550 Arvida Parkway, Coral Gables, FL 33156

$27,500,000
Property Type: Residential Bedrooms: 5 Baths: 6 Square Footage: 8,163 Status: Closed
Current Price: $27,500,000 List Date: 1/27/2023 Last Modified: 8/30/2026

Overview

Description

Exceptional Gables estates residence, perfectly located on the widest lagoon with one-of-a-kind views. Boasting over an acre of land, this exclusive property also includes plans with the option to build a Tropical Modern estate by the distinguished architect Cesar Molina. This existing uniquely defined home offers 5 bedrooms/ 5.5 baths with top-of-the-line appliances, floor to ceiling windows and remarkable views from every angle. Ready to move in or build your own custom dream home; this incredible property offers endless options on prime real estate.

Listing Details MLS# A11334197

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
5
Bathrooms Total
6
Bathrooms Full
5
Bathrooms Half
Yes
Building Area Main
8163
Living Area Main
6289
Adjusted Area Main
7051
Year Built
1971
Garage YN
Yes
Attached Garage YN
Yes
Garage Spaces
3
Covered Spaces
3
Lot Size Area
44431
Lot Size Acres
1.02
Senior Community YN
Yes
Waterfront YN
Yes
Water Frontage Feet
190
Outdoor Living Spaces YN
Yes
Stories Total
2
Direction Faces
North
Pool Private YN
Yes

Property Features

Application Information: Association Approval Required Association Amenities: Gated; Security Dining Area: Eat-In Kitchen; Formal Dining Exterior Features: Barbecue; Lighting Flooring: Marble; Wood Parking Features: Circular Driveway; Attached; Attached Garage; Garage Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Gas Range; Microwave; Refrigerator; Washer Boat and Dock Features: Private Dock Construction Materials: Block Cooling: Central Air; Electric Association Type: Homeowner Association Heating: Central; Electric Interior Features: Built-in Features; Dome Kitchen; Vaulted Ceiling(s) Levels: Two Listing Terms: Cash; Conventional Pool Features: In Ground Possession: Negotiable Restrictions: Other Restrictions Roof: Flat; Tile Security Features: Security Patrol Sewer: Septic Tank Special Information: Sold As-Is Tax Information: Tax Reflects No Exemptions View: Water Water Access: Ocean Access Water Source: Public Water View: Lagoon Waterfront Features: Canal Front; Lagoon; No Fixed Bridges Showing Requirements: 24 Hour Notice; Call Listing Agent Outdoor Living Spaces: Porch Porch Details: Porch - Open Contingencies: None Room Types: Great Room; Laundry Acreage Description: 1 To Less Than 2 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
28900000
Occupant Type
Call Listing Agent

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
550
Street Name
Arvida
Street Suffix
Parkway
City Name
Coral Gables
Municipal Code
3
State Or Province
FL
Postal Code
33156
Postal Code +4
2321
Postal Zip
33156
Subdivision Name
GABLES ESTATES NO 3
Development Name
Gables Estates
Area
2500
Parcel Number
0351050020200
Subdivision Number
2
Zoning
0100
Flood Zone
AE

Financial Information

Association YN
Yes
Association Fee
7500
Association Fee Frequency
Annually
Association Membership
Mandatory
Estimated Monthly Assoc Recurring Fee
625
Membership Fee Required YN
Yes
Membership Fee Amount
100000
Tax Annual Amount
181143
Tax Year
2022
Tax Legal Description
GABLES ESTS NO 3 PB 65-66 LOT 22 BLK C LOT SIZE 44431 SQ FT OR 20462-3141 22182-2174 0304 1

Status Change Information

Major Change Timestamp
2023-04-22T04:36:07Z
Major Change Type
Status Change
Price Change Timestamp
2023-01-27T19:36:49Z
Status Change Date
2023-05-05
Under Contract Date
2023-03-31
Close Date
2023-04-21
Close Price
27500000
Buyer Financing
Cash

More Information

Entry Information

Entry Level
Yes

Boat and Dock Information

Dock
Yes

Storm Protection

Impact Glass
Complete

Buyer Details

Intended Use
Unknown/Withheld

Concessions

Seller Concessions
No

Price Calculations

Current Price To SqFt
4372.71

Section Details

Parcel Number MLX
0200

Originating Details

Originating System Key
378288264
Originating System ID
M00000151

Room Information

Room Name
Great Room
Laundry
IDX
Listing Office: Mocca Realty, LLC.
Last Updated: August - 30 - 2026
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