NOT LISTED FOR SALE

8950 Arvida Dr Coral Gables, FL 33156

Gables Estates Neighborhood

Estimated Value: $8,576,000 - $26,383,156

6 Beds
11 Baths
17,215 Sq Ft
$912/Sq Ft Est. Value

Last Sold November 05, 2020

Last sale price $13,600,000 $790 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $104,738/month

638 Days on Market

Highlights

  • Sitting Area In Primary Bedroom
  • Garden View
  • Balcony
  • Sunset Elementary School Rated A
  • Cooking Island
  • Attached Garage

About This Home

As of November 2020

Gables Estates at its finest,this home designed by renowned architect Cesar Molina sits on 2 acres of land & brings paradise to your backyard.This completely smart home w surround sound throughout offers 17,215 SF with wood flooring as well as 6 car garage, 6 bdrms + office & media room + 9.2 bthrms.1st floor features formal & informal living room + office,guest suite,media room & top of line chef s kitchen w Calacatta marble & luxury appliances Subzero & Wolf.Take elevator or floating staircase up to 2nd floor offering 3 bedrms + master suite w his & hers closets and stunning bthrm.Backyard is built for entertaining with summer kitchen,pool & large covered area.Home features full house generator, car wash station & separate structure w full bath for gym/spa w stunning views of backyard.

Last Agent to Sell the Property

Saddy Delgado

One Sotheby's International Realty License #0430423 Listed on: 12/20/2018

One Sotheby's International Realty

Co-Listed By

Valeria Kelly

One Sotheby's International Realty License #3047020

Last Buyer's Agent

Marily Vazquez

Modern World Realty License #3395848

Modern World Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $209,136

Year Built

  • Built in 2016

Lot Details

  • 1.94

HOA Fees

  • $625 per month

Parking

  • Attached Garage

Property Views

  • Garden
  • Pool

Interior Spaces

  • 17,215 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Entrance Foyer
  • High Impact Door
  • Cooking Island

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Balcony
  • Patio
  • Exterior Lighting
  • Outdoor Grill

Community Details

  • $100,000 Membership Fee

Listing and Financial Details

  • Assessor Parcel Number 03-51-06-013-0070

Home Details

Home Type

Single Family

Est. Annual Taxes

$209,136

Year Built

Built in 2016

Lot Details

0

HOA Fees

$625 per month

Parking

6

Listing Details

  • Internet Remarks: GABLES ESTATES at its finest, this home designed by renowned architect Cesar Molina sits on 2 ACRES of LAND & brings paradise to your backyard.
  • Municipal Code: 3
  • Property Type: Single Family
  • Section: 6
  • Year Built: 2016
  • Property Sq Ft: 84540
  • Year Built Description: Resale
  • Zoning Information: 10/S FM
  • Furnished Info Sold: Unfurnished
  • Intended Use: Unknown/Withheld
  • Lp Amt Sq Ft: 1785.1678
  • Ratio Close Price By List Price: 0.77714
  • Style: Pool Only
  • Website: http://www.8950arvidadr.com
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Front Exposure: East
  • Bedroom Description: At Least 1 Bedroom Ground Level, Sitting Area - Master Bedroom, Master Bedroom Upstairs
  • Primary Bathroom Description: Dual Sinks, Separate Tub & Shower, Whirlpool/Spa
  • Dining Description: Breakfast Area, Eat-In Kitchen, Formal Dining
  • Interior Amenities: First Floor Entry, Built-Ins, Cooking Island, Elevator, Foyer Entry, Pantry, Walk-In Closets
  • Windows Treatments: Blinds/Shades, High Impact Windows, Impact Glass
  • Design: Detached
  • Adjusted Area Sq Ft: 13509
  • Full Bathrooms: 9
  • Half Bathrooms: 2
  • Total Bathrooms: 11.00
  • Total Bedrooms: 6
  • Cable Available Yn: Yes
  • Design Description: Two Story
  • Appliances: Dishwasher, Disposal, Dryer, Elevator, Icemaker, Microwave, Gas Range, Refrigerator, Wall Oven, Washer
  • Pool: Yes
  • Spa Yn: Yes
  • Total Sq Ft: 17215

Exterior Features

  • View: Garden View, Pool Area View
  • Pool: Below Ground Pool, Heated
  • Lot Size: 84540
  • Construction Type: Cbs Construction
  • Roof Description: Flat Tile Roof
  • Exterior Features: Barbeque, Built-In Grill, High Impact Doors, Exterior Lighting, Open Balcony, Patio

Garage/Parking

  • Garage Description: Attached
  • Parking Description: Circular Drive, Covered Parking, Driveway
  • Garage Spaces: 6

Utilities

  • Sewer Description: Municipal Sewer
  • Cooling Description: Central Cooling, Electric Cooling
  • Heating Description: Electric Heat
  • Water Description: Municipal Water

Condo/Co-op/Association

  • Membership Purchase Fee: 100000
  • Floor Description: Marble Floors, Wood Floors
  • Subdivision Complex Bldg: Gables Estates
  • Housing Older Persons Act: Unverified
  • Association Fee: 7500
  • Subdivision Information: Mandatory Hoa
  • Association Fee Paid Per: Yearly
  • Membership Purch Rqd Yn: Yes
  • Type of Association: Homeowners

Lot Info

  • Lot Description: 2 To Less Than 3 Acre Lot
  • Parcel Number: 03-51-06-013-0070
  • Lot Sq Footage: 84540
  • Parcel Number Mlx: 0070

