Coral Groves, 446 Madeira Ave

$2.3M17.5%
$1,898,000
4
Beds
41/2
Baths
1,195
SqFt
Status
Backup
A backup offer is when a home seller has accepted an offer from a buyer, but is still accepting offers from other buyers. Sellers state that they are accepting backup offers if they think the current offer may fall through.
Parking
2
Size
1,195 SqFt (111 m2)
Price
$1,588/SqFt ($17,096/m2)
Type
House
Built
2026
MLS Number
A11936581
View
Other
On Site
248 Days
Updated
29 Days ago
Page Views
0
PRECONSTRUCTION ~Est. 2026
Pre-Construction listings in the subdivision are those that you are buying before or while it is being built.
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.

Features

Bedrooms
  • Bedrooms: 4
Bathrooms
  • Bathrooms: 4
  • Half Bathrooms: 1
Exterior and Lot Features
  • Exterior Features: Other
  • View: Other
Interior, Heating and Cooling
  • Interior Features: Other
  • Equipment / Appliances: Other
  • Heating Description: Other
  • Cooling Description: Other
Building and Construction
  • Floor Description: Other
  • Windows/Treatment: Other
  • Year Built: 2026
  • Year Built Description: Under Construction
  • Style: Detached, Mediterranean
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
  • Elementary School: Sunset
  • Middle School: Ponce De Leon
  • Senior High School: Coral Gables
Other Property Info
  • Garage: 2
  • Listing Date: 2026-01-10T13:53:41.000-00:00
  • Directions: South
  • Pets Allowed: DogsOk,Yes
Taxes, Fees & More
  • Taxes: 23074
  • Parking Description: Attached,Garage,None

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Price History

Current
$1.9M
High
$2.3M
Low
$1.9M
Total Change
-17.5%
$2.3M$2.1M$1.8MDec 25Apr 26May 26May 26Jul 26
Date
Event
Price
Change
Price Per
07/10/2026
Price Reduced
$1.9M
-4.86%
$1,588 ft2
$17,096 m2
05/21/2026
Price Reduced
$2M
0%
$1,669 ft2
$17,970 m2
05/21/2026
Price Reduced
$2M
-9.11%
$1,669 ft2
$17,970 m2
04/18/2026
Price Reduced
$2.2M
-4.57%
$1,837 ft2
$19,772 m2
12/30/2025
Listed
$2.3M
 
$1,925 ft2
$20,717 m2
07/10/2026
$1.9M
Event
Price Reduced
Change
-4.86%
Price Per
$1,588 ft2
$17,096 m2
05/21/2026
$2M
Event
Price Reduced
Change
0%
Price Per
$1,669 ft2
$17,970 m2
05/21/2026
$2M
Event
Price Reduced
Change
-9.11%
Price Per
$1,669 ft2
$17,970 m2
04/18/2026
$2.2M
Event
Price Reduced
Change
-4.57%
Price Per
$1,837 ft2
$19,772 m2
12/30/2025
$2.3M
Event
Listed
Price Per
$1,925 ft2
$20,717 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Jose LopezJFA Realty Co • Buyer Agency Compensation .

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Scores

Walk Score®
Walker's Paradise. Daily errands do not require a car
90

100
Transit Score®
Some Transit. A few nearby public transportation options
49

100
Bike Score®
Very Bikeable. Biking is convenient for most trips
79

100
Sound Score®
Very loud
63

100
Airport Score
Close to airports. Noticeable airport activity
0

100
Traffic Score
Congested area. Frequent traffic delays
47

100
Local Score
Limited local amenities nearby
4

100
Community Snapshot
4 – 4 BR
Bedrooms
$1.3M – $1.9M
Price Tier
982 - 3,981
SqFt Range
1954
Year Build
1
Total Floors

Subdivision Amenities

Controlled Access
Laundry
Pool

Coral Gables
High-End
High-End Homes & Condos

Coral Groves Communities in Coral Gables, FL