NOT LISTED FOR SALE

Estimated Value: $4,320,838 - $6,262,000

5 Beds
4.5 Baths
3,779 Sq Ft
$1,399/Sq Ft Est. Value

Last Sold November 18, 2013

Last sale price $2,075,000 $549 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $30,526/month

15 Days on Market

Highlights

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

About This Home

As of November 2013

Waterfront-No Bridge-1 block to open Bay.100Ft seawall w/75 Ft lit dock & underwater lighting.Beautiful 1Story elevated pool home, remodeled in 2009 & totally updated in 2011.Amazing eat in kitchen w/views of waterway.Marble & wood floors, impact windows & doors. Bi-level outdoor area perfect for parties.1200 sqft storage plus bonus room & bath on dock level.Premier,quiet CUL-DE-SAC street in exlusive 24 Hour Guarded & Gated Gables by the Sea. Best school district, public and private in South Florida.

Last Agent to Sell the Property

Franco Bianco

Shelton and Stewart REALTORS License #3155226 Listed on: 10/09/2013

Shelton and Stewart REALTORS

Last Buyer's Agent

Blanca Byrne

London Foster Realty License #3219925

London Foster Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,777

Year Built

  • Built in 1977

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 100x120
  • Home fronts navigable water
  • Home fronts a canal
  • East Facing Home
  • Property is zoned 9 /S FM

Parking

  • 2 Car Attached Garage
  • Circular Driveway
  • Open Parking

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,779 Sq Ft Home
  • 1-Story Property
  • Furniture Can Be Negotiated
  • Ceiling Fan
  • Skylights
  • Fireplace
  • Blinds
  • Great Room
  • Family or Dining Combination
  • Storage Room
  • Canal Views
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Electric Range
  • Microwave
  • Free-Standing Freezer
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Bidet
  • Roman Tub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • No Fixed Bridges
  • Private Dock
  • Deck
  • Exterior Lighting
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Water Purifier

Listing and Financial Details

  • Assessor Parcel Number 03-51-18-008-0640

Community Details

Overview

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

Recreation

  • Boating

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,777

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1977
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Directions: OLD CUTLER SOUTH TO LUGO AVE (SW 128 ST) EAST PAST GUARD GATE, AT FIRST STOP SIGN TURN RIGHT (SOUTH) 3 BLOCKS TO BELLA VISTA - TURN LEFT (EAST) TO SAN JOSE.
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock
  • Lot Size: 100x120
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: CORAL BAY SEC D,GABLES BY THE SEA
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Free-Standing Freezer, Ice Maker, Microwave, Water Purifier, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Roman Tub, Skylight, Walk-In Closet(s), Family Room, Great Room, Storage
  • Spa Yn: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Furnished: Unfurnished, Furniture Negotiable
  • Living Area: 3779
  • Possible Use: Primary
  • Window Features: Skylight, Blinds
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Primary Bedroom Ground Level
  • Dining Room Features: Eat-In Kitchen, Family/Dining Combination
  • Living Room Features: Family Room, Great Room, Storage Room
  • Master Bathroom Features: Bidet

Exterior Features

  • Roof: Barrel Roof
  • View: Canal, Water
  • Exterior Features: Lighting
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Deck, Open Porch
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: WF/Pool/No Ocean Access, Canal Front, Navigable Water, No Fixed Bridges, Ocean Access
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: Boating, Gated Community, Voluntary Hoa

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

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

Lot Info

  • Parcel Number: 03-51-18-008-0640
  • Lot Size Sq Ft: 12000
  • Zoning: 9 /S FM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 21777

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2013
Closed on
Nov 18, 2013
Sold by
Monroig Miguel L and Monroig Nicole D
Bought by
Velez Jorge and Linares Olga
Seller's Agent
Franco Bianco
Shelton and Stewart REALTORS
Buyer's Agent
Blanca Byrne
London Foster Realty
List Price
$2,099,000
Sold Price
$2,075,000
Premium/Discount to List
-$24,000
-1.14%
Current Estimated Value
$5,286,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,211,210
Avg. Annual Appreciation
8.15%
Original Mortgage
$1,500,000
Outstanding Balance
$1,096,980
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,189,230

Purchase Details

Listed on
May 18, 2010
Closed on
Jun 12, 2012
Sold by
Pons Francisco and Pons Elizabeth
Bought by
Monroig Miguel L and Jones Nicole D
Seller's Agent
Franco Bianco
Shelton and Stewart REALTORS
Buyer's Agent
Franco Bianco
Shelton and Stewart REALTORS
List Price
$1,700,000
Sold Price
$1,700,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.96%
Original Mortgage
$1,445,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2008
Sold by
Osorno Juan and Osorno Patricia
Bought by
Pons Francisco and Pons Elizabeth S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,488,000
Interest Rate
5.52%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 1, 2005
Sold by
Vosper Management Ltd
Bought by
Osorno Juan and Osorno Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.59%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 7, 2000
Sold by
Browne Peter V and Browne Marlen K
Bought by
Vosper Management Ltd
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
Velez Jorge $2,075,000 Attorney
Monroig Miguel L $1,700,000 Attorney
Pons Francisco $1,860,000 Attorney
Osorno Juan $1,430,000 --
Vosper Management Ltd $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velez Jorge $1,500,000
Previous Owner Monroig Miguel L $1,445,000
Previous Owner Pons Francisco $1,488,000
Previous Owner Osorno Juan $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/18/2013 11/18/13 Sold $2,075,000 -1.1% $549 / Sq Ft
10/25/2013 10/25/13 Pending -- -- --
10/09/2013 10/09/13 For Sale $2,099,000 +23.5% $555 / Sq Ft
06/13/2012 06/13/12 Sold $1,700,000 0.0% $421 / Sq Ft View Prior Sale
05/13/2012 05/13/12 Pending -- -- --
05/18/2010 05/18/10 For Sale $1,700,000 -- $421 / 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 $33,625 $1,862,704 -- --
2024 $31,497 $1,810,208 -- --
2023 $31,497 $1,757,484 $0 $0
2022 $31,720 $1,706,296 $0 $0
2021 $31,575 $1,659,411 $1,080,000 $579,411
2020 $31,589 $1,655,620 $1,069,200 $586,420
2019 $31,800 $1,662,630 $1,069,200 $593,430
2018 $32,066 $1,668,127 $0 $0
2017 $31,085 $1,633,817 $0 $0
2016 $30,799 $1,600,213 $0 $0
2015 $31,188 $1,589,090 $0 $0
2014 $31,426 $1,576,479 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A1853885

MIAMI REALTORS® MLS

APN: 03-5118-008-0640