NOT LISTED FOR SALE

Estimated Value: $6,894,000 - $22,407,402

7 Beds
7.5 Baths
10,061 Sq Ft
$1,456/Sq Ft Est. Value

Last Sold March 09, 2022

Last sale price $24,000,000 $2,385 Per Sq Ft

Est. 39% decrease in value since last sale

Current estimated payment $111,103/month

60 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • New Construction
  • Sunset Elementary School Rated A
  • Boat Lift
  • Heated In Ground Pool

About This Home

As of March 2022

Dream Home with 10,061 SF on a Corner Lot with over 355’ of Waterfront in the Exclusive Gated Community of Old Cutler Bay. Featuring 7 Bedrooms, 7.5 Bathrooms, an Infinity Pool, and a Grand Living Room with Natural Lighting Accentuated by Two Floors of High Impact Windows, creating a Bright Airy and Open Space. Custom Mia Cucina Kitchen and a Spacious Family Room with a beautiful Wine Cellar and Bar. Travertine & Oak floors throughout the interior and an incredible Catwalk leading to the Master Suite with His and Her Walk-In Closet, which overlooks the Open Water. Enjoy a Home Office, Gym, and a Stunning Pool Area with a Covered Summer Kitchen, Gas Fireplace, Whole-House Generator, Wolf & Subzero Appliances, Putting Green, & Lush Landscaping. Bring Your Yacht & Supercars with a 2+2 Garage!

Last Agent to Sell the Property

Sabriane Brandao

Florida Capital Realty License #3309395 Listed on: 11/19/2021

Florida Capital Realty

Co-Listed By

James Bennett

Florida Capital Realty License #3443420

Last Buyer's Agent

Jorge Uribe

One Sotheby's International Realty License #3080567

One Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $176,817

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 0.72 Acre Lot
  • 355 Ft Wide Lot
  • Home fronts a canal
  • East Facing Home
  • Property is zoned 0100

Parking

  • 2 Car Attached Garage
  • 2 Attached Carport Spaces
  • Driveway
  • Paver Block
  • Open Parking

Home Design

  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 10,061 Sq Ft Home
  • 2-Story Property
  • Custom Mirrors
  • Furniture for Sale
  • Built-In Features
  • Fireplace
  • Family Room
  • Combination Dining and Living Room
  • Canal Views
  • Fire Sprinkler System

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Walk-In Closet
  • Two Primary Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Outdoor Features

  • Heated In Ground Pool
  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Boat Lift
  • Private Dock
  • Outdoor Grill

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 03-51-05-006-0180

Community Details

Overview

  • Property has a 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

$176,817

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2020
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Carport Y N: Yes
  • Co List Office Mls Id: BGAR01
  • Co List Office Phone: 305-968-9442
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlift,Dock Available,Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: OLD CUTLER BAY SEC 2
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Bar, Built-in Features, Closet Cabinetry, Cooking Island, Custom Mirrors, Elevator, Fire Sprinklers, Pantry, Walk-In Closet(s), Family Room, Utility Room/Laundry
  • Spa Yn: Yes
  • Accessibility Features: Accessible Elevator Installed
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble, Other, Wood
  • Furnished: Furniture For Sale
  • Living Area: 10061
  • Other Equipment: Elevator
  • Possible Use: Primary
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Master Bedroom Upstairs
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen
  • Living Room Features: Family Room, Utility Room/Laundry
  • Master Bathroom Features: 2 Master Bathrooms, Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Concrete
  • View: Canal
  • Exterior Features: Barbeque
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot
  • Pool Features: In Ground, Heated
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Front, No Fixed Bridges, Seawall
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: OLD CUTLER BAY SEC 2
  • Carport Spaces: 2
  • Covered Parking Spaces: 4
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Attached Carport, Covered, Driveway, Paver Block

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: Fire Sprinklers

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Security Patrol, Voluntary Hoa

Association/Amenities

  • MIAMIRE_TypeofAssociation: Voluntary

Lot Info

  • Parcel Number: 03-51-05-006-0180
  • Lot Size Sq Ft: 31504
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 176817

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2021
Closed on
Mar 9, 2022
Sold by
9380 Balada Llc
Bought by
Michael M Noell Revocable Trust
Seller's Agent
Sabriane Brandao
Florida Capital Realty
Buyer's Agent
Jorge Uribe
One Sotheby's International Realty
List Price
$26,000,000
Sold Price
$24,000,000
Premium/Discount to List
-$2,000,000
-7.69%
Current Estimated Value
$14,650,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,349,299
Avg. Annual Appreciation
-4.76%

Purchase Details

Listed on
Sep 29, 2013
Closed on
Feb 24, 2014
Sold by
Carlino Lawrence and Carlino Robert E
Bought by
9380 Balada Llc
Seller's Agent
Tony Rios
Shelton and Stewart REALTORS
Buyer's Agent
Toni Schrager
Brown Harris Stevens
List Price
$3,950,000
Sold Price
$3,300,000
Premium/Discount to List
-$650,000
-16.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.99%

Purchase Details

Closed on
Aug 26, 2010
Sold by
Carlino Mary Thais and Carlino Lorenzo
Bought by
Carlino Mary Thais and Mary Thais Carlino Revocable Trust
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
Michael M Noell Revocable Trust $24,000,000 Grueninger Law Pa
9380 Balada Llc $3,300,000 Florida Clear Title Corp
Carlino Mary Thais -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michael M Noell Revocable Trus $13,200,000
Previous Owner 9380 Balada Llc $7,800,000
Previous Owner Carlino Mary Thais $938,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2022 03/09/22 Sold $24,000,000 -7.7% $2,385 / Sq Ft
01/19/2022 01/19/22 Pending -- -- --
11/19/2021 11/19/21 For Sale $26,000,000 +687.9% $2,584 / Sq Ft
02/24/2014 02/24/14 Sold $3,300,000 -8.1% $789 / Sq Ft
01/13/2014 01/13/14 Pending -- -- --
12/28/2013 12/28/13 Price Changed $3,590,000 -5.3% $859 / Sq Ft
10/15/2013 10/15/13 Price Changed $3,790,000 -5.0% $907 / Sq Ft
10/04/2013 10/04/13 Price Changed $3,990,000 +1.0% $955 / Sq Ft
09/29/2013 09/29/13 For Sale $3,950,000 -- $945 / 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 $382,712 $21,240,934 $9,445,500 $11,795,434
2024 $379,028 $20,812,727 $9,369,936 $11,442,791
2023 $379,028 $20,459,654 $8,415,940 $12,043,714
2022 $190,816 $10,076,273 $0 $0
2021 $176,817 $9,160,249 $4,974,630 $4,185,619
2020 $171,446 $8,949,590 $4,722,750 $4,226,840
2019 $85,793 $4,433,088 $4,433,088 $0
2018 $75,630 $4,030,080 $4,030,080 $0
2017 $74,339 $3,428,716 $0 $0
2016 $69,455 $3,117,015 $0 $0
2015 $58,825 $2,833,650 $0 $0
2014 $24,619 $1,120,963 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11125645

MIAMI REALTORS® MLS

APN: 03-5105-006-0180