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$7,250,000
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Property Description
The offering is comprised of (3) single-family homes totaling +/- 24,000 feet of land. The lot(s) assemblage allows 10-11, tri-level "rowhouse" homes. This development could deliver the Highest & Best Use as a luxury rowhouse in one of South Florida's most sought after areas. The lots benefit from favorable MF-2 zoning. There is also the possibility of up zoning to MX-1 consistent with the massive development across the street.
Full Property Details
Full Property Details for 318 Malaga Ave
General
- Sold For: $7,250,000
- Taxes: $6,980 (2024)
- Status: Closed
- Type: Land Residential
- Source: Greater_Miami
- MLS ID: A11769487
- Added to Site: 299 day(s) ago
Location
- Area: Coral Gables Crafts Sec
- County: Miami-Dade County
- Subdivision: CORAL GABLES CRAFTS SEC
- Building Name: CORAL GABLES CRAFTS SEC
- Direction Faces: North
Community
- Community Name: Coral Gables Crafts Sec
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
- Utility Description: Cable Connected, Electricity Connected, Natural Gas Connected, Irrigation Water, Sewer Connected, Water Connected, Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
Structural Information
- Structure Type: Residential
- Detached/Attached: Detached
- Current Bldg. Use: Multi-Family, Other Usage
Additional Structures
- Other Structures: Livable, Well Kept
Lot Features
- Lot Size (Acres): 0.551
- Lot Size (Sq. Ft.): 24,000
- Lot Features: Curb, Gutter, Other, Sidewalk, Street Lights
- Development Status: Recorded Plat
- Potential Use: Investment
- Trees/Vegetation: Other Trees
- Zoning: 3801
Financial Considerations
- Tax Amount: $6,980
- Tax Year: 2024
- Terms: All Cash
Disclosures and Reports
- Legal Description: CORAL GABLES CRAFTS SEC PB 10-40 LOTS 10 & 11 BLK 36 LOT SIZE IRREGULAR OR 19131-3273 05 2000 1 COC 23151-1649 03 2005 1
- Property ID: 03-41-17-005-8240
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Schools
Schools serving 318 Malaga Ave
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
George W. Carver Elementary School 238 Grand Avenue, Coral Gables, FL 33133 | PK-5 | 1.1 mi |
Ponce De Leon Middle School 5801 Augusto Street, Coral Gables, FL 33146 | 6-8 | 2 mi |
Coral Gables Senior High School 450 Bird Road, Coral Gables, FL 33146 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 318 Malaga Ave
Date
Details
Price
Change
Source
11/25/2025
Sold
$7,250,000
-3.33%
MLS
3/24/2025
Listed
$7,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
318 Malaga Ave, Coral Gables, FL 33134 (MLS# A11769487) is a Land Residential property that was sold at $7,250,000 on November 25, 2025. This property was sold by Gloria Luna from our Coral Gables Office.Want to learn more about 318 Malaga Ave? Do you have questions about finding other Land Residential real estate for sale in Coral Gables? You can browse all Coral Gables real estate or contact a Coldwell Banker agent to request more information.


