Best of Luxury Realty

Overview

Status: Closed
Parking 2
Size: 11,478 ft²/1,066.34 m²
Price Per: $3,920.54 ft²/$42,200.40 m²
Type: Single Family Home
Built: 1963
HOA: $7,500.00/MO
MLS Number: A11297249
View Ocean, Water
On Site: 532 days
Updated: 234 Days Ago
Page Views: 13

A once in a generation opportunity to own one of South Florida’s premiere properties inside the gated and exclusive community of Gables Estates. This almost 2 acre property, with 200 feet of direct water frontage on Biscayne Bay, allows one to enjoy expansive and unobstructed views out to Key Biscayne, Stiltsville and the ocean. An additional 200 feet of seawall, on a private and protected waterway, is located in the back of the property to dock your yacht. Build your dream home or renovate the existing property. The possibilities… like the views…are endless. This is truly a one of a kind property that is rarely ever on the market.

Development Amenities

Development Amenities:

Gated
Home Owners Association
Maintained Community

Price History

Date	Event	Price	Change Rate	Price Per
08/23/2023	Sold	$36,000,000.00	20.0%	$3,136.43 ft²/$33,760.32 m²
11/04/2022	Listed	$45,000,000.00		$3,920.54 ft²/$42,200.40 m²

Features

Property Details for 140 Arvida Pkwy, Coral Gables, FL 33156

Gables Estates, Single Family Home current status is Closed, 140 Arvida Pkwy is a Single Family Home in , Coral Gables, FL 33156 with property MLS ID# A11297249. This 11478square foot Single Family Home sits on a 67000 square foot lot and features 7 bedrooms and 5 bathrooms. This Single Family Home has been listed on Best of Luxury Realty since November 04, 2022 and is currently priced at 45,000,000. This property was built in 1963.

Bedrooms
Bedrooms: 7
Bedroom Description: No info

Bathrooms
Full Bathrooms: 5
Half Bathrooms: No info
Master Bathroom Description: No info

Exterior and Lot Features
Exterior Features: No info
View: Ocean, Water

Interior, Heating and Cooling
Interior Features: Bedroomon Main Level, First Floor Entry
Appliances: Other
Heating Description: Central
Cooling Description: No info

Waterfront and Water Access
Waterfront Property: Yes
Waterfront Frontage: No info
Waterfront Description: Bay Front, No Fixed Bridges, Ocean Access, Ocean Front
Water Access: Public
Water Description: No info

School Information
Elementary School: Sunset
Middle School: Ponce De Leon
High School: Coral Gables

Other Property Info
Community Name: Gables Estates
Subdivision Name: GABLES ESTATES NO 3
Property Type: Single Family Home
Property Subtype: Residential
Type of Association: Homeowners
Garage Spaces: 2
Listing Date: 11/04/2022
Closing Date: 08/23/2023
Directions: Old Cutler Road to Gables Estates main entrance. Pass thru gates and drive east on Arvida until you reach the property.
Area: 51
Brokered By: Compass Florida, LLC
Legal Description: 5 55 41 GABLES ESTS NO 3 PB 65-66 LOTS 5 & 5A BLK E LOT SIZE 67000 SQ FT OR 12237-2592 0784 1

Taxes, Fees & More
Maintenance/HOA Fees: $7,500.00/month
Taxes (PLEASE NOTE THAT: Property taxes on resale can vary and prorated at approximately 2.0% of the purchase price and/or assessed market value. Tax rates differ between municipalities and may vary depending on location and usage): $97,919.00 (2021)
Real Estate Taxes: No info
Style Tran: No info
Special Information: No info
Security Information: Gated Community, Security Guard
Pet Restrictions: No info
Unit Design: No info
Front Exposure: No info
Model Name: No info
Previous List Price: No info
Parking Description: Driveway

Nearest Schools

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Mortgage Calculator

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$45,000,000.00

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Area Specialist

Buyer/Tenant Etiquette

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Tracey Schmitt

Real Estate Advisor

Office: (305) 407-1657

Email: tracey@bestofluxuryrealty.com

Specialties:

Luxury Oceanfront Communities, Waterfront Single Family Homes

Memberships:

Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild

This property is courtesy of the Compass Florida, LLC. This listing has been viewed 13 times. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

Special Markers:

*Just Listed: New properties that came on the market within the last 15 days.
*Decrease/Increase: Listing values that are being calculated based on recorded price changes.
*Foreclosures/Short Sale: Please note, all properties are subject to bank approval. Buyers must be pre-approved or show proof of funds before submitting an offer.