$6,299,000
UNDER CONTRACT $300K PRICE DROP

Estimated payment $37,464/month

Total Views 7,687
4 Beds
3 Baths
2,721 Sq Ft
$2,315 Price per Sq Ft

Highlights

  • Ocean View
  • Property has ocean access
  • Property Fronts a Bay or Harbor
  • Pinecrest Elementary School Rated A
  • Private Dock
  • In Ground Pool

About This Home

Rare & Exceptional Opportunity to acquire Biscayne Bay/Atlantic Ocean property to build custom home of your dreams. Situated at the end of wide & deep canal in Gables by the Sea, upscale guard gated community of custom waterfront homes in Coral Gables, "the City Beautiful". Newly built home elevated per code w/ spectacular direct & unobstructed gorgeous views of Bay & ocean. The 12,000 Sq Ft lot has 100 running Ft of waterfront, capable of handling large vessel. Home is larger than Tax Rolls under AC per owner. The area Boasts finest public & private schools, 5 star restaurants, high-end shopping, protected beach, parks, Pinecrest Gardens with community center & library, University of Miami offering endless cultural & sporting events, & the renowned Fairchild Botanical Gardens close by.

Listing Agent

Renee Gross

Coldwell Banker Realty License #0466811

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,186

Year Built

  • Built in 1960

Lot Details

  • 0.28 Acre Lot
  • 100 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • North Facing Home
  • Fenced
  • Property is zoned 0100

HOA Fees

  • $25 Monthly HOA Fees

Parking

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

Property Views

  • Ocean
  • Bay

Home Design

  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,721 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Paddle Fans
  • Entrance Foyer
  • Family Room
  • Workshop
  • Storage Room

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Roman Tub

Laundry

  • Laundry in Utility Room
  • Dryer
  • Laundry Tub

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Private Dock
  • Patio
  • Exterior Lighting

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 03-51-18-006-0890

Community Details

Overview

  • 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

$28,186

Year Built

Built in 1960

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1960
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story
  • Directions: Old Cutler Rd to the 128 St through guard gated entrance and continue on Lugo, & just past bridge turn right and continue to 860 san pedro which will be on right.
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: CORAL BAY SEC B,Gables By The Sea
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: UnderContract

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Other Equipment/Appliances, Electric Range, Refrigerator, Wall Oven
  • Interior Amenities: First Floor Entry, Built-in Features, Entrance Foyer, Laundry Tub, Pantry, Roman Tub, Family Room, Storage, Utility Room/Laundry, Workshop
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Entry Location: Foyer
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 2721
  • Other Equipment: Automatic Garage Door Opener
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Ground Level
  • Living Room Features: Family Room, Storage Room, Utility Room/Laundry, Workshop

Exterior Features

  • Roof: Flat Tile
  • View: Bay, Ocean
  • Exterior Features: Lighting, Fruit Trees
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, 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

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Paddle Fans, Zoned
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub, Utility Room/Laundry

Condo/Co-op/Association

  • Association Fee: 300
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Gated Community, Street Lights, Voluntary Hoa
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

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

Lot Info

  • Parcel Number: 03-51-18-006-0890
  • Lot Size Sq Ft: 12000
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 28186

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

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 $26,187 $1,511,433 -- --
2023 $26,187 $1,467,411 $0 $0
2022 $26,567 $1,424,671 $0 $0
2021 $26,377 $1,383,176 $1,080,000 $303,176
2020 $30,222 $1,583,167 $1,277,400 $305,767
2019 $30,246 $1,580,503 $0 $0
2018 $29,017 $1,551,034 $0 $0
2017 $28,811 $1,519,133 $0 $0
2016 $28,654 $1,487,888 $0 $0
2015 $29,017 $1,477,546 $0 $0
2014 $30,231 $1,516,333 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2025 02/18/25 Price Changed $6,299,000 0.0% --
02/18/2025 02/18/25 Price Changed $6,299,000 -4.5% $2,315 / Sq Ft
01/16/2025 01/16/25 For Sale $6,599,000 0.0% --
01/13/2025 01/13/25 For Sale $6,599,000 -- $2,425 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed $1,550,000 Rte Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,250,000 New Conventional
Closed $1,317,000 New Conventional
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11723189

MIAMI REALTORS® MLS

APN: 03-5118-006-0890