NOT LISTED FOR SALE

5740 SW 118th St Coral Gables, FL 33156

Gables By The Sea Neighborhood

Estimated Value: $2,154,000 - $2,691,000

5 Beds
3 Baths
4,104 Sq Ft
$606/Sq Ft Est. Value

Last Sold April 14, 2021

Last sale price $1,380,000 $336 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $15,668/month

21 Days on Market

Highlights

  • In Ground Pool
  • Vaulted Ceiling
  • Main Floor Primary Bedroom
  • Pinecrest Elementary School Rated A
  • Marble Flooring
  • Garden View

About This Home

As of April 2021

Rare & impressive curb appeal Pine Bay Estates 4,601 adj. SqFt home, built by Hollub on an elevated 23,045 SF corner lot in the prestigious Coral Gables/Pinecrest area. Spacious 2-story house with 5BD/3BA split layout all located on the 1st floor. 2nd floor boosts a bright 2nd LR with a wet bar and doors to a terrace that could be perfectly reinvented to your family needs. Beautiful kitchen with cooking island, granite counter top, cabinetry and pantry. Shaded patio with built in BBQ area. Great house for family entertainment. Experience this quiet and security patrolled community, bike on Old Cutler path; walk to Pinecrest Gardens & Sunday Farmer’s Market; Pinecrest Elementary boundary; 5min from Gulliver; close to Palmer; and Beth Am. 1 Pkg garage plus 2 open spaces and a Circular Drive.

Last Agent to Sell the Property

Isabel Dohse

Compass Florida, LLC License #3258548 Listed on: 02/09/2021

Compass Florida, LLC

Last Buyer's Agent

Mercy Quesada

Luxe Properties License #3030968

Luxe Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,720

Year Built

  • Built in 1973

Lot Details

  • 0.53 Acre Lot
  • North Facing Home
  • Corner Lot
  • Property is zoned 0100

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Circular Driveway
  • Guest Parking
  • Open Parking

Property Views

  • Garden
  • Pool

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,104 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Bar
  • Vaulted Ceiling
  • Great Room
  • Family Room
  • Formal Dining Room
  • Den
  • Loft
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Dishwasher
  • Cooking Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Outdoor Features

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

Location

  • East of U.S. Route 1

Schools

  • Pinecrest Elementary School
  • Palmetto Middle School
  • Miami Palmetto High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 03-50-12-034-0130

Community Details

Overview

  • Pine Bay Estates Sec No 2,Pine Bay Estates Subdivision

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,720

Year Built

Built in 1973

Lot Details

0

HOA Fees

$40 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1973
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: PINE BAY ESTATES SEC NO 2,PINE BAY ESTATES
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Bar, Built-in Features, Cooking Island, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Den/Library/Office, Family Room, Great Room, Loft, Utility Room/Laundry
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Carpet, Marble, Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 4104
  • Possible Use: Unknown/Withheld
  • Window Features: Hurricane Shutters
  • Bedroom Features: Master Bedroom Ground Level
  • Dining Room Features: Eat-In Kitchen, Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Great Room, Loft, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Barrel Roof
  • View: Garden, Pool
  • Exterior Features: Barbeque, Built-In Grill, Lighting
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot, Corner Lot, East Of US 1
  • Patio And Porch Features: Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: PINE BAY ESTATES SEC NO 2
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway, Guest

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
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association Fee: 475
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Security Patrol
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: Pinecrest
  • High School: Miami Palmetto
  • Middle Or Junior School: Palmetto

Lot Info

  • Parcel Number: 03-50-12-034-0130
  • Lot Size Sq Ft: 23045
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 24720

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2024
Sold by
Cabanas Aida L and Cabanas Melissa Marie
Bought by
Melissa Marie Cabanas Revocable Trust and Cabanas
Current Estimated Value
$2,486,542

