Rarely available direct Bayfront property offered at an incredibly modest price! This pristine and spacious sun-filled 4 bedroom mid-century modern style home has an open floor plan. The great room, kitchen and bedrooms all have expansive windows with gorgeous water views. Located in the sought after Coral Gables guard gated community known as "Gables by the Sea" this property is sure to exceed your expectations. Enjoy as it is now, or build the home of your dreams on this spectacular Biscayne Bay/Atlantic Ocean property, affording spectacular, endless open water seaside views from sunrise to sunset, a must see!
Property Details
Property Features
Property Information:
Architectural Style: Detached, One Story
Year Built: 1960
Stories: 1
Living Area: 2,721 SqFt
Listing Office:
Office Name: Coldwell Banker Realty
Office Phone: (305) 667-4815
Listing Agent: Renee Gross
Interior Features
Interior Information:
Appliances: Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Trash Compactor, Washer
Flooring Type: Marble, Other, Tile
Interior: Built-in Features, Bedroom on Main Level, Breakfast Area, Closet Cabinetry, Dual Sinks, Entrance Foyer, Family/Dining Room, First Floor Entry, Garden Tub/Roman Tub, Jetted Tub, Custom Mirrors, Skylights, Separate Shower, Walk-In Closet(s)
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 2
Total Bedroom Count: 4
Exterior Features
Exterior Information:
Waterfront: Bay Front, Ocean Access, Ocean Front, Seawall
View: Bay, Ocean, Water
Exterior: Deck, Fence, Fruit Trees, Lighting, Outdoor Grill, Storm/Security Shutters
Parking Information:
Garage Space: 2 spaces
Attached Garage: Yes
Parking: Attached, Circular Driveway, Garage, Garage Door Opener
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air, Ceiling Fan(s), Electric
Other
Directions Information:
Directions: From Old Cutler Rd. turn East at 128 St. traffic light. After guard gate continue straight ahead on Lugo Av. cross over bridge and turn right onto San Pedro Ave. continue on until reaching 860 San Pedro Av. which will be on your right.
Price Information
Listing Price Info
Price Summary:
List Price: $6,399,000
Price Per SqFt: $2,352/SqFt
HOA Fees:
Amount: $0
Frequency: Annually
Tax Information:
Annual Amount: $30,222
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Coral Gables, FL.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$32K
Per Month
Principal & Interest
$31.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$19.2K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
10
/10
Pinecrest Elementary School
10250 SW 57th Ave
Distance between this listing and this school1.96 miles
Public District Grades PK-5
10
/10
Palmetto Elementary School
12401 SW 74th Ave
Distance between this listing and this school2.71 miles
Public District Grades PK-5
7
/10
Howard Drive Elementary School
7750 SW 136th St
Distance between this listing and this school3.09 miles
Public District Grades PK-5
Nearby Schools
7
/10
Palmetto Middle School
7351 SW 128th St
Distance between this listing and this school2.69 miles
Public District Grades 6-8
8
/10
Southwood Middle School
16301 SW 80th Ave
Distance between this listing and this school3.93 miles
Public Magnet Grades 6-8
10
/10
Somerset Academy Charter Middle School South Miami Campus
5876 SW 68th St
Distance between this listing and this school4.09 miles
Public Charter Grades 6-8
Nearby Schools
6
/10
Miami Palmetto Senior High School
7431 SW 120th St
Distance between this listing and this school2.91 miles
Public Magnet Grades 9-12
9
/10
International Studies Preparatory Academy
1570 Madruga Ave
Distance between this listing and this school3.96 miles
Public Magnet Grades 9-12
4
/10
Miami Killion Senior High School
10655 SW 97th Ave
Distance between this listing and this school5.17 miles
The neighbors living near this home have an average income of $168,182. Residents of Coral Gables, FL typically earn between $100k-200k each year. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 860 San Pedro Ave
What is the listing price of this property?
The listing price of 860 San Pedro Ave property is $6,399,000.
What type of property is this?
The property 860 San Pedro Ave is a house located in Coral Gables, Florida, 33156.
Is this property for sale now?
Active Listing: 860 San Pedro Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $30,222 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 860 San Pedro Ave has 4 bedrooms and 2 full and 1 half bathrooms.
What is the square footage of this property?
The property 860 San Pedro Ave is 2,721 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 860 San Pedro Ave is 1960.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 860 San Pedro Ave in Coral Gables, FL and zip code 33156 in the Gables Bayfront neighborhood. This 2,721 square foot home was built in 1960. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 11, 2024 and is currently priced at $6,399,000.
Over 4 listings were sold over their listed price in October 2024 in Coral Gables, FL. In the same period over 24 listings were sold below the listed price and 7 listings were sold for the listed price. The inventory of homes for sale in Coral Gables, FL between September 2024 and October 2024 increased by 11.6%. In October 2024 median list price was $1,280,000 and the average listing age was 41 days.
From Rocket Homes Real Estate and based on county public records data.