NOT LISTED FOR SALE

Estimated Value: $7,404,000 - $21,495,426

7 Beds
9 Baths
10,875 Sq Ft
$1,329/Sq Ft Est. Value

Last Sold October 01, 2020

Last sale price $13,000,000 $1,195 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $96,303/month

64 Days on Market

Highlights

  • Ocean Front
  • Private Dock
  • Heated In Ground Pool
  • Key Biscayne K-8 Center Rated A-
  • Home Theater
  • Sauna

About This Home

As of October 2020

Incredible waterfront mansion on a rare point lot offering direct ocean access - Two lots combined Rebuilt in 2015. This high-end construction is extremely private & sits on almost an acre of land,providing for expansive views over the water and the Florida State Park.The property is a true boater's dream with 200 SF of water frontage,2 boat docks & a new seawall.The completely gated mansion offers 7 beds,9 baths & the highest level of finishes.Notable features include:3 reception areas,formal dining,over-sized master suite w/superb views & spectacular master bathroom,2 large custom walk-in closets,completely equipped state-of-the-art media room,glass wine cellar,4-car garage & advanced security system. This property also offers a pool,gym area with sauna, steam room & tatami "study" area.

Last Agent to Sell the Property

David Siddons

Douglas Elliman License #3225344 Listed on: 07/01/2020

Douglas Elliman

Last Buyer's Agent

Lorraine Neumann

MMLS Assoc.-Inactive Member License #0564352

MMLS Assoc.-Inactive Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $180,016

Year Built

  • Built in 2015

Lot Details

  • 0.83 Acre Lot
  • 200 Ft Wide Lot
  • Ocean Front
  • Property Fronts a Bay or Harbor
  • East Facing Home
  • Property is zoned 2001

Parking

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

Home Design

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

Interior Spaces

  • 10,875 Sq Ft Home
  • 2-Story Property
  • Custom Mirrors
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Sauna
  • Direct Ocean Views

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 9 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door

Pool

  • Heated In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Property has ocean access
  • Boat Lock
  • Private Dock
  • Patio
  • Exterior Lighting
  • Outdoor Grill

Schools

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

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • No Home Owners Association
  • Smugglers Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-017-0060

Home Details

Home Type

Single Family

Est. Annual Taxes

$180,016

Year Built

Built in 2015

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 2015
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlock,Dock Available,Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: SMUGGLERS COVE
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Custom Mirrors, Other, Pantry, Split Bedroom, Volume Ceilings, Walk-In Closet(s), Den/Library/Office, Family Room, Media Room, Sauna, Utility Room/Laundry
  • Spa Yn: Yes
  • Full Bathrooms: 9
  • Total Bedrooms: 7
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor, Other, Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 10875
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Unknown/Withheld
  • Window Features: Clear Impact Glass, Blinds, High Impact Windows, Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Sitting Area - Master Bedroom
  • Dining Room Features: Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Media Room, Other, Sauna, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Concrete, Flat Tile
  • View: Ocean, Direct Ocean
  • Exterior Features: Barbeque, Built-In Grill, Lighting, Outdoor Shower
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Lot Features: 3/4 To Less Than 1 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Features: In Ground, Heated
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: SMUGGLERS COVE
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Open Parking: Yes
  • Parking Features: Driveway, Guest, Paver Block

Utilities

  • Sewer: Other
  • Water Source: Other
  • Cooling: Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association: No
  • Community Features: Other

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

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

Lot Info

  • Parcel Number: 24-52-05-017-0060
  • Lot Size Sq Ft: 36072
  • Zoning: 2001
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 180016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2020
Closed on
Sep 21, 2020
Sold by
Hallow Holdings Llc
Bought by
West End Advisors Llc
Seller's Agent
David Siddons
Douglas Elliman
Buyer's Agent
Lorraine Neumann
MMLS Assoc.-Inactive Member
List Price
$15,500,000
Sold Price
$13,000,000
Premium/Discount to List
-$2,500,000
-16.13%
Total Days on Market
64
Current Estimated Value
$14,449,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,449,713
Avg. Annual Appreciation
2.28%

Purchase Details

Closed on
May 16, 2007
Sold by
Saldarriaga Maria Delcarmen
Bought by
Heat Holdings Llc

Purchase Details

Closed on
Aug 5, 2002
Sold by
Delcorral Carlos
Bought by
Saldarriaga Maria Delcarmen
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 Buyer Sale Price Title Company
West End Advisors Llc $13,000,000 Attorney
Heat Holdings Llc $7,000,000 Ewm Title
Saldarriaga Maria Delcarmen -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2020 10/01/20 Sold $13,000,000 -16.1% $1,195 / Sq Ft
07/01/2020 07/01/20 For Sale $15,500,000 -- $1,425 / 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
2024 $182,288 $11,688,731 -- --
2023 $182,288 $11,348,283 $0 $0
2022 $175,564 $11,017,751 $0 $0
2021 $176,435 $10,696,846 $0 $0
2020 $179,237 $10,856,054 $8,837,640 $2,018,414
2019 $180,016 $10,876,189 $8,837,640 $2,038,549
2018 $84,796 $5,294,678 $4,689,909 $604,769
2017 $85,647 $5,301,847 $0 $0
2016 $94,148 $5,556,666 $0 $0
2015 $87,913 $5,051,515 $0 $0
2014 $85,604 $4,592,287 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10883109

MIAMI REALTORS® MLS

APN: 24-5205-017-0060