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4 Beds
5 Baths
1,195 sqft

$1,898,000

446 Madeira Ave, Coral Gables FL, 33134

Price per sqft$1,588.28
Built in2026
Property size1,195 sqft
Property typeResidential

Overview

Under contract

Active With Contract

Listed Jan 10, 2026

Updated Aug 18

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.

$12,627/mo

Est. mortgage payment based on a $1,898,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
A11936581

Interior Features

Bedrooms
4
Bathrooms
5
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.23 Acres

Other Property Details

Taxes
$23,074
Tax Frequency
Annually
Garage
Yes
View
Yes
Pets Allowed
Yes
Pool
Yes
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Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS.  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. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. 

©2026 Miami Association of REALTORS® all rights reserved. 

Data last updated 4:19 AM UTC, 8/18/2026.

Listed by:  JFA Realty Co, 305-644-8880

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