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Waterfront · Single Family Residence
$172,500,000$8,158 / sqft
600-620 Arvida Pkwy, Coral Gables FL 33156
Listed
10
Bedrooms
18
Bathrooms
21,145 sqft
Interior
2017
Year built
$625 / mo
HOA
Single Family Residence
Type
About this home
Ultra exclusive Gables Estates residence designed by renowned architect Cesar Molina. Villa Serenity is a modern tropical waterfront estate situated on over 2 acres, offering 35,000+SF across multiple structures & 335ft of pristine waterfront.Estate features 10+ beds, 14 baths & 2 half baths, designed for large-scale entertaining & private living. Includes separate 2-bed guest house & staff quarters. Amenities include full gym/spa, private salon, speak easy lounge, expansive grounds & 20 ton climate-controlled pavilion. Addl features: panic/safe room, generators, comm elevator, wine cellar & 8-car garage. Fully integrated lighting, audio, security & media systems. Villa Serenity offers a rare opportunity to own a fully self-sustained, ultra-private waterfront estate in one of South FL’s most prestigious residential enclaves.
Features
- Bar
- Built-in Features
- Dome Kitchen
- Elevator
- Pantry
- Vaulted Ceiling(s)
- Volume Ceilings
- Den/Library/Office
- Maid/In-Law Quarters
- Media Room
- Recreation Room
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.