NOT LISTED FOR SALE

Estimated Value: $7,167,000 - $41,849,318

6 Beds
7 Baths
12,829 Sq Ft
$1,910/Sq Ft Est. Value

Last Sold July 22, 2022

Last sale price $34,000,000 $2,650 Per Sq Ft

Est. 28% decrease in value since last sale

Current estimated payment $178,609/month

510 Days on Market

Highlights

  • Property has ocean access
  • Deeded Boat Dock
  • Newly Remodeled
  • Sunset Elementary School Rated A
  • Guest House
  • In Ground Pool

About This Home

As of July 2022

2021 Masterpiece located in one of only two private & gated Coral Gables communities. Set on almost 2 acres w 200' of water & direct ocean access, this magnificent estate has been meticulously designed for the most discerning Buyer. Spectacular soaring entry leads to six beds & 7 baths spread over 12,829 SqFt of la. Chef’s kitchen is an epicurean dream w gourmet kitchen featuring gas cook-top, cooking island, food warmer, double ovens & a large window overlooking pool & waterway. Covered terraces, 2nd story terraces and expansive pool area featuring a fully equipped outdoor kitchen & dining area w BBQ grill.Gym, indoor rock climbing wall, wine cellar, full home generator & 9car garage (w height for lifts) are some of the luxuries which make this estate one of a kind. (Adj SqFt 13,212)

Last Agent to Sell the Property

Lourdes Alatriste

Douglas Elliman License #0693485 Listed on: 01/08/2021

Douglas Elliman

Co-Listed By

Raquel Cordon

MMLS Assoc.-Inactive Member License #3463908

Last Buyer's Agent

Carlos Coto

One Sotheby's International Realty License #0165407

One Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $135,398

Year Built

  • Built in 1996 | Newly Remodeled

Lot Details

  • 1.89 Acre Lot
  • 200 Ft Wide Lot
  • West Facing Home
  • Property is zoned 0100

HOA Fees

  • $1,500 Monthly HOA Fees

Parking

  • 9 Car Attached Garage
  • Electric Vehicle Home Charger
  • Automatic Garage Door Opener
  • Circular Driveway
  • Open Parking

Property Views

  • Canal
  • Garden
  • Pool

Home Design

  • Concrete Block With Brick
  • Concrete Roof

Interior Spaces

  • 12,829 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Blinds
  • Casement Windows
  • Great Room
  • Family Room
  • Formal Dining Room
  • Den
  • Marble Flooring
  • Dryer

Kitchen

  • Breakfast Area or Nook
  • Dishwasher
  • Cooking Island
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Studio bedroom
  • In-Law or Guest Suite
  • 7 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Home Security

  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • No Fixed Bridges
  • Mangrove Front
  • Deeded Boat Dock
  • Deck
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Guest House

Listing and Financial Details

  • Assessor Parcel Number 03-51-06-022-0080

Community Details

Overview

  • Club Membership Required
  • Journeys End Estates Subdivision
  • Maintained Community

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$135,398

Year Built

Built in 1996 | Newly Remodeled

Lot Details

0

HOA Fees

$1,500 per month

Parking

9

Listing Details

  • Property Type: Residential
  • Year Built: 1996
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Co List Office Mls Id: DEOM19
  • Co List Office Phone: 305-695-6060
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Dock,Private Dock, Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: JOURNEYS END ESTATES
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater
  • Interior Amenities: First Floor Entry, Bar, Built-in Features, Cooking Island, Elevator, Den/Library/Office, Family Room, Great Room, Separate Guest/In-Law Quarters
  • Full Bathrooms: 7
  • Total Bedrooms: 6
  • Door Features: High Impact Doors
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 12829
  • Other Equipment: Automatic Garage Door Opener, Elevator
  • Possible Use: Secondary
  • Window Features: Clear Impact Glass, Blinds, Casement, High Impact Windows, Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level, Sitting Area - Master Bedroom, Master Bedroom Upstairs, Studio
  • Dining Room Features: Breakfast Area, Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Great Room, Separate Guest/In-Law Quarters, Guest House
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Concrete
  • View: Canal, Garden, Pool
  • Exterior Features: Barbeque, Built-In Grill, Lighting
  • Construction Type: Concrete Block With Brick
  • Direction Faces: West
  • Lot Features: 1 To Less Than 2 Acre Lot
  • Other Structures: Guest House
  • Patio And Porch Features: Deck
  • Pool Features: In Ground
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Access, Mangrove Front, No Fixed Bridges
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: JOURNEYS END ESTATES
  • Covered Parking Spaces: 9
  • Garage Spaces: 9
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Covered, Electric Vehicle Charging Station(s)

