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Sold · March 19, 2026
1051 San Pedro Avenue
Coral Gables, FL 33156
Explore the area: Coral Gables homes for sale · Miami Dade County real estate
Sale Summary
What this home sold for
- Sold price
- $6,850,000
- Vs. list price
- 2.8% under
- Days on market
- 191
- Price per sq ft
- $1,424
This 5-bedroom single-family home in Coral Bay Sec B sold for $6,850,000 on March 19, 2026. That was 2.8% below its final list price of $7,050,000. It first came on the market at $7,950,000, so the price was adjusted before it sold. It spent 191 days on the market. At $1,424 per square foot, it closed 11.3% below the $1,605 median of the 3 other single-family home sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $6,850,000
- Sold On
- March 19, 2026
- Days on Site
- 191 Days
- Bedrooms
- 5
- Total Baths
- 5
- Full Baths
- 4
- Partial Baths
- 1
- Living Area
- 4,809 sqft
- Total Sq Ft
- 6,366 sqft
- Lot Size
- 0.28 Acres
- Year Built
- 1979
- Property Type
- Single Family
- MLS #
- A11858082
- Property Tax
- $59,437 (2024)
- HOA Fees
- $350 / Annually
- Subdivision
- CORAL BAY SEC B
- Development
- GABLES BY THE SEA
- County
- Miami Dade
- Status
- Sold
- Special Conditions
- Listed As Is
About This Property
A Yachtsman’s dream home totally new 2025 rebuild sits high on a 12,000 SF direct ocean access lushly landscaped tree-shaded interior lot on a quiet cul de sac street in the highly regarded Gables by the Sea guard-gated community. This New England style 2-story 5 bdrm 4.5 bth home is filled with designer selected finishes and boasts over 6,000 total sq ft of fine craftsmanship, solid wood flooring, calacatta marble and the most beautiful kitchen ever! Spacious layout, high ceilings and abundant natural light. Direct no-bridge ocean access features 25,000 lb boat lift, 100' seawall, 80' ipe wood dock, 2 full dock towers & pilings, all brand new. Generator-ready. Four-car lift-capable garage. Coral Gables premier ocean access guard-gated community has the best in schools & nearby amenities.
MLS media linkGeneral Features
- Property Type
- Single Family
- Status
- Sold
- Year Built
- 1979
- Property Condition
- Resale / Updated Remodeled
- Number of Stories
- 2
- Levels
- Two
- Garage Spaces
- 4
- Attached Garage
- Yes
- Parking
- Attached / Driveway / Garage / Garage Door Opener / Paver Block
- Direction Faces
- South
- Lot Size (Acres)
- 0.28
- Living Sq Ft
- 4,809
- Total Sq Ft
- 6,366
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 0100
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Water Heater / Disposal / Gas Range / Ice Maker / Microwave / Refrigerator / Washer
- Cooling
- Central Air / Electric / Zoned
- Heating
- Central / Electric / Zoned
- Flooring
- Marble / Wood
- Interior Features
- Breakfast Bar / Bathtub / Dining Area / Separate Formal Dining Room / Dual Sinks / High Ceilings / Pantry / Soaking Tub / Separate Shower / Upper Level Primary / Walk In Closets
- Total Rooms
- 2
Exterior Features
- Construction
- Block
- Roof
- Concrete / Other
- Exterior Features
- Balcony / Lighting / Outdoor Living Area
- Private Pool
- Yes
- Pool Features
- Automatic Chlorination / Concrete / Heated / In Ground
- Patio & Porch
- Open / Patio / Porch / Balcony
- Lot Features
- Quarter To Half Acre Lot / Sprinklers Automatic
- Waterfront
- Yes
- Waterfront Features
- Navigable Water / No Fixed Bridges / Ocean Access / Seawall
- Frontage
- Waterfront
- Frontage Length
- 100.00 ft
- View
- Pool / Water
Community & HOA
- HOA Fee
- $350 / Annually
- Association Amenities
- Boating / Gated / Picnic Area
- Community Features
- Boat Facilities / Street Lights
- Security
- Smoke Detectors
- Pets Allowed
- Pet Restrictions / Yes
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- No Restrictions
- MLS Area
- 2510
Schools
- Elementary School
- Pinecrest
- Middle School
- Palmetto
- High School
- Miami Palmetto
About the Community
Coral Bay Sec B is a luxury waterfront, luxury community in Coral Gables, Miami-Dade County, Florida. Properties are priced from $5,500,000 to $28,000,000. Pure Equity lists homes in Coral Bay Sec B and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 6
- Under Contract
- 0
- Median List Price
- $18,900,000
- Median $/Sq Ft
- $3,013
- Avg Days on Market
- 275
Frequently Asked Questions
- How do I schedule a tour of 1051 San Pedro Avenue, Coral Gables, FL 33156?
- Use the Tour button on this listing to request a showing of 1051 San Pedro Avenue, Coral Gables, FL 33156. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1051 San Pedro Avenue, Coral Gables, FL 33156 still available?
- 1051 San Pedro Avenue, Coral Gables, FL 33156 is currently listed as Sold, and has been on the market 191 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1051 San Pedro Avenue, Coral Gables, FL 33156?
- With 20% down ($1,410,000) on the $7,050,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1051 San Pedro Avenue, Coral Gables, FL 33156 is about $37,051/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1051 San Pedro Avenue, Coral Gables, FL 33156?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1051 San Pedro Avenue, Coral Gables, FL 33156. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 1051 San Pedro Avenue, Coral Gables, FL 33156 have an HOA fee?
- Yes: 1051 San Pedro Avenue, Coral Gables, FL 33156 carries an HOA fee of about $350 annually. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 1051 San Pedro Avenue, Coral Gables, FL 33156?
- 1051 San Pedro Avenue, Coral Gables, FL 33156 is zoned for Pinecrest (elementary), Palmetto (middle), Miami Palmetto (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 1051 San Pedro Avenue, Coral Gables, FL 33156?
- Often, yes. The right offer on 1051 San Pedro Avenue, Coral Gables, FL 33156 depends on how it's priced against comparable single family sales in Coral Gables, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Compass Florida, LLC
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated August 30, 2026.
$6,850,000
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Listed by Nancy Sanabria, Compass Florida, LLC
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Recent Sales
Recently sold homes in Coral Bay Sec B
These are the last 3 recorded closings in Coral Bay Sec B, with the price each home actually sold for rather than what it was listed at. They closed at a median of $1,605 per square foot. The most recent closed on August 21, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$4,750,000
Sold · August 21, 2026
1115 San Pedro Avenue
4 bed · 3.5 bath · 2,960 sqft · $1,605/sqft
$749,000 under the asking price
Sold$5,875,000
Sold · June 5, 2026
1140 San Pedro Avenue
3 bed · 2 bath · 3,079 sqft · $1,908/sqft
$325,000 under the asking price
Sold$5,000,000
Sold · May 21, 2026
1145 San Pedro Avenue
4 bed · 4.5 bath · 3,601 sqft · $1,389/sqft
$175,000 under the asking price
See every recorded sale in Coral Bay Sec B or find out what your Coral Bay Sec B home is worth.









