CORAL GROVES

446 Madeira Ave, Coral Gables FL 33134

4 beds · 4.5 baths · 1,195 ft²

For Sale · Active Listing

$1,995,000

13.26%

Est. Payment $10,618/mo

MLS Sheet Video

4

Bedrooms

4.5

Bathrooms

1,195

Sq. Ft.

2026

Year Built

2

Garage

165

Days on Market

Description

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.

Facts

MLS#
A11936581
Subdivision
CORAL GROVES
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
2026
Lot Size
10,050 ft²
Sq. Ft.
1,195 ft²
Sq. Mt.
111 m²
Price per sq. ft.
$1,669/ft²
Price per sq. mt.
$17,973/m²
Stories
Garage
2 spaces
Pool
Days on Market
165 days
Listed
Jan 10, 2026
Last Updated
Jun 24, 2026
Price/Lot Sq.Ft.
$199/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Coral Gables

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

July 2026

100/100
Buyers marketSellers market

36

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

5/21/2026Price change$1,995,000-13.3%
1/10/2026Listed for sale$2,300,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

446 Madeira Ave, Coral Gables FL 33134Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$12,431/mo

Principal & Interest

$10,618

Property Tax

$1,663

Insurance

$150

HOA

$0

20% ($399,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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