Waterfront Property – Under appraised value!
Categories: Coral Gables, Listings, Real Estate News, Waterfront
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BACK ON THE MARKET WITH A BANG!
Best deal on Gables Waterways, just became better at $2,499,000! Back on the market after a brief interlude to test the water and find out the facts. One of the finest property on the Gables Waterway, south of US with direct access to the Bay. Pleasant 15 minutes ride to the bay under three lovely bridges; lowest is approximately 15 ft clearance – great place to protect your yacht during the hurricane season.
This lovely property has 6 bedrooms, 5.5 baths, 2 car garage in a two story 4700 SF home. All windows and doors have electric roll down shutters – automatic lighting and irrigation system keep this property in great condition. The lushly landscaped 25, 700+ SF lot sits high enough above flood criteria that it does not require flood insurance. An oversize swimming pool with with a SW exposure offers year round use and works great as a lap pool. The existing dock can accomodate up to a 60 ft yacht according to the seller – cut coral edge and over 160 ft on a wide canal can accomodate most sizes of boats and types of lifts.
A recently bank ordered appraisal valued this property at $2,550,000 in its current condition. We also have complete inspection report, so a buyer coming to this property knows upfront the value and condition of this property. A great opportunity for someone with a vision who wants to have ocean access in a wind and surge protected area. Live in a central location within walking distance to the University of Miami Transit station, but in a quiet tropical paradise that is a world away. Priced to sell quick — come now and bring your best offer . To schedule a private showing, please contact Carlos Ruiz @ 305 510.0647 or Alex Salazar at 305 807.0931.
