Nestled within the ultra-exclusive, guard-gated community of Gables Estates, this nearly 1-acre waterfront lot presents a rare opportunity to build a custom dream estate. Boasting 152 feet of water frontage, this prime parcel is a haven for yachting enthusiasts. Surrounded by lush landscaping & multi-million-dollar estates, it offers the perfect blend of privacy, security, & prestige in one of Coral Gables’ most sought-after neighborhoods. Exceptional security ensures peace of mind, with 24/7 armed guards stationed at all entrances. The Coral Gables Police Department provides continuous land & water patrols. Ideally situated, Gables Estates is just a short drive from Miami’s premier dining, shopping, & cultural destinations. The community is also moments from Miami’s top private schools.
Interior Features
Dining Area
Separate Formal Dining Room
Other
Separate Shower
Exterior Features
Other
Property Tax Information
Tax Amount: $53,273
Tax Year: 2022
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monthly payment breakdown
total monthly payment
$7,500.00
Principal & Interest
The principal is the amount that you borrow from a
lender. The interest is the cost of borrowing that money.
$
0,000
Property Taxes
This tax is a percentage of a home’s assessed value and
varies by area. Homeowners pay this tax annually, semi-annually, or as part of a
monthly mortgage payment.
HOA Fees
Fees paid by homeowners within a shared complex to pay
for building repairs and operation costs. HOA fees are typically paid monthly or
quarterly.
Homeowners Insurance Homeowners insurance covers
losses and damages to your
home, property, personal belongings, and other assets in your home. The policy
also provides liability coverage against accidents in the home or on the
property. When applying for a mortgage, the applicant is usually required to
provide proof of insurance on the property before the financial institution will
approve the loan.
Private Mortgage Insurance (PMI) Borrowers with a down payment of less than 20% may be
required to purchase mortgage insurance. Mortgage insurance protects the
mortgage lender against loss if a borrower defaults on their loan. Typically,
mortgage insurance rates range from 0.2%–2% of the loan amount per year. Your
actual rate may vary.
5 Beds
5.5 Baths
