NOT LISTED FOR SALE

Estimated Value: $6,855,000 - $20,840,365

7 Beds
8.5 Baths
6,605 Sq Ft
$2,097/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $16,050,000 $2,430 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $95,674/month

93 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • Two Primary Bathrooms
  • Sunset Elementary School Rated A
  • In Ground Pool
  • Home fronts a canal

About This Home

As of August 2021

Dream CLASSIC CONTEMPORARY WATERFRONT home in the exclusive GATED Community of Old Cutler Bay in CORAL GABLES.This stunning 11,112 SF Total home lies on a 22,400 SF Lot,w/140 Ft of waterfrontage,100 ft dock w/no bridges to bay,offering 7 beds+possible 8th&8.5 baths.Featuring the ideal outdoor entertaining areas,Grillworks Argentinian Parilla, outdoor dining rm+an Infinity pool.This home radiates elegance w/a double height foyer leading you to the formal living & dining room.State of the art kitchen by Mia Cucina,Subzero&Wolf appliances+a Bertazzoni gas stove w/double ovens,informal dinning room. 2nd flr offers expansive master suite+3 ensuite guest beds+a family room w/full bath. 1st flr offers 2 add'l ensuite guest rooms, fully equipped 3 car garage, elevator, laundry room, staff quarters

Last Agent to Sell the Property

Saddy Delgado

One Sotheby's International Realty License #0430423 Listed on: 04/05/2021

One Sotheby's International Realty

Last Buyer's Agent

Saddy Delgado

One Sotheby's International Realty License #0430423 Listed on: 04/05/2021

One Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $133,410

Year Built

  • Built in 2018

Lot Details

  • 0.51 Acre Lot
  • Home fronts a canal
  • East Facing Home
  • Property is zoned 0100

Parking

  • 2 Car Garage
  • Driveway
  • On-Street Parking
  • Open Parking

Property Views

  • Canal
  • Pool

Home Design

  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 6,605 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • High Impact Door
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Two Primary Bathrooms
  • Maid or Guest Quarters
  • Bidet
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • No Fixed Bridges
  • Private Dock
  • Balcony
  • Patio
  • Outdoor Grill
  • Porch

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 03-51-05-006-0040

Community Details

Overview

  • No Home Owners Association
  • Voluntary home owners association
  • Old Cutler Bay Sec 2 Subdivision

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$133,410

Year Built

Built in 2018

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2018
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Dock Available,Private Dock, Dock Available,Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: OLD CUTLER BAY SEC 2
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Gas Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Elevator, Entrance Foyer, Pantry, Walk-In Closet(s), Attic, Den/Library/Office, Family Room, Maid/In-Law Quarters
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 6605
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Bedroom Features: At Least 1 Bedroom Ground Level, Master Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Formal Dining
  • Living Room Features: Attic, Den/Library/Office, Family Room, Maid/In-Law Quarters
  • Master Bathroom Features: 2 Master Bathrooms, Bidet, Separate Tub & Shower

Exterior Features

  • Roof: Flat Tile
  • View: Canal, Pool, Water
  • Exterior Features: Built-In Grill, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot
  • Patio And Porch Features: Open Balcony, Open Porch, Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Front, No Fixed Bridges
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: OLD CUTLER BAY SEC 2
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway, Other, On Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Security Patrol, Voluntary Hoa

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 03-51-05-006-0040
  • Lot Size Sq Ft: 22400
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 133410

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2021
Closed on
Aug 19, 2021
Sold by
Fijado Llc
Bought by
Castro Luis and Horta Raisa
Seller's Agent
Saddy Delgado
One Sotheby's International Realty
Buyer's Agent
Saddy Delgado
One Sotheby's International Realty
List Price
$17,500,000
Sold Price
$16,050,000
Premium/Discount to List
-$1,450,000
-8.29%
Current Estimated Value
$13,847,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,202,317
Avg. Annual Appreciation
0.16%

Purchase Details

Closed on
Feb 15, 2018
Sold by
Safe Harbor View Llc
Bought by
Fijado Llc

Purchase Details

Closed on
Mar 5, 2014
Sold by
Decastro Eduardo and De Castro Adriana G
Bought by
Safe Harbor View Llc

Purchase Details

Closed on
Apr 19, 2012
Sold by
Perez Francisco J and Perez Lilliam D
Bought by
Decastro Eduardo and Decastro Adriana G

Purchase Details

Closed on
Jan 5, 2005
Sold by
Vondra Francis J
Bought by
Perez Francisco J and Perez Lilliam D

Purchase Details

Closed on
Nov 6, 2002
Sold by
Vondra Francis J
Bought by
Vondra Francis J Trust
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
Castro Luis $16,050,000 Mg Title Services Inc
Fijado Llc $8,350,000 Attorney
Safe Harbor View Llc $2,850,000 Attorney
Decastro Eduardo $2,350,000 Attorney
Perez Francisco J $1,850,000 --
Vondra Francis J Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castro Luis $8,000,000
Closed Castro Luis $8,000,000
Previous Owner Perez Francisco J $850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold $16,050,000 -8.3% $2,430 / Sq Ft
07/07/2021 07/07/21 Pending -- -- --
04/05/2021 04/05/21 For Sale $17,500,000 -- $2,650 / 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 $262,737 $14,601,235 -- --
2024 $256,865 $14,189,733 -- --
2023 $256,865 $13,776,440 $0 $0
2022 $248,434 $13,375,185 $0 $0
2021 $135,809 $6,932,826 $3,539,200 $3,393,626
2020 $133,410 $6,787,008 $3,360,000 $3,427,008
2019 $129,574 $6,614,309 $3,153,920 $3,460,389
2018 $56,659 $2,867,200 $2,867,200 $0
2017 $53,479 $2,439,360 $0 $0
2016 $50,485 $2,217,600 $0 $0
2015 $42,984 $2,016,000 $0 $0
2014 $40,760 $1,892,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11019985

MIAMI REALTORS® MLS

APN: 03-5105-006-0040