Unimproved Land in 9340 Balada Street, Coral Gables, FL 33156 for sale with MLS# A12088176

Rare opportunity to build a landmark waterfront estate at 9340 Balada Street, within Old Cutler Bay, one of Coral Gables' most coveted gated waterfront communities. Set on an expansive 22,400 SF lot, this exceptional property offers a new seawall, deep water, direct ocean access with no bridges, and the ability to accommodate an approximately 100-foot yacht. The wide bay directly in front provides exceptional maneuvering room, allowing a large vessel to turn with ease. Offered with approved permits and shovel-ready plans by renowned South Florida architect Ramon Pacheco, AIA, of Pacheco Architecture, whose portfolio includes distinguished luxury residences throughout Coral Gables, Gables Estates, Cocoplum and other premier South Florida communities. The proposed two-story residence features approximately 7,845 SF of A/C living area, expansive terraces, pool and sophisticated indoor-outdoor living. Old Cutler Bay is prized for its privacy, security, mature landscaping, substantial waterfront estates and exceptional boating lifestyle, with direct access to Biscayne Bay. Minutes from the best of Coral Gables while offering the tranquility of a private waterfront enclave. Property is vacant land; residence shown in plans/renderings does not exist. A rare combination of land, architecture and world-class boating access.

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9340 Balada Street, Coral Gables, FL 33156

Price
Price:
$16,500,000.00
Original List Price:
$16,500,000.00
List Price per Sq Ft (Calculated, Approx.):
$736.94
List Price per Sq Ft (Calculated, Approx.):
$736.61
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Land
Property Type:
Unimproved Land
Description of Last Important Update:
New Listing
Last Major Update on:
September 15, 2026 4:00 am
Measures
Lot Size Dimensions and Info:
22400
Lot Features:
Build To Suit
Lot Size Acres:
0.514
Number of Lots:
1
Property Features
View from the Property:
Canal, Lagoon
Waterfront:
Yes
Waterfront Features:
Canal Front, Seawall, No Fixed Bridges, No Fixed Bridge
Frontage Length:
135
Current Use:
Other, Single Family, Residential
Boat and Dock Features:
Private Dock, Electric Available
Boat Dock Accommodates:
Up To 100 Ft Boat
Property Entrance Faces:
South
Construction
Road Frontage Type:
Public Road
Flood Zone Code:
AE
Taxes and Expenses
Tax Annual Amount:
$109,353.00
Tax Year:
2025
Community
Subdivision Name:
OLD CUTLER BAY SEC 2
Senior Community:
No
Development Status:
Recorded Plat
Community Dock
Terms
Documents Available:
Plans
Listing Terms Considered by Seller:
Cash
Buyer Possession:
Negotiable
Zoning and Legal
Tax Legal Description:
OLD CUTLER BAY SEC 2 PB 80-35 LOT 11 BLK 1 LOT SIZE 22400 SQ FT COC 24231-1796 01 2006 5
Real Estate Folio Number (Parcel Number):
0351050060100
Zoning:
0100
Public Schools Assigned
Elementary School:
Shenandoah
High School:
Coral Gables
Middle Or Junior School:
Ponce De Leon
Listing History
Active on the market since:
September 14, 2026
Listing Agreement executed on:
September 15, 2026
Listing Status Last Changed On:
September 15, 2026 4:00 am
Photos updated on:
November 3, 2026 1:27 pm
Last Modified:
November 3, 2026 1:28 pm
Additional Information
Courtesy of:
Fortune Christie's Intl R.E.
Attribution:
Not provided
Road Surface Type:
Paved
Location
Street Name:
Balada
Street Number:
9340
City:
Coral Gables
State:
Florida
Zip Code:
33156
County:
Miami-Dade
Latitude:
N25° 41' 3.6''
Longitude:
W81° 43' 55.6''
Street Suffix:
Street
Property Map

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Neighborhood Stats

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

Median Household Income $134,720
Median Home Value $1,063,100
Median Rent $1,936/mo
Median Age 42
Population 32,708
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Association of REALTORS®
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