C GAB RIVIERA SEC 10

421 Luenga Ave, Coral Gables FL 33146

3 beds · 2 baths · 1,760 ft²

For Sale · Active Listing

$3,000,000

Est. Payment $15,967/mo

MLS Sheet Video

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.

Market insights for Coral Gables

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

Sellers market

September 2026

100/100
Buyers marketSellers market

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).

9/21/2026Listed 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

421 Luenga Ave, Coral Gables FL 33146Directions

Estimated Monthly Payment

$18,617/mo

Principal & Interest

$15,967

Property Tax

$2,500

Insurance

$150

HOA

$0

20% ($600,000)
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

Hablo Español

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