$36,000,000
Coral Gables, FL 33156
MLS# A11298165
Status: Closed
1 / 13
Property Description
A once in a generation opportunity to own one of South Florida’s premiere properties inside the gated and exclusive community of Gables Estates. This almost 2 acre property, with 200 feet of direct water frontage on Biscayne Bay, allows one to enjoy expansive and unobstructed views out to Key Biscayne, Stiltsville and the ocean. An additional 200 feet of seawall, on a private and protected waterway, is located in the back of the property to dock your yacht. Build your dream home or renovate the existing property. The possibilities… like the views…are endless. This is truly a one of a kind property that is rarely ever on the market.
Details
Maps
Documents
Contract Information
Comp Sale YN: No
Listing Date: 2022-11-03
Status: Closed
Original List Price: 45000000
Sold Price: $36,000,000
Current Price: $36,000,000
LP/Acre: 29220779.22
Location and Legal
Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 140
Street Name: Arvida
Street Suffix: Parkway
City Name: Coral Gables
Municipal Code: 3
State Or Province: FL
Postal Code: 33156
Postal Code +4: 2313
Postal Zip: 33156
Subdivision Name: GABLES ESTATES NO 3
Area: 2510
Elementary School: Sunset
Middle Or Junior School: Ponce De Leon
High School: Coral Gables
Parcel Number: 0351050020500
Subdivision Number: 2
Zoning: 0100
Flood Zone: AE,VE
Directions: Old Cutler Road to Gables Estates main entrance. Pass through gates and drive east on Arvida until you reach the property.
General Property Information
Property Sub Type: Unimproved Land
Number Of Lots: 1
Lot Size Acres: 1.54
Lot Size Square Feet: 67000
Lot Size Dimensions: 67000
Waterfront YN: 1
Water Frontage Feet: 200
Direction Faces: Northwest
LP/SqFt: 671.64
Status Change Information
Major Change Timestamp: 2023-08-23T21:17:19Z
Major Change Type: Status Change
Status Change Date: 2023-08-28
Under Contract Date: 2023-05-30
Close Date: 2023-08-23
Close Price: 36000000
Buyer Financing: Conventional
SP/Acre: 23376623.38
Boat and Dock Information
Dock: Yes
Buyer Details
Intended Use: Primary Residence
Buyer State: Florida
Zip Code: 33133
Concessions
Seller Concessions: No
Section Details
Parcel Number MLX: 0500
Financial Information
Tax Year: 2021
Tax Annual Amount: 97919
Tax Legal Description: 5 55 41 GABLES ESTS NO 3 PB 65-66 LOTS 5 & 5A BLK E LOT SIZE 67000 SQ FT OR 12237-2592 0784 1
Originating Details
Originating System Key: 375724386
Originating System ID: M00000151
Property Features
Current Use: Check Land Use Plan; Residential; Single Family
Development Status: Recorded Plat
Documents Available: Survey
Possession: Negotiable
Possible Use: Residential
Sewer: Public Sewer
Trees: Other
Boat and Dock Features: Private Dock
Listing Terms: Cash
Lot Features: Other
Water Access: No Fixed Bridge; Ocean Access
Water Source: Public
Water View: Direct Ocean; Ocean
Waterfront Features: Bayfront; Ocean Front; No Fixed Bridges
Showing Requirements: Call Listing Agent
Contingencies: None
Acreage Description: 1 To Less Than 2 Acre Lot
Survey 
Listing Office: Compass Florida, LLC
Last Updated: June - 07 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.