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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.

Facts & features

Interior

  • First Floor Entry
  • Built-in Features
  • Custom Mirrors
  • Entrance Foyer
  • French Doors
  • 3 Bedroom Split
  • Volume Ceilings
  • Walk-In Closet(s)
  • Den/Library/Office
  • Family Room

Exterior

  • Lighting
  • Open Balcony

Appliances

  • Dishwasher
  • Disposal
  • Electric Range
  • Microwave
  • Refrigerator
  • Wall Oven
  • Washer

Cooling & heating

  • Central Air
  • Electric
  • Central
  • Electric

Flooring

  • Marble
  • Other
  • Wood

Parking

  • Circular Driveway

Waterfront

  • Ocean Access

View

  • Garden
  • Pool
  • Water

Laundry

  • Utility Room/Laundry

Maintenance includes

  • Maintenance Incl Common Area
  • Maintenance Incl Lawn/Lndscp Care
  • Maintenance Incl Security

Pets

  • Yes

Construction & roof

  • Concrete Block Construction
  • Flat Tile

Assigned schools

Elementary

Sunset

Middle

Ponce De Leon

High

Coral Gables

School assignments should be independently verified.

Location

585 Arvida Pkwy, Coral Gables

Mortgage Estimator

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Home priceUSD
Enter as digits, with commas, or shorthand: 1.9M · 1900K · 1,895,000
ZIP codeMiami-Dade
Miami-Dade County (exact match).
Payment typeFinanced
Conventional or jumbo loan, depending on size.
Down payment20% · $5,500,000
%
$22,000,000 financed· Jumbo loan
Loan termyears
Base rate% (760+ band)
Loading current market rate...
Your rate at 740-759:6.995%(base + 0.12%)
Loan exceeds the conforming limit. Jumbo rates from portfolio lenders typically run 0.25–0.75% below the 30-yr fixed shown here.
Primary residenceNo
No homestead exemption — full property tax applies.
Credit score banddrives rate
Lenders price LLPA adjustments by credit band. See impact panel for monthly + lifetime deltas.
Your finances optional, for DTI
Gross annual income
$
Other monthly debts
$
Household combined pre-tax income and the sum of your monthly debt-service payments (auto loans, student loans, credit-card minimums). We don't count groceries, utilities, or insurance — those don't factor into lender DTI.
Estimated monthly
$194,275
Per month, all-in
75%P&I SHARE
Monthly breakdown
  • Principal & interest$146,29375%
  • Property taxes$13,6737%
  • Insurance$33,60217%
  • HOA$7080%

Tax: From listing — annual tax of record.

Insurance: Direct coastal exposure — Florida hurricane corridor. Estimate; actual quote can be 30–50% higher on older homes or homes without wind mitigation.

Cash & qualification
Cash at closing
$6,387,814
Income to qualify
$8,327,000/yr
Credit-score impact

Improving from 740-759 to 760+ would save $1,769/mo and $636,603 over the life of this loan.

Over the life of the loan
Total paid
$52,665,365
Total interest
$30,665,365
Paid off
2056
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