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Sold for $3,500,000
  • $3,500,000

    4950 Riviera Drive, Coral Gables, FL 33146

    3beds
    2,330sqft
    Single Family Residence
    Built in 1953
    0.32 Acres Lot
    $3,478,800 Zestimate®
    $1,502/sqft
    $7,782 Estimated rent

    Home value

    $3,478,800

    $3.06M - $3.97M

    $7,782/mo

    Zestimate® history
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    What's special

    Stunning Turnkey Waterfront Residence on the Coveted Coral Gables WaterwaySet along prestigious Riviera Drive, this newly renovated 3-bedroom, 3-bath residence offers a rare opportunity to own a private waterfront retreat in the heart of Coral Gables. Situated on an approximately 14,000-square-foot lot with expansive water frontage on a wide canal with direct ocean access, the home is ideal for everyone and is zoned for top-rated schools.A canopy of majestic 70-foot oak trees welcomes you as you enter through electric gates, revealing a lush, secluded property framed by a four-foot concrete wall, a 10-foot podocarpus hedge, and mature landscaping that provides exceptional privacy and curb appeal. Inside, the home features a fully remodeled, open-concept layout with both formal and informal living areas, marble floors, vaulted tongue-and-groove ceilings, imported Italian interior doors, electric shades, and abundant natural light throughout. The newly updated chef's kitchen is outfitted with custom cabinetry with soft-close cabinets and doors, a large island with bar seating, a 72 Sub-Zero refrigerator, Wolf gas range, and Miele coffee machine, plus a custom bar for everyday living and entertaining.The expansive primary suite offers tranquil waterfront views, while newly remodeled bathrooms and thoughtful upgrades enhance comfort and style throughout the home. A continuous wall of multiple impact glass sliding doors opens to the outdoors, seamlessly blending indoor and outdoor living.Step outside to a resort-style backyard featuring a sparkling pool with glass mosaic tile, a hand-laid coral stone pool deck, new saltwater system, and beautifully landscaped grounds that are ideal for relaxing or hosting gatherings. The sunset waterfront views are absolutely breathtaking!The property boasts approximately 140 feet of water frontage on the Coral Gables Waterway, complete with a recently overhauled 15,000-lb electric boat lift (2025), making it a dream for boating enthusiasts.Additional features include commercial-grade hurricane impact windows and doors, two new central A/C systems, EV charger, new septic tank (2025), upgraded burglar alarm system, new video surveillance system, new irrigation system, landscape lighting, LED interior lighting, new pool lighting, ample parking, and a two-car garage with new custom cabinetry for extra storage.Ideally located in one of Coral Gables most sought-after neighborhoods.

    Zillow last checked:

    Listing updated:

    Listed by:

    Camilo De la Cruz Perez 833-700-2782,

    Home Sold Realty LLC

    Bought with:

    Non Member, 276503012

    Beaches MLS

    Source: BeachesMLS,MLS#: F10549188MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 3
    • Main level bedrooms: 3
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Water Heater, Washer
    • Laundry: In Garage
    Features
    • Breakfast Bar, Bedroom on Main Level, Family/Dining Room, Main Level Primary, Storage, Separate Shower
    • Flooring: Slate
    • Windows: Blinds, Impact Glass
    Interior area
    • Total interior livable area: 2,330 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Attached, Circular Driveway, Driveway, Garage, Garage Door Opener
    • Attached garage spaces: 2
    • Uncovered spaces: 4
    Features
    • Stories: 1
    • Entry location: First Floor Entry
    • Patio & porch: Deck
    • Exterior features: Courtyard, Outdoor Living Area
    • Has private pool: Yes
    • Pool features: Pool Equipment, Private, Salt Water, Association
    • Has view: Yes
    • View description: Canal
    • Has water view: Yes
    • Water view: Canal
    • Waterfront features: Bayfront, Navigable Water, No Fixed Bridges, Ocean Access
    • Frontage type: Waterfront
    • Frontage length: 140.00,140.00
    Lot
    • Size: 0.32 Acres
    • Features: 1/4 to 1/2 Acre Lot, Sprinklers Automatic
    Details
    • Parcel number: 0341200231320
    • Zoning: 0100

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Block, Stone Veneer
    • Roof: Composition,Shingle
    Condition
    • Resale,Updated/Remodeled
    • New construction: No
    • Year built: 1953

    Utilities & green energy

    • Water: Public
    • Utilities for property: Cable Available

    Community & neighborhood

    Security
    • Security features: Security System Owned, Security System, Fire Alarm, Smoke Detector(s)
    Community
    • Community features: Boat Facilities
    Location
    • Region: Coral Gables
    • Subdivision: Coral Gables Riviera Pt 0

    Other

    Other facts
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    4/3/2026Sold$3,500,000-1.4%$1,502/sqft
    Source: BeachesMLS #F10549188 Report a problem
    3/10/2026Pending sale$3,550,000$1,524/sqft
    Source: BeachesMLS #F10549188 Report a problem
    1/29/2026Listed for sale$3,550,000+12.7%$1,524/sqft
    Source: BeachesMLS #F10549188 Report a problem
    8/5/2024Sold$3,150,000-8.7%$1,352/sqft
    Source: MIAMI #A11548947 Report a problem
    6/25/2024Contingent$3,450,000$1,481/sqft
    Source: MIAMI #A11548947 Report a problem
    5/15/2024Price change$3,450,000-4.2%$1,481/sqft
    Source: MIAMI #A11548947 Report a problem
    4/10/2024Price change$3,600,000-2.7%$1,545/sqft
    Source: MIAMI #A11548947 Report a problem
    3/18/2024Listed for sale$3,700,000+335.3%$1,588/sqft
    Source: MIAMI #A11548947 Report a problem
    8/10/2010Sold$850,000+46.6%$365/sqft
    Source: Public Record Report a problem
    6/25/2001Sold$580,000$249/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$45,558 +19%$2,518,630 +47.1%
    2024$38,274 +14.7%$1,711,932 +10%
    2023$33,382 +16.8%$1,556,302 +10%
    2022$28,571 +13.5%$1,414,820 +10%
    2021$25,173 -7.7%$1,286,200 -7.8%
    2020$27,276 -1.7%$1,394,359 +4%
    2019$27,735 +11%$1,340,671 +10%
    2018$24,990 $1,218,792 +10%
    2017$24,990 +8.2%$1,107,993 +10%
    2016$23,092 +24.7%$1,007,267 +10%
    2015$18,521 +9.4%$915,698 +10%
    2014$16,936 +15.9%$832,453 +10%
    2013$14,614 0%$756,776 +2.8%
    2012$14,614 -8%$735,893 +1.9%
    2011$15,879 -35.1%$722,500 -36%
    2010$24,460 +0%$1,128,230 -5.2%
    2009$24,449 -24.2%$1,189,511 -28%
    2007$32,274 +30.1%$1,652,743
    2006$24,800 --
    2005$24,800 +9.1%--
    2004$22,739 +69.9%--
    2003$13,386 +72.6%--
    2002$7,757 --
    2001$7,757 --

    Find assessor info on the county website

    Neighborhood: Riviera

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $3,478,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,478,800