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Single Family Residence at 585 Arvida Pkwy, Coral Gables FL 33156Active
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Waterfront · Single Family Residence
$27,500,000$2,977 / sqft

585 Arvida Pkwy, Coral Gables FL 33156

6
Bedrooms
8
Bathrooms
9,236 sqft
Interior
1998
Year built
$708 / mo
HOA
Single Family Residence
Type

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.

Features

  • 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
  • Maid/In-Law Quarters
  • Recreation Room
  • Utility Room/Laundry
  • Lighting
  • Open Balcony
  • Garden
  • Pool
  • Water

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$139,763

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$139,055
HOA
$708 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Coldwell Banker Realty

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. 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.