NOT LISTED FOR SALE

Estimated Value: $4,245,000 - $6,350,861

4 Beds
3.5 Baths
3,648 Sq Ft
$1,502/Sq Ft Est. Value

Last Sold December 29, 2020

Last sale price $1,500,000 $411 Per Sq Ft

Est. 265% increase in value since last sale

Current estimated payment $35,139/month

60 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • Boat Lift
  • George W. Carver Elementary School Rated A
  • Home fronts navigable water
  • In Ground Pool

About This Home

As of December 2020

Enjoy the Miami boating lifestyle in this beautiful Mediterranean home on the Coral Gables Waterway, complete with a private dock and existing boat davits. This elegant waterfront home is all about location, just minutes from Miracle Mile, Coconut Grove, Merrick Park, and Sunset. By the canal, it’s just a short boat ride to Biscayne Bay. The house features 4 bedrooms, 3.5 bathrooms, a 2-car garage, and a 2-room office with a separate entrance and private bath. The foyer offers a view of the charming interior courtyard. Open floorplan with living room, formal dining room, and huge family room. The family room opens onto a gorgeous pool with ample deck and yard. Situated on a huge lot with a stunning view of the canal, this house has it all! Contact listing agent, easy to show.

Last Agent to Sell the Property

Patricia Garcia

Equity Real Property and Mgt. License #3251207 Listed on: 09/21/2020

Co-Listed By

Maria Busot

Equity Real Property and Mgt. License #3398393

Last Buyer's Agent

Patricia Garcia

Equity Real Property and Mgt. License #3251207 Listed on: 09/21/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,797

Year Built

  • Built in 1951

Lot Details

  • 0.34 Acre Lot
  • 100 Ft Wide Lot
  • Home fronts navigable water
  • Home fronts a canal
  • Southwest Facing Home
  • Property is zoned 0100

Parking

  • 2 Car Attached Garage
  • Circular Driveway
  • Paver Block
  • Open Parking

Property Views

  • Lake
  • Garden
  • Pool

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,648 Sq Ft Home
  • 1-Story Property
  • French Doors
  • Entrance Foyer
  • Formal Dining Room
  • Recreation Room
  • Sun or Florida Room
  • Tile Flooring

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Bidet

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Fixed Bridges
  • Boat Lift
  • Private Dock
  • Deck
  • Patio
  • Exterior Lighting

Schools

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

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • C Gab Riviera Sec Pt 2 Re Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03-41-20-023-1390

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,797

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1951
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Co List Office Mls Id: ERPP01
  • Co List Office Phone: 786-955-9189
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlift,Dock Available,Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: C GAB RIVIERA SEC PT 2 RE
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: First Floor Entry, Entrance Foyer, French Doors, Florida Room, Recreation Room, Utility Room/Laundry
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Entry Location: Foyer
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 3648
  • Possible Use: Primary
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Master Bedroom Ground Level, Sitting Area - Master Bedroom
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Formal Dining
  • Living Room Features: Florida Room, Recreation Room, Utility Room/Laundry
  • Master Bathroom Features: Bidet

Exterior Features

  • Roof: Barrel Roof
  • View: Garden, Lake, Pool
  • Exterior Features: Fruit Trees, Lighting
  • Construction Type: CBS Construction
  • Direction Faces: Southwest
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Deck, Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Front, Fixed Bridge(S), Navigable Water
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: C GAB RIVIERA SEC PT 2 RE
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway, Paver Block

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • 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: Coral Gables
  • High School: Coral Gables
  • Middle Or Junior School: Ponce De Leon

Lot Info

  • Parcel Number: 03-41-20-023-1390
  • Lot Size Sq Ft: 14925
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 9797

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2020
Closed on
Dec 18, 2020
Sold by
Busot Jorge A
Bought by
Sosa Jorge Libra and Kayruz Patricia Margarita
Seller's Agent
Patricia Garcia
Equity Real Property and Mgt.
Buyer's Agent
Patricia Garcia
Equity Real Property and Mgt.
List Price
$2,150,000
Sold Price
$1,500,000
Premium/Discount to List
-$650,000
-30.23%
Current Estimated Value
$5,479,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,979,215
Avg. Annual Appreciation
31.89%
Original Mortgage
$1,125,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2020
Sold by
Busot Maria V and Adriana B Busot Revocable Trus
Bought by
Busot Jorge A

Purchase Details

Closed on
May 20, 2016
Sold by
Busot Adriana B
Bought by
Busot Adriana B
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
Sosa Jorge Libra $1,500,000 Attorney
Busot Jorge A -- Attorney
Busot Adriana B -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sosa Jorge Libra $3,750,000
Closed Sosa Jorge Libra $2,933,249
Closed Sosa Jorge Libra $400,000
Closed Sosa Jorge Libra $1,125,000
Previous Owner Busot Aldo J $938,250
Previous Owner Busot Aldo J $300,000
Previous Owner Busot Aldo J $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2020 12/29/20 Sold $1,500,000 -30.2% $411 / Sq Ft
09/17/2020 09/17/20 For Sale $2,150,000 -- $589 / 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 $66,183 $3,097,008 -- --
2024 $33,238 $3,673,077 -- --
2023 $33,238 $1,566,385 $0 $0
2022 $27,749 $1,423,987 $0 $0
2021 $25,329 $1,294,534 $1,082,062 $212,472
2020 $10,911 $567,576 $0 $0
2019 $9,797 $554,816 $0 $0
2018 $9,373 $544,472 $0 $0
2017 $9,288 $533,274 $0 $0
2016 $10,141 $522,306 $0 $0
2015 $9,380 $518,676 $0 $0
2014 $9,506 $514,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10930365

MIAMI REALTORS® MLS

APN: 03-4120-023-1390