10840 OLD CUTLER RD, Coral Gables, FL 33156

Parcel: 0351070040350 · RESIDENTIAL - SINGLE FAMILY : 1 UNIT · Zoning: 0100

Assessed Value (2025)
$14,838,415

Property Details

Beds
6
Baths
9
Living Sqft
9,258
Year Built
2023
Lot Sqft
49,658
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$1,800,000
2020-09-10
10840 HOLDINGS LLCADF REEF LLC
2
$17,000,000+844%
2024-07-12
ADF REEF LLCTHOMAS R PECK
3
$21,500,000+26%
2025-12-29
THOMAS R PECKBELTERRA INVESTMENTS LTD

Tax Assessment History

$14,838,415
Assessed (2025)
$14,838,415
Market Value
$14,838,415
Taxable Value
$302,098
Annual Tax
2024
$8,574,094
$10,405,908
2025
$14,838,415
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $14,838,415 $14,838,415 $14,838,415 $302,098
2024 $8,574,094 $10,405,908 $8,574,094 $174,562

About 10840 OLD CUTLER RD, Coral Gables, FL 33156

10840 OLD CUTLER RD, Coral Gables, FL 33156 is a 6-bedroom, 9-bathroom residential - single family : 1 unit built in 2023 with 9,258 square feet of living space on a 49,658 square foot lot. The property is currently owned by BELTERRA INVESTMENTS LTD, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2025-12-29 for $21,500,000, when THOMAS R PECK sold to BELTERRA INVESTMENTS LTD. The property has appreciated $4,500,000 (26%) since the prior sale of $17,000,000 on 2024-07-12. There are 3 recorded sales for this property.

The 2025 assessed value is $14,838,415 with a market value of $14,838,415. This breaks down to $3,774,008 for the land and $11,064,407 for the building. The assessed value increased 73% from $8,574,094 in 2024.

The median household income in this area is $250,001, and the median home value is $2,000,001. The population density is 685 people per square mile. 10840 OLD CUTLER RD, Coral Gables, FL 33156 is located in Coral Gables, Florida.

Property records, tax assessments, sales history, and ownership information for this Coral Gables property are available through Miami-Dade County public records. The complete ownership history of this property spans from 2020 to 2025, with 3 recorded transactions in the public record. The current assessed value represents 69% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $2322 per square foot — a key metric for comparing value across Coral Gables's real estate market..

Current Owner

BELTERRA INVESTMENTS LTD
12000 BISCAYNE BLVD 700, MIAMI, FL, 33181
Since: 2026-03-29
View owner profile →

People Behind This Entity

Est. Annual Insurance

$89,430 — $149,184
Flood $400 — $800
Property/Wind $89,030 — $148,384

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$250,001
Median Home Value$2,000,001
Pop. Density685/sq mi

Neighborhood 10840

0%
Corp-Owned
0%
Investor
6
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
22
View full risk analysis →
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