446 Madeira Ave, Coral Gables FL 33134

For sale Days on market 181

CORAL GROVES [ Single Family Residence ]

$1,898,000

$1588/sq ft

$402,000
Price Decreased

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Overview

Bedroom

Bath

Year Built

2026

Garage

Sqft

1195

Property Type

Single Family Residence

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.

Property Details

MLS#

A11936581

Garage

Building

CORAL GROVES

Address

446 Madeira Ave

City

Coral Gables

State/county

Zip/Postal Code

33134

Area

Coral Groves

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$23,074

Maint Fee

$--

Tax Year

2025

Other Equipment/Appliances

Other

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