Cays Realty
820 San Pedro Ave, Coral Gables, FL 33156 — MLS photo

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820 San Pedro Ave, Coral Gables, FL 33156

Active · SingleFamilyResidence

$21,900,000

820 San Pedro Ave, Coral Gables, FL 33156

Beds
4
Baths
6
Living area
4,435 sq ft
$ / sq ft
$4,938/sq ft
Year built
1970
Lot size
28,496 sq ft
HOA fee
$350 Annually
Annual tax
$45,129

About this property

Once in a lifetime opportunity. Imagine your own private paradise in the gated community of Gables by the Sea. This spectacular estate sits right on the bay with over half an acre of lush landscaping designed by renowned architect Raymond Jungles. This is a boater and entertainer's dream home, with a family room with open bay views, summer kitchen, protected boat dock that holds a vessel up to 60ft and a boat lift that can hold 15k lbs. Completely renovated in 2018 with new roof, new wood and stone flooring, chef's kitchen with SubZero and Miele appliances, an oversized butler's pantry with wine refrigerators, gorgeous custom cabinetry and millwork throughout, high vaulted ceilings and full house generator.

Property location

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820 San Pedro Ave, Coral Gables, FL 33156

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Facts & features

Interior

Bedrooms
4
Bathrooms
6
Living area
4,435 sq ft
Flooring
Hardwood, Other, Wood
Appliances
Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Washer
Cooling
Central Air
Heating
Electric
Interior features
Built In Features, Breakfast Area, Dual Sinks, Entrance Foyer, Eat In Kitchen, French Doors Atrium Doors, Split Bedrooms, Separate Shower, Upper Level Primary, Vaulted Ceilings, Bar, Walk In Closets, Bay Window

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1970
Lot size
28,496 sq ft
Architectural style
Detached, Two Story
Roof
Metal
Construction
CBSConcrete Block Structure, Block
Exterior features
Deck, Fence, Fruit Trees, Security High Impact Doors, Lighting, Outdoor Grill, Patio
Pool
In Ground, Pool Equipment, Pool
Waterfront
Bayfront, Canal Front, Ocean Front
View
Bay, Water

Parking

Garage spaces
2
Covered spaces
2
Parking features
Attached, Circular Driveway, Garage, Guest, Paver Block, Garage Door Opener

HOA, Community & Financials

Association fee
$350 Annually
Fee inclusions
Security
Security
Gated Community
Pets allowed
No, Yes
Annual tax
$45,129
Subdivision
CORAL BAY SEC B
County
Miami-Dade
Days on market
258
MLS listing ID
A11915635
Listing status
Active

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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

-$58,995

Cap rate
2.5%
Net yield
2.5%
Cash-on-cash return
-11.5%
Gross yield
3.7%
Mortgage payment
$103,817/mo
Down payment
$5,475,000
Loan amount
$16,425,000
Annual NOI
$537,869

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