NOT LISTED FOR SALE

650 Casuarina Concourse Miami, FL 33143

Gables Estates Neighborhood

Estimated Value: $8,295,000 - $60,023,226

8 Beds
14.5 Baths
19,042 Sq Ft
$1,794/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $45,250,000 $2,376 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $232,472/month

727 Days on Market

Highlights

  • Property has ocean access
  • Guest House
  • Media Room
  • Private Dock
  • 1 Bedroom Guest House
  • New Construction

About This Home

As of May 2022

THIS SPECTACULAR ESTATE IN THE EXCLUSIVE GATED COMMUNITY OF GABLES ESTATES, OFFERS 22,374 SQFT, ON 87,125 SQFT LOT, 8 BD,14.5 BA,345 FT. EXPANDED LAGOON WATERVIEW.. BY PRESTIGIOUS ARCHITECT ERIC BREWER. ELEGANT,MODERN SOPHISTICATED ARCHITECTURE W/AN IMPRESSIVE IN LARGE SCALE HOME DESIGNED W/THE FINEST IMPORTED FINISHES. PYRGON, MARBLE & WOOD FLOORS. PERGOLAS ,WATERFALL,POOLS LEADS TO THE IMPRESSIVE FOYER & LIVING ROOM DOUBLE VOLUME CEILINGS. THIS SMART HOME BY CRESTONS SYSTEM CONTROL LIGHTING,AC,TVs,MUSIC,ETC. A WATERVIEW MASTER SUITE W/PRIVATE OFFICE,HIS & HERS MARMOL BATHROOMS,CUSTOM-BUILT CLOSETS,AMAZING BALCONY OVERLOOKING THE GUEST HOUSE,POOL,GYM. PROFESSIONAL KITCHEN W/ TOP OF THE LINE WOLF,MIELE & SUBZERO APPLIANCES,5,000 BOTTLE WINE CELLAR,SUMMER KITCHEN,THEATER,SAUNA, MASSAGE ROOM

Last Agent to Sell the Property

Saddy Abaunza

Luxury Living Realty License #0674972 Listed on: 04/30/2020

Last Buyer's Agent

Jill Hertzberg

Coldwell Banker Realty License #0551544

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $194,626

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 2 Acre Lot
  • 345 Ft Wide Lot
  • Home fronts a lagoon or estuary
  • North Facing Home
  • Fenced
  • Property is zoned 0100

HOA Fees

  • $625 Monthly HOA Fees

Parking

  • 4 Car Garage
  • 2 Attached Carport Spaces
  • Automatic Garage Door Opener
  • Driveway
  • Paver Block
  • Guest Parking
  • Open Parking

Home Design

  • Split Level Home
  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 19,042 Sq Ft Home
  • Built-In Features
  • Fireplace
  • Casement Windows
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Media Room
  • Den
  • Recreation Room
  • Storage Room
  • Dryer
  • Sauna
  • Lagoon Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Studio bedroom
  • Closet Cabinetry
  • Two Primary Bathrooms
  • Maid or Guest Quarters
  • Bidet
  • Separate Shower in Primary Bathroom

Home Security

  • Security System Leased
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Elevator Installed

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • Energy-Efficient Insulation

Pool

  • Heated Pool
  • Outdoor Pool
  • Pool Bathroom
  • Pool Equipment Stays
  • Auto Pool Cleaner

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Private Dock
  • Deck
  • Exterior Lighting
  • Outdoor Grill

Additional Homes

  • Guest House
  • 1 Bedroom Guest House
  • One Bathroom Guest House
  • Guest House Includes Living Room

Utilities

  • Central Heating and Cooling System
  • Whole House Permanent Generator
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 03-41-32-019-0060

Community Details

Overview

  • Active Adult
  • Club Membership Required
  • Gables Estates No 2 Subdivision
  • Maintained Community

