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Coral Gables

421 Luenga Ave, Coral Gables FL 33146

$3,000,000

3 bd · 2 ba · 1,760 sq ft

About this residence

3-bedroom, 2-bath single family residence in Coral Gables with 1,760 square feet of interior space, built in 1950.

RARE CORAL GABLES DEVELOPMENT OPPORTUNITY on an expansive and DEEP 12,500 SF lot (100' Wide x 125' Deep) in the highly desirable Riviera section, just minutes from Coconut Grove. An exceptional opportunity to build a custom residence in an established neighborhood surrounded by significant new construction and luxury homes, with a brand new luxury home being constructed directly across the street. Ideally located near Coconut Grove, South Miami and the heart of Coral Gables, with many of Miami's most sought-after private schools nearby, including Ransom, Carrollton, Gulliver and St. Hugh. The existing residence is remodeled and livable. Of particular value, the oversized heated pool and spa were completely rebuilt 4 years ago and are positioned toward the rear of the property, allowing the potential to incorporate it into a new construction plan. A compelling opportunity for a developer, builder or end user seeking a substantial Coral Gables lot in an exceptional location. Property offered AS IS. All measurements, development potential, zoning and school assignments to be independently verified by buyer. Please do not walk property without an appointment.

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This listing is courtesy of Atlas Realty Miami, LLC..

Listings displayed by Jonathan Bigelman, ONE Sotheby's International Realty. Copyright Southeast Florida MLS a/k/a SEFMLS © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law. MLS Data is deemed reliable, but is not guaranteed accurate by Miami Association of REALTORS®. Data last updated October 13, 2026.