NOT LISTED FOR SALE

Estimated Value: $7,151,000 - $10,284,064

5 Beds
6.5 Baths
5,857 Sq Ft
$1,385/Sq Ft Est. Value

Last Sold July 02, 2024

Last sale price $10,850,000 $1,852 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $49,032/month

27 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • Home fronts navigable water
  • Sunset Elementary School Rated A
  • Water Views
  • Media Room

About This Home

As of July 2024

Islands of Cocoplum fully gutted, re-designed by Pacheco Arch, re-built/expanded in 2017, oversized 20k+ lot, 119 ft WF on Lago Maggiore’s expansive views. Main level lofty ceilings, open water view features living rm, Mia Cucina Kit, family rm w/wrap around terrace. Formal dining rm. Bedrm wing incl 2 jr suites & main suite w/sitting area, glass walled office & top $ view, spa bath, double California Closet, all 5-1 AV. Lower level 2/3 & laundry/utility/staff +Bonus media rm with 7.1 system, bar/lounge all open to lap pool, spa, expansive deck, fully refurbished dock. Meticulous attention to detail, materials, lighting, smart controls, security, AV & appliances, chosen w/highest & most current standards for enjoyment & entertaining. Gated motor court for 20 cars, 3 car AC garage/gym.

Last Agent to Sell the Property

Tere Shelton Bernace

Shelton and Stewart REALTORS License #3218871 Listed on: 04/16/2024

Shelton and Stewart REALTORS

Co-Listed By

Consuelo Stewart

Shelton and Stewart REALTORS License #3218873

Last Buyer's Agent

Tracie Hamersley

Douglas Elliman License #3130268

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $72,659

Year Built

  • Built in 2017

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 20300x1
  • Home fronts navigable water
  • Northeast Facing Home
  • Property is zoned 0100

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Automatic Garage Door Opener
  • Circular Driveway
  • Guest Parking
  • Open Parking

Property Views

  • Water
  • Pool

Home Design

  • Split Level Home
  • Flat Tile Roof
  • Built-Up Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,857 Sq Ft Home
  • 2-Story Property
  • Custom Mirrors
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Picture Window
  • Casement Windows
  • Family Room
  • Formal Dining Room
  • Media Room
  • Sun or Florida Room
  • Ceramic Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Cooking Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Walk-In Closet
  • Maid or Guest Quarters
  • Bidet
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • Complete Impact Glass
  • High Impact Door

Outdoor Features

  • Heated In Ground Pool
  • Property has ocean access
  • Canal Width is 121 Feet or More
  • Private Dock
  • Balcony
  • Patio
  • Exterior Lighting

Schools

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

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 03-41-32-025-0190

Community Details

Overview

  • Club Membership Required
  • Cocoplum Sec 2 Plat B,Islands Of Cocoplum Subdivision
  • Mandatory home owners association
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$72,659

Year Built

Built in 2017

Lot Details

0

HOA Fees

$500 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2017
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story, Split Level
  • Co List Office Mls Id: SHEL01
  • Co List Office Phone: 305-666-0669
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock
  • Lot Size: 20300x1
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: COCOPLUM SEC 2 PLAT B,ISLANDS OF COCOPLUM
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Gas Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Cooking Island, Custom Mirrors, Volume Ceilings, Walk-In Closet(s), Family Room, Florida Room, Maid/In-Law Quarters, Media Room, Utility Room/Laundry
  • Spa Yn: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 5857
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Window Features: Complete Impact Glass, Casement, Impact Glass, Picture Window
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Upstairs, Sitting Area - Primary Bedroom
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen, Formal Dining
  • Living Room Features: Family Room, Florida Room, Maid/In-Law Quarters, Media Room, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Separate Tub & Shower

Exterior Features

  • Roof: Built-Up, Flat Tile
  • View: Pool, Water
  • Exterior Features: Lighting, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Northeast
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Open Balcony, Patio
  • Pool Features: In Ground, Heated
  • Pool Private: No
  • Property Condition: Completely Renovated
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Width 121 Feet Or More, Navigable Water
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: COCOPLUM SEC 2 PLAT B
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway, Guest, No Rv/Boats, No Trucks/Trailers

