60 Edgewater Drive, #TSD, Coral Gables, FL, 33133 | $12,750,000

Rarely available two-story penthouse in Tower II at The Gables Club, one of Coral Gables' most exclusive waterfront communities. Recently completed top-to-bottom renovation with all-new electrical, plumbing, HVAC, and premium finishes throughout, offering a truly turnkey living experience. This residence features 3 bedrooms, 4 full baths, 2 half baths, private elevator access to both levels, and breathtaking panoramic views of Biscayne Bay, the marina, and the Miami skyline. Thoughtfully curated interiors showcase white oak flooring, custom millwork, Venetian plaster finishes, architectural wall paneling, and floor-to-ceiling impact glass opening to expansive terraces. The chef's kitchen features a marble waterfall island, custom cabinetry, Sub-Zero, Wolf, and Miele appliances, and a walk-in pantry. Entertain with ease in the formal living and dining rooms, a private family room, hidden wet bar with wine refrigeration, and a dedicated home theater. The primary suite occupies the main level and includes a sitting area, private gym, dual spa-inspired bathrooms, and custom walk-in closets. Upstairs offers two en-suite guest bedrooms, a second full kitchen, family room, and an extraordinary terrace featuring lounge areas, a fire pit, and a summer kitchen. Additional features include Lutron lighting, Sonos audio, four assigned parking spaces, a private garage, EV charging, storage, and a separate 1-bedroom, 1. 5-bath guest suite. Residents enjoy concierge services, a marina, tennis courts, a restaurant, spa, fitness facilities, heated pools, and 24-hour security.

Features

  • Parking: Assigned, Covered, Valet
  • Heating: Central, Electric
  • Cooling: Central Air, Electric
  • Levels: 19
  • Amenities: Clubhouse, Fitness Center, Other, Pool, Sauna, Spa/Hot Tub, Tennis Court(s), Trash Chute, Bar, Bike Storage, Community Room, Heated Pool, Putting Green, Maintenance
  • Rooms: 5
  • Bedrooms: 4
  • Baths: 5 full / 3 half
  • Complex: THE GABLES CONDO
  • Year Built: 2003
  • Common Charge: $19,054 Quarterly
  • Approx Sq. Feet: 6,974
  • Est. Taxes: $67,250
  • View: Skyline, Bay, Ocean
  • Water Front: Yes
  • Boat Service: Marina
  • Elem. School: Coconut Grove
  • Middle School: Ponce De Leon
  • High School: Coral Gables
  • Pet Policy: Yes
  • Appliances: Dryer, Disposal, Dishwasher, Electric Range, Oven, Other, Refrigerator, Washer
  • MLS#: A12032083
  • Website: https://www.raveis.com
    /prop/A12032083/60edgewaterdrive_coralgables_fl?source=qrflyer
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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:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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60 Edgewater Drive, #TSD, Coral Gables, FL, 33133

$12,750,000

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 $10,200,000 $10,200,000 $10,200,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.000% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.218% 6.133% 6.183%
Monthly Tax Payment $5,604 $5,604 $5,604
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $60,337 $61,154 $86,073
Total Monthly Payment $66,066 $66,883 $91,802

* 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.