ParkingAssigned, Covered, Detached Carport, Detached, Garage, Two or More Spaces, Garage Door Opener
Garage2 spaces
Year Built1974
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
ViewGolf Course
MLS #A11474508
StatusAccepting Backup Offers (Active Under Contract)
About 700 Coral Way Unit 2
This gem is a 3/3 3,200 sq ft home in the sky, overlooking the Granada Golf course with a wraparound balcony and direct view of the 3rd Hole Tee. Beautiful floor-to-ceiling hurricane proof windows offering views from every direction. Keep the apartment the way it is, or renovate to your taste - the options are endless with the flexible floorplan and views from every room. Great location providing a walkable lifestyle to fine dining, shopping & culture and minutes away from MIA, UM and hospitals. 2 elevators with secure access into your own private foyer. This boutique tower has only 12 exclusive residences, 1 per floor. Building has recently undergone a $5M restoration project and owner has paid all assessments. 2 covered parking spaces. Photos have been virtually staged.
Property Details
Property Features
Property Information:
Year Built: 1974
Living Area: 3,200 SqFt
Listing Office:
Office Name: One Sotheby's International Realty
Office Phone: (305) 666-0562
Listing Agent: Patricia Bilbao
Interior Features
Interior Information:
Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Trash Compactor, Washer
Flooring Type: Marble, Other
Interior: Breakfast Bar, Bedroom on Main Level, Breakfast Area, Closet Cabinetry, Dual Sinks, Entrance Foyer, Eat-in Kitchen, First Floor Entry, Kitchen Island, Living/Dining Room, Sitting Area in Primary, Bar
Bedroom and Bathroom Information:
Full Bathrooms: 3
Total Bedroom Count: 3
Exterior Features
Exterior Information:
View: Golf Course
Exterior: Balcony, Security/High Impact Doors
Parking Information:
Garage Space: 2 spaces
Attached Garage: No
Parking: Assigned, Covered, Detached Carport, Detached, Garage, Two or More Spaces, Garage Door Opener
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$11.5K
Per Month
Principal & Interest
$9,109
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$2,346
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$5,538
Powered By
Advertisement
NMLS#3030
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
9
/10
George Washington Carver Elementary School
238 Grand Ave
Distance between this listing and this school1.67 miles
Public District Grades PK-5
Middle School
5
/10
Ponce De Leon Middle School
5801 Augusto St
Distance between this listing and this school2.27 miles
Public Magnet Grades 6-8
High School
5
/10
Coral Gables Senior High School
450 Bird Rd
Distance between this listing and this school1.10 miles
Public Magnet Grades 9-12
Assigned Schools
9
/10
George Washington Carver Elementary School
238 Grand Ave
Distance between this listing and this school1.67 miles
Public District Grades PK-5
Nearby Schools
9
/10
Somerset Gables Academy
624 Anastasia Ave
Distance between this listing and this school0.51 miles
Public Charter Grades KG-5
8
/10
Sylvania Heights Elementary School
5901 SW 16th St
Distance between this listing and this school1.57 miles
Public District Grades PK-5
Assigned Schools
5
/10
Ponce De Leon Middle School
5801 Augusto St
Distance between this listing and this school2.27 miles
Public Magnet Grades 6-8
Nearby Schools
9
/10
Coral Gables Preparatory Academy
105 Minorca Ave
Distance between this listing and this school0.80 miles
Public District Grades PK-8
7
/10
Mater Grove Academy
2805 SW 32nd Ave
Distance between this listing and this school1.63 miles
Public Charter Grades KG-7
Assigned Schools
5
/10
Coral Gables Senior High School
450 Bird Rd
Distance between this listing and this school1.10 miles
Public Magnet Grades 9-12
Nearby Schools
3
/10
Academy of Arts & Minds
3138 Commodore Plz
Distance between this listing and this school2.14 miles
Public Charter Grades 9-12
9
/10
International Studies Charter High School
2480 SW 8th St
Distance between this listing and this school2.33 miles
The neighbors living near this home have an average income of $68,592. Typical income of Coral Gables, FL residents is between $35k-100k annually. The most common type of family is single, no kids. 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 700 Coral Way Unit 2
What is the listing price of this property?
The listing price of 700 Coral Way Unit 2 property is $1,825,000.
What type of property is this?
The property 700 Coral Way Unit 2 is a condo located in Coral Gables, Florida, 33134.
Is this property for sale now?
Accepting Backup Offers: 700 Coral Way Unit 2 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What are the assigned schools for this property?
The assigned schools for 700 Coral Way Unit 2 are: George Washington Carver Elementary School: GreatSchools Rating 9/10Ponce De Leon Middle School: GreatSchools Rating 5/10Coral Gables Senior High School: GreatSchools Rating 5/10
How many bedrooms and bathrooms does this property have?
The property at 700 Coral Way Unit 2 has 3 bedrooms and 3 bathrooms.
What is the square footage of this property?
The property 700 Coral Way Unit 2 is 3,200 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 700 Coral Way Unit 2 is 1974.
This home is located at 700 Coral Way Unit 2 in Coral Gables, FL and zip code 33134 in the Granada neighborhood. This 3,200 square foot home was built in 1974. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 06, 2023 and is currently priced at $1,825,000.
Over 6 listings were sold over their listed price in March 2024 in Coral Gables, FL. In the same period over 44 listings were sold below the listed price and 8 listings were sold for the listed price. The number of listings in Coral Gables, FL increased by 7.9% between February 2024 and March 2024. While the average time on the market in March 2024 was 66 days, the median list price was $1,053,000.
From Rocket Homes Real Estate and based on county public records data.