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318 Malaga Ave, Coral Gables FL 33134

Lots/Land Recently Sold
$7,250,000

BTC: 113.28125000

ETH: 4,152.34822451

Sold on: 2025-11-25
New
0 room(s)

Overview

The offering is comprised of (3) single-family homes totaling +/- 24,000 feet of land. The lot(s) assemblage allows 10-11, tri-level "rowhouse" homes. This development could deliver the Highest & Best Use as a luxury rowhouse in one of South Florida's most sought after areas. The lots benefit from favorable MF-2 zoning. There is also the possibility of up zoning to MX-1 consistent with the massive development across the street.

Location

Details

Type:
Land/Boat Docks
Parking:
No Data
Year Built:
No Data
Lot:
0.55 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$2,249,500
$985K – $14.2M
Confidence Low
List vs. estimate
$5.3M above estimate
List $7,500,000 · +233.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
6 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $957K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$6,980
2024
All facts and features
  • Lot

    • Lot: 0.55 Acres

    Other Property Information

    • Parcel Number: 03-41-17-005-8240

    • Zoning: 3801

  • Type and style

    • Property Type: Land/Boat Docks

    • Property Sub Type: Residential

  • Utility

    • Cable Connected

    • Electricity Connected

    • Natural Gas Connected

    • Irrigation Water

    • Sewer Connected

    • Water Connected

    • Cable Available

    • Electricity Available

    • Natural Gas Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $6,980

  • Source details

    • MLS ID: A11769487

    Other facts

    • Lot Features: Curb / Gutter / Other / Sidewalk / Street Lights

    • Direction Faces: North

    • Other Structures: Livable / Well Kept

    • Water Source: Municipal Water

    • Subdivision Name: CORAL GABLES CRAFTS SEC

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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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: RE/MAX 360 Real Estate