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$1,898,000

446 Madeira Ave

Coral Gables, FL
ActiveUnderContract
4
Bedrooms
4.5
Bathrooms
1,211
Square Feet
2026
Year Built
281
Days On Market

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.

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Listing Information

Listing Updated
08/17/2026
Listed By
Jose Lopez, 3056448880 · JFA Realty Co, 3056448880
MLS#
A11936581
Source
MIAMI REALTORS MLS
Status
ActiveUnderContract

Facts & Features

Location

Community Information

Address
446 Madeira Ave, Coral Gables, FL 33134
City
Coral Gables
County
Miami-Dade
Neighborhood
CORAL GROVES
Zip Code
33134

Architecture

Bedrooms
4
Bathrooms
4.5
Year Built
2026
Style
Detached, Mediterranean
Construction Materials
Block
Building Area
1,211 sq. ft.
Roof
Other
Garage
Yes
Garage Spaces
2
Parking Features
Attached, Garage, None

Features & Amenities

Interior Features
Other
Appliances
Other
Flooring
Other
Exterior Features
Other
Community Features
Golf, Pool, Sidewalks, Tennis Court(s), Street Lights
Cooling
Other
Heating
Other

Property Features

View
Other
Water
Public
Sewer
Public Sewer
Utilities
Cable Available
Zoning
0100

Square Footage

Total
1,195 sq. ft.

Tax & Financial Information

List Price
$1,898,000
Annual Taxes
$23,074

Schools

62/100
Kinloch Park Middle School
Middle · Grades 06–08 · 1.3 mi
City
Miami
Students
746
Parent reviews
4.0★ avg · 4 reviews
Student body
99% Hispanic / Latino · 1% Black · 1% White
Free/reduced lunch
54%
Phone
(305) 445-5467
54/100
Somerset Gables Academy
Elementary · Grades KG–08 · 1 mi
City
Coral Gables
Students
478
Parent reviews
2.3★ avg · 8 reviews
Student body
84% Hispanic / Latino · 14% White · 1% Asian
Free/reduced lunch
17%
Phone
(305) 442-8626
52/100
Coral Gables Preparatory Academy
Elementary · Grades PK–08 · 0.5 mi
City
Coral Gables
Students
923
Parent reviews
2.5★ avg · 4 reviews
Student body
80% Hispanic / Latino · 15% White · 3% Asian
Free/reduced lunch
45%
Phone
(305) 448-1731
52/100
Banyan Behavioral Health Systems
Grades 06–12 · 1.2 mi
City
Miami
Phone
(786) 447-8669
51/100
Kinloch Park Elementary School
Elementary · Grades PK–05 · 1.2 mi
City
Miami
Students
608
Parent reviews
3.0★ avg · 2 reviews
Student body
99% Hispanic / Latino · 0% White · 0% Black
Free/reduced lunch
86%
Phone
(305) 445-1351
51/100
The English Center
Grades AE–AE · 1.3 mi
City
Miami
Phone
(305) 445-7731
44/100
Auburndale Elementary School
Elementary · Grades PK–05 · 1.3 mi
City
Miami
Students
843
Parent reviews
1.0★ avg · 2 reviews
Student body
96% Hispanic / Latino · 2% Black · 2% White
Free/reduced lunch
88%
Phone
(305) 445-3587
76/100
Mlc Preparatory Academy
All Grades · Grades 02–12 · 1.2 mi · Private
City
Miami
Students
32
Student–teacher
5.2
Student body
59% Hispanic / Latino · 22% Black · 13% White
Phone
(305) 602-8081

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
07/10/2026Price change$1,898,000
01/10/2026Listed for sale$2,300,000

Listed by Jose Lopez · JFA Realty Co · 3056448880

Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, MIAMI REALTORS MLS. All rights reserved.

Last Updated: August 17, 2026 at 6:37 PM | Source: MIAMI REALTORS MLS | MLS#: A11936581

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