Atlantic Luxury Advisors
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18 photos

585 Arvida Pkwy

Coral Gables, FL 33156

$27,500,000
6
7
9,236 sq ft
45,000 sq ft
1998
4 car
Single Family Residence
$708/mo
Yes
133
Active

Listing courtesy of Coldwell Banker Realty (Judith Zeder). Contact: [email protected].

About this home

Spectacular waterfront estate in the exclusive, guard-gated community of Gables Estates, offering 9,236 SF under air and 12,102 total, on beautifully landscaped grounds. With 6 bedrooms, 6 full baths, and 2 half baths, this residence blends timeless Dutch and Island-inspired architecture with refined luxury. Designed with distinct east and west wings, the home features double-height ceilings, an elegant Connemara marble staircase, marble and wood floors, and grand living and formal dining rooms. The chef’s kitchen is equipped with Gaggenau appliances, Sub-Zero refrigeration, custom cabinetry, and a spacious island with seating, opening to a bright breakfast area and family room. Additional highlights include a library with custom millwork, two fireplaces, elevator, and advanced home systems. The private main suite offers a serene retreat with terrace access, dual walk-in closets, and a luxurious marble bath featuring a long mirrored vanity, Jacuzzi, and multi-jet shower. Outdoors, enjoy 180 feet of waterfront with a 20,000 lb boat lift and direct, no-bridge access to Biscayne Bay. Covered terraces overlook the pool and manicured gardens, complemented by a 4-car garage and expansive driveway—an exceptional waterfront offering where elegance meets effortless coastal living.

What it costs to own
Estimated monthly payment
$199,263/mo
Principal and interest
$139,055
Property tax
$42,308
Homeowners insurance
$17,192
HOA
$708

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$507,697/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
$708/mo (from the listing)
FEMA flood zone
Zone AE, special flood hazard area

Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.

Hurricane evacuation zone
Zone A: first to evacuate, ordered for tropical storms and every hurricane category.

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.