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Alarm

Condo/Co-op/Association

  • Association Fee: 1500
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Gated, Maintained Community, Private Roads, Security Patrol
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 03-51-06-022-0080
  • Lot Size Sq Ft: 82388
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 135398

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2021
Closed on
Jul 20, 2022
Sold by
Calvoz and Raquel
Bought by
Forgotten Fountain Llc
Seller's Agent
Lourdes Alatriste
Douglas Elliman
Buyer's Agent
Carlos Coto
One Sotheby's International Realty
List Price
$25,800,000
Sold Price
$34,000,000
Premium/Discount to List
$8,200,000
31.78%
Current Estimated Value
$24,508,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,491,841
Avg. Annual Appreciation
-9.85%
Original Mortgage
$5,000,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 3, 2018
Closed on
Apr 9, 2018
Sold by
Guerra Armando J and Guerra Maria C
Bought by
Calvoz Raul and Calvoz Raquel
Seller's Agent
Lourdes Alatriste
Douglas Elliman
Buyer's Agent
Lourdes Alatriste
Douglas Elliman
List Price
$8,900,000
Sold Price
$8,500,000
Premium/Discount to List
-$400,000
-4.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.15%

Purchase Details

Closed on
Aug 1, 2002
Sold by
Dimond Dev Iii Llc C
Bought by
Torres Henry and Torres Nilda
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
Forgotten Fountain Llc $34,000,000 Krinzman Huss Lubetsky Feldman
Calvoz Raul $8,500,000 Attorney
Torres Henry $6,400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Forgotten Fountain Llc $5,000,000
Previous Owner Guerra Armando J $4,000,000
Previous Owner Guerra Armando J $1,195,000
Previous Owner Guerra Armando J $4,000,000
Previous Owner Guerra Armando J $475,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2022 07/22/22 Sold $34,000,000 -2.6% $2,650 / Sq Ft
06/02/2022 06/02/22 Pending -- -- --
09/07/2021 09/07/21 Price Changed $34,900,000 +16.7% $2,720 / Sq Ft
02/05/2021 02/05/21 Price Changed $29,900,000 +15.9% $2,331 / Sq Ft
01/08/2021 01/08/21 For Sale $25,800,000 +203.5% $2,011 / Sq Ft
04/09/2018 04/09/18 Sold $8,500,000 -4.5% $663 / Sq Ft
04/03/2018 04/03/18 Pending -- -- --
04/03/2018 04/03/18 For Sale $8,900,000 -- $694 / 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 $501,043 $27,831,805 $16,477,600 $11,354,205
2024 $454,099 $27,280,039 -- --
2023 $454,099 $24,800,036 $13,211,740 $11,588,296
2022 $153,984 $8,431,483 $6,953,547 $1,477,936
2021 $145,235 $7,715,139 $6,953,547 $761,592
2020 $146,820 $7,778,087 $6,953,547 $824,540
2019 $135,398 $7,154,403 $6,319,160 $835,243
2018 $75,217 $4,108,526 $0 $0
2017 $74,612 $4,024,022 $0 $0
2016 $74,555 $3,941,256 $0 $0
2015 $75,447 $3,913,859 $0 $0
2014 $76,475 $3,882,797 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10959699

MIAMI REALTORS® MLS

APN: 03-5106-022-0080