Basic Information

  • Type Single Family Home
  • Subdivision/Complex Coral Groves
  • Year Built 2026
  • Total Sqft 10,050
  • Date Listed 01/10/2026
  • Days on Market 184
Description

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.

Exterior Features

  • Waterfront No
  • Parking Spaces 2
  • Pool Yes
  • Parking Description Attached, Garage, None
  • Exterior Features Other

Interior Features

  • Adjusted Sqft 1,195Sq.Ft
  • Interior Features Other
  • Sqft 1,195 Sq.Ft

Property Features

  • Aprox. Lot Size 10,050
  • Furnished Info No
  • Lot Description Oversized Lot, Less Than Quarter Acre
  • Short Sale Regular Sale
  • HOA Fees N/A
  • Subdivision Complex
  • Subdivision Info Coral Groves
  • Tax Amount $23,074
  • Tax Year 2025

446 Madeira Ave

Coral Gables, FL 33134

The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: JFA Realty Co. tel: 305-644-8880

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