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C GAB RIVIERA SEC 10 · Coral Gables, FL 33146 → · MLS A12092750
Listed by Atlas Realty Miami, LLC.
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.
The propertyAs the MLS records it
$19,718 per month
30-year fixed, 7.32% interest
The calculator opens on the national average rate for a 30-year fixed-rate loan: 7.32% for the week of October 22, 2026. Source: Freddie Mac, Primary Mortgage Market Survey ↗
For illustration only: an estimate, not a loan offer or a quote. The tax is the last annual bill the MLS records for this property; in Florida a property is reassessed when it is sold, so a buyer's tax will differ. Insurance is not estimated: it is included only when you enter your own quote. The rate is a national weekly average, not the rate a lender will offer you: change it to the one you are quoted.
REQUEST A TOUR
Showings of 421 Luenga Ave, Coral Gables, FL 33146 are by appointment. Send the request here, call or write on WhatsApp: Julian Acosta, real estate advisor with Compass, answers within one business day to confirm a day and a time.
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Use the form on this page, call +1 (786) 473-2565 or write on WhatsApp.
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No lists, no obligation.
| Year | Median price per SF | Closed sales |
|---|---|---|
| 2020 | $649 | 121 |
| 2021 | $722 | 264 |
| 2022 | $915 | 174 |
| 2023 | $914 | 144 |
| 2024 | $1,024 |
Homes of the same kind on the market nearby, the nearest in price first.
LIVE · MLS · AS OF NOV 1, 2026
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1 / 41The information on this page is supplied by the Southeast Florida Multiple Listing Service of the MIAMI Association of REALTORS®. It is deemed reliable but is not guaranteed accurate by the MLS, and it may have changed since the date above. It is provided for your personal, non-commercial use and may not be used for any purpose other than to identify properties you may be interested in purchasing. This listing is held by Atlas Realty Miami, LLC.. Julian Acosta is a real estate advisor with Compass.
A listing shown here may be held by a brokerage other than Compass. To report an error in this listing's information, write to julian.acosta@compass.com.
SOLD · FEB 6, 2026
SOLD · JAN 20, 2026
SOLD · DEC 15, 2025
SOLD · OCT 28, 2026
SOLD · APR 14, 2026
SOLD · JAN 12, 2026| 165 |
| 2025 | $1,053 | 205 |
|---|
| 2026 to date | $1,116 | 185 |
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These figures are the market's closed sales as the MLS records them: this building's for a unit, a gated community's for a home inside one, and otherwise the sales of this kind of property in the home's market — for a home at $2,000,000 or more, only that market's sales from that price up. Which of these it is, is said above the figures. No snapshot is drawn from fewer than 5 sales of the last twelve months, and a median price per SF is stated only from 3 sales that state a living area. They are not sales by Julian Acosta, they are not an appraisal, and they say nothing of this home's price.
These are the public schools whose attendance zone holds this listing's location, as Miami-Dade County publishes the zones. A zone is not a guarantee of enrollment, the district can change it, and a listing's point on the map can sit a few meters from its lot: confirm the school with Miami-Dade County Public Schools before you rely on it. Distances are straight lines. The page states no rating of any school.
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