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1228 Alhambra Cir, Coral Gables FL 33134

House Active With Contract
$5,699,000

BTC: 87.43479595

ETH: 2,995.31177732

-$296K (2026/07/15)
77 days
6 bds
4 ba
4,319 sqft

Overview

On a vast, park-like half-acre-plus property, this venerable, classic "Old Spanish" style villa—designed by Alexander Dentman and greatly expanded in 1929 by Phineas Paist—offers preserved original charm and character in perfect harmony with its recent professional updating. There is a main two-story residence and a lavish 2-bedroom, two-bath separate guest house. Both structures are fully renovated with impact windows, new bathrooms, chef's kitchen with 6 burner Viking gas range and brand-new Sub-zero refrigerator, new 37' long pool, new landscaping and more. Phineas Paist (1873–1937) was the supervising architect for the Coral Gables Corporation and is credited with shaping the aesthetic identity of Coral Gables, Florida. He was a master of the Mediterranean Revival style, often collaborating with artists like Denman Fink to create iconic public spaces and landmarks. His portfolio includes some of the most recognizable structures in South Florida, many of which are listed on the National Register of Historic Places including Villa Vizcaya, Coral Gables City Hall, Venetian Pool, The Colonnade Building, the Old United States Courthouse and Douglas Entrance. This walled and gated close to 5000 square foot home has 6 bedrooms and 4.5 baths and is located close to The Coral Gables Country Club, Granada Golf Course, the Venetian Pool and is just a 15-minute Uber ride to Miami International Airport.

Location

Florida • Coral Gables • 33134 • House • Active With Contract

Details

Type:
Residential
Parking:
Attached Carport / Covered / Guest
Year Built:
1927
Lot:
22500 Square Feet
Heating:
Central / Electric
Price/sqft:
$1,320
Cooling:
Central Air / Electric
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$3,475,000
$2.4M – $4.8M
Confidence Low
List vs. estimate
$2.2M above estimate
List $5,699,000 · +64.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,319
+9.4% vs. city median $1,206
Based on
5 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $2.0M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$68,632
2025
Pool
In Ground
View
Pool
All facts and features

  • Flooring

    • Tile

    • Wood

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Electric

    Appliances

    • Dishwasher

    • Dryer

    • Gas Range

    • Refrigerator

    • Washer

    Other interior features

    • French Doors

    • Walk-In Closet(s)

    • Cottage

    • Family Room

    • Separate Guest/In-Law Quarters

    • Maid/In-Law Quarters

    Bedrooms and bathrooms

    • Bedrooms: 6

    • Bathrooms: 1

    • Full bathrooms: 4

  • Parking

    • Attached Carport

    • Covered

    • Guest

    Property

    • Exterior Features: Lighting

    Lot

    • Lot: 22500 Square Feet

    Other Property Information

    • Parcel Number: 03-41-07-016-0500

    • Zoning: 0100

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Other financial information

    • Annual tax amount: $68,632

  • Source details

    • MLS ID: A12008977

    Other facts

    • Construction Materials: Concrete Block Construction

    • Fireplace Features: Fireplace

    • Lot Features: 1/2 To Less Than 3/4 Acre Lot

    • Pool Features: In Ground

    • Window Features: Complete Impact Glass / High Impact Windows / Impact Glass

    • Direction Faces: North

    • Other Structures: Guest House

    • Architectural Style: Detached / Two Story / Old Spanish

    • Fireplace: Yes

    • Living Area: 4319

    • Water Source: Municipal Water

    • Lot Size Dimensions: 150x150

    • Subdivision Name: CORAL GABLES SEC E

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
33134
234
median $1.2M
Active
Same city
Coral Gables
356
median $2.1M
Active
Same type
House
154
median $3.9M
Active
Similar price
$4.0M – $7.4M
50
median $5.5M
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: Coldwell Banker Realty