$5,999,999

$1254/sq ft

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Overview

Bedroom

5

Bath

4

Year Built

1982

Garage

2

Sqft

4785

Property Type

Single Family Residence

Property Description

Located within the prestigious Islands of Cocoplum community in Coral Gables, the waterfront property represents a prime redevelopment opportunity. The existing residence is being offered for land value, providing developers or end users the chance to build a custom estate in one of South Florida’s most exclusive waterfront enclaves. Walking distance to private Clubhouse and amenities (tennis courts, basketball court, volleyball court, fitness center, playground and swimming pool). One time membership fee for new owners of $50,000.00. This sale is in connection with a Bankruptcy sale and is subject to court approval. The property is being sold “As-Is, Where-Is” with no representations, warranties, or guarantees of any kind, whether expressed or implied, by Trustee Realty. Buyers are responsible for conducting their own independent due diligence. Listing is subject to errors and omissions.

Property Details

MLS#

A12022575

Garage

2

Address

7244 Lago Dr E

City

Coral Gables

State/county

FL

Zip/Postal Code

33143

Area

Cocoplum Sec 2 Plat B

Country

United States

HOA

Yes

Assoc Fee

$1,800

Assoc Fee Pd

Quarterly

Tax Amount

$26,466

Maint Fee

$--

Tax Year

2025

Other Equipment/Appliances

Canal

Direct Ocean

Pool

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Boris Gelfand