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$3,550,000 Sale Pending
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Property Description
Stunning Turnkey Waterfront Residence on the Coveted Coral Gables WaterwaySet along prestigious Riviera Drive, this newly renovated 3-bedroom, 3-bath residence offers a rare opportunity to own a private waterfront retreat in the heart of Coral Gables. Situated on an approximately 14,000-square-foot lot with expansive water frontage on a wide canal with direct ocean access, the home is ideal for everyone and is zoned for top-rated schools.A canopy of majestic 70-foot oak trees welcomes you as you enter through electric gates, revealing a lush, secluded property framed by a four-foot concrete wall, a 10-foot podocarpus hedge, and mature landscaping that provides exceptional privacy and curb appeal. Inside, the home features a fully remodeled, open-concept layout with both formal and informal living areas, marble floors, vaulted tongue-and-groove ceilings, imported Italian interior doors, electric shades, and abundant natural light throughout. The newly updated chef's kitchen is outfitted with custom cabinetry with soft-close cabinets and doors, a large island with bar seating, a 72 Sub-Zero refrigerator, Wolf gas range, and Miele coffee machine, plus a custom bar for everyday living and entertaining.The expansive primary suite offers tranquil waterfront views, while newly remodeled bathrooms and thoughtful upgrades enhance comfort and style throughout the home. A continuous wall of multiple impact glass sliding doors opens to the outdoors, seamlessly blending indoor and outdoor living.Step outside to a resort-style backyard featuring a sparkling pool with glass mosaic tile, a hand-laid coral stone pool deck, new saltwater system, and beautifully landscaped grounds that are ideal for relaxing or hosting gatherings. The sunset waterfront views are absolutely breathtaking!The property boasts approximately 140 feet of water frontage on the Coral Gables Waterway, complete with a recently overhauled 15,000-lb electric boat lift (2025), making it a dream for boating enthusiasts.Additional features include commercial-grade hurricane impact windows and doors, two new central A/C systems, EV charger, new septic tank (2025), upgraded burglar alarm system, new video surveillance system, new irrigation system, landscape lighting, LED interior lighting, new pool lighting, ample parking, and a two-car garage with new custom cabinetry for extra storage.Ideally located in one of Coral Gables most sought-after neighborhoods.
Full Property Details
Full Property Details for 4950 Riviera Dr
General
- Price: $3,550,000
- Taxes: $33,382 (2024)
- Status: Pending
- Type: Single Family
- Source: Regional
- MLS ID: F10549188
- Updated: 2/20/2026
- Added to Site: 24 day(s) ago
Interior
- Number of Rooms: 1
- Rooms/Areas: Dining Room, Florida Room
- Interior Features: Breakfast Bar, Bedroom on Main Level, Family/Dining Room, Main Level Primary, Storage, Separate Shower
- Fireplace: Yes
- Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Ice Maker, Microwave, Oven, Refrigerator, Water Softener, Water Heater, Water Purifier, Washer
- Furnishings: Unfurnished
- Flooring: Slate
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Main Floor Baths: 3
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main: 3
Other Rooms
- Laundry: In Garage
Additional Information
- Shared Amenities: Boating, Pool
- Pool: Yes
- Private Pool: Yes
- Pool Description: Pool Equipment, Private, Salt Water, Association
- Security/Safety: Security System Owned, Security System, Fire Alarm, Smoke Detector(s)
Exterior
- Exterior Features: Balcony, Courtyard, Outdoor Living Area
- Porch/Patio/Deck: Deck, Porch, Balcony
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Attached, Circular Driveway, Driveway, Garage, Garage Door Opener
Location
- County: Miami-Dade
- Subdivision: Coral Gables Riviera Pt 0
- Driving Directions: The property is located on Riviera Drive in Coral Gables.
- Direction Faces: East
Community
- Community Name: 2410
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available
Structural Information
- Architectural Style: Ranch
- Construction: Block, Stone Veneer
- Roof: Composition, Shingle
- Windows: Blinds, Impact Glass
- Entry Floor Number: 1
- Entry Location: First Floor Entry
- Stories/Levels: 1
- Square Feet: 2,330
- Living Area: 2,330 Sq. Ft.
- Year Built: 1953
- Property Condition: Resale, Updated/Remodeled
Lot Features
- Property View: Canal
- Lot Features: Item14to12AcreLot, Sprinklers Automatic
- Zoning: 100
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Bayfront, Navigable Water, No Fixed Bridges, Ocean Access
- Water Front View: Bayfront, Navigable Water, No Fixed Bridges, Ocean Access
- Boat Dock Slip: Yes
Financial Considerations
- Tax Amount: $33,382
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: CORAL GABLES RIVIERA SEC 2 REV PT LOT 6 & ALL LOT 7 & PT LOT 8 BLK 42 DB 3994-469 PB 28-18 LOT SIZE 99.570 X 140 OR 19738-4840-42 06/2001 1
- Property ID: 03-41-20-023-1320
Listed by Home Sold Realty LLC
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Schools
Schools serving 4950 Riviera Dr
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
George W. Carver Elementary School 238 Grand Avenue, Coral Gables, FL 33133 | PK-5 | 0.5 mi |
Ponce De Leon Middle School 5801 Augusto Street, Coral Gables, FL 33146 | 6-8 | 0.6 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 4950 Riviera Dr
Date
Details
Price
Change
Source
1/29/2026
Listed
$3,550,000
12.7%
MLS
8/05/2024
Sold
$3,150,000
—
Public Record
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 4950 Riviera Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$45,558
19%
$2,518,630
-3%
2024
$38,274
15%
$2,608,544
25%
2023
$33,382
33%
$2,083,858
62%
2021
$25,173
-12%
$1,286,200
-23%
2022
$28,571
13%
$1,674,702
20%
2021
$25,173
-9%
$1,394,359
4%
2019
$27,735
11%
$1,340,671
10%
2018
$24,990
8%
$1,218,792
-7%
2017
$23,092
5%
$1,309,552
30%
2016
$22,095
19%
$1,007,267
10%
2015
$18,521
9%
$915,698
10%
2014
$16,936
12%
$832,453
10%
2013
$15,092
—
$756,776
—
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 4950 Riviera Dr
4950 Riviera Drive, Miami, FL 33146 (MLS# F10549188) is a Single Family property with 3 bedrooms and 3 full bathrooms. 4950 Riviera Drive is currently listed for $3,550,000 and was received on January 29, 2026. Want to learn more about 4950 Riviera Drive? Do you have questions about finding other Single Family real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

