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$2,395,000

Beds
5
Baths
5.5
sq ft
4,550

1258 Obispo Ave, Coral Gables, FL 33134

1258 Obispo Ave

Coral Gables, FL 33134

  • 61 days on market
Set on a prime 15,000 sqft corner lot in Coral Gables, this property offers preliminary plans to expand this historic gem into a stunning 5,000+ sqft single-family home. Designed with luxury and versatility, the home will feature 5 bedrooms and 5.5 bathrooms. The upper level includes a spacious primary suite and an additional ensuite bedroom. On the ground floor, you’ll find 3 ensuite bedrooms, one of which can function as a gym, complete with a full bath that doubles as a cabana bath. There’s also a powder room for guests. This is a rare opportunity to acquire such a valuable lot in one of Coral Gables' most prestigious areas.

Details

Property type

Single Family Residence

Est. home value

$1,516,093

Lot size

0.34 acres

Price per sq ft

$527

Year built

1946

Annual property taxes

$25,271

Price History

10/22/2024
SEF

SEF #A11679623

Listed
$2,395,000
-7.71%
10/19/2024
SEF

SEF #A11668878

Removed
$2,595,000
10/01/2024
SEF

SEF #A11668878

Listed
$2,595,000
-7.32%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Family First Investments Llc

Loan start date

October 2021

Original loan amount

$825,000

Est. remaining balance

Not provided

Interest rate

2.87%

Loan type

Balloon

Seller

Javier Avila and Jennifer Ruiz

Lender

Family First Investments Llc

Loan start date

October 2021

Original loan amount

$825,000

Est. remaining balance

Not provided

Interest rate

2.87%

Loan type

Balloon

Seller

Javier Avila and Jennifer Ruiz

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/23/2024 at 12:55 AM

Listing updated: 11/14/2024 at 5:25 PM

Listed by: Oscar Arellano Jr., BHHS EWM Realty Phone #: (305) 960-2400

MLS: SEF #A11679623

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