Daniel De La Torre Roffe
Residential Financing Specialist
Residential Financing
By phone(786) 981-7200
By emailloan@danieldelatorre.com
0104
MLS #A11234567··For Sale
245 Bay Heights Drive, Coconut Grove, FL 33133Bay Heights, FL
6 Bedrooms6.5 Bathrooms8,420 sq ft0.42 acres3-car garage
5views
Asking
$8,950,000
— About this home
An immaculate Coconut Grove modern set on a half-acre waterfront lot. Walls of glass open to a curated tropical garden, infinity pool, and private dock with direct bay access. Six en-suite bedrooms, primary wing with sunset terrace, chef's kitchen anchored by a 12-foot island.
— Overview
- Status
- For Sale
- Type
- Single Family Residence
- Bedrooms
- 6
- Bathrooms
- 6.5
- Living area
- 8,420 sq ft
- Lot size
- 18,295 sqft
- Year built
- 2019
- Renovated
- 2019
- Stories
- 2
- Garage
- 3-car
- Zoning
- T3-R
- MLS
- #A11234567
- Listed
- Mar 29, 2026
- Annual taxes
- $84,000/yr
— Features & Amenities
Highlights
- Smart home
- Wine cellar
- Home theater
- Pool
- Spa
- Outdoor kitchen
- Dock
- In-ground
- Heated
Area & Lot
- Architecture: Modern
- Architecture: Tropical
- View: Bay
- View: Garden
- Waterfront
- Cul-de-sac
Interior & Systems
- Heating: Central
- Cooling: Central A/C
- Roof: Concrete tile
- Sub-Zero
- Wolf
- Miele
Exterior & Site
- Attached garage
- Driveway
- Water source: Public
- Sewer: Public sewer
— Location
Bay Heights245 Bay Heights Drive, Coconut Grove, FL 33133
— School Zones
Public school assignments based on the property's address. Boundaries can change — verify current assignment with the district before purchase.
— Mortgage Estimator
Estimate your monthly cost.
For a personalized quote or pre-approval, we'll connect you with one of our trusted lending partners.
Home priceUSD
Enter as digits, with commas, or shorthand: 1.9M · 1900K · 1,895,000
ZIP codeMiami-Dade
Miami-Dade County (exact match).
Payment typeFinanced
Conventional or jumbo loan, depending on size.
Down payment20% · $1,790,000
%
$7,160,000 financed· Jumbo loan
Loan termyears
Base rate% (760+ band)
Loading current market rate...
Your rate at 740-759:6.995%(base + 0.12%)
Loan exceeds the conforming limit. Jumbo rates from portfolio lenders typically run 0.25–0.75% below the 30-yr fixed shown here.
Primary residenceNo
No homestead exemption — full property tax applies.
Credit score banddrives rate
Lenders price LLPA adjustments by credit band. See impact panel for monthly + lifetime deltas.
Your finances — optional, for DTI
Gross annual income
$
Other monthly debts
$
Household combined pre-tax income and the sum of your monthly debt-service payments (auto loans, student loans, credit-card minimums). We don't count groceries, utilities, or insurance — those don't factor into lender DTI.
— Estimated monthly
$65,547
Per month, all-in
Monthly breakdown
- Principal & interest$47,61273%
- Property taxes$7,00011%
- Insurance$10,93617%
Tax: From listing — annual tax of record.
Insurance: Direct coastal exposure — Florida hurricane corridor. Estimate; actual quote can be 30–50% higher on older homes or homes without wind mitigation.
Cash & qualification
- Cash at closing
- $2,093,605
- Income to qualify
- $2,810,000/yr
Credit-score impact
Improving from 740-759 to 760+ would save $576/mo and $207,185 over the life of this loan.
Over the life of the loan
- Total paid
- $17,140,182
- Total interest
- $9,980,182
- Paid off
- 2056
— Preferred lender
Talk numbers with someone who knows the market.
Vera Vita is not a lender and does not earn a referral fee on lender introductions. Rates, terms, and approval remain between you and your lender of choice.
