446 Madeira Ave
Coral Gables, FL 33134
$1,898,000
$1,588/ft²
About this home
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.
Property details
Listing
- MLS #
- A11936581
- Status
- For sale
- Listed on
- Jan 10, 2026
- Days on market
- 211 days
- Listing data updated
- Jul 10, 2026
Interior
- Beds
- 4
- Baths
- 4.5
- Living area
- 1,195 ft²
- Price per ft²
- $1,588/ft²
Building & community
- Type
- Single-family home
- Year built
- 2026
- County
- Miami-Dade
Lot & exterior
- Lot size
- 10,050 ft²
Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.
True monthly cost
- Mortgage (principal & interest)
- $9,597
- Property taxes (est.)
- $1,740
- Home insurance (est.)
- $600
- Flood insurance (est.)
- —
Estimated total$11,937*/mo
* Some cost lines aren't available yet for this listing; the total shown is incomplete.
Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.
Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.
What will this home really cost you?
Location
Mortgage calculator
$9,597/moEstimated principal & interest. Taxes, insurance, and HOA are not included. This is an estimate, not a quote or financial advice.
This listing is courtesy of JFA Realty Co.
Jose Lopez · 305-644-8880 · jlopez@jfarealtors.com · 305-644-8880
Data deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
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