$17,500,000

Estimated payment $116,286/month

Total Views 7,383
0.8 Acre
$21,875,000 Price per Acre
34,848 Sq Ft Lot

Highlights

  • Hot Property
  • Property has ocean access
  • Property Fronts a Bay or Harbor
  • Sunset Elementary School Rated A
  • Private Dock
  • Gated Community

About This Lot

Nestled within the ultra-exclusive, guard-gated community of Gables Estates, this nearly 1-acre waterfront lot presents a rare opportunity to build a custom dream estate. Boasting 175 feet of water frontage, this prime parcel is a haven for yachting enthusiasts. Surrounded by lush landscaping & multi-million-dollar estates, it offers the perfect blend of privacy, security, & prestige in one of Coral Gables’ most sought-after neighborhoods. Exceptional security ensures peace of mind, with 24/7 armed guards stationed at all entrances. The Coral Gables Police Department provides continuous land & water patrols. Ideally situated, Gables Estates is just a short drive from Miami’s premier dining, shopping, & cultural destinations. The community is also moments from Miami’s top private schools.

Listing Agent

Derek Varona

Sea Grove Realty License #3245277

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $223,338

Year Built

  • 1987

Lot Details

  • 0.8 Acre Lot
  • 175 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • Cul-De-Sac
  • West Facing Home
  • Landscaped with Trees
  • Property is zoned 0100

Additional Features

  • Bay Views
  • City Lot
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 03-41-32-019-0670

Community Details

Overview

  • Gables Estates No 2 Condos
  • Gables Estates No 2,Gables Estates Subdivision
  • Mandatory Home Owners Association

Recreation

  • Tennis Courts
  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Private Dock

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$223,338

Year Built

1987

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Road Frontage Type: Bay
  • Horses: No
  • Inclusions: Other,Private Dock,Unrestricted Salt Water Access, Over 101 Ft Boat,Private Dock
  • Lot Size Acres: 0.8
  • New Construction: No
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Structure Type: Residential
  • Subdivision Name: GABLES ESTATES NO 2,GABLES ESTATES
  • Special Features: VirtualTour
  • Year Built: 1987

Exterior Features

  • View: Bay View, Other Water View
  • Direction Faces: West
  • Lot Features: City Location, Cul-De-Sac Location, 3/4 To Less Than 1 Acre Lot, Other
  • Other Structures: Run Down
  • Pool Private: No
  • View: Yes
  • Waterfront Features: No Fixed Bridges, Ocean Access, Seawall
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: GABLES ESTATES NO 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Utilities: Electricity Connected, Other Utilities Available, Sewer Connected, Water Connected, Cable Available, Electricity Available, Other, Sewer Available, Trash Removal, Water Available

Condo/Co-op/Association

  • Association: No
  • Community Features: Buyer Approval Required, Tennis Court(s), Gated Community, Mandatory Hoa

Lot Info

  • Parcel Number: 03-41-32-019-0670
  • Additional Parcels: No
  • Current Use: Residential, Other Usage
  • Development Status: Other
  • Lot Size Sq Ft: 38762
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 223338

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $55,865 $12,266,009 $10,397,906 $1,868,103
2023 $55,865 $3,037,239 $0 $0
2022 $154,066 $8,204,927 $0 $0
2021 $140,416 $7,459,025 $6,240,682 $1,218,343
2020 $52,574 $2,823,363 $0 $0
2019 $51,507 $2,759,886 $0 $0
2018 $49,351 $2,708,426 $0 $0
2017 $48,950 $2,652,719 $0 $0
2016 $48,909 $2,598,158 $0 $0
2015 $49,493 $2,580,098 $0 $0
2014 $50,167 $2,559,622 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2025 04/08/25 For Sale $17,500,000 0.0% --
04/01/2025 04/01/25 For Sale $17,500,000 -- $2,597 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Source: Public Records

About the Listing Agent

Derek Varona

Sea Grove Realty

(786) 244-2491

Section Image

Derek is one of the co-founders of Sea Grove Realty. Derek's diligence, trustworthy personality and analytical background are critical to Sea Grove Realty's ability to serve its clients.

Prior to founding Sea Grove Realty, Derek worked in a client service role as a CPA at Deloitte, the largest professional services firm in the world. Upon graduating from Loyola University Chicago, Derek joined Deloitte's Chicago office in its tax function. As a member of the client service team, Derek

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Source: MIAMI REALTORS® MLS

MLS Number: A11774848

MIAMI REALTORS® MLS

APN: 03-4132-019-0670