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Off market
  • $3,687,500

    540 San Esteban Ave, Coral Gables, FL 33146

    10beds
    7,261sqft
    SingleFamily
    Built in 1925
    0.47 Acres Lot
    $3,687,500 Zestimate®
    $508/sqft
    $4,798 Estimated rent

    Home value

    $3,687,500

    $2.88M - $4.72M

    $4,798/mo

    Zestimate® history
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    Owner options

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    $4,798/mo

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    $4,798/mo

    Rent Zestimate®

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    $25,663/mo

    Est. payment

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    $25,663/mo

    Est. payment

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    What's special

    Two outstanding and contiguous Old Spanish properties with 2 separate folio numbers are offered together to create a magnificent compound. The smaller property at 540 San Esteban is a 3 bd, 1 bath with open beamed ceilings and spacious rooms, 1,270' living area plus a 1 car garage. The larger property at 532 San Esteban has 7 bd's 5.5 baths, 3,984' living area, pool, cabana and 3 car garage. Each property has unique architectural elements with the original integrity intact. 532 San Esteban is available for purchase separately. 540 San Esteban is only available for purchase in combination with 532 San Esteban. 532 San Esteban Avenue is a lovely, walled, vintage-style estate, originally designed by Robert Law Weed in 1926, A tropical courtyard entry beckons one into this lovely home which has been extensively restored and expanded with fine design and solid construction. Meticulous attention to original authenticity includes lots of natural light, solid oak hardwood floors, high ceilings, plaster walls, cracked tile accents and vintage light fixtures throughout. The excellent floor plan has a center foyer entry, formal living with fireplace, formal dining room, family room and a large kitchen with butler's pantry. The family room has a wall of French doors opening to one of the largest and most beautiful swimming pools in all of Coral Gables. A separate cabana bath house is conveniently located at the pool/patio. Downstairs is a 1 bedroom suite or den, carefully designed to close off completely if desired. Upstairs there are 5 additional bedrooms including a private master suite with sitting room, enormous walk-in closet, huge all white bath and a lovely balcony overlooking the pool. A massive air conditioned 3-car garage is connected by breezeway to the home and has a 1 bedroom/1 bath guest or staff quarters. 540 San Esteban is a three bedroom, one bath home with very special architectural details, also designed by Robert Law Weed, and offers a rare opportunity to acquire 2 contiguous properties to create the ultimate living compound. Enter this property through the original arched doorway and discover a spacious formal living room with soaring open beamed ceilings and a fireplace. A formal dining room/den or family adjoins the living room with lots of windows. A separate kitchen is conveniently located off the dining area with exterior entrance and garage access. Three spacious bedrooms offer privacy and share a generous hallway bath. Both properties are privately landscaped throughout with many specimen trees and flowering tropical foliage. San Esteban is one of the most sought-after locations in Coral Gables known for its unique neighborhood, quiet access, tree-lined sidewalks, and many charming homes and luxury estates. It is just moments from the premier open-air shopping and entertainment area of Merrick Park, and just a few minutes drive to the downtown locations of Coconut Grove, South Miami, Coral Gables and the Miami International Airport. The beaches of Key Biscayne and Miami Beach are less than a 20 minute drive.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 9
    • Full bathrooms: 8
    • 1/2 bathrooms: 1
    Features
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 7,261 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Other
    Lot
    • Size: 0.47 Acres
    Details
    • Parcel number: 0341200222300

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • concrete
    • Roof: Other
    Condition
    • Year built: 1925

    Community & HOA

    Location
    • Region: Coral Gables

    Financial & listing details

    • Price per square foot: $508/sqft
    • Tax assessed value: $879,215
    • Annual tax amount: $12,776

    Price history

    DateEventPrice
    5/18/2018Listing removed$2,375,000$327/sqft
    Source: EWM Coral Gables-South Miami #A10338105 Report a problem
    2/17/2018Listed for sale$2,375,000-18%$327/sqft
    Source: EWM Coral Gables-South Miami #A10338105 Report a problem
    9/22/2017Listing removed$2,895,000$399/sqft
    Source: EWM Coral Gables-South Miami #A10338105 Report a problem
    9/2/2017Listed for sale$2,895,000$399/sqft
    Source: EWM Coral Gables-South Miami #A10338105 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,776 +13.4%$595,018 +10%
    2024$11,271 +12%$540,926 +10%
    2023$10,063 +14.8%$491,751 +10%
    2022$8,764 +13.6%$447,047 +10%
    2021$7,717 +8.2%$406,407 +8.5%
    2020$7,135 +1.5%$374,463 +3.7%
    2019$7,030 -4.3%$360,974 +6.7%
    2018$7,346 $338,415 +10%
    2017$7,346 +9.6%$307,650 -8.7%
    2016$6,705 +6%$336,803 +10%
    2015$6,324 +9.4%$306,185 +6.7%
    2014$5,778 -1%$287,063 -6.1%
    2013$5,835 $305,697 +7%
    2012$5,835 +2.8%$285,585 +10%
    2011$5,674 -19.8%$259,623 -20.1%
    2010$7,079 -5.7%$324,877 -11.1%
    2009$7,510 -20.1%$365,372 -24.1%
    2007$9,400 +29.8%$481,395
    2006$7,241 --
    2005$7,241 -0.7%--
    2004$7,294 +45%--
    2003$5,029 +33.8%--
    2002$3,759 --
    2001$3,759 --
    Find assessor info on the county website

    Neighborhood: Riviera

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $3,687,500
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    Estimated market value
    $3,687,500