$10,000,000
SOLD NOV 8, 2024
5 Beds
3 Baths
2,591 Sq Ft
0.68 Acres

Recently Sold

$3,860 Per Sq Ft

18% Below List Price

57 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Up to 100-Foot Boat
  • Sunset Elementary School Rated A
  • Deeded Boat Dock
  • Boating

About This Home

As of November 2024

A distinguished trophy property boasting the largest waterfrontage, featuring 363 linear feet on the bay with direct Ocean Access in the prestigious Old Cutler Bay community. The expansive 29,838 SF lot with 363-foot seawall capable of handling 100+ vessels, nestled on the wide private serene basin overlooking Gables Estates. Features include 58ft dock with PVC decking, updated concrete seawall and boatlift with 10,000lb capacity. Build your dream home or move into updated 5BD/3BA pool home with CGI impact windows/doors, formal liv/din/fam rooms. Conveniently located near Miami's top private and public schools, as well as premier dining, shopping and entertainment options.

Last Agent to Sell the Property

Jack Mc Alister

One Sotheby's International Realty License #0550864 Listed on: 08/06/2024

One Sotheby's International Realty

Last Buyer's Agent

Saddy Delgado

One Sotheby's International Realty License #0430423

One Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $155,540

Year Built

  • Built in 1966

Lot Details

  • 0.68 Acre Lot
  • Property Fronts a Bay or Harbor
  • South Facing Home
  • Fenced
  • Property is zoned 0100

Parking

  • 2 Car Attached Garage
  • Circular Driveway
  • Open Parking

Property Views

  • Ocean
  • Bay

Home Design

  • Flat Tile Roof

Interior Spaces

  • 2,591 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Casement Windows
  • Family Room
  • Den
  • Tile Flooring

Kitchen

  • Electric Range
  • <<microwave>>
  • Ice Maker
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

  • Complete Impact Glass
  • High Impact Door
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Pool Equipment Stays
  • Auto Pool Cleaner

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Boat Lift
  • Boat Hoist or Davit
  • Up to 100-Foot Boat
  • Deeded Boat Dock
  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 03-51-05-005-0030

Community Details

Overview

  • Property has a Home Owners Association
  • Voluntary home owners association
  • Old Cutler Bay Sec 1 Subdivision

Recreation

  • Boating

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$155,540

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1966
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlift,Boat Hoists/Davits,Private Dock, Dock Owned/Included,Electric Available,Lift,Private Dock,Up to 100 Ft Boat,Water Available
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: OLD CUTLER BAY SEC 1
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Den/Library/Office, Family Room
  • Spa Yn: No
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 2591
  • Possible Use: Unknown/Withheld
  • Window Features: Complete Impact Glass, Blinds, Casement, Impact Glass
  • Bedroom Features: Entry Level, Primary Bedroom Ground Level
  • Living Room Features: Den/Library/Office, Family Room
  • Master Bathroom Features: Bidet, Dual Sinks, Shower Only

Exterior Features

  • Roof: Flat Tile
  • View: Bay, Ocean
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Features: Automatic Chlorination, Auto Pool Clean, In Ground, Equipment Stays
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, No Fixed Bridges, Seawall
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: OLD CUTLER BAY SEC 1
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Boating, Security Patrol, Voluntary Hoa
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Other

Lot Info

  • Parcel Number: 03-51-05-005-0030
  • Lot Size Sq Ft: 29838
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 155540

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2024
Closed on
Nov 8, 2024
Sold by
Donnelly Kelly and Solares Tracy
Bought by
Villa Mar-A-Tao Llc
Seller's Agent
Jack Mc Alister
One Sotheby's International Realty
Buyer's Agent
Saddy Delgado
One Sotheby's International Realty
List Price
$12,200,000
Sold Price
$10,000,000
Premium/Discount to List
-$2,200,000
-18.03%
Views
26
Current Estimated Value
$9,716,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$283,092
Avg. Annual Appreciation
-4.20%

Purchase Details

Closed on
Feb 2, 2022
Sold by
Pittman Hernandez Jane
Bought by
Jane Pittman Hernandez Living Trust

Purchase Details

Closed on
Aug 25, 1998
Sold by
Pearson Raymond L and Pearson Dorothy B
Bought by
Hernandez Agustin and Hernandez Jane P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
6.91%
Mortgage Type
New Conventional
Source: Public Records

Similar Homes in the area

  • 431 Costanera Rd, Coral Gables, FL 33143

    $11,500,000

    • 7 Beds
    • 9 Baths
    • 9,640 Sq Ft
    • 431 Costanera Rd
    • Coral Gables, FL

    Welcome to a luxurious oasis located on the water in sought after Islands of Cocoplum in Coral Gables. This beautiful home was built by a prominent Miami Architect on a quiet street at the end of a beautiful cul-de-sac. Great floorplan, high ceilings and generous sized bedrooms. This property has lush greenery and 20-foot to 30-foot palm trees. It is incredible for welcoming family and friends.

    Karin Figueroa Cisneros One Sotheby's International Realty

    Section Image
  • 3916 Granada Blvd, Coral Gables, FL 33134

    $8,600,000

    • 6 Beds
    • 8 Baths
    • 7,451 Sq Ft
    • 3916 Granada Blvd
    • Coral Gables, FL

    Gables Grandeur! Immaculate French inspired estate directly on the Gables waterway & prestigious Biltmore Golf Course. Situated on an oversized & gated 17,800SF lot with spectacular Vizcaya-like sculptured gardens. Boasting unique character, intricate moldings & craftsmanship throughout w/ 7,451SF of living space. Completely renovated in 2023, the home offers all new bathrooms, bar, laundry room,

    Nancy Batchelor Compass Florida, LLC.

    Section Image
  • 9370 Balada St, Coral Gables, FL 33156

    $10,900,000

    • 5 Beds
    • 4 Baths
    • 3,997 Sq Ft
    • 9370 Balada St
    • Coral Gables, FL

    Welcome to the exclusive private and gaurd gated community of Old Cutler Bay! Rare opportunity to build your dream home! This home features 5 Beds 4 Baths, 4,000 sqft on a 22,349 Sqft LOT, 4 Car garage, Direct Ocean Access with 140ft of Waterfrontage on a perfect rectangular Lot. Located on a quiet Cul-De-Sac in the best and safest communities in Coral Gables with top schools, shops and

    Andres Morales Coldwell Banker Realty

    Section Image
  • 600 Marquesa Dr, Coral Gables, FL 33156

    $9,995,000

    • 5 Beds
    • 4 Baths
    • 3,718 Sq Ft
    • 600 Marquesa Dr
    • Coral Gables, FL

    Situated on a 20,441 square foot lot with 141’ on the water and no bridges to the Bay, this 5 bedroom, 4 bathroom home has been immaculately maintained and enjoys spectacular views! Located within the guard-gated community of Old Cutler Bay and in the highly-regarded Sunset Elementary School District, this is a prime opportunity to renovate and expand or to build a new home on the water! The home

    Ashley Cusack BHHS EWM Realty

    Section Image
  • 9490 Old Cutler Ln, Coral Gables, FL 33156

    $12,500,000

    • 7 Beds
    • 5.5 Baths
    • 6,371 Sq Ft
    • 9490 Old Cutler Ln
    • Coral Gables, FL

    Discover Journey’s End, a prestigious private and guard-gated enclave in Coral Gables near Matheson Hammock Park. This exclusive waterfront community offers just 18 estate homes on one to two-acre lots, blending modern luxury with rich architectural history. Within this coveted setting, a 1.5-acre property awaits, surrounded by majestic banyan and oak trees for ultimate privacy. This rare

    Michael Martinez One Sotheby's International Realty

    Section Image
  • 4895 SW 88th St, Miami, FL 33156

    $12,000,000

    • 3 Beds
    • 3 Baths
    • 5,128 Sq Ft
    • 4895 SW 88th St
    • Miami, FL

    Designed by renowned Miami architect Chayo Frank as his personal home, this one-of-a-kind residence is nestled in the heart of Ponce Davis, embracing its lush South Florida setting. Built with a commercial structural steel frame encased in California Redwood, the 5,128 sq ft home features a vast living room with walls of glass overlooking a tropical garden. Inspired by the organic style of Frank

    Jennifer Goldstein Douglas Elliman

    Section Image
  • 4710 Pine Dr, Miami, FL 33143

    $10,875,000

    • 6 Beds
    • 5.5 Baths
    • 4,229 Sq Ft
    • 4710 Pine Dr
    • Miami, FL

    Luxurious Gated Estate in Prestigious Ponce DavisWelcome to your private oasis on Pine Drive, a spectacular 6BR/5.5BA estate on over an acre of lush landscaping. Reimagined in 2021, featuring an Elan smart home system, security cameras, impact windows, new roof, HVAC, and Tesla charger. The gourmet kitchen boasts top-tier stainless appliances, a walk-in pantry, and seamless entertaining flow.

    Marilyn Miguel Miami Real Estate Global, Inc

    Section Image
  • 9000 School House Rd, Coral Gables, FL 33156

    $9,995,000

    • 5 Beds
    • 3.5 Baths
    • 3,762 Sq Ft
    • 9000 School House Rd
    • Coral Gables, FL

    Best view lot in Hammock Lake on widest part of the lake and longest view. Seize the rare opportunity to craft your lakefront sanctuary in prestigious, gated Hammock Lake. Nestled on a lush acre, this prime lot and residence promise breathtaking sunset vistas. Expand and enhance the existing Mid Century single-story home, or build your own masterpiece from the ground up. Situated in one of Coral

    Tere Shelton Bernace Shelton and Stewart REALTORS

    Section Image
  • 8252 School House Rd, Coral Gables, FL 33143

    $10,900,000

    • 6 Beds
    • 7.5 Baths
    • 8252 School House Rd
    • Coral Gables, FL

    Nestled in the exclusive Ponce-Davis neighborhood, this timeless French-inspired estate offers a blend of classic elegance and refined comfort. Set on over 51,000 square feet of lush, gated grounds, the home was crafted by Palmira Homes and features expansive living spaces designed for gracious living and effortless entertaining. A stately foyer opens to a formal salon, library, media room, and a

    Ale Alfonzo Compass Florida, LLC.

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Warranty Deed $10,000,000 None Listed On Document
Special Warranty Deed -- Packman Neuwahl & Rosenberg Pa
Warranty Deed $854,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $580,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2024 11/08/24 Sold $10,000,000 -18.0% $3,860 / Sq Ft
10/02/2024 10/02/24 Pending -- -- --
08/06/2024 08/06/24 For Sale $12,200,000 -- $4,709 / 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
2024 $155,540 $9,021,093 -- --
2023 $155,540 $8,200,994 $7,975,697 $225,297
2022 $25,772 $1,156,411 $0 $0
2021 $25,727 $1,122,730 $0 $0
2020 $24,586 $1,107,229 $0 $0
2019 $25,061 $1,082,336 $0 $0
2018 $24,035 $1,062,156 $0 $0
2017 $22,989 $1,040,310 $0 $0
2016 $23,132 $1,018,913 $0 $0
2015 $22,662 $1,011,831 $0 $0
2014 $22,289 $1,003,801 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11633945

MIAMI REALTORS® MLS

APN: 03-5105-005-0030