
$5,999,999
Single Family ResidenceActive7244 E Lago Dr, Coral Gables FL 33143
MLS #A12022575About This Property
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.
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About Coral Gables
Coral Gables is 'The City Beautiful,' a meticulously planned community founded in the 1920s and protected by strict architectural review ever since. Mediterranean Revival villas, canopied streets, the Biltmore Hotel, the Venetian Pool, and the Miracle Mile shopping corridor define the city. Residents include academic leaders from the University of Miami, international business owners, and families drawn to top schools and civic stability.
Property Details
Property Type
Single Family Residence
Year Built
1982
Living Area
4,785 sq ft
Lot Size
14,700 sq ft
Bedrooms
5
Bathrooms
4
Garage
2 Spaces
Pool
No
Waterfront
Yes
Cooling
Electric
Heating
Electric
Roof Type
Shingle
Flooring
Other
Construction
Concrete Block Construction
Style
Detached, Two Story
HOA Fee
$1,800 / Quarterly
Annual Taxes
$26,466 (2025)
Days on Market
11
MLS #
A12022575
Features & Amenities
Interior
Appliances
Exterior
Community
Other
Nearby Schools
Assigned public schools pulled from Miami-Dade County Public Schools’s official attendance-boundary data. Verify current boundaries with MDCPS before buying — zones can change year to year.
School data source: Miami-Dade County Open Data Hub
Similar Homes in Coral Gables
Location
City
Coral Gables
State
FL
ZIP Code
33143
County
Miami-Dade County
Listing provided by Jason Welt at Trustee Realty Inc.. Data from Miami Association of REALTORS®. All information deemed reliable but not guaranteed. Listing #A12022575.