$3,000,000

421 LUENGA AVE, CORAL GABLES, FL 33146

3 beds2 baths1,760 sq ftHouseBuilt 1950
Updated today, November 3, 2026

This home against Coral Gables

$1,705 per sq ft, 84% over the Coral Gables median
22 days on the market
$38,779 in property taxes (2025)
12,632 sq ft lot
Private pool
2 car garage

Coral Gables today: 289 homes for sale, median list price $1,995,000.

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.

Zoned schools

Elementary: George W. Carver Elementary School
Middle: Ponce de Leon Middle School
High: Coral Gables Senior High School

From Miami-Dade County Public Schools attendance zones.

Near this home

Park: Matheson Hammock Park, 0.4 mi
Grocery: Publix, 2.1 mi

Distances from the center of CORAL GABLES.

Listing courtesy of Atlas Realty Miami, LLC.. MLS# A12092750.

Listing information is provided by the MLS and is deemed reliable but not guaranteed.

Listed October 12, 2026.

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