NOT LISTED FOR SALE

700 Casuarina Concourse Miami, FL 33143

Gables Estates Neighborhood

Estimated Value: $4,364,000 - $56,370,594

9 Beds
11.5 Baths
17,025 Sq Ft
$1,784/Sq Ft Est. Value

Last Sold April 03, 2020

Last sale price $30,000,000 $1,762 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $208,865/month

523 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • 2 Bedroom Guest House
  • Sunset Elementary School Rated A
  • Guest House
  • Heated Pool

About This Home

As of April 2020

Lush, tropical landscaping is the essence of El Palmar, a truly unique residence located in the heart of Coral Gables on one of its largest waterfront properties. A majestic, storybook setting crafted by renowned architect Cesar Molina and landscape artist Raymond Jungles. El Palmar is showcased as art, with native species, a stunning koi pond and coral rock pathways harvested on site. An open family room, a quiet library, a 2,000-bottle wine cellar, an expansive kitchen, pub-style bar, living room with fireplace, a private service wing and an elevator. Impressive summer kitchen, large pool and boathouse offer the perfect environment to unwind. A private and custom 110’x36’ boat inlet keeps water-crafts & allows for uninterrupted water views - a total of 335’+/- of water frontage.

Last Agent to Sell the Property

Dennis Carvajal

One Sotheby's International Realty License #3034699 Listed on: 09/06/2018

One Sotheby's International Realty

Last Buyer's Agent

Yvette Rivero

Mocca Realty, LLC. License #3327321

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $195,713

Year Built

  • Built in 2006

Lot Details

  • 3.35 Acre Lot
  • 335 Ft Wide Lot
  • Waterfront
  • West Facing Home
  • Fenced
  • Property is zoned 0100

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 6 Car Attached Garage
  • Parking Available
  • Automatic Garage Door Opener
  • Driveway
  • Paver Block
  • Guest Parking
  • Open Parking

Home Design

  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 17,025 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bar
  • Vaulted Ceiling
  • Fireplace
  • Casement Windows
  • French Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Storage Room
  • Lagoon Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Walk-In Closet
  • Two Primary Bathrooms
  • Maid or Guest Quarters
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • Heated Pool
  • Outdoor Pool
  • Outdoor Shower
  • Pool Equipment Stays

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Canal Width is 121 Feet or More
  • Seawall
  • Boat Hoist or Davit
  • Private Dock
  • Deck
  • Patio
  • Exterior Lighting
  • Shed
  • Outdoor Grill

Additional Homes

  • Guest House
  • 2 Bedroom Guest House
  • Two Bathroom Guest House

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 03-41-32-019-0050

Community Details

Overview

  • Club Membership Required
  • Gables Estates No 2,Gables Estates Subdivision
  • Mandatory home owners association
  • Maintained Community

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$195,713

Year Built

Built in 2006

Lot Details

3.35 Acres

HOA Fees

$500 per month

Parking

6

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boat Hoists/Davits,Private Dock, Electric Available,Lift,Parking,Private Dock,Water Available
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: GABLES ESTATES NO 2,GABLES ESTATES
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_GuestHouseDescription: 2 Baths, 2 Bedrooms
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Gas Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Bar, Built-in Features, Closet Cabinetry, Elevator, Entrance Foyer, French Doors, Pantry, Vaulted Ceiling(s), Volume Ceilings, Walk-In Closet(s), Den/Library/Office, Family Room, Maid/In-Law Quarters, Recreation Room, Storage
  • Full Bathrooms: 11
  • Half Bathrooms: 1
  • Total Bedrooms: 9
  • Door Features: High Impact Doors, French Doors
  • Entry Location: Foyer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 17025
  • Other Equipment: Whole House Permanent Generator, Automatic Garage Door Opener, Elevator
  • Possible Use: Unknown/Withheld
  • Window Features: Complete Impact Glass, Casement, High Impact Windows, Impact Glass
  • Bedroom Features: Sitting Area - Master Bedroom, Master Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Guest House, Maid/In-Law Quarters, Recreation Room, Storage Room
  • Master Bathroom Features: 2 Master Bathrooms, Separate Tub & Shower

Exterior Features

  • Roof: Concrete
  • View: Lagoon
  • Exterior Features: Built-In Grill, Lighting, Outdoor Shower
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Fencing: Fenced
  • Lot Features: 3 To Less Than 4 Acre Lot
  • Other Structures: Extra Building/Shed, Guest House
  • Patio And Porch Features: Deck, Patio
  • Pool Features: Equipment Stays, Heated
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Width 121 Feet Or More, No Fixed Bridges, Seawall
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • 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: 6000
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Gated, Maintained Community, Mandatory Hoa, Security Patrol
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 03-41-32-019-0050
  • Lot Size Sq Ft: 145721
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 195713

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2018
Closed on
Apr 3, 2020
Sold by
Rodriguez Rainaldo and Rodriguez Liana
Bought by
Casuarina Councourse Llc
Seller's Agent
Dennis Carvajal
One Sotheby's International Realty
Buyer's Agent
Yvette Rivero
Mocca Realty, LLC.
List Price
$45,000,000
Sold Price
$30,000,000
Premium/Discount to List
-$15,000,000
-33.33%
Current Estimated Value
$30,367,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$367,297
Avg. Annual Appreciation
0.21%
Original Mortgage
$20,000,000
Outstanding Balance
$17,492,798
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$12,874,499

Purchase Details

Closed on
May 23, 2001
Sold by
Michael D Jones M and Michael Laura C
Bought by
Unanue Franciseo R

Purchase Details

Closed on
May 22, 2000
Sold by
Miramar Real Estate Holdings Ii Inc
Bought by
Rodriguez Rainaldo and Rodriguez Liana

Purchase Details

Closed on
Aug 4, 1998
Sold by
Inversiones Edyasa Bvi Ltd
Bought by
Miramar Real Estate Holdings Ii Inc

Purchase Details

Closed on
Jun 9, 1998
Sold by
Clerk Of The Court
Bought by
Inversiones Edyada Bvi Ltd
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 Buyer Sale Price Title Company
Casuarina Councourse Llc $30,000,000 Attorney
Unanue Franciseo R $4,250,000 --
Rodriguez Rainaldo $3,000,000 --
Miramar Real Estate Holdings Ii Inc $2,800,000 --
Inversiones Edyada Bvi Ltd $1,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Casuarina Councourse Llc $20,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2020 04/03/20 Sold $30,000,000 -33.3% $1,762 / Sq Ft
09/06/2018 09/06/18 For Sale $45,000,000 -- $2,643 / 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 $623,110 $29,784,494 -- --
2024 $605,620 $27,076,813 -- --
2023 $605,620 $24,615,285 $0 $0
2022 $409,507 $22,377,532 $15,300,705 $7,076,827
2021 $421,948 $22,421,724 $15,300,705 $7,121,019
2020 $210,961 $11,170,648 $0 $0
2019 $205,850 $10,919,500 $0 $0
2018 $197,284 $10,715,898 $0 $0
2017 $195,713 $10,495,493 $0 $0
2016 $195,584 $10,279,621 $0 $0
2015 $197,928 $10,208,164 $0 $0
2014 $200,629 $10,127,147 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10533565

MIAMI REALTORS® MLS

APN: 03-4132-019-0050

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