$17,400,000
SOLD FEB 7, 2025
6 Beds
7.5 Baths
6,194 Sq Ft
0.37 Acres

Recently Sold

$2,809 Per Sq Ft

16% Below List Price

115 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • Fitness Center
  • Sunset Elementary School Rated A
  • Up to 90-Foot Boat
  • Home Theater

About This Home

As of February 2025

291 Costanera represents a coveted opportunity to own a new waterfront home in the most desired community in South Florida. Exquisitely designed with impeccable finishes and attention to detail, the estate features beautifully landscaped grounds, extraordinary outdoor spaces, and 100 linear feet of waterway. 291 Costanera is a luxury waterfront residence unlike any that have come before it. Indulge in a life of luxury in this 9,862 sqft home, complete with 6 bedrooms, 7 baths, 1 half bath, office, service quarters, entertainment/billiard room, chef's kitchen, 11-foot ceilings, an infinity edge pool, a new 48 ft dock, outdoor kitchen, and a Crestron smart home system. This new construction property represents a unique opportunity with an unrivaled value proposition. Completed Q4 2024.

Last Agent to Sell the Property

Matthew Martinez

Beacon Hill Property Group, LLC. License #3197661

Last Buyer's Agent

Judith Zeder

Coldwell Banker Realty License #0650944

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $63,288

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 0.37 Acre Lot
  • 100 Ft Wide Lot
  • Waterfront
  • West Facing Home
  • Fenced
  • Property is zoned 0100

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Electric Vehicle Home Charger
  • Automatic Garage Door Opener
  • Driveway
  • Paver Block
  • Guest Parking
  • On-Street Parking
  • Open Parking

Property Views

  • Bay
  • Canal
  • Pool

Home Design

  • Concrete Roof
  • Piling Construction

Interior Spaces

  • 6,194 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Open Floorplan
  • Home Theater
  • Den

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Cooking Island

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Washer

Home Security

  • Clear Impact Glass
  • High Impact Door
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Property has ocean access
  • Up to 90-Foot Boat
  • Private Dock
  • Deck
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Whole House Permanent Generator
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 03-41-32-026-0160

Community Details

Overview

  • Club Membership Required
  • Cocoplum Sec 2 Plat C,Islands Of Cocoplum Subdivision
  • Mandatory home owners association
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Security

  • Security Service
  • Resident Manager or Management On Site
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$63,288

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$500 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2024
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Directions: Islands of Cocoplum 291 Costanera Road Coral Gables, FL 33143
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock, Private Dock,Up to 90 Ft Boat
  • New Construction: Yes
  • Structure Type: House
  • Subdivision Name: COCOPLUM SEC 2 PLAT C,Islands of Cocoplum
  • Year Built Details: New Construction
  • ResoPropertyType: Residential
  • Special Features: 4098

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Microwave, Gas Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Bar, Cooking Island, Elevator, Entrance Foyer, Pantry, Walk-In Closet(s), Den/Library/Office, Family Room, Separate Guest/In-Law Quarters, Maid/In-Law Quarters, Media Room, Utility Room/Laundry
  • Spa Yn: Yes
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 6194
  • Other Equipment: Whole House Permanent Generator, Automatic Garage Door Opener, Elevator, Natural Gas
  • Possible Use: Primary
  • Window Features: Clear Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen, Formal Dining, Kitchen Dining
  • Living Room Features: Den/Library/Office, Family Room, Separate Guest/In-Law Quarters, Maid/In-Law Quarters, Media Room, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Concrete
  • View: Bay, Canal, Pool, Water
  • Exterior Features: Built-In Grill, Lighting, Outdoor Shower
  • Construction Type: Piling Construction
  • Direction Faces: West
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Deck
  • Pool Features: In Ground
  • Pool Private: No
  • Property Condition: New Construction, Piling Construction
  • View: Yes
  • Waterfront Features: Ocean Access, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: COCOPLUM SEC 2 PLAT C
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Covered, Driveway, Electric Vehicle Charging Station(s), Guest, Paver Block, On Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association Fee: 1500
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Community Features: Additional Amenities, Clubhouse, Pool, Tennis Court(s), Exercise Room, Gated Community, Maintained Community, Management On Site, Mandatory Hoa, Security Patrol, Sidewalks, Street Lights, Underground Utilities
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 03-41-32-026-0160
  • Lot Size Sq Ft: 16031
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 63288

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2025 02/07/25 Sold $17,400,000 -11.9% $2,809 / Sq Ft
11/19/2024 11/19/24 Price Changed $19,750,000 -4.8% $3,189 / Sq Ft
10/15/2024 10/15/24 For Sale $20,750,000 +418.8% $3,350 / Sq Ft
11/18/2021 11/18/21 Sold $4,000,000 -16.7% $579 / Sq Ft
09/13/2021 09/13/21 For Sale $4,800,000 -- $695 / Sq Ft
Source: MIAMI REALTORS® MLS

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
2024 $72,072 $3,438,649 -- --
2023 $72,072 $3,126,046 $3,126,045 $1
2022 $63,288 $3,455,150 $2,404,650 $1,050,500
2021 $56,242 $2,978,135 $0 $0
2020 $55,616 $2,937,017 $0 $0
2019 $53,609 $2,870,985 $1,530,960 $1,340,025
2018 $53,474 $2,883,647 $0 $0
2017 $53,040 $2,824,336 $0 $0
2016 $54,684 $2,766,245 $0 $0
2015 $52,742 $2,747,016 $0 $0
2014 $53,460 $2,725,215 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,200,000 Unknown
Previous Owner $1,960,000 Unknown
Previous Owner $1,000,000 No Value Available
Previous Owner $667,500 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $17,400,000 None Listed On Document
Warranty Deed $4,000,000 Attorney
Warranty Deed $2,435,000 --
Warranty Deed $2,500,000 --
Warranty Deed $1,230,000 --
Warranty Deed $1,335,000 --
Warranty Deed -- --
Warranty Deed $1,290,000 --
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11676688

MIAMI REALTORS® MLS

APN: 03-4132-026-0160