$6,100,000
SOLD MAY 21, 2025
4 Beds
3 Baths
2,721 Sq Ft
0.28 Acres

Recently Sold

$2,242 Per Sq Ft

8% Below List Price

119 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Property Fronts a Bay or Harbor
  • Pinecrest Elementary School Rated A
  • Private Dock
  • In Ground Pool

About This Home

As of May 2025

Rare & Exceptional Opportunity to acquire Biscayne Bay/Atlantic Ocean property to build custom home of your dreams. Situated at the end of wide & deep canal in Gables by the Sea, upscale guard gated community of custom waterfront homes in Coral Gables, "the City Beautiful". Newly built home elevated per code w/ spectacular direct & unobstructed gorgeous views of Bay & ocean. The 12,000 Sq Ft lot has 100 running Ft of waterfront, capable of handling large vessel. Home is larger than Tax Rolls under AC per owner. The area Boasts finest public & private schools, 5 star restaurants, high-end shopping, protected beach, parks, Pinecrest Gardens with community center & library, University of Miami offering endless cultural & sporting events, & the renowned Fairchild Botanical Gardens close by.

Last Agent to Sell the Property

Renee Gross

Coldwell Banker Realty License #0466811 Listed on: 01/13/2025

Coldwell Banker Realty

Last Buyer's Agent

Louis McMillian

Global Investments Realty License #3151122

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,186

Year Built

  • Built in 1960

Lot Details

  • 0.28 Acre Lot
  • 100 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • North Facing Home
  • Fenced
  • Property is zoned 0100

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Circular Driveway
  • Open Parking

Property Views

  • Ocean
  • Bay

Home Design

  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,721 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Paddle Fans
  • Entrance Foyer
  • Family Room
  • Workshop
  • Storage Room

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Roman Tub

Laundry

  • Laundry in Utility Room
  • Dryer
  • Laundry Tub

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Private Dock
  • Patio
  • Exterior Lighting

Schools

  • Pinecrest Elementary School
  • Palmetto Middle School
  • Miami Palmetto High School

Utilities

  • Zoned Heating and Cooling
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 03-51-18-006-0890

Community Details

Overview

  • Voluntary home owners association
  • Coral Bay Sec B,Gables By The Sea Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,186

Year Built

Built in 1960

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1960
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story
  • Directions: Old Cutler Rd to the 128 St through guard gated entrance and continue on Lugo, & just past bridge turn right and continue to 860 san pedro which will be on right.
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: CORAL BAY SEC B,Gables By The Sea
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Other Equipment/Appliances, Electric Range, Refrigerator, Wall Oven
  • Interior Amenities: First Floor Entry, Built-in Features, Entrance Foyer, Laundry Tub, Pantry, Roman Tub, Family Room, Storage, Utility Room/Laundry, Workshop
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Entry Location: Foyer
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 2721
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Unknown/Withheld
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Ground Level
  • Living Room Features: Family Room, Storage Room, Utility Room/Laundry, Workshop

Exterior Features

  • Roof: Flat Tile
  • View: Bay, Ocean
  • Exterior Features: Lighting, Fruit Trees
  • Construction Type: Concrete Block Construction, CBS Construction
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, No Fixed Bridges, Seawall
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: CORAL BAY SEC B
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway

Utilities

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

Condo/Co-op/Association

  • Association Fee: 300
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Gated Community, Street Lights, Voluntary Hoa

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: Pinecrest
  • High School: Miami Palmetto
  • Middle Or Junior School: Palmetto

Lot Info

  • Parcel Number: 03-51-18-006-0890
  • Lot Size Sq Ft: 12000
  • Zoning: 0100

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 28186

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2025
Closed on
May 19, 2025
Sold by
Gross Edward A and Ebenbach Karla A
Bought by
Sepe Holdings Llc
Seller's Agent
Renee Gross
Coldwell Banker Realty
Buyer's Agent
Louis McMillian
Global Investments Realty
List Price
$6,599,000
Sold Price
$6,100,000
Premium/Discount to List
-$499,000
-7.56%
Views
98

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.63%

Purchase Details

Closed on
Jun 10, 2014
Sold by
Gross Edward A and Ebenbach Karla A
Bought by
Gross Edward A and Ebenbach Karla A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
3.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2010
Sold by
Mazzarantani Renato E and Mazzarantani Nancy M
Bought by
Gross Edward A and Ebenbach Karla A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,317,000
Interest Rate
4.33%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $6,100,000 None Listed On Document
Warranty Deed $6,100,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Warranty Deed $1,550,000 Rte Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,250,000 New Conventional
Previous Owner $1,317,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2025 05/21/25 Sold $6,100,000 -3.2% $2,242 / Sq Ft
05/12/2025 05/12/25 Pending -- -- --
02/18/2025 02/18/25 Price Changed $6,299,000 -4.5% $2,315 / Sq Ft
01/13/2025 01/13/25 For Sale $6,599,000 -- $2,425 / 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 $28,186 $1,555,264 -- --
2024 $26,187 $1,511,433 -- --
2023 $26,187 $1,467,411 $0 $0
2022 $26,567 $1,424,671 $0 $0
2021 $26,377 $1,383,176 $1,080,000 $303,176
2020 $30,222 $1,583,167 $1,277,400 $305,767
2019 $30,246 $1,580,503 $0 $0
2018 $29,017 $1,551,034 $0 $0
2017 $28,811 $1,519,133 $0 $0
2016 $28,654 $1,487,888 $0 $0
2015 $29,017 $1,477,546 $0 $0
2014 $30,231 $1,516,333 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11723189

MIAMI REALTORS® MLS

APN: 03-5118-006-0890