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$6,300,000

Beds
5
Baths
5.5
sq ft
3,886

3581 E Glencoe St Unit 605, Miami, FL 33133

3581 E Glencoe St Unit 605

Coconut Grove, FL 33133

  • <1 day on market
Nestled in Coconut Grove’s exclusive Glencoe neighborhood, The Fairchild Condominium offers 26 exclusive residences sitting directly on Biscayne Bay. Penthouse #605 being truly unique as it features a private rooftop, boast 1,360 SF in exterior areas, includes 3 covered parking spaces and a private storage unit. The interior features 3,886 SF of living space, 5 Bds / 5.5 baths, 11-foot high ceilings, natural stone flooring, and a gourmet chef's kitchen with sub-zero/Wolf appliances, all accessible via private elevator. In the common areas, The Fairchild is nothing short of exceptional. Featuring 24-hour concierge, fitness center, serene spa with Hammam, sauna, and steam room, boat slips, and a remarkable rooftop pool with private cabanas, summer kitchen and breathtaking ocean views.

Details

Property type

Condominium

Est. home value

$6,260,306

Lot size

Unknown

Price per sq ft

$1,622

Year built

2020

Annual property taxes

$63,240

Monthly HOA fee

$7,400

Price History

02/12/2025
SEF

SEF #A11739117

Listed
$6,300,000
+9.57%
04/19/2024
SEF

SEF #A11466153

Sold
$5,750,000
-3.36%
02/02/2024
SEF

SEF #A11466153

Price change
$5,950,000
-6.96%

Schools & Community

Neighborhood: 

North-East Coconut Grove

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

Raymond Ragusa Etux

Loan start date

August 2022

Original loan amount

$400,000

Est. remaining balance

Not provided

Interest rate

5.7%

Loan type

Stand Alone Second

Seller

Jorge Caraballo and Glenda Perez

Lender

Raymond Ragusa Etux

Loan start date

August 2022

Original loan amount

$400,000

Est. remaining balance

Not provided

Interest rate

5.7%

Loan type

Stand Alone Second

Seller

Jorge Caraballo and Glenda Perez

Lender

Iberiabank

Loan start date

July 2020

Original loan amount

$1,500,000

Est. remaining balance

Not provided

Interest rate

3.25%

Loan type

New Conventional, 30 year

Seller

Jorge Caraballo and Glenda Perez

Lender

Iberiabank

Loan start date

July 2020

Original loan amount

$1,500,000

Est. remaining balance

Not provided

Interest rate

3.25%

Loan type

New Conventional, 30 year

Seller

Jorge Caraballo and Glenda Perez

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?

Status: Active

Tomo last checked: 02/12/2025 at 5:15 PM

Listing updated: 02/12/2025 at 1:30 PM

Listed by: Ismael Moreira, Cervera Real Estate Inc. Phone #: (305) 374-3434

MLS: SEF #A11739117

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