$1,898,000
446 Madeira Avenue
Coral Gables, FL 33134
Explore the area: Coral Gables homes for sale · Miami Dade County real estate
Price Check
How this price compares
- Asking price
- $1,898,000
- Price per sq ft
- $1,588
- Vs. nearby sales
- 122.4% above
- Days on market
- 217
This 4-bedroom single-family home in Coral Groves went under contract with an asking price of $1,898,000, or $1,588 per square foot. The asking price has come down 17.5% from its original $2,300,000. It spent 217 days on the market before going under contract. The 5 most recent single-family home sales in the closings shown below sold at a median of $714 per square foot, so the asking price was 122.4% above what comparable homes here actually sold for.
Estimated monthly payment
$9,975 /mo
Principal and interest only, based on $379,600 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $1,898,000
- Days on Site
- 217 Days
- Bedrooms
- 4
- Total Baths
- 5
- Full Baths
- 4
- Partial Baths
- 1
- Living Area
- 1,195 sqft
- Total Sq Ft
- 1,211 sqft
- Lot Size
- 0.23 Acres
- Year Built
- 2026
- Property Type
- Single Family
- MLS #
- A11936581
- Property Tax
- $23,074 (2025)
- Subdivision
- CORAL GROVES
- County
- Miami Dade
- Status
- Under Contract
About This Property
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.
MLS media linkGeneral Features
- Property Type
- Single Family
- Status
- Under Contract
- Year Built
- 2026
- Property Condition
- Under Construction
- Garage Spaces
- 2
- Attached Garage
- Yes
- Parking
- Attached / Garage
- Direction Faces
- South
- Lot Size (Acres)
- 0.23
- Living Sq Ft
- 1,195
- Total Sq Ft
- 1,211
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 0100
Interior Features
- Cooling
- Other
- Heating
- Other
- Flooring
- Other
- Interior Features
- Other
- Windows
- Other
Exterior Features
- Construction
- Block
- Roof
- Other
- Exterior Features
- Other
- Architectural Style
- Mediterranean
- Private Pool
- Yes
- Pool Features
- In Ground / Association
- Lot Features
- Oversized Lot
- View
- Other
Community & HOA
- Association Amenities
- Golf Course / Pool / Sidewalks / Tennis Courts / Transportation Service
- Community Features
- Street Lights
- Utilities
- Cable Available
- Pets Allowed
- Dogs Ok / Yes
- 55+ Community
- Yes
- Financing Terms
- Conventional / Other
- Restrictions
- No Restrictions
- MLS Area
- 2410
Schools
- Elementary School
- Coral Gables Preparatory Academy
- High School
- Coral Gables
About the Community
Coral Groves is an age-restricted 55+ community in Coral Gables, Miami-Dade County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $999,998 to $2,000,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Coral Groves 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
- 1
- Under Contract
- 2
- Median List Price
- $1,295,000
- Median $/Sq Ft
- $593
- Avg Days on Market
- 22
Frequently Asked Questions
- How do I schedule a tour of 446 Madeira Avenue, Coral Gables, FL 33134?
- Use the Tour button on this listing to request a showing of 446 Madeira Avenue, Coral Gables, FL 33134. 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 446 Madeira Avenue, Coral Gables, FL 33134 still available?
- 446 Madeira Avenue, Coral Gables, FL 33134 is currently listed as Under Contract, and has been on the market 217 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 446 Madeira Avenue, Coral Gables, FL 33134?
- With 20% down ($379,600) on the $1,898,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 446 Madeira Avenue, Coral Gables, FL 33134 is about $9,975/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 446 Madeira Avenue, Coral Gables, FL 33134?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 446 Madeira Avenue, Coral Gables, FL 33134. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 446 Madeira Avenue, Coral Gables, FL 33134?
- 446 Madeira Avenue, Coral Gables, FL 33134 is zoned for Coral Gables Preparatory Academy (elementary), Coral Gables (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 446 Madeira Avenue, Coral Gables, FL 33134?
- Often, yes. The right offer on 446 Madeira Avenue, Coral Gables, FL 33134 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 JFA Realty Co
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 June 23, 2026.
$1,898,000
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Listed by Jose F Lopez, JFA Realty Co
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Recent Sales
Recently sold homes in Coral Groves
These are the last 6 recorded closings in Coral Groves, with the price each home actually sold for rather than what it was listed at. They closed at a median of $714 per square foot. The most recent closed on July 15, 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$950,000
Sold · July 15, 2026
512 Mendoza Avenue
2 bed · 2 bath · 1,330 sqft · $714/sqft
$49,998 under the asking price
Sold$4,235,000
Sold · June 2, 2026
505 Zamora Avenue
5 bed · 5.5 bath · 3,716 sqft · $1,140/sqft
$415,000 under the asking price
Sold$1,437,500
Sold · May 5, 2026
412 Zamora Avenue
3 bed · 3 bath · 2,029 sqft · $708/sqft
$37,500 under the asking price
Sold$1,100,000
Sold · March 25, 2026
438 Mendoza Avenue
2 bed · 2 bath · 1,545 sqft · $712/sqft
$100,000 under the asking price
Sold$1,700,000
Sold · August 18, 2025
421 Zamora Avenue
0 bed · 0 bath
$200,000 under the asking price
Sold$3,000,000
Sold · August 13, 2025
511 Madeira Avenue
4 bed · 5 bath · 3,185 sqft · $942/sqft
$475,000 under the asking price
See every recorded sale in Coral Groves or find out what your Coral Groves home is worth.
