$25,000,000
SOLD JUL 27, 2012
9 Beds
10 Baths
13,563 Sq Ft
1.24 Acres

Recently Sold

$1,843 Per Sq Ft

7% Below List Price

120 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • 1 Bedroom Guest House
  • Sunset Elementary School Rated A
  • Guest House
  • Property Fronts a Bay or Harbor

About This Home

As of April 2019

Stunning Palladian bayfront home with protected dockage. Bring your largest yacht to one of Miami's best docks. Dine with bay views from multiple locations. Home is being sold furnished. Bring your most discriminating buyers. Membership to Gables Estates Club Inc. a pre-requisite to purchase $75,000 application fee.

Last Agent to Sell the Property

Audrey Ross, Ph.D

Compass Florida LLC License #3391913 Listed on: 03/28/2012

Compass Florida LLC

Last Buyer's Agent

Dora Puig

MMLS Assoc.-Inactive Member License #0639913

MMLS Assoc.-Inactive Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $388,237

Year Built

  • Built in 2010

Lot Details

  • 1.24 Acre Lot
  • 550 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • Southwest Facing Home
  • Fenced
  • Property is zoned 14/S FM

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 5 Car Attached Garage
  • Automatic Garage Door Opener
  • Circular Driveway
  • Guest Parking
  • Open Parking

Home Design

  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 13,563 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Furnished
  • Vaulted Ceiling
  • Decorative Fireplace
  • Awning
  • Arched Windows
  • Casement Windows
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Utility Room in Garage
  • Marble Flooring
  • Bay Views
  • Impact Glass

Kitchen

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

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom Upstairs
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Heated In Ground Pool
  • Property has ocean access
  • Private Dock
  • Balcony
  • Patio
  • Outdoor Grill

Additional Homes

  • Guest House
  • 1 Bedroom Guest House
  • One Bathroom Guest House

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 03-51-05-002-0650

Community Details

Overview

  • Club Membership Required
  • Gables Estates Subdivision

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$388,237

Year Built

Built in 2010

Lot Details

0

HOA Fees

$500 per month

Parking

5

Listing Details

  • Property Type: Residential
  • Year Built: 2010
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: GABLES ESTATES
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_GuestHouseDescription: 1 Bath, 1 Bedroom
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Ice Maker, Microwave, Gas Range, Refrigerator, Wall Oven, Washer, Water Softener Owned
  • Interior Amenities: First Floor Entry, Bar, Cooking Island, Elevator, Volume Ceilings, Den/Library/Office, Family Room, Media Room, Utility/Laundry In Garage
  • Full Bathrooms: 7
  • Half Bathrooms: 3
  • Total Bedrooms: 9
  • Fireplace Features: Fireplace, Decorative
  • Fireplace: Yes
  • Flooring: Marble
  • Furnished: Furnished, Unfurnished
  • Living Area: 13563
  • Other Equipment: Automatic Garage Door Opener, Central Vacuum, Elevator
  • Possible Use: Unknown/Withheld
  • Window Features: Arched Windows, Casement, Impact Glass
  • Bedroom Features: Primary Bedroom Upstairs, Sitting Area - Primary Bedroom
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Guest House, Media Room, Utility/Laundry In Garage
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Concrete
  • View: Bay
  • Exterior Features: Barbeque, Fruit Trees, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Southwest
  • Fencing: Fenced
  • Lot Features: 1 To Less Than 2 Acre Lot
  • Other Structures: Guest House
  • Patio And Porch Features: Awning(s), Open Balcony, Patio, Wrap Around
  • Pool Features: In Ground, Heated
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: GABLES ESTATES
  • Covered Parking Spaces: 5
  • Garage Spaces: 5
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Guest

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: In Garage

Condo/Co-op/Association

  • Association Fee: 6000
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Public Road, Security Patrol, Underground Utilities
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 03-51-05-002-0650
  • Lot Size Sq Ft: 54014
  • Zoning: 14/S FM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 388237

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2019
Closed on
Apr 22, 2019
Sold by
Icb Properties Of Miami Llc
Bought by
Lempera Steven
Seller's Agent
Marc hameroff
Engel & Voelkers Delray Beach
Buyer's Agent
Jill Hertzberg
Coldwell Banker Realty
List Price
$68,000,000
Sold Price
$25,500,000
Premium/Discount to List
-$42,500,000
-62.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.63%

Purchase Details

Listed on
Mar 28, 2012
Closed on
Jul 22, 2012
Sold by
Water Edge Investments
Bought by
Icb Properties Of Miami Llc
Seller's Agent
Audrey Ross, Ph.D
Compass Florida LLC
Buyer's Agent
Dora Puig
MMLS Assoc.-Inactive Member
List Price
$27,000,000
Sold Price
$25,000,000
Premium/Discount to List
-$2,000,000
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.29%

Purchase Details

Closed on
Feb 6, 2004
Sold by
Holtz Daniel and Holtz Toni
Bought by
Water Edge Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,400,000
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 23, 2002
Sold by
Matthew C Hudson M and Matthew Pamela M
Bought by
Holtz Daniel and Holtz Toni

Purchase Details

Closed on
Jun 17, 1999
Sold by
Schwartz Eric J and Schwartz Barbara A
Bought by
Hudson Matthew C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
7.04%
Mortgage Type
Credit Line Revolving
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 $25,500,000 Attorney
Warranty Deed $250,000 Attorney
Warranty Deed $7,000,000 --
Quit Claim Deed -- --
Warranty Deed $6,000,000 --
Warranty Deed $3,950,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $18,500,000 No Value Available
Previous Owner $15,000,000 Future Advance Clause Open End Mortgage
Previous Owner $10,000,000 Unknown
Previous Owner $9,000,000 Unknown
Previous Owner $7,400,000 Unknown
Previous Owner $4,000,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 For Sale $54,900,000 +115.3% $2,895 / Sq Ft
04/22/2019 04/22/19 Sold $25,500,000 -15.0% $1,345 / Sq Ft
03/20/2019 03/20/19 Price Changed $30,000,000 -55.9% $1,582 / Sq Ft
03/18/2019 03/18/19 Pending -- -- --
02/08/2019 02/08/19 For Sale $68,000,000 +172.0% $3,586 / Sq Ft
07/27/2012 07/27/12 Sold $25,000,000 0.0% $1,843 / Sq Ft
04/10/2012 04/10/12 Off Market $25,000,000 -- --
03/28/2012 03/28/12 For Sale $27,000,000 -- $1,991 / 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 $407,832 $23,093,568 -- --
2024 $398,227 $22,442,729 -- --
2023 $398,227 $21,789,058 $0 $0
2022 $387,280 $21,154,426 $0 $0
2021 $386,646 $20,538,278 $0 $0
2020 $381,453 $20,254,713 $10,424,702 $9,830,011
2019 $399,084 $21,094,640 $10,424,702 $10,669,938
2018 $192,590 $10,424,702 $10,424,702 $0
2017 $195,958 $10,424,702 $0 $0
2016 $189,843 $9,938,576 $0 $0
2015 $274,142 $9,806,472 $0 $0
2014 $395,208 $19,873,565 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1622327

MIAMI REALTORS® MLS

APN: 03-5105-002-0650