421 Luenga Ave, Coral Gables, FL

About this home

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.

Area

Coral Gables

MLS #

A12092750

Listing agent

Rafael Maryahin

Living area (m²)

164 m²

Price per m²

$18,352

Property tax (per year)

$38,779 (2025)

Year built

1950

Parking

Garage: 2

Private pool

Yes

Flooring

Hardwood, Tile, Wood

View

Garden, Pool

Listed

September 21, 2026

Days on market

41

Interior features

• Bedroom On Main Level
• First Floor Entry
• Main Level Primary

Exterior features

• Fence

Parking features

• Circular Driveway