: Old Cutler Road to Arvida Parkway. Stop at Guard Gate. Continue into community, then turn left on Leucadendra Drive. Follow it around to 401 Leucadendra which will be on the left.
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boat Hoists/Davits,Private Dock, Dock Owned/Included,Hoist/Davit,Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: GABLES ESTATES NO 2
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Bar, Entrance Foyer, Laundry Tub, Pantry, Roman Tub, Walk-In Closet(s), Wet Bar, Attic, Den/Library/Office, Family Room, Great Room, Utility Room/Laundry
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Location: Foyer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Ceramic Floor, Wood
  • Furnished: Unfurnished
  • Living Area: 5185
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Unknown/Withheld
  • Bedroom Features: At Least 1 Bedroom Ground Level, Master Bedroom Upstairs
  • Dining Room Features: Eat-In Kitchen, Formal Dining
  • Living Room Features: Attic, Den/Library/Office, Family Room, Great Room, Utility Room/Laundry
  • Master Bathroom Features: 2 Master Bathrooms, Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • Roof: Barrel Roof, Curved/S-Tile Roof
  • View: Canal, Water
  • Exterior Features: Room For Pool
  • Construction Type: Concrete Block With Brick, CBS Construction
  • Direction Faces: South
  • Lot Features: 1 To Less Than 2 Acre Lot
  • Patio And Porch Features: Open Porch, Patio
  • Pool Private: No
  • View: Yes
  • Waterfront Features: WF/Ocean Access, Canal Width 121 Feet Or More, No Fixed Bridges, Ocean Access, Seawall
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: GABLES ESTATES NO 2
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: Circular Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub, Utility Room/Laundry

Condo/Co-op/Association

  • Association Fee: 7500
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Boating, Clubhouse, Gated Community
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners, Other

Schools

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

Lot Info

  • Parcel Number: 03-41-32-019-0480
  • Lot Size Sq Ft: 60213
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 36466

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2021
Closed on
Oct 7, 2021
Sold by
Patricia A Moretti Trust
Bought by
401 Leucadendra Land Trust
Seller's Agent
Shawna Lowbridge
MMLS Assoc.-Inactive Member
Buyer's Agent
Neyda Bravo
Bravo & Partners Realty
List Price
$19,000,000
Sold Price
$16,000,000
Premium/Discount to List
-$3,000,000
-15.79%
Current Estimated Value
$10,284,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,715,666
Avg. Annual Appreciation
-11.31%

Purchase Details

Closed on
Nov 5, 2014
Sold by
Moretti Patricia Anne
Bought by
Lyons William K
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
Deed -- Lori Wellbaum Emery Wellbaum &
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $4,000,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2021 10/07/21 Sold $16,000,000 -15.8% $3,086 / Sq Ft
08/19/2021 08/19/21 Pending -- -- --
07/05/2021 07/05/21 For Sale $19,000,000 -- $3,664 / 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 $200,917 $10,416,428 -- --
2024 $194,844 $10,058,778 -- --
2023 $194,844 $9,144,344 $0 $0
2022 $169,799 $9,276,448 $8,791,098 $485,350
2021 $36,883 $1,997,214 $0 $0
2020 $36,466 $1,969,640 $0 $0
2019 $35,722 $1,925,357 $0 $0
2018 $34,221 $1,889,458 $0 $0
2017 $33,940 $1,850,596 $0 $0
2016 $33,908 $1,812,533 $0 $0
2015 $34,312 $1,799,934 $0 $0
2014 $34,779 $1,785,649 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Shawna Lowbridge

    MMLS Assoc.-Inactive Member

    Section Image
  • Neyda Bravo

    Buyer's Agent in 2021

    Neyda Bravo

    Bravo & Partners Realty

    (786) 266-2775

    1 in this area

    9 Total Sales

    Neyda Bravo
    Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11066090

MIAMI REALTORS® MLS

APN: 03-4132-019-0480

Florida Miami/Dade County Coral Gables 33156 Gables Estates

401 Leucadendra Dr, Coral Gables, FL

This home is located at 401 Leucadendra Dr, Coral Gables, FL 33156 and is currently priced at $16,000,000, approximately $3,085 per square foot. This property was built in 1991. 401 Leucadendra Dr is a home located in Miami-Dade County with nearby schools including Sunset Elementary School, Ponce de Leon Middle School, and Coral Gables Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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