Coral Gables, FL 33156

Property

Ownership: For Sale
Type: Land
Lot Size: 0.5 Acres

Financials

Price:$16,500,000
Annual Taxes:$109,353
Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Listing Courtesy of Fortune Christie's Intl R.E.

Rare opportunity to build a landmark waterfront estate at 9340 Balada Street, within Old Cutler Bay, one of Coral Gables most coveted gated waterfront communities.

Description

Rare opportunity to build a landmark waterfront estate at 9340 Balada Street, within Old Cutler Bay, one of Coral Gables’ most coveted gated waterfront communities. Set on an expansive 22,400 SF lot, this exceptional property offers a new seawall, deep water, direct ocean access with no bridges, and the ability to accommodate an approximately 100-foot yacht. The wide bay directly in front provides exceptional maneuvering room, allowing a large vessel to turn with ease. Offered with approved permits and shovel-ready plans by renowned South Florida architect Ramon Pacheco, AIA, of Pacheco Architecture, whose portfolio includes distinguished luxury residences throughout Coral Gables, Gables Estates, Cocoplum and other premier South Florida communities. The proposed two-story residence features approximately 7,845 SF of A/C living area, expansive terraces, pool and sophisticated indoor-outdoor living. Old Cutler Bay is prized for its privacy, security, mature landscaping, substantial waterfront estates and exceptional boating lifestyle, with direct access to Biscayne Bay. Minutes from the best of Coral Gables while offering the tranquility of a private waterfront enclave. Property is vacant land; residence shown in plans/renderings does not exist. A rare combination of land, architecture and world-class boating access.

Amenities

  • Build To Suit
  • Canal
  • Canal Front
  • Lagoon
  • No Fixed Bridge
  • No Fixed Bridges
  • Seawall

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.