MAC FARLANE HOMESTEAD

117 Florida Ave, Coral Gables FL 33133

2 beds · 2 baths · 1,005 ft²

Closed

$895,000

10.05%

Est. Payment $4,764/mo

MLS Sheet Video

2

Bedrooms

2

Bathrooms

1,005

Sq. Ft.

2025

Year Built

50

Days on Market

Description

NEW CONSRUCTION! Brand new, never been lived in. In Coral Gables' historic MacFarlane Homestead a charming Bahamian Key West style home was required by the Coral Gables Historic Preservation Board to be precisely and faithfully duplicated in new construction, top to bottom in 2025. The exterior was required to match the original 1930's structure, but the interior is 2025 modern with open floor plan and brand-new kitchen and baths. The MacFarlane Homestead Historic District in Coral Gables is listed on the National Register of Historic Places and thus designated properties may qualify for federal and local tax credits. While this home does not qualify for historic tax credits because it is new construction according to the Coral Gables Historic Preservation Department, it does benefit from the tax breaks offered in the District (especially to investors who invest in income producing properties) which have brought about significant revitalization and investment to the area. This charming home offers 2 bedrooms and 2 baths, an open living room, eat-in kitchen, separate laundry room, impact windows/doors and a roomy open front porch. Prime Coral Gables location adjacent to the Metrorail station, Coral Gables business district, Merrick Park, Trader Joes and to the most popular Coconut Grove restaurant and shopping venues. This home offers the advantages of new construction with all the charm and character of an historic home with a Coral Gables address next door to Coconut Grove.

Facts

MLS#
A11947242
Subdivision
MAC FARLANE HOMESTEAD
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
2025
Lot Size
4,500 ft²
Sq. Ft.
1,005 ft²
Sq. Mt.
93 m²
Price per sq. ft.
$891/ft²
Price per sq. mt.
$9,624/m²
Stories
Garage
Pool
Days on Market
50 days
Listed
Jan 16, 2026
Last Updated
Mar 27, 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

May 2026

100/100
Buyers marketSellers market

47

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).

3/27/2026Sold$895,000
2/27/2026Price change$895,000-10.1%
1/16/2026Listed for sale$995,000

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

Location

117 Florida Ave, Coral Gables FL 33133Directions

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

$5,659/mo

Principal & Interest

$4,764

Property Tax

$746

Insurance

$150

HOA

$0

20% ($179,000)
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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