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Single Family Residence at 1115 San Pedro Ave, Coral Gables FL 33156Pending
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Waterfront · Single Family Residence
$5,499,000$1,858 / sqft

1115 San Pedro Ave, Coral Gables FL 33156

4
Bedrooms
4
Bathrooms
2,960 sqft
Interior
1971
Year built
$29 / mo
HOA
Single Family Residence
Type

About this home

Rarely does a property combine 100 FEET OF WATERFRONT, direct access to Biscayne Bay and the ocean with no bridges, dockage for a boat up to 90 feet, and the security of one of CORAL GABLES' most coveted gated communities. Situated on a 12,000 SF lot with lush landscaping in the prestigious GABLES BY THE SEA, this exceptional waterfront residence offers the lifestyle discerning boaters and families seek. Designed for effortless indoor-outdoor living, the home features expansive waterfront entertaining areas, including a resort-style pool, private dock with electric boat lift, davit, and a fully equipped 48-inch outdoor summer kitchen with grill and sink. Offering 4 bedrooms and 4 bathrooms, a two-car garage, a circular driveway, and a generator. The chef's kitchen showcases professional Viking and Bosch appliances, double-drawer beverage refrigeration, a wine cooler, custom cabinetry, and premium finishes throughout. Three new AC systems were installed in 2025. Gables by the Sea is highly sought after for its gated security, family-friendly atmosphere, and exceptional boating lifestyle. Families will appreciate the proximity to top private schools, including Gulliver Preparatory School, only 4 minutes away, as well as Ransom Everglades and Carrollton School of the Sacred Heart. For buyers seeking an exceptional waterfront lifestyle in one of Coral Gables' most exclusive communities, this is a rare opportunity not to be missed.

Features

  • Built-in Features
  • Closet Cabinetry
  • Cooking Island
  • Skylight
  • Den/Library/Office
  • Family Room
  • Great Room
  • Storage
  • Utility Room/Laundry
  • Barbeque
  • Built-In Grill
  • Lighting
  • Bay
  • Canal
  • Garden

Location

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

Estimated loan & HOA

$27,835

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

Principal & interest
$27,806
HOA
$29 / 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
Douglas Elliman

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.