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House 315 м² in Coral Gables, USA

3 251 328 $

10 321 $ /м²

4OWOV
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Area

315 м2

Bedrooms

8

Bathrooms

4

Luxury 8 bedroom home for sale in Coral Gables, Florida

A one-of-a-kind apartment building in the most prestigious location of Coral Gables. This 2-story building consists of four apartments: 2 bedrooms, 1 bathroom each, all of which have been meticulously updated and enhanced with high-end finishes. The building is occupied by 100 people. A total of six private parking spaces are included. The roof was recently replaced with a penetrating fiber coating. Unparalleled location: two blocks to Miracle Mile, minutes to Merrick Park and a short drive to Miami's most popular destinations: Downtown and Brickell, Coconut Grove, Miami Beach, MIA Int'\'\''l Airport and more. Each apartment features two spacious bedrooms with walk-in closets, updated bathrooms with glass and stone showers, washer and dryer, and fully equipped kitchens with new kitchen appliances. In addition to being a profitable and income producing property, 1901 S Le Jeune Rd has also recently been designated a historic building of special significance to the City of Coral Gables. The building, dating back to the era of Merrick's founding of the city, embodies George Merrick's unique vision of a "Mediterranean-European oasis in the tropics." "[...] The site also has an exceptionally high degree of cultural significance regionally, nationally, and internationally due to its many connections to the arts. One could easily argue that this facility is one of the most significant cultural gems of our community, not only Coral Gables, but all of South Florida." (from the historic building

Additional details

Property type

Residential Properties

Object type

House

Price

3 251 328 $

FAQ

In USA a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Coral Gables; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Banks in USA finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.
Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.
A title search at the land registry of USA takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.
Yes. Rental income tax is 5–25% depending on the regime. In Coral Gables short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Yes. An inspection costs about 0.5–1% of the price (3 251 328 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
A typical transaction runs 30–90 days, averaging 45 in Coral Gables: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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