C GAB RIVIERA SEC 10
421 Luenga Ave, Coral Gables FL 33146
3 beds · 2 baths · 1,760 ft²
$3,000,000
Est. Payment $15,967/mo
3
Bedrooms
2
Bathrooms
1,760
Sq. Ft.
1950
Year Built
2
Garage
7
Days on Market
Description
RARE CORAL GABLES DEVELOPMENT OPPORTUNITY on an expansive and DEEP 12,500 SF lot (100' Wide x 125' Deep) in the highly desirable Riviera section, just minutes from Coconut Grove. An exceptional opportunity to build a custom residence in an established neighborhood surrounded by significant new construction and luxury homes, with a brand new luxury home being constructed directly across the street. Ideally located near Coconut Grove, South Miami and the heart of Coral Gables, with many of Miami's most sought-after private schools nearby, including Ransom, Carrollton, Gulliver and St. Hugh. The existing residence is remodeled and livable. Of particular value, the oversized heated pool and spa were completely rebuilt 4 years ago and are positioned toward the rear of the property, allowing the potential to incorporate it into a new construction plan. A compelling opportunity for a developer, builder or end user seeking a substantial Coral Gables lot in an exceptional location. Property offered AS IS. All measurements, development potential, zoning and school assignments to be independently verified by buyer. Please do not walk property without an appointment.
Facts
- MLS#
- A12092750
- Subdivision
- C GAB RIVIERA SEC 10
- Property Type
- Residential
- Property Sub Type
- Single Family Residence
- Year Built
- 1950
- Lot Size
- 12,500 ft²
- Sq. Ft.
- 1,760 ft²
- Sq. Mt.
- 164 m²
- Price per sq. ft.
- $1,705/ft²
- Price per sq. mt.
- $18,293/m²
- Stories
- —
- Garage
- 2 spaces
- Pool
- —
- Days on Market
- 7 days
- Listed
- Sep 21, 2026
- Last Updated
- Sep 28, 2026
- Price/Lot Sq.Ft.
- $240/ft²
Comparable homes
Same ZIP, similar price + bedrooms.
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$3,200,000
3 bd · 3 ba · 1,980 sqft
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4 bd · 3 ba · 3,080 sqft
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SOLD$3,340,000
3 bd · 3 ba · 2,017 sqft
5308 Riviera Dr, Coral Gables FL 33146
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4 bd · 3 ba · 2,906 sqft
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449 Miller Rd, Coral Gables FL 33146
Market insights for Coral Gables
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
September 2026
31
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).
| 9/21/2026 | Listed for sale | $3,000,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
Estimated Monthly Payment
$18,617/mo
Principal & Interest
$15,967
Property Tax
$2,500
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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