$5,350,000
SOLD MAR 11, 2021
5 Beds
4 Baths
3,718 Sq Ft
0.47 Acres

Recently Sold

$1,439 Per Sq Ft

3% Below List Price

89 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • Sitting Area In Primary Bedroom
  • Sunset Elementary School Rated A
  • Outdoor Pool
  • Gated Community

About This Home

As of March 2021

Elegant waterfront residence located in the coveted gated community of Old Cutler Bay. Situated on a lush and tropical lot with southern exposure & a fabulous view, the home has 5 beds/4 baths. Owner's suite includes a walk-in closet, a sitting area, wood floors & French doors to terrace. Archway details in the living room, French doors opening to large covered terrace to enjoy the bay breezes & pool. A well-equipped kitchen with striking views of the lagoon leads to the large family room that features a wet bar perfect for entertaining. Dining centrally located between kitchen, family and living room with water views, also. Other features include 140 ft +/- water-frontage, watercraft davits, fountain, impact windows/doors, and two & a half car garage with ample access space to navigate.

Last Agent to Sell the Property

Dennis Carvajal

One Sotheby's International Realty License #3034699 Listed on: 10/29/2020

One Sotheby's International Realty

Last Buyer's Agent

Ashley Cusack

BHHS EWM Realty License #0578555

BHHS EWM Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,403

Year Built

  • Built in 1967

Lot Details

  • 0.47 Acre Lot
  • 140 Ft Wide Lot
  • Home fronts a canal
  • North Facing Home
  • Fenced
  • Property is zoned 0100

HOA Fees

  • $83 Monthly HOA Fees

Parking

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

Property Views

  • Lagoon
  • Canal

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,718 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Drapes & Rods
  • French Doors
  • Entrance Foyer
  • Formal Dining Room
  • Den

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Flooring

  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Maid or Guest Quarters
  • 4 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door

Pool

  • Outdoor Pool
  • Pool Equipment Stays

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Boat Hoist or Davit
  • Private Dock
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 03-51-05-008-0280

Community Details

Overview

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

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,403

Year Built

Built in 1967

Lot Details

0

HOA Fees

$83 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1967
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boat Hoists/Davits,Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: OLD CUTLER BAY SEC 4,OLD CUTLER BAY
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Entrance Foyer, French Doors, Den/Library/Office, Maid/In-Law Quarters, Utility Room/Laundry
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Door Features: High Impact Doors, French Doors
  • Entry Location: Foyer
  • Flooring: Marble, Tile
  • Furnished: Unfurnished
  • Living Area: 3718
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Window Features: Drapes, High Impact Windows, Impact Glass
  • Bedroom Features: Entry Level, Sitting Area - Master Bedroom
  • Dining Room Features: Breakfast Area, Formal Dining, Snack Bar/Counter
  • Living Room Features: Den/Library/Office, Maid/In-Law Quarters, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Barrel Roof
  • View: Canal, Lagoon
  • Exterior Features: Lighting
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Disclosures: Disclosure
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Features: Equipment Stays
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Front, No Fixed Bridges
  • 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, Paver Block, No Rv/Boats, No Trucks/Trailers

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association Fee: 1000
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Gated, Gated Community, Paved Road, Security Patrol, Voluntary Hoa
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners, Voluntary

Lot Info

  • Parcel Number: 03-51-05-008-0280
  • Lot Size Sq Ft: 20441
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 26403

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2020
Closed on
Mar 10, 2021
Sold by
Novoa Genaro J and Novoa Angela C
Bought by
Cobb Tobin Templeton and Salazar Cobb Luisa
Seller's Agent
Dennis Carvajal
One Sotheby's International Realty
Buyer's Agent
Ashley Cusack
BHHS EWM Realty
List Price
$5,495,000
Sold Price
$5,350,000
Premium/Discount to List
-$145,000
-2.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.22%
Original Mortgage
$4,000,000
Outstanding Balance
$3,601,973
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$5,612,922

Purchase Details

Closed on
Nov 16, 2012
Sold by
Novoa Genaro J and Novoa Angela C
Bought by
Novoa Genaro J and Novoa Angela E

Purchase Details

Closed on
May 24, 2011
Sold by
Novoa Genaro J and Novoa Angela C
Bought by
Novoa Angela C

Purchase Details

Closed on
Aug 5, 1996
Sold by
Rep Karen Ann Baskinco Per and Jill E Baskin Co Per Rep
Bought by
Novoa Genaro J and Novoa Angela C
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $5,350,000 Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Personal Reps Deed $800,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,000,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 Pending -- -- --
06/26/2025 06/26/25 For Sale $9,995,000 +86.8% $2,688 / Sq Ft
03/11/2021 03/11/21 Sold $5,350,000 -2.6% $1,439 / Sq Ft
01/25/2021 01/25/21 Pending -- -- --
10/28/2020 10/28/20 For Sale $5,495,000 -- $1,478 / 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 $115,999 $6,023,155 -- --
2024 $102,026 $5,475,596 -- --
2023 $102,026 $4,977,815 $0 $0
2022 $87,259 $4,525,287 $4,047,318 $477,969
2021 $73,130 $3,649,564 $3,229,678 $419,886
2020 $26,865 $1,221,029 $0 $0
2019 $26,403 $1,193,577 $0 $0
2018 $25,296 $1,171,322 $0 $0
2017 $24,990 $1,147,231 $0 $0
2016 $24,466 $1,123,635 $0 $0
2015 $24,685 $1,115,825 $0 $0
2014 $24,341 $1,106,970 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10949733

MIAMI REALTORS® MLS

APN: 03-5105-008-0280