NOT LISTED FOR SALE

5705 SW 114th Terrace Miami, FL 33156

Estimated Value: $5,085,440 - $5,743,000

6 Beds
6.5 Baths
4,301 Sq Ft
$1,289/Sq Ft Est. Value

Last Sold October 24, 2023

Last sale price $5,150,000 $1,197 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $35,901/month

102 Days on Market

Highlights

  • New Construction
  • In Ground Pool
  • Wood Flooring
  • Pinecrest Elementary School Rated A
  • Sitting Area In Primary Bedroom
  • Garden View

About This Home

As of October 2023

Pinecrest Acre+ Corner Estate | Fully Rebuilt 2023. A symphony of space, light & green views transforms this home into a retreat w/every detail a flawless achievement of custom-design, expertly crafted. A turf+cement driveway winds thru the gate & botanical garden to an automated pivot front dr w/fingerprint option. A vast open plan is unified by porcelain flrs & illuminated by recessed lights+natural light pouring thru banks of glass drs & picture windows, displaying the pool, covered lounge w/fabulous alfresco kitchen feat. black slab/wood accent counters, and lush sprawling garden. Wide-plank white oak flrs warm the bdrms’ ambiance. Quartz island & counters adorn the chef’s kitchen. Master suite incl. bonus rm. 2CG enhanced w/finished flrs+adj a/c bonus rm. 3 blks to Pinecrest Gardens.

Last Agent to Sell the Property

Monica Betancourt

Coldwell Banker Realty License #3126969 Listed on: 07/13/2023

Coldwell Banker Realty

Last Buyer's Agent

Sheri Garzia

Luxe Properties License #3408594

Luxe Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,274

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 1.03 Acre Lot
  • South Facing Home
  • Fenced
  • Property is zoned 2300

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener
  • Driveway
  • Open Parking

Property Views

  • Garden
  • Pool

Home Design

  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,301 Sq Ft Home
  • 1-Story Property
  • Den
  • Utility Room in Garage

Kitchen

  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Sitting Area In Primary Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Garage
  • Washer

Home Security

  • Complete Impact Glass
  • High Impact Door

Outdoor Features

  • In Ground Pool
  • Patio
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Bruce Laurie Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 20-50-12-010-0010

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,274

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2023
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Garage Yn: Yes
  • Horses: No
  • New Construction: Yes
  • Structure Type: Pool Only, House
  • Subdivision Name: BRUCE-LAURIE SUB
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 4098

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Gas Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Split Bedroom, Walk-In Closet(s), Den/Library/Office, Utility/Laundry In Garage
  • Spa Yn: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: High Impact Doors
  • Flooring: Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 4301
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Unknown/Withheld
  • Window Features: Complete Impact Glass
  • Bedroom Features: Entry Level, Primary Bedroom Ground Level, Sitting Area - Primary Bedroom
  • Living Room Features: Den/Library/Office, Utility/Laundry In Garage
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Flat Tile
  • View: Garden, Pool
  • Exterior Features: Built-In Grill, Lighting
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: 1 To Less Than 2 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Features: In Ground
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: BRUCE-LAURIE SUB
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Covered, Driveway

Utilities

  • Sewer: Septic Tank
  • 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: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 20-50-12-010-0010
  • Lot Size Sq Ft: 45066
  • Zoning: 2300
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 28274

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2023
Closed on
Oct 23, 2023
Sold by
Arteza Group Llc
Bought by
Batistela 2014 Irrevocable Trust and Magno
Seller's Agent
Monica Betancourt
Coldwell Banker Realty
Buyer's Agent
Sheri Garzia
Luxe Properties
List Price
$5,800,000
Sold Price
$5,150,000
Premium/Discount to List
-$650,000
-11.21%
Views
81
Current Estimated Value
$5,542,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$392,110
Avg. Annual Appreciation
4.14%

Purchase Details

Listed on
Sep 23, 2021
Closed on
Nov 8, 2021
Sold by
George Joseph P and George Beatrice P
Bought by
Arteza Group Llc
Seller's Agent
Elena Kemper
BHHS EWM Realty
Buyer's Agent
Monica Betancourt
Coldwell Banker Realty
List Price
$2,200,000
Sold Price
$1,900,000
Premium/Discount to List
-$300,000
-13.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
66.32%

Purchase Details

Closed on
Jan 30, 2007
Sold by
George Beatrice P
Bought by
George Beatrice P and Beatrice P George Declaration Of Trust

Purchase Details

Closed on
May 11, 2000
Sold by
George Joseph P and George Beatrice P
Bought by
Armatur Inc
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
Batistela 2014 Irrevocable Trust $5,150,000 None Listed On Document
Arteza Group Llc $1,900,000 A & A Title
George Beatrice P -- Attorney
Armatur Inc $390,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2023 10/24/23 Sold $5,150,000 -5.5% $1,197 / Sq Ft
08/07/2023 08/07/23 Price Changed $5,450,000 -6.0% $1,267 / Sq Ft
07/13/2023 07/13/23 For Sale $5,800,000 +205.3% $1,349 / Sq Ft
11/08/2021 11/08/21 Sold $1,900,000 -13.6% $491 / Sq Ft
09/23/2021 09/23/21 For Sale $2,200,000 -- $568 / 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 $68,441 $4,190,985 $2,478,630 $1,712,355
2024 $33,766 $3,870,341 $2,140,650 $1,729,691
2023 $33,766 $1,738,878 $0 $0
2022 $28,274 $1,580,799 $1,241,577 $339,222
2021 $12,151 $680,569 $0 $0
2020 $12,015 $671,173 $0 $0
2019 $11,801 $656,084 $0 $0
2018 $11,284 $643,851 $0 $0
2017 $18,618 $630,609 $0 $0
2016 $10,989 $617,639 $0 $0
2015 $11,124 $613,346 $0 $0
2014 $11,264 $608,479 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Monica Betancourt

    Seller's Agent in 2023

    Monica Betancourt

    Coldwell Banker Realty

    (305) 632-7248

    10 in this area

    122 Total Sales

    Section Image
  • Sheri Garzia

    Buyer's Agent in 2023

    Sheri Garzia

    Luxe Properties

    (305) 360-9802

    1 in this area

    36 Total Sales

    Section Image
  • Elena Kemper

    Seller's Agent in 2021

    Elena Kemper

    BHHS EWM Realty

    (305) 799-1184

    23 in this area

    192 Total Sales

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11418514

MIAMI REALTORS® MLS

APN: 20-5012-010-0010

Florida Miami/Dade County Miami 33156

5705 SW 114th Terrace, Miami, FL

This home is located at 5705 SW 114th Terrace, Miami, FL 33156 since 13 July 2023 and is currently estimated at $5,542,110, approximately $1,288 per square foot. This property was built in 2023. 5705 SW 114th Terrace is a home located in Miami-Dade County with nearby schools including Pinecrest Elementary School, Palmetto Middle School, and Miami Palmetto Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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