NOT LISTED FOR SALE

5901 SW 116th St Coral Gables, FL 33156

Gables By The Sea Neighborhood

Estimated Value: $6,745,338 - $7,212,000

7 Beds
8 Baths
6,458 Sq Ft
$1,090/Sq Ft Est. Value

Last Sold June 16, 2021

Last sale price $4,850,000 $751 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $43,823/month

39 Days on Market

Highlights

  • Heated In Ground Pool
  • 37,561 Sq Ft lot
  • Marble Flooring
  • Pinecrest Elementary School Rated A
  • Vaulted Ceiling
  • Main Floor Primary Bedroom

About This Home

As of June 2021

Incomparable luxury at the crossroads of Coral Gables and Pinecrest. This brand new custom estate features flawless contemporary design from renowned architect, Giorgio Balli. The open-concept, 9,043 total SF interior boasts 7 bedrooms, 6 bathrooms, 2 half bathrooms, soaring 14'-high ceilings and impact-resistant windows, wood and Imported Italian marble floors, and custom Italkraft kitchen and baths. The ground level features an owner's suite, 2 guest suites, 2,200-bottle wine cellar, the finest contemporary finishes, Elan Smarthome System & ample storage. The outdoor spaces mimic the sleek & sophisticated design of the interior and offer a 44' saltwater pool, 300+ SF covered poolside terrace & summer kitchen...all on nearly an acre of lush grounds. Experience the new standard of luxury!

Last Agent to Sell the Property

Nicolas Boucher

BHHS EWM Realty License #0697698 Listed on: 02/01/2021

BHHS EWM Realty

Last Buyer's Agent

Ruthie Assouline

Douglas Elliman License #3470533

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,250

Year Built

  • Built in 2021 | Under Construction

Lot Details

  • 0.86 Acre Lot
  • North Facing Home
  • Property is zoned 0100

Parking

  • 3 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 6,458 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Blinds
  • Sliding Windows
  • French Doors
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Garden Views

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • Fire and Smoke Detector

Outdoor Features

  • Heated In Ground Pool
  • Balcony
  • Outdoor Grill

Schools

  • Pinecrest Elementary School

Utilities

  • Central Heating and Cooling System
  • Generator Hookup
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 03-50-12-030-0100

Community Details

Overview

  • No Home Owners Association
  • Pine Bay Estates Sec 1 Subdivision

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,250

Year Built

Built in 2021 | Under Construction

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2021
  • 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 1
  • Year Built Details: Under Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: 4098

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Gas Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Entrance Foyer, French Doors, Volume Ceilings, Walk-In Closet(s), Family Room, Other
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Door Features: French Doors
  • Entry Location: Foyer
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 6458
  • Other Equipment: Generator Hookup, Automatic Garage Door Opener
  • Possible Use: Primary
  • Window Features: Complete Impact Glass, Blinds, High Impact Windows, Sliding
  • Bedroom Features: Master Bedroom Ground Level
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen
  • Living Room Features: Family Room, Other
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Concrete
  • View: Garden
  • Exterior Features: Barbeque, Built-In Grill, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Lot Features: 3/4 To Less Than 1 Acre Lot
  • Patio And Porch Features: Open Balcony
  • Pool Features: In Ground, Heated
  • Pool Private: No
  • Property Condition: Under Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: PINE BAY ESTATES SEC 1
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • 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
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: Security Patrol

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Pinecrest

Lot Info

  • Parcel Number: 03-50-12-030-0100
  • Lot Size Sq Ft: 37561
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 18250

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2021
Closed on
Jun 16, 2021
Sold by
Clota 68 Llc
Bought by
Rosenwald Cary and Flynn Victoria
Seller's Agent
Nicolas Boucher
BHHS EWM Realty
Buyer's Agent
Ruthie Assouline
Douglas Elliman
List Price
$4,790,000
Sold Price
$4,850,000
Premium/Discount to List
$60,000
1.25%
Current Estimated Value
$7,038,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,188,835
Avg. Annual Appreciation
9.03%
Original Mortgage
$3,000,000
Outstanding Balance
$2,716,126
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$4,322,709

