How do I schedule a tour of 7244 E Lago Drive, Coral Gables, FL 33143?

Use the Tour button on this listing to request a showing of 7244 E Lago Drive, Coral Gables, FL 33143. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity Realty agent will confirm your visit, often the same day.

Is 7244 E Lago Drive, Coral Gables, FL 33143 still available?

7244 E Lago Drive, Coral Gables, FL 33143 is currently listed as Active, and has been on the market 48 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 7244 E Lago Drive, Coral Gables, FL 33143?

With 20% down ($1,200,000) on the $5,999,999 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 7244 E Lago Drive, Coral Gables, FL 33143 is about $31,533/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 7244 E Lago Drive, Coral Gables, FL 33143?

Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 7244 E Lago Drive, Coral Gables, FL 33143. Contact Pure Equity Realty and we'll connect you with a trusted local lender to review your financing options, no obligation.

Does 7244 E Lago Drive, Coral Gables, FL 33143 have an HOA fee?

Yes: 7244 E Lago Drive, Coral Gables, FL 33143 carries an HOA fee of about $1,800 quarterly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.

What schools serve 7244 E Lago Drive, Coral Gables, FL 33143?

7244 E Lago Drive, Coral Gables, FL 33143 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 7244 E Lago Drive, Coral Gables, FL 33143?

Often, yes. The right offer on 7244 E Lago Drive, Coral Gables, FL 33143 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 Realty will run the comps and help you craft a competitive, well-supported offer.

Active

48 Days on Market

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$5,999,999

7244 E Lago Drive

Coral Gables, FL 33143

COCOPLUM SEC 2 PLAT B

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

Bedrooms

Bathrooms

4,785

Living Sq Ft

1982

Year Built

Estimated monthly payment

$31,533 /mo

Principal and interest only, based on $1,200,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

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Listing Snapshot

Price: $5,999,999
Days on Site: 48 Days
Bedrooms: 5
Total Baths: 4
Full Baths: 4
Partial Baths: 0
Living Area: 4,785 sqft
Total Sq Ft: 6,122 sqft
Lot Size: 0.34 Acres
Year Built: 1982
Property Type: Single Family
MLS #: A12022575
Property Tax: $26,466 (2025)
HOA Fees: $1,800 / Quarterly
Subdivision: COCOPLUM SEC 2 PLAT B
County: Miami Dade
Status: Active
Special Conditions: Listed As Is

About This Property

Located within the prestigious Islands of Cocoplum community in Coral Gables, the waterfront property represents a prime redevelopment opportunity. The existing residence is being offered for land value, providing developers or end users the chance to build a custom estate in one of South Florida’s most exclusive waterfront enclaves. Walking distance to private Clubhouse and amenities (tennis courts, basketball court, volleyball court, fitness center, playground and swimming pool). One time membership fee for new owners of $50,000.00. This sale is in connection with a Bankruptcy sale and is subject to court approval. The property is being sold “As-Is, Where-Is” with no representations, warranties, or guarantees of any kind, whether expressed or implied, by Trustee Realty. Buyers are responsible for conducting their own independent due diligence. Listing is subject to errors and omissions.

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General Features

Property Type: Single Family
Status: Active
Year Built: 1982
Property Condition: Resale
Number of Stories: 2
Levels: Two
Garage Spaces: 2
Parking: Circular Driveway / Driveway
Direction Faces: Northeast
Lot Size (Acres): 0.34
Living Sq Ft: 4,785
Total Sq Ft: 6,122
Sewer: Public Sewer
Water Source: Public
Zoning: 0100

Interior Features

Cooling: Electric
Heating: Electric
Flooring: Other
Interior Features: Bedroom On Main Level
Total Rooms: 1

Exterior Features

Construction: Block
Roof: Shingle
Exterior Features: Outdoor Living Area / Other
Private Pool: Yes
Pool Features: In Ground / Association
Patio & Porch: Patio
Lot Features: Quarter To Half Acre Lot
Waterfront: Yes
Waterfront Features: Canal Front / Ocean Access / Other
Frontage: Waterfront
Frontage Length: 89.00 ft
View: Canal / Ocean / Pool

Community & HOA

HOA Fee: $1,800 / Quarterly
Association Amenities: Clubhouse / Gated / Other / Pool / Security / Tennis Courts
Community Features: Home Owners Association
Security: Security Guard
55+ Community: Yes
Financing Terms: Cash / Conventional
MLS Area: 2410

Schools

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

About the Community

Cocoplum

View Community Details →

Homes for Sale: 15
Under Contract: 0
Median List Price: $14,972,500
Median Sale Price (July): $7,610,000
Median $/Sq Ft: $1,841
Avg Days on Market: 164

View all 15 homes for sale in Cocoplum →

Frequently Asked Questions

How do I schedule a tour of 7244 E Lago Drive, Coral Gables, FL 33143?: Use the Tour button on this listing to request a showing of 7244 E Lago Drive, Coral Gables, FL 33143. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity Realty agent will confirm your visit, often the same day.
Is 7244 E Lago Drive, Coral Gables, FL 33143 still available?: 7244 E Lago Drive, Coral Gables, FL 33143 is currently listed as Active, and has been on the market 48 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 7244 E Lago Drive, Coral Gables, FL 33143?: With 20% down ($1,200,000) on the $5,999,999 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 7244 E Lago Drive, Coral Gables, FL 33143 is about $31,533/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 7244 E Lago Drive, Coral Gables, FL 33143?: Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 7244 E Lago Drive, Coral Gables, FL 33143. Contact Pure Equity Realty and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 7244 E Lago Drive, Coral Gables, FL 33143 have an HOA fee?: Yes: 7244 E Lago Drive, Coral Gables, FL 33143 carries an HOA fee of about $1,800 quarterly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 7244 E Lago Drive, Coral Gables, FL 33143?: 7244 E Lago Drive, Coral Gables, FL 33143 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 7244 E Lago Drive, Coral Gables, FL 33143?: Often, yes. The right offer on 7244 E Lago Drive, Coral Gables, FL 33143 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 Realty will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Trustee Realty Inc.

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity Realty. 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.

$5,999,999