NOT LISTED FOR SALE

Estimated Value: $8,586,000 - $44,454,320

9 Beds
12 Baths
11,609 Sq Ft
$2,284/Sq Ft Est. Value

Last Sold July 22, 2020

Last sale price $22,000,000 $1,895 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $170,912/month

700 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • Home Theater
  • Sunset Elementary School Rated A
  • Boat Lift
  • Newly Remodeled

About This Home

As of July 2020

The most stunning home in the exclusive guard-gated community of Gables Estates. Premiere 255ft of water frontage w/160ft dock situated on the widest part of the canal just a few seconds from the bay w/direct ocean access. Extraordinary 2017 home w/fabulous views of garden & waterway will exceed your expectations of a unique lifestyle allowing natural light to radiate throughout every rm. Feat: impressive master ste w/sitting area overlooking the water & enormous marble bathrm spa style w/outdr summer shower, 14 seat estate of the art theater rm w/optic ceiling lights, game rm w/wet bar/wine cellar. Outdr entertainment area w/summer kit & Teppanaki table, covered terr, rooftop deck, infinity edge heated pool w/fire bowls & fountains. VISIT OUR PROPERTY VIDEO: https://youtu.be/yfcxHdDv_4g

Last Agent to Sell the Property

Adriana Guerra De Castro

One Sotheby's International Realty License #0600642 Listed on: 08/06/2018

One Sotheby's International Realty

Co-Listed By

Michael Martinez

One Sotheby's International Realty License #0694150

Last Buyer's Agent

Seth Feuer

Compass Florida, LLC License #3062737

Compass Florida, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $103,445

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 255 Ft Wide Lot
  • Waterfront
  • North Facing Home
  • Fenced
  • Property is zoned 10/S FM

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Circular Driveway
  • Paver Block
  • Open Parking

Home Design

  • Elevated Home
  • Concrete Block And Stucco Construction
  • Piling Construction

Interior Spaces

  • 11,609 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Furniture for Sale
  • Ceiling Fan
  • Fireplace
  • Blinds
  • Sliding Windows
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Storage Room
  • Sauna
  • Bay Views
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Built-In Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Snack Bar or Counter
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Maid or Guest Quarters
  • Bidet
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • Intercom Access
  • High Impact Windows
  • High Impact Door

Eco-Friendly Details

  • Energy-Efficient Exposure or Shade
  • Energy-Efficient HVAC
  • Energy Recovery Ventilator

Pool

  • Heated In Ground Pool
  • Outdoor Shower
  • Pool Bathroom

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Canal Width is 121 Feet or More
  • Seawall
  • Boat Lift
  • Private Dock
  • Deck
  • Exterior Lighting
  • Outdoor Grill

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Whole House Permanent Generator
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 03-41-32-019-0710

Community Details

Overview

  • Club Membership Required
  • Gables Estates Subdivision
  • Mandatory home owners association

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$103,445

Year Built

Built in 2017 | Newly Remodeled

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
  • Co List Office Mls Id: OSIR01
  • Co List Office Phone: 305-666-0562
  • Directions: Entrance to Gables Estates is at the intersection of Old Cutler and SW 88 ST. Once you pass the gate go straight and turn first left at rotunda. Proceed straight until almost the end of the street. House is on the right side.
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlift,Private Dock,Unrestricted Salt Water Access, Electric Available,Exclusive Use,Lift,Over 101 Ft Boat,Private Dock,Water Available
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: Gables Estates
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Gas Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Cooking Island, Elevator, Entrance Foyer, Pantry, Walk-In Closet(s), Wet Bar, Attic, Den/Library/Office, Family Room, Maid/In-Law Quarters, Media Room, Sauna, Storage, Utility Room/Laundry
  • Spa Yn: Yes
  • Accessibility Features: Accessible Elevator Installed
  • Full Bathrooms: 9
  • Half Bathrooms: 3
  • Total Bedrooms: 9
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Furnished: Furniture For Sale, Unfurnished, Furniture Negotiable
  • Living Area: 11609
  • Other Equipment: Whole House Permanent Generator, Central Vacuum, Elevator, Intercom
  • Possible Use: Unknown/Withheld
  • Window Features: Clear Impact Glass, Complete Impact Glass, Blinds, High Impact Windows, Sliding
  • Bedroom Features: At Least 1 Bedroom Ground Level, Sitting Area - Master Bedroom, Master Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Formal Dining, Snack Bar/Counter
  • Living Room Features: Attic, Den/Library/Office, Family Room, Maid/In-Law Quarters, Media Room, Sauna, Storage Room, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • Roof: Other
  • View: Bay, Water
  • Exterior Features: Barbeque, Lighting, Outdoor Shower
  • Construction Type: CBS Construction, Elevated Construction, Piling Construction
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: 3/4 To Less Than 1 Acre Lot, East Of US 1
  • Patio And Porch Features: Deck
  • Pool Features: In Ground, Heated, Pool Bath, Pool/Spa Combo
  • Pool Private: No
  • Property Condition: New Construction, Piling Construction
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Width 121 Feet Or More, No Fixed Bridges, Seawall
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Gables Estates
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway, Paver Block

