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Sold for $17,950,000
  • $17,950,000

    9320 Balada St, Coral Gables, FL 33156

    7beds
    7,623sqft
    Single Family Residence
    Built in 2012
    0.51 Acres Lot
    $17,946,300 Zestimate®
    $2,355/sqft
    $68,170 Estimated rent

    Home value

    $17,946,300

    $15.79M - $20.46M

    $68,170/mo

    Zestimate® history
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    What's special

    Upstairs second family roomHeated salt-system poolFully equipped summer kitchenWine cellarSmart-home featuresGorgeous natural lightRoasting asador
    Island sophistication meets elevated coastal design in this acclaimed Ramon Pacheco home, styled with crisp finishes, warm textures, and modern comfort. Perfectly positioned on a very private, wide canal off the turning basin—with no bridges to the bay, this is a true boater’s retreat in gated Old Cutler Bay featuring a 140' seawall and full service 100' dock. Outdoor living shines with a heated salt-system pool and a fully equipped summer kitchen complete with a roasting asador, barbecue, and large burner for effortless entertaining under the Florida sky. Inside, gorgeous natural light and a smart layout deliver grand scale and flexibility: 6 bedrooms plus a large office, 7.5 bathrooms, and an additional room easily convertible to a bedroom. The home was expanded in 2019, enclosing the upper terrace to create a sunroom off the primary suite, currently used as a gym and partially enclosing the lower terrace to create a generous office and guest suite. An upstairs second family room adds another family space, while an elevator provides easy access to every level. Additional highlights include a wine cellar, smart-home features, a full house generator, and a 3-car garage with lift. A unique opportunity to own in coveted Old Cutler Bay amid dramatically increasing property values—privacy, design, and waterfront lifestyle in one exceptional offering.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jane Barrellier 786-216-8851,

    Compass Florida, LLC,

    Teresita Bernace 305-607-7212,

    Shelton and Stewart REALTORS

    Bought with:

    Dennis Carvajal, 3034699

    One Sotheby's International Realty

    Source: MIAMI,MLS#: A11962657MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 8
    • Full bathrooms: 7
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Attic, Family Room
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Gas Range, Refrigerator, Self Cleaning Oven, Oven, Washer
    • Laundry: Laundry Room
    Features
    • Bar, Closet Cabinetry, Kitchen Island, Elevator, Other, Pantry, Walk-In Closet(s)
    • Flooring: Marble, Wood
    • Windows: Complete Impact Glass, Blinds, High Impact Windows
    Interior area
    • Total structure area: 10,171
    • Total interior livable area: 7,623 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Circular Driveway, Driveway, Guest, Garage Door Opener
    • Garage spaces: 3
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    • Entry location: First Floor Entry
    • Patio & porch: Open Porch
    • Exterior features: Barbecue, Built-in Barbecue, Balcony
    • Has private pool: Yes
    • Pool features: In Ground, Heated
    • Has spa: Yes
    • Fencing: Fenced
    • Has view: Yes
    • View description: Canal, Lagoon, Pool
    • Has water view: Yes
    • Water view: Canal,Lagoon
    • Waterfront features: Ocean Access, Canal Front, No Fixed Bridges, Seawall, WF/Pool/Ocean Access
    • Frontage length: 140
    Lot
    • Size: 0.51 Acres
    • Features: 1/2 To Less Than 3/4 Acre Lot
    Details
    • Parcel number: 0351050060060
    • Zoning: 0100

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Concrete Block Construction
    • Roof: Flat Tile
    Condition
    • Year built: 2012

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Municipal Water

    Community & HOA

    Community
    • Features: Boating, Security Patrol, Sidewalks
    • Security: Fire Alarm
    • Subdivision: Old Cutler Bay Sec 2
    HOA
    • Has HOA: Yes
    Location
    • Region: Coral Gables

    Financial & listing details

    • Price per square foot: $2,355/sqft
    • Tax assessed value: $9,616,278
    • Annual tax amount: $131,820
    • Date on market: 2/16/2026
    • Listing terms: All Cash,Conventional

    Price history

    DateEventPrice
    3/19/2026Sold$17,950,000-5.3%$2,355/sqft
    Source: MIAMI #A11962657 Report a problem
    3/7/2026Pending sale$18,950,000$2,486/sqft
    Source: MIAMI #A11962657 Report a problem
    2/16/2026Listed for sale$18,950,000+134%$2,486/sqft
    Source: MIAMI #A11962657 Report a problem
    2/13/2018Sold$8,100,000-14.7%$1,063/sqft
    Source: Public Record Report a problem
    12/7/2017Pending sale$9,500,000$1,246/sqft
    Source: ONE Sotheby's International Realty #A10186827 Report a problem
    10/10/2017Price change$9,500,000-3.1%$1,246/sqft
    Source: ONE Sotheby's International Realty #A10186827 Report a problem
    6/12/2017Price change$9,800,000-6.7%$1,286/sqft
    Source: ONE Sotheby's International Realty #A10186827 Report a problem
    12/2/2016Listed for sale$10,500,000+90.9%$1,377/sqft
    Source: ONE Sotheby's International Realty #A10186827 Report a problem
    8/6/2012Sold$5,500,000+197.3%$722/sqft
    Source: Public Record Report a problem
    1/18/2005Sold$1,850,000$243/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$137,313 +3.4%$7,287,123 +2.9%
    2024$132,778 +2.5%$7,081,753 +3%
    2023$129,587 +3%$6,875,489 +3%
    2022$125,847 +0.2%$6,675,233 +3%
    2021$125,636 +1.1%$6,480,809 +1.4%
    2020$124,282 +2%$6,391,331 +2.3%
    2019$121,871 +14.9%$6,247,636 +14.4%
    2018$106,073 $5,461,889 -2.1%
    2017$106,073 -2.4%$5,578,797 +8.8%
    2016$108,679 +15%$5,129,331 +10%
    2015$94,493 +0.7%$4,663,029 +2.1%
    2014$93,852 +161%$4,566,631 +1.4%
    2013$35,957 0%$4,503,833 +175.4%
    2012$35,957 +150.6%$1,635,200
    2001$14,348 --
    Find assessor info on the county website

    Neighborhood: Old Cutler Bay

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Sunset
    • Middle: Ponce De Leon
    • High: Coral Gables

    Source: MIAMI. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $17,946,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $17,946,300