$999,998
512 Mendoza 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
- $999,998
- Price per sq ft
- N/A
- Original price
- $1,100,000
- Days on market
- 81
This lot in Coral Groves went under contract with an asking price of $999,998. The asking price has come down 9.1% from its original $1,100,000. It spent 81 days on the market before going under contract.
Estimated monthly payment
$5,255 /mo
Principal and interest only, based on $200,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $999,998
- Days on Site
- 81 Days
- Bedrooms
- 0
- Total Baths
- 0
- Lot Size
- 0.16 Acres
- Property Type
- Land
- MLS #
- A11981359
- Property Tax
- $3,395 (2025)
- Subdivision
- CORAL GROVES
- County
- Miami Dade
- Status
- Under Contract
About This Property
Prime redevelopment opportunity in Coral Gables. 7,062 SF lot ideal for builders or investors seeking a teardown and new construction project. The lot supports development of a new residence with over 3,000+ SF of living area (buyer to verify with the City of Coral Gables). Several nearby properties have been redeveloped into luxury homes with recent sales exceeding $3M. Excellent location near Miracle Mile, Downtown Coral Gables, Coconut Grove, and major roadways.
MLS media linkGeneral Features
- Property Type
- Land
- Status
- Under Contract
- Direction Faces
- North
- Lot Size (Acres)
- 0.16
- Zoning
- 0100
Exterior Features
- Lot Features
- Other
Community & HOA
- Financing Terms
- Cash / Conventional
- 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 512 Mendoza Avenue, Coral Gables, FL 33134?
- Use the Tour button on this listing to request a showing of 512 Mendoza 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 512 Mendoza Avenue, Coral Gables, FL 33134 still available?
- 512 Mendoza Avenue, Coral Gables, FL 33134 is currently listed as Under Contract, and has been on the market 81 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 512 Mendoza Avenue, Coral Gables, FL 33134?
- With 20% down ($200,000) on the $999,998 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 512 Mendoza Avenue, Coral Gables, FL 33134 is about $5,255/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 512 Mendoza Avenue, Coral Gables, FL 33134?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 512 Mendoza 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 512 Mendoza Avenue, Coral Gables, FL 33134?
- 512 Mendoza 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 512 Mendoza Avenue, Coral Gables, FL 33134?
- Often, yes. The right offer on 512 Mendoza Avenue, Coral Gables, FL 33134 depends on how it's priced against comparable land 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 Coldwell Banker Realty
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 July 1, 2026.
$999,998
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Listed by Gustavo De Castro, Coldwell Banker Realty
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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.
