Rare chance to own a 1.5-acre estate with complete privacy, two gated entrances, and a walled-in lot. The main house, bathed in natural light, spans over 5,000 sq ft. The second floor features a loft, a renovated Master Suite with a bath, a second bedroom with an ensuite bath, and expansive terraces. The first floor includes a kitchen, family room, formal dining, a third bedroom with a full bath, a powder room, a bar area, a media room, and a potential fourth bed/maid/in-law quarters. Additionally, a separate detached efficiency is included. The property boasts a generator, a new roof (2018), new impact windows throughout (2018), and new AC units.
Property Details
Property Features
Property Information:
Architectural Style: Detached, Two Story, Spanish/Mediterranean
Year Built: 1926
Stories: 2
Living Area: 5,014 SqFt
Listing Office:
Office Name: One Sotheby's International Re
Office Phone: (305) 538-9711
Listing Agent: Sladja Stantic
Interior Features
Interior Information:
Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Gas Range, Microwave, Refrigerator, Self Cleaning Oven, Washer
Flooring Type: Marble, Wood
Interior: Built-in Features, Bedroom on Main Level, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, First Floor Entry, Garden Tub/Roman Tub, Sitting Area in Primary, Separate Shower, Bar, Walk-In Closet(s)
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$59.9K
Per Month
Principal & Interest
$59.8K
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)
$0
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
$36K
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 school1.88 miles
Public District Grades PK-5
Middle School
5
/10
Ponce De Leon Middle School
5801 Augusto St
Distance between this listing and this school1.26 miles
Public Magnet Grades 6-8
High School
5
/10
Coral Gables Senior High School
450 Bird Rd
Distance between this listing and this school2.35 miles
Public Magnet Grades 9-12
Assigned Schools
9
/10
George Washington Carver Elementary School
238 Grand Ave
Distance between this listing and this school1.88 miles
Public District Grades PK-5
Nearby Schools
10
/10
Sunset Elementary School
5120 Sunset Dr
Distance between this listing and this school0.85 miles
Public Magnet Grades PK-5
10
/10
Henry S. West Laboratory School
5300 Carillo St
Distance between this listing and this school1.62 miles
Public District Grades PK-6
Assigned Schools
5
/10
Ponce De Leon Middle School
5801 Augusto St
Distance between this listing and this school1.26 miles
Public Magnet Grades 6-8
Nearby Schools
10
/10
Somerset Academy Charter Middle School South Miami Campus
5876 SW 68th St
Distance between this listing and this school1.70 miles
Public Charter Grades 6-8
10
/10
George Washington Carver Middle School
4901 Lincoln Dr
Distance between this listing and this school1.89 miles
Public Magnet Grades 6-8
Assigned Schools
5
/10
Coral Gables Senior High School
450 Bird Rd
Distance between this listing and this school2.35 miles
Public Magnet Grades 9-12
Nearby Schools
9
/10
International Studies Preparatory Academy
1570 Madruga Ave
Distance between this listing and this school1.39 miles
Public Magnet Grades 9-12
3
/10
Academy of Arts & Minds
3138 Commodore Plz
Distance between this listing and this school2.23 miles
The neighbors living near this home have an average income of $123,750. Residents of Coral Gables, FL typically earn between $100k-200k each year. The most common type of family is married, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 7601 Old Cutler Rd
What is the listing price of this property?
The listing price of 7601 Old Cutler Rd property is $12,000,000.
What type of property is this?
The property 7601 Old Cutler Rd is a house located in Coral Gables, Florida, 33143.
Is this property for sale now?
Active Listing: 7601 Old Cutler Rd is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 7601 Old Cutler Rd 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
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $44,007 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 7601 Old Cutler Rd has 4 bedrooms and 4 bathrooms.
What is the square footage of this property?
The property 7601 Old Cutler Rd is 5,014 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 7601 Old Cutler Rd is 1926.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 7601 Old Cutler Rd in Coral Gables, FL and zip code 33143 in the Gables Bayfront neighborhood. This 5,014 square foot home was built in 1926. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 07, 2023 and is currently priced at $12,000,000.
In March 2024, from all listings sold in Coral Gables, FL there were more than 6 sold above asking price, over 44 sold below and more than 8 were sold right at the asked price. The number of listings in Coral Gables, FL increased by 7.9% between February 2024 and March 2024. In March 2024 median list price was $1,053,000 and the average listing age was 66 days.
From Rocket Homes Real Estate and based on county public records data.