NOT LISTED FOR SALE

Estimated Value: $7,205,000 - $9,064,000

6 Beds
5.5 Baths
8,001 Sq Ft
$1,027/Sq Ft Est. Value

Last Sold August 08, 2023

Last sale price $9,000,000 $1,125 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $56,132/month

200 Days on Market

Highlights

  • Property has ocean access
  • Deeded Boat Dock
  • In Ground Pool
  • Sunset Elementary School Rated A
  • Home fronts navigable water
  • Sitting Area In Primary Bedroom

About This Home

As of August 2023

waterfront views from this one story home located in Cocoplum, one of the most desirable gated communities in Coral Gables. This beautiful 6,735 adjusted sqft home, with 6 Bed, 5 1/2 Bath, and a 2 car garage, showcases breathtaking wide canal water views with resort-like gardens visible from almost every room. Living room with fireplace, formal dining room, entertaining area, kitchen, office space, playroom and more. Brick circular driveway with porte cochere accommodates a large family and excellent for entertaining. Meticulously maintained. Largest lot in Cocoplum on the market with approx. 32,000 sqft, dock of 80 ft, and water frontage of 138 ft. Expansive covered terrace, summer kitchen, and large pool with whirlpool.

Last Agent to Sell the Property

Valeria Kelly

One Sotheby's International Realty License #3047020 Listed on: 01/13/2023

One Sotheby's International Realty

Last Buyer's Agent

NON-MLS MEMBER

MAR NON MLS MEMBER License #SEF

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $96,129

Year Built

  • Built in 1989

Lot Details

  • 0.73 Acre Lot
  • 138 Ft Wide Lot
  • Home fronts navigable water
  • Home fronts a canal
  • West Facing Home
  • Property is zoned 0100

Parking

  • 2 Car Attached Garage
  • Circular Driveway
  • Open Parking

Property Views

  • Canal
  • Pool

Home Design

  • Stucco Exterior

Interior Spaces

  • 8,001 Sq Ft Home
  • 1-Story Property
  • Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Plantation Shutters
  • Blinds
  • Casement Windows
  • French Doors
  • Entrance Foyer
  • Family Room
  • Den

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • Intercom Access
  • Security System Owned

Pool

  • In Ground Pool
  • Outdoor Shower
  • Pool Bathroom
  • Pool Equipment Stays

Outdoor Features

  • Property has ocean access
  • One Fixed Bridge
  • Boat Hoist or Davit
  • Deeded Boat Dock
  • Patio
  • Exterior Lighting
  • Outdoor Grill

Schools

  • Sunset Elementary School

Utilities

  • Zoned Heating and Cooling

Listing and Financial Details

  • Assessor Parcel Number 03-41-32-021-1640

Community Details

Overview

  • No Home Owners Association
  • Cocoplum Sec 1 Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$96,129

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1989
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Directions: Enter Cocoplum make your first right, and at the tennis courts make a left. House is at the end of the street.
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Dock,Boat Hoists/Davits,Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: COCOPLUM SEC 1
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Bar, Entrance Foyer, French Doors, Pantry, Volume Ceilings, Walk-In Closet(s), Den/Library/Office, Family Room, Utility Room/Laundry
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: French Doors
  • Entry Location: Foyer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble, Other, Wood
  • Furnished: Unfurnished
  • Other Equipment: Intercom
  • Possible Use: Unknown/Withheld
  • Window Features: Hurricane Shutters, Blinds, Casement, Plantation Shutters
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Ground Level, Sitting Area - Primary Bedroom
  • Living Room Features: Den/Library/Office, Family Room, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • Roof: Other
  • View: Canal, Pool, Water
  • Exterior Features: Barbeque, Built-In Grill, Lighting, Outdoor Shower
  • Construction Type: Stucco
  • Direction Faces: West
  • Lot Features: 3/4 To Less Than 1 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Features: In Ground, Equipment Stays, Pool Bath, Pool/Spa Combo
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Front, Navigable Water, One Fixed Bridge
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: COCOPLUM SEC 1
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Covered, Driveway, No Rv/Boats, No Trucks/Trailers

