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OLD CUTLER BAY SEC 2 · · MLS A12105306
Listed by Fortune Christie's Intl R.E.
Rare opportunity to build a landmark waterfront estate at 9340 Balada Street, within Old Cutler Bay, one of Coral
Gables’ most coveted gated waterfront communities. Set on an expansive 22,400 SF lot, this exceptional property
offers a new seawall, deep water, direct ocean access with no bridges, and the ability to accommodate an
approximately 100-foot yacht. The wide bay directly in front provides exceptional maneuvering room, allowing a
large vessel to turn with ease. Offered with approved permits and shovel-ready plans by renowned South Florida
architect Ramon Pacheco, AIA, of Pacheco Architecture, whose portfolio includes distinguished luxury residences
throughout Coral Gables, Gables Estates, Cocoplum and other premier South Florida communities. The proposed
two-story residence features approximately 7,845 SF of A/C living area, expansive terraces, pool and sophisticated
indoor-outdoor living. Old Cutler Bay is prized for its privacy, security, mature landscaping, substantial waterfront
estates and exceptional boating lifestyle, with direct access to Biscayne Bay. Minutes from the best of Coral Gables
while offering the tranquility of a private waterfront enclave. Property is vacant land; residence shown in
plans/renderings does not exist. A rare combination of land, architecture and world-class boating access.
The propertyAs the MLS records it
$99,071 per month
30-year fixed, 7.24% interest
The calculator opens on the national average rate for a 30-year fixed-rate loan: 7.24% for the week of October 29, 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.
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Showings of 9340 Balada St, Coral Gables, FL 33156 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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| Year | Median price per SF | Closed sales |
|---|---|---|
| 2020 | $1,333 | 3 |
| 2021 | $1,637 | 13 |
| 2022 | $2,277 | 5 |
| 2023 | — | 0 |
| 2024 | $2,973 | 5 |
Homes of the same kind on the market nearby, the nearest in price first.
AS OF OCT 30, 2026 · MLS
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1 / 49The 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 Fortune Christie's Intl R.E.. 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.

It plays on this page, from YouTube, once you start it.
SOLD · JUN 30, 2026
SOLD · MAR 19, 2026
SOLD · MAY 13, 2026
SOLD · APR 17, 2026
SOLD · MAY 29, 2026
SOLD · MAY 5, 2026| 2025 |
|---|
| $3,043 |
| 4 |
| 2026 to date | $2,564 | 7 |
|---|
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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