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$194,626

Year Built

Built in 2021 | New Construction

Lot Details

2 Acres

HOA Fees

$625 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 2021
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Three Or More Stories, Split Level
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Habitable Residence: Yes
  • Horses: No
  • Inclusions: Private Dock,Unrestricted Salt Water Access
  • New Construction: Yes
  • Structure Type: House
  • Subdivision Name: GABLES ESTATES NO 2
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_GuestHouseDescription: 1 Bath, 1 Bedroom, Living Room
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: 4098

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Cooking Island, Elevator, Entrance Foyer, Den/Library/Office, Family Room, Maid/In-Law Quarters, Media Room, Recreation Room, Sauna, Storage
  • Spa Yn: Yes
  • Full Bathrooms: 14
  • Half Bathrooms: 1
  • Total Bedrooms: 8
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 19042
  • Other Equipment: Whole House Permanent Generator, Automatic Garage Door Opener, Elevator
  • Possible Use: Unknown/Withheld
  • Window Features: Clear Impact Glass, Complete Impact Glass, Casement, High Impact Windows, Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level, Sitting Area - Master Bedroom, Master Bedroom Upstairs, Studio
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Guest House, Maid/In-Law Quarters, Media Room, Recreation Room, Sauna, Storage Room
  • Master Bathroom Features: 2 Master Bathrooms, Bidet, Separate Tub & Shower

Exterior Features

  • Roof: Concrete
  • View: Lagoon
  • Exterior Features: Built-In Grill, Lighting, Other
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Fencing: Fence
  • Lot Features: 1 To Less Than 2 Acre Lot
  • Other Structures: Guest House
  • Patio And Porch Features: Deck
  • Pool Features: Auto Pool Clean, Equipment Stays, Heated, Pool Bath
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Access, Lagoon, No Fixed Bridges
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: GABLES ESTATES NO 2
  • Carport Spaces: 2
  • Covered Parking Spaces: 6
  • Garage Spaces: 4
  • Open Parking: Yes
  • Parking Features: Attached Carport, Driveway, Guest, Paver Block

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Fire Alarm, Security System Leased

Condo/Co-op/Association

  • Association Fee: 7500
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Gated, Maintained Community, Security Patrol
  • Senior Community: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 03-41-32-019-0060
  • Lot Size Sq Ft: 87125
  • Zoning: 0100

Green Features

  • Efficiency: Appliances, HVAC, Insulation, Lighting

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 194626

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2020
Closed on
May 23, 2022
Sold by
Coastal Drive Ii Inc
Bought by
650 Casuarina Llc
Seller's Agent
Saddy Abaunza
Luxury Living Realty
Buyer's Agent
Jill Hertzberg
Coldwell Banker Realty
List Price
$48,000,000
Sold Price
$45,250,000
Premium/Discount to List
-$2,750,000
-5.73%
Current Estimated Value
$34,159,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,090,887
Avg. Annual Appreciation
-7.24%

Purchase Details

Listed on
Apr 30, 2020
Closed on
Apr 19, 2022
Sold by
Coastal Drive Ii Inc
Bought by
650 Casuarina Llc
Seller's Agent
Saddy Abaunza
Luxury Living Realty
Buyer's Agent
Jill Hertzberg
Coldwell Banker Realty
List Price
$48,000,000
Sold Price
$45,250,000
Premium/Discount to List
-$2,750,000
-5.73%

Purchase Details

Listed on
Oct 15, 2014
Closed on
May 4, 2015
Sold by
Pentel Assets Inc
Bought by
Coastal Drive Ii Inc
Seller's Agent
Jose Boschetti
Compass Florida, LLC
Buyer's Agent
Jose Boschetti
Compass Florida, LLC
List Price
$15,500,000
Sold Price
$11,925,000
Premium/Discount to List
-$3,575,000
-23.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.92%
Original Mortgage
$2,112,000
Interest Rate
3.8%
Mortgage Type
Unknown

