$148,000,000
Tucked away at the end of the lagoon in guard-gated Gables Estates, this 2.38-acre retreat unfolds before the water, offering space, silence, and one of the longest views in Coral Gables. The property offers 245 ft of deep-water frontage with sweeping, wide-open water views from the head of the lagoon. Over 600 species of palms, trees, and plants. +/- 90 ft dock with no bridges to Biscayne Bay. Designed by famed architect Rafael Portuondo: 14,000+ SF of living space, 6 bedrooms, 9 full and 3 half baths, Groin-vaulted arches, 25-ft ceilings, marble and wood floors, Finestra impact windows and doors, 11-ft elevation, elevator, 8-zone A/C, and Lutron lighting. Main level: double-height living room with coffered ceiling, dining room with temperature-controlled wine room, Wolf and Sub-Zero kitchen, family room with exposed-beam vaulted ceiling and full bar, home theater, billiard room, two offices, chapel with custom woodwork and stained glass, and staff quarters with laundry. Upstairs primary suite with sitting area, balcony, wet bar, his and hers walk-in closets, and gorgeous onyx spa-bath. Outdoors: mosaic-tiled pool, marble deck, covered terraces, summer kitchen, and detached waterfront gym with bath and second-floor sun deck and hot tub. Guest villa with living room, dining room, kitchen, and en-suite bedroom, connected by covered loggia to the main estate. Four-car air-conditioned garage.
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How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.
Scope: ZIP codes 33134, 33146 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.
Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.
7.03% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced September 24, 2026.
Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.
One Sotheby's International Realty
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$27,500,000 — 585 Arvida Pkwy, Coral Gables, FL 33156 — listing details
6 bd · 8 ba · 9,236 ft²
585 Arvida Pkwy, Coral Gables, FL 33156
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