Home in 446 Madeira Avenue, Coral Gables, FL 33134 for sale with MLS# A11936581

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.

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Days on the market

446 Madeira Avenue, Coral Gables, FL 33134

Price
Price:
$1,898,000.00
Original List Price:
$2,300,000.00
List Price per Sq Ft (Calculated, Approx.):
$1,588.28
Property Status and Type
Listing Type:
For Sale
Status:
Active Under Contract (An offer has been accepted, considering Backup Offers)
Contingency:
Active Under Contract
Listing Category:
Residential
Property Type:
Single Family House
Description of Last Important Update:
Status Change
Last Major Update on:
August 17, 2026 6:31 pm
Other Special Conditions:
Property Survey Available
Rooms Distribution
Bedrooms:
4
Bathrooms Total:
5
Full Bath:
4
Half Bath:
1
Room Type:
Other
Master Bedroom Bath:
Other
Measures
Living Area:
1,195 Sqft
Built-Up Area:
1,211 Sqft
Lot Features:
Oversized Lot
Lot Size Acres:
0.23
Property Features
View from the Property:
Other
Waterfront:
No
Private Pool
Swimming Pool Features:
In Ground
Appliances:
Other
Interior:
Other
Exterior:
Other
Windows:
Other
Air Conditioning
Air Conditioning System:
Other
Heating
Heating System:
Other
Property Entrance Faces:
South
Other Equipment:
Other
Construction
Year Built:
2026
Roof:
Other
Architectural Style:
Mediterranean
Levels:
Two
Construction Materials:
CBS
Flooring:
Other
Flood Zone Code:
X
Property Condition:
Under Construction
Taxes and Expenses
Tax Annual Amount:
$23,074.00
Tax Year:
2025
Property Tax Details:
Tax Reflects No Exemptions
Parking
Garage
Garage Spaces:
2
Covered Spaces:
2
Parking Features:
Garage, Attached, Attached Garage
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Available
Water Source:
Public
Community
Membership Details:
Other Membership Available, Golf Purchase
Pets Allowed?:
Yes, Dogs Ok
Amenities Provided by the Homeowner's Association (HOA):
Courtesy Bus, Pool, Tennis Court(s), Golf Course, Sidewalks, Street Lights
Subdivision Name:
CORAL GROVES
Senior Community:
Yes
Restrictions:
No Restrictions
Terms
Listing Terms Considered by Seller:
Conventional, Other
Buyer Possession:
Negotiable, Close Of Escrow
Zoning and Legal
Tax Legal Description:
CORAL GROVES PB 15-72 LOT 1 & E1/2 OF THAT PORT OF HERNANDO ST LYG W & ADJ THERETO CLOSED PER ORD 2371 BLK-6 LOT SIZE 75.00 X 134 COC 23305-
Real Estate Folio Number (Parcel Number):
0341080030870
Zoning:
0100
Public Schools Assigned
Elementary School:
Laurel Nokomis Elementary
High School:
Coral Gables
Listing History
Active on the market since:
January 10, 2026
Listing Agreement executed on:
January 10, 2026
Purchase Contract Date:
August 15, 2026
Price change occurred on:
July 10, 2026 9:52 pm
Listing Status Last Changed On:
August 17, 2026 6:31 pm
Photos updated on:
August 17, 2026 6:36 pm
Last Modified:
August 17, 2026 6:36 pm
Additional Information
Courtesy of:
JFA Realty Co
Attribution:
Not provided
Location
Street Name:
Madeira
Street Number:
446
City:
Coral Gables
State:
Florida
Zip Code:
33134
County:
Miami-Dade
Latitude:
N25° 45' 19.2''
Longitude:
W81° 44' 6.5''
Street Suffix:
Avenue
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $92,009
Median Home Value $660,200
Median Rent $1,818/mo
Median Age 46
Population 36,937

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 35 Good
☀️ O3 35 Good
🫁 PM2.5 35 Good
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Ver la Propiedad Ver la propiedad 446 Madeira Avenue, Coral Gables, FL 33134
Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.