60 Edgewater Dr, #TS-A, Coral Gables, FL, 33133 | $9,950,000

Rare two-story Tower Suite penthouse at The Gables Club offering breathtaking panoramic views of Biscayne Bay & the Miami skyline. Featuring 5 beds, 6. 5 baths, & over 10, 500 SF of interior space plus 2, 600+ SF of expansive terraces, this exceptional residence showcases a private elevator entry, dramatic 30-foot ceilings, formal dining room, gourmet kitchen with butler’s pantry & secondary kitchen, as well as a loft-style entertainment level complete with bars, media room, and two private offices. The primary suite is a private retreat featuring dual bathrooms & oversized walk-in closets, complemented by five additional en-suite bedrooms. Finishes include limestone flooring, Venetian plaster walls, custom built-ins, and striking Chihuly-style ceiling artwork. A Crestron smart home system, surround sound, & impact windows provide modern comfort & security. Multiple terraces, including one with a built-in BBQ, offer seamless indoor-outdoor living. This offering includes three assigned parking spaces, one of which is located in a private air-conditioned garage, additional storage, & an approximately 50-foot boat slip. Residents of The Gables Club enjoy an exclusive, resort-style lifestyle with access to a private marina, multiple swimming pools and spa areas, state-of-the-art fitness centers, lighted clay tennis courts, a waterfront clubhouse with dining & social spaces, 24/7 concierge, valet, & gated security, all within one of Coral Gables’ most prestigious waterfront community.

Features

  • Heating: Central
  • Cooling: Central Air
  • Levels: 18
  • Amenities: Boat Dock,Clubhouse,Fitness Center,Pool,Spa/Hot Tub,Tennis Court(s),Elevator(s)
  • Bedrooms: 5
  • Baths: 6 full / 2 half
  • Complex: THE GABLES CONDO
  • Year Built: 2003
  • Common Charge: $4,554 Monthly
  • Approx Sq. Feet: 10,190
  • Est. Taxes: $131,635
  • View: Bay,Canal,Ocean
  • Water Front: Yes
  • Elem. School: Coconut Grove
  • Middle School: Ponce De Leon
  • High School: Coral Gables
  • Pets Allowed: Yes
  • Pet Policy: No Pet Restrictions,Yes
  • Appliances: Built-In Oven,Dryer,Dishwasher,Electric Range,Disposal,Microwave,Refrigerator,Self Cleaning Oven,Wine Cooler,Washer
  • MLS#: A11994710
  • Days on Market: 37 days
  • Website: https://www.raveis.com
    /prop/A11994710/60edgewaterdr_coralgables_fl?source=qrflyer
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Listing courtesy of ONE SOTHEBY'S INTERNATIONAL REALTY   Phone: 305-503-5275

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

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60 Edgewater Dr, #TS-A, Coral Gables, FL, 33133

$9,950,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $7,960,000 $7,960,000 $7,960,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.125% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.132% 6.259% 6.183%
Monthly Tax Payment $10,970 $10,970 $10,970
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $47,086 $48,366 $67,171
Total Monthly Payment $58,181 $59,461 $78,266

* 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.