Utilities

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

Condo/Co-op/Association

  • Association Fee: 6000
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Gated Community, Mandatory Hoa, Security Patrol
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

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

Lot Info

  • Parcel Number: 03-41-32-019-0710
  • Zoning: 10/S FM
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Exposure/Shade, HVAC, Ventilation

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 103445

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2018
Closed on
Jul 17, 2020
Sold by
Decastro Eduardo and De Castro Adriana
Bought by
Millstein Lee Scott and Millstein Sylvie Keiko
Seller's Agent
Adriana Guerra De Castro
One Sotheby's International Realty
Buyer's Agent
Seth Feuer
Compass Florida, LLC
List Price
$27,900,000
Sold Price
$22,000,000
Premium/Discount to List
-$5,900,000
-21.15%
Current Estimated Value
$26,520,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,520,160
Avg. Annual Appreciation
3.75%

Purchase Details

Listed on
Jan 29, 2014
Closed on
Apr 6, 2014
Sold by
Reis Ronald
Bought by
Guerra Decastro Eduardo and Guerra De Castro Adriana
Seller's Agent
Jorge Uribe
One Sotheby's International Realty
Buyer's Agent
Adriana Guerra De Castro
One Sotheby's International Realty
List Price
$6,900,000
Sold Price
$6,850,000
Premium/Discount to List
-$50,000
-0.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.35%

Purchase Details

Closed on
Dec 20, 2012
Sold by
Reis Barbara and Reis Robert L
Bought by
Reis Ronald

Purchase Details

Closed on
Oct 10, 2012
Sold by
Reis Robert L and Reis Barbara
Bought by
Reis Barbara
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
Millstein Lee Scott $22,000,000 Attorney
Guerra Decastro Eduardo $6,850,000 Universal Title Company
Reis Ronald -- Attorney
Reis Barbara -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Milistein Sylvie Keiko $14,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2020 07/22/20 Sold $22,000,000 -21.1% $1,895 / Sq Ft
07/03/2020 07/03/20 Pending -- -- --
07/01/2020 07/01/20 For Sale $27,900,000 +26.8% $2,403 / Sq Ft
06/30/2020 06/30/20 Off Market $22,000,000 -- --
12/09/2019 12/09/19 Price Changed $27,900,000 -6.7% $2,403 / Sq Ft
08/03/2018 08/03/18 For Sale $29,900,000 +336.5% $2,576 / Sq Ft
04/07/2014 04/07/14 Sold $6,850,000 -0.7% $1,307 / Sq Ft
02/06/2014 02/06/14 Pending -- -- --
01/29/2014 01/29/14 For Sale $6,900,000 -- $1,317 / 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 $310,933 $17,615,730 -- --
2024 $303,606 $17,119,272 -- --
2023 $303,606 $16,620,653 $0 $0
2022 $294,567 $16,136,557 $5,894,049 $10,242,508
2021 $305,696 $16,243,215 $5,894,049 $10,349,166
2020 $162,811 $8,618,601 $0 $0
2019 $158,662 $8,424,830 $4,759,170 $3,665,660
2018 $0 $8,460,170 $4,759,170 $3,701,000
2017 $103,446 $5,527,959 $0 $0
2016 $105,554 $5,527,959 $0 $0
2015 $33,399 $5,271,696 $0 $0
2014 $33,399 $1,716,282 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10515403

MIAMI REALTORS® MLS

APN: 03-4132-019-0710