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association Fee: 1500
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Community Features: Additional Amenities, Gated Community, Mandatory Hoa
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

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

Lot Info

  • Parcel Number: 03-41-32-025-0190
  • Lot Size Sq Ft: 20300
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 72659

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2024
Closed on
Jul 8, 2024
Sold by
Fernandez Francisco O and Fernandez Nivia
Bought by
Swigart Paul M and Swigart Patricia
Seller's Agent
Tere Shelton Bernace
Shelton and Stewart REALTORS
Buyer's Agent
Tracie Hamersley
Douglas Elliman
List Price
$11,250,000
Sold Price
$10,850,000
Premium/Discount to List
-$400,000
-3.56%
Views
54
Current Estimated Value
$8,109,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,740,484
Avg. Annual Appreciation
-17.54%
Original Mortgage
$8,137,500
Outstanding Balance
$7,740,466
Interest Rate
6.24%
Mortgage Type
New Conventional
Estimated Equity
$369,050

Purchase Details

Listed on
Apr 5, 2013
Closed on
Jun 27, 2013
Sold by
Mouriz Miguel A and Mouriz Janet M
Bought by
Fernandez Francisco O and Fernandez Nivia
Seller's Agent
Tere Shelton Bernace
Shelton and Stewart REALTORS
Buyer's Agent
Nivia Fernandez
GP Real Estate Advisors
List Price
$3,995,000
Sold Price
$3,515,280
Premium/Discount to List
-$479,720
-12.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.77%
Original Mortgage
$1,300,000
Interest Rate
2.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2003
Sold by
Gorrin Alvaro and Mouriz Miguel A
Bought by
Mouriz Miguel A and Mouriz Janet M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.53%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 28, 2000
Sold by
Sergio and Delgado Lisset
Bought by
Gorrin Alvaro

Purchase Details

Closed on
Mar 11, 1999
Sold by
Conan Construction Corp
Bought by
Delgado Sergio and Delgado Lissett

Purchase Details

Closed on
Mar 29, 1996
Sold by
Cohen Allan G and Cohen Bonnie L
Bought by
Conan Construction Corp
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
Swigart Paul M $10,850,000 Law Title
Fernandez Francisco O $3,515,300 Attorney
Mouriz Miguel A $720,000 Gateway Title Company
Gorrin Alvaro $980,000 --
Delgado Sergio $980,000 --
Conan Construction Corp $1,100,000 --
Swigart Paul M $10,850,000 Law Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swigart Paul M $8,137,500
Closed Swigart Paul M $8,137,500
Previous Owner Fernandez Francisco O $1,300,000
Previous Owner Mouriz Miguel A $1,000,000
Previous Owner Conan Construction Corp $1,800,000
Previous Owner Conan Construction Corp $1,470,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/02/2024 07/02/24 Sold $10,850,000 -3.6% $1,852 / Sq Ft
05/14/2024 05/14/24 Pending -- -- --
04/16/2024 04/16/24 For Sale $11,250,000 +220.0% $1,921 / Sq Ft
06/28/2013 06/28/13 Sold $3,515,280 -12.0% $507 / Sq Ft View Prior Sale
05/13/2013 05/13/13 Pending -- -- --
04/05/2013 04/05/13 For Sale $3,995,000 -- $576 / 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 $74,044 $7,698,692 $4,872,000 $2,826,692
2024 $72,659 $4,073,221 -- --
2023 $72,659 $3,954,584 $0 $0
2022 $70,471 $3,839,402 $0 $0
2021 $70,343 $3,727,575 $0 $0
2020 $68,662 $3,676,110 $0 $0
2019 $67,388 $3,511,649 $1,938,650 $1,572,999
2018 $66,127 $3,527,634 $1,938,650 $1,588,984
2017 $63,586 $3,347,258 $0 $0
2016 $63,552 $3,324,610 $0 $0
2015 $64,800 $3,326,457 $0 $0
2014 $62,236 $3,126,656 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11569622

MIAMI REALTORS® MLS

APN: 03-4132-025-0190