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

860 San Pedro Ave Coral Gables, FL 33156

Gables By The Sea Neighborhood

Estimated payment $37,507/month

Total Views 3,791
0.28 Acre
$22,496,429 Price per Acre
12,197 Sq Ft Lot

Highlights

  • Ocean View
  • Property has ocean access
  • Up to 90-Foot Boat
  • Pinecrest Elementary School Rated A
  • Private Dock
  • Property Fronts a Bay or Harbor

About This Lot

Rarely available, this exceptional property of 12,000 SF with 100 running feet of waterfront w/seawall is able to handle a large vessel and is located on the calm and beautiful waters of Biscayne Bay. Offering an amazing value to the Buyer who wishes to build the home of their Dreams, elevated & with direct unobstructed bay/ocean views. The existing structure has larger SF under AC per owner than Tax Rolls. This gated community of upscale waterfront homes located in Coral Gables (The City Beautiful) boasts the finest Private & Public schools, 5 star restaurants, parks, protected Beach, Pinecrest Gardens/Community Center/Library, the renowned Fairchild Botanical Gardens, the cultural & sporting events offered at the University of Miami, all just minutes away.

Listing Agent

Renee Gross

Coldwell Banker Realty License #0466811

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $28,186

Year Built

  • 1987

Lot Details

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

Property Views

  • Ocean
  • Bay

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 03-51-18-006-0890

Community Details

Overview

  • No Home Owners Association
  • Voluntary home owners association
  • Coral Bay Sec B Condos
  • Coral Bay Sec B Subdivision

Recreation

  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Up to 90-Foot Boat
  • Private Dock

Property Details

Property Type

Land

Est. Annual Taxes

$28,186

Year Built

1987

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Directions: Take historic Old Cutler Rd turning R on SW 128 St and through the guard gete. Proceed down Lugo & just over the bridge turn right onto San Pedro Av to the property at 860 San Pedro which will be on your right.
  • Road Frontage Type: Bay
  • Horses: No
  • Inclusions: Private Dock, Up to 90 Ft Boat
  • Lot Size Acres: 0.28
  • New Construction: No
  • Structure Type: Residential
  • Subdivision Name: CORAL BAY SEC B
  • Special Features: UnderContract
  • Year Built: 1987

Interior Features

  • Window Features: Partial Panel Shutters/Awnings

Exterior Features

  • View: Bay View, Ocean View
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot, Build To Suit, Fenced, Street Lights
  • Other Structures: Livable, Well Kept
  • Pool Private: No
  • View: Yes
  • Waterfront Features: No Fixed Bridges, Ocean Access, Seawall
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: CORAL BAY SEC B

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Cable Available, Electricity Available, Phone Available, Sewer Available, Trash Removal, Water Available

Condo/Co-op/Association

  • Association: No
  • Community Features: Voluntary Hoa

Lot Info

  • Parcel Number: 03-51-18-006-0890
  • Additional Parcels: No
  • Current Use: Residential, Other Usage
  • Development Status: Recorded Plat
  • 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

Source: MIAMI REALTORS® MLS

MLS Number: A11726570

MIAMI REALTORS® MLS

APN: 03-5118-006-0890

Florida Miami/Dade County Coral Gables 33156 Gables By The Sea

860 San Pedro Ave, Coral Gables, FL

Homes for Sale in Coral Gables, FL

This home is located at 860 San Pedro Ave, Coral Gables, FL 33156 and is currently priced at $6,299,000. This property was built in 1987. 860 San Pedro Ave is a home located in Miami-Dade County with nearby schools including Pinecrest Elementary School, Palmetto Middle School, and Miami Palmetto Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Listing Agent
Renee Gross
Section Image
Coldwell Banker Realty
(305) 905-1010