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Coral Gables

7244 E Lago Dr, Coral Gables FL 33143

$5,999,999

5 bd · 4 ba · 4,785 sq ft

About this residence

5-bedroom, 4-bath single family residence in Coral Gables with 4,785 square feet of interior space, built in 1982, on the water.

Located within the prestigious Islands of Cocoplum community in Coral Gables, the waterfront property represents a prime redevelopment opportunity. The existing residence is being offered for land value, providing developers or end users the chance to build a custom estate in one of South Florida’s most exclusive waterfront enclaves. Walking distance to private Clubhouse and amenities (tennis courts, basketball court, volleyball court, fitness center, playground and swimming pool). One time membership fee for new owners of $50,000.00. This sale is in connection with a Bankruptcy sale and is subject to court approval. The property is being sold “As-Is, Where-Is” with no representations, warranties, or guarantees of any kind, whether expressed or implied, by Trustee Realty. Buyers are responsible for conducting their own independent due diligence. Listing is subject to errors and omissions.

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This listing is courtesy of Trustee Realty Inc..

Listings displayed by Seth Kaufman, 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 September 21, 2026.