NOT LISTED FOR SALE

Estimated Value: $8,357,000 - $29,605,932

8 Beds
12 Baths
15,080 Sq Ft
$1,259/Sq Ft Est. Value

Sale Details

Date Sold: March 18, 2015

Last sale price $12,600,000 $836 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $121,707 / mo

1062 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • Home fronts a lagoon or estuary
  • Sunset Elementary School Rated A
  • Heated In Ground Pool
  • Sauna

About This Home

As of March 2015

Boasting a premiere location within Gables Estates, this one-of-a-kind estate is perfectly situated to capture wide & long views of the waterway.Designed by Chris Fergis & built by Coastal in 1996, this is a beautiful home with classic lines & contemporar y flair. Lush grounds w/tropical plantings & specimen trees, 900 linear feet of waterfront, 2 docks, heated pool & spa, guest house, private observatory, shooting range, dark room, game room and an lovely 2 story library with it's own elevator.

Last Agent to Sell the Property

Audrey Ross, Ph.D

Compass Florida, LLC License #3391913 Listed on: 02/29/2012

Compass Florida, LLC

Last Buyer's Agent

Audrey Ross, Ph.D

Compass Florida, LLC License #3391913 Listed on: 02/29/2012

Compass Florida, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $123,347

Year Built

  • Built in 1996

Lot Details

  • 1.94 Acre Lot
  • 900 Ft Wide Lot
  • Home fronts a lagoon or estuary
  • West Facing Home
  • Property is zoned 14/S FM

HOA Fees

  • $500 Monthly HOA Fees

Parking

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

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 15,080 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Fireplace
  • Electric Shutters
  • Casement Windows
  • French Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Recreation Room
  • Loft
  • Workshop
  • Storage Room
  • Sauna
  • Lagoon Views
  • Security System Owned

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Gas Range
  • Microwave
  • Free-Standing Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • In-Law or Guest Suite
  • Bidet
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Pool Bathroom

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Boat Hoist or Davit
  • Private Dock
  • Balcony
  • Exterior Lighting
  • Shed
  • Outdoor Grill

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 03-51-05-003-0010

Community Details

Overview

  • Club Membership Required
  • Gables Estates Subdivision

Security

  • Resident Manager or Management On Site
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$123,347

Year Built

Built in 1996

Lot Details

1.94 Acres

HOA Fees

$500 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 1996
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boat Hoists/Davits,Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: GABLES ESTATES
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Free-Standing Freezer, Microwave, Gas Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Built-in Features, Elevator, Entrance Foyer, French Doors, Volume Ceilings, Walk-In Closet(s), Family Room, Separate Guest/In-Law Quarters, Loft, Recreation Room, Sauna, Storage, Utility Room/Laundry, Workshop
  • Spa Yn: Yes
  • Full Bathrooms: 10
  • Half Bathrooms: 2
  • Total Bedrooms: 8
  • Door Features: French Doors
  • Entry Location: Foyer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Furnished: Unfurnished
  • Living Area: 15080
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Unknown/Withheld
  • Window Features: Electric Shutters, Casement
  • Bedroom Features: Sitting Area - Primary Bedroom, Primary Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Formal Dining
  • Living Room Features: Family Room, Separate Guest/In-Law Quarters, Loft, Recreation Room, Sauna, Storage Room, Utility Room/Laundry, Workshop
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • Roof: Other
  • View: Lagoon
  • Exterior Features: Barbeque, Fruit Trees, Lighting, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Lot Features: 1 To Less Than 2 Acre Lot
  • Other Structures: Extra Building/Shed
  • Patio And Porch Features: Open Balcony
  • Pool Features: In Ground, Heated, Pool Bath
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Lagoon, No Fixed Bridges, Seawall
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: GABLES ESTATES
  • Carport Spaces: 2
  • Covered Parking Spaces: 6
  • Garage Spaces: 4
  • Open Parking: Yes
  • Parking Features: Attached Carport, Circular Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Owned Burglar Alarm

Condo/Co-op/Association

  • Association Fee: 6000
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Gated Community, Management On Site, Public Road
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 03-51-05-003-0010
  • Lot Size Sq Ft: 84490
  • Zoning: 14/S FM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 123347

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2012
Closed on
Mar 18, 2015
Sold by
Bales Thomas O and Ryan Constance M
Bought by
Guerra Armando J and Santana Magaly
Seller's Agent
Audrey Ross, Ph.D
Compass Florida, LLC
Buyer's Agent
Audrey Ross, Ph.D
Compass Florida, LLC
List Price
$18,000,000
Sold Price
$12,600,000
Premium/Discount to List
-$5,400,000
-30%
Current Estimated Value
$18,981,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,381,466
Avg. Annual Appreciation
3.78%
Original Mortgage
$8,190,000
Outstanding Balance
$6,200,148
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$12,781,318
Source: Public Records
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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
Guerra Armando J $12,600,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guerra Armando J $8,190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2015 03/18/15 Sold $12,600,000 -30.0% $836 / Sq Ft
01/27/2015 01/27/15 Pending -- -- --
02/29/2012 02/29/12 For Sale $18,000,000 -- $1,194 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $684,188 $38,045,818 $29,993,950 $8,051,868
2024 $328,601 $37,625,290 -- --
2023 $328,601 $13,292,109 $0 $0
2022 $236,754 $13,199,004 $0 $0
2021 $225,840 $11,999,095 $11,997,580 $1,515
2020 $210,517 $11,154,195 $11,152,680 $1,515
2019 $201,467 $10,647,255 $10,645,740 $1,515
2018 $201,624 $10,909,911 $10,645,740 $264,171
2017 $204,292 $10,913,240 $0 $0
2016 $209,487 $10,710,000 $0 $0
2015 $123,728 $6,395,026 $0 $0
2014 $125,416 $6,344,272 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1611343

MIAMI REALTORS® MLS

APN: 03-5105-003-0010

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