How do I schedule a tour of 585 Arvida Parkway, Coral Gables, FL 33156?

Use the Tour button on this listing to request a showing of 585 Arvida Parkway, 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 585 Arvida Parkway, Coral Gables, FL 33156 still available?

585 Arvida Parkway, Coral Gables, FL 33156 is currently listed as Active, and has been on the market 161 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 585 Arvida Parkway, Coral Gables, FL 33156?

With 20% down ($5,500,000) on the $27,500,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 585 Arvida Parkway, Coral Gables, FL 33156 is about $144,524/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 585 Arvida Parkway, Coral Gables, FL 33156?

Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 585 Arvida Parkway, 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 585 Arvida Parkway, Coral Gables, FL 33156 have an HOA fee?

Yes: 585 Arvida Parkway, Coral Gables, FL 33156 carries an HOA fee of about $8,500 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 585 Arvida Parkway, Coral Gables, FL 33156?

585 Arvida Parkway, Coral Gables, FL 33156 is zoned for Sunset (elementary), Ponce De Leon (middle), 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 585 Arvida Parkway, Coral Gables, FL 33156?

Often, yes. The right offer on 585 Arvida Parkway, 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.

Active

161 Days on Market

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$27,500,000

585 Arvida Parkway

Coral Gables, FL 33156

GABLES ESTATES NO 3

Explore the area: Coral Gables homes for sale · Miami Dade County real estate

Price Check

How this price compares

List price: $27,500,000
Price per sq ft: $2,977
Original price: Unchanged
Days on market: 161

This 6-bedroom single-family home in Gables Estates No 3 is listed at $27,500,000, or $2,977 per square foot. It has been on the market for 161 days.

Bedrooms

Bathrooms

9,236

Living Sq Ft

1998

Year Built

Estimated monthly payment

$144,524 /mo

Principal and interest only, based on $5,500,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

Customize this estimate

Listing Snapshot

Price: $27,500,000
Days on Site: 161 Days
Bedrooms: 6
Total Baths: 8
Full Baths: 6
Partial Baths: 2
Living Area: 9,236 sqft
Total Sq Ft: 12,102 sqft
Lot Size: 1.03 Acres
Year Built: 1998
Property Type: Single Family
MLS #: A11994078
Property Tax: $164,078 (2024)
HOA Fees: $8,500 / Annually
Subdivision: GABLES ESTATES NO 3
County: Miami Dade
Status: Active

About This Property

Spectacular waterfront estate in the exclusive, guard-gated community of Gables Estates, offering 9,236 SF under air and 12,102 total, on beautifully landscaped grounds. With 6 bedrooms, 6 full baths, and 2 half baths, this residence blends timeless Dutch and Island-inspired architecture with refined luxury. Designed with distinct east and west wings, the home features double-height ceilings, an elegant Connemara marble staircase, marble and wood floors, and grand living and formal dining rooms. The chef’s kitchen is equipped with Gaggenau appliances, Sub-Zero refrigeration, custom cabinetry, and a spacious island with seating, opening to a bright breakfast area and family room. Additional highlights include a library with custom millwork, two fireplaces, elevator, and advanced home systems. The private main suite offers a serene retreat with terrace access, dual walk-in closets, and a luxurious marble bath featuring a long mirrored vanity, Jacuzzi, and multi-jet shower. Outdoors, enjoy 180 feet of waterfront with a 20,000 lb boat lift and direct, no-bridge access to Biscayne Bay. Covered terraces overlook the pool and manicured gardens, complemented by a 4-car garage and expansive driveway—an exceptional waterfront offering where elegance meets effortless coastal living.

Virtual Tour

General Features

Property Type: Single Family
Status: Active
Year Built: 1998
Property Condition: Resale
Number of Stories: 3
Levels: Three Or More
Garage Spaces: 4
Attached Garage: Yes
Parking: Attached / Circular Driveway / Garage
Direction Faces: South
Lot Size (Acres): 1.03
Living Sq Ft: 9,236
Total Sq Ft: 12,102
Sewer: Public Sewer
Water Source: Public
Zoning: 0100

Interior Features

Appliances: Dishwasher / Electric Range / Disposal / Microwave / Oven / Refrigerator / Washer
Cooling: Central Air / Electric
Heating: Central / Electric
Flooring: Marble / Other / Wood
Fireplace: Yes
Interior Features: Bidet / Built In Features / Bathtub / Dining Area / Separate Formal Dining Room / Dual Sinks / Entrance Foyer / Eat In Kitchen / Elevator / High Ceilings / Jetted Tub / Kitchen Dining Combo / Custom Mirrors / Main Level Primary / Split Bedrooms / Soaking Tub / Separate Shower / Upper Level Primary / Walk In Closets
Windows: Arched
Furnished: Unfurnished

Exterior Features

Construction: Block
Roof: Flat / Tile
Exterior Features: Balcony / Lighting / Outdoor Living Area
Private Pool: Yes
Pool Features: In Ground
Patio & Porch: Open / Balcony
Lot Features: One To Two Acres / Sprinklers Automatic
Waterfront: Yes
Waterfront Features: Ocean Access
Frontage: Waterfront
Frontage Length: 180.00 ft
View: Garden / Pool / Water

Community & HOA

HOA Fee: $8,500 / Annually
HOA Includes: Common Areas / Maintenance Grounds / Security
Association Amenities: Maintenance
Community Features: Home Owners Association
Utilities: Cable Available
Pets Allowed: No Pet Restrictions / Yes
Financing Terms: Cash / Conventional
Restrictions: Other Restrictions
MLS Area: 2510

This home's HOA fee works out to $708 a month, in line with the $708 median across 7 homes for sale in Gables Estates No 3. See Gables Estates No 3 HOA fees

Schools

Elementary School: Sunset
Middle School: Ponce De Leon
High School: Coral Gables

About the Community

Gables Estates No 3

View Community Details →

Homes for Sale: 8
Median List Price: $75,000,000
Median $/Sq Ft: $5,912
Avg Days on Market: 218

View all 8 homes for sale in Gables Estates No 3 →

Frequently Asked Questions

How do I schedule a tour of 585 Arvida Parkway, Coral Gables, FL 33156?: Use the Tour button on this listing to request a showing of 585 Arvida Parkway, 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 585 Arvida Parkway, Coral Gables, FL 33156 still available?: 585 Arvida Parkway, Coral Gables, FL 33156 is currently listed as Active, and has been on the market 161 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 585 Arvida Parkway, Coral Gables, FL 33156?: With 20% down ($5,500,000) on the $27,500,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 585 Arvida Parkway, Coral Gables, FL 33156 is about $144,524/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 585 Arvida Parkway, Coral Gables, FL 33156?: Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 585 Arvida Parkway, 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 585 Arvida Parkway, Coral Gables, FL 33156 have an HOA fee?: Yes: 585 Arvida Parkway, Coral Gables, FL 33156 carries an HOA fee of about $8,500 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 585 Arvida Parkway, Coral Gables, FL 33156?: 585 Arvida Parkway, Coral Gables, FL 33156 is zoned for Sunset (elementary), Ponce De Leon (middle), 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 585 Arvida Parkway, Coral Gables, FL 33156?: Often, yes. The right offer on 585 Arvida Parkway, 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 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 June 23, 2026.

$27,500,000

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Listed by Judith H Zeder, Coldwell Banker Realty

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Recently sold homes in Gables Estates No 3

These are the last 6 recorded closings in Gables Estates No 3, with the price each home actually sold for rather than what it was listed at. They closed at a median of $2,637 per square foot. The most recent closed on July 2, 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.