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446 Madeira Ave

Coral Gables FL 33134

4
5
2
1211 sq. ft.
0.23 ac.
Single-Family
Currently for sale - view listing

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.

Features

4 bedrooms
5 bathrooms
2 carspaces
2 garage spaces
1211 sq. ft. floor area
0.23 ac. lot size
Single-Family

Property history for 446 Madeira Ave

2025
Sold
$1,500,000
17 Jan 2025 by Stephan Burke, of Fortune International Realty
2017
Sold
$575,000
21 Jun 2017

Happy sellers in Coral Gables

65%
65% 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 9 reviews in Coral Gables over the last 12 months.

Local market activity for 4 bedroom single-family properties in Coral Gables

In the last 12 months, 63 four-bedroom single-family properties similar to 446 Madeira Ave, have been sold.

This represents a 18% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

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