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Discover the pinnacle of Tropical Modernism in this South Coconut Grove home, completely reimagined in 2024. Spanning 2, 666 SF on a lush 10, 500 SF corner lot, this turnkey 3BD/2. 5BA residence offers a rare blend of high-end sophistication and the effortless soul of the Grove. The home's innovative design features a newly enclosed breezeway beneath vaulted ceilings, seamlessly uniting the living spaces. The primary suit is a secluded masterpiece, occupying its own private wing for ultimate tranquility. Every inch has been elevated, from the chef's kitchen with Calacatta marble counters and bespoke lighting to spa-caliber bathrooms and expansive windows showcasing the verdant surroundings. The grounds are a private sanctuary designed for the wellness-conscious entertainer. The backyard features a built-in BBQ, a soaring pavilion above a custom fire pit, and a jacuzzi/cold plunge circuit. Complete with a single car garage and secure gated entry, this home is minutes away from the Grove's elite schools and bayfront parks. This property offers significant long-term upside as a luxury asset. The move-in ready home and oversized lot provide the rare opportunity to live comfortably while planning future expansion or development. There is also ample room to add a pool within the current footprint. Experience a lifestyle defined by privacy, design, and Miami elegance.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,800,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $3,040,000 | $3,040,000 | $3,040,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.228% | 6.086% | 6.183% |
| Monthly Tax Payment | $2,391 | $2,391 | $2,391 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $17,741 | $18,226 | $25,653 |
| Total Monthly Payment | $20,257 | $20,742 | $28,169 |
* 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.