4 months on rocket

5245 Oak Ln, Coral Gables, FL, 33156

$24,000,000

8 Bedrooms
9 Full Baths, 1 Partial
10,835 SqFt
$2,215/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Circular Driveway, Covered, Driveway, Garage, Garage Door Opener
Attached Garage3 spaces
Year Built2024
HeatingCentral
CoolingCentral Air
ViewGarden, Pool
MLS #A11502251
StatusActive

About 5245 Oak Ln

Welcome to Casa Glass Oaks, a distinguished new construction estate gracing the enclave of Snapper Creek Lakes in Coral Gables. Nestled on a lush 53,579 SF lot, this 12,000 SF architectural gem embodies the pinnacle of seclusion, luxury, and serenity. The residence features a Scavolini kitchen adorned with Gaggenau appliances, a 3-car garage, dual master suites, two regal living spaces for gracious entertaining, a media room, formal and casual dining quarters, a meticulously appointed main kitchen, a discreet prep kitchen, and an outdoor summer kitchen. The winning team, featuring architect Felipe Alvaro, builder Hassan Jalali with over three decades of expertise, and Modplay Design's exceptional interior touch, collaborated to fashion this truly distinctive, masterful custom home.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary/Modern, Two Story
  • Year Built: 2024
  • Stories: 2
  • Living Area: 10,835 SqFt

Listing Office:

  • Office Name: The Corcoran Group
  • Office Phone: (305) 677-2036
  • Listing Agent: Jelena PA Khurana

Interior Features

Interior Information:

  • Appliances: Oven, Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Trash Compactor, Washer
  • Flooring Type: Ceramic Tile, Wood
  • Interior: Built-in Features, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Family/Dining Room, First Floor Entry, High Ceilings, Kitchen Island, Pantry, Sitting Area in Primary, Upper Level Primary, Bar, Walk-In Closet(s), Elevator

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 9
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • View: Garden, Pool
  • Exterior: Barbecue, Security/High Impact Doors, Outdoor Grill, Outdoor Shower

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Attached, Circular Driveway, Covered, Driveway, Garage, Garage Door Opener

Virtual/3D Tour

  • Virtual Tour: 5245 Oak Ln

Virtual Tour

Lot Features

Lot Information:

  • Lot: Sprinklers

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Miami Palmetto Senior High School, Public Magnet Grades 9-12
  • Palmetto Middle School, Public District Grades 6-8
  • Pinecrest Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $24,000,000
  • Price Per SqFt: $2,215/SqFt

HOA Fees:

  • Amount: $4000
  • Frequency: Annually

Tax Information:

  • Annual Amount: $48,138
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Coral Gables, FL.

Med. Sold Price

$1.0M

Med. Price/SqFt

$662

Avg. Days On Market

66

# of Sold Homes

58

5245 Oak Ln vs Coral Gables

129 DAYS ON ROCKET

+63 Days

$24,000,000

+$22.9M More

$2,215/SqFt

+$1.5K More

KEY TAKEAWAY

This property is $22.9M more than the Median Sold Price and $1.5K/SqFt more than other homes in Coral Gables, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11502251

Listing Office:

  • Office Name: The Corcoran Group
  • Office Phone: (305) 677-2036
  • Listing Agent: Jelena PA Khurana

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 10:25:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$48,138$2,442,194
2018$39,434$2,136,045
2017$44,033$2,227,367

History based on county public records data.

Payment Calculator

$120.1K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$72K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1169264
10
/10
  • Pinecrest Elementary School

  • 10250 SW 57th Ave

  • 0.54 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1169265
7
/10
  • Palmetto Middle School

  • 7351 SW 128th St

  • 2.79 miles

  • Public District Grades 6-8

High School

school-card-donut-1169266
6
/10
  • Miami Palmetto Senior High School

  • 7460 SW 118th St

  • 2.71 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $324,600. Typical income of Coral Gables, FL residents is $200k+ annually. Most families are married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5245 Oak Ln

What is the listing price of this property?

The listing price of 5245 Oak Ln property is $24,000,000.

What type of property is this?

The property 5245 Oak Ln is a house located in Coral Gables, Florida, 33156.

Is this property for sale now?

Active Listing: 5245 Oak Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5245 Oak Ln are:
Pinecrest Elementary School: GreatSchools Rating 10/10
Palmetto Middle School: GreatSchools Rating 7/10
Miami Palmetto Senior High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $48,138 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5245 Oak Ln has 8 bedrooms and 9 full and 1 half bathrooms.

What is the square footage of this property?

The property 5245 Oak Ln is 10,835 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5245 Oak Ln is 2024.
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Rocket HomesFloridaMiami-Dade CountyCoral Gables331565245 Oak Ln

This home is located at 5245 Oak Ln in Coral Gables, FL and zip code 33156 in the Snapper Creek Lakes neighborhood. This 10,835 square foot home was built in 2024. Features: 8 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since December 19, 2023 and is currently priced at $24,000,000.

While more than 6 listings in Coral Gables, FL in March 2024 were sold above asking price, there were more than 8 listings sold at asking price, and more than 44 were sold below. Between February 2024 and March 2024, Coral Gables, FL real estate market has seen increase in the number of listings by 7.9%. While the average time on the market in March 2024 was 66 days, the median list price was $1,053,000.

From Rocket Homes Real Estate and based on county public records data.

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