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5714 Riviera Drive

5714 Riviera Drive, Miami, FL 33146
Property in Riviera
Sold Sep 30, 2021
$3,800,000
$2,660,000 by First Republic Bank
Mortgage Due Oct 01, 2051
Sold Apr 03, 1995
$975,000
$975,000 by Merrill Lynch Credit Corp
Mortgage
5714 Riviera Drive has been categorized by the local assessors in Miami, FL as a residential type of property. The building on the property was first built in 1972 and is 52 years old. However, we must point out that the home was most recently renovated and altered in 1982. The home has a total of 4 bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5714 Riviera Drive has 3,673 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,600 ft and across the front of the lot is 750 ft. The area measurement of the land has been determined as 18,480 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 264 sqft. Residents will have the luxury of enjoying both a unknown and a unknown. Love to swim? You'll be excited to find out that there is a both a pool and a spa on the property. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with concrete block control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The exterior walls of the building are made of concrete block. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5714 Riviera Drive was last sold in Sep 20, 2021 for $3,800,000. According to our calculations, that's $702.14 per sqft. Prior to that sales transaction, the property was sold for $975,000 in Mar 30, 1995. Current property owners are expected to pay $68,520 in taxes per year. The property on 5714 Riviera Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $3,624,792. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1982
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: D
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 264
  • Parking Space Count: 0
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 18,480
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 750
  • Total Building Area: 5,412
  • Gross Building Area: 5,412
  • Building Area: 3,673
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,673
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CORAL GABLES RIVIERA
  • Land Acres: 0.424
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CORAL GABLES RIVIERA SEC 10 PB 31-1 LOT 14 & N1/2 OF LOT 15 & PT UNDUG W/W LYG ADJ THERETO BLK 128 LOT SIZE 115.500 X 160 OR 16737-1667 0395 1

Ownership

  • Current Owner : WEBBER CHRISTOPHER
  • Current Owner 2: WEBBER ANNE
  • Previous Owner : CUETO ALFONSO A
  • Previous Owner 2: CUETO BLANCHE
  • Owner Before Previous Owner: SUQUET JOSE S
  • Owner Before Previous Owner 2: SUQUET ILEANA S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: CORAL GABLES
  • Census Tract: 007401

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 260
  • District: 03
  • Parcel: 03-4129-027-3770
  • Block: 128
  • Lot: 14,15
  • Meridian: SEC 29 TWN 54S RNG 41E
  • Municipality: CORAL GABLES
  • Latitude: 25.7166
  • Longitude: -80.2669

    Address

  • Full Address: 5714 Riviera Dr
  • Address - House Number: 5714
  • Address - Street Name: Riviera
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Coral Gables
  • Carrier Code: C067
  • 4-Digit Zip Code: 2751
  • Zip Code: 33146

Valuation

    Tax

  • Total Area: 4,456
  • Tax Year: 2023
  • Tax Amount: $68,520
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.0939
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 91
  • Final Value: 25,765
  • High Value: 28,185
  • Low Value: 23,345

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,660,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Sep 30, 2021
  • First Open Lien Mortgage Loan Amount: $2,660,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2051

    Market Valuation

  • Market Total Value: $3,936,607
  • Market Land Value: $3,234,000
  • Market Improvement Value: $702,607

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,624,792

    Sales

  • Current Sale Contract Date: Sep 20, 2021
  • Current Sale Recording Date: Sep 30, 2021
  • Current Sale Transaction ID: 11859717492
  • Current Sale Price: $3,800,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R0725656
  • Previous Sale Recording Date: Apr 03, 1995
  • Previous Sale Contract Date: Mar 30, 1995
  • Previous Sale Amount: $975,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: Sep 30, 2021
  • First Mortgage Loan Amount: $2,660,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: MERRILL LYNCH CREDIT CORP
  • Previous Mortgage Transaction Date: Apr 03, 1995
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $975,000

About Riviera



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Frequently Asked Questions

What neighborhood is 5714 Riviera Drive located in?
The 5714 Riviera Drive is a located in the neighborhood of Riviera in Riviera, Miami.
What is the average sales price for listings in 5714 Riviera Drive?
The average sales price for units in 5714 Riviera Drive is $0 currently.

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