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Information: Tax Reflects No Homestead Tax
  • Tax Amount: 193671
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 5, 2024
Sold by
Hakkak Andre and Shipman Marissa
Bought by
Rose Star Trust and Siewert
Current Estimated Value
$15,695,719

Purchase Details

Closed on
Oct 19, 2021
Sold by
Hakkak Andre and Shipman Marissa
Bought by
Hakkak Andre and Shipman Marissa

Purchase Details

Listed on
Dec 20, 2018
Closed on
Nov 5, 2020
Sold by
Cimex Invest Inc
Bought by
Hakkak Andre and Shipman Marissa
Seller's Agent
Saddy Delgado
One Sotheby's International Realty
Buyer's Agent
Marily Vazquez
Modern World Realty
List Price
$17,500,000
Sold Price
$13,600,000
Premium/Discount to List
-$3,900,000
-22.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.58%
Original Mortgage
$6,700,000
Interest Rate
2.85%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 8, 2016
Closed on
Aug 3, 2016
Sold by
8950 Arvida Llc
Bought by
Cimex Invest Inc
Seller's Agent
Saddy Delgado
One Sotheby's International Realty
Buyer's Agent
MAR NON-MEMBER
NO MLS PARTICIPATION (MAR)
List Price
$11,900,000
Sold Price
$12,541,265
Premium/Discount to List
$641,265
5.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.93%
Original Mortgage
$4,600,000
Interest Rate
3.48%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 24, 2011
Sold by
Castro Lisa Marie
Bought by
8950 Arvida Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,661,565
Interest Rate
4.63%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 31, 2007
Sold by
Poliakoff Steven R and Poliakoff Jacqueline J
Bought by
Castro Lisa Marie

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
6.08%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 24, 2000
Sold by
Bales Thomas O and Ryan Constance M
Bought by
Poliakoff Steven R and Poliakoff Jacqueline J

Purchase Details

Closed on
Aug 7, 1994
Sold by
Feltenstein Sidney J and Feltenstein Lisa R
Bought by
Bales Thomas O and Ryan Constance M
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
Rose Star Trust $27,500,000 Old Republic National Title
Hakkak Andre -- Accommodation
Hakkak Andre $13,600,000 Attorney
Cimex Invest Inc $12,541,300 Attorney
8950 Arvida Llc $2,556,300 Attorney
Castro Lisa Marie $3,500,000 Attorney
Poliakoff Steven R $1,700,000 --
Bales Thomas O $2,300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hakkak Andre $6,700,000
Previous Owner Cimex Invest Inc $4,600,000
Previous Owner 8950 Arvida Llc $1,661,565
Previous Owner 8950 Arvida Drive Trust $1,000,000
Previous Owner Castro Lisa Marie $2,625,000
Previous Owner Poliakoff Steven R $400,000
Previous Owner Poliakoff Steven R $1,217,000
Previous Owner Poliakoff Steven R $1,150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2020 11/05/20 Sold $13,600,000 -22.3% $790 / Sq Ft
09/29/2020 09/29/20 For Sale $17,500,000 +28.7% $1,017 / Sq Ft
09/29/2020 09/29/20 Off Market $13,600,000 -- --
12/20/2018 12/20/18 For Sale $17,500,000 +39.5% $1,017 / Sq Ft
08/11/2016 08/11/16 Sold $12,541,265 +5.4% $924 / Sq Ft
08/08/2016 08/08/16 For Sale $11,900,000 -- $877 / Sq Ft
10/12/2015 10/12/15 Pending -- -- --
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 $209,136 $21,060,127 $7,608,600 $13,451,527
2024 $203,638 $11,494,973 -- --
2023 $203,638 $11,160,168 $0 $0
2022 $197,568 $11,516,882 $4,438,350 $7,078,532
2021 $198,138 $10,519,530 $3,381,600 $7,137,930
2020 $195,656 $10,366,506 $4,603,203 $5,763,303
2019 $197,280 $10,425,881 $4,603,203 $5,822,678
2018 $194,628 $10,483,253 $4,603,203 $5,880,050
2017 $190,366 $10,122,150 $0 $0
2016 $57,068 $2,475,499 $0 $0
2015 $49,184 $2,250,454 $0 $0
2014 $42,565 $2,045,868 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Saddy Delgado

    Seller's Agent in 2020

    Saddy Delgado

    One Sotheby's International Realty

    (305) 632-4256

    8 in this area

    51 Total Sales

    Section Image
  • Valeria Kelly

    Seller Co-Listing Agent in 2020

    Valeria Kelly

    One Sotheby's International Realty

    (305) 798-5414

    3 in this area

    38 Total Sales

    Section Image
  • Marily Vazquez

    Buyer's Agent in 2020

    Marily Vazquez

    Modern World Realty

    (786) 309-6197

    1 in this area

    59 Total Sales

    Section Image

  • M

    Buyer's Agent in 2016

    MAR NON-MEMBER

    NO MLS PARTICIPATION (MAR)

    608 Total Sales

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10588961

MIAMI REALTORS® MLS

APN: 03-5106-013-0070

Florida Miami/Dade County Coral Gables 33156 Gables Estates

8950 Arvida Dr, Coral Gables, FL

This home is located at 8950 Arvida Dr, Coral Gables, FL 33156 since 20 December 2018 and is currently estimated at $15,695,719, approximately $911 per square foot. This property was built in 2016. 8950 Arvida Dr is a home located in Miami-Dade County with nearby schools including Sunset Elementary School, Ponce de Leon Middle School, and Coral Gables Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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