$27,500,000list price
Per sq ft$2,977
6 bd · 7 ba · 9,236 sq ft House
585 ARVIDA PKWY, CORAL GABLES, FL 33156
Listing courtesy of Coldwell Banker Realty. MLS# A11994078.On the MLS · Listed Apr 13
$30,000,000
550 MARQUESA DR, CORAL GABLES, FL 33156
6 beds8 baths7,237 sq ftHouseBuilt 2019
Updated today, November 3, 2026This home against Coral Gables
$4,145 per sq ft, 347% over the Coral Gables median
43 days on the market
Price cut $8,000,000 since it was listed at $38,000,000
$175,695 in property taxes (2024)
20,473 sq ft lot
Private pool
Waterfront
1 car garage
Coral Gables today: 289 homes for sale, median list price $1,995,000.
About this home
Elegant Coastal Mediterranean-inspired waterfront estate within the exclusive, guard-gated enclave of Old Cutler Bay in Coral Gables. Set on a 20,300 SF lot with 140 ft on a wide canal and direct, bridge-free access to Biscayne Bay, this 11,589 total SF, 6-bedroom, 7-full and 2-half bath residence is designed to feel open, airy, and truly expansive. Multiple oversized covered terraces and upper-level balconies span the façade, creating various outdoor living and dining areas ideal for grand-scale entertaining or intimate gatherings. Framed by manicured grounds, coral stone accents, and a gracious entry with koi pond, the home seamlessly blurs the line between indoors and out. The resort-caliber exterior showcases an infinity-edge saltwater pool with Baja ledge and fountain bubblers, a coral stone deck, and a fully equipped summer kitchen. An 80-foot private dock further enhances the waterfront lifestyle. Inside, a dramatic entry with soaring vertical scale and exposed beams introduces light-filled interiors finished with limestone and wood floors, custom millwork, illuminated wine cellar, elevator, and integrated smart home technology. The bespoke chef’s kitchen features custom cabinetry, a striking Blue Agate island, and premium Wolf and Sub-Zero appliances. The tranquil primary suite offers vaulted shiplap ceilings, private canal-view terraces, a spa-inspired marble bath, and couture-style dressing room—an exceptional blend of scale, comfort, and timeless waterfront luxury.
Zoned schools
Elementary: Sunset 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 Coldwell Banker Realty. MLS# A11967109.
Listing information is provided by the MLS and is deemed reliable but not guaranteed.
Listed September 21, 2026.
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