Luxury detached 5 bedroom home for sale in Coral Gables, Florida
Located in the heart of Coral Gables, this one-story gated estate boasts a grand master suite with 3 closets and 4 bedrooms, each with a private bath. The grand foyer greets you with an abundance of natural light and leads into the spacious living room with high ceilings and marble fireplace. The home also features a formal dining room, spacious kitchen and large family room perfect for gatherings. Split bedrooms, new roof, refinished wood floors, covered patio and laundry room make the home elegant and functional. The 25,800 square foot lot offers a tennis court or north-south pickleball court. Enjoy living in close proximity to premier shopping, dining, entertainment and schools.
Characteristics
Property type
Residential Properties
Object type
House
Price
3 984 913 $
FAQ
How can I get a residence permit by buying property in USA?
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.
Is a mortgage available for non-residents in USA?
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.
What taxes and fees apply when buying in USA?
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.
How is the title checked in USA?
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.
Can I rent out property after purchase in USA?
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.
Is a property inspection recommended before purchase?
Yes. An inspection costs about 0.5–1% of the price (3 984 913 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
How long does the purchase process take in USA?
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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