2 months on rocket

5600-1 Kerwood Oaks Dr, Coral Gables, FL, 33156

$4,500,000

0.80 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeResidential
MLS #A11535673
Lot Size0.80 Acres
StatusActive

About 5600-1 Kerwood Oaks Dr

Welcome to 5600 Kerwood Oaks Drive, a prestigious property located in the private gated enclave of Banyan Drive in Coral Gables. This exceptional property presents an unparalleled opportunity to build the home of your dreams on a highly coveted 35,000 sf lot or to reimagine and reinvent the existing residence. The lush gardens and pool are magical and offer a private oasis for relaxation or entertaining. Nestled close to top public and private schools, this home is surrounded by high-end luxury estates. Don't miss this remarkable opportunity to create your ideal living space in one of the most sought-after locations in Coral Gables. Whether you envision a complete reinvention or building your dream home, this property offers the perfect canvas for your vision. A Very Special Home.

Property Details

Property Features

Listing Office:

  • Office Name: Compass Florida, LLC.
  • Office Phone: (305) 851-2820
  • Listing Agent: Carole Smith

Exterior Features

Exterior Information:

  • Exterior: Storm/Security Shutters

Virtual/3D Tour

  • Virtual Tour: 5600-1 Kerwood Oaks Dr

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Lot Features

Lot Information:

  • Lot Size: 0.80 Acres

School Info

Assigned Schools Information:

  • Miami Palmetto Senior High School, Public Magnet Grades 9-12
  • Palmetto Middle School, Public District Grades 6-8
  • Pinecrest Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,500,000
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Housing Market Comparison

See how this home compares to others in Coral Gables, FL.

Med. Sold Price

$1.0M

Med. Price/SqFt

$662

Avg. Days On Market

66

# of Sold Homes

58

5600-1 Kerwood Oaks Dr vs Coral Gables

68 DAYS ON ROCKET

+2 Days

$4,500,000

+$3.4M More

KEY TAKEAWAY

This property is $3.4M more than the Median Sold Price in Coral Gables, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11535673

Listing Office:

  • Office Name: Compass Florida, LLC.
  • Office Phone: (305) 851-2820
  • Listing Agent: Carole Smith

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 4:25:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$22.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$13.5K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2407210
10
/10
  • Pinecrest Elementary School

  • 10250 SW 57th Ave

  • 0.51 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2407211
7
/10
  • Palmetto Middle School

  • 7351 SW 128th St

  • 2.76 miles

  • Public District Grades 6-8

High School

school-card-donut-2407212
6
/10
  • Miami Palmetto Senior High School

  • 7460 SW 118th St

  • 2.61 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $324,600. The majority of Coral Gables, FL residents have income $200k+ annually. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5600-1 Kerwood Oaks Dr

What is the listing price of this property?

The listing price of 5600-1 Kerwood Oaks Dr property is $4,500,000.

What type of property is this?

The property 5600-1 Kerwood Oaks Dr is land located in Coral Gables, Florida, 33156.

Is this property for sale now?

Active Listing: 5600-1 Kerwood Oaks Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5600-1 Kerwood Oaks Dr are:
Pinecrest Elementary School: GreatSchools Rating 10/10
Palmetto Middle School: GreatSchools Rating 7/10
Miami Palmetto Senior High School: GreatSchools Rating 6/10

How much acreage is this property?

The property 5600-1 Kerwood Oaks Dr is 0.80 acres.
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Rocket HomesFloridaMiami-Dade CountyCoral Gables331565600-1 Kerwood Oaks Dr

This home is located at 5600-1 Kerwood Oaks Dr in Coral Gables, FL and zip code 33156 in the West Cutler Area neighborhood. This home sits on a 0.80 acre lot. It has been listed on Rocket Homes since February 20, 2024 and is currently priced at $4,500,000.

In March 2024 more than 6 listings in Coral Gables, FL were sold above the asking price. During the same period more than 8 listings were sold at asking price, while more than 44 were sold below. In March 2024 in Coral Gables, FL there were 7.9% more homes for sale than in February 2024. The median list price of listings available in March 2024 was $1,053,000, while the average time on the real estate market was 66 days.

From Rocket Homes Real Estate and based on county public records data.

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