Single Family Residence
421 Luenga Ave
421 Luenga Ave, Coral Gables FL 33146
$3,000,000
3 Beds · 2 Baths · 1,760 SqFt
See estimated monthly costThis listing is courtesy of Atlas Realty Miami, LLC.. Rafael Maryahin
Overview
RARE CORAL GABLES DEVELOPMENT OPPORTUNITY on an expansive and DEEP 12,500 SF lot (100' Wide x 125' Deep) in the highly desirable Riviera section, just minutes from Coconut Grove. An exceptional opportunity to build a custom residence in an established neighborhood surrounded by significant new construction and luxury homes, with a brand new luxury home being constructed directly across the street. Ideally located near Coconut Grove, South Miami and the heart of Coral Gables, with many of Miami's most sought-after private schools nearby, including Ransom, Carrollton, Gulliver and St. Hugh. The existing residence is remodeled and livable. Of particular value, the oversized heated pool and spa were completely rebuilt 4 years ago and are positioned toward the rear of the property, allowing the potential to incorporate it into a new construction plan. A compelling opportunity for a developer, builder or end user seeking a substantial Coral Gables lot in an exceptional location. Property offered AS IS. All measurements, development potential, zoning and school assignments to be independently verified by buyer. Please do not walk property without an appointment.
Facts & features
Interior
- Living area (sq ft)
- 1,760
- Full bathrooms
- 2
- First Floor Entry
- Garage Apartment
Building & exterior
- Year built
- 1950
- Lot size (sq ft)
- 12,500
- Garage spaces
- 2
- Covered spaces
- 2
- Garden
- Pool
- Circular Driveway
HOA (homeowners association)
- Ok To Lease
Taxes
- Annual tax
- $38,779
- Tax year
- 2025
- Parcel number
- 03-41-29-027-1020
Assigned schools
- Elementary
- Sunset
- Middle
- Ponce De Leon
- High
- Coral Gables
Listing
- MLS number
- A12092750
- Property type
- Single Family Residence
- Price per SqFt
- $1,705
- Subdivision
- C GAB RIVIERA SEC 10
- On market since
- Sep 21, 2026
- Days on market
- 1
Estimated monthly cost
$20,651 per month
- Principal & interest (30 yr)
- $15,170
- Property tax
- $3,232
- Insurance (estimated)
- $2,250
An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.
Location
Nearby schools
- Mrs. Payan''s School
- The Margaux Early Childhood School
- George Washington Carver Middle
- Vanguard School of Coconut Grove
- Ponce de Leon Middle
- George Washington Carver Elementary
- KLA Schools of Coral Gables
- Henry S. West Laboratory School
- Frances S. Tucker Elementary
- University of Miami Global Academy
- Chabad of The Grove
- Miami Jewish Montessori
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