$4,871,000 - $9,377,000
RENTED FEB 6, 2025
4 Beds
4.5 Baths
3,528 Sq Ft
$2,317 Price per Sq Ft

Last Sold October 31, 2024

Last sale price $9,500,000 $2,693 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $47,660/month

Highlights

  • Property has ocean access
  • Private Dock
  • In Ground Pool
  • Sunset Elementary School Rated A
  • Gated with Attendant
  • Waterfront

About This Home

As of February 2025

Nestled in the prestigious, guard-gated Old Cutler Bay community, this spacious one-story home offers a prime waterfront lifestyle. The 4-bedroom, 4.5-bathroom residence spans 4,108 square feet and is situated on a 20,300-SF lot with ~139' of water frontage. Enjoy living on a wide waterway with no bridges and quick boat access to the open bay. Whether you’re looking for serene views, space to entertain, or convenient access to South Florida’s best, this rental is the perfect choice for those seeking a waterfront tranquil retreat. 1 year or less lease terms considered. Anything over 1 year would be month-to-month. Pets OK! Tenant to maintain pool and lawn and pay annual trash bill.

Last Agent to Rent the Property

Dennis Carvajal

One Sotheby's International Realty License #3034699 Listed on: 12/02/2024

One Sotheby's International Realty

Last Renter's Agent

Dennis Carvajal

One Sotheby's International Realty License #3034699 Listed on: 12/02/2024

One Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,546

Year Built

  • Built in 1968

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 139x145
  • Waterfront
  • Fenced
  • Property is zoned 0100

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Circular Driveway
  • Parking Garage Space
  • Open Parking

Home Design

  • Ranch Style House
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,528 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • French Doors
  • Family Room
  • Den
  • Tile Flooring
  • Canal Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Maid or Guest Quarters

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • No Fixed Bridges
  • Canal Width is 121 Feet or More
  • Seawall
  • Boat Hoist or Davit
  • Private Dock

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 12/1/24
  • 12 Months,Short Term Lease,Month To Month Lease Term
  • Assessor Parcel Number 03-51-05-008-0040

Community Details

Overview

  • No Home Owners Association
  • Voluntary home owners association
  • Old Cutler Bay Sec 4 Subdivision
  • Maintained Community
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,546

Year Built

Built in 1968

Lot Details

0

Parking

2

Rental Info

  • Pets Allowed: Yes
  • Available Date: 2024-12-01
  • Lease Term: 12 Months,Short Term Lease,Month To Month

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1968
  • Property Sub Type: Single Family Residence
  • Architectural Style: First Floor Entry, Ranch
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock,Unrestricted Salt Water Access, Electric Available,Hoist/Davit
  • Lease Assignable: No
  • Lot Size: 139x145
  • New Construction: No
  • Structure Type: Single Family-Annual, House
  • Subdivision Name: OLD CUTLER BAY SEC 4
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Refrigerator, Washer
  • Interior Amenities: Built-in Features, French Doors, Den/Library/Office, Family Room, Maid'S Quarters
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 3528
  • Other Equipment: Automatic Garage Door Opener
  • Bedroom Features: Entry Level
  • Living Room Features: Den/Library/Office, Family Room, Maid'S Quarters

Exterior Features

  • View: Canal
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Width 121 Feet Or More, No Fixed Bridges, Ocean Access, Seawall
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: OLD CUTLER BAY SEC 4
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Parking Garage, Slab/Strip, No Rv/Boats, No Trucks/Trailers

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Gated with Guard, Security Patrol

Condo/Co-op/Association

  • Amenities: Guard At Gate, Maintained Community, Security Patrol
  • Association: No
  • Community Features: Gated Community, Security Patrol, Voluntary Hoa

Lot Info

  • Parcel Number: 03-51-05-008-0040
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 20300
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2024
Closed on
Oct 25, 2024
Sold by
Irvin Mary Frances
Bought by
Four Cps Genesis I Llc
Seller's Agent
Ashley Cusack
BHHS EWM Realty
Buyer's Agent
Dennis Carvajal
One Sotheby's International Realty
List Price
$9,500,000
Sold Price
$9,500,000
Current Estimated Value
$8,175,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,324,611
Avg. Annual Appreciation
-19.31%

Purchase Details

Closed on
Feb 21, 2024
Sold by
Irvin Mary Frances
Bought by
Irvin Mary Frances
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
Four Cps Genesis I Llc -- Real Property Title Group
Four Cps Genesis I Llc -- Real Property Title Group
Irvin Mary Frances -- None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2025 02/06/25 Rented $12,500 0.0% --
01/16/2025 01/16/25 Price Changed $12,500 -30.6% $4 / Sq Ft
12/02/2024 12/02/24 For Rent $18,000 0.0% --
10/31/2024 10/31/24 Sold $9,500,000 0.0% $2,693 / Sq Ft
09/26/2024 09/26/24 Pending -- -- --
09/12/2024 09/12/24 For Sale $9,500,000 -- $2,693 / 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 $28,546 $1,344,348 -- --
2023 $28,546 $1,305,193 $0 $0
2022 $26,896 $1,267,178 $0 $0
2021 $26,844 $1,230,270 $0 $0
2020 $26,587 $1,213,285 $0 $0
2019 $27,022 $1,186,007 $0 $0
2018 $25,029 $1,163,894 $0 $0
2017 $24,854 $1,139,955 $0 $0
2016 $24,330 $1,116,509 $0 $0
2015 $24,548 $1,108,748 $0 $0
2014 $24,201 $1,099,949 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11700221

MIAMI REALTORS® MLS

APN: 03-5105-008-0040