701 Bella Vista Ave, Coral Gables, FL 33156 — MLS photo

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701 Bella Vista Ave, Coral Gables, FL 33156

Active · SingleFamilyResidence

$8,750,000

701 Bella Vista Ave, Coral Gables, FL 33156

Beds
6
Baths
7
Living area
4,980 sq ft
$ / sq ft
$1,757/sq ft
Year built
2011
Lot size
15,500 sq ft
HOA fee
—
Annual tax
$91,371

About this property

An exceptional waterfront estate offering sophisticated finishes, grand indoor and outdoor entertaining areas and direct access to Biscayne Bay. This 6BR/6.5BA custom built home sits on a 15,500 sqft lot and is located in the guard gated community of Gables by the Sea. Elevated entrance opens to a light filled open living space with double height ceilings. Custom kitchen features top of the line appliances and quartz counter tops. French doors open to a huge, covered terrace with summer kitchen overlooking the pool, garden and water way. Opulent primary suite with his and hers walk in closets and spa like bath. This home is turn key and has it all, full home generator, impact windows and doors, elevator, security system, cabana bath, gym, family room, fireplace and is located close to Miami’s best private and public schools. Brand new dock, the ultimate boaters paradise.

Property location

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701 Bella Vista Ave, Coral Gables, FL 33156

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Facts & features

Interior

Bedrooms
6
Bathrooms
7
Living area
4,980 sq ft
Flooring
Hardwood, Wood
Appliances
Built In Oven, Dryer, Dishwasher, Disposal, Ice Maker, Refrigerator, Self Cleaning Oven, Trash Compactor, Washer
Cooling
Central Air
Heating
Central
Interior features
Bedroom On Main Level, Breakfast Area, Closet Cabinetry, Dual Sinks, First Floor Entry, Fireplace, Kitchen Island, Separate Shower, Vaulted Ceilings, Bar, Elevator

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2011
Lot size
15,500 sq ft
Architectural style
Two Story
Roof
Flat, Tile
Construction
Block
Exterior features
Balcony, Barbecue, Security High Impact Doors, Outdoor Grill, Outdoor Shower
Pool
In Ground, Pool
Spa
Heated
Waterfront
Canal Front, No Fixed Bridges, Ocean Access, Seawall
View
Canal

Parking

Garage spaces
2
Covered spaces
2
Parking features
Attached Carport, Driveway, Detached, Garage, Paver Block, On Street, Garage Door Opener

HOA, Community & Financials

Association fee
$0 Monthly
Security
Smoke Detectors
Pets allowed
No, Yes
Annual tax
$91,371
Subdivision
CORAL BAY SEC D
County
Miami-Dade
Days on market
422
MLS listing ID
A11859747
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$24,474

Cap rate
2.3%
Net yield
2.3%
Cash-on-cash return
-12.0%
Gross yield
4.5%
Mortgage payment
$41,479/mo
Down payment
$2,187,500
Loan amount
$6,562,500
Annual NOI
$204,071

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.