by RH Advisors

See Home Value
$3,400,000
House - Off Market

7125 E Lago Dr

Coral Gables, FL 33143
bedrooms
6 Beds
bathrooms
7 Baths, 2 Half Baths
square feet
4906 Sqft
$3,650,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
FL-Miami
Primary Model

About This Property

This prestigious estate boasts 6 bedrooms, 5 full bathrooms, and 2 half bathrooms across 4,900 SF of luxurious living space. With its impressive 1980's design, the home is bathed in natural light throughout, creating a truly captivating ambiance. Situated on a generous 16,200 ft lot, the property offers an expansive and private retreat. Step inside to discover a seamless blend of opulence and comfort with the gourmet kitchen, master suite with an en-suite bathroom, and the inviting pool and spa area are just a few highlights of this extraordinary residence. Cocoplum residents enjoy exclusive amenities like a private marina, tennis courts, and 24-hour security. Don't miss this opportunity to own a slice of paradise in one of Miami's most sought-after neighborhoods.
Unit Size
4,906Ft²
Days on Market
156 days
Land Size
0.37 acres
Price per sqft
$744
Property Type
House
Property Taxes
$3,632
HOA Dues
$500
Year Built
1984
Last updated: 6 months ago (Miami MLS #A11395132)

Price History

Date / Event Date Event Price
Nov 20, 2023 Sold $3,400,000
Sold
Sep 29, 2023 In contract -
In contract
Sep 13, 2023 Price Decreased $3,650,000
↓ $100K (2.7%)
Price Decreased
May 30, 2023 Listed by Compass Florida, LLC $3,750,000
Listed by Compass Florida, LLC
Jul 1, 2021 Sold to Katherine Rodriguez, Michae... $2,700,000
Sold to Katherine Rodriguez, Michae...
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Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 16,200
  • Total Building Area: 5,989
  • Gross Building Area: 5,989
  • Building Area: 4,906
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,906
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COCOPLUM
  • Land Acres: 0.372
  • Standard Land Use Code: Single family residential
  • Legal Description 1: COCOPLUM SEC 2 PLAT B PB 115-84 LOT 12 BLK 13 LOT SIZE 16200 SQ FT OR 20952-2447 01/2003 1

Ownership

  • Current Owner : MICHAEL W DRAVO DECLARATION OF TRUST
  • Current Owner 2: EH PARAMOUNT TRUST
  • Previous Owner : RAMIREZ MICHAEL
  • Previous Owner 2: RAMIREZ KATHERINE
  • Owner Before Previous Owner: KRINSKY LINDA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: CORAL GABLES
  • Census Tract: 008000

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 263
  • District: 03
  • Parcel: 03-4132-025-0120
  • Block: 13
  • Lot: 12
  • Meridian: SEC 32 TWN 54S RNG 41E
  • Municipality: CORAL GABLES
  • Latitude: 25.7001
  • Longitude: -80.2548

    Address

  • Full Address: 7125 E Lago Dr
  • Address - House Number: 7125
  • Street Direction: E
  • Address - Street Name: Lago
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Coral Gables
  • Carrier Code: C012
  • 4-Digit Zip Code: 6512
  • Zip Code: 33143

Valuation

    Tax

  • Total Area: 5,036
  • Tax Year: 2023
  • Tax Amount: $44,016
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.1804
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 3,713,907
  • High Value: 4,384,045
  • Low Value: 3,043,770

    Market Valuation

  • Market Total Value: $2,711,877
  • Market Land Value: $1,555,200
  • Market Improvement Value: $1,156,677

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,441,296

    Sales

  • Current Sale Contract Date: Oct 27, 2023
  • Current Sale Recording Date: Nov 20, 2023
  • Current Sale Transaction ID: 11917481447
  • Current Sale Price: $3,400,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 832604
  • Previous Sale Recording Date: Jul 01, 2021
  • Previous Sale Contract Date: Jun 17, 2021
  • Previous Sale Amount: $2,700,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: NEWMEYER MORTGAGE SERVICES INC
  • Previous Mortgage Transaction Date: Jul 01, 2021
  • Previous Mortgage Loan Amount: $1,999,999
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2051



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
6 Beds
5 Baths
5,045 ft²
$793/ft²
$4,000,000 Dec 18, 2022
$4,000,000 Sep 29, 2023
$2,430/mo
House
6 Beds
7 Baths
5,574 ft²
$745/ft²
$4,150,000 Nov 15, 2022
$4,150,000 Nov 2, 2023
$2,717/mo
House
5 Beds
4 Baths
3,714 ft²
$909/ft²
$3,375,750 Aug 9, 2023
$3,375,750 Oct 16, 2023
$1,853/mo
House
3 Beds
3 Baths
4,276 ft²
$667/ft²
$2,850,000 Aug 22, 2023
$2,850,000 Oct 13, 2023
$2,039/mo
House
5 Beds
5 Baths
3,327 ft²
$1,201/ft²
$3,995,000 Jun 6, 2023
-
$1,108/mo
House
4 Beds
3 Baths
2,874 ft²
$1,320/ft²
$3,795,000 Jun 14, 2023
-
$2,181/mo
Condo
3 Beds
3 Baths
2,960 ft²
$1,113/ft²
$3,295,000 Jun 26, 2023
-
$5,156/mo
Condo
2 Beds
3 Baths
2,950 ft²
$1,051/ft²
$3,100,000 Oct 10, 2023
-
$5,786/mo
Condo
3 Beds
3 Baths
2,960 ft²
$1,113/ft²
$3,295,000 Jun 30, 2023
-
-

About Cocoplum


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Frequently Asked Questions

When was property at 7125 East Lago Drive built and last sold?
The property at 7125 East Lago Drive was built in 1984 and last sold on Oct 27, 2023 for $3,400,000.
How much is this home worth?
The estimated value of the home located at 7125 East Lago Drive is $3,787,500.
What are some comparable homes to 7125 East Lago Drive?
There are currently no comparable homes to 7125 East Lago Drive.

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