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.
446 Madeira Avenue, Coral Gables, FL 33134
- Price:
- $1,898,000.00
- Original List Price:
- $2,300,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $1,588.28
- 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
- Bedrooms:
- 4
- Bathrooms Total:
- 5
- Full Bath:
- 4
- Half Bath:
- 1
- Room Type:
- Other
- Master Bedroom Bath:
- Other
- Living Area:
- 1,195 Sqft
- Built-Up Area:
- 1,211 Sqft
- Lot Features:
- Oversized Lot
- Lot Size Acres:
- 0.23
- 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
- Year Built:
- 2026
- Roof:
- Other
- Architectural Style:
- Mediterranean
- Levels:
- Two
- Construction Materials:
- CBS
- Flooring:
- Other
- Flood Zone Code:
- X
- Property Condition:
- Under Construction
- Tax Annual Amount:
- $23,074.00
- Tax Year:
- 2025
- Property Tax Details:
- Tax Reflects No Exemptions
- Garage
- Garage Spaces:
- 2
- Covered Spaces:
- 2
- Parking Features:
- Garage, Attached, Attached Garage
- Sewer:
- Public Sewer
- Utilities Available:
- Cable Available
- Water Source:
- Public
- 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
- Listing Terms Considered by Seller:
- Conventional, Other
- Buyer Possession:
- Negotiable, Close Of Escrow
- 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
- Elementary School:
- Laurel Nokomis Elementary
- High School:
- Coral Gables
- 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
- Courtesy of:
- JFA Realty Co
- Attribution:
- Not provided
- 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

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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
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