446 Madeira Ave, Coral Gables, FL 33134

$1,898,000
4
BD
5
BA
1,195
SqFt

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List Price
$1,898,000
Price Change
▼ $97,000 1783734932
MLS#
A11936581
Subdivision
Coral Groves
Status
ACTIVE
Type
Single Family Residential
Bedrooms
4
Full baths
4
Half baths
1
Living Area
1,195

Property 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.

Additional Information

Days on Market
198
View
Other
Tax Amount
$23,074
Pool
Yes
Parcel Number
03-41-08-003-0870
Pool Description
In Ground
#Garage Spaces
2
Bedroom Description
Other
Front Exposure
South
Special Information
Under Construction
Lot Size
10,050
Exterior Features
Other
Parking Restrictions
None
Pet Restrictions
Dogs OK
Pets Allowed
Yes
Address
446 Madeira Ave, Coral Gables
Elementary School
Sunset
SqFt Liv Area
1,195
Year Built
2026
Design
Detached, Mediterranean
Development Name
Coral Groves
Style
Pool Only, House
Middle School
Ponce De Leon
Senior High School
Coral Gables
Restrictions
No Restrictions
Construction Type
CBS Construction
Interior Features
Other
Section
8

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Listing Courtesy of JFA Realty Co, Contact: