$3,000,000
3 bd · 2 ba · 1,760 sq ft · Single Family Residence
421 Luenga Ave, Coral Gables FL 33146
For Sale · Active listing
Est. payment $16,486/mo · Mortgage calculator
Listed by Atlas Realty Miami, LLC. / Rafael Maryahin
Contact: 305-515-5270 (listing contact).
Shown through Slice Realty. Requests from this page reach Slice Realty / Propiedad Futura, not the listing agent.
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.
Facts
- MLS #
- A12092750
- Subdivision
- C GAB RIVIERA SEC 10
- Property type
- Residential
- Property subtype
- Single Family Residence
- Sq. ft.
- 1,760
- Price per sq. ft.
- $1,705 / sq ft
- Year built
- 1950
- Days on market
- 22
- County
- Miami-Dade County
- Date listed
- Sep 21, 2026
- Last updated
- Oct 13, 2026
Financial considerations
- Taxes
- $38,779 (2025)
Exterior features
- Waterfront
- No
- View
- Garden, Pool
- Construction
- Concrete Block Construction, CBS Construction
- Roof
- Barrel Roof
Interior features
- Heating
- Electric
- Cooling
- Electric
- Appliances
- Other Equipment/Appliances
- Additional features
- First Floor Entry, Garage Apartment
Additional features
- Community
- Paved Road, Public Road
Mortgage calculator
Includes principal and interest, taxes and insurance.
Rate: Freddie Mac 30-year average (2026-10-22). Estimate only.
Local context (our analysis)
281 homes and condos are listed for sale in Coral Gables, at a median list price of $1,925,000 and $939 per sq ft. This home asks $1,705 per sq ft.
Source: Southeast Florida MLS (SEFMLS). Last updated Oct 13, 2026, 12:17 PM ET
Listing data is deemed reliable but is not guaranteed accurate by the MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.