Purchase Details

Listed on
Nov 14, 2017
Closed on
Jan 4, 2018
Sold by
Reliance Trust Company Of Delaware
Bought by
Clota 68 Llc
Seller's Agent
Josie Wang
Brown Harris Stevens
Buyer's Agent
Nicolas Boucher
BHHS EWM Realty
List Price
$1,450,000
Sold Price
$1,400,000
Premium/Discount to List
-$50,000
-3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.35%

Purchase Details

Listed on
Nov 14, 2017
Closed on
Dec 22, 2017
Sold by
Pfaff Bruce
Bought by
Clota 68 Llc
Seller's Agent
Josie Wang
Brown Harris Stevens
Buyer's Agent
Nicolas Boucher
BHHS EWM Realty
List Price
$1,450,000
Sold Price
$1,400,000
Premium/Discount to List
-$50,000
-3.45%

Purchase Details

Closed on
Dec 21, 2012
Sold by
Pfaff Florence S
Bought by
Pfaff Florence S and Ubs Trust Company Na

Purchase Details

Closed on
Oct 20, 2010
Sold by
Pfaff Florence S
Bought by
Pfaff Florence S and Suntrust Bank

Purchase Details

Closed on
Apr 3, 1997
Sold by
Pfaff Florence and Pfaff Russell
Bought by
Pfaff Russell D and Pfaff Florence S
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
Rosenwald Cary $4,850,000 Attorney
Rosenwald Cary $4,850,000 None Listed On Document
Clota 68 Llc $700,000 Attorney
Clota 68 Llc $700,000 Attorney
Pfaff Florence S -- Attorney
Pfaff Florence S -- Attorney
Pfaff Florence S -- Attorney
Pfaff Russell D $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosenwald Cary $3,000,000
Closed Rosenwald Cary $3,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/16/2021 06/16/21 Sold $4,850,000 +1.3% $751 / Sq Ft
03/12/2021 03/12/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $4,790,000 0.0% $742 / Sq Ft
08/10/2018 08/10/18 Rented $5,000 0.0% --
07/16/2018 07/16/18 Price Changed $5,000 -28.1% $1 / Sq Ft
06/18/2018 06/18/18 Price Changed $6,950 -3.5% $1 / Sq Ft
05/03/2018 05/03/18 Price Changed $7,200 -9.4% $1 / Sq Ft
03/19/2018 03/19/18 Price Changed $7,950 -9.1% $2 / Sq Ft
02/09/2018 02/09/18 For Rent $8,750 0.0% --
01/05/2018 01/05/18 Sold $1,400,000 -3.4% $290 / Sq Ft View Prior Sale
11/21/2017 11/21/17 Pending -- -- --
10/28/2017 10/28/17 For Sale $1,450,000 -- $301 / 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 $76,288 $4,195,108 -- --
2024 $74,541 $4,076,879 -- --
2023 $74,541 $3,958,135 $0 $0
2022 $72,387 $3,842,850 $1,126,830 $2,716,020
2021 $18,657 $845,122 $845,122 $0
2020 $18,250 $845,122 $845,122 $0
2019 $28,409 $1,436,322 $995,366 $440,956
2018 $28,686 $1,394,824 $950,293 $444,531
2017 $15,177 $724,753 $0 $0
2016 $15,828 $709,847 $0 $0
2015 $14,889 $704,913 $0 $0
2014 $14,925 $699,319 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nicolas Boucher

    Seller's Agent in 2021

    Nicolas Boucher

    BHHS EWM Realty

    (305) 788-8035

    1 in this area

    31 Total Sales

    Nicolas Boucher
    Section Image
  • Ruthie Assouline

    Buyer's Agent in 2021

    Ruthie Assouline

    Douglas Elliman

    (212) 891-7000

    1 in this area

    48 Total Sales

    Ruthie Assouline
    Section Image
  • Josie Wang

    Seller's Agent in 2018

    Josie Wang

    Brown Harris Stevens

    (305) 666-9759

    5 in this area

    93 Total Sales

    Josie Wang
    Section Image

  • B

    Buyer's Agent in 2018

    Brian Lundquist

    The R.E. Resource Grp., Inc.

See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10992127

MIAMI REALTORS® MLS

APN: 03-5012-030-0100

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

5901 SW 116th St, Coral Gables, FL

This home is located at 5901 SW 116th St, Coral Gables, FL 33156 since 01 February 2021 and is currently estimated at $7,038,835, approximately $1,089 per square foot. This property was built in 2021. 5901 SW 116th 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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