Single Family Residence
7244 E Lago Dr
7244 E Lago Dr, Coral Gables FL 33143 Get directions
$5,999,999
5 Beds · 4 Baths · 4,785 SqFt
See estimated monthly costThis listing is courtesy of Trustee Realty Inc.. Jason Welt
Overview
Located within the prestigious Islands of Cocoplum community in Coral Gables, the waterfront property represents a prime redevelopment opportunity. The existing residence is being offered for land value, providing developers or end users the chance to build a custom estate in one of South Florida’s most exclusive waterfront enclaves. Walking distance to private Clubhouse and amenities (tennis courts, basketball court, volleyball court, fitness center, playground and swimming pool). One time membership fee for new owners of $50,000.00. This sale is in connection with a Bankruptcy sale and is subject to court approval. The property is being sold “As-Is, Where-Is” with no representations, warranties, or guarantees of any kind, whether expressed or implied, by Trustee Realty. Buyers are responsible for conducting their own independent due diligence. Listing is subject to errors and omissions.
Facts & features
Interior
- Living area (sq ft)
- 4,785
- Full bathrooms
- 4
- First Floor Entry
- Other
Building & exterior
- Year built
- 1982
- Lot size (sq ft)
- 14,700
- Garage spaces
- 2
- Covered spaces
- 2
- Waterfront
- Yes
- Canal
- Direct Ocean
- Pool
- Ocean Access
- Canal Width 121 Feet Or More
- Fixed Bridge(S)
- Other
- Circular Driveway
- Driveway
HOA (homeowners association)
- Association fee
- $1,800 per quarter
- Assoc Approval Required
- Ok To Lease
Taxes
- Annual tax
- $26,466
- Tax year
- 2025
- Parcel number
- 03-41-32-025-0220
Assigned schools
- Elementary
- Sunset
- Middle
- Ponce De Leon
- High
- Coral Gables
Listing
- MLS number
- A12022575
- Property type
- Single Family Residence
- Price per SqFt
- $1,254
- Subdivision
- COCOPLUM SEC 2 PLAT B
- On market since
- May 22, 2026
- Days on market
- 66
Estimated monthly cost
$37,645 per month
- Principal & interest (30 yr)
- $30,339
- Property tax
- $2,206
- Insurance (estimated)
- $4,500
- Association fee
- $600
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
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