Land opportunity to purchase this highly desirable 37,696 sf property within the exclusive gables estates community. Featuring 250 feet of private, rarely available southern exposure water frontage. This is the perfect setting to build your custom dream home. For boating enthusiasts the wide-water canal offers extra deep water, no fixed bridges and seamless access to the ocean from your 70ft existing dock. Gables estates’ residents enjoy privacy, security and world-class amenities including tennis club. Existing 5,534 sf home was built in 1990. Property being offered including plans and drawings approved by gables estates association and the city of coral gables board of architects for a new 13,500 sf contemporary home designed by martin newman office.
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Julian Cohen • Douglas Elliman • Buyer Agency Compensation .
Instant Comparative Market Analysis
Closed
Active
$1,700/ft²
$2,100/ft²
$2,600/ft²
$3,100/ft²
Unit 650 Leucadendra Dr – Asking
$2,932/ft²
(+35%) from Closed Medium $/ft²
Closed Medium $/ft²
$2,179/ft²
Community $/Price Range (Closed) $1883/ft² – $2474/ft²
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