Purchase Details

Listed on
Feb 9, 2021
Closed on
Mar 6, 2021
Sold by
Ferracina Leonardo and Maragno Roberta
Bought by
Cabanas Melissa Marie and Cabanas Aida Lucia
Seller's Agent
Isabel Dohse
Compass Florida, LLC
Buyer's Agent
Mercy Quesada
Luxe Properties
List Price
$1,570,000
Sold Price
$1,380,000
Premium/Discount to List
-$190,000
-12.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.11%
Original Mortgage
$730,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 15, 2013
Closed on
Oct 23, 2013
Sold by
Simovitch Harvey and Simovitch Rona Mae
Bought by
Ferracina Leonardo and Maragno Roberta
Seller's Agent
Rona Simovitch
Coldwell Banker Realty
Buyer's Agent
Ricardo Gross
GRG Intl. Properties LLC
List Price
$1,389,000
Sold Price
$1,280,000
Premium/Discount to List
-$109,000
-7.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.01%
Original Mortgage
$960,000
Interest Rate
4.75%
Mortgage Type
New Conventional
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
Melissa Marie Cabanas Revocable Trust -- None Listed On Document
Melissa Marie Cabanas Revocable Trust -- None Listed On Document
Cabanas Melissa Marie $1,380,000 Attorney
Cabanas Melissa Marie $1,380,000 None Listed On Document
Ferracina Leonardo $1,280,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cabanas Melissa Marie $730,000
Previous Owner Ferracina Leonardo $960,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/14/2021 04/14/21 Sold $1,380,000 -12.1% $336 / Sq Ft
02/16/2021 02/16/21 Pending -- -- --
01/26/2021 01/26/21 For Sale $1,570,000 +22.7% $383 / Sq Ft
10/25/2013 10/25/13 Sold $1,280,000 -7.8% $281 / Sq Ft View Prior Sale
08/15/2013 08/15/13 For Sale $1,389,000 -- $305 / 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 $28,715 $1,505,680 -- --
2024 $28,086 $1,463,246 -- --
2023 $28,086 $1,420,628 $0 $0
2022 $28,213 $1,379,251 $691,350 $687,901
2021 $25,864 $1,176,496 $518,512 $657,984
2020 $24,720 $1,184,306 $518,512 $665,794
2019 $25,534 $1,284,333 $610,692 $673,641
2018 $25,393 $1,264,525 $583,038 $681,487
2017 $25,194 $1,219,370 $0 $0
2016 $23,849 $1,135,035 $0 $0
2015 $24,003 $1,133,078 $0 $0
2014 $22,924 $1,061,647 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Isabel Dohse

    Seller's Agent in 2021

    Isabel Dohse

    Compass Florida, LLC

    (786) 303-5151

    1 in this area

    37 Total Sales

    Isabel Dohse
    Section Image
  • Mercy Quesada

    Buyer's Agent in 2021

    Mercy Quesada

    Luxe Properties

    (305) 392-1497

    1 in this area

    41 Total Sales

    Mercy Quesada
    Section Image
  • Ernesto Bascuas

    Buyer Co-Listing Agent in 2021

    Ernesto Bascuas

    Compass Florida, LLC

    (786) 417-1290

    3 in this area

    95 Total Sales

    Ernesto Bascuas
    Section Image

  • R

    Seller's Agent in 2013

    Rona Simovitch

    Coldwell Banker Realty

    (305) 666-5922

    4 Total Sales

    Rona Simovitch
    Section Image
  • John Seidel

    Seller Co-Listing Agent in 2013

    John Seidel

    Coldwell Banker Realty

    (786) 488-9756

    48 Total Sales

    John Seidel
    Section Image
  • Ricardo Gross

    Buyer's Agent in 2013

    Ricardo Gross

    GRG Intl. Properties LLC

    (786) 271-4278

    11 Total Sales

    Ricardo Gross
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10994778

MIAMI REALTORS® MLS

APN: 03-5012-034-0130

Florida Miami/Dade County Coral Gables 33156 Gables By The Sea

5740 SW 118th St, Coral Gables, FL

This home is located at 5740 SW 118th St, Coral Gables, FL 33156 since 09 February 2021 and is currently estimated at $2,486,542, approximately $605 per square foot. This property was built in 1973. 5740 SW 118th St 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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