tomo logo

$4,250,000

Beds
3
Baths
3.0
sq ft
3,292

3685 Royal Palm Ave, Miami, FL 33133

3685 Royal Palm Ave

Miami, FL 33133

  • 260 days on market
    • Price drop $450,000↓
Explore this exceptional opportunity to own “Casa Diva”, a rare vintage Mediterranean-styled villa and one of South Coconut Grove’s most unique properties. This ultra-private estate is situated on a 21,000 sq ft lot with a 700 sq ft pool surrounded by 7 professionally landscaped tropical gardens. Inside, original Dade County pine floors lead to a grand living room with 11 ft ceilings, wood burning fireplace and adjoining sunroom. The formal dining room has an adjoining butler pantry, and the gourmet kitchen opens to a garden patio perfect for alfresco dining. Upstairs, the Primary Suite has a wood burning fireplace, luxurious bathroom with rainfall shower and steam, and private terrace overlooking the pool and grounds. Impact windows throughout, full home generator and multiple CC cameras.

Details

Property type

Single Family Residence

Est. home value

$7,721,810

Lot size

0.48 acres

Price per sq ft

$1,292

Year built

1945

Annual property taxes

$14,355

Price History

11/06/2024
SEF

SEF #A11538734

Price change
$4,250,000
-9.57%
08/26/2024
SEF

SEF #A11538734

Price change
$4,700,000
-12.15%
05/20/2024
SEF

SEF #A11538734

Price change
$5,350,000
-15.75%

Schools & Community

Neighborhood: 

South-West Coconut Grove

Elementary school: 

Coconut Grove

Middle school: 

Ponce De Leon

High school: 

Coral Gables

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

First Horizon Bank

Loan start date

May 2023

Original loan amount

$500,000

Est. remaining balance

Not provided

Interest rate

6.28%

Loan type

Credit Line (Revolving), 30 year

Seller

Michael Bruce Wohlfeiler and Albert Alonza Eldridge

Lender

First Horizon Bank

Loan start date

May 2023

Original loan amount

$500,000

Est. remaining balance

Not provided

Interest rate

6.28%

Loan type

Credit Line (Revolving), 30 year

Seller

Michael Bruce Wohlfeiler and Albert Alonza Eldridge

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: 11/23/2024 at 2:15 PM

Listing updated: 11/06/2024 at 5:55 PM

Listed by: Liz Hogan, Compass Florida, LLC. Phone #: (305) 851-2820

MLS: SEF #A11538734

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