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$29,500,000

Beds
6
Baths
7.0
sq ft
13,147

555 Arvida Pkwy, Miami, FL 33156

555 Arvida Pkwy

Coral Gables, FL 33156

  • 135 days on market
The only turnkey property in Gables Estate below $50M. 555 Arvida is an incredible investment in the most desirable zip code in the world. This exquisitely crafted Mediterranean compound boasts breathtaking views and direct ocean access. The double height, chic living space flows to an executive office, billiard room with salt water aquarium, 5000-bottle wine cellar, grand dining room, gourmet kitchen. The opulent primary suite boasts a spa-like oasis. 3 additional bedrooms and 2 staff quarters offer comfort and convenience. Entertainment options abound w/ media room, gym, outdoor covered terrace spaces, infinity-edge pool, summer kitchen, private 100’ dock (180’ water frontage). Gables Estates’ residents enjoy privacy, security and world-class amenities including Tennis Club.

Details

Property type

Single Family Residence

Lot size

1.03 acres

Price per sq ft

$2,244

Year built

1990

Annual property taxes

$116,861

Monthly HOA fee

$625

Price History

07/10/2024
SEF

SEF #A11619951

Listed
$29,500,000
+7.27%
06/11/2024
SEF

SEF #A11591855

Removed
$27,500,000
06/03/2024
SEF

SEF #A11591855

Listed
$27,500,000
-8.33%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Tennis Court(s)

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

Citibank Na

Loan start date

July 2023

Original loan amount

$5,000,000

Est. remaining balance

Not provided

Interest rate

4.62%

Loan type

New Conventional, 30 year

Seller

Manuel D Medina

Lender

Citibank Na

Loan start date

July 2023

Original loan amount

$5,000,000

Est. remaining balance

Not provided

Interest rate

4.62%

Loan type

New Conventional, 30 year

Seller

Manuel D Medina

Lender

Citibank Na

Loan start date

May 2020

Original loan amount

$6,750,000

Est. remaining balance

Not provided

Interest rate

2.62%

Loan type

New Conventional, 30 year

Seller

Manuel D Medina

Lender

Citibank Na

Loan start date

May 2020

Original loan amount

$6,750,000

Est. remaining balance

Not provided

Interest rate

2.62%

Loan type

New Conventional, 30 year

Seller

Manuel D Medina

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: 11/22/2024 at 4:05 PM

Listing updated: 09/30/2024 at 5:41 PM

Listed by: Fredrik Eklund, Douglas Elliman Phone #: (305) 695-6070

MLS: SEF #A11619951

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