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$27,500,000
$2,977/sqft Listed 201 days ago
585 Arvida Parkway, Coral Gables, FLListing courtesy of Coldwell Banker Realty
For sale
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Photo courtesy of Beaches MLS
House · Coral Gables
$30,000,000 $38,000,000
550 Marquesa Drive, Coral Gables, FL
Listing courtesy of Coldwell Banker Realty
About this home
Elegant Coastal Mediterranean-inspired waterfront estate within the exclusive, guard-gated enclave of Old Cutler Bay in Coral Gables. Set on a 20,300 SF lot with 140 ft on a wide canal and direct, bridge-free access to Biscayne Bay, this 11,589 total SF, 6-bedroom, 7-full and 2-half bath residence is designed to feel open, airy, and truly expansive. Multiple oversized covered terraces and upper-level balconies span the façade, creating various outdoor living and dining areas ideal for grand-scale entertaining or intimate gatherings. Framed by manicured grounds, coral stone accents, and a gracious entry with koi pond, the home seamlessly blurs the line between indoors and out. The resort-caliber exterior showcases an infinity-edge saltwater pool with Baja ledge and fountain bubblers, a coral stone deck, and a fully equipped summer kitchen. An 80-foot private dock further enhances the waterfront lifestyle. Inside, a dramatic entry with soaring vertical scale and exposed beams introduces light-filled interiors finished with limestone and wood floors, custom millwork, illuminated wine cellar, elevator, and integrated smart home technology. The bespoke chef’s kitchen features custom cabinetry, a striking Blue Agate island, and premium Wolf and Sub-Zero appliances. The tranquil primary suite offers vaulted shiplap ceilings, private canal-view terraces, a spa-inspired marble bath, and couture-style dressing room—an exceptional blend of scale, comfort, and timeless waterfront luxury.
- Area
- Coral Gables
- MLS #
- A11967109
- Listing agent
- Judith H Zeder
- Living area (m²)
- 672 m²
- Price per m²
- $44,616
- HOA (per month)
- $125Includes: Security
- Property tax (per year)
- $175,695 (2024)
- Year built
- 2019
- Floors in the building
- 2
- Parking
- Garage: 1
- Waterfront
- Yes
- Private pool
- Yes
- Flooring
- Wood
- View
- Canal, Pool, Water
- Listed
- September 22, 2026
- Days on market
- 41
- Previous price
- $38,000,000
Interior features
- Wet Bar
- Built In Features
- Breakfast Area
- Bathtub
- Closet Cabinetry
- Dining Area
- Separate Formal Dining Room
- Dual Sinks
- Eat In Kitchen
- Elevator
- High Ceilings
- Main Level Primary
- Sitting Area In Primary
- Soaking Tub
- Separate Shower
- Upper Level Primary
- Walk In Closets
Exterior features
- Built In Barbecue
- Balcony
- Barbecue
- Outdoor Living Area
Building amenities
- Gated
Parking features
- Attached
- Driveway
- Garage
- Guest
Appliances
- Dryer
- Dishwasher
- Disposal
- Gas Range
- Microwave
- Oven
- Refrigerator
- Trash Compactor
- Water Purifier
- Washer
Price and status history
- Listed for $38,000,000
- Price dropped from $38,000,000 to $30,000,000 (21.1%)
From the MLS listing date, original price, latest price change and status dates. The feed does not list every change in between.
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Listing information is deemed reliable but is not guaranteed and is provided exclusively for consumers' personal, non-commercial use. Data is supplied by the MLS and may be subject to change or withdrawal without notice.
Last updated October 31, 2026, 2:25 am
$30,000,000
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