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New construction
  • Price cut: $97K (7/10)
    $1,898,000

    446 Madeira Ave, Coral Gables, FL 33134

    4beds
    1,195sqft
    : 
    $12,350/mo
    Get pre-qualified
    Single Family Residence
    Built in 2026
    10,050 Square Feet Lot
    $1,859,800 Zestimate®
    $1,588/sqft
    $-- HOA

    What's special

    Guest accommodationsResort-style poolCovered terraceCustom bbq areaPicturesque tree-lined streetLuxurious primary suiteElegant indoor-outdoor living
    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.
    197 days
    |
    4,528
    |
    268
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jose Lopez 305-644-8880,

    JFA Realty Co,

    Joshua F Lopez 305-400-0021,

    JFA Realty Co

    Source: MIAMI,MLS#: A11936581MLS LogoOriginating MLS: A-Miami Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      Heating
      • Other
      Cooling
      • Other
      Appliances
      • Included: Other
      Features
      • Other
      • Flooring: Other
      • Windows: Other Windows
      Interior area
      • Total structure area: 1,211
      • Total interior livable area: 1,195 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: None
      • Attached garage spaces: 2
      Features
      • Exterior features: Other
      • Has private pool: Yes
      • Pool features: In Ground, Pool Only, Community
      • Has view: Yes
      • View description: Other
      Lot
      • Size: 10,050 Square Feet
      • Features: Less Than 1/4 Acre Lot, Oversized Lot
      Details
      • Parcel number: 0341080030870
      • Zoning: 0100
      • Other equipment: Other

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Mediterranean
      • Property subtype: Single Family Residence
      Materials
      • CBS Construction
      • Roof: Other
      Condition
      • Under Construction
      • New construction: Yes
      • Year built: 2026

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Municipal Water

      Community & HOA

      Community
      • Features: Tennis Court(s), Courtesy Bus, Golf, Golf Purchase Required, Pickleball, Private Membership Available, Sidewalks, Street Lights, Pool
      • Subdivision: Coral Groves
      HOA
      • Has HOA: No
      Location
      • Region: Coral Gables

      Financial & listing details

      • Price per square foot: $1,588/sqft
      • Tax assessed value: $1,235,412
      • Annual tax amount: $23,074
      • Date on market: 1/10/2026
      • Listing terms: Conventional

        Estimated market value

        $1,859,800

        $1.77M - $1.95M

        $5,589/mo

        Price history

        DateEventPrice
        7/10/2026Price change$1,898,000-4.9%$1,588/sqft
        Source: MIAMI #A11936581 Report a problem
        5/21/2026Price change$1,995,000-9.1%$1,669/sqft
        Source: MIAMI #A11936581 Report a problem
        4/18/2026Price change$2,195,000-4.6%$1,837/sqft
        Source: MIAMI #A11936581 Report a problem
        1/10/2026Listed for sale$2,300,000+53.3%$1,925/sqft
        Source: MIAMI #A11936581 Report a problem
        1/17/2025Sold$1,500,000-9.1%$1,255/sqft
        Source: MIAMI #A11624093 Report a problem
        11/20/2024Contingent$1,650,000$1,381/sqft
        Source: MIAMI #A11624093 Report a problem
        8/27/2024Price change$1,650,000-5.7%$1,381/sqft
        Source: MIAMI #A11624093 Report a problem
        7/17/2024Listed for sale$1,750,000+55.6%$1,464/sqft
        Source: MIAMI #A11624093 Report a problem
        10/9/2023Listing removed--
        Source: MIAMI #A11401002 Report a problem
        9/20/2023Price change$6,800-9.3%$6/sqft
        Source: MIAMI #A11401002 Report a problem
        7/24/2023Listed for rent$7,500$6/sqft
        Source: MIAMI #A11401002 Report a problem
        4/13/2022Sold$1,125,000+47.1%$941/sqft
        Source: Public Record Report a problem
        7/19/2020Listing removed$765,000$640/sqft
        Source: The Keyes Company #A10737611 Report a problem
        5/29/2020Price change$765,000-3.2%$640/sqft
        Source: The Keyes Company #A10737611 Report a problem
        10/1/2019Listed for sale$790,000+37.4%$661/sqft
        Source: The Keyes Company #A10737611 Report a problem
        6/26/2017Sold$575,000-7.1%$481/sqft
        Source: Public Record Report a problem
        6/6/2017Pending sale$619,000$518/sqft
        Source: Esquire Real Estate Serv. #A10272984 Report a problem
        5/7/2017Listed for sale$619,000+23.8%$518/sqft
        Source: Esquire Real Estate Serv. #A10272984 Report a problem
        4/25/2005Sold$500,000+3.1%$418/sqft
        Source: Public Record Report a problem
        2/18/2005Sold$485,000+1516.7%$406/sqft
        Source: Public Record Report a problem
        7/8/1994Sold$30,000-81.8%$25/sqft
        Source: Public Record Report a problem
        8/4/1993Sold$165,000$138/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$23,074 +4%$1,235,412 +0.9%
        2024$22,184 +17.3%$1,224,090 +25.1%
        2023$18,916 +44.9%$978,152 +44.1%
        2022$13,058 +11.8%$678,719 +10%
        2021$11,680 -6.5%$617,018 +1.6%
        2020$12,492 +18.9%$607,035 +10%
        2019$10,508 -8.7%$551,850 -3.4%
        2018$11,507 $571,106 +67.4%
        2017$11,507 +75.1%$341,119 +2.1%
        2016$6,571 +14.4%$334,103 +0.7%
        2015$5,743 -1.3%$331,781 +0.8%
        2014$5,820 -1.3%$329,148 +1.5%
        2013$5,896 $324,284 -3.3%
        2012$5,896 -0.3%$335,285 +1.8%
        2011$5,916 -4.5%$329,196 +1.5%
        2010$6,192 -5.1%$324,332 -9.3%
        2009$6,525 -30%$357,745 -25.1%
        2007$9,327 +7.8%$477,631
        2006$8,655 --
        2005$8,655 +9.5%--
        2004$7,904 +49.8%--
        2003$5,277 +35.9%--
        2002$3,884 --
        2001$3,884 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Coral Groves

        Getting around

        85 / 100
        Very Walkable
        38 / 100
        Some Transit
        54 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Sunset
        • Middle: Ponce De Leon
        • High: Coral Gables

        Source: MIAMI. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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