1121 Madruga Ave, #201, Coral Gables, FL, 33146 | $1,248,000

Exceptionally well appointed and elegant 3-Bedroom, 2. 5-bath condo in a beautiful Coral Gables boutique building. Only 3 generously sized units per floor, with a rooftop terrace that includes a pool, BBQ area and two covered sitting areas. Great for entertaining. This condo, is almost 2000 sqft of luxurious stone and hardwood. It has an open kitchen, formal dining room and has great natural light flowing through its impact windows. It has a great floor plan, large closets and master bedroom.
Ground floor is reserved for residents gated parking and building entrance.
Walk to South Miami, Starbucks and UM. Well priced and completely turn key.

Features

  • Heating: Central
  • Cooling: Central Air
  • Levels: 4
  • Amenities: Cabana,Barbecue,Picnic Area,Pool
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Complex: 1121 MADRUGA AVE CONDO
  • Year Built: 2007
  • Common Charge: $1,405 Monthly
  • Approx Sq. Feet: 1,902
  • Est. Taxes: $4,359
  • View: Other
  • Elem. School: Carver; G.W.
  • Middle School: Ponce De Leon
  • High School: Coral Gables
  • Pets Allowed: Yes
  • Pet Policy: Conditional,Yes
  • Appliances: Dryer,Dishwasher,Electric Range,Disposal,Microwave,Refrigerator,Self Cleaning Oven,Washer
  • MLS#: A11712783
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/A11712783/1121madrugaave_coralgables_fl?source=qrflyer
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Listing courtesy of Sime Realty Corporation   Phone: 305-669-0755

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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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  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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1121 Madruga Ave, #201, Coral Gables, FL, 33146

$1,248,000

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 $998,400 $998,400 $998,400
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 $363 $363 $363
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,476 $6,393 $8,766
Total Monthly Payment $6,964 $6,881 $9,254

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.