NOT LISTED FOR SALE

Estimated Value: $4,238,000 - $6,145,000

4 Beds
3 Baths
3,607 Sq Ft
$1,476/Sq Ft Est. Value

Last Sold January 03, 2020

Last sale price $2,435,000 $675 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $30,754/month

204 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • Heated In Ground Pool
  • Pinecrest Elementary School Rated A
  • Home fronts navigable water
  • Bay View

About This Home

As of January 2020

Boater’s Paradise on deep wide waterway with 100’ frontage leading directly and immediately to the Bay. No bridges. Breathtaking open water views throughout this spacious 4/3 contemporary treasure. Over 4200 adj sf on the most desirable San Pedro south waterway in Gables by the Sea. Highly elevated on a 12k lot this 1992 home offers volume ceilings, ensuite bath, pool/spa surrounded by a huge open deck & covered veranda overlooking the Bay, private, generous master offers outstanding views of Biscayne Bay. 2 car gar plus huge bonus area w/ample nautical storage. One of Coral Gables’ finest guard-gated ocean access communities offering a neighborhood park, top rated schools, 20mph closed end pedestrian-friendly, tree-lined streets, top municipal services & a wonderful yet voluntary HOA.

Last Agent to Sell the Property

Nancy Sanabria

Compass Florida, LLC License #0500376 Listed on: 04/02/2019

Compass Florida, LLC

Last Buyer's Agent

MAR NON-MEMBER

NO MLS PARTICIPATION (MAR) License #0

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,303

Year Built

  • Built in 1992

Lot Details

  • 0.28 Acre Lot
  • Home fronts navigable water
  • North Facing Home
  • Property is zoned 0100

Parking

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

Property Views

  • Bay
  • Canal

Home Design

  • Elevated Home
  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,607 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Recreation Room
  • Storage Room
  • Ceramic Tile Flooring

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bidet
  • Dual Sinks

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Complete Accordion Shutters
  • Fire and Smoke Detector

Outdoor Features

  • Heated In Ground Pool
  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • No Wake Zone
  • Boat Hoist or Davit
  • Private Dock
  • Patio

Location

  • East of U.S. Route 1

Schools

  • Pinecrest Elementary School
  • Palmetto Middle School
  • Miami Palmetto High School

Utilities

  • Zoned Heating and Cooling
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 03-51-18-006-0970

Community Details

Overview

  • No Home Owners Association
  • Voluntary home owners association
  • Coral Bay Sec B,Gables By The Sea Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,303

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1992
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Directions: Visitors entry at right side of guardhouse. At the Lugo/Red Cr, head straight on Lugo and turn right onto San Pedro. House is on the right/south waterway.
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boat Hoists/Davits,Private Dock,Unrestricted Salt Water Access, Exclusive Use,Hoist/Davit,No Wake Zone,Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: CORAL BAY SEC B,GABLES BY THE SEA
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Second Floor Entry, Entrance Foyer, Split Bedroom, Volume Ceilings, Walk-In Closet(s), Family Room, Recreation Room, Storage, Utility Room/Laundry
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Entry Location: Foyer
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 3607
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Unknown/Withheld
  • Window Features: Complete Accordian Shutters, Hurricane Shutters, Blinds
  • Bedroom Features: Entry Level
  • Dining Room Features: Breakfast Area, Formal Dining
  • Living Room Features: Family Room, Recreation Room, Storage Room, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Dual Sinks

Exterior Features

  • Roof: Flat Tile
  • View: Bay, Canal
  • Construction Type: CBS Construction, Elevated Construction
  • Direction Faces: North
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot, East Of US 1
  • Patio And Porch Features: Patio
  • Pool Features: In Ground, Heated
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Navigable Water, No Fixed Bridges, Seawall
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: CORAL BAY SEC B
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Owned Burglar Alarm, Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: Gated, Public Road, Voluntary Hoa

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Pinecrest
  • High School: Miami Palmetto
  • Middle Or Junior School: Palmetto

Lot Info

  • Parcel Number: 03-51-18-006-0970
  • Lot Size Sq Ft: 12000
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 39303

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2019
Closed on
Jan 3, 2020
Sold by
Davies Hugh L
Bought by
Jimenez Reinaldo Ignacio
Seller's Agent
Nancy Sanabria
Compass Florida, LLC
Buyer's Agent
MAR NON-MEMBER
NO MLS PARTICIPATION (MAR)
List Price
$3,250,000
Sold Price
$2,435,000
Premium/Discount to List
-$815,000
-25.08%
Current Estimated Value
$5,323,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,888,618
Avg. Annual Appreciation
14.76%

Purchase Details

Closed on
Jul 20, 2001
Sold by
Alberto Dosal M and Alberto Lourdes Dosal
Bought by
Davies Hugh L
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
Jimenez Reinaldo Ignacio $2,300,000 Attorney
Davies Hugh L $1,610,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Revoc Reinaldo Ignacio Jimenez $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2020 01/03/20 Sold $2,435,000 +20191.7% $675 / Sq Ft
10/23/2019 10/23/19 Pending -- -- --
09/16/2019 09/16/19 Rented $12,000 -22.6% --
08/27/2019 08/27/19 For Rent $15,500 0.0% --
05/21/2019 05/21/19 Price Changed $3,090,000 -4.9% $857 / Sq Ft
04/02/2019 04/02/19 For Sale $3,250,000 0.0% $901 / Sq Ft
05/30/2018 05/30/18 Rented $9,600 -4.0% --
05/11/2018 05/11/18 Under Contract -- -- --
03/26/2018 03/26/18 Price Changed $10,000 -9.1% $3 / Sq Ft
08/18/2017 08/18/17 For Rent $11,000 -- --
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 $23,668 $1,299,843 -- --
2024 $21,775 $1,263,210 -- --
2023 $21,775 $1,226,418 $0 $0
2022 $22,286 $1,190,698 $0 $0
2021 $22,103 $1,156,018 $0 $0
2020 $37,135 $1,861,415 $1,277,400 $584,015
2019 $37,372 $1,869,411 $1,277,400 $592,011
2018 $39,303 $2,019,006 $1,419,000 $600,006
2017 $36,964 $1,848,880 $0 $0
2016 $39,086 $1,905,999 $0 $0
2015 $35,649 $1,778,118 $0 $0
2014 $35,931 $1,675,556 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10648855

MIAMI REALTORS® MLS

APN: 03-5118-006-0970