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446 Madeira Ave, Coral Gables FL 33134

House For Sale
$1,995,000

BTC: 31.81818182

ETH: 1,251.02684534

-$305K (2026/05/21)
179 days
4 bds
4 ba
1,195 sqft

Overview

Exceptional opportunity in the heart of Coral Gables to build a one-of-a-kind luxury residence on a prime 10,050 SF lot. Offered at a newly reduced price for a quick sale, this property includes plans for a thoughtfully designed 4,605 SF two-story Mediterranean-inspired home featuring elegant indoor-outdoor living, a chef's kitchen, expansive living and dining areas, luxurious primary suite, guest accommodations, covered terrace, custom BBQ area, and resort-style pool. The most significant milestone has already been secured: approval by the Coral Gables Board of Engineers, a critical step that can save substantial time, cost, and uncertainty. The project is advancing through permitting and is believed to be nearing final Master Permit approval. Property is being sold AS-IS, and Buyer will be responsible for completing all remaining permits and approvals after closing. Ideal for investors, builders, or end-users seeking to create a custom luxury residence. Seller may also be available to build the project under a separate agreement. Located on a picturesque tree-lined street near Miracle Mile, Merrick Park, fine dining, golf, parks, and top-rated schools. Opportunities with Board of Engineers approval already secured are rare and provide a valuable head start in the development process. A unique chance to create a signature residence in one of South Florida's most prestigious communities.

Location

Details

Type:
Residential
Parking:
None
Year Built:
2026
Lot:
10050 Square Feet
Heating:
Other
Price/sqft:
$1,669
Cooling:
Other
HOA:
No Data

Valuation

Recent sales nearby
30 public-records sales within 0.5 mi
Median actual sale: $960K
Not enough MLS comparables for a model estimate on this property. Public-records data shown instead.

Highlights

Annual tax
$23,074
2025
Pool
In Ground
View
Other
Garage
2 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Other

    Heating

    • Other

    Cooling

    • Other

    Appliances

    • Other Equipment/Appliances

    Other interior features

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Bathrooms: 1

    • Full bathrooms: 4

  • Parking

    • None

    Property

    • Exterior Features: Other

    Lot

    • Lot: 10050 Square Feet

    Other Property Information

    • Parcel Number: 03-41-08-003-0870

    • Zoning: 0100

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Other financial information

    • Annual tax amount: $23,074

  • Source details

    • MLS ID: A11936581

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot / Oversized Lot

    • Pool Features: In Ground

    • Window Features: Other Windows

    • Direction Faces: South

    • Architectural Style: Detached / Mediterranean

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1195

    • Water Source: Municipal Water

    • Subdivision Name: CORAL GROVES

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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: JFA Realty Co