NOT LISTED FOR SALE

700 Casuarina Concourse Miami, FL 33143

Gables Estates Neighborhood

Estimated Value: $8,766,000 - $58,080,764

9 Beds
11.5 Baths
17,025 Sq Ft
$1,963/Sq Ft Est. Value

Sale Details

Date Sold: April 3, 2020

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

Est. 11% increase in value since last sale

Current estimated payment $232,604 / mo

523 Days on Market

Highlights

  • 335 Feet of Waterfront
  • Heated Pool
  • Sitting Area In Primary Bedroom
  • Property has ocean access
  • Active Adult
  • Gated Community

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. The home’s architecture was inspired by the idyllic island homes of the Caribbean and the seaside masterpieces of exotic Bali. Built in 2006, the residence pays tribute to its setting by capturing the quintessential easy living of the tropics and bringing it to life in all interior spaces. Every element of this residence was planned and executed in meticulous detail — from the hand-picked mahogany wood moldings, shutters, cabinetry and doors to the luscious Brazilian Walnut floors and the natural Dominican-imported stone. Each detail was carefully appointed to create grand yet warm and inviting spaces, with natural elements weaved throughout the home. The master suite includes an adjacent sitting room, dual bathrooms and closets, and a sprawling, covered balcony overlooking the grounds and waterway, welcoming the cooling ocean breezes that naturally sweep the property. In addition, two completely independent guest suites were built to comfortably host family and friends. Stepping outside, an impressive summer kitchen, a large pool and a boathouse offer the perfect environment to unwind after a day at sea. A private and custom 110’x36’ boat inlet keeps water-crafts safe and out of sight, allowing for uninterrupted water views and adding to a total of 335’+/- of water frontage. Every inch of El Palmar was thoughtfully designed to be enjoyed in its own, special way. From the luxuriant outdoors to the striking yet intimate interiors, each space flows seamlessly into the other to create one impressive estate with unique character. El Palmar is a true tropical paradise. SEE RESIDENCE DETAILS IN ATTACHMENTS.

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 Feet of Waterfront
  • Home fronts a canal
  • West Facing Home
  • Gated Home
  • Sprinkler System
  • Property is zoned 0100

HOA Fees

  • $500 Monthly HOA Fees

Parking

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

Home Design

  • Concrete Roof

Interior Spaces

  • 17,025 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Built-In Features
  • Bar
  • Vaulted Ceiling
  • Fireplace
  • Casement Windows
  • French Doors
  • Entrance Foyer
  • Formal Dining Room
  • Storage
  • Lagoon Views
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Sitting Area In Primary Bedroom
  • En-Suite Bathroom
  • Closet Cabinetry
  • Walk-In Closet
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Pool

  • Heated Pool
  • Outdoor Shower
  • Pool Equipment or Cover

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Deck
  • Patio
  • Outdoor Living Area
  • Exterior Lighting
  • Outbuilding
  • Built-In Barbecue

Schools

  • Sunset Elementary School
  • Ponce De Leon Middle School
  • Coral Gables High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0341320190050

Community Details

Overview

  • Active Adult
  • Gables Estates No 2 Subdivision
  • Maintained Community

Building Details

  • Security

Security

  • Security Guard
  • 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

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 2006
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Features, Breakfast Area, Bathtub, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Elevator, High Ceilings, Multiple En Suite Bathrooms, Pantry, Sitting Area in Primary, Storage, Soaking Tub, Separate Shower, Upper Level Primary, Vaulted Ceiling(s), Bar, Walk-In Closet(s)
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Microwave, Oven, Refrigerator, Washer
  • Full Bathrooms: 11
  • Half Bathrooms: 1
  • Total Bedrooms: 9
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Living Area: 17025.0
  • Stories: 2
  • Window Features: Casement Window(s)

Exterior Features

  • Exterior Features: Built-in Barbecue, Barbecue, Lighting, Outdoor Living Area, Outdoor Shower
  • View: Lagoon
  • Fencing: Fenced
  • Road Frontage Type: Waterfront
  • Lot Features: Sprinkler System
  • Pool Features: Heated, Pool Equipment
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Canal Front, No Fixed Bridges, Ocean Access, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: West
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 6.0
  • Attached Garage: Yes
  • Garage Spaces: 6.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener, Guest, Paver Block

Utilities

  • Security: Smoke Detector(s), Security Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 6000.0
  • Pets Allowed: Yes
  • Community Features: Home Owners Association
  • Senior Community: Yes
  • Amenities: Gated, Maintenance, Security
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: No Pet Restrictions, Yes
  • MembershipFee: 100000.0

Schools

  • Elementary School: Sunset
  • High School: Coral Gables
  • Middle Or Junior School: Ponce De Leon

Lot Info

  • Parcel #: 0341320190050
  • Lot Size Acres: 3.35
  • Lot Size: 3.35 AC
  • Mobile Dim Units: Feet
  • Zoning: 0100

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 195713.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2018
Closed on
Apr 3, 2020
Sold by
Bought by
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
$33,423,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,423,382
Avg. Annual Appreciation
1.76%
Original Mortgage
$20,000,000
Outstanding Balance
$17,492,798
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$15,930,584

Purchase Details

Closed on
May 23, 2001
Sold by
Bought by

Purchase Details

Closed on
May 22, 2000
Sold by
Bought by

Purchase Details

Closed on
Aug 4, 1998
Sold by
Bought by

Purchase Details

Closed on
Jun 9, 1998
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$30,000,000 Attorney
$4,250,000 --
$3,000,000 --
$2,800,000 --
$1,000,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
02/11/2020 02/11/20 Pending -- -- --
09/06/2018 09/06/18 For Sale $45,000,000 -- $2,643 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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: BeachesMLS (Greater Fort Lauderdale)

MLS Number: A10533565

BeachesMLS (Greater Fort Lauderdale)

APN: 03-4132-019-0050

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