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$10,400,000

Beds
6
Baths
4.5
sq ft
4,346

4860 Hammock Lake Dr, Coral Gables, FL 33156

4860 Hammock Lake Dr

Coral Gables, FL 33156

  • 6 days on market
Discover an exceptional, beautifully renovated residence within the prestigious gated community of Hammock Lakes. Crafted by CAD Architects and thoughtfully designed by the renowned team at 10 Studios, known for their award-winning creativity and style. This home showcases unparalleled attention to detail and quality. Every aspect of its construction and design reflects a commitment to excellence. This property is a true gem that you won’t want to miss. Plus, it boasts a larger footprint than what is recorded on tax rolls.

Details

Property type

Single Family Residence

Est. home value

$4,254,060

Lot size

0.59 acres

Price per sq ft

$2,394

Year built

1989

Annual property taxes

$37,802

Monthly HOA fee

$500

Price History

11/12/2024
SEF

SEF #A11692041

Listed
$10,400,000
+15.56%
08/16/2024
SEF

SEF #A11593489

Removed
$8,999,999
07/08/2024
SEF

SEF #A11593489

Price change
$8,999,999
-8.16%

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

City National Bank Of Florida

Loan start date

May 2022

Original loan amount

$500,000

Est. remaining balance

Not provided

Interest rate

3.56%

Loan type

Credit Line (Revolving)

Seller

Rodolfo Suarez Jr and Norma Suarez

Lender

City National Bank Of Florida

Loan start date

May 2022

Original loan amount

$500,000

Est. remaining balance

Not provided

Interest rate

3.56%

Loan type

Credit Line (Revolving)

Seller

Rodolfo Suarez Jr and Norma Suarez

Lender

City National Bank Of Florida

Loan start date

July 2021

Original loan amount

$1,400,000

Est. remaining balance

$1,301,101

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Rodolfo Suarez Jr and Norma Suarez

Lender

City National Bank Of Florida

Loan start date

July 2021

Original loan amount

$1,400,000

Est. remaining balance

$1,301,101

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Rodolfo Suarez Jr and Norma Suarez

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: 11/19/2024 at 2:15 AM

Listing updated: 11/15/2024 at 11:00 AM

Listed by: Norma Suarez, Florida Realty of Miami Corp Phone #: (305) 598-5488

MLS: SEF #A11692041

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