3409 S Le Jeune Rd, Coral Gables, FL, 33134 | $3,450,000

Lejeune House is now on the market! This charming 13-unit Old Spanish multifamily building is located in the heart of Coral Gables. The property includes two folios (03-4117-007-2090 and 03-4117-007-1830), comprising the apartment building and an adjacent parking lot with assigned parking for all tenants. The units consist of 10 one-bedroom apartments and 3 large studios, with the majority having been remodeled. The common areas have also been updated, and there is an on-site washer/dryer facility at the back of the building. Recertification with the city was completed this year. The building's prime location—just a block from the youth center and the new entertainment complex known as The Plaza, and close to Merrick Shops and Miracle Mile makes this an ideal investment opportunity.

Features

  • Property Type: Multi Family
  • Construction: Brick,Block
  • Garage: Assigned
  • Parking: 14-car
  • Heating: Window Unit,Wall Furnace
  • Cooling: Wall/Window Unit(s)
  • Units: 13
  • Zoning: 5900
  • Year Built: 1926
  • Est. Taxes: $33,910
  • Lease Term Type: 36 Months
  • MLS#: A11658377
  • Days on Market: 2 days
  • Website: https://www.raveis.com
    /prop/A11658377/3409slejeunerd_coralgables_fl?source=qrflyer
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Listing courtesy of DOUGLAS ELLIMAN   Phone: 305-695-6060

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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3409 S Le Jeune Rd, Coral Gables, FL, 33134

$3,450,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,760,000 $2,760,000 $2,760,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.620% 6.735% 6.806%
Monthly Tax Payment $2,826 $2,826 $2,826
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $17,901 $17,673 $24,233
Total Monthly Payment $20,852 $20,624 $27,184

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.