7244 E Lago Dr, Coral Gables, FL 33143

$5,999,999
5
BD
4
BA
4,785
SqFt

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List Price
$5,999,999
MLS#
A12022575
Subdivision
Cocoplum Sec 2 Plat B
Status
ACTIVE
Type
Single Family Residential
Bedrooms
5
Full baths
4
Living Area
4,785

Property Description

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.

Additional Information

Days on Market
66
View
Canal, Direct Ocean, Pool
Waterfront Description
Ocean Access, Canal Width 121 Feet Or More, Fixed Bridge(S)
Tax Amount
$26,466
Water Access
Other
Pool
Yes
Parcel Number
03-41-32-025-0220
Pool Description
In Ground
#Garage Spaces
2
Bedroom Description
Entry Level
Front Exposure
Northeast
Association Fee
$1800
Lot Size
14,700
Exterior Features
Other
Parking Restrictions
Circular Driveway, Driveway
Address
7244 E Lago Dr, Coral Gables
Elementary School
Sunset
SqFt Liv Area
4,785
Year Built
1982
Design
Detached, Two Story
Development Name
Cocoplum Sec 2 Plat B
Style
House
Middle School
Ponce De Leon
Senior High School
Coral Gables
Restrictions
Assoc Approval Required, Ok To Lease
Construction Type
Concrete Block Construction
Interior Features
First Floor Entry, Other
Section
32

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Listing Courtesy of Trustee Realty Inc., Contact: