Price Reduced 17.48%
Price History
$2,300,000
1/10/2026
$2,195,000
4/18/2026
$1,995,000
5/21/2026
$1,898,000
7/10/2026
446 Madeira Avenue, Coral Gables, FL, 33134
1 rooms
4 beds
4 Full / 1 Half baths
2026
Mediterranean
1,195 sqft
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.
Status:
Active
Type:
Single-family residential
Zoning:
0100
Subdivision:
CORAL GROVES
Garage:
2-car Detached
Heating:
Other
Cooling:
Other
Parking:
Garage, Attached Garage, Attached
Acreage:
0.23
Est. Taxes:
$23,074
Construction
CBS
Utilities
Cable Available
Lot Description:
Oversized Lot
View Description:
Other
Adult Communities:
Yes
Amenities:
Golf Course, Pool, Tennis Court(s), Courtesy Bus, Sidewalks, Street Lights
Elementary School:
Coral Gables Preparatory Academy
High School:
Coral Gables
Days on Market:
181
Pet Policy:
Yes, Dogs OK
Appliances:
Other
Pool:
In Ground
MLS #:
A11936581
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of JFA Realty Co 305-644-8880