|
|
First time on the market in 47 years. Historically designated vintage late 1930's home in a prestige location in Coral Gables' Golden Triangle neighborhood walking distance to the Biltmore Hotel and Golf Course. Originally permitted in 1937 and designed by the esteemed architects, John and Coulton Skinner it is a refined and early representation of the Mediterranean Transitional style according to the Historic Preservation Board of Coral Gables. The lot is more than a double lot at 10, 425 square feet (75 X139). Original hand-pegged wide plank oak floors are intact. The original pecky-cypress cathedral ceilings remain in perfect, unpainted condition. The large Florida room has original quarry tile floors. Original, wood-burning fireplace. Formal dining room has view out to a very expansive back yard. All rooms are unusually large. This home offers that rare chance to buy in one of Coral Gables' top neighborhoods close to the Biltmore Hotel, Venetian Pool, Coral Gables Library and Youth Center on a large lot with an ultra-charming vintage home which may qualify for the Miami Dade historic homes ad valorem tax credits. 1699 Living area sq ft and 2029 sq ft under roof. Complete set of photos to come soon. Floor plan available. 23-page Historic Designation Report is an attachment here on MLS.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,735,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,388,000 | $1,388,000 | $1,388,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.046% | 5.846% | 5.700% |
| Monthly Tax Payment | $534 | $534 | $534 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,665 | $8,100 | $11,341 |
| Total Monthly Payment | $8,324 | $8,759 | $12,000 |
* 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.