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7244 E Lago Dr, Coral Gables FL 33143

House For Sale
$5,999,999

BTC: 93.47305584

ETH: 3,403.40510738

31 days
Waterfront
5 bds
4 ba
4,785 sqft

Overview

Located within the prestigious Islands of Cocoplum community in Coral Gables, the waterfront property represents a prime redevelopment opportunity. The existing residence is being offered for land value, providing developers or end users the chance to build a custom estate in one of South Florida’s most exclusive waterfront enclaves. Walking distance to private Clubhouse and amenities (tennis courts, basketball court, volleyball court, fitness center, playground and swimming pool). One time membership fee for new owners of $50,000.00. This sale is in connection with a Bankruptcy sale and is subject to court approval. The property is being sold “As-Is, Where-Is” with no representations, warranties, or guarantees of any kind, whether expressed or implied, by Trustee Realty. Buyers are responsible for conducting their own independent due diligence. Listing is subject to errors and omissions.

Location

Florida • Coral Gables • 33143 • House • For Sale • Waterfront

Details

Type:
Residential
Parking:
Circular Driveway / Driveway
Year Built:
1982
Lot:
14700 Square Feet
Heating:
Electric
Price/sqft:
$1,254
Cooling:
Electric
HOA:
$1,800

Valuation

Our model vs. what's actually selling nearby.
Estimate
$5,999,999
$3.0M – $10.1M
Confidence Low
List vs. estimate
At estimate
List $5,999,999 · +0.0%
List is in line with recent comparable activity.
Price per sq ft
$1,253
+4.3% vs. city median $1,201
Based on
5 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $830K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$26,466
2025
HOA
$1,800/qtr
Pool
In Ground
View
Canal, Direct Ocean
Waterfront
Ocean Access, Canal Width 121 Feet Or More
Garage
2 car garage
All facts and features

  • Flooring

    • Other

    Heating

    • Electric

    Cooling

    • Electric

    Appliances

    • Other Equipment/Appliances

    Other interior features

    • First Floor Entry

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 5

    • Full bathrooms: 4

  • Parking

    • Circular Driveway

    • Driveway

    Property

    • Exterior Features: Other

    Lot

    • Lot: 14700 Square Feet

    Other Property Information

    • Parcel Number: 03-41-32-025-0220

    • Zoning: 0100

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Other financial information

    • HOA: $1,800

    • HOA Frequency: Quarterly

    • Annual tax amount: $26,466

  • Source details

    • MLS ID: A12022575

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot

    • Patio And Porch Features: Patio

    • Pool Features: In Ground

    • Direction Faces: Northeast

    • Architectural Style: Detached / Two Story

    • Waterfront: Yes

    • Garage Spaces: 2

    • Garage: Yes

    • Living Area: 4785

    • Water Source: Municipal Water

    • Subdivision Name: COCOPLUM SEC 2 PLAT B

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33143
190
median $1.4M
Active
Same city
Coral Gables
357
median $2.4M
Active
Same type
House
165
median $4.0M
Active
Similar price
$4.2M – $7.8M
50
median $5.8M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Trustee Realty Inc.