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$6,399,000

Beds
4
Baths
2.5
sq ft
2,721

860 San Pedro Ave, Coral Gables, FL 33156

860 San Pedro Ave

Coral Gables, FL 33156

  • 102 days on market
    • Open house Sep 22
Rarely available direct Bayfront property offered at an incredibly modest price! This pristine and spacious sun-filled 4 bedroom mid-century modern style home has an open floor plan. The great room, kitchen and bedrooms all have expansive windows with gorgeous water views. Located in the sought after Coral Gables guard gated community known as "Gables by the Sea" this property is sure to exceed your expectations. Enjoy as it is now, or build the home of your dreams on this spectacular Biscayne Bay/Atlantic Ocean property, affording spectacular, endless open water seaside views from sunrise to sunset, a must see!

Details

Property type

Single Family Residence

Lot size

0.28 acres

Price per sq ft

$2,352

Year built

1960

Annual property taxes

$26,187

HOA

Yes

Price History

06/11/2024
SEF

SEF #A11604955

Listed
$6,399,000
+0.06%
06/04/2024
SEF

SEF #A11542766

Removed
$6,395,000
05/23/2024
SEF

SEF #A11542766

Price change
$6,395,000
-5.96%

Schools & Community

Elementary school: 

Pinecrest

Middle school: 

Palmetto

High school: 

Miami Palmetto

Community features: 

Gated, Street Lights

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$5,436,732
Asking price
$6,399,000
Closing costs (~8% of asking)
-$511,920
Est. remaining loan balance
-$450,348
Cash to seller
$5,436,732

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Regions Bank

Loan start date

April 2014

Original loan amount

$1,250,000

Est. remaining balance

$450,348

Interest rate

3.35%

Loan type

New Conventional, 15 year

Seller

Edward A Gross and Karla A Ebenbach

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: 09/20/2024 at 11:20 PM

Listing updated: 09/19/2024 at 2:37 PM

Listed by: Renee Gross, Coldwell Banker Realty Phone #: (305) 667-4815

MLS: SEF #A11604955

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