NOT LISTED FOR SALE

7705 SW 183rd Terrace Palmetto Bay, FL 33157

Estimated Value: $1,955,229 - $2,271,000

5 Beds
3.5 Baths
4,525 Sq Ft
$469/Sq Ft Est. Value

Last Sold April 13, 2022

Last sale price $1,700,000 $376 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $13,019/month

61 Days on Market

Highlights

  • In Ground Pool
  • Sitting Area In Primary Bedroom
  • Vaulted Ceiling
  • Dr. Henry E. Perrine Academy Of The Arts Rated A-
  • Recreation Room
  • Marble Flooring

About This Home

As of April 2022

Amazingly updated 5bed/3.5 bath mid-century beauty in the exclusive Cape Cutler estates. Located on a private cul-de-sac the home features vaulted ceilings in the living areas w/travertine flooring throughout home & backyard terrace. Living room area has a working double sided chimney, wet bar, & family room. Open kitchen concept with custom cabinetry, gas stove, hood, island with wine fridge, & viking appliances throughout. Master bedroom has vaulted ceilings with large walk-in closet. Entertain family & friends in the rec. room or enjoy your favorite films in the theatre room. With over .5 acre property also boasts a large drive way that fits over 10 cars & or a boat. Large terrace to entertain. Pool with lounge area. New Roof! Impact Windows & Doors! No expenses spared.Won't last!

Last Agent to Sell the Property

Rocco Di Martino

United Realty Group Inc License #3290227 Listed on: 12/22/2021

United Realty Group Inc

Last Buyer's Agent

Amy Osorno

Compass Florida, LLC License #3376297

Compass Florida, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,762

Year Built

  • Built in 1983

Lot Details

  • 0.55 Acre Lot
  • South Facing Home
  • Property is zoned 2100

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Automatic Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Substantially Remodeled
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,525 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Family Room
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Marble Flooring
  • Tennis Court Views
  • High Impact Door

Kitchen

  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • Bathtub
  • Shower Only

Laundry

  • Laundry in Utility Room
  • Dryer

Pool

  • In Ground Pool

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • Voluntary home owners association
  • Replat Port Of Cape Cutle Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33-50-34-030-0020

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,762

Year Built

Built in 1983

Lot Details

0

HOA Fees

$25 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1983
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: REPLAT PORT OF CAPE CUTLE
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Gas Range, Refrigerator, Wall Oven
  • Interior Amenities: First Floor Entry, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Family Room, Other, Recreation Room, Utility Room/Laundry
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: High Impact Doors
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 4525
  • Other Equipment: Automatic Garage Door Opener, Natural Gas
  • Possible Use: Primary
  • Bedroom Features: Sitting Area - Master Bedroom, Master Bath Shower, Master Bath Tub
  • Dining Room Features: Kitchen Dining
  • Living Room Features: Family Room, Other, Recreation Room, Utility Room/Laundry

Exterior Features

  • Roof: Shingle
  • View: Tennis Court View
  • Exterior Features: Fruit Trees
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot
  • Pool Features: In Ground
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: REPLAT PORT OF CAPE CUTLE
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Driveway, Other

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association Fee: 300
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Voluntary Hoa
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Voluntary

Lot Info

  • Parcel Number: 33-50-34-030-0020
  • Lot Size Sq Ft: 23835
  • Zoning: 2100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 7762

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2021
Closed on
Apr 12, 2022
Sold by
Dimartino Rocco and Dimartino Vivian
Bought by
Price Colin D and Price Danielle C
Seller's Agent
Rocco Di Martino
United Realty Group Inc
Buyer's Agent
Amy Osorno
Compass Florida, LLC
Sold Price
$1,700,000
Current Estimated Value
$2,123,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$423,307
Avg. Annual Appreciation
6.46%
Original Mortgage
$1,484,835
Outstanding Balance
$1,387,328
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$735,979

Purchase Details

Closed on
Jul 29, 2020
Sold by
Boscoreale Inc
Bought by
Dimartino Rocco and Di Martino Vivian

Purchase Details

Closed on
May 15, 2019
Sold by
Deisy Fountain Paradise Corp
Bought by
Boscoreale Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 16, 2018
Closed on
Jul 20, 2018
Sold by
Nationstar Mortgage Llc
Bought by
Deisy Fountain Paradise Corp
Seller's Agent
Cinthia Ane-McGreevy
Ane' & Co.
Buyer's Agent
Cathi DeRosa
DeRosa Realty
List Price
$795,000
Sold Price
$556,500
Premium/Discount to List
-$238,500
-30%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.29%
Original Mortgage
$562,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2018
Sold by
Tapia Christian
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Jun 27, 2007
Sold by
Tapia Christian and Tapia Luz Maria
Bought by
Tapia Christian and Tapia Luz Maria

Purchase Details

Closed on
Apr 13, 2005
Sold by
Burgos David
Bought by
Tapia Christian and Tapia Luz Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,680
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 27, 2004
Sold by
Obrien Maureen
Bought by
Burgos David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$699,000
Interest Rate
8.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 20, 2004
Sold by
Carr Robert Singleton
Bought by
Carr Robert S and Obrien Maureen

Purchase Details

Closed on
Sep 15, 2003
Sold by
Carr Robert Singleton
Bought by
Carr Robert S
Source: Public Records

Range of Values:

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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
Price Colin D $1,700,000 None Listed On Document
Dimartino Rocco -- Trust Title & Escrow Company
Boscoreale Inc $630,000 Nu World Title Llc
Deisy Fountain Paradise Corp $556,500 Attorney
Nationstar Mortgage Llc $700,200 None Available
Tapia Christian -- Attorney
Tapia Christian $782,100 --
Burgos David $699,000 --
Carr Robert S $23,100 --
Carr Robert S $50,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Price Colin D $1,484,835
Previous Owner Boscoreale Inc $441,000
Previous Owner Deisy Fountain Paradise Corp $562,250
Previous Owner Tapia Christian $625,680
Previous Owner Burgos David $699,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/13/2022 04/13/22 Sold $1,700,000 0.0% $376 / Sq Ft
02/21/2022 02/21/22 Pending -- -- --
12/27/2021 12/27/21 For Sale -- -- --
12/27/2021 12/27/21 Off Market $1,700,000 -- --
12/22/2021 12/22/21 For Sale $1,799,900 +223.4% $398 / Sq Ft
08/01/2018 08/01/18 Sold $556,500 -30.0% $123 / Sq Ft View Prior Sale
07/18/2018 07/18/18 Pending -- -- --
06/12/2018 06/12/18 For Sale $795,000 -- $176 / 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 $21,898 $1,296,179 -- --
2024 $21,236 $1,259,650 -- --
2023 $21,236 $1,222,962 $0 $0
2022 $7,776 $456,223 $0 $0
2021 $7,762 $442,935 $0 $0
2020 $9,962 $527,632 $271,845 $255,787
2019 $11,154 $593,552 $271,845 $321,707
2018 $11,531 $629,682 $271,845 $357,837
2017 $8,827 $507,120 $0 $0
2016 $8,793 $496,690 $0 $0
2015 $8,952 $493,238 $0 $0
2014 $9,061 $489,324 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11138000

MIAMI REALTORS® MLS

APN: 33-5034-030-0020