421 Luenga Ave

Single Family Home

421 Luenga Ave

$3,000,000

421 Luenga Ave, Coral Gables, FL, 33146

421 Luenga Ave photo 1
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LIST PRICE$3,000,000
BEDROOMS3
BATHROOMS2
HOUSE sq ft1,760
LOT sq ft12,500

Take a closer look

HOA: request current costs · Last reported tax: $38,779/yr

Estimate monthly payment, including HOA and taxes

Monthly Payment

$20,683/mo

Principal & interest$15,951
Property taxfrom listing$3,232
Homeowners insuranceestimate$1,500

$600,000 down

Principal & interest is exact for these inputs. Tax and HOA come from the listing; rate, insurance are editable estimates. Not a loan offer.

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.

Property Details

$3,000,000
Property Type
Residential
Subtype
Single Family Residence
Year Built
1950
Status
Active
MLS #
A12092750
Living Area
1,760 sq ft
$/Sq Ft (Living)
$1,705
Lot Size
12,500 sq ft
$/Sq Ft (Lot)
$240
Annual Taxes
$38,779
Days on Market
22

Notable Features

Scenic ViewsLarge Lot

Location Scores

Location

421 Luenga Ave, Coral Gables, FL, 33146