1242 Coral Way

Coral Gables, FL 33134

$5,395,000
Last Sold Price
6
Beds
7
Baths
1
1/2 Bath
5,656 Sq. Ft.
$954 / Sq. Ft.
5,656
Sq. Ft.
$954
per Sq. Ft.

Description

Extraordinary new construction estate located on historic Coral Way, near Biltmore Hotel & in proximity to prestigious private schools & upscale dining/shopping at Merrick Park. This impressive home sits on a gated 17500 sf lot, featuring a grand foyer entry w/ exposed wood beam ceiling, formal living & dining rm each w/ an elegant stone encased fireplace. Gourmet kitchen w/ custom flr to ceiling exquisite cabinetry, butler’s pantry, SubZero & Wolf appl & 150 bottle wine cooler. Master suite offers...Extraordinary new construction estate located on historic Coral Way, near Biltmore Hotel & in proximity to prestigious private schools & upscale dining/shopping at Merrick Park. This impressive home sits on a gated 17500 sf lot, featuring a grand foyer entry w/ exposed wood beam ceiling, formal living & dining rm each w/ an elegant stone encased fireplace. Gourmet kitchen w/ custom flr to ceiling exquisite cabinetry, butler’s pantry, SubZero & Wolf appl & 150 bottle wine cooler. Master suite offers private his & her baths, steam shower, & large terrace. Discover ample rm w/ an upstairs den & private guesthouse w/ separate entrance. Outdr living w/ covered patio, summer kit, & saltwater pool/spa. Add’l Features: elevator ready, pre-wired smart home, imp windows/drs, carport & 2 Car gar.
  1. Listed by Michael Martinez • One Sotheby's International Realty
  2. Listed by Cristina Brennan • One Sotheby's International Realty

Property Details for 1242 Coral Way

Subdivision
CORAL GAB SEC D REV PL
Style
Pool Only
Waterfront
No
View
None
Area
41
Auction
No
Sq Ft Total
8487
Sq Ft Liv Area
5656.0

Location

Listing Courtesy of One Sotheby's International Realty

Sold By One Sotheby's International Realty

Add your commute
LISTING UPDATED: 01/24/2022 10:48 AM

Property Details for 1242 Coral Way

StatusClosed
MLS #A11027617
Days on Market161
Taxes$16,034 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeSingle Family / Single
Year Built2021
Lot Size0.40 AC / 17,500 SF
CountyMiami-Dade County

Location

Listing Courtesy of One Sotheby's International Realty

Sold By One Sotheby's International Realty

Add your commute

Virtual Tour

Building Information for 1242 Coral Way

Stories2Year Built2021Building Size-Lot Size0.40 AC / 17,500 SF

Payment Calculator

$30,779 per month

30 year fixed, 7.25% Interest

Principal and Interest

$29,443

Property Taxes

$1,336

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1242 Coral Way

Location Information
Schools
  • Elementary School: Coral Gables
  • Middle School: Carver; G.W.
  • Senior High School: Coral Gables
Location Information
  • Parcel Number Free Text: 03-41-18-002-0031
  • Parcel Number MLX: 0031
  • MLS Area: 41
  • Municipal Code: 3
  • Township Range: 41
  • Section: 18
  • Subdivision Number: 2
  • Subdivision Complex Bldg: CORAL GAB SEC D REV PL
  • Zoning Information: 0100
General Information
Parking
  • Num Garage Spaces: 2
  • Garage Description: Attached
  • Num Carport Spaces: 1
  • Carport Spaces: 1
  • Parking Description: Covered Parking, Driveway, Pavers
General Information
  • Front Exposure: North
  • Housing Older Persons Act: Unverified
  • Property Sq Ft: 17500
  • Lot Description: 1/4 To Less Than 1/2 Acre Lot
  • Spa: Yes
  • Pool: Yes
  • Pool Description: Below Ground Pool, Equipment Stays
  • Pool Dimensions: 0
  • Design: Detached
  • Design Description: Two Story
  • Construction: Concrete Block Construction, New Construction
  • Construction Type: Concrete Block Construction, New Construction
  • Roof Description: Other Roof
  • Flooring: Marble Floors, Wood Floors
  • Floor Description: Marble Floors, Wood Floors
Room Information
Room Information
  • Rooms Description: Den/Library/Office, Family Room, Garage Apartment, Guest House, Maid/In-Law Quarters, Studio Apartment, Utility Room/Laundry
  • Bedroom Description: At Least 1 Bedroom Ground Level, Master Bedroom Upstairs
  • Master Bathroom Description: 2 Master Bathrooms, Dual Sinks, Separate Tub & Shower
  • Master Bath Features: 2 Master Bathrooms, Dual Sinks, Separate Tub & Shower
  • Dining Description: Breakfast Area, Eat-In Kitchen, Formal Dining, Snack Bar/Counter
Additional Property Information
Utilities
  • Heating Description: Central Heat
  • Cooling Description: Central Cooling
  • Sprinkler Description: Auto Sprinkler, Well Sprinkler
  • Water Description: Municipal Water
  • Sewer Description: Septic Tank
  • Cable Available: Yes
Additional Property Information
  • Pets Allowed: Yes
  • Pets Allowed: Yes
  • Pet Restrictions: Restrictions Or Possible Restrictions
  • Guest Accommodations: No
  • Room Count: 0
  • Interior Features: First Floor Entry, Built-Ins, Closet Cabinetry, Cooking Island, Fireplace, Foyer Entry, Laundry Tub, Pantry, Volume Ceilings
  • Equipment Appliances: Circuit Breaker, Dishwasher, Gas Water Heater, Washer/Dryer Hook-Up, Microwave, Owned Burglar Alarm, Gas Range, Refrigerator, Wall Oven
  • Windows Treatment: High Impact Windows, Impact Glass, Single Hung Metal
  • Exterior Features: Barbeque, Built-In Grill, High Impact Doors, Exterior Lighting, Open Balcony, Open Porch, Patio
  • Subdivision Information: No Subdiv/Park Info
  • Storm Protection: Clear Impact Glass, Complete Impact Glass
Financial Information
Financial Information
  • Type of Association: None
  • Flood Zone: X
  • Tax Year: 2020
  • Tax Information: New Construction
Rental Information
Furnished / Unfurnished
  • Furnished Info Sold: Unfurnished

Property History for 1242 Coral Way

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1242 Coral Way

Taxable ValueLand$1,575,423Additions$2,895,657Total$4,471,080
Tax Record2023$82,115 ($6,843 / month)
Home Facts
Beds6Total Finished SqFt5,688 SqFtAbove Grade Finished SqFt5,688 SqFtStories2Lot Size17,500 SqFtStyleSingle Family ResidenceYear Built2022Zoning0100:SINGLE FCountyMIAMI-DADEAPN03-4118-002-0031

Schools near 1242 Coral Way

This home is within Miami-Dade.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Coral Gables Preparatory Academy
PublicPK to 8

Ponce De Leon Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of One Sotheby's International Realty

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.