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Active Single Family Residence
$1,898,000 ↓ −$402,000 (17.5%)
446 Madeira Ave, Coral Gables FL 33134, Coral Gables, FL 33134
4 Beds
Bedrooms
5 Baths
Bathrooms
1,195 sqft
Living Area
2026
Year Built

About This Property

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.

Property Details

Property Type Single Family Residence
Days on Market 181 days
HOA Fee None
Parking — spaces
Pool No
Waterfront No
Community CORAL GROVES
Pets Allowed Dogs OK

Assigned Schools

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School Grades Address Report Card
Coral Gables Preparatory Academy
Elementary 305-448-1731
PK-8
105 Minorca Avenue, Coral Gables, FL 33134
Ponce de Leon Middle
Middle 305-661-1611
6-8
5801 Augusto St., Coral Gables, FL 33146
Coral Gables Senior High
High School 305-443-4871
9-12
450 Bird Rd., Coral Gables, FL 33146

Source: County GIS attendance zone boundaries. Assignments are based on property location and may change. Use Miami-Dade County Public Schools's official locator to confirm.

Location

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Dayron Crespo
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