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550 Marquesa Dr, Coral Gables FL 33156

House For Sale
$35,000,000

BTC: 555.55555556

ETH: 20,045.81901489

-$3M (2026/04/13)
98 days
Waterfront
6 bds
7 ba
7,237 sqft

Overview

Elegant Coastal Mediterranean-inspired waterfront estate within the exclusive, guard-gated enclave of Old Cutler Bay in Coral Gables. Set on a 20,300 SF lot with 140 ft on a wide canal and direct, bridge-free access to Biscayne Bay, this 11,589 total SF, 6-bedroom, 7-full and 2-half bath residence is designed to feel open, airy, and truly expansive. Multiple oversized covered terraces and upper-level balconies span the façade, creating various outdoor living and dining areas ideal for grand-scale entertaining or intimate gatherings. Framed by manicured grounds, coral stone accents, and a gracious entry with koi pond, the home seamlessly blurs the line between indoors and out. The resort-caliber exterior showcases an infinity-edge saltwater pool with Baja ledge and fountain bubblers, a coral stone deck, and a fully equipped summer kitchen. An 80-foot private dock further enhances the waterfront lifestyle. Inside, a dramatic entry with soaring vertical scale and exposed beams introduces light-filled interiors finished with limestone and wood floors, custom millwork, illuminated wine cellar, elevator, and integrated smart home technology. The bespoke chef’s kitchen features custom cabinetry, a striking Blue Agate island, and premium Wolf and Sub-Zero appliances. The tranquil primary suite offers vaulted shiplap ceilings, private canal-view terraces, a spa-inspired marble bath, and couture-style dressing room—an exceptional blend of scale, comfort, and timeless waterfront luxury.

Location

Details

Type:
Residential
Parking:
Driveway / Guest
Year Built:
2019
Lot:
20300 Square Feet
Heating:
Central / Electric
Price/sqft:
$4,836
Cooling:
Central Air / Electric
HOA:
$1,500

Valuation

Our model vs. what's actually selling nearby.
Estimate
$19,900,000
$13.0M – $29.8M
Confidence Low
List vs. estimate
$15.1M above estimate
List $35,000,000 · +75.9%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$4,836
+304.2% vs. city median $1,196
Based on
5 MLS comparables
+ 10 public-records sales within 0.5 mi
Median actual sale: $17.0M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$175,695
2024
HOA
$1,500/yr
Pool
In Ground
View
Canal, Pool
Waterfront
Ocean Access, Canal Front
Garage
1 car garage
All facts and features
  • Flooring

    • Other

    • Wood

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Electric

    Appliances

    • Trash Compactor

    • Dishwasher

    • Disposal

    • Dryer

    • Microwave

    • Other Equipment/Appliances

    • Water Purifier

    • Gas Range

    • Refrigerator

    • Wall Oven

    • Washer

    Other interior features

    • First Floor Entry

    • Built-in Features

    • Closet Cabinetry

    • Elevator

    • Volume Ceilings

    • Walk-In Closet(s)

    • Wet Bar

    • Family Room

    • Maid/In-Law Quarters

    • Other

    • Utility Room/Laundry

    Bedrooms and bathrooms

    • Bedrooms: 6

    • Bathrooms: 2

    • Full bathrooms: 7

  • Parking

    • Driveway

    • Guest

    Property

    • Exterior Features: Built-In Grill / Open Balcony

    Lot

    • Lot: 20300 Square Feet

    Other Property Information

    • Parcel Number: 03-51-05-009-0030

    • Zoning: 0100

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Other financial information

    • HOA: $1,500

    • HOA Frequency: Annually

    • Annual tax amount: $175,695

  • Source details

    • MLS ID: A11967109

    Other facts

    • Construction Materials: Concrete Block Construction / Other

    • Fireplace Features: Fireplace

    • Laundry Features: Utility Room/Laundry

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

    • Patio And Porch Features: Open Balcony / Patio

    • Pool Features: In Ground / Heated

    • Window Features: Clear Impact Glass / Complete Impact Glass / Blinds / Drapes / Impact Glass / Sliding

    • Direction Faces: North

    • Architectural Style: Detached / Two Story / Mediterranean

    • Waterfront: Yes

    • Fireplace: Yes

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 7237

    • Water Source: Municipal Water

    • Subdivision Name: OLD CUTLER BAY SEC 4-A

Private inquiry
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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: Coldwell Banker Realty