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$16,500,000
Est. payment /mo
0.51 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Subdivision Old Cutler Bay Sec 2
MLS Listing ID A12088176
HOA Y/N No
Annual Tax Amount $109,353
Tax Year 2025
Lot Size 0.514 Acres
Acres 0.514
Property Sub-Type Residential
Property Description
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.
Location
State FL
County Miami-dade
Community Old Cutler Bay Sec 2
Area 51
Zoning 0100
Exterior
Community Features Gated
Waterfront Description Canal Front,No Fixed Bridges,Seawall
View Canal, Lagoon
Street Surface Paved
Private Pool Yes
Building
Lot Description Buyer Approval Required
Faces South
Others
Restrictions No Deed Restrictions
Tax ID 03-51-05-006-0100
Security Features Gated Community
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12088176
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Listed by Fortune Christie's Intl R.E.
NEARBY SCHOOL & BUSINESS
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