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421 Luenga Ave

Coral Gables FL 33146

3
2
2
2222 sq. ft.
0.29 ac.
Single-Family
Currently for sale - view listing

Overview

RARE CORAL GABLES DEVELOPMENT OPPORTUNITY on an expansive and DEEP 12,500 SF lot (100' Wide x 125' Deep) in the highly desirable Riviera section, just minutes from Coconut Grove. An exceptional opportunity to build a custom residence in an established neighborhood surrounded by significant new construction and luxury homes, with a brand new luxury home being constructed directly across the street.Ideally located near Coconut Grove, South Miami and the heart of Coral Gables, with many of Miami's most sought-after private schools nearby, including Ransom, Carrollton, Gulliver and St. Hugh.The existing residence is remodeled and livable. Of particular value, the oversized heated pool and spa were completely rebuilt 4 years ago and are positioned toward the rear of the property, allowing the potential to incorporate it into a new construction plan.A compelling opportunity for a developer, builder or end user seeking a substantial Coral Gables lot in an exceptional location. Property offered AS IS. All measurements, development potential, zoning and school assignments to be independently verified by buyer. Please do not walk property without an appointment.

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
2222 sq. ft. floor area
0.29 ac. lot size
Single-Family

Property history for 421 Luenga Ave

2021
Sold
$1,300,000
04 May 2021 by Paola Abello, of Brokers International Group Inc
2020
Rented
Undisclosed
01 Apr 2020 by Brokers International Group Inc

Happy sellers in Coral Gables

80%
80% of sellers in Coral Gables reported that their sale price either exceeded or met their price expectations.

Coral Gables stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Coral Gables over the last 12 months.

Local market activity for 3 bedroom single-family properties in Coral Gables

In the last 12 months, 44 three-bedroom single-family properties similar to 421 Luenga Ave, have been sold.

This represents a 22% decrease in three-bedroom single-family properties sales when compared to the previous 12 months.

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