Purchase Details

Listed on
Oct 31, 2011
Closed on
Jun 8, 2012
Sold by
Conese Eugene P and Conese Anna May
Bought by
Pentel Assets Ltd
Seller's Agent
Helen Nicastri
MMLS Assoc.-Inactive Member
Buyer's Agent
Andrea Morilla
Luxe Living Realty
List Price
$10,500,000
Sold Price
$10,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.45%
Original Mortgage
$6,825,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 1996
Sold by
Armando and Codina Margarita
Bought by
Conese Eugene P and Conese Anna M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
650 Casuarina Llc $45,250,000 Greenspoon Marder Llp
650 Casuarina Llc $45,250,000 Greenspoon Marder Llp
Coastal Drive Ii Inc $11,925,000 None Available
Pentel Assets Ltd $10,500,000 Attorney
Conese Eugene P $4,150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coastal Drive Ii Inc $2,112,000
Previous Owner Pentel Assets Ltd $6,825,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/20/2022 05/20/22 Sold $45,250,000 -5.7% $2,376 / Sq Ft
04/21/2022 04/21/22 Pending -- -- --
05/17/2021 05/17/21 For Sale $48,000,000 +6.1% $2,521 / Sq Ft
05/10/2021 05/10/21 Off Market $45,250,000 -- --
05/01/2021 05/01/21 Price Changed $48,000,000 +6.7% $2,521 / Sq Ft
05/01/2021 05/01/21 For Sale $45,000,000 -0.6% $2,363 / Sq Ft
02/23/2021 02/23/21 Off Market $45,250,000 -- --
04/24/2020 04/24/20 For Sale $45,000,000 +277.4% $2,363 / Sq Ft
05/15/2015 05/15/15 Sold $11,925,000 -23.1% $861 / Sq Ft View Prior Sale
02/05/2015 02/05/15 Pending -- -- --
10/15/2014 10/15/14 For Sale $15,500,000 +47.6% $1,119 / Sq Ft
06/14/2012 06/14/12 Sold $10,500,000 0.0% $758 / Sq Ft View Prior Sale
03/23/2012 03/23/12 Pending -- -- --
11/11/2011 11/11/11 For Sale $10,500,000 -- $758 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $670,488 $37,072,839 $23,523,750 $13,549,089
2024 $698,217 $36,800,000 $23,105,188 $13,694,812
2023 $698,217 $38,083,044 $24,242,531 $13,840,513
2022 $201,901 $10,981,629 $9,148,125 $1,833,504
2021 $173,758 $9,216,349 $9,148,125 $68,224
2020 $200,377 $10,698,095 $10,629,250 $68,845
2019 $181,827 $9,561,673 $9,496,625 $65,048
2018 $179,656 $9,672,845 $9,496,625 $176,220
2017 $183,132 $9,735,563 $0 $0
2016 $186,265 $9,751,192 $0 $0
2015 $190,638 $9,641,583 $0 $0
2014 $174,343 $8,765,076 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Saddy Abaunza

    Luxury Living Realty

    (305) 799-7790

    2 in this area

    11 Total Sales

    Saddy Abaunza
    Section Image
  • Jill Hertzberg

    Buyer's Agent in 2022

    Jill Hertzberg

    Coldwell Banker Realty

    (305) 788-5455

    4 in this area

    154 Total Sales

    Jill Hertzberg
    Section Image

  • J

    Seller's Agent in 2015

    Jose Boschetti

    Compass Florida, LLC

    (305) 298-0447

    1 in this area

    37 Total Sales

    Jose Boschetti
    Section Image

  • H

    Seller's Agent in 2012

    Helen Nicastri

    MMLS Assoc.-Inactive Member

    Section Image

  • A

    Buyer's Agent in 2012

    Andrea Morilla

    Luxe Living Realty

    4 Total Sales

    Andrea Morilla
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10849817

MIAMI REALTORS® MLS

APN: 03-4132-019-0060

Florida Miami/Dade County Miami 33143 Gables Estates

650 Casuarina Concourse, Miami, FL

Not Listed for Sale

Detached

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