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$5,999,999 Just Listed
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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.
Full Property Details
Full Property Details for 7244 E Lago Dr
General
- Price: $5,999,999
- HOA FEE: $600/month
- HOA FEE FREQ.: Quarterly
- Taxes: $26,466 (2025)
- Status: Active
- Type: Single Family
- Source: Greater_Miami
- MLS ID: A12022575
- Updated: 5/23/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: First Floor Entry, Other
- Appliances: Other Equipment/Appliances
- Flooring: Other
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 5
- Bedroom Features: Entry Level
Other Rooms
- Living Room: Other Sq. Ft.
Additional Information
- Shared Pool: Yes
- Pool: Yes
- Pool Description: In Ground, 0x0
Exterior
- Exterior Features: Other
- Deck/Patio: Patio
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Circular Driveway, Driveway
Location
- Area: Cocoplum Sec 2 Plat B
- County: Miami-Dade County
- Subdivision: COCOPLUM SEC 2 PLAT B
- Building Name: COCOPLUM SEC 2 PLAT B
- Driving Directions: GPS
- Direction Faces: Northeast
School Information
- Elementary School: Sunset
- Middle School: Ponce De Leon
- High School: Coral Gables
Community
- Community Name: Cocoplum Sec 2 Plat B
- Gated community: Yes
- Association: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Detached, Two Story
- Structure Type: House
- Detached/Attached: Detached
- Construction: Concrete Block Construction
- Roof: Shingle
- Building Size: 6122
- Square Feet: 4,785
- Living Area: 4,785 Sq. Ft.
- Year Built: 1982
Lot Features
- Property View: Canal, Direct Ocean, Pool
- Lot Size (Sq. Ft.): 14,700
- Frontage Feet: 89
- Lot Features: 1/4 To Less Than 1/2 Acre Lot
- Zoning: 100
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Ocean Access, Canal Width 121 Feet Or More, Fixed Bridge(s)
Financial Considerations
- Price Per Sq. Ft.: $1,253.92
- Association Fee: $1,800
- Assoc Fee Freq.: Quarterly
- Tax Amount: $26,466
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: COCOPLUM SEC 2 PLAT B PB 115-84 LOT 22 BLK 13 LOT SIZE 14700 SQ FT OR 12300-1797 1183 1
- Restrictions: Assoc Approval Required, Ok To Lease
- Inclusions: Other
- Property ID: 03-41-32-025-0220
Listed by Trustee Realty Inc.
Get Pre-Approved Today
Schools
Schools serving 7244 E Lago Dr
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Sunset Elementary School 5120 Sw 72nd St, Miami, FL 33143 | PK-5 | 1.3 mi |
Ponce De Leon Middle School 5801 Augusto Street, Coral Gables, FL 33146 | 6-8 | 1.5 mi |
Coral Gables Senior High School 450 Bird Road, Coral Gables, FL 33146 | 9-12 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7244 E Lago Dr
Date
Details
Price
Change
Source
5/22/2026
Listed
$5,999,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7244 E Lago Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$27,569
1%
$1,553,517
3%
2024
$27,383
5%
$1,509,735
3%
2023
$26,157
3%
$1,465,763
6%
2021
$25,300
-4%
$1,381,623
-3%
2022
$26,260
4%
$1,423,071
4%
2021
$25,300
—
$1,362,548
2%
2019
$25,391
4%
$1,331,914
2%
2018
$24,348
1%
$1,307,080
2%
2017
$24,144
—
$1,280,196
2%
2016
$24,109
3%
$1,253,865
1%
2015
$23,517
-1%
$1,245,149
1%
2014
$23,836
2%
$1,235,267
1%
2013
$23,434
—
$1,217,012
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7244 E Lago Dr
7244 E Lago Dr, Coral Gables, FL 33143 (MLS# A12022575) is a Single Family property with 5 bedrooms and 4 full bathrooms. 7244 E Lago Dr is currently listed for $5,999,999 and was received on May 22, 2026. Want to learn more about 7244 E Lago Dr? Do you have questions about finding other Single Family 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.

