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Exceptional opportunity in the heart of Coral Gables to build a one-of-a-kind luxury residence on a prime 10,050 SF lot. Offered at a newly reduced price for a quick sale, this property includes plans for a thoughtfully designed 4,605 SF two-story Mediterranean-inspired home featuring elegant indoor-outdoor living, a chef's kitchen, expansive living and dining areas, luxurious primary suite, guest accommodations, covered terrace, custom BBQ area, and resort-style pool. The most significant milestone has already been secured: approval by the Coral Gables Board of Engineers, a critical step that can save substantial time, cost, and uncertainty. The project is advancing through permitting and is believed to be nearing final Master Permit approval. Property is being sold AS-IS, and Buyer will be responsible for completing all remaining permits and approvals after closing. Ideal for investors, builders, or end-users seeking to create a custom luxury residence. Seller may also be available to build the project under a separate agreement. Located on a picturesque tree-lined street near Miracle Mile, Merrick Park, fine dining, golf, parks, and top-rated schools. Opportunities with Board of Engineers approval already secured are rare and provide a valuable head start in the development process. A unique chance to create a signature residence in one of South Florida's most prestigious communities.
| DAYS ON MARKET | 172 | LAST UPDATED | 5/21/2026 |
|---|---|---|---|
| TRACT | CORAL GROVES | YEAR BUILT | 2026 |
| COMMUNITY | 41 | GARAGE SPACES | 2.0 |
| COUNTY | Miami-Dade | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Sunset |
|---|---|
| Jr. High School | Ponce De Leon |
| High School | Coral Gables |
| PRICE HISTORY | |
| Prior to Apr 18, '26 | $2,300,000 |
|---|---|
| Apr 18, '26 - May 21, '26 | $2,195,000 |
| May 21, '26 - Today | $1,995,000 |
| ADDITIONAL DETAILS | |
| AIR | Other |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Other |
| AREA | 41 |
| CONSTRUCTION | BLOCK |
| EXTERIOR | Other |
| GARAGE | Attached Garage, Yes |
| HEAT | Other |
| INTERIOR | Other |
| LOT | 10050 acre(s) |
| LOT DIMENSIONS | 10050 |
| PARKING | Attached, Garage, None |
| POOL DESCRIPTION | In Ground, Community |
| SEWER | Public Sewer |
| STYLE | Detached, Mediterranean |
| SUBDIVISION | CORAL GROVES |
| TAXES | 23074 |
| UTILITIES | Cable Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Other |
| WATER | Public |
| ZONING | 0100 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with JFA Realty Co
The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors Regional MLS and is provided here for consumers personal, non-commercial use, It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real Estate listings held by brokerage firms other than the office owning this web site are marked. Data provided is deemed reliable but not guaranteed.
This IDX solution is (c) Diverse Solutions 2026.