Utilities

  • Sewer: Other
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Owned Burglar Alarm

Condo/Co-op/Association

  • Association: No
  • Community Features: Clubhouse, Gated Community

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Sunset

Lot Info

  • Parcel Number: 03-41-32-021-1640
  • Lot Size Sq Ft: 31814
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 96129

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2024
Sold by
Silicon Beach Front 5 Llc
Bought by
Peonies By The Sea Llc
Current Estimated Value
$8,218,350

Purchase Details

Listed on
Jan 13, 2023
Closed on
Aug 8, 2023
Sold by
Bandi 7805 Llc
Bought by
Silicon Beach Front 5 Llc
Seller's Agent
Valeria Kelly
One Sotheby's International Realty
Buyer's Agent
NON-MLS MEMBER
MAR NON MLS MEMBER
List Price
$10,999,999
Sold Price
$9,000,000
Premium/Discount to List
-$1,999,999
-18.18%
Views
241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.14%

Purchase Details

Listed on
Oct 6, 2021
Closed on
Dec 17, 2021
Sold by
Irma Salgado Grondin Living Trust
Bought by
Bandi 7805 Llc
Seller's Agent
Irma Grondin
Epic Team Real Estate and Investments, LLC
Buyer's Agent
Irma Grondin
Epic Team Real Estate and Investments, LLC
Sold Price
$28,000

Purchase Details

Listed on
Jul 6, 2020
Closed on
May 10, 2021
Sold by
Gomez Armelio J and Gomez Martha
Bought by
Grondin Irma Salgado and Irma Salgado Grondin Living Tr
Seller's Agent
Martha Gomez
MMLS Assoc.-Inactive Member
Buyer's Agent
Irma Grondin
Epic Team Real Estate and Investments, LLC
List Price
$4,975,000
Sold Price
$4,560,554
Premium/Discount to List
-$414,446
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.32%
Original Mortgage
$4,049,550
Interest Rate
2.62%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Peonies By The Sea Llc -- None Listed On Document
Silicon Beach Front 5 Llc $9,000,000 None Listed On Document
Bandi 7805 Llc -- New Title Company Name
Grondin Irma Salgado $4,560,600 Attorney
Irma Salgado Grondin Living Trust $4,560,600 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Irma Salgado Grondin Living Trust $4,049,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2023 08/08/23 Sold $9,000,000 -10.0% $1,125 / Sq Ft
08/02/2023 08/02/23 Pending -- -- --
05/01/2023 05/01/23 Price Changed $10,000,000 -9.1% $1,250 / Sq Ft
01/13/2023 01/13/23 For Sale $10,999,999 0.0% $1,375 / Sq Ft
01/14/2022 01/14/22 Rented -- -- --
10/06/2021 10/06/21 For Rent $33,000 0.0% --
05/10/2021 05/10/21 Sold $4,560,554 -8.3% $700 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
03/23/2021 03/23/21 Price Changed $4,975,000 0.0% $764 / Sq Ft
03/23/2021 03/23/21 For Sale $4,975,000 +9.1% $764 / Sq Ft
10/26/2020 10/26/20 Off Market $4,560,554 -- --
10/16/2020 10/16/20 For Sale $4,375,000 -4.1% $672 / Sq Ft
10/16/2020 10/16/20 Off Market $4,560,554 -- --
07/06/2020 07/06/20 For Sale $4,375,000 -- $672 / 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 $150,731 $8,600,874 $7,635,360 $965,514
2024 $97,073 $8,007,268 $7,158,150 $849,118
2023 $97,073 $4,263,600 $0 $0
2022 $95,227 $4,983,316 $4,772,100 $211,216
2021 $31,447 $1,529,719 $0 $0
2020 $31,128 $1,508,599 $0 $0
2019 $30,557 $1,474,682 $0 $0
2018 $27,916 $1,447,186 $0 $0
2017 $27,690 $1,417,421 $0 $0
2016 $28,032 $1,388,268 $0 $0
2015 $27,755 $1,378,618 $0 $0
2014 $28,110 $1,367,677 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11327131

MIAMI REALTORS® MLS

APN: 03-4132-021-1640