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Presented by
Red Giovanucci |
3471 Main Hwy, #1240, Miami, FL, 33133 | $5,600,000
Cloisters on the Bay is a prestigious guard-gated bayfront enclave of only 40 homes in the heart of Coconut Grove. This rare four-level townhome offers 4 spacious bedrooms plus a dedicated office/den, 4. 5 baths, a private elevator to all levels, and generous indoor–outdoor living including multiple balconies, a private walled garden, and a rooftop terrace overlooking Peacock Park. Flexible multi-level layout with large rooms, abundant natural light, marble floors, impact windows/doors, and a well-maintained original interior—ideal as a blank canvas for a full designer renovation. Private two-car garage plus two additional driveway spaces (4 spots total), a true luxury in the Grove. Community amenities include clubhouse, pool, tennis, and immediate access to marinas, parks, and CocoWalk. Recent building-wide structural inspections and strengthened reserves provide added peace of mind. This property is a rare opportunity to create a truly bespoke home at Cloisters on the Bay.
Features
- Amenities: Other,Tennis Court(s)
- Bedrooms: 4
- Baths: 4 full / 1 half
- Style: Other
- Year Built: 2005
- Garage: 2-car Covered,Two or More Spaces
- Heating: Central
- Cooling: Central Air
- Approx Sq. Feet: 5,660
- Est. Taxes: $58,442
- HOA Fee: $13,085 Quarterly
- View: Other
- Elem. School: Coconut Grove
- Middle School: Ponce De Leon
- High School: Coral Gables
- Pets Allowed: Yes
- Pet Policy: Conditional,Yes
- Appliances: Dryer,Dishwasher,Microwave,Refrigerator,Washer
- MLS#: A11950099
- Days on Market: 14 days
- Website: https://www.raveis.com
/prop/A11950099/3471mainhwy_miami_fl?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Red GiovanucciSales Associate
781.710.5906
Red.Giovanucci@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Scott PetersenVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 32556
339.224.0866
Scott.Petersen@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Nicole DelaneyInsurance Sales Director, William Raveis Insurance
781.724.3515
Nicole.Delaney@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
3471 Main Hwy, #1240, Miami, FL, 33133
$5,600,000
Red Giovanucci
Sales Associate
William Raveis Real Estate
Phone: 781.710.5906
Red.Giovanucci@raveis.com
Scott Petersen
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 339.224.0866
Scott.Petersen@raveis.com
NMLS Mortgage Loan Originator ID 32556
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $4,480,000 | $4,480,000 | $4,480,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.750% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.154% | 5.858% | 5.826% |
| Monthly Tax Payment | $4,870 | $4,870 | $4,870 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $25,437 | $26,144 | $36,903 |
| Total Monthly Payment | $30,432 | $31,139 | $41,898 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388