Active Under Contract

1242 Coral Way

1242 Coral Way, Coral Gables, FL 33134

$5,500,000
Extraordinary new construction estate located on historic Coral Way, near Biltmore Hotel & in proximity to prestigious private schools & upscale dining/shopping at Merrick Park. This impressive home sits on a gated 17500 sf lot, featuring a grand foyer entry w/ exposed wood beam ceiling, formal living & dining rm each w/ an elegant stone encased fireplace. Gourmet kitchen w/ custom flr to ceiling exquisite cabinetry, butler’s pantry, SubZero & Wolf appl & 150 bottle wine cooler. Master suite offers private his & her baths, steam shower, & large terrace. Discover ample rm w/ an upstairs den & private guesthouse w/ separate entrance. Outdr living w/ covered patio, summer kit, & saltwater pool/spa. Add’l Features: elevator ready, pre-wired smart home, imp windows/drs, carport & 2 Car gar.

6
beds

7.5
baths

5,656 Sq.Ft. LIVING AREA

0.402 Acres lot

Michael Martinez

Michael Martinez

TITLE

Vice President | Estate Agent

Features & Amenities

Interior

  • total bedrooms6
  • Total bathrooms7.5
  • full bathrooms7
  • half bathroom1
  • Laundry room Laundry Tub, Utility Room/Laundry, Washer/Dryer Hook-Up
  • Flooring Marble, Wood
  • Fireplace Fireplace
  • APPLIANCES Dishwasher, Gas Water Heater, Microwave, Gas Range, Refrigerator, Wall Oven
  • other interior Features First Floor Entry, Built-in Features, Closet Cabinetry, Cooking Island, Entrance Foyer, Pantry, Volume Ceilings, Den/Library/Office, Family Room, Garage Apartment, Maid/In-Law Quarters, Studio Apartment

Area & Lot

  • Status Active Under Contract
  • Living Area5,656 Sq.Ft.
  • Lot Area0.402 Acres
  • MLS IDA11027617
  • TypeRESIDENTIAL
  • YEAR BUILT2021
  • Architecture StylesDetached, Two Story
  • View DescriptionNone
  • Elementary SchoolCoral Gables
  • Middle SchoolCarver; G.W.
  • High SchoolCoral Gables

Exterior

  • Garage Space2
  • water SourceMunicipal Water
  • PoolIn Ground, Equipment Stays
  • roofOther
  • lot features1/4 To Less Than 1/2 Acre Lot
  • parkingCovered, Driveway, Paver Block
  • HEAT TYPECentral
  • AIR CONDITIONINGCentral Air
  • sewerSeptic Tank
  • SubstructureConcrete Block Construction
  • HOA AmenitiesNone
  • security FeaturesOwned Burglar Alarm
  • other exterior FeaturesBarbeque, Built-In Grill, Lighting, Open Balcony

Financial

  • Sales Price$5,500,000
  • Real Estate Tax $16,034
  • Zoning 0100

Work With Us

Michael continues to work with top-tier clientele that benefit from his extensive knowledge of Miami’s investment opportunities and appreciate consistent, quality service when buying and/or selling superior real estate.

Contact Us

Get Social With Us