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$15,895,000

Beds
8
Baths
9.0
sq ft
11,684

5225 Fairchild Way, Coral Gables, FL 33156

5225 Fairchild Way

Coral Gables, FL 33156

  • 548 days on market
    • Price drop $100,000↓
Palatial Neoclassical Estate on 1.2 park-like acres in guard-gated Snapper Creek Lakes! A perfect blend of classic and modern design, this entertainer's dream features an enormous entertainment wing with bar, media room, billiards room, and wood-paneled office. A separate wing is comprised of a movie theater and a private guest suite. Upstairs, you'll find 5 large bedrooms and the 4000sf master wing w/ gym (could be 9th bedroom), dual closets, luxurious master bath, large sitting room/office, and expansive terraces. Resort-style amenities include pool, summer kitchen, and cabana bath w/outdoor shower. Also, separate staff/in-law quarters and oversized garages for 6 cars. Includes access to a 40ft boat slip in Snapper Creek Marina.

Details

Property type

Single Family Residence

Est. home value

$13,152,581

Lot size

1.19 acres

Price per sq ft

$1,361

Year built

2009

Annual property taxes

$120,650

Monthly HOA fee

$333.33

Price History

03/13/2024
SEF

SEF #A11361094

Price change
$15,895,000
-0.63%
02/08/2024
SEF

SEF #A11361094

Price change
$15,995,000
-4.51%
03/23/2023
SEF

SEF #A11361094

Listed
$16,750,000
+113.32%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

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

June 2023

Original loan amount

$1,000,000

Est. remaining balance

Not provided

Interest rate

6.39%

Loan type

Credit Line (Revolving)

Seller

Carlos G Sanchez and Gina G Quintero

Lender

City National Bank Of Florida

Loan start date

June 2023

Original loan amount

$1,000,000

Est. remaining balance

Not provided

Interest rate

6.39%

Loan type

Credit Line (Revolving)

Seller

Carlos G Sanchez and Gina G Quintero

Lender

City National Bank Of Florida

Loan start date

May 2022

Original loan amount

$5,500,000

Est. remaining balance

Not provided

Interest rate

4.12%

Loan type

New Conventional, 30 year

Seller

Carlos G Sanchez and Gina A Quintero

Lender

City National Bank Of Florida

Loan start date

May 2022

Original loan amount

$5,500,000

Est. remaining balance

Not provided

Interest rate

4.12%

Loan type

New Conventional, 30 year

Seller

Carlos G Sanchez and Gina A Quintero

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: 09/21/2024 at 1:55 AM

Listing updated: 09/20/2024 at 4:40 PM

Listed by: Rafael Arias, One Sotheby's International Re Phone #: (305) 538-9711

MLS: SEF #A11361094

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