GABLES ESTATES NO 3

585 Arvida Pkwy, Coral Gables FL 33156

6 beds · 6.5 baths · 9,236 ft²

For Sale · Active Listing

$27,500,000

Est. Payment $146,367/mo

MLS Sheet Video

6

Bedrooms

6.5

Bathrooms

9,236

Sq. Ft.

1998

Year Built

4

Garage

19

Days on Market

Description

Spectacular waterfront estate in the exclusive, guard-gated community of Gables Estates, offering 9,236 SF under air and 12,102 total, on beautifully landscaped grounds. With 6 bedrooms, 6 full baths, and 2 half baths, this residence blends timeless Dutch and Island-inspired architecture with refined luxury. Designed with distinct east and west wings, the home features double-height ceilings, an elegant Connemara marble staircase, marble and wood floors, and grand living and formal dining rooms. The chef’s kitchen is equipped with Gaggenau appliances, Sub-Zero refrigeration, custom cabinetry, and a spacious island with seating, opening to a bright breakfast area and family room. Additional highlights include a library with custom millwork, two fireplaces, elevator, and advanced home systems. The private main suite offers a serene retreat with terrace access, dual walk-in closets, and a luxurious marble bath featuring a long mirrored vanity, Jacuzzi, and multi-jet shower. Outdoors, enjoy 180 feet of waterfront with a 20,000 lb boat lift and direct, no-bridge access to Biscayne Bay. Covered terraces overlook the pool and manicured gardens, complemented by a 4-car garage and expansive driveway—an exceptional waterfront offering where elegance meets effortless coastal living.

Facts

MLS#
A11994078
Subdivision
GABLES ESTATES NO 3
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
1998
Lot Size
45,000 ft²
Sq. Ft.
9,236 ft²
Sq. Mt.
858 m²
Price per sq. ft.
$2,977/ft²
Price per sq. mt.
$32,051/m²
Stories
Garage
4 spaces
Pool
Days on Market
19 days
Listed
Apr 15, 2026
Last Updated
May 4, 2026
Price/Lot Sq.Ft.
$611/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

48

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).

4/15/2026Listed for sale$27,500,000

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

Location

585 Arvida Pkwy, Coral Gables FL 33156Directions

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

$169,433/mo

Principal & Interest

$146,367

Property Tax

$22,917

Insurance

$150

HOA

$0

20% ($5,500,000)
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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