CORAL GROVES
446 Madeira Ave, Coral Gables FL 33134
4 beds · 4.5 baths · 1,195 ft²
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
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Market insights for Coral Gables
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
July 2026
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).
| 5/21/2026 | Price change | $1,995,000-13.3% |
| 1/10/2026 | Listed 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
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Spanish River High Adult EducationUG · public · 0.3 mi
Spanish River Community High SchoolPK,6,7,8,9,10,11,12 · public · 0.3 mi
Spanish River Christian SchoolPK,KG,1,2,3,4,5,6,7,8 · private · 0.4 mi
Omni Middle School6,7,8 · public · 0.5 mi
Addison AcademyPK,KG,1,2 · private · 1.0 mi
Calusa Elementary SchoolPK,KG,1,2,3,4,5 · public · 1.1 mi
St. Andrew's SchoolPK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.1 mi
Pope John Paul II High School9,10,11,12 · private · 1.2 mi
The Harid Conservatory9,10,11,12 · private · 1.3 mi
Don Estridge High Tech Middle School6,7,8 · public · 1.5 mi
Estimated Monthly Payment
$12,431/mo
Principal & Interest
$10,618
Property Tax
$1,663
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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