NOT LISTED FOR SALE

Estimated Value: $5,248,000 - $13,598,047

4 Beds
3 Baths
4,570 Sq Ft
$2,045/Sq Ft Est. Value

Last Sold November 13, 2020

Last sale price $7,250,000 $1,586 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $64,605/month

333 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Direct Ocean View
  • Up to 80-Foot Boat
  • Sunset Elementary School Rated A
  • Private Dock
  • Deck

About This Home

As of November 2020

Envision your ideal custom-built sanctuary in the prestigious and exclusive Gables Estates community. This rare development or redevelopment opportunity calls for your vision on a 40,711 SF Lot with 200 FT of water frontage. A private deepwater canal grants easy navigation with no bridges into Biscayne Bay. The property comes with varying types of palms and exceptional shade-bearing spaces near the rear and side perimeters. It all starts with the right location, the rest is a Bay breeze away. "If you can dream it, you can do it" - Walt Disney.

Last Agent to Sell the Property

Judith Zeder

Coldwell Banker Realty License #0650944 Listed on: 10/28/2019

Coldwell Banker Realty

Co-Listed By

Nathan Zeder

Coldwell Banker Realty License #3058239

Last Buyer's Agent

Michael Konig

SMK Realty & Investments, LLC. License #3031687

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $156,613

Year Built

  • Built in 1966

Lot Details

  • 200 Feet of Waterfront

HOA Fees

  • $625 per month

Parking

  • 2

Property Views

  • Direct Ocean
  • Canal

Home Design

  • Property Attached

Interior Spaces

  • 4,570 Sq Ft Home
  • 1-Story Property
  • Fireplace

Outdoor Features

  • Up to 80-Foot Boat
  • Private Dock
  • Deck

Community Details

  • $100,000 Membership Fee

Listing and Financial Details

  • Assessor Parcel Number 03-51-05-002-0060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$156,613

Year Built

Built in 1966

Lot Details

0

HOA Fees

$625 per month

Parking

2

Listing Details

  • Internet Remarks: Envision your ideal custom-built sanctuary in the prestigious and exclusive Gables Estates community. Easy navigation with no bridges to Biscayne Bay.
  • Municipal Code: 3
  • Property Type: Single Family
  • Restrictions: Assoc Approval Required
  • Section: 0
  • Year Built: 1966
  • Property Sq Ft: 40711
  • Year Built Description: Resale
  • Zoning Information: 0100
  • Flood Zone: AE
  • Furnished Info Sold: Unfurnished
  • Intended Use: Unknown/Withheld
  • Lp Amt Sq Ft: 1915.9472
  • Ratio Close Price By List Price: 0.96090
  • Style: Wf/Pool/Ocean Access
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Front Exposure: South
  • Bedroom Description: Master Bedroom Ground Level
  • Interior Amenities: First Floor Entry, Fireplace
  • Design: Attached
  • Adjusted Area Sq Ft: 3995
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Design Description: One Story
  • Appliances: Circuit Breaker
  • Pool: Yes
  • Sq Ft Liv Area: 3938
  • Total Sq Ft: 4570

Exterior Features

  • View: Canal, Direct Ocean
  • Pool: Below Ground Pool
  • Water Access: Dock Available
  • Waterfront Description: Canal Front, No Fixed Bridges
  • Waterfront Frontage: 200
  • Construction Type: Concrete Block Construction
  • Roof Description: Barrel Roof
  • Waterfront Property: Yes
  • Boat Services: Dock Available, Private Dock, Up To 80 Ft Boat
  • Exterior Features: Deck

Garage/Parking

  • Parking Description: Circular Drive, Covered Parking, Rv/Boat Parking
  • Garage Spaces: 2

Utilities

  • Sewer Description: Municipal Sewer
  • Cooling Description: Central Cooling
  • Heating Description: Central Heat
  • Water Description: Municipal Water

Condo/Co-op/Association

  • Membership Purchase Fee: 100000
  • Floor Description: Carpeted Floors, Ceramic Floor
  • Subdivision Complex Bldg: GABLES ESTATES NO 3
  • Housing Older Persons Act: Unverified
  • Association Fee: 7500
  • Subdivision Information: Private Membership Available
  • Association Fee Paid Per: Yearly
  • Membership Purch Rqd Yn: Yes
  • Type of Association: Homeowners

Lot Info

  • Lot Description: 3/4 To Less Than 1 Acre Lot
  • Parcel Number: 03-51-05-002-0060
  • Lot Sq Footage: 40711
  • Parcel Number Mlx: 0060

Tax Info

  • Tax Information: Tax Reflects No Exemptions
  • Tax Amount: 100984
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2025
Sold by
Schreibman Jay R and Jay R Schreibman Living Trust
Bought by
Mocca Construction 501 Llc
Current Estimated Value
$9,347,016

Purchase Details

Closed on
Mar 1, 2024
Sold by
501 Arvida Llc
Bought by
Jay R Shreibman Trust and Schreibman

Purchase Details

Listed on
Oct 28, 2019
Closed on
Nov 11, 2020
Sold by
Arias V Michael V and Arias Jeanne Louise
Bought by
501 Arvida Llc
Seller's Agent
Judith Zeder
Coldwell Banker Realty
Buyer's Agent
Michael Konig
SMK Realty & Investments, LLC.
List Price
$7,695,000
Sold Price
$7,250,000
Premium/Discount to List
-$445,000
-5.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.52%

Purchase Details

Closed on
Jun 18, 2009
Sold by
Arias Vincent
Bought by
Arias Vincent
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Mocca Construction 501 Llc $14,500,000 None Listed On Document
Mocca Construction 501 Llc $14,500,000 None Listed On Document
Jay R Shreibman Trust $12,614,900 None Listed On Document
501 Arvida Llc $7,250,000 Attorney
Arias Vincent -- Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2020 11/13/20 Sold $7,250,000 -3.9% $1,586 / Sq Ft
03/19/2020 03/19/20 Price Changed $7,545,000 -1.9% $1,651 / Sq Ft
10/28/2019 10/28/19 For Sale $7,695,000 -- $1,684 / 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 $156,613 $10,586,345 $10,584,860 $1,485
2024 $146,731 $7,591,722 -- --
2023 $146,731 $6,901,566 $0 $0
2022 $120,501 $6,326,958 $0 $0
2021 $108,293 $5,751,780 $5,699,540 $52,240
2020 $103,120 $5,414,308 $5,292,430 $121,878
2019 $103,379 $5,414,353 $5,292,430 $121,923
2018 $100,984 $5,414,398 $5,292,430 $121,968
2017 $26,866 $1,426,170 $0 $0
2016 $26,830 $1,396,837 $0 $0
2015 $26,270 $1,387,128 $0 $0
2014 $26,626 $1,376,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10761425

MIAMI REALTORS® MLS

APN: 03-5105-002-0060